Chesapeake Granite Wash Trust Announces 2012 Second Quarter Results Release Date and Conference Call Information

Chesapeake Granite Wash Trust (“Trust”) (NYSE:CHKR) has scheduled its 2012 second quarter results to be released the morning of Friday, August 10, 2012.

Chesapeake Energy Corporation (NYSE:CHK), the sponsor of the Trust, has scheduled a conference call to discuss the release for Monday, August 13, 2012 at 11:00 am EDT. The telephone number to access the conference call is 913-312-1467 or toll-free 888-632-5023. The passcode for the call is 7002490. We encourage those who would like to participate in the call to place calls between 10:50 and 11:00 am EDT.

For those unable to participate in the conference call, a replay will be available for audio playback at 3:00 pm EDT on Monday, August 13, 2012 and will run through 3:00 pm EDT on Monday, August 27, 2012. The number to access the conference call replay is 719-457-0820 or toll-free 888-203-1112. The passcode for the replay is 7002490.

The conference call will also be webcast live on the Trust’s website at www.chkgranitewashtrust.com in the “Investors” section of the website. The webcast of the conference call will be available on the Trust’s website for one year.

ABOUT CHESAPEAKE GRANITE WASH TRUST:

Chesapeake Granite Wash Trust (NYSE:CHKR) is a Delaware statutory trust formed by Chesapeake Energy Corporation to own certain royalty interests in oil and natural gas wells in Washita County, Oklahoma producing from the Colony Granite Wash Play within the broader Granite Wash formation of the Anadarko Basin. The common units do not represent interests in and are not obligations of Chesapeake Energy Corporation. Further information is available at www.chkgranitewashtrust.com where Chesapeake Granite Wash Trust routinely posts announcements, updates, investor information and news releases.

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