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PERPETUAL ENERGY INC. ADVISES ON 2010 U.S. INDIVIDUAL SHAREHOLDER INCOME TAX REPORTING

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^{Published in Stocks and Investing on Wednesday, February 23rd 2011 at 13:05 GMT by Market Wire}  

 2010 Summary of U.S. Tax Information ------------------------------------ 

 2010 CASH DISTRIBUTION/DIVIDEND INFORMATION FOR U.S. SHAREHOLDERS ($/UNIT or $/SHARE) ------------------------------------------------------------------------- Cash Cash Taxable Distribution/ Distribution/ Qualified Record Payment Dividend Conversion Dividend Dividend Date Date ($ Cdn) Rate(1) ($ U.S.) ($ U.S.) ------------------------------------------------------------------------- Dec 31, 2009 Jan 15, 2010 0.05 0.9721 0.0486 0.049 Jan 22, 2010 Feb 15, 2010 0.05 0.9542 0.0477 0.048 Feb 23, 2010 Mar 17, 2010 0.05 0.9788 0.0489 0.049 Mar 22, 2010 April 15, 2010 0.05 0.9986 0.0499 0.050 April 22, 2010 May 17, 2010 0.05 0.9611 0.0481 0.048 May 25, 2010 June 15, 2010 0.05 0.9720 0.0486 0.049 June 22, 2010 July 15, 2010 0.05 0.9613 0.0481 0.048 July 20, 2010 Aug 16, 2010 0.05 0.9586 0.0479 0.048 Aug 19, 2010 Sept 15, 2010 0.05 0.9726 0.0486 0.049 Sept 20, 2010 Oct 15, 2010 0.05 0.9893 0.0494 0.049 Oct 20, 2010 Nov 15, 2010 0.05 0.9935 0.0497 0.050 Nov 18, 2010 Dec 15, 2010 0.03 0.9965 0.0299 0.030 ------------------------------------------- ------------------------------------------- TOTAL 0.58 0.57 0.57(2) ------------------------------------------- ------------------------------------------- (1) Bank of Canada noon rate on date of payment (2) Columns may not add due to rounding Forward-looking Information ---------------------------