Pengrowth Energy Trust

Pengrowth Energy Trust

July 22, 2009 16:30 ET

Pengrowth Energy Trust Announces Cash Distribution for August 17, 2009

CALGARY, ALBERTA--(Marketwire - July 22, 2009) - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN)(NYSE:PGH), today announced its August 17, 2009 cash distribution will be Cdn $0.10 per trust unit. The distribution is net of amounts withheld to partially finance capital expenditures and preserve financial flexibility. The ex-distribution date is July 29, 2009. The distribution will be payable to all Pengrowth unitholders who hold trust units on the record date of July 31, 2009.

The distribution of Cdn $0.10 per trust unit is equivalent to approximately U.S. $0.09037 per trust unit using a U.S./Canadian dollar exchange ratio of 0.9037. 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 June 2009. Cash distributions paid over the past 12 months now total Cdn $1.96 per trust unit or approximately U.S. $1.71 per trust unit.


James S. Kinnear, Chairman and Chief Executive Officer

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