Paramount Resources Ltd. Announces Director Election Results from Its 2013 Annual Meeting of Shareholders

CALGARY, ALBERTA - May 8, 2013 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX:POU) announces that at its annual meeting of shareholders held on May 8, 2013 the following ten director nominees were elected:

NOMINEE VOTES FOR VOTES WITHHELD
  Number Percent (%) Number Percent (%)
CLAYTON RIDDELL 78,542,056 98.97 % 818,391 1.03 %
JAMES RIDDELL 78,173,177 98.50 % 1,187,270 1.50 %
JAMES BELL 78,917,490 99.44 % 442,957 0.56 %
THOMAS CLAUGUS 78,917,490 99.44 % 442,957 0.56 %
JOHN GORMAN 79,196,308 99.79 % 164,139 0.21 %
DIRK JUNGE 79,196,462 99.79 % 163,985 0.21 %
DAVID KNOTT 79,196,527 99.79 % 163,920 0.21 %
SUSAN RIDDELL ROSE 78,447,713 98.85 % 912,734 1.15 %
JOHN ROY 79,196,308 99.79 % 164,139 0.21 %
BERNHARD WYLIE 74,318,580 93.65 % 5,041,867 6.35 %

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

For further information: Paramount Resources Ltd., J.H.T. (Jim) Riddell, President and Chief Operating Officer, (403) 290-3600 / Paramount Resources Ltd., B.K. (Bernie) Lee, Chief Financial Officer, (403) 290-3600, (403) 262-7994 (FAX), www.paramountres.com