POWERSHARES GLOBAL FUNDS IRELAND PLC - Circ re Closure of Funds

To:  Shareholders of

PowerShares Global Water UCITS ETF (ISIN: IE00B23D9026)

PowerShares Global Clean Energy UCITS ETF (ISIN: IE00B23D9133)

PowerShares Global Agriculture UCITS ETF (ISIN: IE00B3BQ0418)

PowerShares Global Listed Private Equity UCITS ETF (ISIN: IE00B23D8Z06)

(the “Funds”)

Re:  Closure of the Funds

Dear Shareholder,

The Directors of Powershares Global Funds Ireland Public Limited Company (the “Company”) wish to inform you of their decision to close the Funds with effect from 22 March 2017 (the “Closure Date”) for the reasons set out below.

Background to the Decision

The Directors have discretion under the Company’s articles of association and the prospectus to redeem all of the shares of a sub-fund of the Company (the “Shares”) if the net asset value of that sub-fund is lower than USD350 million. The Directors, in consultation with Invesco Global Asset Management DAC (the “Manager”), have reviewed the Invesco PowerShares range and due to the size of the Funds and low levels of investor demand, have resolved to close the Funds in the best interests of shareholders.

Procedure for Closure

For primary market orders (Authorised Participants)

You can redeem your Shares in the Funds at the next available opportunity and in any event on or before 4.00 p.m. (GMT) 16 March 2017 (the “Final Dealing Day”). The Final Dealing Day will be the last day on which applications for redemptions in the Funds in the primary market may be made. The last day on which applications for subscriptions in the Funds in the primary market may be made is 9 March 2017.

For secondary market orders (on exchange, for NON Authorised Participants)

The Funds will be de-listed from the stock exchanges on which they are listed and the last day of trading of the Funds on those stock exchanges will be 20 March 2017 (the “Final Trading Day”).

As the Directors are keen to close the Funds in the most expedient and cost efficient manner, PLEASE NOTE THAT:

1. if you have not sold your Shares in the Fund on or before the Final Trading Day and you remain registered as a shareholder in any of the Funds as at the Closure Date; OR
2. if you have not validly applied for redemption of your Shares on or before the Final Dealing Day and you remain registered as a shareholder in any of the Funds as at the Closure Date,

your Shares in the Fund will be compulsorily redeemed at the net asset value per Share as of the Closure Date and the net redemption proceeds will be sent to you in accordance with the redemption procedures set out in the prospectus. The expected settlement date is 5 April 2017.

Please note that following this notice of closure and before the Closure Date, the Funds may experience significant redemptions and as a result the ability to meet the investment objective of each Fund may be compromised with a resulting increase of the tracking error in the Funds.

All costs associated with the closure of the Funds will be borne by the Manager. All other normal operating and transaction costs will continue to be borne by the Funds and its shareholders.

Further Information for the Secondary Market Investors

The purchase and sale of the Shares of the Funds on the secondary market takes place through the relevant stock exchange via a member firm or stockbroker and is not a subscription or redemption of Shares with the Funds. Investors on the secondary market who wish to avoid having their Shares compulsorily redeemed should consider selling their Shares on a relevant stock exchange on or before the Final Trading Day. No proceeds resulting from any compulsory redemption of the Shares shall be payable by the Company directly to any persons other than those persons listed in the Company’s register of shareholders as at the Closure Date.

Please note that, investors buying and selling Shares through a broker or a market maker/Authorised Participant and/or investors who hold Shares through a nominee and/or clearing agent, may not appear in the Company’s register of shareholders.  Such investors should deal directly with the relevant broker, market maker/Authorised Participant, nominee or clearing agent (as relevant) in respect of their investment. Investors should contact their stockbroker, bank manager, legal adviser, accountant or other independent financial advisor if they have any questions regarding the implications of the closure of the Funds. You should seek tax advice if you are in any doubt regarding the tax implications of the closure of the Funds under the laws of your country of residence, domicile or incorporation.

In addition, if you have any queries on the closure of the Funds, please do not hesitate to contact Invesco PowerShares on info@invescopowershares.net or 0044 (0) 20 7065 3897, or your usual Invesco PowerShares representative.