Petro-Canada

NYSE : PCZ
TSX : PCA


Petro-Canada

June 11, 2008 09:01 ET

PETRO-POINTS Teams Up with CAA to Help Members Earn Points Faster

MISSISSAUGA, ONTARIO--(Marketwire - June 11, 2008) - What's better than being a PETRO-POINTS member and a CAA member? Becoming a joint member of both, of course. PETRO-POINTS and CAA are therefore pleased to announce a new initiative that will mean greater rewards for drivers in Ontario.

"This is a great opportunity to help people to get more out of their memberships," said Phil Churton, vice-president, Marketing, Petro-Canada. "By signing up as a joint PETRO-POINTS and CAA member, you get the benefits of both programs, plus the opportunity to earn PETRO-POINTS faster than before."

"We are very excited to launch this new member benefit program with PETRO-POINTS" said Nick Parks CEO of CAA South Central Ontario. "Along with the other two Ontario CAA Clubs, CAA North & East and CAA Niagara, we have been actively seeking a retail petroleum partner, and in developing this new program with PETRO-POINTS, we feel that we will deliver tremendous new value to our members."

Benefits of a joint PETRO-POINTS Membership:

  • Earn 20% more PETRO-POINTS on all fuel and convenience purchases at Petro-Canada retail stations
  • Instantly earn 1000 bonus points upon registration as a joint CAA and PETRO-POINTS member
  • The ability to exchange PETRO-POINTS for CAA dollars or redeem your PETRO-POINTS for a CAA Membership

Registration details on how to become a joint PETRO-POINTS and CAA member can be found at http://www.petro-points.com/ or by calling 1-800-668-0220. The offer is valid in Ontario only.

About CAA

CAA is a not-for-profit, trusted, member-driven organization that delivers quality automotive, travel, insurance, advocacy and associated products and services providing peace of mind, safety and value. The CAA began as a motoring league in 1903 and has evolved to become the largest motoring club in the country. There are currently close to 2.2 million CAA members in Ontario and 4.8 million members in Canada.

About PETRO-POINTS

Initially launched as Canada's first proprietary gasoline loyalty program in 1995, PETRO-POINTS has evolved into a multi-faceted program with a large and active membership base. PETRO-POINTS' millions of members can shop and earn PETRO-POINTS in a variety of ways: on convenience products, car wash and fuel purchases made at Petro-Canada; anywhere they shop with a Citi(TM) PETRO-POINTS MasterCard(R) or earn through a variety of partners. PETRO-POINTS can be redeemed instantly at Petro-Canada retail stations for a wide variety of rewards from convenience products, to gift cards and fuel savings. PETRO-POINTS can also be redeemed for travel with partners like itravel2000 or donated to charity.

About Petro-Canada

Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and the downstream sectors of the industry in Canada and internationally. The Company creates value by responsibly developing energy resources and providing world class petroleum products and services. Petro-Canada is proud to be a National Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Petro-Canada's common shares trade on the Toronto Stock Exchange under the symbol PCA and on the New York Stock Exchange under the symbol PCZ.

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