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Press release from Marketwire

Canadian Oil Sands Annual General Meeting

Thursday, April 21, 2011

Canadian Oil Sands Annual General Meeting08:00 EDT Thursday, April 21, 2011CALGARY, ALBERTA--(Marketwire - April 21, 2011) - Canadian Oil Sands (TSX:COS) will hold its Annual General Meeting of Shareholders on Thursday, April 28, 2011 at 2:30 p.m. (MDT) in the Ballroom of the Metropolitan Conference Centre, located at 333 Fourth Avenue SW, Calgary, Alberta. The Company's first quarter 2011 results are scheduled to be released after market close the same day.A live audio webcast of the meeting can be accessed from Canadian Oil Sands' website at www.cdnoilsands.com. An archived version of the webcast and presentation material also will be available shortly after the live webcast from the website.The close of business on March 15, 2011 was fixed as the record date for determination of those shareholders entitled to receive notice and to vote at the meeting. If voting by mail, all proxies must be received by Computershare Trust Company no later than 2:30 p.m. (MDT) on Tuesday, April 26, 2011. Canadian Oil Sands Limited holds a 36.74 per cent working interest in the Syncrude joint venture, providing a pure investment opportunity in Syncrude's crude oil producing assets. Syncrude is a major producer of light, sweet, synthetic crude oil with current productive capacity of 350,000 barrels per day, a high-quality, long-life resource base and plans to expand production. For more information about Canadian Oil Sands please visit our web site at www.cdnoilsands.com.Canadian Oil Sands Limited Marcel Coutu, President & Chief Executive OfficerShares Listed – Symbol: COSToronto Stock ExchangeFOR FURTHER INFORMATION PLEASE CONTACT: Siren FisekciCanadian Oil SandsVP, Investor & Corporate Relations(403) 218-6228invest@cdnoilsands.comwww.cdnoilsands.com