Petro-Canada
NYSE : PCZ
TSX : PCA

Petro-Canada

February 26, 2008 08:01 ET

Earn PETRO-POINTS With itravel2000

New Partnership Makes Travel More Rewarding

MISSISSAUGA, ONTARIO--(Marketwire - Feb. 26, 2008) - As many Canadians look to escape the slush and snow, PETRO-POINTS and itravel2000 are pleased to announce a new partnership that will heat up their travel options. Starting today, PETRO-POINTS Members can earn points when purchasing vacation packages, cruises, flights, hotels and other travel needs through itravel2000. As well, members will be able to redeem their PETRO-POINTS to put towards those same purchases.

"This is exciting news for the millions of PETRO-POINTS Members across the country," said Phil Churton, Vice-President, Marketing, Petro-Canada. "Members can now earn PETRO-POINTS faster and put them towards purchases with itravel2000, a company known for providing Canadians with great selection, value and customer service."

"We are extremely excited to be working in partnership with PETRO-POINTS and the opportunity it presents to members," said Jonathan Carroll, President, itravel2000. "For the first time, members of a loyalty program will be able to earn and redeem rewards on a broad, unbiased selection of competitively priced travel products without the imposed premiums, restrictions, or blackouts typically found in other programs."

To celebrate the partnership, PETRO-POINTS and itravel2000 are going to send a few lucky members to a sunny destination. Starting today, PETRO-POINTS Members can "Swipe'n Win" at any participating Petro-Canada location to try and win one of 25 trips for two to Mexico.

For further details or to become a PETRO-POINTS Member, visit http://www.petro-points.com/. To begin booking travel, PETRO-POINTS Members can call a special Members line at 1-866-824-9173 or visit itravel2000.com.

About itravel2000

itravel2000.com is Canada's largest online leisure travel retailer. Over 3 million Canadians visit its site to research and book their travel through the dedicated "Customer Care Centre" which is staffed by over 100 travel counselors.

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 almost every purchase 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 items, to gift cards and gasoline. PETRO-POINTS can also be redeemed for travel, donated to charity or exchanged with partners such as Sears Club.

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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