This paper describes the preparation and study of thermally stimulated discharge conductivity (TSDC) study of cellulose triacetate (CTA) - multiwalled carbon nanotubes (MWNTs) film thermoelectrets. TSDC has been carried out in the temperature range 308 - 503 K and at four different polarizing fields. The conductivity of the polymer blends increased with increase in temperature showing a semi-conducting behavior. The apparent activation energy also showed a pronounced effect with the increase in the content of MWNTs.