Paramount Energy Trust Announces Change to Senior Management

Related Quotes

Symbol	Price	Change
PMT-DB.TO	100.00	0.00

{"s" : "pmt-db.to,pmt-dba.to,pmt-dbb.to,pmt-dbc.to,pmt-un.to","k" : "c10,l10,p20,t10","o" : "","j" : ""}

CALGARY, ALBERTA--(MARKET WIRE)--Jan 9, 2009 -- Paramount Energy Trust ("PET" or the "Trust") (Toronto:PMT-UN.TO - News) announces that Mr. Tim Granger, Vice President, Asset Optimization and Chief Operating Officer, has resigned effective January 13, 2009 in order to assume the position of President and Chief Executive Officer at an intermediate oil and gas company. PET would like to take this opportunity to thank Mr. Granger for his contribution over the past several months and wish him well in his future endeavours.

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

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

     Contacts:
     Paramount Energy Trust
     Sue Riddell Rose
     President and Chief Executive Officer
     (403) 269-4400
      
     Paramount Energy Trust
     Cam Sebastian
     Vice President, Finance and Chief Financial Officer
     (403) 269-4400
      
     Paramount Energy Trust
     Sue Showers
     Investor Relations and Communications Advisor
     (403) 269-4400
     (403) 269-4444 (FAX)
      
     Paramount Energy Operating Corp.,
     Administrator of Paramount Energy Trust
     Suite 3200, 605 - 5 Avenue SW  Calgary, Alberta T2P 3H5
     Email: info@paramountenergy.com
     Website: http://www.paramountenergy.com