ProShares to Transfer Securities from American Stock Exchange to NYSE Arca in Connection...

Thu Oct 2, 2008 4:30pm EDT

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ProShares to Transfer Securities from American Stock Exchange to NYSE Arca in Connection with NYSE Euronext's Acquisition of Amex

BETHESDA, Md.--(Business Wire)--
ProShares announced today that the listing of the following 64
ProShares exchange-traded funds currently listed on the American Stock
Exchange (Amex) will be transferred to NYSE Arca in the fourth quarter
following the recent close of NYSE Euronext's acquisition of the Amex:

       Names of ProShares, their objectives and ticker symbols:

-0-
*T
Short MarketCap ProShares  Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
Short QQQ                  Inverse of the NASDAQ-100(R) PSQ
                            Index
Short Dow30                Inverse of the Dow Jones     DOG
                            Industrial Average(SM)
Short S&P500               Inverse of the S&P 500(R)    SH
                            Index
Short MidCap400            Inverse of the S&P MidCap    MYY
                            400 Index
Short SmallCap600          Inverse of the S&P SmallCap  SBB
                            600 Index
Short Russell2000          Inverse of the Russell       RWM
                            2000(R) Index
UltraShort QQQ             Double the inverse of the    QID
                            NASDAQ-100(R) Index
UltraShort Dow30           Double the inverse of the    DXD
                            Dow Jones Industrial
                            Average(SM)
UltraShort S&P500          Double the inverse of the    SDS
                            S&P 500(R) Index
UltraShort MidCap400       Double the inverse of the    MZZ
                            S&P MidCap 400 Index
UltraShort SmallCap600     Double the inverse of the    SDD
                            S&P SmallCap 600 Index
UltraShort Russell2000     Double the inverse of the    TWM
                            Russell 2000(R) Index

Short Style ProShares      Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
UltraShort Russell1000     Double the inverse of the    SJF
 Value                      Russell 1000(R) Value Index
UltraShort Russell1000     Double the inverse of the    SFK
 Growth                     Russell 1000(R) Growth
                            Index
UltraShort Russell MidCap  Double the inverse of the    SJL
 Value                      Russell Midcap(R) Value
                            Index
UltraShort Russell MidCap  Double the inverse of the    SDK
 Growth                     Russell Midcap(R) Growth
                            Index
UltraShort Russell2000     Double the inverse of the    SJH
 Value                      Russell 2000(R) Value Index
UltraShort Russell2000     Double the inverse of the    SKK
 Growth                     Russell 2000(R) Growth
                            Index

Short Sector ProShares     Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
Short Financials           Inverse of the Dow Jones     SEF
                            U.S. Financials Index(SM)
Short Oil & Gas            Inverse of the Dow Jones     DDG
                            U.S. Oil & Gas Index(SM)
UltraShort Basic           Double the inverse of the    SMN
 Materials                  Dow Jones U.S. Basic
                            Materials Index(SM)
UltraShort Consumer Goods  Double the inverse of the    SZK
                            Dow Jones U.S. Consumer
                            Goods Index(SM)
UltraShort Consumer        Double the inverse of the
 Services                   Dow Jones U.S. Consumer
                            Services Index(SM) SCC
UltraShort Financials      Double the inverse of the    SKF
                            Dow Jones U.S. Financials
                            Index(SM)
UltraShort Health Care     Double the inverse of the    RXD
                            Dow Jones U.S. Health Care
                            Index(SM)
UltraShort Industrials     Double the inverse of the    SIJ
                            Dow Jones U.S. Industrials
                            Index(SM)
UltraShort Oil & Gas       Double the inverse of the    DUG
                            Dow Jones U.S. Oil & Gas
                            Index(SM)
UltraShort Real Estate     Double the inverse of the    SRS
                            Dow Jones U.S. Real Estate
                            Index(SM)
UltraShort Semiconductors  Double the inverse of the    SSG
                            Dow Jones U.S.
                            Semiconductors Index(SM)
UltraShort Technology      Double the inverse of the    REW
                            Dow Jones U.S. Technology
                            Index(SM)
UltraShort                 Double the inverse of the    TLL
 Telecommunications         Dow Jones U.S. Select
                            Telecommunications
                            Index(SM)
UltraShort Utilities       Double the inverse of the    SDP
                            Dow Jones U.S. Utilities
                            Index(SM)

