LETTER AGREEMENT

Exhibit (h) 1.2

LETTER AGREEMENT

▇▇▇▇▇▇▇ Fund Services Company

▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇

18^th Floor

Seattle, WA 98101

Re: Administrative Agreement

This Letter Agreement relates to the Administrative Agreement between ▇▇▇▇▇▇▇ Exchange Traded Funds Trust (“RET”) and ▇▇▇▇▇▇▇ Fund Services Company (“RFSC”) dated April 15, 2011 (the “Administrative Agreement”). RET advises you that it is creating nine new funds each listed in Appendix A (the “New Funds”) and that New Funds desires RFSC to provide administrative services to it pursuant to the terms and conditions of the Administrative Agreement. Section 5 of the Administrative Agreement is hereby amended to include the New Funds, each with an annual administrative fee of .0275% of average daily net assets, payable as set forth in that Section.

Please indicate your acceptance to act as Administrator to the New Funds by executing this letter agreement and returning it to the undersigned.

Sincerely,

▇▇▇▇▇▇▇ EXCHANGE TRADED FUNDS TRUST

By:		/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
		▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
		President and Chief Executive Officer

Accepted this 31st day of August.

▇▇▇▇▇▇▇ FUND SERVICES COMPANY

By:		/s/ ▇▇▇▇ ▇▇▇▇▇▇▇
		▇▇▇▇ ▇. ▇▇▇▇▇▇▇
		Director

Exhibit (h) 1.2

APPENDIX A

▇▇▇▇▇▇▇ ▇▇▇▇▇ Cap Consistent Growth ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇ Cap Low P/E ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇ Cap Contrarian ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇ Cap Aggressive Growth ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ex-U.S. High Momentum ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ex-U.S. High Beta ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ex-U.S. Low Beta ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ex-U.S. High Volatility ETF

▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ex-U.S. Low Volatility ETF