PrimeWest Energy Trust Announces Distribution Level for February, 2005

CALGARY, ALBERTA--(CCNMatthews - Jan. 6, 2005) - PrimeWest Energy Trust 
(TSX:PWI.UN) (TSX:PWX) (TSX:PWI.DB.A) (TSX:PWI.DB.B) (NYSE:PWI) 
(PrimeWest) today announces that the distribution payable February 15th, 
2005 will be $0.30 Canadian per trust unit payable to all unitholders of 
record on January 20th, 2005. The ex-distribution date will be January 
18th, 2005. 

Using a U.S. dollar to Canadian dollar exchange ratio of 1.2375, this 
distribution amount would be approximately U.S $0.24 per unit. The 
actual U.S. dollar equivalent distribution will be based upon the actual 
U.S./Canadian exchange rate applied on the payment date net of 
applicable Canadian withholding taxes. 

PrimeWest is a Calgary-based conventional oil and gas royalty trust that 
actively acquires, develops, produces, and sells natural gas, crude oil, 
and natural gas liquids for the generation of monthly cash distributions 
to unitholders. Trust units of PrimeWest are traded on the Toronto Stock 
Exchange (TSX) under the symbol "PWI.UN" and on the New York Stock 
Exchange under the symbol "PWI". Exchangeable shares of PrimeWest Energy 
Inc. are listed on the TSX under the symbol "PWX". Five-year convertible 
debentures of PrimeWest trade on the TSX under the symbol "PWI.DB.A" and 
the seven-year convertible debentures trade under the symbol "PWI.DB.B".

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