Roll Dates

Roll Dates are projected and subject to change without notice. Roll Dates are the expected dates on which the composition of the Benchmark Futures Contract is changed or ''rolled'' by selling the near month contract and buying the next month contract. The change occurs over four days.

Roll Start	Roll End
November 1, 2011	November 4, 2011
December 1, 2011	December 6, 2011
January 3, 2012	January 6, 2012
January 31, 2012	February 3, 2012
March 1, 2012	March 6, 2012
March 30, 2012	April 4, 2012
May 2, 2012	May 7, 2012
May 31, 2012	June 5, 2012
July 2, 2012	July 6, 2012
August 2, 2012	August 7, 2012
August 30, 2012	September 5, 2012
October 2, 2012	October 5, 2012
November 1, 2012	November 6, 2012
November 30, 2012	December 5, 2012

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For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here .

BNO is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

Commodities and futures generally are volatile and are not suitable for all investors. BNO is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in BNO. Funds that focus on a single sector generally experience greater volatility.

For further discussion of these and additional risks associated with an investment in BNO units, click here.

BNO could terminate at any time and cause the liquidation of your investment which may upset the overall maturity and timing of your investment portfolio. An unanticipated number of redemption requests during a short period of time could have an adverse effect on the NAV of BNO.

BNO may not earn trading gains sufficient to compensate for the fees and expenses that it must pay, and as such, it may not earn any profit. You should not invest in BNO if you will need cash distributions from BNO to pay taxes on your share of income and gains of BNO, if any, or for any other reason.

Investing in BNO subjects you to the risks of the crude oil industry. These risks could result in large fluctuations in the price of BNO's units. An investor could lose all or substantially all of his/her investment.

The price of units may not accurately track the spot price of brent oil and you may not be able to effectively use BNO as a way to hedge the risk of losses in your crude oil-related transactions or as a way to indirectly invest in crude oil.

Investors buy and sell units in the secondary market (i.e., not directly from BNO). Only "authorized purchasers" may trade directly with BNO, in minimum blocks of 100,000 units.

The United States Brent Oil Fund, LP is distributed by ALPS Distributors, Inc.