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Harvest Energy Trust Confirms January 17th, 2005 Distribution

Dec 16, 2004 - 09:00 ET

CALGARY, ALBERTA--(CCNMatthews - Dec. 16, 2004) - Harvest Energy Trust 
(TSX:HTE.UN) ("Harvest") today announces that a cash distribution of 
$0.20 per trust unit will be paid on January 17th, 2005 to Unitholders 
of record on December 31st, 2004. Harvest trust units are expected to 
commence trading on an ex-distribution basis on December 29th, 2004. 
This distribution amount represents Distributable Cash earned in the 
month of December 2004. 

Harvest Energy Trust is a Calgary-based energy trust actively managed 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 trust units are traded on the Toronto 
Stock Exchange (TSX) under the symbol "HTE.UN". Please visit Harvest's 
website at www.harvestenergy.ca for additional corporate information and 
recent corporate presentations.

-30-


FOR FURTHER INFORMATION PLEASE CONTACT:

Harvest Energy Trust
Jacob Roorda
President
(403) 265-1178 or Toll Free: (866) 666-1178

or

Harvest Energy Trust
David Rain
Vice President & CFO
(403) 265-1178 or Toll Free: (866) 666-1178

or

Harvest Energy Trust
Cindy Gray
Investor Relations & Communications Advis
or

(403) 265-1178 or Toll Free: (866) 666-1178
(403) 265-3490 (FAX)
Email: gray@harvestenergy.ca

or

Harvest Energy Trust
Corporate Head Office
1900, 330 - 5th Avenue S.W.
Calgary, AB Canada T2P 0L4
Email: information@harvestenergy.ca
Website: www.harvestenergy.ca