Provident Energy Announces January 2006 Cash Distribution.

CALGARY, Alberta -- Provident Energy Trust (TSX:PVE PVE,
n an abbreviation for prosthetic valve endocarditis. See endocarditis, infective. .UN) (NYSE NYSE

See: New York Stock Exchange :PVX) (Provident) today announced its January cash distribution will be CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $0.12 per unit payable on February 15, 2006. January's distribution is consistent with the monthly distributions paid to unitholders since November 2003.

January's distribution will be paid to unitholders of record on January 23, 2006. The ex-distribution date will be January 19, 2006. For unitholders receiving their distribution in U.S. funds, the January 2006 cash distribution will be approximately US$0.10 per unit based on an exchange rate of 0.8553. The actual U.S. dollar distribution will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.

Provident Energy Trust is a Calgary-based, open-ended energy income trust that owns and manages an oil and gas production business and a natural gas liquids midstream services and marketing business. Provident's energy portfolio is located in some of the most stable and predictable producing regions in Western Canada, Southern California and Wyoming. Provident provides monthly cash distributions to its unitholders and trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbols PVE.UN and PVX, respectively.

Provident Energy Trust (TSX:PVE.UN) (NYSE:PVX)

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Publication:	Business Wire
Geographic Code:	1CANA
Date:	Jan 10, 2006
Words:	211
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