AMENDMENT NO. 6 DATED DECEMBER 16, 2008 TO THE PROSHARES TRUST MANAGEMENT SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC SCHEDULE A TO THE MANAGEMENT SERVICES AGREEMENT BETWEEN PROSHARES TRUST AND...

Exhibit 28 h (1)

AMENDMENT NO. 6 DATED DECEMBER 16, 2008 TO THE PROSHARES TRUST MANAGEMENT

SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND

PROSHARE ADVISORS LLC

SCHEDULE A

TO THE MANAGEMENT SERVICES AGREEMENT

BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC

AS OF DECEMBER 16, 2008


NAME OF FUND	COMPENSATION
	(at Annual rate expressed as a percentage of average daily net assets of each Fund)⁽¹⁾
ProShares Ultra S&P500	0.10	%
ProShares Ultra MidCap400	0.10	%
ProShares Ultra Dow30	0.10	%
ProShares Ultra QQQ	0.10	%
ProShares Ultra Russell1000 Value	0.10	%
ProShares Ultra Russell1000 Growth	0.10	%
ProShares Ultra Xxxxxxx XxxXxx Value	0.10	%
ProShares Ultra Xxxxxxx MidCap Growth	0.10	%
ProShares Ultra Russell2000 Value	0.10	%
ProShares Ultra Russell2000 Growth	0.10	%
ProShares Ultra Basic Materials	0.10	%
ProShares Ultra Biotechnology	0.10	%
ProShares Ultra Consumer Goods	0.10	%
ProShares Ultra Consumer Services	0.10	%
ProShares Ultra Financials	0.10	%
ProShares Ultra Health Care	0.10	%
ProShares Ultra Industrials	0.10	%
ProShares Ultra Oil & Gas	0.10	%
ProShares Ultra Precious Metals	0.10	%
ProShares Ultra Real Estate	0.10	%
ProShares Ultra Semiconductors	0.10	%
ProShares Ultra Technology	0.10	%
ProShares Ultra Telecommunications	0.10	%
ProShares Ultra Utilities	0.10	%
ProShares Ultra Russell1000	0.10	%
ProShares Ultra Xxxxxxx XxxXxx	0.10	%
ProShares Ultra Russell2000	0.10	%
ProShares Ultra SmallCap600	0.10	%
ProShares Ultra MSCI Japan	0.10	%
ProShares Ultra MSCI Emerging Markets	0.10	%
ProShares Ultra MSCI EAFE	0.10	%
ProShares Ultra NASDAQ Biotechnology	0.10	%
ProShares Ultra Dow Xxxxx Select Telecommunications	0.10	%
ProShares Ultra FTSE/Xinhua China 25	0.10	%

¹	All fees are computed daily and paid monthly.


