<SEC-DOCUMENT>0001047469-11-004442.txt : 20110503
<SEC-HEADER>0001047469-11-004442.hdr.sgml : 20110503
<ACCEPTANCE-DATETIME>20110503143526
ACCESSION NUMBER:		0001047469-11-004442
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20110331
FILED AS OF DATE:		20110503
DATE AS OF CHANGE:		20110503

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SUNCOR ENERGY INC
		CENTRAL INDEX KEY:			0000311337
		STANDARD INDUSTRIAL CLASSIFICATION:	PETROLEUM REFINING [2911]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12384
		FILM NUMBER:		11804596

	BUSINESS ADDRESS:	
		STREET 1:		112 4TH AVENUE SW PO BOX 38
		STREET 2:		CALGARY
		CITY:			ALBERTA CANADA
		STATE:			A0
		ZIP:			T2P 2V5
		BUSINESS PHONE:		4032698100

	MAIL ADDRESS:	
		STREET 1:		112 FOURTH AVE SW BOX 38
		STREET 2:		CALGARY
		CITY:			ALBERTA CANADA
		ZIP:			T2P 2V5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUNCOR INC
		DATE OF NAME CHANGE:	19970430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GREAT CANADIAN OIL SANDS & SUN OIL CO LTD
		DATE OF NAME CHANGE:	19791129
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a2203808z6-k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_1">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>

<P style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT> <FONT SIZE=2>
<div style="width:100%;border-top:solid #000000 3.0pt;padding:0in 0in 0in 0in;font-size:3.0pt;"></div>
<div style="width:100%;border-top:solid #000000 1.0pt;padding:0in 0in 0in 0in;font-size:4.0pt;"></div> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>FORM 6-K  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4>SECURITIES AND EXCHANGE COMMISSION<BR>
WASHINGTON,&nbsp;D.C. 20549 </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3>Report of Foreign Private Issuer<BR>
Pursuant to Rule&nbsp;13a&nbsp;-&nbsp;16 or&nbsp;15d&nbsp;-&nbsp;16 of<BR>
the Securities Exchange Act of 1934 </FONT></P>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="48%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="48%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>For the month of: May&nbsp;2010</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Commission File Number: 1-12384</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>SUNCOR ENERGY&nbsp;INC.<BR>  </B></FONT><FONT SIZE=2>(Name of registrant) </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>150&nbsp;Sixth Avenue S.W.<BR>
P.O.&nbsp;Box&nbsp;2844<BR>
Calgary, Alberta<BR>
Canada, T2P&nbsp;3E3  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Indicate by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F: </FONT></P>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>Form&nbsp;20-F</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>Form&nbsp;40-F</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P style="font-family:times;"><FONT SIZE=2>Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the SEC pursuant to Rule&nbsp;12g3-2(b)
under the Securities Exchange Act of&nbsp;1934: </FONT></P>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="23%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>No</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P style="font-family:times;"><FONT SIZE=2>If
"Yes" is marked, indicate the number assigned to the registrant in connection with Rule&nbsp;12g3-2(b): </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>N/A
</FONT></P>

<P style="font-family:times;"><FONT SIZE=2><div
style="width:100%;border-top:solid #000000 1.0pt;padding:0in 0in 0in 0in;font-size:3.0pt;"></div>
<div style="width:100%;border-top:solid #000000 3.0pt;padding:0in 0in 0in 0in;font-size:4.0pt;"></div> </FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="1",CHK=754150,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]BA14303A.;2',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="jc14303_signatures"> </A>
<A NAME="toc_jc14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  SIGNATURES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Pursuant
to&nbsp;the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>
 <DIV style="padding:0pt;position:relative;width:73%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"110%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="110%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="309pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="22pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><FONT SIZE=2><B> SUNCOR ENERGY&nbsp;INC.</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><BR><FONT SIZE=2> Date: May 3, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> By:</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><BR><FONT SIZE=2>/s/ Shawn Poirier<BR>


<HR NOSHADE SIZE="1.0pt" WIDTH="100%" COLOR="#000000">

</FONT> <FONT SIZE=2> Shawn Poirier<BR>
Assistant Corporate Secretary<BR></FONT>
</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="1",CHK=983852,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]JC14303A.;4',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14303_exhibit_index"> </A>
<A NAME="toc_ma14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT INDEX    <BR>    </B></FONT></P>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36pt" style="font-family:times;"></TD>
<TD WIDTH="24pt" style="font-family:times;"></TD>
<TD WIDTH="" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  COLSPAN=2 ALIGN="CENTER" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:26pt;"><FONT SIZE=1><B>Exhibit

