ProShares, a premier provider of alternative ETFs, announced today that five ProShares ETFs listed on the BATS Exchange will begin participating in the BATS Competitive Liquidity Provider ("CLP") Program (http://www.batstrading.com/listings/market_maker/etp/) starting today. These ETFs join two ProShares ETFs already participating in the program.

ProShare Advisors LLC pays a fee for each of its ETFs participating in this program. The fee is intended to help generate more quotes and trading than might otherwise exist absent this payment. Participation in this program may have potential impacts on the price and liquidity of ETFs in the program. In particular, there could be adverse impacts on a purchaser's sale of an ETF that leaves the program. To learn more about ProShares ETFs’ participation in the BATS CLP Program, visit (http://www.proshares.com/resources/liquidity_programs.html).

About ProShares

ProShares offers the nation's largest lineup of alternative ETFs. We help investors to go beyond the limitations of conventional investing and face today's market challenges. ProShares helps investors build better portfolios by providing access to alternative investments delivered with the liquidity, transparency and cost effectiveness of ETFs. Our wide array of alternative ETFs can help you reduce volatility, manage risk and enhance returns.

ProShares has the largest lineup of alternative ETFs in the United States according to Strategic Insight, based on analysis of all the known alternative ETF providers (as defined by Strategic Insight) by their number of funds and assets (as of 1/31/2014).

Investing involves risk, including the possible loss of principal. ProShares are generally non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. For more on correlation, leverage and other risks, please read the prospectus. There is no guarantee any ProShares ETF will achieve its investment objective.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Obtain them from your broker/dealer representative or visit ProShares.com.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor.