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Sentry Select Capital Inc. announces distribution to unitholders and the termination of Oil Sands Split Trust

TORONTO: Sentry Select Capital Inc. (“Sentry”), the administrator of Oil Sands Split Trust (the “Trust”), announces the termination of the Trust effective September 15, 2010, in accordance with the terms of the Trust’s Amended and Restated Trust Agreement dated April 30, 2007.

Sentry has distributed $108.304 per Capital Unit and $17.00 plus accrued interest ($0.36125) per Preferred Security to those securityholders of record who elected to receive cash at the close of business on Wednesday, September 15, 2010. Those security holders electing to receive units of Canadian Oil Sands Trust (TSX: COS.UN) (“COS”) received approximately 4.90415 units of COS as well as approximately $0.601929 in cash for each Combined Security (consisting of a Capital Unit and a Preferred Security) of the Trust tendered.

Sentry Investments: Sentry Investments is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships, closed-end trusts and other alternative investments, covering a variety of domestic and global mandates.

Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (