Paramount Energy Trust Files Annual Information Form and Form 40-F for the Year Ended December 31, 2007


    CALGARY, March 12 /CNW/ - Paramount Energy Trust (TSX:PMT.UN)
its Annual Information Form ("AIF") for the year ended December 31, 2007 with
the Canadian securities regulatory authorities on the System for Electronic
Document Analysis and Retrieval ("SEDAR") in Canada, and has filed its Form
40-F (which includes the AIF as an exhibit) with the U.S. Securities and
Exchange Commission on the Electronic Data Gathering, Analysis and Retrieval
("EDGAR") system in the United States. The AIF contains the statements and
reports relating to reserves data and other oil and gas information as
required by National Instrument 51-101 of the Canadian Securities
Administrators ("NI 51-101").
    An electronic copy of the AIF may be obtained on PET's profile at and a copy of PET's Form 40-F may be obtained on PET's profile
at Both documents will be made available on PET's
website at

    Paramount Energy Trust is a natural gas-focused Canadian energy trust.
PET's Trust Units and Convertible Debentures are listed on the Toronto Stock
Exchange under the symbols "PMT.UN", "PMT.DB", "PMT.DB.A", "PMT.DB.B" and
"PMT.DB.C", respectively. Further information with respect to PET can be found
at its website at

    The Toronto Stock Exchange has neither approved nor disapproved the
    information contained herein.

For further information:

For further information: Paramount Energy Trust, Susan L. Riddell Rose,
President and Chief Executive Officer, (403) 269-4400; or Paramount Energy
Trust, Cameron R. Sebastian, Vice President, Finance and Chief Financial
Officer, (403) 269-4400; or Paramount Energy Trust, Sue M. Showers, Investor
Relations and Communications Advisor, (403) 269-4400, (403) 269-4444 (FAX); or
Paramount Energy Operating Corp, administrator of Paramount Energy Trust,
Suite 3200, 605 - 5 Avenue SW, Calgary, Alberta, T2P 3H5, Email:, Website:

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