Errico
President and Chief Executive Officer

Petrofund Energy Trust (TSX:PTF.ca

Petrofund Energy Trust is a Calgary based royalty trust that
acquires and manages producing oil and gas properties in Western
Canada.

This news release may include statements about expected future
events and/or financial results that are forward-looking in nature
and subject to risks and uncertainties .

PETROFUND ENERGY TRUST

Jeffery E. Errico

President and Chief Executive Officer

Petrofund Energy Trust (TSX:PTF.
* 2,006 limited edition Spalding All-Star basketballs , the same balls that
will be utilized during the All-Star Celebrity Game and All-Star
Saturday night events, will be available to fans at The NBA Store at Jam
Session.

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The AIF is also accessible
through Petrofund's website at www.
* 52 international television networks , radio networks and websites will
be on site in Houston.
* 41 countries will carry NBA TV and its wall-to-wall All-Star coverage.

Contains sites which concern the study and art of heraldry and heraldic coats of arms.

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Based
on an exchange rate of 1.2506 / US$1.00, the May distribution would
be US$0.

Petrofund Energy Trust is a Calgary based royalty trust that
acquires and manages producing oil and gas properties in Western
Canada. Future events and results may vary
substantially from what Petrofund Energy Trust currently foresees.

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86 per unit on
the Toronto Stock Exchange on May 4th, 2005.petrofund.
* More than 100 hours of All-Star-related coverage will air on NBA TV , the
league's 24-hour television network.
* 450,000 square-feet of interactive basketball activities at NBA All-Star
Jam Session.

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Registered unitholders will receive their distributions directly
from our transfer agent.

Petrofund's 12-month aggregate trailing distributions (May 2005
inclusive) are C$1.92 per unit, which represents a cash-on-cash yield
of 10.
* 10 high-definition cameras will cover the All-Star events, including the
East and West All -Star practices.

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News Editors

CALGARY, Alberta----Petrofund
Energy Trust (TSX:PTF.com
* More than 2.

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NEW YORK, NBA fans in a record 215 countries will
experience the drama and excitement of NBA All-Star 2006 in Houston (Feb.com during NBA
All-Star 2006.

NBA Marketing/Merchandising
* The NBA Store at NBA All-Star Jam Session will cover 12,000 square-feet
of retail space.

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This news release may include statements about expected future
events and/or financial results that are forward-looking in nature
and subject to risks and uncertainties.
* 55% of all visits to NBA.
* 30 camera crews will gather elements for NBATV, NBA and WNBA promos,
international specials, NBA Store, NBA special programming and NBA.

NBA Photos
* 8,000 new photographic images will be generated during NBA All -Star
2006.

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News Editors

CALGARY, Alberta----Petrofund Energy
Trust (TSX:PTF .S.

PETROFUND ENERGY TRUST

Jeffery E.
* 3 telecasters will be on-site for the first -time during NBA All-Star
2006, including LNK in Lithuania, TV4 in Macedonia and Five in the
United Kingdom.

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The Trust pays its Unitholders monthly cash distributions,
which are derived from the Trust's cash flow from these properties.
* NBA All-Star 2006 will be broadcast in 44 languages, including, among
others, Cantonese, Galician, Serbian, and Tagalog.

NBAE Production and Video
* 280,000 feet in video and high-definition tape will be shot by NBAE
camera crews.
* 21st year Turner Sports has featured NBA All-Star coverage and third
consecutive year the NBA All-Star Game will be televised in prime time.

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Private Securities
Litigation Reform Act of 1995. Future events and results may vary
substantially from what Petrofund Energy Trust currently foresees. The AIF contains additional details about
Petrofund, including its reserves, data and other oil and gas
information and reports for the year ended December 31, 2004 as
required under National Instrument 51-101.

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Petrofund Energy Trust was founded in 1988 and was one of the first
oil and gas royalty trusts in Canada.

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1279 per unit (before deduction of withholding taxes ).75% per year based on the closing price of $17.com.

armorial emblems

Petrofund Energy Trust cautions that
actual performance will be affected by a number of factors, many of
which are beyond its control.

Petrofund Energy Trust Confirms Filing of Annual Information Form

Petrofund Energy Trust cautions that
actual performance will be affected by a number of factors, many of
which are beyond its control.

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Discussion of the various factors that may affect future results is
contained in Petrofund Energy Trust's recent filings with the
Securities and Exchange Commission and Canadian securities regulatory
authorities .UN) (AMEX:PTF)

* 3,000 print and Internet media outlets will receive real-time digital
photos from NBA Photos.
* 25 NBA Entertainment still photographers will be on site.

