ARC Resources Ltd./ARC Energy Trust Announce the January 2010 increase to the ARX Exchangeable Shares Exchange Ratio

CALGARY, Feb. 1 /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 2.73316 to 2.74640. Such increase will be effective on February 15, 2010.

The following are the details on the calculation of the exchange ratio:

    <<
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                                    10 day
    Record                         weighted               Effective
    date of                        average                  date
      ARC              ARC Energy  trading                 of the   Exchange
    Energy               Trust     price of     Increase  increase  ratio as
     Trust    Opening   distrib-  AET.UN (prior    in        in        of
    distrib-  exchange   ution     to the end   exchange  exchange  effective
    ution      ratio    per unit  of the month) ratio (xx)  ratio     date
    -------------------------------------------------------------------------
    January                                               February
     29, 2010  2.73316   $0.10      $20.6402     0.01324   15, 2010  2.74640
    -------------------------------------------------------------------------

    (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.

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    ARC RESOURCES LTD.
    John P. Dielwart,
    Chief Executive Officer
    >>

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