PIO Invesco Global Water ETF Trust II

Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced that on Tuesday, Nov. 25, it transferred five remaining PowerShares ETFs currently listed on the NYSE Alternext US LLC (formerly known as the American Stock Exchange -- "the Amex") to the NYSE Arca listing and trading platform. The move of the PowerShares ETFs came as a result of the merger of the Amex and NYSE Euronext, the holding company for NYSE Arca, which was announced Oct. 1, 2008. Effective Nov. 3, 2008, Invesco PowerShares successfully moved 74 of 79 ETFs from the Amex to NYSE Arca. This move was one of the single largest one-day transfers of ETFs in the history of both exchanges. Current shareholders are not required to take any actions as a result of the move.

The five PowerShares ETFs moved to NYSE Arca are as follows:

PFP  PowerShares International Listed Private Equity Portfolio
PGF  PowerShares Financial Preferred Portfolio
PGX  PowerShares Preferred Portfolio
PIO  PowerShares Global Water Portfolio
PSP  PowerShares Listed Private Equity Portfolio

Invesco PowerShares is leading the intelligent ETF revolution through its family of more than 100 domestic and international index-based and actively managed exchange-traded funds. With assets under management as of Sept. 30, 2008, of $12.21 billion, PowerShares ETFs trade on all of the major U.S. stock exchanges that trade ETFs. For more information, please visit us at www.invescopowershares.com.

Invesco PowerShares is a part of Invesco Ltd., a leading independent global investment management company dedicated to helping people worldwide build their financial security. By delivering the combined power of its distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high net-worth clients around the world. Operating in 20 countries, the company is currently listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

There are risks involved with investing in ETFs including possible loss of money. Shares are not actively managed and are subject to risk similar to stocks and covered call options, as well as those risks related to short selling and margin maintenance. Ordinary brokerage commissions apply.

Shares are not FDIC insured, may lose value and have no bank guarantee.

Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 100,000 shares.

PowerShares� is a registered trademark of Invesco PowerShares Capital Management LLC. Invesco PowerShares Capital Management LLC and Invesco Aim Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.

Invesco Aim Distributors, Inc. is the distributor of the PowerShares Exchange-Traded Fund Trust and the PowerShares Exchange-Traded Fund Trust II.

An investor should consider the Funds' investment objectives, risks, charges and expenses carefully before investing. For a copy of the prospectus, which contains this and other information about the Funds, call 800.983.0903 or visit our website www.invescopowershares.com. Please read the prospectus carefully before investing.

Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Bill Conboy BC Capital Partners 303-415-2290 Email Contact