<!-- COMMAND=ADD_SCROPPEDRULE,26pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="LEFT" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Description of Exhibit </B></FONT></TH>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>99.1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>First Quarter 2011 Report to Shareholders for the period ended March 31, 2011</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2>99.2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Management's Discussion and Analysis for the first quarter ended March 31, 2011</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2>99.3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Unaudited Interim Consolidated Financial Statements for the first quarter ended March 31, 2011</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2>99.4</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Certification of the President and Chief Executive Officer</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2>99.5</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Certification of the Chief Financial Officer</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=3,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="1",CHK=471633,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MA14303A.;3',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_jc14303_1">SIGNATURES</A></FONT><BR>
<!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_ma14303_1">EXHIBIT INDEX</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="1" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a2203808zex-99_1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_2">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mc14303_exhibit_99.1_first_quarter_201__exh02803"> </A>
<A NAME="mc14303_exhibit_#160;99.1_#160;first_#__exh01672"> </A>
<A NAME="toc_mc14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT 99.1<BR>  <BR>    First Quarter 2011 Report to Shareholders for the period ended March&nbsp;31, 2011    <BR>    </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=727688,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MC14303A.;6',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->





<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </B></FONT><FONT SIZE=2><B>
<IMG SRC="g142744.jpg" ALT="LOGO" WIDTH="216" HEIGHT="91">
  </B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="133" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>FIRST QUARTER</B></FONT><FONT SIZE=2> 2011</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Report to shareholders for the period ended March&nbsp;31, 2011</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=4>
Suncor Energy first quarter results:<BR>
Integrated strategy drives strong earnings in volatile markets </FONT></P>

<P style="font-family:;"><FONT SIZE=1>All financial figures are unaudited and in Canadian dollars (Cdn$) unless noted otherwise. Certain financial measures
referred to in this document are not prescribed by Canadian generally accepted accounting principles (GAAP). For a description of these non-GAAP measures, see the Non-GAAP
Financial Measures Advisory section of Suncor's Management's Discussion and Analysis, dated May&nbsp;2, 2011 (the&nbsp;MD&amp;A). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor Energy&nbsp;Inc. (Suncor, or the company) recorded first quarter 2011 net earnings of $1.028&nbsp;billion ($0.65 per common share), compared to net
earnings of $779&nbsp;million ($0.50 per common share) for the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating
earnings&nbsp;<SUP>(1)</SUP>, which are adjusted for significant items that are not indicative of operating performance, increased to $1.478&nbsp;billion ($0.94 per common
share) in the first quarter of 2011 from $370&nbsp;million ($0.24 per common share) in the first quarter of 2010. The increase in operating earnings compared to the first quarter of 2010 was
primarily due to higher oil sands production volumes, higher margins for refined products in downstream refining operations and higher realized prices in upstream operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations&nbsp;<SUP>(1)</SUP> more than doubled to $2.393&nbsp;billion ($1.52 per common share) in the first quarter of 2011, compared to $1.124&nbsp;billion ($0.72 per
common share) in the first quarter of 2010. The increase in cash flow from operations was primarily due to the same factors that impacted operating earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
total upstream production during the first quarter of 2011 averaged 601,300&nbsp;barrels of oil equivalent per day (boe/d), compared to 564,600&nbsp;boe/d during the first quarter of
2010. Crude oil production, as a percentage of total production, increased to 87% from 77% over the comparative period. </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="227" style="font-family:;"></TD>
<TD WIDTH="16" style="font-family:;"></TD>
<TD WIDTH="227" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD ALIGN="CENTER" style="font-family:;"><BR><FONT SIZE=2><B>
<IMG SRC="g551905.jpg" ALT="GRAPHIC" WIDTH="333" HEIGHT="139">
 </B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><BR><FONT SIZE=2><B>
<IMG SRC="g260873.jpg" ALT="GRAPHIC" WIDTH="333" HEIGHT="127">
 </B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g519294.jpg" ALT="GRAPHIC" WIDTH="333" HEIGHT="154">
 </B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g198698.jpg" ALT="GRAPHIC" WIDTH="333" HEIGHT="127">
