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Peyto Exploration & Development Corp. Announces Results of Directors Vote

Peyto Exploration & Development Corp. (TSX:PEY) (“Peyto”) is pleased to announce that the nominees listed in the management proxy circular dated March 23, 2015 were elected as directors of Peyto at Peyto’s annual meeting held May 12, 2015. The detailed results of the vote for the election of directors held at its annual meeting of shareholders are set out below.

Election of Directors

On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Peyto:

Nominee Outcome of Vote Votes For % For Votes Withheld % Withheld
Donald Gray Elected 79,989,559 77.26 23,546,700 22.74
Michael MacBean Elected 101,913,664 98.37 1,688,070 1.63
Brian Davis Elected 101,930,814 98.39 1,670,920 1.61
Darren Gee Elected 98,335,328 94.92 5,266,406 5.08
Gregory Fletcher Elected 89,894,320 86.77 13,707,414 13.23
Stephen Chetner Elected 89,804,854 86.68 13,796,880 13.32
Scott Robinson Elected 97,705,106 94.31 5,896,628 5.69