Precision Drilling Trust First Quarter 2006 Earnings Conference Call and Webcast

CALGARY, April 12 /CNW/ - Precision Drilling Trust ("Precision") intends
to release its First Quarter 2006 results at approximately 5:00 a.m. MT (7:00
a.m. ET) on Wednesday, April 26, 2006 and has scheduled a conference call and
webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.

      Wednesday, April 26, 2006 at 12:00 Noon MT (2:00 p.m. ET)
  Conference call dial in number is 1-800-814-4861 or 416-644-3418

A live webcast of the conference call will be accessible on Precision's
website at www.precisiondrilling.com by selecting "Investor Relations", then
"Webcast".
An archived recording of the conference call will be available
approximately one hour after the completion of the call until May 3, 2006 by
dialing 1-877-289-8525 or 416-640-1917, passcode 21184628 followed by the
number sign.
Precision Drilling Trust is Canada's largest energy services trust.
Headquartered in Calgary, Alberta, it is the leading provider of contract
drilling services to the Canadian oil and gas industry. Precision provides
customers with access to an extensive fleet of contract drilling rigs, service
rigs, camps, snubbing units and rental equipment backed by a comprehensive mix
of technical support services and skilled experienced personnel.
Precision Drilling Trust is listed on the Toronto Stock Exchange under
the trading symbol "PD.UN" and in U.S. dollars "PD.U" and on the New York
Stock Exchange under the trading symbol "PDS".

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