OilSands Canada Corporation

Closed-end Funds

NAV History

Select Year

Date	NAV
October 09, 2008	5.38
October 02, 2008	6.46
September 25, 2008	7.49
September 18, 2008	7.11
September 11, 2008	7.62
September 04, 2008	8.06
August 28, 2008	8.83
August 21, 2008	8.83
August 14, 2008	8.49
August 07, 2008	8.56
July 31, 2008	8.77
July 24, 2008	8.40
July 17, 2008	8.67
July 10, 2008	9.19
July 03, 2008	9.54
June 26, 2008	9.62
June 19, 2008	9.80
June 12, 2008	9.72
June 05, 2008	9.81
May 29, 2008	9.49
May 22, 2008	9.77
May 15, 2008	9.55
May 08, 2008	9.47
May 01, 2008	9.04
April 24, 2008	9.01
April 17, 2008	9.04
April 10, 2008	8.88
April 03, 2008	8.59
March 27, 2008	8.60
March 20, 2008	8.53
March 13, 2008	8.61
March 06, 2008	8.62
February 28, 2008	8.74
February 21, 2008	8.65
February 14, 2008	8.70
February 07, 2008	8.71
January 31, 2008	8.66
January 24, 2008	8.68
January 17, 2008	8.93
January 10, 2008	9.26
January 03, 2008	9.45

Date	NAV
December 27, 2007	9.18
December 20, 2007	9.07
December 13, 2007	9.12
December 06, 2007	9.03
November 29, 2007	8.82
November 22, 2007	8.99
November 15, 2007	9.04
November 08, 2007	9.35
November 01, 2007	9.30
October 25, 2007	9.24
October 18, 2007	9.34
October 11, 2007	9.11
October 04, 2007	9.09
September 27, 2007	9.14
September 20, 2007	9.07
September 13, 2007	9.17
September 06, 2007	9.07
August 30, 2007	8.87
August 23, 2007	8.87
August 16, 2007	8.75
August 09, 2007	8.94

The basic net asset value ("NAV") per Equity Share is calculated by dividing the NAV of the Fund by the total number of Equity Shares issued and outstanding on such Valuation Date. The diluted NAV per Equity Share is applicable only when the basic NAV per Equity Share is greater than $10.00. The diluted NAV per Equity Share is the NAV of the Fund plus the net proceeds that would have been received by the Fund if all outstanding Warrants of the Fund were exercised, divided by the number of Equity Shares outstanding plus the additional Equity Shares that would be outstanding if all of the outstanding Warrants were exercised on the applicable Valuation Date. The Manager will post the basic NAV per Equity Share, and when applicable, the diluted NAV per Equity Share. Redemption values are determined using the calculation methodology outlined in the prospectus.