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16 per unit. For those statements, we
claim the protection of the safe harbor for forward-looking
statements provisions contained in the U.com during NBA All-Star 2006 will come from NBA
fans living outside the United States with the highest concentration of
international visits coming from China, Canada, Taiwan, Hong Kong,
Spain, Australia, Philippines, Japan and France .com's
All-Star Game coverage.com will work
together to provide numerous daily updates and exclusive video content
on the events surrounding NBA All Star 2006.

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* 500 rolls of film will be used by NBA Entertainment photographers.

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UN) (AMEX:PTF)

Private Securities
Litigation Reform Act of 1995.
* 13 different live audio broadcasts on NBA.com will allow fans around the
world to hear the NBA All-Star Game in English, Spanish, Mandarin,
Cantonese, French, German, Greek, Hebrew, Lithuanian, Macedonian,
Tagalog, Polish and Portuguese .
* 8 NBA Entertainment-produced shows will be on site, including: NBA
Access with Ahmad Rashad, NBA Rescue, NBA Cares, NBA Inside Stuff, NBA
Jam, NBA Matchup, NBA All-Star Saturday Night, and NBA Action, and
segments will be produced for NBA TV programming and DV elements for
NBA.
* More than 1,000 NBA products are available to fans at The NBA Store at
NBA All-Star Jam Session.

380 heraldic

This distribution announcement is consistent with
the guidance provided in the press release dated April 6th, 2005.
* 103 telecasters will cover NBA All-Star 2006 enabling a worldwide
audience to experience the event.

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Non-registered unitholders will receive their distributions through
their brokers.

NBA All-Star 2006 To Reach Fans in Record 215 Countries Through NBA Television Internet Film and Digital Technologies

NBA Photos also will provide live digital
coverage posting of several hundred digital photos to the NBA Photos
Forum for use by the International media, teams and business partners of
the NBA.

NBA on TNT
* 35 high-definition cameras will be utilized by TNT to cover NBA All-Star
Saturday Night and the 55th annual NBA All-Star Game, along with 18 EVS-
XTHD networked high definition video servers.

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Petrofund Energy Trust was founded in 1988 and was one of the first
oil and gas royalty trusts in Canada.
* 9 new telecasters will broadcast NBA All-Star for the first time: Jak TV
in Indonesia, LNK and TV1 in Lithuania, TV4 in Macedonia, Sports+ in
Malta , TVC in Mexico, Sports Klub in Serbia-Montenegro, Cuatro in Spain
and MCTV in Uruguay.
* Leading up to and during NBA All-Star Week, TNT and NBA.

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Those with US addresses are paid in US
currency using the exchange rate in effect on the record date. For those statements, we
claim the protection of the safe harbor for forward-looking
statements provisions contained in the U. 15 -
19) and will be able to follow their favorite All-Stars and legends day-to-day
through NBA television , Internet, film and digital technologies.
* NBA TV Broadband on NBA.

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Petrofund Energy Trust Confirms Cash Distribution for May 2005

16 per unit May 16th, 2005 May 12th, 2005 May 31st, 2005
---------------------------------------------------------------------

Note: These dates apply to Petrofund units traded on both the TSX
and AMEX.UN) (AMEX:PTF) announces that it has filed its
Annual Information Form (AIF) for the year ended December 31, 2004 on
the System for Electronic Document Analysis and Retrieval (SEDAR) in
Canada, and has filed it as an exhibit to Petrofund's annual report on
Form 40-F for the year ended December 31, 2004, which was filed on the
Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system in
the United States. The Trust pays its Unitholders monthly cash distributions,
which are derived from the Trust's cash flow from these properties.S .
* 19 television and radio networks, both domestic and international, will
broadcast live with on-site commentary.6 million daily visitors will log on to NBA. TNT's coverage also will
include Cablecam, a helicopter for exterior shots and a bevy of other
high-tech equipment to document the world's best athletes as they take
center stage in Houston.
* More than 100,000 fans expected to come through the doors.

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The applicable dates for the May distribution are listed below:

---------------------------------------------------------------------
Distribution Record Date Ex-Distribution Date Payable Date
----------------------------------------- ----------------------------
C$0.
Discussion of the various factors that may affect future results is
contained in Petrofund Energy Trust's recent filings with the
Securities and Exchange Commission and Canadian securities regulatory
authorities.com, offering daily video highlights throughout
NBA All-Star 2006, will be seen by fans in 191 countries.

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UN) (AMEX:PTF) confirmed today a May cash distribution
of C$0.

Following is a look at NBA All-Star 2006 in Houston, by the numbers:

Global Reach
* 215 countries will televise coverage of NBA All-Star 2006.

NBA.

NBA All-Star Jam Session
* More than 20 NBA marketing partners will conduct events, launch
promotions and unveil new advertising during NBA All-Star 2006, the
most-ever in All-Star history.

Commercial services and retail sites are not listed here and should be submitted to Top: Society: Genealogy: Products and Services: Heraldry or to Top: Shopping: Recreation: Genealogy: Heraldry, as appropriate.