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Press release from Marketwire

Penn West Energy Trust Confirms October Cash Distribution

Wednesday, October 20, 2010

Penn West Energy Trust Confirms October Cash Distribution17:44 EDT Wednesday, October 20, 2010CALGARY, ALBERTA--(Marketwire - Oct. 20, 2010) - Penn West Energy Trust (TSX:PWT.UN) (NYSE:PWE) ("Penn West") confirms that its October 2010 cash distribution will be CDN$0.09 per trust unit payable on November 15, 2010 to unitholders of record on October 29, 2010. The ex-distribution date is October 27, 2010. The CDN$0.09 per unit is equivalent to approximately US$0.09 per unit (before deduction of any applicable Canadian withholding tax) using currency exchange of one Canadian dollar equals US$1.00. Registered unitholders with U.S. addresses will receive their distributions directly from Penn West's 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 trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.FOR FURTHER INFORMATION PLEASE CONTACT: Penn West Energy Trust Suite 200, 207 - 9th Avenue S.W. Calgary, Alberta T2P 1K3 403-777-2500 403-777-2699(FAX) Toll Free: 1-866-693-2707 www.pennwest.com or Investor Relations: Toll Free: 1-888-770-2633 investor_relations@pennwest.com or William Andrew CEO 403-777-2502 bill.andrew@pennwest.com or Jason Fleury Manager, Investor Relations 403-539-6343 jason.fleury@pennwest.com