Canadian Oil Sands Trust Annual and Special Meeting

    CALGARY, April 27 /CNW/ - (TSX - COS.UN) - Canadian Oil Sands Trust plans
to release its first quarter 2009 results and hold its annual and special
meeting of Unitholders on Wednesday, April 29, 2009 at 2:30 p.m. (mountain
daylight time) in the Ballroom of the Metropolitan Conference Centre, located
at 333 Fourth Avenue SW, Calgary, Alberta.
    A live audio Web cast of the meeting can be accessed from Canadian Oil
Sands' Web site at: An archived version of the Web
cast and presentation material also will be available shortly after the live
Web cast from the Web site.
    The close of business on March 10, 2009 was fixed as the record date for
determination of those Unitholders entitled to receive notice and to vote at
the meeting. All proxies must be received by Computershare Trust Company no
later than 2:30 p.m. (mountain daylight time) on Tuesday, April 28, 2009.

    Canadian Oil Sands provides a pure investment opportunity in the Syncrude
Project through its 36.74 per cent working interest. The Trust is an
open-ended investment trust managed by Canadian Oil Sands Limited and has
approximately 483.2 million units outstanding, trading on the Toronto Stock
Exchange under the symbol COS.UN.

    Located near Fort McMurray, Alberta, Syncrude Canada operates large
oil-sands mines and an upgrading facility that produces a light, sweet crude
oil on behalf of its joint venture owners, which include Canadian Oil Sands
Limited, ConocoPhillips Oilsands Partnership II, Imperial Oil Resources, Mocal
Energy Limited, Murphy Oil Company Ltd., Nexen Oil Sands Partnership, and
Petro-Canada Oil and Gas.

    Canadian Oil Sands Limited
    Marcel Coutu
    President & Chief Executive Officer

    Units Listed - Symbol: COS.UN
    Toronto Stock Exchange

For further information:

For further information: Siren Fisekci, Director, Investor Relations:
(403) 218-6228,, Web site:

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