Eagle Energy Trust Postpones Special Meeting of Unitholders to December 15, 2014 - Seite 2

Proxy Soliciting Agents

Eagle will retain a soliciting dealer group consisting of members of the Investment Industry Regulatory Organization of Canada to solicit voting instructions from Eagle's Unitholders in Canada. Eagle has also retained Georgeson as a proxy solicitor.

Passage of the special resolution will not affect Eagle's ability to continue to actively acquire, operate and exploit United States oil and gas production and reserves.

Details regarding the proposed amendment, special meeting and voting process are provided in Eagle's Management Proxy Circular dated October 20, 2014, which is available on Eagle's website at www.eagleenergytrust.com, under Eagle's issuer profile at www.sedar.com and was sent to Eagle's unitholders.

Voting Instructions

Regardless of how many Eagle units you own, it is important that you vote. We encourage unitholders to vote their units using the control number found on their voting instruction form by no later than 3:00 p.m. (Mountain Standard time) on December 11, 2014.

If you have already voted your units, you do not need to do anything further. Votes that were already submitted in respect of the meeting will continue to be valid at the postponed meeting to be held on December 15, 2014.

Unitholders who require voting assistance or require proxy materials should immediately contact Eagle's proxy solicitor, Georgeson, toll-free in North America at 1-866-656-4122 or internationally by dialing 781-575-2422 collect or by email at [e-mail].

Note Regarding Forward-Looking Statements

Certain of the statements made in this news release are forward-looking statements within the meaning of Canadian securities laws. The Trust cautions investors that important factors could cause the Trust's actual results to differ materially from those set out in any forward-looking statement included in this news release. In particular, and without limitation, these forward-looking statements pertain to the Trust's plan to hold a special meeting of unitholders and the date, time, place and purpose of that meeting; the postponement of the special meeting; management's expectation that the amendment of the Trust Indenture will enable the Trust to acquire attractively priced, premium Canadian oil and natural gas assets; management's expectation that future pricing differentials will narrow and the acquisition of Canadian assets will diversify the Trust's commodity price, foreign exchange and interest rate risk, which will assist in maintaining the stability and sustainability of Eagle's distributions.