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BAYTEX ENERGY TRUST: Baytex Energy Trust Announces Increase to Exchangeable Share Ratio

Tue, 4 Jul 2006 13:30:00 PDT

CALGARY, ALBERTA (MARKET WIRE) Baytex Energy Trust (TSX: BTE.UN) (NYSE: BTE) is pleased to announce the increase to the Exchange Ratio of the Exchangeable Shares of Baytex Energy Ltd. from 1.44424 to 1.45548. This increase will be effective on July 17, 2006.

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