Enerplus Resources Fund

As of December 24, 2008

Enterprise Value: CDN $4.7 Billion

Units Outstanding: 165.3 Million

2009 Daily Production Outlook: 91,000 BOE/day � 58% natural gas 42% crude oil & natural gas liquids

Reserve Life Index: 14.0 Years

Commodity Prices: WTI CRUDE OIL, NYMEX

Debt to Cash Flow: 0.4x

Capital Spending: 2009 Budget $300 million

Price to Cash Flow: 3.8x

Monthly Distributions: CDN $0.25/unit/month

Last updated: December 24, 2008