Mr. Glenn Hamilton reports

BONAVISTA ENERGY TRUST CONFIRMS CASH DISTRIBUTION FOR SEPTEMBER 15, 2010

Bonavista Energy Trust confirms that its monthly cash distribution generated from August production will be 16 cents per trust unit and payable on Sept. 15, 2010. The company will continue to carefully monitor the impact of all issues affecting our business and, adjust its monthly distributions and capital programs as conditions evolve. For 2010, the objective is to set a distribution policy at prudent levels of up to 50 per cent of funds from operations while withholding sufficient funds to finance capital expenditures required to modestly grow current production base. This in turn, should provide a stronger base of cash flow for future sustainable distributions. The company's distribution policy is reviewed monthly and is based on a number of factors including current and future commodity prices, foreign exchange rates, commodity hedging program, current operations and future investment opportunities.

Bonavista has declared this distribution to be paid on Sept.15, 2010, for unitholders of record on Aug. 31, 2010, with an ex-distribution date of Aug. 27, 2010.