CALGARY--(CCNMatthews - Aug. 1) - NAL Oil & Gas Trust will release its second quarter results at 6:00 AM Mountain Daylight Time on Wednesday, August 9, 2006 and will conduct a conference call to discuss those results at 9:00 AM MDT. Mr. Andrew Wiswell, President and CEO, will host the conference call along with other members of the Management Team. The call is open to analysts, investors and all interested parties. If you wish to participate, call (403) 398-9531 or toll free (866) 249-1964. Those who are unable to listen to the call live may listen to a recording of it by calling (416) 640-1917 or toll free (877) 289-8525 and entering reservation number 21196824 followed by the number sign. The recording will be available until August 16, 2006. The conference will also be accessible by webcast at http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1538900.

NAL Oil & Gas Trust is an open-end investment trust that generates distributions through the acquisition, development, production and marketing of oil, natural gas and natural gas liquids. The Trust owns high quality assets in Alberta, Saskatchewan and Ontario. Trust units trade on the Toronto Stock Exchange under the symbol "NAE.UN".

Contact Information:

NAL Oil & Gas Trust
Gord Currie
Manager, Investor Relations
(403) 294-3620 or Toll Free: (888) 223-8792
Fax: (403) 515-3407
Email: Investor.Relations@nal.ca
Website: www.nal.ca