Suncor Energy Inc.

Suncor Energy Inc.

July 24, 2008 00:00 ET

Suncor Energy Foundation invests $2 million in Fort McMurray health care

Fort McMurray, Alberta (July 24, 2008) — The Suncor Energy Foundation is pleased to announce a five year, $2 million investment in the Northern Lights Regional Health Foundation that will primarily be used to fund health and wellness programs and services as well as the purchase of new medical equipment.

"Bringing more primary health care capacity into the community is an important addition to the health care infrastructure in Fort McMurray," said Bryan Rabik, chair of the Northern Lights Regional Health Foundation. "It will help ensure community members receive the care they need while reducing some of the current burden on existing facilities. The tremendous support we have received from the Suncor Energy Foundation will be felt by the entire community."

In recognition of the foundation's contribution to the Northern Lights Health Region, a new Community Health and Wellness Centre, which is in the development stages for the Fort McMurray subdivision of Timberlea, will be named in its honor. The Northern Lights Health Region and the Wood Buffalo Physicians Group are currently identifying the services and programs to be offered at the centre.

"I'm confident this investment will make a positive difference in our community for many years to come," said Kirk Bailey, Suncor's executive vice president. "We recognize our responsibility to help maintain and improve the quality of life of this community. And we're proud of this contribution and how it will benefit Fort McMurray and the region."

The investment is part of Suncor's commitment to help provide necessary funding to health care facilities in the Wood Buffalo and Edmonton regions. Between 1998 and 2007 the Suncor Energy Foundation has invested more than $2.25 million in the Northern Lights Regional Health Centre for programs, services and new medical equipment, including major funding for a new MRI (Magnetic Resonance Imaging) machine.

The Foundation's past investments also include $400,000 for the Lois Hole Hospital for Women and the Mazankowski Alberta Heart Institute in Edmonton. Support has helped give doctors the technology they need to provide the best patient care possible, and has helped create places where families from out of town are able to stay while their loved ones receive treatment.

"Suncor is committed to providing support to ensure that communities in which we operate in northern Alberta continue to be healthy places to live and do business," said Bailey.

The Suncor Energy Foundation, celebrating its 10th anniversary in 2008, is a private, non-profit charitable foundation established by Suncor to receive Suncor's contributions and support registered Canadian charitable organizations. Its funding priorities are educational, environmental and community-based initiatives that primarily support Suncor's operating communities. By the end of 2008, the Foundation will have contributed more than $57 million to Canadian communities.

Suncor Energy Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel, while operations throughout Western Canada produce natural gas. Suncor operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. U.S.A. downstream assets include pipeline and refining operations in Colorado and Wyoming and retail sales in the Denver area under the Phillips 66® brand. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

Suncor Energy (U.S.A.) Inc. is an authorized licensee of the Phillips 66® brand and marks in the state of Colorado. Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia.

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For further information, contact:
Cathy Glover, Director
Suncor Energy Foundation
Phone: 403.205.6806
Email: cglover@suncor.com