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Penn West Energy Trust Confirms May Cash Distribution

May 20, 2010

CALGARY, ALBERTA--(May 20, 2010) - Penn West Energy Trust (TSX:PWT.UN) (NYSE:PWE) ("Penn West") confirms that its May 2010 cash distribution will be CDN$0.15 per trust unit payable on June 15, 2010 to unitholders of record on May 31, 2010. The ex-distribution date is May 27, 2010 for Canadian investors and May 26, 2010 for U.S. investors due to the U.S. Memorial Day holiday.

The CDN$0.15 per unit is equivalent to approximately US$0.145 per unit (before deduction of any applicable Canadian withholding tax) using currency exchange of one Canadian dollar equals US$1.035. 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.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.



FOR FURTHER INFORMATION PLEASE CONTACT:

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

 
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