Oil Sands Split Trust (TSX: OST.UN and OST.PR.A) announces increased distributions for fourth quarter 2007
TORONTO: Oil Sands Split Trust is pleased to announce a quarterly distribution of $2.23 per Capital Unit payable on December 17, 2007 to unitholders of record on November 30, 2007; and a quarterly interest payment of $0.36125 per Preferred Security payable on December 17, 2007 to unitholders of record on December 5, 2007. The distribution of $2.23 per Capital Unit represents a $0.58 increase from the previous quarter.Oil Sands Split Trust: Oil Sands Split Trust offers investors both Preferred Securities and Capital Units. The Trust holds units of Canadian Oil Sands Trust in order to fund quarterly fixed interest payments on the Trust’s Preferred Securities and to enable the holders of the Trust’s Capital Units to participate in any capital appreciation in the Canadian Oil Sands units and to benefit from any increase in the distributions paid on those units.Sentry Select Capital Corp.: Sentry Select Capital Corp. (“Sentry Select”) is a Canadian wealth management company that manages approximately $8 billion in gross assets as of October 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the manager and/or advisor to more Toronto Stock Exchange-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 firstname.lastname@example.orgThis news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Trust, including the potential for future distributions. These statements reflect Sentry Select’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.
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