FOR IMMEDIATE RELEASE - CALGARY, ALBERTA – MAY 17, 2010
BAYTEX ENERGY TRUST CONFIRMS MONTHLY DISTRIBUTION FOR MAY AT $0.18 PER
CALGARY, ALBERTA (May 17, 2010) - Baytex Energy Trust (“Baytex”) (TSX: BTE.UN; NYSE: BTE)
announces that a cash distribution of $0.18 per trust unit in respect of May operations will be paid on June 15,
2010 to unitholders of record on May 31, 2010. The ex-distribution date is May 27, 2010.
The U.S. dollar equivalent distribution amount is approximately US$0.1740 per trust unit assuming a U.S. to
Canadian dollar exchange rate of 0.9667. The actual U.S. dollar equivalent distribution for unitholders who hold
through a brokerage firm will be based on the exchange rate in effect on the payment date and net of applicable
Canadian withholding taxes. Registered unitholders are paid directly by Baytex’s transfer agent, Valiant Trust
Company, and the actual U.S. dollar equivalent distribution will be based on the exchange rate in effect on the
record date and net of applicable Canadian withholding taxes.
The annualized distribution of $2.16 represents a cash-on-cash yield of approximately 6.8% based on the closing
price of Baytex trust units of $31.76 on the TSX on May 14, 2010.
Baytex Energy Trust is a conventional oil and gas income trust focused on maintaining its production and asset
base through internal property development and delivering consistent returns to its unitholders. Baytex’s trust units
are traded on the Toronto Stock Exchange under the symbol BTE.UN and on the New York Stock Exchange
under the symbol BTE.
All dollar amounts in this press release are Canadian dollars unless otherwise identified.
For further information, please contact:
Baytex Energy Trust
Toll Free Number: 1-800-524-5521
Anthony Marino, President and CEO
Telephone: (403) 267-0708
Derek Aylesworth, Chief Financial Officer
Telephone: (403) 538-3639
Brian Ector, Director of Investor Relations