Dominion Equity Resource Fund Inc. - Change of Officers



    CALGARY, Oct. 1 /CNW/ - Brickburn Asset Management Inc. ("Brickburn"),
manager of Dominion Equity Resource Fund Inc. ("Dominion"), and the Board of
Directors of Dominion are pleased to announce that William ("Bill") Koenig,
CFA, CMA has recently joined Brickburn as a Managing Director and has been
appointed President of Dominion. Bill's portfolio management responsibilities
with Brickburn will include management of Dominion's Canadian energy
portfolio. Throughout Bill's 20 year career he has always been involved in the
Canadian energy industry as an accounting professional, a research analyst, an
investment banker, and most recently, as the Chief Investment Officer for a
local fund manager that specialized in managing portfolios similar to the
Dominion portfolio.
    In addition to Mr. Koenig's appointment, the Board of Directors of
Dominion is pleased to announce that William D. Bonner has been appointed
Chairman of Dominion. Mr. Bonner, who also serves as President of Brickburn,
stated, "We are delighted that a portfolio manager with Bill Koenig's
credentials has joined our team. Bill's ongoing search for unrecognized value
in the Canadian energy sector compliments the portfolio management style that
Brickburn has applied to the Dominion portfolio. Energy markets have been
challenging and Bill's fresh approach should prove to be a significant benefit
to Dominion's shareholders. We are also excited about the value Bill will add
to development of Dominion's multi-class fund structure."
    The Board of Directors of Dominion would also like to thank Mr. Dean
Prodan, retiring Chairman, for his contribution to Dominion over the last 10
years.




For further information:

For further information: William D. Bonner, Dominion Equity Resource
Fund Inc., Tel: (403) 303-4488, Fax: (403) 303-4489, Email:
dominion@brickburn.com; www.dominionequity.com

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DOMINION EQUITY RESOURCE FUND INC.

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