 </B></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. See page&nbsp;4 for a reconciliation of net earnings to operating earnings. Return on capital employed excludes capitalized
costs related to major projects in progress. See the Non-GAAP Financial Measures Advisory section of the&nbsp;MD&amp;A. </FONT></DD></DL>
<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=648446,FOLIO='blank',FILE='DISK127:[11ZBF1.11ZBF14301]BI14301A.;8',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_bj14301_1_2"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2>
"Reliability and operational efficiency have been solid right across the business," said Rick George, president and chief executive officer. "Strong performance in our refining operations has allowed
us to significantly benefit from higher margins and increasing demand as the economy recovers. In our oil sands operations, we've seen steady improvement over the past year, with the last two quarters
showing our best production performance on&nbsp;record." </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil
Sands production (excluding Suncor's proportionate production share from the Syncrude joint venture) contributed an average of 322,100&nbsp;barrels per day (bpd) in the first quarter of 2011,
compared with first quarter 2010 production of 202,300&nbsp;bpd. Production volumes were consistent with the record levels achieved in the fourth quarter of 2010, reflecting operational
improvements. Production during the first quarter of 2010 was negatively impacted by operational upsets and unplanned maintenance at Oil&nbsp;Sands. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Cash
operating costs&nbsp;<SUP>(1)</SUP> for oil sands operations (excluding Syncrude) decreased to $36.15 per barrel in the first quarter of 2011, compared to $54.50 per barrel during the
first quarter of 2010. The decrease is primarily a reflection of largely fixed cash operating costs being spread over a greater production volume. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
proportionate share of production from the Syncrude joint venture contributed an average of 38,500&nbsp;bpd of production during the first quarter of 2011 compared to 32,300&nbsp;bpd in
the same quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
Exploration and Production segment contributed 240,700&nbsp;boe/d of production in the first quarter of 2011 compared to 330,000&nbsp;boe/d in the same period of 2010. The production decrease
primarily reflected the divestiture of non-core assets over the past year, which contributed incremental production of 70,000&nbsp;boe/d in the first quarter of 2010. The new Exploration
and Production segment combines results previously reported as part of Suncor's Natural Gas and International and Offshore segments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the company's downstream Refining and Marketing segment, total refined product sales averaged 84,900&nbsp;cubic metres per day during the first quarter of 2011 compared to 82,200&nbsp;cubic
metres per day in the first quarter of 2010. Significantly higher refining margins, reflected by widening benchmarks for industry cracking margins, and the heavy crude processing capacity of Suncor's
refineries supported strong earnings from the&nbsp;segment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>"Results
this quarter underline the strength of Suncor's integrated strategy as we were able to leverage widening light/heavy crude oil differentials in North America, while also benefiting from much
higher prices for Brent crude in our offshore operations," said&nbsp;George. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Strategy and Operational Update  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor continues to move forward on its ten-year growth strategy outlined in December&nbsp;2010. In support of the growth strategy,
capital spending in the first quarter was primarily focused on expansion of the company's in situ oil sands operations, ongoing construction of a new oil sands hydrotreating unit and implementation of
new tailings reclamation technology across existing oil sands mining operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
Suncor's in situ oil sands operations, construction is nearing completion on the Firebag Stage&nbsp;3 expansion. In April&nbsp;2011, Suncor began injecting steam into a Stage&nbsp;3 well pad
and expects to achieve first oil by early July&nbsp;2011. The expansion is expected to be fully operational in the third quarter of 2011, with production volumes ramping up over approximately
24&nbsp;months thereafter toward target capacity of 62,500&nbsp;bpd of bitumen. The construction of infrastructure, well pads, and central plant and cogeneration facilities continues on Firebag
Stage&nbsp;4, with initial production targeted for the first quarter of 2013. Stage&nbsp;4 also has a planned capacity of 62,500&nbsp;bpd of bitumen. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>With
the closing of its strategic partnership agreements with Total E&amp;P Canada&nbsp;Ltd. (Total) on March&nbsp;22, 2011, Suncor expects to progress with engineering and site preparation work for
the Fort Hills oil sands mining project and the Voyageur Upgrader. Under the terms of the agreements, Total assumed an interest in both Fort Hills and the Voyageur Upgrader, while Suncor assumed an
interest in Total's Joslyn oil sands mining project. Suncor is targeting the completion of the Voyageur Upgrader and the Fort Hills project for&nbsp;2016. </FONT></P>

