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Canadian Oil Sands Trust meets with investment community

05/24/2005


Calgary, May 24, 2005 (TSX – COS.UN) —Canadian Oil Sands Trust is scheduled to present at the following conferences:

• Mr. Ryan Kubik, Treasurer, Canadian Oil Sands, is scheduled to present at the BMO Nesbitt Burns Energy Trust Conference in Toronto, Canada on June 2 at approximately 4:00 p.m. eastern standard time

• Mr. Marcel Coutu, President and Chief Executive Officer, Canadian Oil Sands, and Mr. Charles Ruigrok, Chief Executive Officer, Syncrude Canada Ltd., are scheduled to present at the CAPP Oil & Gas Investment Symposium in Calgary, Canada on June 15 at approximately 9:55 a.m. mountain standard time.

Webcasts and copies of the presentation will be available at Canadian Oil Sands Trust’s Web site: http://www.cos-trust.com/investor/invPresent.aspx.

Canadian Oil Sands Trust is an open-ended investment trust that generates income from its indirect 35.49 per cent working interest in the Syncrude Joint Venture. The Trust currently has approximately 91.7 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