NAME OF FUND	COMPENSATION
	(at Annual rate expressed as a percentage of average daily net assets of each Fund)⁽¹⁾
ProShares Ultra Xxxxxx 7-10 Year Treasury	0.10	%
ProShares Ultra Xxxxxx 20+ Year Treasury	0.10	%
ProShares Ultra iBoxx $ Investment Grade	0.10	%
ProShares Ultra iBoxx $ High Yield	0.10	%
ProShares Ultra NASDAQ Composite	0.10	%
ProShares Ultra Xxxxxx Aggregate Bond	0.10	%
ProShares Ultra DJ Wilshire Total Market	0.10	%
ProShares Ultra Xxxxxxx 3000	0.10	%
ProShares Ultra MSCI Pacific ex-Japan	0.10	%
ProShares Ultra MSCI Latin America	0.10	%
ProShares Ultra MSCI Europe	0.10	%
ProShares Ultra MSCI BRIC	0.10	%
ProShares Ultra S&P Europe 350	0.10	%
ProShares Ultra MSCI Brazil	0.10	%
ProShares Ultra MSCI South Korea	0.10	%
ProShares Ultra MSCI Taiwan	0.10	%
ProShares Ultra MSCI Australia	0.10	%
ProShares Ultra MSCI Hong Kong	0.10	%
ProShares Ultra MSCI Mexico	0.10	%
ProShares Short S&P500	0.10	%
ProShares Short MidCap400	0.10	%
ProShares Short Dow30	0.10	%
ProShares Short QQQ	0.10	%
ProShares Short Russell2000	0.10	%
ProShares Short SmallCap600	0.10	%
ProShares Short Russell1000	0.10	%
ProShares Short Russell1000 Value	0.10	%
ProShares Short Russell1000 Growth	0.10	%
ProShares Xxxxx Xxxxxxx MidCap Value	0.10	%
ProShares Xxxxx Xxxxxxx XxxXxx Growth	0.10	%
ProShares Short Russell2000 Value	0.10	%
ProShares Short Russell2000 Growth	0.10	%
ProShares Short Basic Materials	0.10	%
ProShares Short Biotechnology	0.10	%
ProShares Short Consumer Goods	0.10	%
ProShares Short Consumer Services	0.10	%
ProShares Short Financials	0.10	%
ProShares Short Health Care	0.10	%
ProShares Short Industrials	0.10	%
ProShares Short Oil & Gas	0.10	%
ProShares Short Precious Metals	0.10	%
ProShares Short Real Estate	0.10	%
ProShares Short Semiconductors	0.10	%
ProShares Short Technology	0.10	%
ProShares Short Telecommunications	0.10	%
ProShares Short Utilities	0.10	%
ProShares Xxxxx Xxxxxxx MidCap	0.10	%
ProShares Short MSCI Japan	0.10	%


NAME OF FUND	COMPENSATION
	(at Annual rate expressed as a percentage of average daily net assets of each Fund)⁽¹⁾
ProShares Short MSCI Emerging Markets	0.10	%
ProShares Short MSCI EAFE	0.10	%
ProShares Short NASDAQ Biotechnology	0.10	%
ProShares Short Xxxxxx 7-10 Year Treasury	0.10	%
ProShares Short Xxxxxx 20+ Year Treasury	0.10	%
ProShares Short iBoxx $ Investment Grade	0.10	%
ProShares Short iBoxx $ High Yield	0.10	%
ProShares Short NASDAQ Composite	0.10	%
ProShares Short Xxxxxx Aggregate Bond	0.10	%
ProShares Short DJ Wilshire Total Market	0.10	%
ProShares Xxxxx Xxxxxxx 3000	0.10	%
ProShares Short MSCI Pacific ex-Japan	0.10	%
ProShares Short MSCI Latin America	0.10	%
ProShares Short MSCI Europe	0.10	%
ProShares Short MSCI BRIC	0.10	%
ProShares Short S&P Europe 350	0.10	%
ProShares Short MSCI Brazil	0.10	%
ProShares Short MSCI South Korea	0.10	%
ProShares Short MSCI Taiwan	0.10	%
ProShares Short MSCI Australia	0.10	%
ProShares Short MSCI Hong Kong	0.10	%
ProShares Short MSCI Mexico	0.10	%
ProShares UltraShort S&P500	0.10	%
ProShares UltraShort MidCap400	0.10	%
ProShares UltraShort Dow30	0.10	%
ProShares UltraShort QQQ	0.10	%
ProShares UltraShort Russell1000	0.10	%
ProShares UltraShort Russell2000	0.10	%
ProShares UltraShort SmallCap600	0.10	%
ProShares UltraShort Russell1000 Value	0.10	%
ProShares UltraShort Russell1000 Growth	0.10	%
ProShares UltraShort Xxxxxxx MidCap Value	0.10	%
ProShares UltraShort Xxxxxxx XxxXxx Growth	0.10	%
ProShares UltraShort Russell2000 Value	0.10	%
ProShares UltraShort Russell2000 Growth	0.10	%
ProShares UltraShort Basic Materials	0.10	%
ProShares UltraShort Biotechnology	0.10	%
ProShares UltraShort Consumer Goods	0.10	%
ProShares UltraShort Consumer Services	0.10	%
ProShares UltraShort Financials	0.10	%
ProShares UltraShort Health Care	0.10	%
ProShares UltraShort Industrials	0.10	%
ProShares UltraShort Oil & Gas	0.10	%
ProShares UltraShort Precious Metals	0.10	%
ProShares UltraShort Real Estate	0.10	%
ProShares UltraShort Semiconductors	0.10	%
ProShares UltraShort Technology	0.10	%
ProShares UltraShort Telecommunications	0.10	%


