PrimeWest Energy Trust Announces Distribution Level for September 2005

AUG 3, 2005 - 16:10 ET

CALGARY, ALBERTA--(CCNMatthews - Aug. 3, 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 September 15, 2005 will be $0.30 Canadian per Trust Unit. The ex-distribution date is August 19, 2005 and the record date is August 23, 2005.

Using a US dollar to Canadian dollar exchange rate of 1.215, the distribution amount would be approximately US$0.25 per Trust Unit. The actual US dollar equivalent distribution will be based upon the actual US/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".

FOR FURTHER INFORMATION PLEASE CONTACT:

PrimeWest Energy Trust
George Kesteven
Manager, Investor Relations
(403) 699-7367 or Toll-free: 1-877-968-7878

or

PrimeWest Energy Trust
Diane Zuber
Investor Relations Advisor
(403) 699-7356 or Toll-free: 1-877-968-7878
Email: investor@primewestenergy.com
Website: www.primewestenergy.com