Paramount Resources Ltd. (TSX:POU) announces that the annual meeting of its
shareholders to be held in the Conference Center at Centrium Place, 332 - 6th
Avenue S.W., Calgary, Alberta, at 10:30 a.m. (Calgary time) Wednesday, May 14,
2008, will be webcast. To listen to the annual meeting and view the presentation
to be provided at the meeting, please go to the following internet address:
www.paramountres.com/investor_relations/key-dates.html. The webcast will also be
available at the same internet address for a period of time following the annual
meeting.


Paramount is a Canadian oil and natural gas exploration, development and
production company with operations focused in Western Canada. Paramount's common
shares are listed on the Toronto Stock Exchange under the symbol "POU".
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