Sentry Select Capital Corp.

Sentry Select Capital Corp.
Oil Sands Split Trust
TSX : OST.PR.A
TSX : OST.UN

Oil Sands Split Trust

November 18, 2008 15:11 ET

Oil Sands Split Trust (TSX:OST.UN and OST.PR.A) Announces Distributions for Fourth Quarter 2008

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2008) - Oil Sands Split Trust (TSX:OST.UN)(TSX:OST.PR.A) (the "Trust") announces a decrease in the quarterly distribution from $6.50 per Capital Unit to $3.50 per Capital Unit payable on December 15, 2008 to unitholders of record on November 28, 2008; and a quarterly interest payment of $0.36125 per Preferred Security payable on December 15, 2008 to securityholders of record on December 3, 2008. The recent decrease in distributions by Canadian Oil Sands Trust, in which the Trust's capital units must invest, has resulted in the Trust decreasing distributions for the fourth 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. is a Canadian wealth management company that manages approximately $5.5 billion in gross assets as of September 30, 2008. The company offers a diverse range of investment products including closed-end trusts, mutual funds, hedge funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to Sentry Select. The forward-looking statements are not historical facts but reflect Sentry Select's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the ability of Sentry Select to pay the distribution on the date specified. Although Sentry Select believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry Select undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.



Sentry Select Capital Corp.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615


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