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EnerVest Diversified Income Trust Announces March 2009 Distribution

CALGARY, ALBERTA--(Marketwire - March 19, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

EnerVest Diversified Income Trust ("EnerVest" or "the Fund") (TSX:EIT.UN), today announced the March distribution of $0.05 per unit. The record date for this distribution is March 31, 2009 and the payment date will be April 15, 2009.

The Fund reminds Unitholders to submit their proxies for the March 26, 2009 Special Meeting called to approve elements of the EnerVest Value Enhancement Plan. Designed to benefit Unitholders over the longer term, the Plan is an integrated set of initiatives designed to:

  • Enhance the Fund's investment portfolio and its management;
  • Maintain the financial strength, flexibility and sustainability of the Fund; and
  • Improve service and communication to Unitholders and their Advisors.

For additional details on the EnerVest Value Enhancement Plan and the Special Meeting, please visit www.enervest.com.

About the Fund

EnerVest Diversified Income Trust (the ''Fund'') is Canada's largest, most liquid, diversified, closed-end investment fund. The Fund is listed on the Toronto Stock Exchange under the symbol EIT.UN and is an actively managed, diversified portfolio of income-generating and capital growth oriented securities, listed primarily on the Toronto Stock Exchange, designed to maximize distributions and Net Asset Value for the benefit of its Unitholders.

Certain statements included in this news release constitute forward-looking statements. The forward-looking statements are not historical facts but reflect EnerVest Management Ltd.'s (the "Administrator") and its affiliates current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Administrator believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Administrator undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.