Short International        Daily Objective *            Ticker Symbol
 ProShares
----------------------------------------------------------------------
Short MSCI EAFE            Inverse of the MSCI EAFE     EFZ
                            Index
Short MSCI Emerging        Inverse of the MSCI Emerging EUM
 Markets                    Markets Index
UltraShort MSCI EAFE       Double the inverse of the    EFU
                            MSCI EAFE Index
UltraShort MSCI Emerging   Double the inverse of the    EEV
 Markets                    MSCI Emerging Markets Index
UltraShort MSCI Japan      Double the inverse of the    EWV
                            MSCI Japan Index
UltraShort FTSE/Xinhua     Double the inverse of the    FXP
 China 25                   FTSE/Xinhua China 25 Index

Short Fixed-Income         Daily Objective *            Ticker Symbol
 ProShares
----------------------------------------------------------------------
UltraShort Lehman 7-10     Double the inverse of the
 Year Treasury              Lehman Brothers 7-10 Year
                            U.S. Treasury Index PST
UltraShort Lehman 20+      Double the inverse of the
 Year Treasury              Lehman Brothers 20+ Year
                            U.S. Treasury Index TBT

Ultra MarketCap ProShares  Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
Ultra QQQ                  Double the NASDAQ-100(R)     QLD
                            Index
Ultra Dow30                Double the Dow Jones         DDM
                            Industrial Average(SM)
Ultra S&P500               Double the S&P 500(R) Index  SSO
Ultra MidCap400            Double the S&P MidCap 400    MVV
                            Index
Ultra SmallCap600          Double the S&P SmallCap 600  SAA
                            Index
Ultra Russell2000          Double the Russell 2000(R)   UWM
                            Index

Ultra Style ProShares      Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
Ultra Russell1000 Value    Double the Russell 1000(R)   UVG
                            Value Index
Ultra Russell1000 Growth   Double the Russell 1000(R)   UKF
                            Growth Index
Ultra Russell MidCap       Double the Russell Midcap(R) UVU
 Value                      Value Index
Ultra Russell MidCap       Double the Russell Midcap(R) UKW
 Growth                     Growth Index
Ultra Russell2000 Value    Double the Russell 2000(R)   UVT
                            Value Index
Ultra Russell2000 Growth   Double the Russell 2000(R)   UKK
                            Growth Index

Ultra Sector ProShares     Daily Objective *            Ticker Symbol
----------------------------------------------------------------------
Ultra Basic Materials      Double the Dow Jones U.S.    UYM
                            Basic Materials Index(SM)
Ultra Consumer Goods       Double the Dow Jones U.S.    UGE
                            Consumer Goods Index(SM)
Ultra Consumer Services    Double the Dow Jones U.S.    UCC
                            Consumer Services Index(SM)
Ultra Financials           Double the Dow Jones U.S.    UYG
                            Financials Index(SM)
Ultra Health Care          Double the Dow Jones U.S.    RXL
                            Health Care Index(SM)
Ultra Industrials          Double the Dow Jones U.S.    UXI
                            Industrials Index(SM)
Ultra Oil & Gas            Double the Dow Jones U.S.    DIG
                            Oil & Gas Index(SM)
Ultra Real Estate          Double the Dow Jones U.S.    URE
                            Real Estate Index(SM)
Ultra Semiconductors       Double the Dow Jones U.S.    USD
                            Semiconductors Index(SM)
Ultra Technology           Double the Dow Jones U.S.    ROM
                            Technology Index(SM)
Ultra Telecommunications   Double the Dow Jones U.S.    LTL
                            Select Telecommunications
                            Index(SM)
Ultra Utilities            Double the Dow Jones U.S.    UPW
                            Utilities Index(SM)
*Before fees and expenses. Fixed-income funds may benefit from
 interest earned on cash and investments.
*T

   Specific dates for the transfer in listing of each of the
securities will be provided in advance of the change.

