-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 INM90Oi9NWS8haiZRlkkbQujMTFrdfZuQGlElGqq+Vrr7rCjwsuVjFvj3rgQUrcY
 /cwV75cxz8OLlZ6cJhXMmQ==

<SEC-DOCUMENT>0001199073-09-000030.txt : 20090114
<SEC-HEADER>0001199073-09-000030.hdr.sgml : 20090114
<ACCEPTANCE-DATETIME>20090113203018
ACCESSION NUMBER:		0001199073-09-000030
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20090113
FILED AS OF DATE:		20090114
DATE AS OF CHANGE:		20090113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRECISION DRILLING TRUST
		CENTRAL INDEX KEY:			0001013605
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14534
		FILM NUMBER:		09525064

	BUSINESS ADDRESS:	
		STREET 1:		150 - 6TH AVENUE S.W.
		STREET 2:		SUITE 4200
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3Y7
		BUSINESS PHONE:		403-264-0251

	MAIL ADDRESS:	
		STREET 1:		150 - 6TH AVENUE S.W.
		STREET 2:		SUITE 4200
		CITY:			CALGARY
		STATE:			A0
		ZIP:			T2P 3Y7

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRECISION DRILLING CORP
		DATE OF NAME CHANGE:	19960506
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d6k.htm
<DESCRIPTION>PRECISION DRILLING TRUST FORM 6-K
<TEXT>
<html>
  <head>
    <title>d6k.htm</title>
<!-- Licensed to: CCNMatthews-->
<!-- Document Created using EDGARizer 4.0.7.0 -->
<!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
</head>
    <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
    <div>
      <div>
        <div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="left">
            <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="4">
            <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1">
          </div>
        </div>
      </div>
      <div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.1; MARGIN-RIGHT: 0pt" align="left">
            <div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">UNITED
STATES</font></font></div>
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">SECURITIES AND EXCHANGE
COMMISSION</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Washington, D.C.
20549</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 16pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">FORM 6-K</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">REPORT OF FOREIGN PRIVATE
ISSUER</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Pursuant to Section 13a-16 or 15d-16
of the</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Securities Exchange Act of
1934</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">January 13, 2009</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Commission
File Number: 001-14534</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Precision Drilling
Trust</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Exact
name of registrant as specified in its charter)</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">4200, 150 - 6th Avenue
S.W.</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Calgary, Alberta</font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Canada T2P 3Y7 </font></font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
of principal executive offices)</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
by check mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              <div align="center">
                <table bgcolor="#ffffff" cellpadding="0" cellspacing="0" width="30%">
                    <tr bgcolor="#ffffff">
                      <td width="25%">
                        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Form
      20-F</font></div>
                      </td>
                      <td width="25%">
                        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">o</font></font></div>
                      </td>
                      <td width="25%">
                        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Form
      40-F</font></div>
                      </td>
                      <td width="25%">
                        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">x</font></font></div>
                      </td>
                    </tr>
                </table>
              </div>
              <div align="center">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1). </font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K
if submitted solely to provide an attached annual report to security holders.
