NAL Oil & Gas Trust

NAL Oil & Gas Trust

March 12, 2008 11:08 ET

NAL Oil & Gas Trust Announces April Distribution to Unitholders

CALGARY, ALBERTA--(Marketwire - March 12, 2008) - NAL Oil & Gas Trust (the "Trust") (TSX:NAE.UN) will pay a distribution of $0.16 per unit on April 15, 2008, to Unitholders of record on March 25, 2008. The units will begin trading ex-distribution on March 20, 2008.

Trailing cash distributions for the past 12 months total $1.92 per unit, representing a 14.4% cash-on-cash yield based on the March 11, 2008 closing unit price of $13.31.

NAL Oil & Gas is an open-end investment trust that generates distributions through the acquisition, development, production and marketing of oil, natural gas and natural gas liquids. The Trust owns high quality assets in Alberta, Saskatchewan and Ontario. Trust units trade on the Toronto Stock Exchange under the symbol "NAE.UN".

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