Pengrowth Energy Trust

Pengrowth Energy Trust
Pengrowth Corporation

Pengrowth Corporation

May 19, 2006 17:37 ET

Pengrowth Energy Trust Confirms Cash Distribution for June 15, 2006

CALGARY, ALBERTA--(CCNMatthews - May 19, 2006) - Pengrowth Corporation, administrator of Pengrowth Energy Trust, (TSX:PGF.A) (TSX:PGF.B) (NYSE:PGH) today confirmed its June 15, 2006 cash distribution will be Cdn $0.25 per trust unit. The distribution is net of amounts withheld to finance capital expenditures. The ex-distribution date is May 30, 2006. The distribution will be payable to all unitholders who hold Class A or Class B trust units on the record date of June 1, 2006.

The distribution of Cdn $0.25 per trust unit is equivalent to approximately U.S. $0.23 per trust unit using a U.S./Canadian dollar exchange ratio of 1.1111. The actual U.S. dollar equivalent distribution will be based upon the actual U.S./Canadian exchange rate applied on the payment date, net of applicable Canadian withholding taxes. This distribution relates to the production month of April, 2006. Cash distributions paid over the past 12 months now total Cdn $2.90 per trust unit or approximately U.S. $2.50 per trust unit.


James S. Kinnear, President

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