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## CoMpAnY InteRest hIstoRIC FD&A Costs (1) 

<img src='content_image/280524.jpg'>

(1) Additional information on reserves is available in the Annual information form and in the february 10, 2011 news release titled “Arc resources ltd. 2010 y ear-end reserves increase by 29 per cent”. 

## RESERvES RECOnCILIATIOn – COMPAnY InTEREST (1) 

<img src='content_image/280525.jpg'>

(1) Additional information on reserves is available in the Annual information form and in the february 10, 2011 news release titled “Arc resources ltd. 2010 year-end reserves increase by 29 per cent”. 

