PO51 - I had the same problem a few years back. I removed the locking stud and nut that holds the distributor in place. Then I built a small dam using putty around the distributor on top of the head so it would hold penetrating oil (I used PB Blaster), and let it soak for a couple days. I also put the same oil in the screw hole. While it was soaking I took some wooden shims (the type that are used to level and square windows when you are putting them in), and wedged them between the distributor and head to put upward pressure on the distributor. Be careful with this step, as the distributor can break with too much pressure.
Also, during the soaking process, I used a small butane torch (the kind that a butane bottle screws on) and repeatedly heated and cooled the area around the distributor to try a suck in the penetrating oil and to try and loosen the rust.
For me it was not a quick process; I spent a few weeks doing this (I didn't perform the process everyday) and it finally came loose.
Others may have better ideas.
Ron/IA