PrimeWest Energy Trust Announces Distribution Level for March 2006

FEB 7, 2006 - 16:12 ET

CALGARY, ALBERTA--(CCNMatthews - Feb. 7, 2006) - 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 March 15, 2006 will be $0.36 Canadian per Trust Unit. The ex-distribution date is February 17, 2006 and the record date is February 22, 2006.

Using a Canadian to U.S. dollar exchange rate of 0.8694, the distribution amount is approximately U.S.$0.31 per Trust Unit. The actual U.S. dollar equivalent distribution will be based upon the U.S./Canadian exchange rate in effect 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".

To learn more about PrimeWest, please visit our website at www.primewestenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

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