Energy is a big part of your life ...

is it a part of your investment portfolio?

Invest In Energy n 10.25% annual incomen Profit sharing upside

nergy use is growing every day with global

demand for oil projected to increase up to

60% by 2030.

The major drivers of this demand growth are the emerging

economies, particularly China. China is undergoing a

once in a life-time industrialization that is expected to

increase its consumption from its current lows of around

2-3 barrels per person per year to developed nation levels

of around 20 barrels per person per year.

Despite the challenging supply/demand environment, oil

is trading below its inflation-adjusted peak in the 1970s.

Petrocapita allows investors to obtain direct exposure

to oil production without taking the typical degree of

exploration risk common in most oil investment vehicles

combined with an ongoing income stream PLUS profit

sharing upside potential.

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E

Investment Life Cycle

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Who Are We?We are an income trust based in Calgary, Alberta Canada. We have created Petrocapita as a convenient way for investors to add oil backed income and profit sharing to their investment portfolios.

What Do We Do?Petrocapita raises capital and deploys that capital in the purchase of cash-flow generating oil and gas assets.

Why Invest Directly In Oil?We believe that well managed energy investments will be profitable because global energy demand will continue to put upward pressure on prices.

Where Do We Invest?We are focusing on western Canada as our target market due to our market knowledge and an abundance of com-petitively priced energy assets combined with world-class infrastructure and low political risk.

Petrocapita Income Trust

PORTFOLIO MANAGEMENT

CAPITAL RAISING

Stage 1– Funds used for acquisitions– Portfolio is constructed

according to cash-flow and return on capital criteria

– Acquisitions continue until fully invested

Stage 2– Assets are actively managed and

optimized

Liquidity may be one of the following:– Asset sales: Production is sold in the

market– Fund sale: For cash, or with investor

consent, for securities in another fund– Listing on a public exchange– Redemption

EXIT STRATEGIES

Why Invest in Oil?

Competitive Total ReturnsDirect oil investments offer the potential for competitive total returns. These returns are derived from income along with appreciation in the value of the assets. In general, oil returns have been greater than those on stocks and bonds over the last 40 years.

Inflation HedgeA direct investment in oil has shown that it can help preserve capital during inflationary periods, because oil has historically performed better in times of higher inflation. For example, oil prices increased approximately 1,000% during the 1970s - the last high inflation period.

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Just as oil and its by-products contribute to your way of life, direct energy investments have been shown to generate competitive returns, diversification and inflation hedging.

Non-renewable ResourceOil is a non-renewable resource and we appear to have reached the “end of cheap” oil if not the actual peak in global conventional production.

Tangible Real AssetDirect oil investments have intrinsic, real value as productive assets. Demand for energy continues to grow consistently.

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Invest in oil production to exploit the trend of increasing demand for energy driven by the rapid expansion in the emerging economies combined with peaking supply.

Why Invest in Oil?

China’s DemandThe emerging economies, particularly China will be the key future driver of incremental energy demand. To illustrate potential Chinese demand impact, if you assume China moves from its current consumption level of around 2.5 barrels per capita per year to South Korea’s level of 17 bar-rels per capita per year in 30 years, by 2020 we must:– Replace 26 million bbls/day to maintain supply - 30%

of current production and almost 3 times Saudi Arabia’s current output

– Add 18 million bbls/day to keep up with demand – 22% of current production and almost 2 times Saudi Arabia’s current output.

China: 2 bbls South Korea: 17 bbls US: 24 bbls

Peak OilResearch indicates that the average decline rate of post-peak fields is at least 6.5% per year and the average decline rate of all currently producing fields is at least 4% per year. Based on this: – Approximately 3 million bbls/day of capacity must be

added each year just to maintain production levels– Approximately 1 million bbls/day must be added each

year to meet demand growth– More than 2/3 of existing capacity must be replaced by

2030 just to prevent production declines– A peak in conventional oil production before 2030

appears likely with a significant risk of a peak before 2020

If China and India were to consume resources at the current U.S. per-capita

level, it would require two planet Earths just to sustain their economies

China is at the very early stage of its oil demand growth

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Why Invest in Oil?

The current oil markets are dramatically different from their 1980s and 1990s counterparts. Supply and demand are much more tightly balanced with a growing challenge to keep up with increasing decline rates. Increasing decline rates mean ever greater production must be found just to keep supply levels constant.

1981 2009

– Global consumption was approximately 69 million bopd

– Global consumption is approximately 84 million bopd

– OPEC had approximately 10 million bopd of spare production capacity

– OPEC is estimated to have less than 2-3 million bopd of spare capacity

– China consumed less than 2 million bopd or less than 1 barrel per person per year

– China is the second largest consumer of oil in the world – 8 million bopd but still only around 2-3 barrels per person per year

– The US consumed 24 barrels per year per person – The US consumes 24 barrels per year per person

Quick Oil Supply Demand Facts

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Why Invest in Petrocapita?

