Argent Energy Trust confirms August 2013 distribution

CNW Group

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

CALGARY , Aug. 19, 2013 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) today announced that the cash distribution to be paid on September 23, 2013 , in respect of the period from and including August 1 to August 31, 2013 , for unitholders of record on August 30, 2013 will be $0.0875 per trust unit. The ex-distribution date is August 28, 2013 .

The annualized distribution of $1.05 per trust unit represents a cash-on-cash yield of approximately 10.32% based on the closing price of the trust units on the Toronto Stock Exchange on August 19, 2013 of $10.17 1.

Argent is a mutual fund trust under the Income Tax Act ( Canada ). Argent's objective is to create stable, consistent returns for investors through the acquisition and development of oil and natural gas reserves and production with low risk exploration potential, located primarily in the United States . Material information pertaining to Argent Energy Trust may be found on www.sedar.com or www.argentenergytrust.com.

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Unlike fixed income securities, Argent has no obligation to distribute any fixed amount and reductions in, or suspension of, cash distributions may occur that would reduce future yield.

SOURCE: Argent Energy Trust

Contact:

Brian Prokop   
Co-Chief Executive Officer and President   
Argent Energy Trust   
(403) 770-4807   

Sean Bovingdon
Chief Financial Officer
Argent Energy Trust
(403) 770-4803

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