ARC Energy Trust Announces Closing of Bought Deal Trust Unit Offering



    
    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
    CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/
    

    CALGARY, Feb. 6 /CNW/ - (AET.UN and ARX - TSX) ARC Energy Trust (the
"Trust") announced today the closing of the previously announced offering of
15,474,400 trust units (including 2,018,400 trust units issued pursuant to the
exercise in full of the over-allotment option granted to the underwriters) at
a price of $16.35 per trust unit for total gross proceeds of approximately
$253 million on a bought deal basis. The syndicate of underwriters was led by
RBC Capital Markets and includes: CIBC World Markets Inc., BMO Capital
Markets, Scotia Capital Inc., TD Securities Inc., FirstEnergy Capital Corp.,
National Bank Financial Inc., Canaccord Capital Corporation, Peters & Co.
Limited, Raymond James Ltd., Thomas Weisel Partners LLC, and Tristone Capital
Inc.
    Net proceeds of approximately $240 million will be used to partially
finance the Trust's 2009 capital expenditure program and positions the Trust
to execute on its expansion plans.
    The securities offered by the Trust have not been, nor will be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold in the United States or to U.S. persons absent
registration or applicable exemption from the registration requirement of such
Act. This release does not constitute an offer for sale of trust units in the
U.S. and any public offering of trust units in the U.S. will be made by means
of a prospectus.

    ARC Energy Trust is one of Canada's largest conventional oil and gas
royalty trusts with an enterprise value of approximately $5 billion. The Trust
expects 2009 oil and gas production to average 64,000 to 65,000 barrels of oil
equivalent per day from six core areas in western Canada. ARC Energy Trust
units trade on the TSX under the symbol AET.UN and ARC Resources exchangeable
shares trade under the symbol ARX.

    Note: Barrels of oil equivalent (boe) may be misleading, particularly if
used in isolation. In accordance with NI 51-101, a boe conversion ratio for
natural gas of 6 mcf:1 bbl has been used, which is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead.

    ADVISORY - In the interests of providing ARC unitholders and potential
investors with information regarding ARC, including management's assessment of
ARC's future plans and operations, certain information contained in this
document are forward-looking statements within the meaning of the "safe
harbour" provisions of the United States Private Securities Litigation Reform
Act of 1995 and the Ontario Securities Commission. Forward-looking statements
in this document include, but are not limited to, ARC's internal projections,
expectations or beliefs concerning future operating results, and various
components thereof; the production and growth potential of its various assets,
estimated total production and production growth for 2009 and beyond; the
sources, deployment and allocation of expected capital in 2009; and the
success of future development drilling prospects. Readers are cautioned not to
place undue reliance on forward-looking statements, as there can be no
assurance that the plans, intentions or expectations upon which they are based
will occur. By their nature, forward-looking statements involve numerous
assumptions, known and unknown risks and uncertainties, both general and
specific, that contribute to the possibility that the predictions, forecasts,
projections and other forward-looking statements will not occur, which may
cause ARC's actual performance and financial results in future periods to
differ materially from any estimates or projections of future performance or
results expressed or implied by such forward-looking statements.

    This news release is not for dissemination in the United States or to any
United States new services. The trust units of ARC have not and will not be
registered under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and may not be offered or
sold in the United States or to any U.S. person except in certain transactions
exempt from the registration requirements of the U.S. Securities Act and
applicable state securities laws.

    ARC ENERGY TRUST

    
    John P. Dielwart,
    President and Chief Executive Officer
    

    %SEDAR: 00001245E          %CIK: 0001029509




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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