Press Release

DBRS Corrects Petro-Canada Report

Energy
September 20, 2006

Dominion Bond Rating Service (DBRS) has today corrected a numerical error in the Petro-Canada rating report issued on September 18, 2006.

On pages 2, 6, and 8 of the report, the potential total crude oil output of Petro-Canada’s Fort Hills upgrader was incorrectly stated as 435,000 barrels per day (b/d). The figure should have been 335,000 b/d.

The corrected copy of the report can be found at www.dbrs.com

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