Precision Drilling Trust

About Precision | Board of Directors | Biographies

The following table provides a brief biography of each Director:

		W.C. (MICKEY) DUNN ⁽²⁾⁽³⁾ - Edmonton, Alberta Director Mr. Dunn, 55, is the Chairman of the Board of True Energy Trust, a founding shareholder and director of Rentcash Inc., and a director of Vero Energy Inc. Previously, Mr. Dunn was President and Chief Executive Officer of Cardium Service and Supply Limited, Cardium Tool Services Inc. and Colorado Silica Sand Inc. He has been a Director of Precision since September 1992.

		BRIAN A. FELESKY ⁽³⁾ CM, Q.C. - Calgary, Alberta Director Mr. Felesky, 64, is Counsel to Felesky Flynn LLP, a law firm specializing in tax and trust law. Mr. Felesky is a Co-Chair, Homefront (a domestic abuse charitable organization), Vice-Chair Canada West Foundation, a member of the Senate of Athol Murray College of Notre Dame, a board member of the Calgary Stampede Foundation and Awali (a teacher training program in East Africa). Mr. Felesky also serves on the board of Suncor Energy, Inc., EPCOR Power LP, Temple Energy and Resin Systems Inc. He has been a Director of Precision since December 2005.

		ROBERT J.S. GIBSON ⁽¹⁾⁽³⁾ - Calgary, Alberta Trustee and Director Mr. Gibson, 61, has been President of a private investment firm, Stuart & Company Limited, since 1973 and is also Managing Director of Alsten Holdings Ltd. He has been a Director of Precision since June 1996 and was appointed to the Board of Trustees in September 2005.

		ALLEN R. HAGERMAN ⁽¹⁾ - Cochrane, Alberta Trustee and Director Mr. Hagerman, FCA, 56, currently holds the position of Executive Vice President, Canadian Oil Sands Limited. Mr. Hagerman is a member of the Canadian Institute of Chartered Accountants. He also serves on the board of EPCOR Power LP. Mr. Hagerman has been a Director of Precision since December 2006 and was elected to the Board of Trustees in May 2007.

		STEPHEN J.J. LETWIN ⁽²⁾ - Houston, Texas Director Mr. Letwin, 52, currently holds the position of Managing Director, Enbridge Energy Partners and is Executive Vice President, Gas Transportation & International of Enbridge Inc. From April 2003 to May 2006, he served Enbridge Inc. as Group Vice President, Gas Strategy & Corporate Development. Prior thereto, Mr. Letwin served Enbridge as Group Vice President, Distribution & Services since September 2000. Mr. Letwin also serves on the Board of Mancal Corporation, Gaz Metro LP, Enbridge Energy Company, Inc., Enbridge Energy Management, LLC, Alliance Pipeline, Vector Pipeline, Compania Logistrica de Hidro Carbons, C.L.H., S.A., Spain. He has been a Director of Precision since December 2006.

		PATRICK M. MURRAY ⁽¹⁾ Dallas, Texas Trustee and Director Mr. Murray, 65, served as Chairman and CEO of Dresser Inc. from 2001 until retiring in May, 2007. For the period 1997 through 2000, Mr. Murray served as President of Halliburton Company's Dresser Equipment Group and Senior Vice President, Strategic Initiatives of Dresser Industries, Inc. Mr. Murray also serves on the Board of Harvest Natural Resources, Inc., Rancher Energy Corp., Wellstream International, PLC, the Maguire Energy Institute, the World Affairs Council of Dallas/Forth Worth, and the Board of Regents of Seton Hall University. He is also a member of the American Petroleum Institute ("API") and the Society of Petroleum Engineers ("SPE"). Mr. Murray has been a Director of Precision since July 2002 and was appointed to the Board of Trustees in September 2005.

		KEVIN A. NEVEU - Calgary, Alberta Chief Executive Officer Mr. Neveu, 47, was appointed Chief Executive Officer and a Director of Precision in August 2007. Mr. Neveu was previously President of the Rig Solutions Group of National Oilwell Varco in Houston, where he was responsible for the design and manufacturing of drilling equipment and rig packages for land and offshore clients worldwide. Over the past 25 years, Mr. Neveu has held executive management positions in the oilfield services sector in London, Moscow, Houston, Edmonton and Calgary. Mr. Neveu is a graduate of the Faculty of Engineering at the University of Alberta. Mr. Neveu also serves on the Board of RigNet.

		FREDERICK W. PHEASEY ⁽²⁾ - Edmonton, Alberta Director Mr. Pheasey, 65, is the founder and continues to be a director of Dreco Energy Services Ltd., which was acquired by National Oilwell, Inc. in 1997. Mr. Pheasey served as Executive Vice President and a director of National Oilwell, Inc. from 1997 to 2004 and continued to serve on the board of National Oilwell, Inc. to May 2005. Mr. Pheasey has been a Director of Precision since July 2002.

		ROBERT L. PHILLIPS ⁽²⁾⁽³⁾ - Vancouver, British Columbia Chairman of the Board Mr. Phillips, 57, was most recently President and Chief Executive Officer of BCR Group of Companies from 2001 to 2004. Previously, he was Executive Vice President at MacMillan Bloedel Limited (1999 – 2001), President and Chief Executive Officer of PTI Group Inc. (1998 – 1999) and President and Chief Executive Officer of Dreco Energy Services Ltd. (1994 – 1998). Mr. Phillips has been a Director of Precision since May 2004 and was appointed as Chairman of the Board of Directors in August 2007. He also serves on the boards of several other major Canadian corporations.

		(1) Audit Committee Member (2) Compensation Committee Member (3) Corporate Governance and Nominating Committee Member March 2008