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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: kingfisher who wrote (2859)3/15/2002 3:08:05 PM
From: J-R  Read Replies (2) of 11633
 
PWI to hold distrib level..

JR

PrimeWest Energy Trust maintains monthly
distribution level at 10 cents

14:31 EST Friday, March 15, 2002

CALGARY, March 15 /CNW/ - (TSE: PWI.UN;
PWX) - PrimeWest Energy Trust (PrimeWest)
today confirms a cash distribution of 10 cents per trust unit for March 2002. The
distribution will be paid on April 15, 2002, to all unitholders of record on March 31, 2002.
The ex-distribution date is March 27, 2002. This level of distribution represents a 17.5%
cash-on-cash yield based on March 14th's closing price of $6.85.

Including the regular 10 cent per unit distribution payable in April., PrimeWest will have
paid a total of $2.01 per trust unit during the previous 12-month period (May 2001
through April; 2002), and $8.08 per trust unit since inception in October 1996. Guidance
regarding distribution levels for the second quarter of 2002 will be provided in April.
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