ARC Energy Trust announces 2009 income tax information

CALGARY, Feb. 1 /CNW/ - (AET.UN and ARX - TSX) ARC Energy Trust ("ARC" or "the Trust") announces its 2009 Income Tax Information to be as follows:

    
    ARC ENERGY TRUST (AET.UN)
    2009 INCOME TAX INFORMATION
    CANADA REVENUE AGENCY (CRA) ACCOUNT NUMBER T16-4073-86
    

The following information is intended to assist individual Canadian unitholders ("Unitholders") of the Trust in the preparation of their 2009 T1 Income Tax Return.

THE INFORMATION CONTAINED HEREIN IS BASED ON ARC ENERGY TRUST'S UNDERSTANDING OF THE INCOME TAX ACT (CANADA) AND THE REGULATIONS THEREUNDER. UNITHOLDERS SHOULD CONSULT THEIR OWN TAX ADVISORS WITH RESPECT TO THEIR PARTICULAR CIRCUMSTANCES.

Legal Status of the Trust:

The Trust is subject to Canadian income tax on a similar basis to that of an individual. The Trust has a December 31 year-end and each year the Trust performs an income tax calculation and allocates its taxable income to unitholders.

Taxation of Cash Distributions:

    
    Trust Units held within an RRSP, RPP, RRIF, RESP, DPSP or TFSA
    --------------------------------------------------------------
    

No amounts are to be reported for income tax purposes in respect of cash distributions received by a Registered Retirement Savings Plan ("RRSP"), Registered Pension Plan ("RPP"), Registered Retirement Income Fund ("RRIF"), Registered Education Savings Plan ("RESP"), Deferred Profit Sharing Plan ("DPSP") or Tax Free Savings Account or any other such registered plans (collectively referred to as "Deferred Plans").

    
    Trust Units held outside of a Deferred Plan
    -------------------------------------------
    

For cash distributions received by a Canadian resident individual outside of a Deferred Plan, 97% of the payments are taxable as income, with the remaining 3% being a tax deferred return of capital. The following table outlines the breakdown of cash distributions per unit paid or payable by the Trust with respect to record dates for the period January 30, 2009 to December 31, 2009 for Canadian Income Tax purposes.

    
    -------------------------------------------------------------------------
                                                              Tax
                                              Taxable    Deferred
                                               Amount      Amount      Total
                                              (Box 26     (Box 42       Cash
                                                Other   Return of     Distri-
    Record Date              Payment Date      Income)    Capital)    bution
    -------------------------------------------------------------------------
    January 30, 2009    February 16, 2009     $0.1164     $0.0036      $0.12
    -------------------------------------------------------------------------
    February 27, 2009      March 16, 2009     $0.1164     $0.0036      $0.12
    -------------------------------------------------------------------------
    March 31, 2009         April 15, 2009     $0.1164     $0.0036      $0.12
    -------------------------------------------------------------------------
    April 30, 2009           May 15, 2009     $0.1164     $0.0036      $0.12
    -------------------------------------------------------------------------
    May 29, 2009            June 15, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    June 30, 2009           July 15, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    July 31, 2009         August 17, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    August 31, 2009    September 15, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    September 30, 2009   October 15, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    October 30, 2009    November 16, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    November 30, 2009   December 15, 2009     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    December 31, 2009    January 15, 2010     $0.0970     $0.0030      $0.10
    -------------------------------------------------------------------------
    Total                                     $1.2416     $0.0384      $1.28
    -------------------------------------------------------------------------
    

Unitholders who held their Trust Units outside of a Deferred Plan, through a broker or other intermediary and received cash distributions during the period, will receive "T3 Supplementary" slips directly from their broker or intermediary, not from the transfer agent or the Trust.

Registered Unitholders of Trust Units who received cash distributions during the period from the transfer agent, Computershare Trust Company of Canada, (and not from a broker or intermediary), will receive "T3 Supplementary" slips directly from Computershare Trust Company of Canada. While Computershare Trust Company of Canada will strive to issue these information slips as soon as possible, the deadline for mailing all T3 Supplementary Information slips as required by Canada Revenue Agency is March 31, 2010.

Tax upon the disposition of Royalty Trust Units:

The portion of the distributions deemed a return of capital will reduce the Unitholder's adjusted cost base ("ACB") of their units. The ACB of the units is required in the calculation of a capital gain or capital loss (assuming the units are capital property of the Unitholder) upon the disposition or deemed disposition of the Trust units. Unitholders should maintain a record of all distributions that are classified as partially or entirely as a return of capital while holding ARC Energy Trust units. For investors in the $10.00 per unit initial public offering in July 1996, the ACB of units still held as at December 31, 2009, is $3.10 per unit taking into account the return of capital of $6.86 in 1996 through to 2008 and $0.04 in 2009.

    
    ARC ENERGY TRUST

    John P. Dielwart,
    Chief Executive Officer
    

%SEDAR: 00015954E %CIK: 0001029509

SOURCE ARC Resources Ltd.

For further information: For further information: For further information about ARC Energy Trust, please visit our website www.arcenergytrust.com or contact: Investor Relations, E-mail: ir@arcresources.com, Telephone: (403) 503-8600, Fax: (403) 509-6417, Toll Free 1-888-272-4900, ARC Resources Ltd., Suite 2100, 440 - 2nd Avenue S.W., Calgary, AB, T2P 5E9


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