Scott T. Greenshields

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.

Canadian Oil Sands Trust is the definitive investment in the oil sands. With a 36.74% interest in the Syncrude Project, they are the only pure play on an asset that epitomizes the best attributes of an oil sands investment: high-quality leases, a track record of successful operations, a sustainable approach to the development of long-life resource and a product -high-quality, light, sweet crude oil - that is essential to the global economy. As an open-ended investment trust, Canadian Oil Sands has been generating income from its Syncrude interest for their investors since 1995. It is headquartered in Calgary, Canada.