Precision Drilling CorporationTSX: PD

Precision Drilling Trust to present at the 9th Annual Whistler Institutional Investor Conference

· Issued by Precision Drilling Corporation via CNW
CALGARY, Feb. 10 /CNW/ - Precision Drilling Trust ("Precision") will be
presenting at the CIBC World Markets' 9th Annual Whistler Institutional
Investor Conference, which will be held in Whistler, British Columbia, Canada.
Mr. Gene Stahl, President & Chief Operating Officer of Precision Drilling
Corporation is scheduled to present at approximately 9:10 a.m. Pacific time on
Friday, February 17, 2006. The presentation will include information
concerning Precision's 2005 performance, and its 2006 strategy and outlook.
A live webcast of the audio and a copy of the presentation will be
accessible from Precision's website at www.precisiondrilling.com by selecting
Investor Relations, then Webcast. Shortly after the live webcast, an archived
version of the webcast will be available for approximately 90 days.

Precision Drilling Trust is Canada's largest energy services trust.
Headquartered in Calgary, Alberta, Precision is the leading provider of
contract drilling services to the Canadian oil and gas industry. Precision
provides customers with access to an extensive fleet of drilling and service
rigs backed by a comprehensive mix of support services utilizing skilled and
experienced personnel.
Precision is listed on the Toronto Stock Exchange under the trading
symbol "PD.UN" and in U.S. dollars "PD.U" and on the New York Stock Exchange
under the trading symbol "PDS".
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