Shareholders of Alberta Oilsands Inc. Urged to PUSH the Momentum to the Finish Line and Vote FOR Positive Change by Voting the GREEN Proxy


TORONTO, ONTARIO--(Marketwire - June 22, 2012) - The Concerned shareholders of Alberta Oilsands ask fellow shareholders to VOTE their GREEN proxy now.

Vote GREEN. The time for change is now. If shareholders do not act now it could be up to 18 months of lower share prices before the incumbent management is obligated to hold another shareholder meeting.

Fellow shareholders can vote quickly and easily vote GREEN at our website www.saveAOS.com.

Once there, click on the big green VOTE button and simply type in your control number listed on your GREEN proxy which you received in the mail.

If you require assistance voting your GREEN proxy, please contact Phoenix Advisory Partners toll free at 1-800-294-4817 or visit www.saveAOS.com to vote NOW.

** IMPORTANT: Even if shareholders have already voted using the management proxy, CHANGE YOUR VOTE simply by executing and submitting the GREEN form of proxy; as it is the later-dated proxy that will be counted. If a shareholder is no longer in possession of his/her GREEN proxy, simply call Phoenix Advisory Partners toll free at 1-800-294-4817 and they will arrange to have your GREEN proxy voted.

TO BE EFFECTIVE, GREEN PROXIES MUST BE RECEIVED BEFORE AND NO LATER THAN 5:00 P.M. (CALGARY TIME) ON JUNE 25, 2012

Contact Information:

Susy Monteiro
Senior Vice President
Phoenix Advisory Partners
(647) 351-3085 ext. 222