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info
will do, " said Rey Ramsey, chief executive officer.
Living Cities is an investor collaborative of 15 major financial
institutions, foundations, and government agencies that have invested more
than $370 million to rejuvenate city neighborhoods throughout the nation. tax rules, which permit the
deduction of Crown royalties and accounting-based depletion.

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LouisianaRebuilds." Blanco added that
LouisianaRebuilds . Residents without Internet access can also
sign up for the registry by calling 1-888-Road2La.DB . In the
case of a U.

Investors who do not qualify as residents of Canada for income
tax purposes should seek advice from a qualified tax advisor in their
country of residence regarding the tax treatment of the distributions
paid by PrimeWest. In the
case of the Canada - United States Tax Convention, U.

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The state-of-the-art site features content and links to
resources both in the state and around the country and is a one-stop
compilation of information related to rebuilding and planning.info includes regularly updated information about:

-- Individual neighborhoods , parish, and statewide rebuilding efforts,
affordable housing, transportation, schools , and health care;

-- Help for business owners and entrepreneurs;

-- Pending legislation, policy issues, and voting; and

-- Community resources and funding opportunities for nonprofits. Casey Foundation's Making Connections
Initiative on the portal steering committee , Brown recognizes the needs that
displaced residents have for such a one-stop information resource .
One Economy Corporation is the national nonprofit organization that uses
technology to connect low-income people to information and tools that help
them improve their lives.
Exchangeable shares of PrimeWest Energy Inc.A" and the seven-year
convertible debentures trade under the symbol "PWI .

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(AXA
Community Investment Program, Bank of America, The Annie E.

PrimeWest Energy Trust Announces Distribution Taxability for 2004

S.

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B) (NYSE:PWI)
(PrimeWest) today announces the taxability breakdown for distributions
paid to unitholders in 2004.

Canadian Unitholders:

As announced previously on December 8th, 2004, unitholders were
paid total distributions of $3.315 Canadian per trust unit .295 as opposed to distributions paid of $3.315. However, the level of withholding tax
may be reduced in accordance with reciprocal tax treaties.

PrimeWest Energy Trust (NYSE:PWI) (TSX:PWI.

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Casey Foundation,
J.DB.

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High Tech State of the Art Web Portal as 'First Stop on the Way Home' For Displaced Louisiana Residents and Businesses



LouisianaRebuilds. Morgan Chase + Company, Deutsche Bank, Fannie Mae Foundation, Ford
Foundation, Robert Wood Johnson Foundation, John S. Five-year convertible debentures of PrimeWest
trade on the TSX under the symbol "PWI.DB.

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Trust units of PrimeWest are
traded on the Toronto Stock Exchange (TSX) under the symbol "PWI.

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"We are excited and proud to be part of this effort," said Louisiana
Governor Kathleen Babineaux Blanco.
LouisianaRebuilds.info would be the entry point to the state's new housing
assistance registry, The Road Home. For tax
filing purposes, unitholders should report total distributions
declared of $3.primewestenergy.DB.

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info is seamless.

News Editors

CALGARY, Alberta----PrimeWest Energy
Trust (TSX:PWI.UN) (TSX:PWX )
(TSX:PWI.

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, Finding information about jobs,
affordable housing, reviving a business, voting, and social services for
displaced residents, businesses, government agencies, and nonprofit
organizations starts with http://www. "In addition to the information that
residents, business owners, nonprofits , and government workers will find when
they enter the portal," said Angela Glover Blackwell, founder and CEO of
PolicyLink, "the portal also is a place for them to share their stories and to
speak out about their needs. MacArthur Foundation, The McKnight
Foundation, Metropolitan Life Insurance Company, Prudential Financial, The
Rockefeller Foundation, and the United States Department of Housing + Urban
Development)
PolicyLink is a national research and action organization that works in
partnership with others organizations to advance policies to achieve economic
and social equity .

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"The thousands of Louisiana residents who
have been uprooted need a reliable, secure, and accessible source for
information to help them make important decisions about their futures. Representing the Annie E.A) (TSX:PWI.

Topics of interest to Asian Indians living around the world.

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Living Cities , the national investor collaborative, provided the initial
funding for the portal because of its importance in providing information
crucial to recovery. The portal was built by New Orleans-based Carrollton Technology
Partners.DB.

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info. Knowledge
really is power, and the Living Cities investors , by supporting the portal,
are enabling the residents of Louisiana to rebuild their communities, " said
Reese Fayde, Living Cities' chief executive officer.
The Louisiana Recovery Authority is the planning and coordinating body
that was created in the aftermath of hurricanes Katrina and Rita by Governor
Kathleen Babineaux Blanco to plan for the recovery and rebuilding of
Louisiana .P. and Catherine T.UN"
and on the New York Stock Exchange under the symbol "PWI".

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"Since Katrina, it's been hard to find a source for reliable information
in one place," said Kysha Brown Robinson, a New Orleans resident who evacuated
first to relatives in Georgia, then moved to Illinois , and finally moved back
home. Day-to-day portal oversight is the responsibility of the One
Economy Corporation. The
company has determined that 45% of distributions declared, or $1.S. are listed on the TSX
under the symbol "PWX".

residence indians

The Louisiana
Recovery Authority, in partnership with several national and local
organizations, today announced the web portal as the "first stop on the way
home " for the hundreds of thousands who have been displaced by hurricanes
Katrina and Rita. The portal thus becomes a virtual supportive
community for residents to share, 'on the way home'."

Innovative Intermedia -- the Colorado-based interactive media agency owned
by the former lead project manager for the development of the post-9/11 site
LowerManhattan.81 per Trust Unit is taxable to Canadian unitholders as "other
income" (taxed at the same rate as interest income).

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We seek to help low-income people use
technology to build better lives and that's exactly what LouisianRebuilds.

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Offline
resources are in development to bring the same rich portal content to
residents without Internet access. The portal solves
the problem by connecting you to all the information you're seeking ," said
Robinson. "There is nothing worse than not knowing.S.

For further information on taxability of distributions paid by
PrimeWest, please refer to the Taxation section of our website at
www .DB.

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United States and Other Non-Resident Unitholders:

For Unitholders resident in the United States, the taxability of
distributions is derived using U. resident, 45% of the distributions are taxable as a
"qualified dividend" with the remaining 55% treated as a tax-deferred
return of capital.

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BATON ROUGE, La. "It's hard
to separate rumor from fact when you're far away from home.UN) (TSX:PWX) (TSX:PWI.48
per trust unit is deemed a tax-deferred return of capital and 55% or
$1. Monthly distributions payable to non-residents of
Canada are normally subject to a withholding tax of 25% as prescribed
by the Canadian Income Tax Act.A) (TSX:PWI.

resident curriculums

info-provided consulting and overall design and branding of the
site. "The synergy between our mission and the goals of
LouisianaRebuilds .


B".B)


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info is that source.
The national organization PolicyLink, known for its efforts to insure that
the wisdom, voice, and experience of local constituencies are part of
conversations about policies that support economic and social equity, has
guided the development of the portal. Knight
Foundation, John D. residents are
subject to a 15% withholding tax on the distributions paid by
PrimeWest.

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and James L.com

PrimeWest is a Calgary-based conventional oil and gas royalty
trust that actively acquires, develops, produces, and sells natural
gas, crude oil, and natural gas liquids for the generation of monthly
cash distributions to unitholders.

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