Penn West Energy Trust announces August cash distribution

    PENN WEST ENERGY TRUST (TSX - PWT.UN; NYSE - PWE) is pleased to confirm
    cash distributions for August 2007

    CALGARY, Aug. 21 /CNW/ - Penn West Energy Trust ("Penn West") confirms
that its August 2007 cash distribution will be CDN$0.34 per trust unit payable
on September 14, 2007 to unitholders of record on August 31, 2007. The
ex-distribution date is August 29, 2007.
    The CDN$0.34 per unit is equivalent to approximately US$0.32 per unit
(before deduction of any applicable Canadian withholding tax), using a current
U.S./Canadian exchange ratio of 0.94. Registered unitholders with U.S.
addresses will receive their distributions directly from our transfer agent,
and will be paid in U.S. currency using the exchange rate in effect on the
record date. Non-registered U.S. unitholders will receive their distributions
through their brokers.

    Penn West Energy Trust is a senior oil and natural gas energy trust based
in Calgary, Alberta that trades on the Toronto Stock Exchange under the symbol
PWT.UN and on the New York Stock Exchange under the symbol PWE.

    %SEDAR: 00022266E          %CIK: 0001334388

For further information:

For further information: PENN WEST ENERGY TRUST, Suite 2200, 425 - First
Street S.W., Calgary, Alberta, T2P 3L8, Phone: (403) 777-2500, Toll-free:
1-866-693-2707, Fax: (403) 777-2699, Website:; Investor
Relations: Phone: 1-888-770-2633, E-mail:,
William Andrew, President and CEO, Phone: (403) 777-2502

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