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

ALPS ETF Trust's Board of Trustees decision was made after consultation with ALPS Advisors, 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, 27 April, 2012, is scheduled to be the last day of trading for the shares of the Fund on NYSE Arca. Beginning immediately through 1 May, 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 30 April, 2012 to 1 May, 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 2 May, 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.