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DUET Final Distribution For Year Ending 30 June 2005

17 June 2005

Diversified Utility & Energy Trusts (DUET) is pleased to announce its final distribution for the year ending 30 June 2005.

 Distribution amount:  8.5 cents per stapled unit 
 Stapled units trade ex-distribution:  24 June 2005
 Record date (5.00pm Sydney time):  30 June 2005
 Estimated payment date:  2 September 2005

This brings total distributions for the year ending 30 June 2005 to 22.0 cents per stapled unit, which is ahead of the Directors’ forecast of 21.7 cents per stapled security contained in the product disclosure statement for the non-renounceable 2 for 3 entitlement offer dated 19 November 2004.

DUET does not give tax advice and recommends that all unit holders obtain their own tax advice in relation to the distribution.

For further information please contact:

Media Enquiries
Jane Rotsey
Public Affairs Manager
Mobile: (61) 401 997 160
Email: jane.rotsey@macquarie.com


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