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Gold/Mining/Energy : KERM'S KORNER

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To: Herb Duncan who wrote (12901)10/20/1998 2:45:00 PM
From: SofaSpud   of 15196
 
ENERGY TRUSTS / Enerplus distribution

Enerplus Resources Fund - Monthly Cash Distribution Notice

CALGARY, Oct. 20 /CNW/ - Notice is hereby given that a cash distribution
at the rate of $0.025 (two and one half cents) per unit will be payable on
November 15, 1998, to all Unitholders of record at the close of business on
November 1, 1998.
The Fund distributed $0.08 for the quarter ending September 30, 1998.
Consequently, the new trailing last twelve month distribution paid totals
$0.295 (twenty-nine and one half cents) per Unit.

-30-
For further information: Christina S. Meeuwsen, Secretary, Enerplus
Resources Corporation, as Manager of behalf of Enerplus Resources Fund, (403)
298-2200, Fax: (403) 298-221
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