                  About ProShares and ProFunds Group

   ProShares is part of the $25 billion ProFunds Group, the world's
largest manager of short and leveraged ETFs and mutual funds.(1)
ProFunds Group also includes the family of more than 100 ProFunds
mutual funds and manages the Canada-based Horizons BetaPro Funds.

   ProFunds Group includes ProFunds mutual funds and ProShares ETFs.

   All investing involves risk, including the possible loss of
principal. Short ProShares should lose value when their market indexes
rise, and they entail certain risks, including, in some or all cases,
aggressive investment techniques, inverse correlation and market price
variance risks, all of which can increase volatility and decrease
performance. ProShares are not diversified investments. Narrowly
focused investments, including sector ETFs, typically exhibit higher
volatility. ProShares are designed to meet daily objectives; results
over longer periods may differ. There is no guarantee that any
ProShares ETF will achieve its investment objective.

   Carefully consider the investment objectives, risks, charges and
expenses of ProShares and ProFunds before investing. This and other
information can be found in their prospectuses. Read the
prospectus(es) carefully before investing. For a ProShares ETF
prospectus, visit www.proshares.com and seek advice from your
financial adviser or broker/dealer representative. Financial
professionals can also call 866-PRO-5125. For a ProFunds mutual funds
prospectus, call 888-PRO-FNDS (individual investors) or 888-PRO-5717
(financial professionals), or visit www.profunds.com. Read the
prospectus(es) carefully before investing.

   ProFunds Distributors, Inc. is distributor for ProFunds mutual
funds. ProShares ETFs are distributed by SEI Investments Distribution
Co., which is not affiliated with ProFunds Group or its affiliates.

   "QQQ(R)" and "NASDAQ-100(R)" are trademarks of The NASDAQ OMX
Group, Inc. "S&P 500(R)" Index, S&P MidCap 400(TM) Index and S&P
SmallCap 600(TM )Index are trademarks of The McGraw-Hill Companies,
Inc. "Dow Jones Industrial Average(SM)," "The Dow 30SM," "Dow Jones
U.S. Sector Indexes" and "Dow Jones Select Sector Indexes" are service
marks of Dow Jones & Company, Inc. The Russell 2000(R) Index, Russell
2000(R) Growth Index, Russell 2000(R) Value Index, Russell 1000(R)
Growth Index, Russell 1000(R) Value Index, Russell Midcap(R) Growth
Index, and Russell Midcap(R) Value Index are trademarks of the Russell
Investment Group. MSCI, MSCI Inc., MSCI Index and EAFE are service
marks of MSCI. Lehman Brothers and Lehman Brothers Inc. are trademarks
of Lehman Brothers Inc. FTSE/Xinhua China 25 is a trademark of
FTSE/Xinhua Index Limited ("FXI"). All have been licensed for use by
ProShares. "FTSE(R)" is a trademark of the London Stock Exchange PLC
and The Financial Times Limited and is used by FXI under license.
"Xinhua(R)" is a trademark of Xinhua Finance Limited and is used by
FXI under license. ProShares have not been passed on by these entities
or their affiliates as to their legality or suitability. ProShares are
not sponsored, endorsed, sold or promoted by these entities or their
affiliates, and they make no representation regarding the advisability
of investing in these products. THESE ENTITIES AND THEIR AFFILIATES
MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

   2008-4063

   (1) ProFunds Group assets as of 9/30/08. "Largest manager" source:
Lipper, based on a worldwide analysis of all of the known providers of
publicly traded funds in these categories. The analysis covered ETFs,
ETNs, and mutual funds by the number of funds and assets (as of
6/30/2008).

Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
tucker@hewescomm.com

Copyright Business Wire 2008
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