Calgary, July 4, 2005 (TSX -- COS.UN) — Mr. Marcel Coutu, President and Chief Executive Officer of Canadian Oil Sands, is scheduled to present at TD Newcrest and TD Securities’ 3rd Annual Oil Sands and CBM Forum in Calgary, Alberta on July 7, 2005 at approximately 8:15 a.m. mountain standard time

The presentation will include a review of Syncrude’s current operations and future growth plans. The presentation slides and speaker notes 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 91.9 million units outstanding, which trade on the Toronto Stock Exchange under the symbol COS.UN. The Trust is managed by Canadian Oil Sands Limited.

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