The Options Clearing Corporation (“OCC”) has been advised that ProShares UltraShort Basic Materials (SMN)
has announced a 1-for-5 reverse stock split. As a result of the reverse stock split, each SMN Share will be
converted into the right to receive .20 (New) ProShares UltraShort Basic Materials Shares. The reverse stock
split will become effective prior to the open of business on April 15, 2010.
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