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ProShares Announces ETF Share Splits

ProShares, the nation's fourth most successful exchange traded fund (ETF) company, 1 announced today share splits on six of its ETFs and reverse share splits on 11 of its ETFs. The splits and reverse splits will not change the value of a shareholder's investment.

Splits

Four ETFs will split shares 2-for-1.

Ticker   Fund   Split Ratio
QLD   ProShares Ultra QQQ   2:1
TQQQ   ProShares UltraPro QQQ   2:1
UBT   ProShares Ultra 20+ Year Treasury   2:1
UST   ProShares Ultra 7-10 Year Treasury   2:1
   

Two ETFs will split shares 3-for-1.

Ticker   Fund   Split Ratio
UDOW   ProShares UltraPro Dow30   3:1
KOLD   ProShares UltraShort DJ-UBS Natural Gas   3:1
   

All splits will apply to shareholders of record as of the close of the markets on May 8, 2012, payable after the close of the markets on May 10, 2012. The funds will trade at their post-split price on May 11, 2012. The ticker symbol and CUSIP numbers for the funds will not change.

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