CALGARY, May 4 /CNW/ - A conference call will be held with the senior management of Peyto to answer questions with respect to the 2006 first quarter results on Thursday, May 11th, 2006 at 9:00 a.m. Mountain Daylight Time (MDT), 11:00 a.m. Eastern Daylight Time (EDT). To participate, please call 1-800-366-7449 for all participants. The conference call will also be available on replay by calling 1-416-640-1917 (Toronto area) or 1-877-289-8525 for all other parties, using passcode 21188333 followed by the pound key. The conference call will also be archived on the Peyto Energy Trust website http://www.peyto.com. The conference call can also be accessed through the internet at http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID(equal sign)1475320 for the English version or http://www.cnw.ca/fr/webcast/viewEvent.cgi?eventID(equal sign)1475320 for the French version. Note that a webcast of the presentation and question and answer portion of the Peyto Energy Trust Annual General meeting on May 16th will be made. More information for this event can be found on the Peyto website. 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. %SEDAR: 00019597E