Bruce Bond, CEO PowerShares Capital Management, and Jerry Moskowitz, Managing Director of FTSE Americas, preside over the closing bell.

Wednesday, September 20, 2006
at NASDAQ's MarketSite
in New York City.

PowerShares and FTSE

Bruce Bond, CEO PowerShares Capital Management, and Jerry Moskowitz, Managing Director of FTSE Americas, preside over the closing bell to celebrate the new listings of ten ETFs and beginning of a strategic working relationship between NASDAQ, PowerShares and FTSE Group.
PowerShares Capital Management LLC provides institutional caliber asset management and market exposure through the replication of enhanced indexes. PowerShares delivers this sophisticated asset management in one of the more benefit rich investment vehicles available today, the exchange-traded fund. The firm is committed to theoretically sound portfolio construction and empirically verifiable investment management approaches. PowerShares' asset management philosophy and investment discipline are deeply rooted in the application of intuitive factor analysis and model implementation to enhance investment decisions.

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Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 9/20/2006 Download Hi-Res Quality Photo of this NASDAQ Market Close - Pictured: Jerry Moskowitz, Managing Director of FTSE Americas and Bruce Bond, CEO PowerShares Capital Management, rings the Closing Bell These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.