</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):&#160; _____</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K
if submitted to furnish a report or other document that the registrant foreign
private issuer must furnish and make public under the laws of the jurisdiction
in which the registrant is incorporated, domiciled or legally organized (the
registrant's "home country"), or under the rules of the home country exchange on
which the registrant's securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been
distributed to the registrant's security holders, and, if discussing a material
event, has already been the subject of a Form 6-K submission or other Commission
filing on EDGAR. </font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><br></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">
                    <table bgcolor="#ffffff" cellpadding="0" cellspacing="0" width="30%">
                        <tr bgcolor="#ffffff">
                          <td width="25%">
                            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;Yes</font></div>
                          </td>
                          <td width="25%">
                            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-FAMILY: wingdings">o </font></font></div>
                          </td>
                          <td width="25%">
                            <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;No</font></div>
                          </td>
                          <td width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;<font style="DISPLAY: inline; FONT-FAMILY: wingdings">x</font></font></td>
                        </tr>
                    </table>
                  </div>
                  <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
                </div>
              </div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">If "Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline"><font style="DISPLAY: inline; FONT-WEIGHT: normal">N/A</font></font></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div>
                <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
              </div>
              <div>
                <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
              </div>
              <div id="PN" style="PAGE-BREAK-AFTER: always">
                <div style="WIDTH: 100%; TEXT-ALIGN: center">
                </div>
                <div style="WIDTH: 100%; TEXT-ALIGN: center">
                  <hr style="COLOR: gray" noshade size="2">
                </div>
              </div>
              <div>&#160;</div>
              <div>
                <div>
                  <div>
                    <div align="center">
                      <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
                          <tr>
                            <td width="4%"><font style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman">&#160;<font style="FONT-SIZE: 10pt; TEXT-DECORATION: underline">Exhibit</font></font></td>
                            <td width="4%"><font style="FONT-SIZE: 10pt">&#160;</font></td>
                            <td width="92%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-DECORATION: underline">Title</font></td>
                          </tr>
                          <tr>
                            <td valign="bottom" width="4%"><font style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman">&#160;<font style="FONT-SIZE: 10pt">99.<font size="2" style="FONT-SIZE: 10pt">1</font></font></font></td>
                            <td width="4%"><font style="FONT-SIZE: 12pt; FONT-FAMILY: times new roman">&#160;</font></td>
                            <td valign="bottom" width="92%">
                              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                <div style="DISPLAY: block; TEXT-INDENT: 0pt">
                                  <div align="left">
                                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
                                                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                    <div style="DISPLAY: block; TEXT-INDENT: 0pt">
                                                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                          <div style="DISPLAY: block; TEXT-INDENT: 0pt">
                                                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                              <div>
                                                                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
                                                                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
                                                                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
                                                                                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center">
                                                                                                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                                  <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                                                                                                    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="center"><font size="+0"><a href="ex99_1.htm"><font style="DISPLAY: inline; FONT-WEIGHT: normal; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">PRECISION
      DRILLING TRUST ANNOUNCES </font><font style="DISPLAY: inline; FONT-WEIGHT: normal; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">APPOINTMENTS
      OF NEW DIRECTORS AND
      OFFICERS</font></a></font></div>
                                                                                                  </div>
                                                                                                </div>
                                                                                              </div>
                                                                                            </div>
                                                                                          </div>
                                                                                        </div>
                                                                                      </div>
                                                                                    </div>
                                                                                  </div>
                                                                                </div>
                                                                              </div>
                                                                            </div>
                                                                          </div>
