This is a reminder that Open orders in the ProShares Ultra VIX Short-Term Futures ETF (NYSEArca:UVXY) at the close of business today Wednesday, March 7, 2012 will be canceled. The new shares of the Fund will be admitted to trading at the opening of business on Thursday, March 8, 2012. In the reverse split, each 6 outstanding shares of the above Fund will be will be exchanged for one new share of the Fund. On the effective date, the Fund will have a new CUSIP as indicated below. The ticker symbol and underlying index will not be changed.

NYSE:UVXY