CALGARY, AB–(Marketwired – May 01, 2015) – (TSX: COS) – Canadian Oil Sands Limited (“COS”) held its Annual General Meeting in Calgary on April 30, 2015. A total of approximately 265,324,444 million shares (approximately 54.75 percent of outstanding common shares) were represented in person or by proxy.
During business proceedings at the meeting, shareholders elected ten Board members, including nine independent directors, until the next annual general meeting. The voting results of shares represented at the meeting for individual directors were as follows:
| Nominee | Votes For | Votes Withheld |
| Ian A. Bourne | 236,329,242 / 97.79% | 5,342,827 / 2.21% |
| Gerald W. Grandey | 238,956,549 / 98.88% | 2,715,520 / 1.12% |
| Arthur N. Korpach | 238,864,320 / 98.84% | 2,807,749 / 1.16% |
| Ryan M. Kubik | 238,888,913 / 98.85% | 2,783,156 / 1.15% |
| Donald J. Lowry | 225,681,228 / 93.38% | 15,990,841 / 6.62% |
| Sarah E. Raiss | 239,240,303 / 98.99% | 2,431,766 / 1.01% |
| John K. Read | 238,851,450 / 98.83% | 2,820,619 / 1.17% |
| Brant G. Sangster | 238,861,048 / 98.84% | 2,811,021 / 1.16% |
| Wesley R. Twiss | 236,059,238 / 97.68% | 5,612,831 / 2.32% |
| John B. Zaozirny | 234,841,854 / 97.17% | 6,830,215 / 2.83% |
The biographies of Board members and further details about COS’ corporate governance practices are available on www.cdnoilsands.com.
All other resolutions presented at the meeting were also approved by shareholders. For more information, view the Report of Voting Results available at: www.sedar.com.
An audio recording of the meeting is available at www.cdnoilsands.com, and will be archived for 90 days.
Canadian Oil Sands Limited
COS holds a 36.74 percent interest in the Syncrude project, the largest producer of light, sweet synthetic oil from Canada’s oil sands. As a pure play in Syncrude, COS provides investors with long-life, light crude oil exposure and since 2001 has paid dividends totaling $7.8 billion.
For further information contact:
Siren Fisekci
VP, Investor & Corporate Relations
(403) 218-6220
invest@cdnoilsands.com
Scott Arnold
Director, Investor & Corporate Relations