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Press release from CNW Group

ARC Resources Ltd./ARC Energy Trust Announce the November 2010 increase to the ARX Exchangeable Shares Exchange Ratio, Series A & B

Wednesday, December 01, 2010

ARC Resources Ltd./ARC Energy Trust Announce the November 2010 increase to the ARX Exchangeable Shares Exchange Ratio, Series A & B12:44 EST Wednesday, December 01, 2010CALGARY, Dec. 1 /CNW/ - (AET.UN and ARX.A - TSX) ARC Resources Ltd. along with ARC Energy Trust announces the increase to the exchange ratio of the exchangeable shares, series A & B of the corporation from 2.86759 to 2.87972. Such increase will be effective on December 15, 2010.The following are the details on the calculation of the exchange ratio: << ------------------------------------------------------------------------- 10 day weighted average Effective Record date ARC trading date of of ARC Energy price of the Exchange Energy Trust AET.UN Increase increase ratio as Trust Opening distri- (prior to in in of distri- exchange bution the end of exchange exchange effective bution ratio per unit the month) ratio(xx) ratio date ------------------------------------------------------------------------- November 30, December 15, 2010 2.86759 $0.10 $23.6325 0.01213 2010 2.87972 ------------------------------------------------------------------------- (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, series A & B 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. << ARC RESOURCES LTD. John P. Dielwart, Chief Executive Officer >>%SEDAR: 00015954E %CIK: 0001029509For further information: about ARC Energy Trust, please visit our website www.arcenergytrust.com or contact: Investor Relations, E-mail: ir@arcresources.com, Telephone: (403) 503-8600, Fax: (403) 509-6417, Toll Free 1-888-272-4900, ARC Resources Ltd., Suite 1200, 308 - 4th Avenue S.W., Calgary, AB, T2P 0H7