                                                                        </div>
                                                                      </div>
                                                                    </div>
                                                                  </div>
                                                                </div>
                                                              </div>
                                                            </div>
                                                          </div>
                                                        </div>
                                                      </div>
                                                    </div>
                                                  </div>
                                                </div>
                                              </div>
                                            </div>
                                          </div>
                                        </div>
                                      </div>
                                    </div>
                                  </div>
                                </div>
                              </div>
                            </td>
                          </tr>
                      </table>
                    </div>
                  </div>
                </div>
              </div>
              <div>&#160;</div>
              <div>
                <pre><hr style="COLOR: dimgray" align="left" noshade size="2" width="100%">
                </pre>
              </div>
              <div>&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
to the requirements of Section 12 of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.</font></div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
                <table bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" width="100%">
                    <tr valign="top" bgcolor="#ffffff">
                      <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font></td>
                      <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font></td>
                      <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font></td>
                    </tr>
                    <tr valign="top" bgcolor="#ffffff">
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font></td>
                      <td colspan="2">
                        <div>
                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">PRECISION
      DRILLING CORPORATION</font></div>
                          <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By
      its Administrator PRECISION DRILLING </font></div>
                            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">CORPORATION</font></div>
                          </div>
                        </div>
                      </td>
                    </tr>
                    <tr valign="top" bgcolor="#ffffff">
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;<br>&#160;</font></td>
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;<br>&#160;</font></td>
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;<br>&#160;</font></td>
                    </tr>
                    <tr valign="top" bgcolor="#ffffff">
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Dated:&#160;January
      13, 2009</font></font></td>
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">By:&#160;&#160;</font></td>
                      <td>
                        <div style="DISPLAY: block; TEXT-INDENT: 0pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/
      </font><font style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Joanne
      L. Alexander</font></font></div>
                      </td>
                    </tr>
                    <tr valign="top" bgcolor="#ffffff">
                      <td colspan="2"><font size="1">&#160;</font></td>
                      <td align="left">
                        <hr style="COLOR: black" align="left" noshade size="1" width="90%">      <font size="2">Name:<font id="TAB2" size="3" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Joanne
      L. Alexander</font></font></font></td>
                    </tr>
                    <tr valign="top" bgcolor="#ffffff">
                      <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt">&#160;</font></td>
                      <td><font style="DISPLAY: inline; FONT-SIZE: 10pt">Title:&#160;&#160;
      <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Corporate
      Secretary</font></font></font></font></td>
                    </tr>
                </table>
              </div>
            </div>
          </div>
        </div>
      </div>
    </div>
  </body>
</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99_1.htm
<DESCRIPTION>PRECISION DRILLING TRUST ANNOUNCES FAVORABLE PRIVATE LETTER RULING
<TEXT>
<html>
  <head>
    <title>ex99_1.htm</title>
<!-- Licensed to: CCNMatthews-->
<!-- Document Created using EDGARizer 4.0.7.0 -->
<!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
</head>
    <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
    <div>
      <hr style="COLOR: black" align="left" noshade size="1" width="100%">
    </div>
    <div style="TEXT-ALIGN: right"><font style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Exhibit
99.1</font></div>
    <div style="TEXT-ALIGN: left">&#160;</div>
    <div style="TEXT-ALIGN: left"><img src="logo1.jpg" alt="GRAPHIC"><br></div>
    <div style="TEXT-ALIGN: left">
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br>&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman">NEWS
RELEASE</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><img src="logo2.jpg" alt="GRAPHIC"></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">PRECISION
DRILLING TRUST ANNOUNCES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">APPOINTMENTS
OF NEW DIRECTORS AND OFFICERS</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Calgary,
Alberta, Canada &#8211; January 13, 2009</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Precision
Drilling Trust (&#8220;Precision&#8221;) is pleased to announce the appointment of an
additional three directors to the Board of Directors of Precision Drilling
Corporation (the &#8220;Corporation&#8221;), the Administrator of Precision Drilling Trust
(the &#8220;Trust&#8221;).&#160;&#160;Mr. Trevor M. Turbidy, Mr. Frank M. Brown and Mr.
William T. Donovan, all formerly directors of Grey Wolf, Inc. (&#8220;Grey Wolf&#8221;),
have joined the board of the Corporation effective December 23, 2008, the date
the Trust acquired Grey Wolf.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Board
of Directors of the Corporation also confirmed today that the officers of the
Corporation are as follows:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Kevin
      A. Neveu, President and Chief Executive
Officer</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      M. Crowley, President, U.S.