<BR>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. See the Non-GAAP Financial Measures Advisory section of the&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>002</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=3,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=927180,FOLIO='2',FILE='DISK127:[11ZBF1.11ZBF14301]BJ14301A.;38',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bj14301_1_3"> </A>

<P style="font-family:;"><FONT SIZE=2>In Suncor's Exploration and Production segment, Suncor completed its sale of non-core North Sea assets in March for proceeds of
&pound;105&nbsp;million (Cdn$164&nbsp;million), subject to closing adjustments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Exploration
programs continue with Suncor securing two operated exploration licences and one non-operated exploration licence in the Norway portion of the North Sea in April&nbsp;2011.
In addition, the company is evaluating an exploratory well in the Ballicatters field offshore East Coast&nbsp;Canada. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor
expects to delay the 15-week dockside maintenance program at Terra Nova, originally planned for July&nbsp;2011, to 2012. The delay is expected to allow for the resolution of the
presence of hydrogen sulphide in certain wells, which has caused partial shut-ins of production, to be implemented concurrently. A four-week annual maintenance outage at Terra&nbsp;Nova
during the third quarter of&nbsp;2011 is still planned. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
conventional international operations, in response to the political situation in Libya, Suncor suspended exploration and production activities in the country indefinitely. Suncor continues to
monitor the situation in Libya and to date has taken all reasonable steps to ensure the safety of its people and preserve the value of its assets and operations, and to maintain compliance with the
company's Principles for Responsible Investment and Operations, which define Suncor's human rights values and policies in areas in which we operate. On March&nbsp;18, 2011, Suncor declared force
majeure under its Exploration and Production Sharing Agreements. As at March&nbsp;31, 2011, Suncor had not recorded any impairment adjustments to its assets in Libya. However, should the current
situation in Libya persist or worsen, such that Suncor is unable to resume operations in the near term or without significant remedial expenditure, Suncor believes its assets in Libya could
be&nbsp;impaired in the future. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
Suncor's renewable energy business, expansion of the St.&nbsp;Clair ethanol plant, Canada's largest biofuels facility, was completed in January. Construction continued in the first quarter of
2011 on two new wind power projects, Kent Breeze in Ontario and Wintering Hills in Alberta. By the end of 2011, Suncor expects that its renewable energy projects will displace a total of nearly one
million tonnes of carbon&nbsp;dioxide annually. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>As
Suncor invests in its growth strategy, managing debt and maintaining a strong balance sheet remain a priority. Driven by strong cash flow and proceeds from asset sales, including the strategic
partnership with Total, net debt was reduced by $3.8&nbsp;billion in the quarter to $7.4&nbsp;billion at March&nbsp;31,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Corporate Guidance  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor has updated its corporate guidance that it previously issued on December&nbsp;17, 2010. </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="171" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="68" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="68" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="73" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2011 Full Year Outlook<BR>
December&nbsp;17, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Actual Three Months<BR>
Ended March&nbsp;31, 2011</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011 Full Year Outlook<BR>
Revised May&nbsp;3, 2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Suncor Total Production </FONT><FONT SIZE=1>(boe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 VALIGN="TOP" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Production&nbsp;&#150;&nbsp;before targeted divestitures&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 550,000&nbsp;&#150;&nbsp;600,000</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 601,300</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2><B> 520,000&nbsp;&#150;&nbsp;570,000</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 VALIGN="TOP" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands (excluding Syncrude) </FONT><FONT SIZE=1>(bpd)</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 280,000&nbsp;&#150;&nbsp;310,000</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 322,100</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2><B> 280,000&nbsp;&#150;&nbsp;310,000</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Syncrude </FONT><FONT SIZE=1>(bpd)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 35,000&nbsp;&#150;&nbsp;37,000</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 38,500</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> 35,000&nbsp;&#150;&nbsp;37,000</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>East Coast Canada </FONT><FONT SIZE=1>(bpd)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 58,000&nbsp;&#150;&nbsp;65,000</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 65,000</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> 58,000&nbsp;&#150;&nbsp;65,000</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>International </FONT><FONT SIZE=1>(boe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 110,000&nbsp;&#150;&nbsp;120,000</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 107,200</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> 80,000&nbsp;&#150;&nbsp;90,000</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore </FONT><FONT SIZE=1>(mmcfe/d)</FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP><SUP>(2)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 370&nbsp;&#150;&nbsp;410</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2> 411</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:;"><FONT SIZE=2><B> 370&nbsp;&#150;&nbsp;410</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands Sales&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sweet</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 47%</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 37%</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> 41%</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sour</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 53%</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> 63%</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> 59%</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands realization on crude sales basket<BR>
(WTI @ Cushing less)&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> Cdn$7.00 to Cdn$8.00 per&nbsp;barrel</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2> Cdn$10.15 per&nbsp;barrel</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B> Cdn$5.50 to Cdn$6.50 per&nbsp;barrel</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Actual
production results will be impacted by the timing of planned divestitures of&nbsp;assets.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Volumes
are in millions of cubic&nbsp;feet equivalent of natural gas per day&nbsp;(mmcfe/d).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Excludes
Suncor's proportionate share of production from the Syncrude joint venture. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>003</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=4,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=729479,FOLIO='3',FILE='DISK127:[11ZBF1.11ZBF14301]BJ14301A.;38',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bj14301_1_4"> </A>

