Pengrowth reports that distributions paid in Canada during the 2009 calendar year were 100 percent taxable. Canadian beneficial unitholders who received distributions in 2009 outside an RRSP, RRIF or DPSP should receive a T3 Supplementary slip from their broker. Canadian registered unitholders will receive a T3 Supplementary slip from Computershare Trust Company of Canada. The deadline for issuance of T3 Supplementary slips is March 31, 2010. A copy of the 2009 Canadian Tax Letter can be found below. Please refer questions regarding the T3 slips directly to your brokerage.

2009 CANADIAN INCOME TAX INFORMATION        PDF 34 KB

This information is not exhaustive of all possible income tax considerations, but is a general guideline and is not intended to be legal or tax advice to any particular holder or potential holder of trust units. Holders or potential holders of trust units should consult their own legal and tax advisors as to their particular tax consequences of holding trust units.