Canadian Warrants

August, 2009, warrants and August, 2010, warrants are being issued to holders of outstanding trust units of the trust of record as at the close on Oct. 7, 2008, on the basis of one whole August, 2009, warrant and one whole August, 2010, warrant for each whole unit held. A total of 2,173,116 August, 2009, warrants and a total of 2,173,116 August, 2010, warrants will be issued. Each August, 2009, warrant entitles the holder thereof to purchase one unit of the trust at a price of $7.55 per unit on May 1, 2009, at 4 p.m. or at a price of $7.57 per unit at 4 p.m. on the last business day of each month starting on May 29, 2009, until Aug. 31, 2009. Each August, 2010, warrant entitles the holder thereof to purchase one unit at a price of $7.60 per unit on May 3, 2010, or at a price of $7.65 per unit at 4 p.m. on the last business day of each month starting on May 31, 2010, until Aug. 31, 2010. August, 2009, warrants and August, 2010, warrants not exercised by the August, 2009, warrant second expiry time and the August, 2010, warrant second expiry time, respectively, will be void and of no value.

At the August, 2009, warrant second expiry time and August, 2010, warrant second expiry time, respectively, holders of the August, 2009, warrants and August, 2010, warrants who fully exercise all of their warrants may also subscribe pro rata for additional units not subscribed for, if any, on the basis set forth on page 15 of the trust's short form prospectus dated Aug. 28, 2008.

The August, 2009, warrants and August, 2010, warrants are fully transferable and will be evidenced by a global warrant certificate registered in the name of CDS Clearing and Depository Services Inc. or its nominee. August, 2009, warrants and August, 2010, warrants must be exercised and transferred and units must be purchased, transferred and surrendered for retraction or redemption through a CDS participant. Upon the exercise of the August, 2009, warrants and August, 2010, warrants, the trust will pay a fee of 20 cents per August, 2009, warrants and August, 2010, warrants to the dealer whose client is exercising the August, 2009, warrants or August, 2010, warrants.

The August, 2009, warrants and August, 2010, warrants are each governed by the terms of warrant indentures dated Aug. 28, 2008, between the trust and Computershare Trust Co. of Canada. The warrant indentures provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

Please see elsewhere in today's bulletins for information regarding the distribution to unitholders of the trust.