Alberta Oilsands Inc. to present at Canadian Oil Sands Summit in Calgary



    
    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
    THE U.S./
    

    CALGARY, Jan. 12 /CNW/ - Alberta Oilsands Inc. (TSXV - AOS) is scheduled
to make a corporate presentation at the 6th Canadian Oil Sands Summit in
Calgary, Alberta on January 13, 2009.
    The presentation by Executive Chairman Shabir Premji will outline some of
Alberta Oilsands' prospects and plans for 2009 and beyond. A copy of the
presentation at 3:15 p.m. MST will be posted on Alberta Oilsands website at
www.aboilsands.ca.

    Alberta Oilsands Inc. is a technically driven, high growth energy company
focused on creating long term sustainable value through the rapid delineation
and development of the oil sands resources located on the its lands.

    
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy and accuracy of this release.
    

    Not for dissemination in the United States of America. This news release
shall not constitute an offer to sell or the solicitation of any offer to buy
securities of the Corporation in any jurisdiction, including the United
States. The common shares of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended (the
"U.S. Securities Act") or any state securities laws and have not been and will
not be offered or sold in the United States or to any U.S. person except in
certain transactions exempt from the registration requirements of the U.S.
Securities Act and applicable state securities laws.

    %SEDAR: 00020297E




For further information:

For further information: Alberta Oilsands Inc., Suite 2800, 350 - 7th
Avenue S.W., Calgary, Alberta, T2P 3N9, Shabir Premji, Executive Chairman, T:
(403) 232-3341, F: (403) 263-6702, spremji@aboilsands.ca; or Chad Dust,
Executive Vice President Finance and Business Development, T: (403) 538-3191,
F: (403) 263-6702, cdust@aboilsands.ca; Company website: www.aboilsands.ca

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ALBERTA OILSANDS INC.

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