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Penn West Energy Trust Confirms October Cash Distribution

Oct 20, 2010

CALGARY, ALBERTA--(Oct. 20, 2010) - Penn West Energy Trust (TSX:PWT.UN) (NYSE:PWE) ("Penn West") confirms that its October 2010 cash distribution will be CDN$0.09 per trust unit payable on November 15, 2010 to unitholders of record on October 29, 2010. The ex-distribution date is October 27, 2010.

The CDN$0.09 per unit is equivalent to approximately US$0.09 per unit (before deduction of any applicable Canadian withholding tax) using currency exchange of one Canadian dollar equals US$1.00. 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.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.



FOR FURTHER INFORMATION PLEASE CONTACT:

Penn West Energy Trust
Suite 200, 207 - 9th Avenue S.W.
Calgary, Alberta T2P 1K3
403-777-2500
403-777-2699 (FAX)
Toll Free: 1-866-693-2707
www.pennwest.com
or
Investor Relations:
Toll Free: 1-888-770-2633
investor_relations@pennwest.com
or
William Andrew
CEO
403-777-2502
bill.andrew@pennwest.com
or
Jason Fleury
Manager, Investor Relations
403-539-6343
jason.fleury@pennwest.com

 
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