Suncor Energy shareholders approve all resolutions at Annual Meeting



    New Chairman of Board of Directors named

    CALGARY, April 26 /CNW/ - Suncor Energy Inc. today held its annual and
special meeting of shareholders in Calgary. The meeting was attended by
approximately 200 in person, with an additional 250 joining in the webcast. A
total of approximately 344 million shares (approximately 75% of outstanding
common shares) were represented in person or by proxy.
    During business proceedings at the meeting, shareholders approved the
following resolutions:

    
    1.  The appointment of PricewaterhouseCoopers LLP as Suncor's auditors.

    2.  The appointment of 11 Board members, including 10 independent
        directors, with shares represented voting in favour of individual
        directors as follows:

        Mel E. Benson              94%
        Brian A. Canfield          99%
        Bryan P. Davies            99%
        Brian A. Felesky           99%
        John T. Ferguson           99%
        W. Douglas Ford            99%
        Richard L. (Rick) George   99%
        John R. Huff               99%
        M. Ann McCaig              99%
        Michael W. O'Brien         91%
        Eira M. Thomas             99%

        Note: the biographies of Board members and further details about
        Suncor's corporate governance practices are available on
        www.suncor.com.

    3.  The approval of amendments to equity compensation plans, with 97% of
        shares represented voting in favour.

    4.  The approval of the stock-based portion of a new employee long-term
        performance incentive plan, with 65% of shares represented voting in
        favour.

    5.  The approval of an amendment to Suncor's by-laws, with 99% of shares
        represented voting in favour.
    

    The text of remarks by Rick George, Suncor president and chief executive
officer and, Ken Alley, senior vice president and chief financial officer, are
available in the newsroom section of www.suncor.com. An archive of the video
webcast of the meeting will be available by 1 p.m., Friday, April 27 at
www.suncor.com/webcasts.
    Following the meeting, the Board of Directors named John Ferguson, a
Suncor director since 1995, as the new chairman. JR Shaw retired as chairman
after nine years of service on Suncor's Board. The Board thanked Mr. Shaw for
his strong leadership during a time of significant growth and change for
Suncor.
    Mr. Ferguson, founder and chairman of the board of Princeton Development
Ltd. and Princeton Ventures Ltd., brings extensive governance experience and
financial expertise to his new role.

    Suncor Energy Inc. is an integrated energy company headquartered in
Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray,
Alberta, extracts and upgrades oil sands and markets refinery feedstock and
diesel fuel, while operations throughout western Canada produce natural gas.
Suncor operates a refining and marketing business in Ontario with retail
distribution under the Sunoco brand. U.S.A. downstream assets include pipeline
and refining operations in Colorado and Wyoming and retail sales in the Denver
area under the Phillips 66(R) brand. Suncor's common shares (symbol: SU) are
listed on the Toronto and New York stock exchanges.
    Suncor Energy (U.S.A.) Inc. is an authorized licensee of the Phillips
66(R) brand and marks in the state of Colorado. Sunoco in Canada is separate
and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc.
of Philadelphia.





For further information:

For further information: Brad Bellows, (403) 269-8717

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