Operations</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Gene
      C. Stahl, President, Canadian
Operations</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      W. Wehlmann, Executive Vice President, Investor
  Relations</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Doug
      J. Strong, Chief Financial Officer</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Joanne
      L. Alexander, Vice President, General Counsel and Corporate
      Secretary</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Kenneth
      J. Haddad, Vice President, Business
Development</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Darren
      J. Ruhr, Vice President, Corporate
Services</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
Neveu, President and CEO of Precision stated: &#8220;On behalf of management and
staff, I am very pleased to welcome Trevor, Frank and Bill to our Board of
Directors. They bring significant energy industry experience and financial
expertise to our board, and will provide valuable insight and guidance to
Precision&#8217;s strategic direction.&#160;&#160;David Crowley and David Wehlmann are
strong additions to Precision&#8217;s leadership team.&#160;&#160;Their complementary
strengths and U.S. expertise will accelerate the integration of the two
companies and serve Precision well in delivering its future plans."</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">4200, 150
- - 6th Avenue S.W.</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Calgary,
Alberta, Canada T2P 3Y7</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Telephone:
403.716.4500</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">Facsimile:
<font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;</font>403.264.0251</font></div>
            <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; TEXT-DECORATION: underline">www.precisiondrilling.com</font></font></font></div>
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: darkgray" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%; TEXT-ALIGN: center" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">-
2 -</font></div>
        </div>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
Turbidy served as a director of Grey Wolf since December 2005 and currently
serves as an Energy Industry Advisor with Avista Capital Partners, a private
equity firm focused on investments in the energy, media and healthcare
industries.&#160;&#160;Mr. Brown was a director of Grey Wolf for the past eight
years and is currently Chief Executive Officer of ZRB Resources, LLC, a private
exploration and production Company in Alaska.&#160;&#160;Mr. Donovan has been a
director of Grey Wolf for over twelve years and is Chairman of the Board of
Rockland Industrial Holdings, LLC, a Wisconsin entity engaged in manufacturing
wood flooring products for the truck trailer and container
industries.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">About
Precision</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Precision
is a leading provider of safe, high performance energy services to the North
American oil and gas industry.&#160;&#160;Precision provides customers with
access to an extensive fleet of contract drilling rigs, service rigs, camps,
snubbing units, wastewater treatment units and rental equipment backed by a
comprehensive mix of technical support services and skilled, experienced
personnel.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Precision
is headquartered in Calgary, Alberta, Canada.&#160;&#160;Precision is listed on
the Toronto Stock Exchange under the trading symbol "PD.UN" and on the New York
Stock Exchange under the trading symbol &#8220;PDS&#8221;.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
further information, please contact:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
Wehlmann, Executive Vice President, Investor Relations</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Precision
Drilling Corporation, Administrator of Precision Drilling Trust</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div align="center">
        <table bgcolor="white" cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(713)
    435-6100</font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(403)
    716-4500</font></td>
            </tr>
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(713) 435-6171
      (FAX)&#160;</font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(403) 264-0251
      (FAX)</font></td>
            </tr>
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4200, 150 - 6<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">th</font>
      Avenue S.W.</font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Calgary, Alberta T2P
      3Y7</font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
            <tr>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Website: <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.precisiondrilling.com</font></font></td>
              <td width="50%"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></td>
            </tr>
        </table>
      </div>
      <div>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
    </div>
  </body>
</html>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo1.jpg
M_]C_X``02D9)1@`!`@$`2`!(``#_P``1"`!,`58#`2(``A$!`Q$!_]L`A``%
M`P,$`P,%!`0$!04%!@<-"`<'!P<0"PP)#1,0%!,2$!(2%1<>&146'!82$AHC
M&AP?("$B(109)2<D("<>(2$@`04%!0<&!P\("`\@%1(5%2`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("#_Q`&B```!
M!0$!`0$!`0```````````0(#!`4&!P@)"@L0``(!`P,"!`,%!00$```!?0$"
M`P`$$042(3%!!A-180<B<10R@9&A""-"L<$54M'P)#-B<H()"A87&!D:)28G
M*"DJ-#4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@X2%
MAH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35
MUM?8V=KAXN/DY>;GZ.GJ\?+S]/7V]_CY^@$``P$!`0$!`0$!`0````````$"
M`P0%!@<("0H+$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R
M@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(
M24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JB
MHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR
M\_3U]O?X^?K_V@`,`P$``A$#$0`_`/LNBBB@`HHHH`****`"BBB@`HHHH`**
M**`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHH
MH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@
M`HHHH`****`"BBB@`HH[4W>,X&,^F:`'44TR*,`D<^]!<#^E`#J*:'&,TU9X
MV4E&5@.N&!H`DHIC3QH0&=1NX7)QGZ4-*(URQ51ZDXH`?13=X`[>U&\=/3M0
M`ZBF^8O0$<>]!<#C@?6@!U%)N`P,=:0.",KR/:@!U%-#@C(Z4N\=L&@!:*:'
M!X'8XI$F25"T;(X'&5;(H`?13?,7ID4>:F!\R\CCF@!U%-W@=>*-XP<8XZ\]
M*`'44Q)TD7=&RLN<9!R*42`MM%`#J***`"DS[4IXKB_$GQ/@\/:Q/IKZ;-*T
M.W++(`#E0?ZTFTE=DRDHJ[.SS[49]J\]_P"%TVO_`$![C_OZM'_"Z;7_`*`]
MQ_W]6L_;0[F/UNCW/0L^U&?:O/?^%TVO_0'N/^_JT?\`"Z;7_H#W'_?U:/;0
M[A];H]ST+/M1GVKSW_A=-K_T![C_`+^K1_PNFU_Z`]Q_W]6CVT.X?6Z/<]"S
M[49]J\]_X73:_P#0'N/^_JT?\+IM?^@/<?\`?U:/;0[A];H]ST+/M1GVKSW_
M`(73:_\`0'N/^_JT?\+IM?\`H#W'_?U:/;0[A];H]ST+/M1GVKSW_A=-K_T!