NAME OF FUND	COMPENSATION
	(at Annual rate expressed as a percentage of average daily net assets of each Fund)⁽¹⁾
ProShares UltraShort Utilities	0.10	%
ProShares UltraShort Xxxxxxx MidCap	0.10	%
ProShares UltraShort MSCI Japan	0.10	%
ProShares UltraShort MSCI Emerging Markets	0.10	%
ProShares UltraShort MSCI EAFE	0.10	%
ProShares UltraShort NASDAQ Biotechnology	0.10	%
ProShares UltraShort Dow Xxxxx Select Telecommunications	0.10	%
ProShares UltraShort FTSE/Xinhua China 25	0.10	%
ProShares UltraShort Xxxxxx 7-10 Year Treasury	0.10	%
ProShares UltraShort Xxxxxx 20+ Year Treasury	0.10	%
ProShares UltraShort iBoxx $ Investment Grade	0.10	%
ProShares UltraShort iBoxx $ High Yield	0.10	%
ProShares UltraShort NASDAQ Composite	0.10	%
ProShares UltraShort Xxxxxx Aggregate Bond	0.10	%
ProShares UltraShort DJ Wilshire Total Market	0.10	%
ProShares UltraShort Xxxxxxx 3000	0.10	%
ProShares UltraShort MSCI Pacific ex-Japan	0.10	%
ProShares UltraShort MSCI Latin America	0.10	%
ProShares UltraShort MSCI Europe	0.10	%
ProShares UltraShort MSCI BRIC	0.10	%
ProShares UltraShort S&P Europe 350	0.10	%
ProShares UltraShort MSCI Brazil	0.10	%
ProShares UltraShort MSCI South Korea	0.10	%
ProShares UltraShort MSCI Taiwan	0.10	%
ProShares UltraShort MSCI Australia	0.10	%
ProShares UltraShort MSCI Hong Kong	0.10	%
ProShares UltraShort MSCI Mexico	0.10	%
ProShares MSCI Latin America	0.10	%
ProShares Credit Xxxxxx 000/00	0.10	%
ProShares Mega S&P500	0.10	%
ProShares Mega QQQ	0.10	%
ProShares Mega Dow30	0.10	%
ProShares Mega Russell2000	0.10	%
ProShares Mega S&P400 MidCap	0.10	%
ProShares Mega MSCI EAFE	0.10	%
ProShares Mega 7-10 Year Treasury	0.10	%
ProShares Mega 20+ Year Treasury	0.10	%
ProShares Mega MSCI Emerging Markets	0.10	%
ProShares MegaShort S&P500	0.10	%
ProShares MegaShort QQQ	0.10	%
ProShares MegaShort Dow30	0.10	%
ProShares MegaShort Russell2000	0.10	%
ProShares MegaShort S&P400 MidCap	0.10	%
ProShares MegaShort MSCI EAFE	0.10	%
ProShares MegaShort 7-10 Year Treasury	0.10	%
ProShares MegaShort 20+ Year Treasury	0.10	%
ProShares MegaShort MSCI Emerging Markets	0.10	%


PROSHARE ADVISORS LLC, a Maryland limited liability company		PROSHARES TRUST, a Delaware statutory trust

By:	/s/ Xxxxxxx X. Xxxxx	By:	/s/ Xxxxx X. Xxxxxxx
	Xxxxxxx X. Xxxxx Chief Executive Officer		Xxxxx X. Xxxxxxx President

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AMENDMENT NO. 6 DATED DECEMBER 16, 2008 TO THE PROSHARES TRUST MANAGEMENT SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC SCHEDULE A TO THE MANAGEMENT SERVICES AGREEMENT BETWEEN PROSHARES TRUST AND...

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