Canadian Oil Sands Trust files its year end continuous disclosure documents

Calgary, AB., March 28, 2008 (TSX – COS.UN) — Canadian Oil Sands Trust (the “Trust”) yesterday filed with Canadian securities authorities the Trust’s Annual Information Form for the year ended December 31, 2007, including disclosure and reports relating to reserves data and other oil and gas information pursuant to National Instrument 51-101. The Trust also filed its audited consolidated annual financial statements and related disclosure documents.  Copies of these filed documents may be obtained through www.sedar.com, the Trust’s website at www.cos-trust.com, or by emailing the Trust at investor_relations@cos-trust.com. 

Canadian Oil Sands Trust is an open-ended investment trust that generates income from its indirect 36.74 per cent working interest in the Syncrude Joint Venture. The Trust currently has approximately 479.4 million units outstanding, which trade on the Toronto Stock Exchange under the symbol COS.UN. The Trust is managed by Canadian Oil Sands Limited.

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Canadian Oil Sands Limited
Marcel Coutu
President & Chief Executive Officer

Units Listed – Symbol: COS.UN
Toronto Stock Exchange
 For further information:

Siren Fisekci
Director, Investor Relations:
(403) 218-6228
investor_relations@cos-trust.com

Web site: www.cos-trust.com

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