Calgary, Nov. 24, 2003 (TSX – COS.UN) — Canadian Oil Sands Trust will be meeting with the investment community in Toronto and Montreal from November 26 to December 1, 2003. Mr. Marcel Coutu, President and Chief Executive Officer of Canadian Oil Sands Limited, manager of Canadian Oil Sands Trust, will discuss Syncrude operations and the Trust’s strategy and outlook for 2003 and 2004. The presentation will be posted on the Trust’s Web site at www.cos-trust.com. 

Mr. Coutu is also scheduled to present at the BMO Nesbitt Burns 2003 Income Trust Conference on December 2 at 11:00 a.m. eastern standard time (9:00 a.m. mountain standard time). The presentation slides and a live audio Web cast will be available on the Trust’s Web site. 

Canadian Oil Sands Trust is an open-ended investment trust that generates income from its 35.49 per cent working interest in the Syncrude Joint Venture. The Trust’s approximately 86.7 million units outstanding trade on the Toronto Stock Exchange under the symbol COS.UN. The Trust is managed by Canadian Oil Sands Limited. 

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