Company Taken Over

Effective January 20th 2010, Enerflex Systems Income Fund was acquired by Toromont Industries Inc. Toromont offered Enerflex unitholders the choice of $14.25 in cash or 0.5382 of a Toromont common share plus $0.05 in cash per unit, in each case subject to pro ration. Unitholders who elected the cash alternative will receive $14.25 in cash for each unit deposited and those who elected the share alternative will receive .3541 of a common share of Toromont and $4.907 in cash for each unit deposited.