ProShares ETFs Declare Distributions


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PRESS RELEASE

Bethesda, MD, December 22, 2008 — ProFunds Group, the world’s largest manager of short and leveraged funds,1 has announced fourth quarter income dividend distribution declarations for its ProShares ETFs. The firm expects dividend distributions for 52 of its 76 ETFs. Capital gain distributions for 35 of the firm’s ETFs were announced earlier today. The amounts to be distributed per share are listed below.

 

Fourth Quarter 2008 Scheduled Distributions

Fund Name

Ticker

Dividend

S.T. Cap Gain

L.T. Cap Gain

Ex-Date

Record Date

Payable Date

Short QQQ PSQ 0.003319
4.0444
0.20694
12/23/2008 12/26/2008 12/30/2008
Short Dow30 DOG   0.027903
8.44471
0.26845
12/23/2008 12/26/2008 12/30/2008
Short S&P500 SH 0.001732
11.94291
0.03849
12/23/2008 12/26/2008 12/30/2008
Short MidCap400 MYY
--
10.21814
1.08643
12/23/2008 12/26/2008 12/30/2008
Short SmallCap600 SBB
--
32.29667
--
12/23/2008 12/26/2008 12/30/2008
Short Russell2000 RWM 0.357375
23.94983
0.26542
12/23/2008 12/26/2008 12/30/2008
UltraShort QQQ QID 0.005739
9.49928
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Dow30 DXD 0.027612
16.0274
-- 12/23/2008 12/26/2008 12/30/2008
UltraShort S&P500 SDS 0.028553
11.46188
--
12/23/2008 12/26/2008 12/30/2008
UltraShort MidCap400 MZZ 0.007783
23.84952
--
12/23/2008 12/26/2008 12/30/2008
UltraShort SmallCap 600 SDD 0.168069
28.61282
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell2000 TWM 0.066508
25.00731
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell1000 Value SJF 0.062854
9.53106
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell 1000 Growth SFK 0.037969
32.96469
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell MidCap Value SJL
--
50.35417
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell MidCap Growth SDK 0.014454
47.77962
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell2000 Value SJH 0.01752
30.53633
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Russell2000 Growth SKK 0.09728
39.73579
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Basic Materials SMN 0.008847
26.57907
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Consumer Goods SZK 0.006616
18.85726
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Consumer Services SCC 0.008631
33.91358
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Financials SKF
--
--
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Health Care RXD 0.01084
29.65321
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Industrials SIJ 0.056392
47.84611
--
12/23/2008 12/26/2008 12/30/2008
SRS 0.023996
4.56656
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Oil & Gas DUG 0.019068 6.06101
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Semiconductors SSG 0.04075
42.34605
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Technology REW 0.041332
26.4631
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Utilities SDP 0.047507
28.42091
--
12/23/2008 12/26/2008 12/30/2008
UltraQQQ QLD
--
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Dow 30 DDM 0.147342
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra S&P 500 SSO 0.059111
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra MidCap400 MVV
--
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra SmallCap600 SAA 0.031616
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell 2000 UWM 0.041995
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell 1000 Value UVG 0.082495
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell 1000 Growth UKF 0.019965
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell MidCap Value UVU 0.07121
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell MidCap Growth UKW 0.013216
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell 2000 Value UVT 0.057416
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Russell 2000 Growth UKK
--
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Basic Materials UYM 0.070122
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Consumer Goods UGE 0.191725
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Consumer Services UCC 0.041292
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Financials UYG 0.024567
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Health Care RXL 0.092843
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Industrials UXI 0.120697
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Oil & Gas DIG
N/A
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Real Estate URE 0.03903
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Semiconductors USD 0.043777
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Technology ROM
--
--
--
12/23/2008 12/26/2008 12/30/2008
UPW 0.215054
--
--
12/23/2008 12/26/2008 12/30/2008
EFZ 0.006298
16.24244
--
12/23/2008 12/26/2008 12/30/2008
EFU 0.012308
24.10923
--
12/23/2008 12/26/2008 12/30/2008
EUM 0.007622
7.66143
--
12/23/2008 12/26/2008 12/30/2008
EEV
--
--
--
12/23/2008 12/26/2008 12/30/2008
UltraShort MSCI Japan EWV 0.02634
12.1342
--
12/23/2008 12/26/2008 12/30/2008
FXP
--
--
--
12/23/2008 12/26/2008 12/30/2008
Ultra Telecommunications ProShares LTL 0.15422
--
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Telecommunications ProShares TLL 0.019307
30.085
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Lehman Brothers
7-10 Year U.S. Treasury ProShares
PST 0.001175
--
--
12/23/2008 12/26/2008 12/30/2008
UltraShort Lehman Brothers
20+ Year U.S. Treasury ProShares
TBT
--
--
--
12/23/2008 12/26/2008 12/30/2008
Short Financials ProShares SEF 0.001745
3.43735
--
12/23/2008 12/26/2008 12/30/2008
Short Oil & Gas ProShares DDG 0.025227
24.28852
--
12/23/2008 12/26/2008 12/30/2008

 

Distributions reduce the net assets of each of the affected ETFs as of the close of business today and the ETFs will trade ex-dividend tomorrow. Each portfolio’s exposure to its benchmark index will be adjusted today to reflect this reduction in assets.

All ETFs are required by the Internal Revenue Code to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you seek advice from a qualified tax professional.

About ProFunds Group

The $25 billion ProFunds Group includes 72 ProShares short and leveraged ETFs, and more than 115 ProFunds mutual funds. Since 1997, ProFunds has provided mutual fund investors with easier access to sophisticated investment strategies, with offerings that include funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline. The group also manages the Canada-based Horizons BetaPro ETFs.

Media contact: 
Tucker Hewes, Hewes Communications, Inc., (212) 207-9451, tucker@hewescomm.com

Dec 22, 2008