M[C_OZM'_``NFU_Z`]Q_W]6CVT.X?6Z/<]"S[49]J\]_X73:_]`>X_P"_JT?\
M+IM?^@/<?]_5H]M#N'UNCW/0L^U&?:O/?^%TVO\`T![C_OZM'_"Z;7_H#W'_
M`']6CVT.X?6Z/<]")XKQCXD?V-)\2+N/6XM3GB&G)Y$=EDL),]>/;O731_&>
MT=U1M)G4,0"3*O%7+>XT2+QM<^(CX@T\K+9+:^2)5RI#9W9S[8Z52J0>S*CB
M*4]$SS"_*VTF@+XQ@U6=%TARR0D^:H\UMA;G^[C.?6K5_#<#P+H0O;?4+FRN
M-:=[6W63=.UN1\J`COUQ7H=__P`(_J'C"/7)M>TY[==/>RDMVD4[PS$DDYZ=
MNE<N?"EO;:9;6%CXXTV-+#4/MEBTF&,(QC;C.#CK^?'/#YHE\\>Z(9D@L/"*
MV&BZ=K.B#5M7ALYOMK$.4(Y*YZ#M6CXK^'UEX-\+Z]=Z-?W$-K+8!'LRQ<%M
MX_>9/(/_`->IKBP76]"NM/U[QWI]Y/YD<ME/'&B?9Y%Z'`Z@\54?P[!JT&J7
M.N^-M.N]0N[46D,BD+'$@8-]WC))'\Z.:(<\>Z,OQGIJ+JEO?^(M-U*]T>33
M84MY[1R?L;[!EBH]^>?6M#3=&LO'GB"ST34=2N-2TC3](CEA.[9Y[,1\S#V'
M&/\`9JQJNBH+J2XT'QMIUB+RRCM+U),,K[5V[E!Z$BB7P[IVDKIEWX8\9:?8
MZA:6GV6629E=+A,D\C/!!)(HYH]PYX]T<SXADU.VT"30K*YFEETSQ%]GL79R
M6QL8JI^A%=A\-/$*^)_&^L:E&2!-86S,AZ(X&&&.W(J"W\-:';Z;IL7_``E=
MC-=P:JNI7<[NO[]^X&#Q6CX5T_PYX6\4:SJ]OX@TYK?42&6!9`/+.26[],DT
M<T>X<\>Z,:X\&V7BWQKXQ:[FNXI;,0FVDBF*>63%U_-17,ZGK5IK(\-W_B2/
M4+N$Z5)YHM2=Y*RLH<^W`R:ZO5M&%SX@U:_TOQ]IVG6^J;1<1JJLV`H7KGTS
M^=:-AH_A?3=6TR>#7M/:QL=/>R-N\BDR;B223GW/&*.:(<\>Z.8\.I=PV_A-
MW-PEE/KTCV*RR;F%N0-H)SZYXKM?@VY?P:S,S,3>S\DY_CKG]*\,Z9I4^GQK
MXOTZ2PT_43>6L3,-R*>#'G/3\/7CFC0--O?#<J0V?Q"TI-/^T&9K?R5)92V2
MN2>.*.:(<\>Z-KX2N3\/)&9BQ$]Q@D]/F->;PZMJ&CZ=X*U*T\V5K.WN)Y4#
M$[D69M__`([FNKT'2+SP_&MG:?$+2UT[S6=K?R%RP9LL,Y[C(JQH/AS0=)?1
M!<>)M,N8=.MKBWECW`"82D^_O1S1#GCW1@Q:M)J6A7]G9W<B6^L^*OLS2HYX
MB8`G![<``5TO@BW\,^'_`![=Z5H6IWL;-$T<NGR1,4WJ>7#GZ&J.G>#/#EAX
M3O="_P"$KLM[WOVRTG1UW0,``O&>>!CWS5_PY:Q0>)4\0>(?&6FW]Q!$88$@
M"QH`>I/J:.:/<.>/=%?XM>#=,DU;2M1/VD7&HZI#;7!6<@%",8`[=!S7,^+]
M-\->&?&4UCJ-OJTVFV^GQF(6TK$JQ).6.>G)YKT/Q?<:)XF.EE/$.GP?8+^.
