Pengrowth Energy Trust

Pengrowth Energy Trust
Pengrowth Corporation

Pengrowth Corporation

May 20, 2005 11:55 ET

Pengrowth Energy Trust Confirms Cash Distribution for June 15, 2005

CALGARY, ALBERTA--(CCNMatthews - May 20, 2005) - Pengrowth Corporation
("Pengrowth"), administrator of Pengrowth Energy Trust ("Trust"), today
confirmed its June 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 May 27, 2005 for U.S. unitholders and May 30, 2005 for
Canadian unitholders. The distribution will be payable to all unitholders who
hold Class A or Class B trust units on the record date of June 1, 2005.

The distribution of Cdn $0.23 per trust unit is equivalent to approximately U.S.
$0.18 per trust unit using a U.S./Canadian dollar exchange ratio of 1.2635. 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
April, 2005. Cash distributions paid over the past 12 months now total Cdn $2.71
per trust unit or approximately U.S. $2.16 per trust unit.


James S. Kinnear, President

Contact Information