Energy Plus Income Trust

Energy Plus Income Trust

May 20, 2005 16:14 ET

Energy Plus Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - May 20, 2005) - Energy Plus Income Trust (TSX:EPF.UN) reports the distribution to unitholders of record at the close of business on May 31, 2005 and payable June 15, 2005 is $0.0833 Cdn per unit.

In accordance with the Fund's distribution policy, the Fund will pay monthly distributions based upon the distributions received less expenses incurred during the month.

As at May 19, 2005, the Fund's net asset value was $9.28 Cdn per unit. The current portfolio consists of 89% oil & gas royalty trusts, 3% oil & gas service trusts, 5% oil & gas corporations and 3% cash and cash equivalents.

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