Direct, income generating investments in energy production and related assets are difficult for the average investor to obtain – usually you must invest via the public markets in operating companies which don’t yield income and which have a focus on increasing cash flow via a high degree of risky exploration. Petrocapita is focused on:

Enhancing Income– Income: Preferred Trust Units yield a base return of

10.25% per annum on invested capital, paid quarterly.– Profit Participation: Preferred Trust Units include 10%

profit participation, as a class, in any other distributions – up to a maximum total return of 12% per annum.

Reducing Risk– Acquiring Existing Production: acquisition of

producing assets to create sustainable income distributions plus profit participation for investors; and

– Western Canada: a world class energy producing region with excellent infrastructure, low political risk and most importantly, competitive acquisition prices.

120 Country Hills Landing NWCalgary, Alberta T3K 5P3Tel: +1.403.218.6506Fax: +1.403.648.2776www.petrocapita.com

Investor Rights: If you purchase any securities of Petrocapita Income Trust, (such securities herein referred to as the “Securities”) you will have certain rights in the event of a misrepresentation. Reference should be made to the full text of the applicable provisions of the securities legislation in the Province in which you reside or consultation should be undertaken with professional advisors.

If you are subject to the laws of Ontario or Saskatchewan those laws provide, in part, that if there is a misrepresentation in this document, which was a misrepresentation at the time that you subscribed for Securities, then you will be deemed to have relied upon the misrepresentation and will, as provided below, have a right of action against the issuer of the Securities (and, in certain instances, other persons) in respect of the Securities purchased by you for damages or, alternatively, while still the owner of any of the Securities purchased, for rescission, in which case, if you elect to exercise the right of rescission, you will have no right of action for damages against the issuer of the Securities, provided that: (1) no person or company will be liable if it proves that you purchased the Securities with knowledge of the misrepresentation; (2) in the case of an action for damages, the defendant will not be liable for all or any portion of the damages that it proves do not represent the depreciation in value of the Securities as a result of the misrepresentation; and (3) in no case will the amount recoverable in any action exceed the price at which the Securities were purchased by you. In the case of an action for rescission, no action may be commenced more than 180 days after the date of the transaction that gave rise to the cause of action. In the case of any action other than an action for rescission, (A) in Ontario no action may be commenced later than the earlier of (i) 180 days after you first had knowledge of the facts giving rise to the cause of action, or (ii) three years after the date of the transaction that gave rise to the cause of action, and (B) in Saskatchewan no action may be commenced later than the earlier of (i) one year after you first had knowledge of the facts giving rise to the cause of action; or (ii) six years after the date of the transaction that gave rise to the cause of action. The rights of action described herein are in addition to, and without derogation from, any other right or remedy that you may have at law. There are similar rights provided for in the securities legislation of the Provinces of British Columbia, Alberta and Manitoba and reference should be made to the full text of the applicable provisions of the securities legislation in those Provinces or consultation should be undertaken with professional advisors.

If you subscribe for Securities you have the right to cancel your agreement to purchase the Securities, but to do so you must send a notice to the issuer of the Securities before midnight on the second business day after you sign the subscription agreement to purchase the Securities.

Disclaimer: The information, opinions, estimates, projections and other materials contained here in are provided as of December 31, 2009 and are subject to change without notice. Some of the information, opinions, estimates, projections and other materials contained herein have been obtained from numerous sources and Petrocapita Income Trust (“PETROCAPITA”) and its affiliates make every effort to ensure that the contents hereof have been compiled or derived from sources believed to be reliable and to contain information and opinions which are accurate and complete. However, neither PETROCAPITA nor its affiliates have independently verified or make any representation or warranty, express or implied, in respect thereof, take no responsibility for any errors and omissions which maybe contained herein or accept any liability whatsoever for any loss arising from any use of or reliance on the information, opinions, estimates, projections and other materials contained herein whether relied upon by the recipient or user or any other third party (including, without limitation, any customer of the recipient or user). Information may be available to PETROCAPITA and/or its affiliates that is not reflected herein. The information, opinions, estimates, projections and other materials contained herein are not to be construed as an offer to sell, a solicitation for or an offer to buy, any products or services referenced herein (including, without limitation, any commodities, securities or other financial instruments), nor shall such information, opinions, estimates, projections and other materials be considered as investment advice or as a recommendation to enter into any transaction. Additional information is available by contacting PETROCAPITA or its relevant affiliate directly.

Petrocapita