Paramount Energy Trust - Second Quarter Results Webcast and Conference Call - August 9, 2007

    CALGARY, Aug. 7 /CNW/ - Notification of Second Quarter Results Webcast
and Conference Call event:

    Paramount Energy Trust (TSX: PMT.UN.)
    Second Quarter Results Webcast and Conference Call
    August 9, 2007, 11:00 AM ET

    To listen to this Webcast event, please enter in
your web browser.

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through CNW Group, please visit our events calendar at CNW's webcast of earnings calls
is consistent with Market Regulation Services Inc. (RS) objectives of
providing investors with material information broadly and quickly.

For further information:

For further information: Paramount Energy Trust, Susan L. Riddell Rose,
President and Chief Executive Officer, (403) 269-4400; or Cameron R.
Sebastian, Vice President, Finance and Chief Financial Officer, (403)
269-4400; or Sue M. Showers, Investor Relations and Communications Advisor,
(403) 269-4400, (403) 269-6336 (FAX); or Paramount Energy Operating Corp.,
Administrator of Paramount Energy Trust, Suite 500, 630 - 4 Avenue SW,
Calgary, AB, T2P 0J9, Email:, Website:

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