Daylight Energy Trust
TSX : DAY.UN

Daylight Energy Trust

September 08, 2005 18:12 ET

Daylight Energy Trust Announces October 17, 2005 Cash Distribution Amount

CALGARY, ALBERTA--(CCNMatthews - Sept. 8, 2005) - Daylight Energy Trust (TSX:DAY.UN) ("Daylight") announces that the cash distribution to be paid on October 17, 2005, for unitholders of record on September 30, 2005 will be $0.12 per trust unit. The ex-distribution date is expected to be September 28, 2005.

Daylight has established its Distribution Reinvestment and Optional Trust Unit Purchase Plan (the DRIP Plan) for eligible unitholders of the Trust. Daylight received all necessary regulatory approvals, effective July 27, 2005, in respect of its DRIP Plan. The DRIP Plan is available for the current distribution. Unitholders who wish to participate in the DRIP Plan must send a properly completed enrolment form to Valiant Trust Company no later than five (5) business days prior to a distribution record date.

The DRIP plan is presently available to Canadian registered holders. Non-residents of Canada, including residents of the United States, may not participate in the DRIP Plan. Residents of the United States may not participate in the DRIP Plan, as Daylight is not a registrant with the United States Securities and Exchange Commission. No commissions, service charges or brokerage fees are payable by participants in connection with the purchase of additional trust units under the DRIP Plan.

Detailed information about the DRIP Plan can be obtained from the Daylight website at www.daylightenergy.ca. Information and enrolment forms are also available from Valiant Trust Company at 310, 606 - 4th Street S.W., Calgary, Alberta, T2P 1T1, Attention: Manager, Income Trusts (403) 233-2801 or facsimile: (403) 233-2857.

Daylight is a natural gas weighted energy trust, committed to maintaining its emphasis on building value through the exploration and development of high quality gas properties. Daylight Energy Trust is a Calgary-based open-ended unincorporated investment trust with a natural gas weighted high quality property base, extensive prospect inventory and a large undeveloped land base. Daylight's properties are focused in the high potential areas of the Peace River Arch and West Central Alberta and expanding into our new East 5 area. Daylight has approximately 45.6 million trust units and 1.7 million exchangeable shares currently outstanding.

ADVISORY: Certain information regarding Daylight Energy Trust including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

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