Paramount Energy Trust - Third Quarter Results Webcast and Conference Call - November 9, 2007

    CALGARY, Nov. 8 /CNW/ - Notification of Third Quarter Results Webcast and
Conference Call event:

    Paramount Energy Trust (TSX: PMT.UN.)
    Third Quarter Results Webcast and Conference Call
    November 9, 2007, 11:30 AM ET

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

    For a complete listing of upcoming and archived webcasts available
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.
    To participate in the conference call please dial either 416-644-3422 or
800-595-8550. A replay of the conference call will be available on Friday
November 9th, 2007 at 1:30 PM ET until Friday November 16th, 2007 at 2:00 AM
ET. To participate in the replay please dial either 416-640-1917 or
877-289-8525 and enter the passcode 21251001 followed by the pound sign.

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 - 4th Avenue SW,
Calgary, AB, T2P 0J9, Email:, Website:

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