ENERPLUS ANNOUNCES CASH DISTRIBUTION FOR SEPTEMBER 2010
August 31 2010 - 5:00AM
PR Newswire (Canada)
CALGARY, Aug. 31 /CNW/ -- CALGARY, Aug. 31 /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 September 20, 2010 to all Enerplus
Unitholders of record on September 10, 2010. The ex-distribution
date for this payment is September 8, 2010. 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. Holders of
Enerplus Exchangeable Limited Partnership Class B units of record
on September 10, 2010 will be eligible to receive a distribution of
CDN$0.0765 per unit on September 20, 2010 based on the exchange
ratio of 0.425 of an Enerplus trust unit for each Enerplus
Exchangeable Limited Partnership Class B unit. Electronic copies of
our financial statements, press releases, and other public
information are available on our website at www.enerplus.com.
Except for the historical and present factual information contained
herein, the matters set forth in this news release, including words
such as "expects", "projects", "plans" and similar expressions, are
forward-looking information that represents management of Enerplus'
internal projections, expectations or beliefs concerning, among
other things, future operating results and various components
thereof or the economic performance of Enerplus. The projections,
estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties,
which may cause Enerplus' actual performance and financial results
in future periods to differ materially from any projections of
future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include,
among other things, those described in Enerplus' filings with the
Canadian and U.S. securities authorities. Accordingly, holders of
Enerplus Trust Units and potential investors are cautioned that
events or circumstances could cause results to differ materially
from those predicted. Gordon J. Kerr President & Chief
Executive Officer Enerplus Resources Fund %CIK: 0001126874 Investor
Relations at 1-800-319-6462 or e-mail
investorrelations@enerplus.com
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