Energy Plus Income Trust

Energy Plus Income Trust

March 30, 2005 14:11 ET

CORRECTION FROM SOURCE: Energy Plus Income Trust: 2004 Income Tax Information


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ENERGY PLUS INCOME TRUST

TSX SYMBOL: EPF.UN

MARCH 30, 2005 - 14:11 ET

CORRECTION FROM SOURCE: Energy Plus Income Trust: 2004
Income Tax Information

CALGARY, ALBERTA--(CCNMatthews - March 30, 2005) - The following
information is intended to assist holders of Units of Energy Plus Income
Trust (TSX:EPF.UN) (the "Trust") in the preparation of their 2004 Income
Tax Return. This summary table below is directed to a Unitholder who,
for the purposes of the Income Tax Act (Canada) is a resident of Canada
and holds the Units as capital property. Please note that these numbers
have been revised from the numbers previously issued on March 15, 2005.



Record Capital Return of Total
Date Pay Date Income Dividends Gain Capital Distribution

30-Nov-04 15-Dec-04 $ 0.0007 $ 0.0001 $ 0.0142 $ 0.0250 $ 0.0400
31-Dec-04 14-Jan-05 $ 0.0010 $ 0.0001 $ 0.0195 $ 0.0344 $ 0.0550
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$ 0.0017 $ 0.0002 $ 0.0337 $ 0.0594 $ 0.0950
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Each Unitholder will receive a T3 supplementary slip for 2004 that will
indicate the amount of "Other Income" - Box 26 ,"Dividends" - Box 23 and
"Capital Gains" - Box 21 that are to be included in their tax return.
The dividends will be subject to the standard gross-up and federal
dividend tax credit rules. The T3 supplementary slips are prepared by
Computershare Trust Company of Canada and/or investment dealers. As a
result of this amendment, Unitholders should expect to receive a revised
T3 supplementary slip from investment dealer directly.

The return of capital to the Unitholder is a non-taxable amount and will
reduce the Adjusted Cost Base of the Unitholder's Units.

If the Units were held within a RRSP, DPSP, or RRIF, then no T3 slip
will be received and no amount would be required to be reported on the
Unitholder's personal tax return.

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