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Peyto Exploration & Development Corp. Announces Results of Directors Vote

T.PEY

CALGARY, ALBERTA--(Marketwired - May 12, 2015) - 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

Peyto Exploration & Development Corp.
Darren Gee
President and Chief Executive Officer
(403) 451-4100
(403) 237-8911



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