PowerShares and Deutsche Bank Launch Two New Currency-Based Exchange-Traded Funds

Deutsche Bank and PowerShares Capital Management LLC today announced that the PowerShares DB US Dollar Bullish Fund (AMEX: UUP) and the PowerShares DB US Dollar Bearish Fund (AMEX: UDN) will list on the American Stock Exchange on February 20, 2007. The funds offer investors intelligent access to the Deutsche Bank Long US Dollar Index and the Deutsche Bank Short US Dollar Index , respectively.

The Indices, which are managed by DB Commodity Services LLC, are rules-based indices composed solely of long (in the case of the Dollar Bullish Fund) or short (in the case of the Dollar Bearish Fund) USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being long or short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

These exchange-traded US Dollar funds offer securities investors unprecedented intraday access to the performance of the United States Dollar against a basket of global currencies, said Kevin Rich, Chief Executive Officer of DB Commodity Services LLC, the managing owner of the new funds as well the PowerShares DB Commodity Index Tracking Fund (AMEX: DBC), the PowerShares DB G10 Currency Harvest Fund (AMEX: DBV), and seven commodity sector exchange-traded funds.

PowerShares continues leading the Intelligent ETF Revolution listing two convenient ETF portfolios which provide investors intelligent access to the US dollar performance, said Bruce Bond, Chief Executive Officer of PowerShares Capital Management LLC. We are pleased to continue our collaboration with the Deutsche Bank team and expect to list new portfolios that enable professional money managers, advisors, and individuals alike cost-effective access to non-equity correlated assets classes, many of which have previously been difficult to invest in. Ordinary brokerage commissions apply.

Todays US Dollar ETF listing further extends the Deutsche Bank and PowerShares relationship, combing Deutsche Banks leadership in global currency and PowerShares exchange-traded fund expertise.

Important Considerations

Commodities and futures generally are volatile and may not be suitable for all investors. Investment in foreign exchange related products is subject to many factors which contribute to or increase volatility, such as national debt levels and trade deficits, changes in domestic and foreign interest rates, and investors expectations concerning interest rates, currency exchange rates and global or regional political, economic or financial events and situations. Each of the funds described in the press release is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in one of the funds. The funds are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. Shares in the funds are not FDIC insured, may lose value and have no bank guarantee. Prospectuses for the funds are available at http://dbfunds.db.com

An investor should consider each funds investment objectives, risks, charges and expenses carefully before investing. This material must be accompanied by a prospectus. Please read the prospectus carefully before investing.

ALPS Distributors, Inc. is the distributor of the PowerShares DB US Dollar Bullish Fund and PowerShares DB US Dollar Bearish Fund.

Certain marketing services may be provided for the Funds by PowerShares Capital Management LLC and its affiliate A I M Distributors, Inc.

http://dbfunds.db.com for prospectuses on any of the funds.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,128 billion in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

www.db.com

About PowerShares Capital Management LLC

PowerShares Capital Management LLC is passionate about its goal of efficiently delivering the highest quality institutional investment management services available. PowerShares is Leading the Intelligent ETF Revolution® providing investment advisors with institutional caliber asset management that seeks to replicate enhanced indexes in one of the more benefit rich investment vehicles available in the marketplace 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.

www.powershares.com

PowerShares® and Leading the Intelligent ETF Revolution® are registered marks of PowerShares Capital Management, LLC.

DBC000148 Exp. 2.15.2008

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