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Total Return per Year

Calculated using unit prices at December 31 plus or minus capital appreciation or depreciation and the total cash distributions paid during the period. Distributions to U.S. unitholders are converted to U.S. dollars on the applicable payment date. Amounts shown are prior to any amounts deducted for Canadian withholding tax. As Enerplus became listed on the NYSE in November of 2000, returns and cash distributions paid in U.S. dollars are reflected for all subsequent years only.



DISTRIBUTION REINVESTMENT AND UNIT PURCHASE PLAN

Enerplus Resources Fund offers a convenient method for Canadian residents to reinvest cash distributions or invest additional funds into new trust units with the Distribution Reinvestment and Unit Purchase Plan ("the Plan").

Benefits of the Plan include:

• Existing unitholders can purchase new units of the Fund each month by automatically reinvesting cash distributions.
• Participants receive a 5% discount off the purchase price when reinvesting cash distributions.
• Current unitholders can also make optional cash payments each month to purchase additional units. The optional cash payments can be a minimum of $250 up to a maximum of $5,000, or the amount of cash distributions received each month.
• No commissions, service charges or brokerage fees are payable in conjunction with the Plan.