Wildcatters Exploration & Production Equity ETF: ALPS ETF Trust To Liquidate This ETF (WCAT)

ALPS ETF Trust announced today the scheduled liquidation of the Jefferies | TR/J CRB Wildcatters Exploration & Production Equity ETF (NYSEARCA:WCAT) (the “Fund”). The Fund will close to new investors on April 27, 2012 and will liquidate on May 2, 2012.

ALPS ETF Trust’s Board of Trustees decision was made after consultation with ALPS Advisors, Inc. the investment advisor to the Fund. The Board considered current market conditions as well as prospects for growth in the Fund’s assets in the foreseeable future. The board determined that it was advisable and in the best interests of the Fund and its shareholders to liquidate the Fund, which is listed for trading on NYSE Arca, Inc. (the “NYSE Arca”). Friday, April 27, 2012, is scheduled to be the last day of trading for the shares of the Fund on NYSE Arca. Beginning immediately through May 1, 2012, the Fund will be in the process of closing down and liquidating its portfolio. The process will result in the Fund not tracking its underlying index and its cash holdings increasing, which may be inconsistent with the Fund’s investment objectives and strategies. From April 30, 2012 to May 1, 2012, shareholders may be able to sell their shares to certain broker-dealers, but there can be no assurance that there will be a market for the Fund. Any person holding shares in the Fund as of the liquidation date of May 2, 2012 will receive a cash distribution equal to the net asset value of their shares as of that date. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the liquidation of their shares in the Fund. However, a portion of the distribution may represent an ordinary income dividend or a capital gain distribution.

For additional information about the liquidation shareholders of the Fund may call ALPS Distributors, Inc. at 877.526.9298 or go to the ALPS ETF Trust website: http://www.alpsfunds.com.

An investor should consider each ETF’s investment objectives, risks, charges and expenses of the ETFs carefully before investing. To obtain a prospectus containing this and other information, please call 877.526.9298 or visit alpsfunds.com. Read the prospectus carefully before investing.

About ALPS

A wholly owned subsidiary of DST Systems, Inc., headquartered in Denver with offices in Boston, New York, and Seattle, ALPS is a 26-year-old financial services firm focused on asset servicing and asset gathering. With more than 350 employees, over 200 clients, and an executive team that has been in place for over 17 years, ALPS continues to actively promote all of its various business segments, from asset servicing through ALPS Fund Services, Inc. to asset gathering through ALPS Distributors, Inc. and ALPS Advisors, Inc. As of March 31, 2012, the firm managed more than $5 billion in assets and provided servicing to more than $339 billion in client assets. For more information about ALPS and the services available, visit www.alpsinc.com. For additional information about ALPS products, visit www.alpsfunds.com.

DST Systems, Inc.

DST Systems, Inc. provides sophisticated information processing solutions and services to support the global asset management, insurance, retirement, brokerage, and healthcare industries. In addition to technology products and services, DST also provides integrated print and electronic statement and billing solutions through DST Output. DST’s world-class data centers provide technology infrastructure support for asset management, insurance and healthcare companies around the globe. Headquartered in Kansas City, MO., DST is a publicly traded company on the New York Stock Exchange.

Shares of ALPS ETF Trust Funds are distributed by ALPS Distributors, Inc.    

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