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Statement of Trust Income Allocations and Designations 2003

Select: T3 R16 REPLACEMENT RECORD CALCULATION METHOD: PERCENT RATE

FALSE 2 1

Form Version: 10 TRUE FALSE 1

Security Information: Preparer information:

TRUST NAME: Viking Energy Royalty Trust CONTACT NAME: Danielle Gallant

ADDRESS (1): Suite 400, 330 - 5 Avenue SW DATE PREPARED: 20040303

ADDRESS (2): PHONE: 403-266-3191

CITY: Calgary FAX: 403-266-0058

PROVINCE: AB E-MAIL: vikingin@viking-roy.com

COUNTRY CODE: CAN

POSTAL CODE: T2P 0L4

TAXATION YEAR: 2003

TIN#: T17728707

CUSIP#: 926924101

QUEBEC TAX ID:





Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14

Total Distribution ($) Per Unit 0.10000 0.11000 0.11000 0.12000 0.12000 0.12000 0.12000 0.11000 0.11000 0.10000 0.10000 0.08000 0.08000

R16 Box Record Date 20021231 20030131 20030228 20030331 20030430 20030530 20030630 20030731 20030829 20030930 20031031 20031128 20031231

T3 Box No. No. Payment Date 20030115 20030217 20030317 20030415 20030515 20030615 20030715 20030815 20030915 20031015 20031115 20031215 20040115

21 A Capital gain

22 B Lump-sum pension benefits

23 C Dividend Income Per Unit

24 E Foreign Business Income

25 F Foreign Non-Business Income

26 G Other Taxable Income Per Unit .05500 .06050 .06050 .06600 .06600 .06600 .06600 .06050 .06050 .05500 .05500 .04400 .04400

Non-taxable Amount

(non-reportable) .04500 .04950 .04950 .05400 .05400 .05400 .05400 .04950 .04950 .04500 .04500 .03600 .03600



30 H Capital gains eligible for deduction

31 D Qualifying Pension income



33 K Foreign business income tax paid

Foreign non-business income tax

34 L paid

35 N/A Eligible death benefits

36 N/A Miscellaneous

Insurance segregated fund capital

37 X losses

38 X Part XII.2 tax credit

Investment tax credit - Inv. Cost or

40 X exp.

41 X Investment tax credit

45 X Other credits

Total Distribution (input as check

figure) .10000 .11000 .11000 .12000 .12000 .12000 .12000 .11000 .11000 .10000 .10000 .08000 .08000

CHECK: Rows 22 - 30 plus 33 - 39 should sum to

row 40; when correct, no error message will appear in

this row for completed columns.

NOTES:



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