Canadian Oil Sands Trust (TSX: COS.UN)
           Peters & Co. Limited 2003 North American Oil & Gas Conference
           September 17, 2003 15:30 ET

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For further information: Allen R. Hagerman, Chief Financial Officer, Siren Fisekci, Manager, Investor Relations, Canadian Oil Sands Trust, Ph: (403) 218-6200, Fax: (403) 218-6201, Email: investor_relations@cos-trust.com, Website: www.cos-trust.com; To request a free copy of this organization's annual report, please go to http://www.newswire.ca and click on reports@cnw.