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Penn West Energy Trust: Penn West Energy Trust Confirms May Cash Distribution

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^{Published in Business and Finance on Thursday, May 21st 2009 at 11:56 GMT, Last Modified on 2009-11-02 12:01:30 by Market Wire}  

CALGARY, ALBERTA--(Marketwire - May 21, 2009) - Penn West Energy Trust (TSX:PWT.UN) (NYSE:PWE) ("Penn West") confirms that its May 2009 cash distribution will be CDN$0.15 per trust unit payable on June 15, 2009 to unitholders of record on May 29, 2009. The ex-distribution date is May 27, 2009.

The CDN$0.15 per unit is equivalent to approximately US$0.13 per unit (before deduction of any applicable Canadian withholding tax) using currency exchange of one Canadian dollar equals US$0.85. Registered unitholders with U.S. addresses will receive their distributions directly from Penn West's transfer agent, and will be paid in U.S. currency using the exchange rate in effect on the record date. Non-registered U.S. unitholders will receive their distributions through their brokers.

Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.