Pengrowth Energy Trust
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Pengrowth Energy Trust
Pengrowth Corporation

Pengrowth Corporation

June 21, 2005 10:46 ET

Pengrowth Energy Trust Confirms Cash Distribution for July 15, 2005

CALGARY, ALBERTA--(CCNMatthews - June 21, 2005) - Pengrowth Corporation
("Pengrowth"), administrator of Pengrowth Energy Trust ("Trust"), today
confirmed its July 15, 2005 cash distribution will be Cdn $0.23 per
trust unit. The distribution is net of amounts withheld to finance
capital expenditures. The ex-distribution date is June 28, 2005. The
distribution will be payable to all unitholders who hold Class A or
Class B trust units on the record date of June 30, 2005.

The distribution of Cdn $0.23 per trust unit is equivalent to
approximately U.S. $0.19 per trust unit using a U.S./Canadian dollar
exchange ratio of 1.2316. 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, 2005.
Cash distributions paid over the past 12 months now total Cdn $2.73 per
trust unit or approximately U.S. $2.20 per trust unit.

PENGROWTH CORPORATION

James S. Kinnear, President

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