Re: ARC Energy Fund 5's Holdings in Ember Resources Inc.

    CALGARY, Jan. 9 /CNW/ - ARC Equity Management (Fund 5) Ltd. (as the
general partner of ARC Energy Fund 5 Canadian Limited Partnership, ARC Energy
Fund 5 United States Limited Partnership and ARC Energy Fund 5 International
Limited Partnership, collectively "ARC Energy Fund 5") of Calgary, Alberta
announced that ARC Energy Fund 5 has acquired 255,000 common shares of Ember
Resources Inc. ("Ember") through purchases on the Toronto Stock Exchange
representing approximately 0.7% of the current outstanding Ember common
shares. As a result, ARC Energy Fund 5 exercises control or direction over an
aggregate of 3,809,500 common shares of Ember, representing approximately
10.6% of the current outstanding common shares.

    ARC Energy Fund 5 is an investment fund specializing in the energy
sector. Its general partner is ARC Equity Management (Fund 5) Ltd., part of
the ARC Financial Group of companies. Although ARC Energy Fund 5 may make
further purchases of common shares of Ember on the Toronto Stock Exchange or
through private purchases, such purchases will be made for investment
    This press release has been issued in order to comply with applicable
securities legislation.

For further information:

For further information: or a copy of the securities report contact:
Lauchlan Currie, President, ARC Equity Management (Fund 5) Ltd., 4300, 400 -
3rd Avenue S.W., Calgary, Alberta, Telephone: (403) 292-0680, Fax: (403)

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