News Releases

 
PowerShares India Portfolio ETF Lists on NYSE Arca
-Designed to Track the Performance of the  Indus India Index-

NEW  YORK , Mar. 5, 2008 –NYSE Euronext (NYSE Euronext: NYX) today announced that the PowerShares India Portfolio Fund Exchange Traded Fund (ETF) listed under the ticker symbol PIN and began trading on NYSE Arca.  Based on the Indus India Index, PIN is designed to track the performance of the Indian equity markets as a whole with representation across the information technology, health sciences, financial services, heavy industry, and consumer products sectors.

The following NYSE listed stocks are currently included in the Indus India Index:

Dr. Reddy's Laboratories Lmt 

(NYSE: RDY)

HDFC Bank 

(NYSE: HDB)

ICICI Bank

(NYSE: IBN )

Satyam Computer Services

(NYSE: SAY)

Sterlite Industries

(NYSE: SLT)

Tata Motors

(NYSE: TTM)

Wipro Ltd

(NYSE: WIT)

“The index on which the PowerShares India Portfolio is based is designed to be the proxy for investable assets into the Indian market,” said Bruce Bond, president and CEO of PowerShares. “India is one of the fastest-growing economies in the world, and it also boasts the globe’s second-largest population and fourth-largest GDP . We believe PIN is an excellent choice for investors seeking diversified access to a broad portfolio of Indian securities.”

Including today’s listing, NYSE Arca markets have 246 primary ETF and 33 ETNs listings and trade all other eligible ETFs on a UTP basis.In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary listings, including a record 101 IPOs.  For the full-year 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed and $340 billion assets under management.

PowerShares Capital Management LLC
PowerShares Capital Management LLC is leading the intelligent ETF revolution through its family of more than 100 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 of over $35 billion, PowerShares ETFs trade on all major U.S. stock exchanges. For more information, visit www.powershares.com.

PowerShares is a part of Invesco, a leading independent global investment management company, dedicated to helping people worldwide build their financial security.  By delivering the combined power of our 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.

About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation.  Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms.  NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions.  NYSE Euronext's nearly 4,000 listed companies represent a combined $30.5 trillion/€20.9 trillion in total global market capitalization (as of Dec. 31, 2007), more than four times that of any other exchange group.  NYSE Euronext's equity exchanges transact an average daily trading value of approximately $141 billion/€103 billion (as of Dec. 31, 2007), which represents more than one-third of the world's cash equities trading.  NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index.  For more information, please visit www.nyx.com.

Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

 

 


Contact: Stephanie Scotto
Phone: 212.656.4896
Email:  sscotto@nyx.com