Peyto Energy Trust announces cash distributions for June 15, 2005

TSX SYMBOL: PEY.UN

CALGARY, May 19 /CNW/ - Peyto Energy Trust ("Peyto") confirms that the
monthly distribution with respect to May 2005 of $0.12 per trust unit is to be
paid on June 15, 2005, for unitholders of record on May 31, 2005. The ex-
distribution date is May 27, 2005. The monthly distribution of $0.12 per unit
reflects the recently approved 2 for 1 trust unit split as well as the
previously announced distribution increase from $0.22 to $0.24 per trust unit
on a pre-split basis.
Subsequent to the trust unit split, Peyto will have 96.8 million trust
units outstanding. Peyto Energy Trust is a natural gas weighted energy trust.
Peyto is committed to maintaining its emphasis on building value through the
exploration and development of high quality gas properties.

Certain information set forth in this document, including management's
assessment of Peyto's future plans and operations, contains forward-looking
statements. By their nature, forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond these parties'
control, including the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations, imprecision
of reserve estimates, environmental risks, competition from other industry
participants, the lack of availability of qualified personnel or management,
stock market volatility and ability to access sufficient capital from internal
and external sources. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance should not
be placed on forward-looking statements. Peyto's actual results, performance
or achievement could differ materially from those expressed in, or implied by,
these forward-looking statements and, accordingly, no assurance can be given
that any of the events anticipated by the forward-looking statements will
transpire or occur, or if any of them do so, what benefits that Peyto will
derive therefrom. Peyto disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.

The Toronto Stock Exchange has neither approved nor disapproved the
information contained herein.
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