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At Enerplus, we're focused on creating long-term value for our shareholders through a disciplined, returns-based capital allocation strategy and a commitment to safe, responsible operations.

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News Releases


Enerplus announces executive appointments

November 4, 2008
    TSX:  ERF.UN
    NYSE: ERF

    CALGARY, Nov. 4 /CNW/ - Mr. Gordon J. Kerr, President & Chief Executive
Officer of Enerplus Resources Fund ("Enerplus") is pleased to announce the
appointments of Mr. Robert Kehrig to the position of Vice-President, Resource
Development and Mr. Ken Young to the position of Vice-President, Land.
    Mr. Kehrig joined Enerplus in 2002 as Manager of Business Development and
has been a key contributor in all of our acquisition activities over that
period. With over 25 years of diverse experience in the oil and gas industry,
particularly reservoir engineering, Mr. Kehrig will have executive
responsibility for coordinating our corporate efforts to identify and capture
resource play opportunities as well as screening and evaluating larger
acquisition opportunities with embedded resource play potential. Mr. Kehrig
holds a Bachelor of Engineering degree (Great Distinction) and a Master of
Science degree in Mechanical Engineering from the University of Saskatchewan.
    Mr. Young is a seasoned Land Professional with over 25 years of direct
land experience. He started his career at Imperial Oil and held positions of
increasing responsibility over his 13 year tenure. From there, Mr. Young held
the position of Vice President of Land at a junior oil and gas company for
over 10 years and also consulted to a variety of oil and gas clients. His
primary focus will be on Canadian operations and will work closely with the
conventional and oil sands teams as well as the Resource Development team.
Mr. Young holds a Bachelor of Commerce degree from Mount Allison University in
New Brunswick.
    We congratulate Mr. Kehrig on his promotion and welcome Mr. Young to
Enerplus. These positions will be instrumental in helping to build a stronger
foundation for the future of Enerplus. Their prior experience and expertise
will enhance our ability to pursue opportunities to capture even greater value
from oil and gas assets.
    .

    Gordon J. Kerr
    President & Chief Executive Officer
    Enerplus Resources Fund

    Except for the historical and present factual information contained
herein, the matters set forth in this news release, including words such as
"expects", "projects", "plans" and similar expressions, are forward-looking
information that represents management of Enerplus' internal projections,
expectations or beliefs concerning, among other things, future operating
results and various components thereof or the economic performance of
Enerplus. The projections, estimates and beliefs contained in such
forward-looking statements necessarily involve known and unknown risks and
uncertainties, which may cause Enerplus' actual performance and financial
results in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking
statements. These risks and uncertainties include, among other things, those
described in Enerplus' filings with the Canadian and U.S. securities
authorities. Accordingly, holders of Enerplus Trust Units and potential
investors are cautioned that events or circumstances could cause results to
differ materially from those predicted.

    %CIK: 0001126874

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