Suncor Energy to Webcast First Quarter 2003 Financial Results and Annual Meeting on April 24, 2003

Toronto, Ontario, CANADA


TORONTO, April 23, 2003 (PRIMEZONE) -- Suncor (NYSE:SU) (TSE:SU) will webcast its first quarter results and second quarter outlook on Thursday, April 24, 2003 at 8:00 am MT / 10:00 am ET. Representing management will be Rick George, president and chief executive officer; Steve Williams, executive vice president, corporate development and chief financial officer; and John Rogers, vice president, investor relations. A question and answer period will follow brief remarks from management. The first quarter results will be webcast by Streamlogics Corporation and can be accessed directly at http://wwwtor.activate.net/suncor/Apr24-03/conf/index.htm or through www.suncor.com. An archive of the first quarter results will be available 1 hour after the event at the same location.

Suncor invites shareholders and media to participate in the live video webcast of its annual general and special meeting on Thursday, April 24, at 10:30 am MT / 12:30 ET. The annual meeting will be webcast by Streamlogics Corporation and can be accessed directly at http://wwwtor.activate.net/suncor/Apr24-03/agm/index.htm or through www.suncor.com. Participants are advised to access the webcast prior to the start time to ensure their system meets the minimum requirements. An archive version of the annual meeting webcast will be available at the same location 24 hours after the event.

About Suncor Energy

Suncor Energy is an integrated Canadian energy company. Suncor's oil sands business, located near Fort McMurray, Alberta, extracts and upgrades oil sands and markets refinery feedstock and diesel fuel. Suncor is also a conventional natural gas producer in western Canada, and operates a refining and marketing business in Ontario with retail distribution under the Sunoco brand. As Suncor meets today's energy needs, the company invests in renewable energy for the future. Suncor's common shares are listed on the Toronto and New York stock exchanges (symbol: SU).


        

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