Sons and Daughters of BBCMF PowerShares Dynamic Technology Sector Portfolio Sponsorship of ETFs

[mick]

http://www.investorshub.com/boards/quotes.asp?ticker=ptf

October 19, 2006 - 11:06 AM EST
NASDAQ to Transfer Sponsorship of ETFs to PowerShares
Media Conference Call Will Be Held Today at 1 P.M. Eastern Time
PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), and Nasdaq Global Funds, Inc., a subsidiary of The Nasdaq Stock Market, Inc., announced an agreement to transfer sponsorship of the NASDAQ-100 Index Tracking Stock® (NASDAQ: QQQQ), also known as QQQ®, the NASDAQ-100 European Tracker® (EQQQ), and the 4 BLDRS Index Funds Trust(SM) (NASDAQ: ADRE) (NASDAQ: ADRD) (NASDAQ: ADRU) (NASDAQ: ADRA). Pending Securities and Exchange Commission (SEC) and other regulatory approvals, sponsorships of the funds will be conveyed to PowerShares. PowerShares does not plan to make any changes to the total expense ratios of the funds and the ticker symbols are expected to remain the same.