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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (11337)6/19/1998 5:01:00 PM
From: SofaSpud  Read Replies (1) | Respond to of 15196
 
ENERGY TRUSTS / Enerplus Distribution

ENERPLUS RESOURCES FUND - MONTHLY CASH DISTRIBUTION NOTICE

CALGARY, June 19 /CNW/ - Notice is hereby given that a cash distribution
at the rate of $0.0300 (three cents) per unit will be payable on July 15,
1998, to all unitholders of record at the close of business on July 1, 1998.
The payment represents a reduction in the Fund's regular monthly cash
distributions necessitated by current low crude oil prices. The revised
distribution level is consistent with Enerplus' previous distribution
forecasts and current analyst research. Consequently, the new trailing last
twelve month distribution paid totals $0.57 (fifty-seven cents) per Unit.

-30-
For further information: Christina S. Meeuwsen, Secretary, (403)
298-2200; Fax: (403) 298-2211