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Harvest Energy Trust Confirms September 15th, 2003 Cash Distribution Of $0.20 Per Unit

Aug 20, 2003 - 11:11 ET

CALGARY, ALBERTA--Harvest Energy Trust ("Harvest") announces that 
a cash distribution of $0.20 per trust unit will be paid on 
September 15th, 2003 to Unitholders of record on August 29th, 
2003.  Harvest trust units are expected to commence trading on an 
ex-distribution basis on August 27th, 2003.  This distribution 
amount represents Distributable Cash earned in the month of 
August 2003. 

Harvest Energy Trust is a Calgary based oil and natural gas trust 
that strives to deliver stable monthly cash distributions to its 
Unitholders through its strategy of acquiring, enhancing and 
producing crude oil, natural gas and natural gas liquids.  
Harvest's assets, comprised of high quality medium and heavy 
gravity crude oil properties in East Central Alberta, and its 
hands-on operating strategy underpin Harvest's objective to 
deliver consistent returns to Unitholders.   

ADVISORY: Certain information regarding Harvest Energy Trust and 
Harvest Operations Corp. including management's assessment of 
future plans and operations, may constitute forward-looking 
statements under applicable securities law and necessarily 
involve risks associated with oil and gas exploration, 
production, marketing and transportation such as loss of market, 
volatility of prices, currency fluctuations, imprecision of 
reserve estimates, environmental risks, competition from other 
producers and ability to access sufficient capital from internal 
and external sources; as a consequence, actual results may differ 
materially from those anticipated in the forward-looking 



Harvest Energy Trust
Jacob Roorda
(403) 265-1178
(403) 265-3490 (FAX)


Harvest Energy Trust
David M. Fisher
Vice President, Finance
(403) 265-1178
(403) 265-3490 (FAX)