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To: Peter W. Panchyshyn who wrote (629)12/3/2000 9:29:47 PM
From: Bat Man  Read Replies (1) | Respond to of 11633
 
Enerplus Resources Fund Announces Increase In Monthly Cash Distribution
CALGARY, Alberta--(BUSINESS WIRE)--Nov. 30, 2000--Enerplus (TSE:ERF.G. - news; NYSE:ERF - news)

As a result of the sustained strength of both crude oil and natural gas prices and the resulting increase in revenues to the Fund, Enerplus is pleased to announce that the monthly cash distribution rate has been increased from Cdn. $0.30 (thirty Canadian cents) per Unit to Cdn. $0.35 (thirty-five Canadian cents) per Unit.

In addition, a supplemental amount of Cdn. $0.05 (five Canadian cents) will also be paid for the month, resulting in a total cash distribution payment for December of Cdn. $0.40 (forty Canadian cents) per Unit. This distribution will be paid on the 20th day of December, 2000 to all Unitholders of record on the 10th day of December, 2000.

Enerplus Resources Fund's new trailing twelve month distributions paid totals $4.58 per unit.

Christina S. Meeuwsen Secretary Enerplus Resources Corporation On behalf of Enerplus Resources Fund

--------------------------------------------------------------------------------
Contact:

Jo-Anne Caza, Investor Relations at 1-800-319-6462
e-mail investorrelations@enerplus.com.