NEW YORK, June 12 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))today announced that it has launched trading in two new exchange traded funds:Short Financials ProShares (Amex: SEF) and Short Oil & Gas ProShares(Amex: DDG) by ProShare Advisors LLC (ProShares). ProShares now offersinvestors a choice of 64 ETFs, all of which are listed on the Amex.

'The Amex is proud to support ProShares as they continue to grow theirdiverse family of ETFs,' said Scott Ebner, Senior Vice President of the AmexETF Marketplace. 'SEF and DDG provide short exposure to the financial andenergy sectors, respectively.'

SEF is designed to seek daily investment results that, before fees andexpenses, correspond to the inverse (opposite) of the daily performance of theDow Jones U.S. Financials(SM) Index which measures the performance of thefinancial services industry of the U.S. equity market.

DDG is designed to seek daily investment results that, before fees andexpenses, correspond to the inverse (opposite) of the daily performance of theDow Jones U.S. Oil & Gas(SM) Index which measures the performance of the oiland gas industry of the U.S. equity market.

Kellogg Capital Group, LLC is the specialist for SEF and DDG.

About the American Stock Exchange

The American Stock Exchange(R) (Amex(R)) offers trading across a fullrange of equities, options and exchange traded funds (ETFs), includingstructured products and HOLDRS(SM). In addition to its role as a nationalequities market, the Amex is the pioneer of the ETF, responsible for bringingthe first domestic product to market in 1993. Leading the industry in ETFlistings, the Amex lists 406 ETFs to date. The Amex is also one of the largestoptions exchanges in the U.S., trading options on broad-based and sectorindexes as well as domestic and foreign stocks. For more information, pleasevisit www.amex.com.

SOURCE American Stock Exchange