ARC Resources Ltd./ARC Energy Trust Announce the June 2008 increase to the ARX Exchangeable Shares Exchange Ratio



    CALGARY, June 2 /CNW/ - (AET.UN and ARX - TSX) ARC Resources Ltd. along
with ARC Energy Trust announces the increase to the exchange ratio of the
exchangeable shares of the corporation from 2.34894 to 2.36758.  Such increase
will be effective on June 16, 2008.  The following are the details on the
calculation of the exchange ratio:

    
    -------------------------------------------------------------------------
                                  10 day
                                  weighted
                                  average
    Record                        trading                Effective
    date of             ARC       price of               date of
    ARC                 Energy    AET.UN                 the        Exchange
    Energy              Trust     (prior to  Increase    increase   ratio as
    Trust     Opening   distrib-  the end    in          in         of
    distrib-  exchange  ution     of the     exchange    exchange   effective
    ution     ratio     per unit  month)     ratio (xx)  ratio      date
    -------------------------------------------------------------------------
    May 31,   2.34894   $0.24     $30.2471   0.01864     June 16,   2.36758
    2008                                                 2008
    -------------------------------------------------------------------------

    (xx) The increase in the exchange ratio is calculated by dividing the ARC
         Energy Trust distribution per unit by the 10 day weighted average
         trading price of AET.UN and multiplying by the opening exchange
         ratio.
    

    A holder of ARC Resources Ltd. exchangeable shares can exchange all or a
portion of their holdings at any time by giving notice to their investment
advisor or Computershare Investor Services at its principal transfer office in
Suite 600, 530 - 8th Avenue SW, Calgary, Alberta, T2P 3S8, their telephone
number is 1-800-564-6253 and their website is www.computershare.com.

    ARC RE

SOURCES LTD. John P. Dielwart, President and Chief Executive Officer

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., 2100, 440 - 2nd Avenue S.W., Calgary, AB,
T2P 5E9


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