Beijing, China – Today, Petro-Canada and the Coaching Association of Canada (CAC) honoured Canada's Olympic coaches at the Coaches' Recognition Evening at Canada Olympic House. A tradition that began in Salt Lake City in 2002, the event honours the men and women who prepare our athletes for Olympic competition. “We believe in dreaming big and dreaming big means big support,” said Steven Keith, Petro-Canada's Director of Olympic and Community Partnerships. “We are pleased to support Canada's coaches through the Petro-Canada Coaching Excellence Awards, which are awarded annually to coaches of medal-winning athletes. The Coaches' Recognition Evening is another opportunity for us to pay tribute to coaches and their contribution to Canadian sport.” Petro-Canada is a proud supporter of Canadian sport, from the grassroots level to high performance competition. The company's support enables young Canadians across Canada to dream big. Petro-Canada's Olympic involvement represents a long-term investment in a brighter future for all Canadians. “CAC is pleased to have Petro-Canada as a partner in coaching excellence. Since 2000, their ongoing support has enabled us to recognize Canada's best coaches for their passion and dedication,” said John Bales, CAC's Chief Executive Officer. “Their support of coaches is a reflection of their commitment to the Canadian sport system and the Olympic Movement.” The Coaching Association of Canada is a not-for-profit amateur sport organization with the mandate to improve the effectiveness of coaching across all sports and at all levels of the sport system. Visit www.coach.ca for more information about coach education and training. Petro-Canada is the exclusive national oil and gas partner of the 2010 Olympic Winter Games, proudly supporting the Canadian Olympic Team in Torino 2006, Beijing 2008, Vancouver 2010 and London 2012. Visit iwilldreambig.ca for more information about Petro-Canada's Olympic support. Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and downstream sectors of the industry in Canada and internationally. The Company creates value by responsibly developing energy resources and providing world class petroleum products and services. Petro-Canada is proud to be a National Partner to the Vancouver 2010 Olympic and Paralympic Winter Games. Petro-Canada's common shares trade on the Toronto Stock Exchange under the symbol PCA and on the New York Stock Exchange under the symbol PCZ. -30-

For more information, please contact:

Andi Argast
Edelman
416.979.1120 Ext. 240
andi.argast@edelman.com
Sandra Gage
Coaching Association of Canada
613.235.5000 Ext. 9-2378
sgage@coach.ca