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ALPS ETF Trust to liquidate two ETFs


ALPS ETF Trust has announced the scheduled liquidation of the Jefferies | TR/J CRB Global Agriculture Equity Index Fund (CRBA) and Jefferies | TR/J CRB Global Industrial Metals Equity Index Fund (CRBI). The Funds will close to new investors on 22 December, 2011 and will liquidate on 28 December, 2011.

ALPS ETF Trust’s Board of Trustees’ decision was made after consultation with ALPS Advisors, Inc., the investment advisor to the funds.

The Board considered current market conditions as well as prospects for growth in the Funds’ assets in the foreseeable future. The Board determined that it was advisable and in the best interests of the Funds and their shareholders to liquidate the Funds, which are listed for trading on NYSE Arca, Inc.

Thursday, 22 December, 2011, is scheduled to be the last day of trading for the shares of the Funds on NYSE Arca. Beginning immediately through 27 December, 2011, the Funds will be in the process of closing down and liquidating their portfolios. This process will result in the Funds not tracking their underlying indexes and their cash holdings increasing, which may not be consistent with the Funds’ investment objectives and strategies.

From 23 December, 2011 to 27 December, 2011, 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 Funds. Any person holding shares in the Funds as of the liquidation date of 28 December, 2011 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 Funds. However, a portion of the distribution may represent an ordinary income dividend or a capital gain distribution.

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