Notes:
* Estimate only using a U.S./Canadian dollar exchange
ratio of 0.9515. The actual U.S. dollar equivalent distribution will be
based upon the actual U.S./Canadian exchange rate applied on the payment
date, net of applicable Canadian withholding taxes.
(1) two business days before record date. In exceptional
circumstances, Pengrowth may alter the normal ex-distribution date.
Unitholders are encouraged to verify the ex-distribution date pertaining to
a particular distribution through the press releases issued by Pengrowth.
(2) 10 business days before distribution date.
(3) five business days before ex-distribution date. Business day is defined
as a Calgary business day.
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