Calgary, Feb. 13, 2004 (TSX -- COS.UN) — Mr. Marcel Coutu, President and Chief Executive Officer of Canadian Oil Sands, is scheduled to present at CIBC Capital Market’s 2004 Institutional Investor Conference in Whistler, Canada on February 19 at 1:30 p.m. Pacific time (4:30 p.m. eastern standard time). The presentation slides and a live audio Web cast will be available at Canadian Oil Sands Trust’s Web site, www.cos-trust.com.

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. Syncrude is one of the largest participants in the expanding development of Alberta’s oil sands, a vast resource that rivals the crude oil reserves of Saudi Arabia. The Trust’s approximately 87.2 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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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