Sentry Select Capital Inc.

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

Oil Sands Split Trust

May 17, 2010 16:00 ET

Oil Sands Split Trust (TSX: OST.UN and OST.PR.A) Announces an Increase in Distribution for the Second Quarter of 2010

TORONTO, ONTARIO--(Marketwire - May 17, 2010) - Oil Sands Split Trust (the "Trust") (TSX:OST.UN)(TSX:OST.PR.A) is pleased to announce a quarterly distribution of $1.85 per Capital Unit, payable on June 15, 2010 to unitholders of record on May 31, 2010. The distribution of $1.85 per Capital Unit represents a $0.70 increase from the previous quarter. A quarterly interest payment of $0.36125 per Preferred Security will be paid on June 15, 2010 to securityholders of record on June 4, 2010.

Oil Sands Split Trust

The 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 Trust units and benefit from any increase in the distributions paid on those units.

Sentry Select Capital Inc.

Sentry Select Capital Inc. ("Sentry Select"), the administrator of the Trust, is a Canadian wealth management company that offers a diverse range of investment products including closed-end investment funds, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates.

All capitalized terms used herein, but not defined are as per the Trust's Prospectus.

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 that 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 including, but not limited to, the ability of the Trust to pay the indicated distribution on the date specified. 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. 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. For a complete disclosure record of the trust, please visit the trust's profile at www.sedar.com.

Sentry Select Capital Inc.
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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