<P style="font-family:;"><FONT SIZE=2>The key changes to the company's guidance presented above include: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>A decrease of 30,000&nbsp;boe/d in International production and in Suncor total production. This decrease primarily
reflects the shut-in of production in&nbsp;Libya.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>A decrease in the sweet/sour sales mix percentage from 47/53 to 41/59, which primarily reflects unscheduled outages during
the first quarter of 2011 at Oil Sands hydrogen and hydrotreating units that negatively impacted production of higher value light sweet crude.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>An increase in the Oil Sands realization on its crude sales basket from WTI@Cushing less
Cdn$7.00&nbsp;&#150;&nbsp;Cdn$8.00 per barrel to WTI@Cushing less Cdn$5.50&nbsp;&#150;&nbsp;Cdn$6.50 per barrel. This increase in sales realization
primarily reflects stronger market prices for sweet and sour synthetic crude and stronger refining margins for diesel production, partially offset by widening light/heavy differentials and the impacts
of the decrease in the guidance for Suncor's sweet/sour sales&nbsp;mix. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>For
further details regarding Suncor's 2011 corporate guidance, see www.suncor.com/guidance. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings&nbsp;</B></FONT><FONT SIZE=2><SUP>(1)</SUP><SUP>(2)</SUP> </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="323" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings as reported</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 170</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (204</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impact of income tax rate adjustments on deferred income taxes&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 442</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of commodity derivatives used for risk management, net of realizations&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra Nova&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merger and integration costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings is a non-GAAP measure. All reconciling items are presented on an after-tax basis. See the Non-GAAP
Financial Measures Advisory section of the&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company has restated prior year operating earnings for the transition to International Financial Reporting Standards and for the removal of certain
prior year operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of the&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Disposals
in the first quarter of 2011 included the partial disposition of the company's interests in the Voyageur Upgrader and Fort Hills project and the
completion of the sale of non-core assets in the United&nbsp;Kingdom (U.K.) portion of the North Sea. Disposals in the first quarter of 2010 included substantially all of the company's
natural gas assets in the United&nbsp;States Rockies and certain natural gas assets in northeast British Columbia (known as Blueberry and&nbsp;Jedney).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustments
to the company's deferred income taxes resulting from an increase in the U.K.&nbsp;tax rate on oil and gas profits from the North&nbsp;Sea.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company adjusts net earnings for the change in fair value of significant crude oil risk management derivatives. The company also holds less significant
risk management derivatives for which the company does not adjust net earnings. The company held no significant crude oil risk management derivatives during the first quarter of 2011.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(6)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustment
resulting from the settlement reached in the fourth quarter of 2010 related to the redetermination of working interests in the Terra Nova oil
field. Operating earnings for 2010 have been restated to reflect the portion of the settlement attributable to the respective quarter.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(7)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustment
reflects the impact of a royalty recovery in the fourth quarter of 2010 related to the Alberta government modifying the bitumen valuation
methodology calculation for the interim period from January&nbsp;1, 2009 to December&nbsp;31, 2010. Operating earnings for 2010 have been restated to reflect the portion of the recovery
attributable to the respective quarter. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>004</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=5,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=493710,FOLIO='4',FILE='DISK127:[11ZBF1.11ZBF14301]BJ14301A.;38',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bj14301_1_5"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Advisories  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain financial measures in this document&nbsp;&#150;&nbsp;namely operating earnings, cash flow from operations, return on
capital employed and Oil Sands cash operating costs&nbsp;&#150;&nbsp;are not prescribed by GAAP. These non-GAAP financial measures do not have any standardized
meaning and therefore are unlikely to be comparable to similar measures presented by other companies. These non-GAAP financial measures are included because management uses the information
to analyze operating performance, leverage and liquidity. Therefore, these non-GAAP financial measures should not be considered in isolation or as a substitute for measures of performance
prepared in accordance with&nbsp;GAAP. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain
crude oil and natural gas liquids (NGL) volumes have been converted to millions of cubic&nbsp;feet equivalent (mmcfe) of natural gas on the basis of one barrel (bbl) to six thousand
cubic&nbsp;feet (mcf). Also, certain natural gas volumes have been converted to barrels of oil equivalent (boe) or thousands of boe (mboe) on the same basis. Any figure presented in mmcfe, boe or
mboe may be misleading, particularly if used in isolation. A conversion ratio of one bbl of crude oil or NGL to six mcf of natural gas is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not necessarily represent value equivalency at the&nbsp;wellhead. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Unless
otherwise noted, all financial information, including comparative figures pertaining to Suncor's 2010 results, has been prepared in accordance with Canadian GAAP, using accounting policies
within the framework of International Financial Reporting Standards (IFRS) within Part&nbsp;1 of the Canadian Institute of Chartered Accountants Handbook. In previous periods, the company prepared
its Consolidated Financial Statements and Interim Consolidated Financial Statements in accordance with Canadian generally accepted accounting principles in effect prior to January&nbsp;1, 2011
(Previous GAAP). Comparative figures presented pertaining to Suncor's 2010 results have been restated to be in accordance with IFRS. A reconciliation of comparative figures from Previous GAAP to IFRS
is provided in the notes to the unaudited Interim Consolidated Financial Statements for the period ended March&nbsp;31,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
Strategy and Operational Update and Corporate Guidance above contain forward-looking information that is subject to a number of risks and uncertainties, many of which are beyond Suncor's control,
including those outlined in Risk Factors below. See the Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of the MD&amp;A for the material risks and assumptions
underlying this forward-looking information. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Risk Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Assumptions for the Oil Sands 2011 Full Year Outlook include reliability and operational efficiency initiatives that we expect will minimize unplanned
maintenance in&nbsp;2011. Assumptions for the East Coast Canada,
International and North American Onshore&nbsp;2011 Full Year Outlook include reservoir performance, drilling results, facility reliability, changes in production quotas and successful execution of
planned maintenance events. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Factors
that could potentially impact Suncor's operational outlook for 2011 include, but are not limited&nbsp;to: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Bitumen supply. Ore grade quality, unplanned maintenance of mine equipment and extraction plants, tailings storage and in
situ reservoir performance could impact 2011 production targets.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Performance of recently commissioned facilities. Production rates while new equipment is being lined out are difficult to
predict and can be negatively impacted by unplanned maintenance.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Unplanned maintenance. Production estimates could be negatively impacted if unplanned work is required at any of our
mining, production, upgrading, refining, pipeline, or offshore assets.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Planned maintenance events. Production estimates could be negatively impacted if planned maintenance events are not
effectively executed.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Planned divestitures. Our inability to execute planned divestitures could impact our debt management and capital
expenditure plans.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Commodity prices. Significant declines in natural gas commodity prices could result in the shut-in of some of
our natural gas&nbsp;production.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Foreign operations. Suncor's foreign operations and related assets&nbsp;&#150;&nbsp;such as those in
Libya and Syria&nbsp;&#150;&nbsp;are subject to a number of political, economic and socio-economic risks, including civil unrest and political violence. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>005</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=6,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=401710,FOLIO='5',FILE='DISK127:[11ZBF1.11ZBF14301]BJ14301A.;38',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_bl14301_1_6"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> MANAGEMENT'S DISCUSSION AND ANALYSIS<BR>  </B></FONT><FONT SIZE=1>May&nbsp;2, 2011 </FONT></P>


