PowerShares India Portfolio ETF Lists On NYSE Arca - Designed To Track The Performance Of The Indus India Index

NYSE Euronext (NYSE Euronext: NYX) today announced that the PowerShares India Portfolio Fund Exchange Traded Fund (ETF) listed under the ticker symbol PIN and began trading on NYSE Arca.  Based on the Indus India Index, PIN is designed to track the performance of the Indian equity markets as a whole with representation across the information technology, health sciences, financial services, heavy industry, and consumer products sectors.

The following NYSE listed stocks are currently included in the Indus India Index:

Dr. Reddy's Laboratories Lmt	(NYSE: RDY)
HDFC Bank	(NYSE: HDB)
ICICI Bank	(NYSE: IBN )
Satyam Computer Services	(NYSE: SAY)
Sterlite Industries	(NYSE: SLT)
Tata Motors	(NYSE: TTM)
Wipro Ltd	(NYSE: WIT)

“The index on which the PowerShares India Portfolio is based is designed to be the proxy for investable assets into the Indian market,” said Bruce Bond, president and CEO of PowerShares. “India is one of the fastest-growing economies in the world, and it also boasts the globe’s second-largest population and fourth-largest GDP . We believe PIN is an excellent choice for investors seeking diversified access to a broad portfolio of Indian securities.”

Including today’s listing, NYSE Arca markets have 246 primary ETF and 33 ETNs listings and trade all other eligible ETFs on a UTP basis.In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary listings, including a record 101 IPOs.  For the full-year 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed and $340 billion assets under management.