PRFZ Invesco FTSE RAFI US 1500 Small Mid ETF Trust

Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver zero long-term capital gains distributions across 120 of 123 equity and fixed-income ETFs for 2012.

"At Invesco PowerShares we are proud of our product line's tax efficient track record," said Ben Fulton, Invesco PowerShares managing director of global ETFs. "For the tenth consecutive year, we are pleased that the vast majority of PowerShares ETFs did not deliver capital gains distributions. This accomplishment highlights one of the many advantages ETFs can potentially provide shareholders seeking to maximize real returns."

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                                                Estimated Distribution (per
Portfolio Name                          Ticker  share)
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PowerShares S&P 500 BuyWrite Portfolio    PBP   $0.13 - $0.16
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PowerShares 1-30 Laddered Treasury
Portfolio                                 PLW   $0.001 - $0.003
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PowerShares Active Low Duration Fund      PLK   $0.045 - $0.075
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The three PowerShares ETFs expected to make capital gains distributions this year represent less than 1% of franchise assets. The funds are expected to see long-term capital gains distributions under 1% of NAV per share.

The ex-date for the 2012 capital gains distributions is anticipated to be Monday, December 24, 2012. The record date is anticipated to be Thursday, December 27, 2012, and the pay date is anticipated to be Monday, December 31, 2012.

Invesco PowerShares Capital Management LLC is Leading the Intelligent ETF Revolution® through its family of more than 140 domestic and international exchange-traded funds, which seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. With franchise assets over $74 billion as of Sept 30, 2012, PowerShares ETFs trade on both U.S. stock exchanges. For more information, please visit us at invescopowershares.com or follow us on Twitter @PowerShares.

Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Not FDIC Insured | May Lose Value | No Bank Guarantee

Note: Not all products available through all firms

While it is not Invesco PowerShares intention, there is no guarantee that the Funds will not distribute capital gains to its shareholders.

Invesco Distributors, Inc. is the distributor of the PowerShares Actively Managed Exchange-Traded Fund Trust.

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

An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund. For this and more complete information about the Fund call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.

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Media Contacts: Kristin Sadlon Cohn & Wolfe 212.798.9864 Email Contact Bill Conboy 303-415-2290 Email Contact