<P style="font-family:;"><FONT SIZE=2>This
Management's Discussion and Analysis (MD&amp;A) should be read in conjunction with Suncor's March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements and the audited Consolidated
Financial Statements and MD&amp;A for the year ended December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Additional
information about Suncor filed with Canadian securities commissions and the United&nbsp;States (U.S.) Securities and Exchange Commission (SEC), including quarterly and annual reports and
the Annual Information Form dated March&nbsp;3, 2011 (the&nbsp;2010 AIF), which is also filed with the SEC under cover of Form&nbsp;40-F, is available online at www.sedar.com,
www.sec.gov and our website www.suncor.com. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>References
to "we," "our," "Suncor," or "the company" mean Suncor Energy&nbsp;Inc., its subsidiaries, partnerships and joint venture investments, unless the context otherwise requires. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Basis of Presentation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Unless otherwise noted, all financial information, including comparative figures pertaining to Suncor's 2010 results, has been
prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically International Accounting Standard (IAS)
34&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Interim Financial Reporting</I></FONT><FONT SIZE=2>, within Part&nbsp;1 of the Canadian Institute of Chartered Accountants Handbook. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>This
is Suncor's first MD&amp;A presented with figures prepared using accounting policies within the framework of International Financial Reporting Standards (IFRS). In previous periods, the company
prepared its Consolidated Financial Statements and Interim Consolidated Financial Statements in accordance with Canadian generally accepted accounting principles in effect prior to January&nbsp;1,
2011 (Previous GAAP). Comparative figures presented in this MD&amp;A pertaining to Suncor's 2010 results have been restated to be in accordance with IFRS. A reconciliation of comparative figures from
Previous GAAP to IFRS is provided in the notes to the March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements. Comparative figures presented in this MD&amp;A pertaining to Suncor's 2009
results were prepared in accordance with Previous GAAP and were not required by IFRS&nbsp;1&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>First-Time Adoption of
International Financial Reporting Standards</I></FONT><FONT SIZE=2> or by the Canadian Securities Administrators to be restated in accordance with&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>All
financial information is reported in Canadian dollars (Cdn$), unless otherwise noted. Certain amounts in prior years have been reclassified to conform to the current year's presentation. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Petro-Canada Merger  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>On August&nbsp;1, 2009, Suncor completed its merger with Petro-Canada, referred to in this MD&amp;A as the "merger". Amounts disclosed
in this MD&amp;A for 2009 reflect the results of post-merger Suncor from August&nbsp;1, 2009 together with the results of pre-merger Suncor only from January&nbsp;1, 2009
through July&nbsp;31,&nbsp;2009. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Non-GAAP Financial Measures  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain financial measures in this MD&amp;A&nbsp;&#150;&nbsp;namely operating earnings, cash flow from operations,
return on capital employed (ROCE) and Oil Sands cash operating costs&nbsp;&#150;&nbsp;are not prescribed by GAAP. Operating earnings are defined in the Non-GAAP
Financial Measures Advisory section of this MD&amp;A and reconciled to GAAP net earnings in the Consolidated Financial Information and Segmented Results and Analysis sections of this MD&amp;A. Oil Sands cash
operating costs are defined and reconciled in the Segmented Results and
Analysis&nbsp;&#150;&nbsp;Oil Sands section of this MD&amp;A. Cash flow from operations and ROCE are reconciled in the Non-GAAP Financial Measures Advisory section of
this&nbsp;MD&amp;A. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>006</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=7,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=136491,FOLIO='6',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_7"> </A>

<P style="font-family:;"><FONT SIZE=2>These
non-GAAP financial measures do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other companies. These
non-GAAP financial measures are included because management uses the information to analyze operating performance, leverage and liquidity. Therefore, these non-GAAP financial
measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with&nbsp;GAAP. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Other Advisories  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>This MD&amp;A contains forward-looking information based on Suncor's current expectations, estimates, projections and assumptions. This
information is subject to a number of risks and uncertainties, including those discussed in this MD&amp;A and Suncor's other disclosure documents, many of which are beyond the company's control. Users of
this information are cautioned that actual results may differ materially. Refer to the Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A for information
on the material risk factors and assumptions underlying our forward-looking information. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain
crude oil and natural gas liquids volumes have been converted to millions of cubic&nbsp;feet equivalent (mmcfe) of natural gas on the basis of one barrel (bbl) to six thousand
cubic&nbsp;feet (mcf). Also, certain natural gas volumes have been converted to barrels of oil equivalent (boe) or thousands of boe (mboe) on the same basis. Any figure presented in mmcfe, boe and
mboe may be misleading, particularly if used in isolation. A conversion ratio of one bbl of crude oil or natural gas liquids to six mcf of natural gas is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not necessarily represent value equivalency at the&nbsp;wellhead. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> SUNCOR OVERVIEW  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor Energy&nbsp;Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor has classified its operations into the following
segments: </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Located in northeast Alberta, Suncor's Oil Sands segment recovers bitumen from mining and in situ operations and upgrades the majority
of this production into refinery feedstock, diesel fuel and byproducts. The company's marketing plan includes sales of bitumen when market conditions are favourable or when operating conditions
warrant. Oil Sands has interests in the Syncrude oil sands mining and upgrading joint venture and in significant growth projects, including the Fort Hills and Joslyn mining projects, and the Voyageur
Upgrader. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's Exploration and Production segment comprises production and exploration operations offshore Canada and in the North Sea, and
onshore in North America, Libya and&nbsp;Syria. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
January&nbsp;2011, Suncor announced the creation of the Exploration and Production segment, combining its International and Offshore and Natural Gas segments. This realignment will allow Suncor
to share best practices across its conventional oil and gas assets, with a view to optimizing returns and managing risk and&nbsp;growth. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
its North American Onshore operations (previously the Natural Gas segment), Suncor owns interests in a number of assets in Western Canada that primarily produce natural&nbsp;gas. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
East Coast Canada, Suncor operates Terra Nova, holding a working interest of 37.675%. Suncor also holds a 20% interest in Hibernia and a 19.5% interest in the Hibernia Southern Extension, a 27.5%
interest in White Rose and a 26.125% interest in the White Rose Extensions, and a 22.7% interest in&nbsp;Hebron, all of which are operated by other companies. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>007</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=8,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=866017,FOLIO='7',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_8"> </A>

