Crescent Point Energy Trust confirms December 2008 distribution


    CALGARY, Dec. 15 /CNW/ - Crescent Point Energy Trust ("Crescent Point" or
the "Trust") confirms that the cash distribution to be paid on January 15,
2009, in respect of December 2008 production, for unitholders of record on
December 31, 2008 will be $0.23 per trust unit. The ex-distribution date is
December 29, 2008.
    Crescent Point is also pleased to announce that it is reinstating its
DRIP, Premium DRIP and Optional Unit Purchase programs for unitholders of
record on December 31, 2008 with payments beginning January 15, 2009.
Unitholders interested in, but not already enrolled in, these programs should
contact their financial advisor or review the Crescent Point website.

    Crescent Point Energy Trust is a conventional oil and gas income trust
with assets strategically focused in properties comprised of high quality,
long life, operated, light oil and natural gas reserves in western Canada.CRESCENT POINT ENERGY TRUST

    Scott Saxberg,
    President and Chief Executive Officer

    Trust units of Crescent Point are traded on the Toronto Stock Exchange
    under the symbol CPG.UN.

For further information:

For further information: Crescent Point Energy Trust, c/o Crescent Point
Resources Inc., Trent Stangl, Vice President Marketing and Investor Relations,
Greg Tisdale, Chief Financial Officer, Telephone: (403) 693-0020, Telecopier:
(403) 693-0070, Toll-free (Canada & United States) 1-888-693-0020