Vermilion Energy Trust Announces $0.19 Cash Distribution
for June 15, 2010 Payment Date and Exchangeable Share Ratio Increase
CALGARY, Alberta--(BUSINESS WIRE)--May 17, 2010--Vermilion Energy Trust (VET.UN – TSX) is
pleased to announce the cash distribution of $0.19 per trust unit payable on June 15, 2010 to all unitholders of
record on May 31, 2010. The ex-distribution date for this payment is May 27, 2010. Vermilion has paid
cumulative distributions per unit totalling $15.37 since inception as a Trust in January 2003.
Exchangeable Share Ratio Information
Upon conversion to a Trust in January 2003, some holders of shares in the predecessor company,
Vermilion Resources Ltd., opted to hold exchangeable shares in place of Vermilion Energy Trust
units. The following information applies only to those exchangeable shareholders and does not affect
Vermilion Energy Trust unitholders.
The increase to the Exchange Ratio of the Exchangeable Shares of Vermilion Resources Ltd. will be from
1.84112 to 1.85132. Details used in the calculation of the Exchange ratio can be found on our website at
http://www.vermilionenergy.com/ir/exchangeableshares.cfm or by contacting Vermilion’s Investor Relations
Department at (403) 269-4884.
The increase will be effective on May 17, 2010. A “Notice of Retraction” must be received by Computershare
by May 20, 2010 to receive this exchange ratio. All notices received after this date will receive the exchange ratio
to be determined on June 15, 2010. A holder of Vermilion Resources Ltd. Exchangeable Shares can exchange
all or a portion of their holdings at any time for Vermilion Trust Units by completing a Retraction Request form.
You can obtain a copy by contacting Computershare Trust Company of Canada at (403) 267-6894.
Vermilion is an oil leveraged producer that adheres to a value creation strategy through the execution of full cycle
exploration and production programs focused on the acquisition, exploration, development and optimization of