Sentry Select Capital Inc.

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

Oil Sands Split Trust

September 16, 2010 14:10 ET

Sentry Select Capital Inc. announces distribution to unitholders and the termination of Oil Sands Split Trust

TORONTO, ONTARIO--(Marketwire - Sept. 16, 2010) - Sentry Select Capital Inc. ("Sentry"), the administrator of Oil Sands Split Trust (the "Trust") (TSX:OST.UN), announces the termination of the Trust effective September 15, 2010, in accordance with the terms of the Trust's Amended and Restated Trust Agreement dated April 30, 2007.

Sentry has distributed $108.304 per Capital Unit and $17.00 plus accrued interest ($0.36125) per Preferred Security to those securityholders of record who elected to receive cash at the close of business on Wednesday, September 15, 2010. Those security holders electing to receive units of Canadian Oil Sands Trust (TSX:COS.UN) ("COS") received approximately 4.90415 units of COS as well as approximately $0.601929 in cash for each Combined Security (consisting of a Capital Unit and a Preferred Security) of the Trust tendered.

Sentry Investments

Sentry Investments is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships, closed-end trusts and other alternative investments, covering a variety of domestic and global mandates.

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 they relate to Sentry and/or the Trust. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. 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 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 and/or the Trust undertake 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 Investments 
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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