ERF - Enerplus Announces Cash Distribution of .17 for January 2010

CALGARY, Dec. 18 /CNW/ - Enerplus Resources Fund ("Enerplus") (TSX - ERF.un, NYSE - ERF) is pleased to announce that a cash distribution in the amount of CDN$0.18 per unit will be payable on January 20, 2010 to all Enerplus Unitholders of record on December 31, 2009. The ex-distribution date for this payment is December 29, 2009.

The CDN$0.18 per unit distribution is equivalent to approximately US$0.17 per unit if converted using a Canadian/US dollar exchange ratio of 1.06. The U.S. dollar equivalent distribution will be based upon the actual Canadian/US exchange rate applied on the payment date and will be net of any Canadian withholding taxes that may apply.

 

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