M[.9`=X7/RCGCKUJO<VOAR_\`$^I:I=Z[ITMI?:>+)X/,7(&<YSG^E'-'N'/'
MNCF]!BU.TN/A]'J+R^8\UTRAWRPB*Y0$YYXI^H66K:K;>/K726E>X.H1`(DA
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MM79T4G%25F3."G'EEL>>?\*3M?\`H,3_`/?E?\:/^%)VO_08G_[\K_C7H=%9
M^PAV,?JE'L>>?\*3M?\`H,3_`/?E?\:/^%)VO_08G_[\K_C7H=%'L(=@^J4>
MQYY_PI.U_P"@Q/\`]^5_QH_X4G:_]!B?_ORO^->AT4>PAV#ZI1['GG_"D[7_
M`*#$_P#WY7_&C_A2=K_T&)_^_*_XUZ'11["'8/JE'L>>?\*3M?\`H,3_`/?E
M?\:/^%)VO_08G_[\K_C7H=%'L(=@^J4>QYY_PI.U_P"@Q/\`]^5_QH_X4G:_
M]!B?_ORO^->AT4>PAV#ZI1['GG_"D[7_`*#$_P#WY7_&C_A2=K_T&)_^_*_X
MUZ'11["'8/JE'L>>?\*3M?\`H,3_`/?E?\:/^%)VO_08G_[\K_C7H=%'L(=@
M^J4>QY]'\%;1)$9M6F8*P)4PC!]NM=6/!^A`#.D6)_[=UK6HJHTXQV14,/3A
MK%&3_P`(?H/_`$!['_OPM*/!^@CII%B/^V(K5HJN5&G)'L9/_"'Z#_T!['_O
MR*/^$.T#MH]A_P"`Z_X5K44<J#DCV,G_`(0[0.VC6'/_`$P7_"E_X0_0<8_L
MBQ_"%16K11RH.2/8R3X/T$_\P>Q_[\K2_P#"(:#_`-`>Q_[\+_A6K11RH.2/
M8R1X/T$<#1[''_7!:7_A$-!_Z`]C_P!^%K5HHY4')'L9/_"'Z`.FCV/_`'Y6
MC_A#M`Q@:/8#Z0+_`(5K44<J#DCV,G_A#]`_Z`UA^$"_X4?\(?H/;1['C_IB
MM:U%'*@Y(]C*_P"$/T'_`*`]B/I`M)_PAV@?]`>PS_U[K_A6M11RH.2/8RO^
M$/T'_H#V/_?A?\*/^$/T'MH]C_WX6M6BCE0<D>QE?\(AH.0?[(L>.G[D4G_"
M'Z"/^818_P#?E:UJ*.5!R1[&3_PAV@#IH]@/^W=?\*EM/#.D6%PEQ:Z;:PRI
M]UTB`(XQP?I6C11RH.2/8****904444`%%%%`!1110`4444`%%%%`!1110`4
M444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!11
510`4444`%%%%`!1110`4444`?__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>logo2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo2.jpg
M_]C_X``02D9)1@`!`@$`2`!(``#_P``1"`!2`'0#`2(``A$!`Q$!_]L`A``%
M`P,$`P,%!`0$!04%!@<-"`<'!P<0"PP)#1,0%!,2$!(2%1<>&146'!82$AHC
M&AP?("$B(109)2<D("<>(2$@`04%!0<&!P\("`\@%1(5%2`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("#_Q`&B```!
