Oil Sands Split Trust

Oil Sands Split Trust
Sentry Select Capital Corp.

Sentry Select Capital Corp.

August 15, 2007 13:36 ET

Oil Sands Split Trust (TSX:OST.UN and OST.PR.A) Announces Increased Distributions for Third Quarter 2007

TORONTO, ONTARIO--(Marketwire - Aug. 15, 2007) - Oil Sands Split Trust(TSX:OST.UN)(TSX:OST.PR.A) is pleased to announce a quarterly distribution of $1.65 per Capital Unit payable on September 14, 2007 to unitholders of record on August 31, 2007; and a quarterly interest payment of $0.36125 per Preferred Security payable on September 14, 2007 to unitholders of record on September 5, 2007. The distribution of $1.65 per Capital Unit represents a $0.25 increase from the previous quarter.

Oil Sands Split Trust

Oil Sands Split 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 units and to benefit from any increase in the distributions paid on those units.

Sentry Select Capital Corp.

Sentry Select is a Canadian wealth management company that manages over $8 billion in gross assets as of June 30, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the leading manager and/or advisor to entities listed on the TSX. In addition, Sentry Select manages and/or provides advisory services to 4 reporting issuers listed on the TSX Venture Exchange.

This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Trust, including the potential for future distributions. These statements reflect Sentry Select's current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.

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Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    Sentry Select Capital Corp.
    Kinga Lam
    (media inquiries)
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com