Fund Description: Invesco India ETF, formerly PowerShares India Portfolio is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Invesco India Exchange-Traded Fund Trust, formerly PowerShares Exchange-Traded Fund Trust, an open-ended investment management company. INVESTMENT OBJECTIVE: Invesco India ETF seeks investment results that correspond, before fees and expenses. generally to the price and yield of the Indus India Index. INDEX DESCRIPTION: The Indus India Index is comprised of Indian equity securities traded on regulated stock exchanges in India. The India Index is designed to represent the Indian equity markets as a whole. As of January 31, 2008, the India Index consisted of 50 stocks issued by companies domiciled in India. The India Index has 50 constituents, spread among the following sectors: Information Technology, Health Sciences, Financial Services, Heavy Industry, Consumer Products and Other. FUND STRATEGY: The Fund will carry out its investment strategies by investing substantially all of its assets in a wholly-owned subsidiary in Mauritius, which in turn, will invest at least 90% of its total assets in securities that comprise the India Index and American Depository Receipts based on the securities in the Index. The Fund anticipates that the majority of its investments will be in securities that comprise the Index rather than ADRs. Using an indexing investment approach, the Fund, attempts to replicate the performance of the Index. The Fund generally will invest in all of the stocks comprising the Index in proportion to their weightings in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of those stocks in those weightings. In those circumstances, the Fund may purchase a sample of stocks in the Index as a whole. There may also be instances in which the Adviser may choose to overweight another stock in the Index, purchase securities not in the Index which is believed appropriate to substitute for certain securities in the Index or utilize various combinations of other available investment techniques, in seeking to track the Index. The Fund may sell stocks that are represented in the Index in anticipation of their removal from the Index or purchase stocks not represented in the India Index in anticipation of their addition to the Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.