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Press release from Business Wire

Cenovus to present at UBS Global Oil and Gas Conference

Wednesday, May 23, 2012

Cenovus to present at UBS Global Oil and Gas Conference11:24 EDT Wednesday, May 23, 2012 CALGARY, Alberta (Business Wire) -- Ivor Ruste,CenovusExecutive Vice-President & Chief Financial Officer, will be presenting at the UBS Oil and Gas Conference on Thursday, May 24, 2012, at 9 a.m. MT (10 a.m. CT) in Austin, Texas. The presentation will include information detailing the company's oil sands assets and future growth opportunities. The webcast link will be available via Cenovus's website, www.cenovus.com or via the following URL: http://cc.talkpoint.com/ubsx001/052112a_im/?entity=25_WROTSX2 Cenovus Energy Inc.Cenovus Energy Inc. is a Canadian, integrated oil company. It is committed to applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface. The company also has established natural gas and oil production in Alberta and Saskatchewan and 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. Its enterprise value is approximately $28 billion. For more information, visit www.cenovus.com. CENOVUS CONTACTS:Investors:Susan GreyDirector, Investor Relations403-766-4751Graham IngramSenior Analyst, Investor Relations403-766-2849Bill StaitSenior Analyst, Investor Relations403-766-6348Media:Rhona DelFrariDirector, Media Relations403-766-4740Reg CurrenSenior Advisor, Media Relations403-766-2004