Investing in Community Energy

Each year, Pengrowth makes substantial investments in the communities where we operate. Although many of the costs are attributed to Pengrowth Management Limited, Pengrowth Energy Trust unitholders benefit through the visibility associated with these vital partnerships. At Pengrowth, we work hard to be a good neighbour. We work hard to build meaningful and lasting relationships with community groups and agencies. In the coming year, we will continue to evaluate and prioritize existing and new opportunities that reflect out corporate culture and Pengrowth’s spirit of entrepreneurship and community involvement.

Here is an overview of some of the major corporate partnerships that Pengrowth Management Limited or Pengrowth Corporation currently supports:

	The Banff Centre and the Kinnear Centre for Innovation and Creativity as a globally respected arts, cultural, educational and leadership development facility, The Banff Centre provides training, education and skills and leadership development to artists and mid- to senior level leaders and decision-makers in their fields. In 2007, Pengrowth Chairman, President and Chief Executive Officer James S. Kinnear and the Friends of Pengrowth announced a $10 million contribution to build this new, state-of-the-art leadership development and educational facility.
	Calgary Health Trust For the past 16 years, we have partnered with the Glencoe Golf and Country Club to host the Pengrowth Rockyview Invitational Golf Tournament – one of Canada’s largest, single day fundraising golf events. Funding from this event is invested in leading-edge health care equipment that improves the delivery of service and diagnosis for people throughout southern Alberta. To date, this event has raised more than $7 million for the Rockyview General Hospital.
	Canadian Open The Canadian Open is the second oldest stop on the PGA Tour and the third oldest national championship in the world. Pengrowth Management Limited has been involved with the Open since 2001 and was proud to be a Premier Partner of this event in 2007. As a result of the efforts of James S. Kinnear, the Tour received significant national attention and now has a new title sponsor that will contribute to the restoration of this wonderful national tournament on the international stage. In recognition of his efforts, the Royal Canadian Golf Association honoured him with a Distinguished Service Award in early 2008.
	Democracy 250 In 2007, Pengrowth stepped forward to support efforts already underway to celebrate the 250th anniversary of the first parliamentary democracy in what is now Canada. The General Assembly met for the first time in Halifax in October 1758 and this meeting served as a starting point in the evolution of democracy in Nova Scotia and Canada. In addition to helping celebrate important Canadian history, Democracy 250 is designed to engage youth and encourage them to become involved in the democratic process. .
	H.E.R.O.S. (Hockey Education Reaching Out Society) The premise of H.E.R.O.S. is to use the game of hockey as a catalyst to attract youth to a program offering support for education, self-esteem building and life skills training. The program focuses on boys and girls of diverse ethnicities from economically challenged neighbourhoods. The program is conducted in an environment of fun and safety where each child is considered to be a HERO. Originally started in Vancouver, H.E.R.O.S. is now helping and reaching out to youth in Toronto, Calgary and Edmonton. .
	Kids Cancer Care Foundation of Alberta This organization’s mission is to help young people affected by cancer – and their families – survive and thrive in body, mind and spirit. They support premium care, childhood cancer research initiatives and the delivery of safe, quality camps for young people and their families. With a vision of “a cure for every child, care for every family,” the Kids Cancer Care Foundation of Alberta is one of a handful of North American charities that supports the entire continuum of childhood cancer, fighting the disease on several fronts: laughter at camp, the best treatments at the hospital, innovative science in the lab and by providing brighter futures with postsecondary education scholarships.
	Pengrowth - Nova Scotia Energy Scholarship Program This unique scholarship fund was created in honour of the Pengrowth’s involvement in the province of Nova Scotia. Pengrowth has joined with the Government of Nova Scotia to award scholarships to students who pursue careers in the energy sector. To date, Pengrowth has invested a total of $2 million and the province has donated an additional $1 million to the fund. This program has awarded scholarships to 62 students since its inception. This partnership has also created the new Pengrowth-Nova Scotia Professorship in Petroleum Financial Management, which will help to foster leading edge financial and economic research in petroleum related projects.
	Pengrowth Saddledome Since 2000, Pengrowth Management Limited has been the name sponsor of this unique landmark. In addition to being home to the Calgary Flames, Calgary Hitmen and the Calgary Roughnecks, the Pengrowth Saddledome has become Calgary’s leading sports and entertainment facility and our sponsorship benefits countless charities and minor sports organizations.
	YMCA Growing Strong Together Community Campaign Pengrowth was pleased to honour a pledge originally made by Esprit Energy Trust to help build the YMCA’s new northeast Calgary facility. Once completed, this new facility will serve the diverse needs of 10,000 area children and families as a place where they can come to be healthy, learn and volunteer.

In addition to these major corporate partnerships, we invest significant funds in local or community not-for-profit groups. Often, these partnerships are identified by our field-based team members, and are funded by our local operations. Each partnership – big and small – is important. To submit a request for funding, either submit your request to the local Pengrowth field office for review and consideration, or send it to:

Shawn Howard
Director, Public & Government Affairs
Pengrowth Management Limited
2900, 240 – 4 Avenue SW
Calgary, AB
T2P 4H4

or email to: communityinvestments@pengrowth.com