ENERGY TRUSTS / APF Energy Trust announces cash distribution
for January 1998; Distribution rate hits 20 Percent
TSE SYMBOL: AY.UN
FEBRUARY 6, 1998
CALGARY, ALBERTA--APF Energy Trust announces that the cash
distribution for the month of January 1998 will be $0.12 per trust
unit. The payment will be made on March 15, 1998 to unitholders of
record on February 15, 1998.
This is the first distribution made on a monthly basis. It is
anticipated that successive monthly distributions will be $0.12
per unit, with adjustments made quarterly.
The Trust's trailing 12-month distribution rate, based on a
February 4, 1998 closing unit price of $8.85 and distributions of
$1.775 is 20 percent.
/T/
Amount Record Date Payment Date
$0.455 March 31, 1997 April 30, 1997
$0.420 June 30, 1997 July 31, 1997
$0.425 September 30, 1997 October 31, 1997
$0.475 December 31, 1997 January 31, 1998
/T/ |