<P style="font-family:;"><FONT SIZE=2>In
the North Sea, Suncor holds a 29.9% working interest in Buzzard, a 26.69% interest in the Golden Eagle Area Development&nbsp;&#150;&nbsp;both of which are operated by another
company&nbsp;&#150;&nbsp;and interests in several licences offshore Norway and the&nbsp;United Kingdom (U.K.). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
operates in Syria, pursuant to a production sharing contract (PSC), in the Ebla gas project to develop the Ash Shaer and Cherrife areas. Suncor operates in Libya, pursuant to Exploration and
Production Sharing Agreements (EPSA, a form of PSC), on the joint development of oil fields in the Sirte Basin. Due to recent events in Libya, the company has suspended operations in the country
indefinitely. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's Refining and Marketing segment refines crude oil into a broad range of petroleum and petrochemical products at refineries
located in Edmonton, Alberta, Montreal, Quebec and Sarnia, Ontario in Canada and Commerce City, Colorado in the&nbsp;U.S. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refined
products are sold to retail, commercial and industrial customers through a combination of company-owned, branded-dealer and other retail stations in Canada and Colorado, a nationwide Canadian
commercial road transport network, and a bulk sales&nbsp;channel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining
and Marketing also owns a lubricants business located in Mississauga, Ontario that manufactures, blends and markets high quality products worldwide. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other
assets include interests in a petrochemical plant, pipelines and product terminals in Canada and the&nbsp;U.S. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
grouping </FONT><FONT SIZE=2><B>Corporate, Energy Trading and Eliminations</B></FONT><FONT SIZE=2> includes the company's investments in renewable energy projects, results related to energy supply
and trading activities, and other activities not directly attributable to any other operating segment. The company's renewable energy interests include four operating wind power
projects&nbsp;&#150;&nbsp;with two additional projects under construction&nbsp;&#150;&nbsp;and the St.&nbsp;Clair ethanol plant in Ontario. Energy
trading activities primarily involve the marketing and trading of crude oil, natural gas, refined petroleum products and byproducts, and the use of financial derivatives to optimize related trading
strategies. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FIRST QUARTER HIGHLIGHTS  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Strong financial
results.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;First quarter results were indicative of a very strong business environment for crude oil and refined products, reflected by
significant increases in benchmark prices, as well as increased production from Oil&nbsp;Sands. <BR></FONT>
<BR>

<P style="font-family:;"><FONT SIZE=2>Consolidated
net earnings for the first quarter of 2011 were $1.028&nbsp;billion, compared with net earnings of $779&nbsp;million for the first quarter of 2010. Operating
earnings&nbsp;<SUP>(1)</SUP> for the first quarter of 2011 were $1.478&nbsp;billion, compared to $370&nbsp;million in the first quarter of 2010. ROCE&nbsp;<SUP>(1)</SUP>
(excluding major projects in progress) was 12.5% in the first quarter of 2011, compared to 4.8% in the first quarter of&nbsp;2010. </FONT></P>

</DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Cash flow doubled&nbsp;&#150;&nbsp;net debt
trimmed.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Cash flow from operations&nbsp;<SUP>(1)</SUP> was $2.393&nbsp;billion in the first quarter of 2011, compared to
$1.124&nbsp;billion in the first quarter of 2010. Net debt was $7.4&nbsp;billion at March&nbsp;31, 2011 and decreased by $3.8&nbsp;billion during the quarter, largely due to increased cash
flow from operations and receipt of proceeds on asset dispositions.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Continued focus on operational integrity is
critical.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In the first quarter of 2011, Oil Sands continued the strong performance it demonstrated in the second half of 2010, averaging
production volumes of 322,100&nbsp;barrels per day (bbls/d), excluding Syncrude. Refinery utilizations remained high&nbsp;&#150;&nbsp;averaging 97% in the
quarter&nbsp;&#150;&nbsp;which, combined with above average industry cracking margins, allowed the Refining and Marketing segment to more than quadruple net earnings and nearly
triple cash flow from operations. <BR></FONT>
<BR>