M!0$!`0$!`0```````````0(#!`4&!P@)"@L0``(!`P,"!`,%!00$```!?0$"
M`P`$$042(3%!!A-180<B<10R@9&A""-"L<$54M'P)#-B<H()"A87&!D:)28G
M*"DJ-#4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@X2%
MAH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35
MUM?8V=KAXN/DY>;GZ.GJ\?+S]/7V]_CY^@$``P$!`0$!`0$!`0````````$"
M`P0%!@<("0H+$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R
M@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(
M24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JB
MHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR
M\_3U]O?X^?K_V@`,`P$``A$#$0`_`/LNBBB@`HZ"BD-``3@9I"^.*XSQGX^?
M2YGT[3`K72X\R0C(C]L=STK-T_P9KOB1!<ZSJ5Q%$_*QL23^70?E6;GK9&,J
MJ3Y4>B[_`$Q2AL]*Y6U^'&GV2[K>]U*-QWCGV_H!4L=U=Z'*L4VHN\9.`E\F
MW/TD7C\Z:;ZE<TENCI3GM2;L#L*C@N//C!V,A/4'M_C^%<]\0=?GT+2(_LDO
ME7$T@"''0`9)_E^=-M)7*<DE<Z8&EK-\-B[_`+%M&O9FEN'C#NS#GGG'X=*T
MJ:=T$7=7"BBBF4%%%%`!1110`=N*IZQ?'3=*NKL`9AA9A]0.*N'I6=XBM6O-
M!OK>,?.\#!1ZG%(#S[X<Z.-9UN6^N_WBVQW\\[G/0_S_`$KU`+CD<?2N`^%%
MQ%!8ZBS,%$>UV)[#!_P-,3XGZK=.ZVFCI*JG`V[R0.V<"L8-1U?<Y*,HQ6N[
M9U'B;Q9:>&H%\\&263.R)>I`ZD^@KGI/B3+=Q%#X;N)8G&""V01]-M<Q=ZQ>
M:[XA&H3::UPT6TFV56(`'KQTS71R?$75K*(-/X>,$0P`6#*![=/2DZEV*5;F
M;L[(J:=XJN])G=[+1=12V;D6S,613ZCY<C\#BJU_JMQXW\36-O/:FU6([7B+
M9V@?,Q/X`?E7?V6N6]]H8U90R0^49"&&,8ZC]#7F^B:E$;^XU*^8K]JE\E'/
M_+,L=Q8^P`4?C2DK+1DSNHZ/<]7MI8Y4!B='4<94Y%3UEZ!I!TB%T,N_<>PX
MQ6I6\=CKAL%%%%46%%%%`!1110`=J:0-N#3J2@#R[Q)I=QX2NM3:!MEK?)Y<
M0_WFR1^`!_.NE^'>E&R\,><%VRW1,@..W\/^/XUSGQ&O)=7\1Q:;:JTI@78J
M+U9VY/XXQ^5:*^)?%^GVZ1_V!!%$BA%W*0!Q@#[U<UTI^1Q:1J&1X>NM9\)7
M5V!H4]S-*0K,5;`QGN`>M1^+O%>H:W;PVEWIS6.'\P`J<OQ@<$5O_P#"3>-7
M4X\/PGCLI/\`[-5+2O#.N>(-?34=;B>&*,ACN^7.#PH`[4OB7NB;NK1*<NL:
