Press Release - MAR 10, 2006 - 23:59 ET

NAL Oil & Gas Trust Announces April Distribution to Unitholders

CALGARY--(CCNMatthews - March 10) - NAL Oil & Gas Trust (TSX:NAE.UN)
(the "Trust") will pay a distribution of $0.16 per unit on April 15,
2005, to Unitholders of record on March 22. The units will begin
trading ex-distribution on March 18. In a recent announcement, the
Trust has indicated it anticipates no change in its distribution level
in the foreseeable future, barring any major commodity price
fluctuations.

Trailing cash distributions for the past 12 months total $1.88 per
unit, representing a 13% cash-on-cash yield based on the March 9, 2005
closing price of $14.18.

NAL Oil & Gas Trust is an open-end investment trust founded in May 1996
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
Anne-Marie Buchmuller
Manager, Investor Relations
(403) 294-3620 or Toll Free: 888-223-8792
Fax: (403) 294-3699
Email: Investor.Relations@nal.ca [1]
Website: www.nal.ca [2]