Mr. Ian Dundas reports

ENERPLUS ANNOUNCES $200 MILLION PRIVATE PLACEMENT OF SENIOR NOTES

Enerplus Corp. has entered into agreements for an offering of senior unsecured notes to be issued on a private placement basis to institutional investors in the United States in a principal amount of $200-million (U.S.).

The notes have a 12-year amortizing term with a 10-year average life and a fixed-rate coupon of 3.79 per cent. The notes are unsecured and rank equally with the company's bank credit facility and other outstanding senior notes. Subject to the satisfactory completion of customary closing conditions, the private placement is expected to close on Sept. 3, 2014. Enerplus intends to use the proceeds to repay outstanding bank debt, replacing short-term, floating-interest-rate debt with long-term debt at an attractive fixed interest rate.

Citigroup Global Markets Inc. acted as the exclusive placement agent in connection with the private placement.

We seek Safe Harbor.