Peyto Energy Trust announces cash distributions for May 13, 2005

TSX SYMBOL:  PEY.UN

CALGARY, April 19 /CNW/ - Peyto Energy Trust ("Peyto") confirms that the
monthly distribution with respect to April 2005 of $0.22 per trust unit is to
be paid on May 13, 2005, for unitholders of record on April 29, 2005. The   
ex-distribution date is April 27, 2005.
Peyto has a Distribution Reinvestment Plan ("DRIP") that provides
eligible unitholders the advantage of accumulating additional Peyto trust
units, at a 5% discount to market, by reinvesting their cash distributions.
Unitholders who wish to participate in the DRIP must send a properly completed
enrolment form to Valiant Trust Company no later than five (5) business days
prior to a distribution record date.
Detailed information about the DRIP and enrolment forms can be obtained
from the Peyto website at www.peyto.com or from Valiant Trust Company at  
310, 606 - 4th Street S.W., Calgary, Alberta, T2P 1T1, Attention: Manager,
Income Trusts, (403) 233-2801 or facsimile (403) 233-2857.

Currently, Peyto has 48.4 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 and the Trust'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 and the
Trust'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 and the Trust 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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