MU)X970H-"N(HMBJ9%5B2.IXQQD_SINNZ#_9G@C37FC*7#SLS`CGY@3S^"BO4
MPH`KSKXJ:RDUU;:;"VXP@O)CG!/`%4X<L;OH7.DHQNWT.P\(7;ZAX<L+B1LL
M8@"?4CC/Z5L5E>%+%],\/6-K(/G2(;AZ$\_UQ6K6M._*KF]*_(K]@HHHJS0*
M***`"BCM2%L=/P'K0`IX%5[Z\CL+*:YE8*D498GZ"I\_3%,DB26,QR(K(1@A
MAD&@#S?X<VDFN>)+C5Y^?+S)G'\;GI^`S7HE]9I>VSPN%(88PRAA^(/!H@M;
M>V)6"&.(DY(50,^_%3%NPQSTJ(QL94Z?*M3FO*NO#I(CM;O[.#Q]F/G(O_`#
M\R_@<4LGQ%T*W7;--.C@<JULZD?@1_6ND./05%+:P3C$L$3XZ;D!H4;;#<6M
MCAM5^)LUZIMM#LI6D;@2.N6_!1_C3/"7@&ZFO5U+6P1A@Z1,<LS?WF_PKNXK
M:"`;888HP>RJ!4HP!@4O9MO4CV3F[R>@JH!^%.IH;/`P<4!ORK0W'44F3Z4@
M;MQ0`ZBBB@!LLBPQ/(Q`5%+$^@%>5^%;2[U*VL=4@T^X@F%V;J?478!#",_(
M.<MD`=J]1N[9+RUEMI"P25"C;3@X(P<'M5>'1;2WTG^RXD9+;RC$%5L$*>O/
MXT`<A#XOUV6QTZ1UB1]4R\(AMFE:&-1G<5!RQ.5X[<]:LP>(_$&J>590);V-
M]'9M<W#7$1PWSE4&,_*&VD\G@5NW?A33[NTL[<&X@^Q+L@DAE*.B[=I&?<<5
M%=>"=)NO(!2=%BA$!6.9E$D><[7]1F@##O=8OTO-5O+2T3SK<V]M*\4;2M&I
M7=(0H(W;=PX`Z<TR\\2F+[%?R&RU`VNGSWGG0AE#\A$(&>,YP0<_I71S>$M/
ME5]C7,$C3_:/,AF*NK;0O!],`#%-@\%Z-;V[P);-Y;VOV1@7/,>2V,]CDDY'
MK2L!@W/BS6M*@U"&Y:TN+N*V@F@V1[0'D;;L(SR`>_%;7AR_U"YO]4LK^6"?
M[)(B+)'&4!)0,1@D],BGV_@W3((61OM$S/-',\DLI9W9#E,GT'ITK0L=*MM/
MEN98%(:ZE\V4DYR<`?E@"F!P'B&&WNK;Q/K3%EN;:Y2&SD5R"C*$`Q@\_-VQ
M6CJ7B+69+76F1;7[)8QB$HZDO+(T:Y7((P`S<UMQ>!M(CO/M3I<3,)S<!)9V
M9!(3DMMSC-6G\,:=+9W%H\;F*YN/M$HWG+/N#=?3('Y4`<9J,9>:^M(OE#2V
M.FH`3A1P[`5>M-9O)+W9IR6L,^H:E/&TK(6Q%$I&X@G&00/0&ND_X1?3?M`G
M\IMXN_MF=QYDV[<_E26OA;3;$P/"C@VZ2+&2Y^7S#ES]2:`.3N_&>LSZ#8^4
M\:75U!.^^*$LTA5MJ*J@_+N[$FNXT]'BLH$?>&6-0=QR>G<^M<GJ7@2]^T@:
M7+%;QI:I;6\WVF2.2``Y.0HQ)SSR1791*R(JLVX@8R>_'6@!]%%%`!1110`4
M444`%%%%`!1110`4444`%!Z&B@]#0`Q2?.8=@!Q2IR.?6FK_`*]OH*<G3\:`
''4444`?_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
