Effective with the April 2014 dividend payment described above, Enerplus has elected to eliminate the 5% discount applied to determine the number of shares issued pursuant to the Stock Dividend Program ("SDP"). Until otherwise announced by Enerplus, the number of new shares issued through the SDP will be based upon the weighted average trading price of Enerplus' shares on the Toronto Stock Exchange for the five trading day period immediately prior to the applicable dividend payment date. Ian C. Dundas President & Chief Executive Officer Enerplus Corporation Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans" and similar expressions, are forward-looking information that represents management of Enerplus' internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Enerplus.