Pengrowth Energy Trust

Pengrowth Energy Trust

June 18, 2009 16:38 ET

Pengrowth Energy Trust Announces Cash Distribution For July 15, 2009

CALGARY, ALBERTA--(Marketwire - June 18, 2009) - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN) (NYSE:PGH), today announced its July 15, 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 June 25, 2009. The distribution will be payable to all Pengrowth unitholders who hold trust units on the record date of June 29, 2009.

The distribution of Cdn $0.10 per trust unit is equivalent to approximately U.S. $0.08831 per trust unit using a U.S./Canadian dollar exchange ratio of 0.8831. 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 May 2009. Cash distributions paid over the past 12 months now total Cdn $2.09 per trust unit or approximately U.S. $1.84 per trust unit.


James S. Kinnear, Chairman and Chief Executive Officer

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