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EnerVest Diversified Income Trust Announces November 2009 Distribution


EnerVest Diversified Income Trust ("EnerVest" or "the Fund") (TSX:EIT.UN) is pleased to announce the November distribution of $0.10 per unit. The record date for this distribution is November 30, 2009 and the payment date will be December 15, 2009. The ex-distribution date for this payment is November 26, 2009.

About the Distribution

EnerVest's objective is to deliver a consistent, high yield monthly cash distribution from a portfolio of income-generating and capital growth oriented securities. EnerVest reviews the distribution on a regular basis and remains confident with the sustainability of the existing distribution level. EnerVest believes that the current yield of 10% of market price, along with the prospect of capital appreciation, provides a very attractive investment return for unitholders.

Portfolio Update Conference Call - Tuesday, November 24, 2009

EnerVest Management along with Cypress Capital Management, the Portfolio Manager of the Fund, will be providing investors with an update on the EnerVest portfolio, the Fund's performance and the Fund's preparation towards the new tax regime for income trusts in 2011. Details of the call are as follows:  

Date: Tuesday, November 24, 2009

Time: 9:00 am MST (11:00 pm EST)

Call in number: 1-866-225-0198 or 1-416-340-8061

Webcast: A link to the webcast will be available at

An archived recording of the call will be available from approximately one hour after the call until midnight December 1, 2009 by dialing 1-800-408-3053 or 1-416-695-5800 and entering the replay access code 3057058 followed by the pound (#) sign.

About EnerVest

The Fund is Canada's largest, most liquid, diversified closed-end investment fund. The Fund is listed on the TSX under the symbol EIT.UN and is an actively managed, diversified portfolio of income-generating and capital growth oriented securities, listed primarily on the TSX, 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 and its affiliates (the "Administrator") 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.