Oil Sands Sector Fund and Markland AGF Precious Metals Corp Announce Portfolio Management Changes

    Industry Veteran Bob Farquharson Leads New Teams

    TORONTO, Jan. 29 /CNW/ - (TSX:OSF.UN TSX:MPM TSX:MPM.WT) - Oil Sands
Sector Fund and Markland AGF Precious Metals Corp. (the "Funds") announced
today that W. Robert Farquharson, Director and Vice-Chairman of AGF Funds Inc.
("AGF"), Investment Advisor to the Funds, will assume full portfolio
management responsibilities for the Funds, effective immediately.
    Mr. Farquharson has over four decades of investment management experience
and has been with AGF since 1963. He has been one of the lead managers for the
Funds since inception. He served as Chief Investment Officer until 2005 and
continues as a Director and Vice-Chairman of AGF Management Limited. In
addition, he is Chairman of AGF Asset Management Asia Ltd. and AGF
International Advisors Company Limited.
    AGF has advised the Funds that it is conducting a search to recruit at
least one new investment management professional specializing in Canadian and
global resources to continue to supplement the strength of its investment
management and North American equities teams. Today's announcement follows the
January 25, 2008 resignation of Charles Oliver and Jamie Horvat, who had both
previously worked as portfolio managers for the Funds with Mr. Farquharson at

    For further information please contact your financial advisor or visit
our website at http://www.marklandstreet.com

For further information:

For further information: Media Inquiries, please contact Krista D.
Matheson, Senior Vice President, Markland Street Asset Management Inc.,
Toronto, (866) 412-9182, info@marklandstreet.com

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Oil Sands Sector Fund

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