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Standard & Poor's Announces Changes In S&P/TSX Canadian Energy Trust Index.

Date 11/11/2002

Standard & Poor's Canadian Index Operations announces the following index change effective after the close of business on Tuesday, November 12, 2002:

The relative weight of PrimeWest Energy Trust (TSX: PWI.UN) will increase by approximately 0.39% in the S&P/TSX Canadian Income Trust Index and by approximately 0.91% in the S&P/TSX Canadian Energy Trust Index. The relative weight change reflects an adjustment to the float trust units of the income trust due to the issuance of units pursuant to the terms of a prospectus dated November 5, 2002.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

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