Canadian Equipment Rental Fund Limited Partnership Announces Distribution of $0.06 per Unit

Calgary - The board of directors of the general partner for Canadian Equipment Rental Fund Limited Partnership announces they have approved a cash distribution to the Partnership unitholders of $0.06 per unit for the fourth quarter of 2010. This represents $0.24 per unit on an annualized basis. Payment will be made on or about January 7, 2011, to unitholders of record as of the close of business on December 20, 2010.

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