CALGARY, ALBERTA -- (MARKET WIRE) -- 02/26/13

Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) will release its 2012 fourth quarter and full-year financial and operating results as well as December 31, 2012 reserves information, prior to the opening of markets on Friday, March 1, 2013.

A conference call will be held shortly after to discuss the results and address investor questions.

Conference call details:

Date: Friday, March 1, 2013

Time: 6:30 a.m. MT (8:30 a.m. ET)

Dial-in: 416-340-8527 or toll free 1-877-240-9772

Webcast: http://www.gowebcasting.com/4200

A replay of the conference call will be made available shortly after the conclusion of the call and can be accessed by dialing 905-694-9451 or toll free 1-800-408-3053. The passcode is 6265274. The replay will be available until midnight eastern time on March 8, 2013.

About Pengrowth:

Pengrowth Energy Corporation is a dividend-paying, intermediate Canadian producer of oil and natural gas, headquartered in Calgary, Alberta. Pengrowth's assets include Swan Hills light oil, Cardium light oil and the Lindbergh thermal bitumen project. Pengrowth's shares trade on both the Toronto Stock Exchange under the symbol "PGF" and on the New York Stock Exchange under the symbol "PGH".

PENGROWTH ENERGY CORPORATION

Derek Evans, President and Chief Executive Officer

Contacts:
Pengrowth Energy Corporation
Investor Relations
(403) 233-0224 or Toll Free: 1-888-744-1111
investorrelations@pengrowth.com
www.pengrowth.com