Suncor Energy Inc.

Suncor Energy Inc.

February 06, 2006 00:00 ET

USW Local 12-477 ratify agreement with Suncor Energy (U.S.A.) Inc.

This joint release was issued by Suncor Energy (U.S.A.) Inc. and USW Local 12-477.

Denver, Colorado (February 6, 2006) - The United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International (USW) Union Local
12-477 have voted in favor of accepting a three-year agreement with Suncor Energy (U.S.A.) Inc., a wholly-owned subsidiary of Suncor Energy Inc.

The settlement merges the refinery's East Plant (former Valero refinery) workers into the existing collective bargaining agreement at Suncor's Commerce City Refinery. Suncor's collective bargaining agreement with USW Local 12-477 expires on January 31, 2009.

"We are very pleased the agreement is ratified and appreciate the effort by the USW to create one collective bargaining agreement," said Nancy Thonen, Refinery General Manager. "This is an important step for our company and our employees. It paves the way to fully integrating our two refineries and allows us to work toward optimizing the operation and meeting Suncor's future growth plans."

"It's extremely difficult to blend two collective bargaining agreements, but both parties worked hard to make that happen," said Dean Alexander, President of USW Local 12-477. "I believe we have an agreement that's in the best interest of both parties. We look forward to a good working relationship between Suncor and the Union so as to provide a safe and efficient work environment for our members and the surrounding communities."

This news release contains forward-looking statements. The forward-looking statements may be identified by words like "expires", "paves the way" and similar expressions. These forward-looking statements are based on current conditions and assumptions and are not a guarantee of future events. Actual events could differ materially as a result of changes to Suncor's plans and the impact of certain events, risks and uncertainties.

United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International (USW) Union (Local 12-477) represents approximately 230 workers at Suncor Energy (USA) Inc.'s oil refinery operation in Commerce City, Colorado.

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 more information, contact
Coral Hulse, Suncor Energy (USA) Inc., (303) 793-8012