TORONTO: Oil Sands Split Trust is pleased to announce a quarterly distribution of $1.00 per Capital Unit payable on September 15, 2006 to unitholders of record on August 31, 2006; and a quarterly interest payment of $0.36125 per Preferred Security payable on September 15, 2006 to unitholders of record on September 6, 2006.

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 Capital Corp. is a wealth management company providing investment, administrative and marketing services to 32 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 16 mutual funds, 15 principal-protected notes and three flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of July 31, 2006, the firm had approximately $8.5 billion in gross assets under management.

More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com www.sentryselect.com