CALGARY, June 13 /CNW/ - Vermilion Energy Trust (VET.UN - TSX) is pleased
to announce the cash distribution of $0.19 per trust unit payable on July 15,
2008 to all unitholders of record on June 30, 2008. The ex-distribution date
for this payment is June 26, 2008. Vermilion has paid cumulative distributions
per unit totalling $11.00 since inception as a Trust in January 2003.
Exchangeable Share Ratio Information
Upon conversion to a Trust in January 2003, some holders of shares in the
predecessor company, Vermilion Resources Ltd., opted to hold exchangeable
shares in place of Vermilion Energy Trust units. The following information
applies only to those exchangeable shareholders and does not affect Vermilion
Energy Trust unitholders.
The increase to the Exchange Ratio of the Exchangeable Shares of
Vermilion Resources Ltd. will be from 1.59633 to 1.60362. Details used in the
calculation of the Exchange ratio can be found on our website at
http://www.vermilionenergy.com/exchangeable_shares.html or by contacting
Vermilion's Investor Relations Department at (403) 269-4884.
The increase will be effective on June 13, 2008. A "Notice of Retraction"
must be received by Computershare by June 19, 2008 to receive this exchange
ratio. All notices received after this date will receive the exchange ratio to
be determined on July 15, 2008. A holder of Vermilion Resources Ltd.
Exchangeable Shares can exchange all or a portion of their holdings at any
time for Vermilion Trust Units by completing a Retraction Request form. You
can obtain a copy by contacting Computershare Trust Company of Canada at (403)
%SEDAR: 00018945E %CIK: 0001293135
For further information:
For further information: Paul Beique, Director Investor Relations, 2800,
400 - 4th Avenue S.W., Calgary, Alberta, T2P 0J4, Phone: (403) 269-4884, Fax:
(403) 264-6306, IR Toll Free: 1-866-895-8101, www.vermilionenergy.com