PMGYF Perpetual Energy Inc (PK)

NEWS RELEASE

Perpetual Energy inc. TO PreSENT at 2012 CAPP Investment Symposium

Calgary, Alberta – December 7, 2012 (TSX:PMT) - Perpetual Energy Inc. (“Perpetual” or the “Corporation”) is pleased to announce it will present at the Canadian Association of Petroleum Producers (CAPP) Investment Symposium at the Sheraton Centre in Toronto, Ontario on Monday, December 10, 2012 at 1:30 p.m. Eastern Time and at 4:00 p.m. Eastern Time Tuesday, December 11, 2012.

A copy of the presentation will be posted to Perpetual’s website, www.perpetualenergyinc.com; shortly before the first presentation and presentation slides will be available at the symposium. Details on the CAPP Investment Symposium are available at www.is2012.capp.ca.

The symposium will feature multiple, diverse panel discussions providing a unique mix of perspectives on important energy issues for Canadians. Topics include oil and natural gas market opportunities and challenges, responsible energy development and economic, environmental and social sustainability issues, and play by play comparisons of established and emerging oil and gas resource investment opportunities in Canada.  Among the highlights of the symposium is a panel with Ontario Finance Minister Dwight Duncan, Alberta Finance Minister Doug Horner, Saskatchewan Energy and Resources Minister Tim McMillan, and Newfoundland and Labrador Natural Resources Minister Jerome Kennedy, who will discuss provincial government perspectives on how to maximize economic opportunities associated with Canada’s growing energy economy.

Keynote speakers include world energy expert Daniel Yergin, Pulitzer Prize-winning author of The Prize: The Epic Quest for Oil, Money and Power, Rick George, former chief executive officer of Suncor Inc., Canada’s largest integrated energy company, and New York Times columnist David Brooks, author of three books, a former editor at The Weekly Standard, Newsweek, the Atlantic Monthly and a commentator on The News Hour with Jim Lehrer.

CAPP represents companies, large and small, that explore for, develop and produce natural gas and crude oil throughout Canada. CAPP’s member companies produce about 90 per cent of Canada’s natural gas and crude oil. CAPP's associate members provide a wide range of services that support the upstream crude oil and natural gas industry. Together CAPP's members and associate members are an important part of a national industry with revenues of about $100 billion a year. CAPP’s mission is to enhance the economic sustainability of the Canadian upstream petroleum industry in a safe and environmentally and socially responsible manner, through constructive engagement and communication with governments, the public and stakeholders in the communities in which we operate.

Perpetual Energy Inc. is a natural gas-focused Canadian energy company. Perpetual’s shares and convertible debentures are listed on the Toronto Stock Exchange under the symbol “PMT”, “PMT.DB.D” and “PMT.DB.E”, respectively. Further information with respect to Perpetual can be found at its website at www.perpetualenergyinc.com.

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

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