<P style="font-family:;"><FONT SIZE=2>However,
Suncor experienced problems with hydrogen and hydrotreating units at its Oil Sands facilities during the </FONT></P>

</DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>008</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=9,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=826513,FOLIO='8',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_9"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=2>quarter,
resulting in decreased production of higher value light crude that negatively impacted Suncor's overall average sales price during the&nbsp;quarter. </FONT></P>

</UL>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Benefits of integration in a volatile business
environment.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;The impressive results in the Refining and Marketing segment, where Suncor's refineries are capable of processing oil sands
feedstock, highlight the strategic advantage of the company's integrated assets. Suncor was able to capture the margins created by the strong demand for refined products, offsetting the negative
impacts to the Oil Sands segment of lower prices for heavy crude feedstock caused by widening light/heavy differentials.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>First steam into Firebag
Stage&nbsp;3.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In April&nbsp;2011, the company started injecting steam into a well pad in the Firebag Stage&nbsp;3 expansion. The
company expects first oil production to be achieved in early July&nbsp;2011, ramping up toward full production rates over approximately 24&nbsp;months thereafter. The company had previously
disclosed that first oil would be achieved by the end of the second quarter.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Strategic alliance with Total E&amp;P Canada
Ltd.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;After receiving the necessary regulatory approvals on March&nbsp;22, 2011, Suncor and Total E&amp;P Canada&nbsp;Ltd. (Total)
executed their previously announced joint venture agreements. In exchange for net proceeds of $1.820&nbsp;billion (after closing adjustments) and a 36.75% interest in the Joslyn project, Suncor sold
to Total a 49% interest in the Voyageur Upgrader and a 19.2% interest in the Fort Hills project. Suncor anticipates that these assets will be brought on-stream within five to seven years
and plans to take advantage of opportunities to share resources and knowledge across the development of these&nbsp;projects. The development of the Voyageur Upgrader and the Fort Hills and Joslyn
projects is subject to certain regulatory approvals and the approval by all joint venture partners and Suncor's Board of Directors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Civil unrest in
Libya.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Civil unrest in Libya in the middle of February escalated into political violence. Suncor responded initially by shutting down
exploration activities and evacuating all Suncor expatriate personnel. Production was shut-in by early March.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Tax rate increase in the
U.K.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In March&nbsp;2011, the U.K.&nbsp;government increased the supplementary charge on oil and gas profits in the North Sea from 20%
to 32%, which raised the overall statutory tax rate from 50% to 62%. The company adjusted its deferred income tax balances to reflect the tax rate increase, leading to a one-time negative
adjustment to net earnings of $442&nbsp;million in the first quarter of&nbsp;2011.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Non-core U.K.&nbsp;assets
divested.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;On March&nbsp;31, 2011, Suncor completed the sale of its non-core offshore U.K.&nbsp;assets for net proceeds of
&pound;105&nbsp;million ($164&nbsp;million), subject to closing adjustments.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Ethanol plant expansion
completed.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In January&nbsp;2011, Suncor completed the expansion of its ethanol plant in Ontario that doubled production capacity to
400&nbsp;million litres per year and confirmed the plant as Canada's largest biofuels production facility.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating earnings, cash flow from operations and ROCE are non-GAAP financial measures. The company has
restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments. See the Non-GAAP Financial Measures Advisory
section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>009</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=10,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=542891,FOLIO='9',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_da14301_1_10"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> CONSOLIDATED FINANCIAL INFORMATION  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> <U>Net Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's net earnings for the first quarter of 2011 were $1.028&nbsp;billion, compared to $779&nbsp;million in the first quarter
of&nbsp;2010, and were primarily affected by the changes in operating earnings described subsequently. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the U.K.&nbsp;government announced an increase in the tax rate on oil and gas profits in the North Sea that increased the statutory tax rate on Suncor's earnings in the
U.K.&nbsp;from 50% to 59.3% in 2011 and 62% in future years. The company revalued its deferred income tax balances, resulting in a one-time increase to deferred income tax expense of
$442&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company sold partial interests in the Fort Hills and Voyageur Upgrader projects, resulting in an after-tax loss of $89&nbsp;million (which included a
$267&nbsp;million reduction to goodwill), and completed the sale of non-core U.K.&nbsp;assets, resulting in an after-tax loss of $81&nbsp;million. In the first quarter of
2010, the company sold non-core natural gas assets in the U.S.&nbsp;Rockies and northeast British Columbia (B.C.) and realized after-tax gains on disposal of
$204&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
after-tax unrealized foreign exchange gain on the revaluation of U.S.&nbsp;dollar denominated long-term debt was $162&nbsp;million in the first quarter of 2011,
compared to $230&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Net Earnings by Segment  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Operating Earnings Reconciliation</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)(2)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings as reported</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 170</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (204</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impact of income tax rate adjustments on deferred income taxes&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 442</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of commodity derivatives used for risk management, net of realizations&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra Nova&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merger and integration costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings is a non-GAAP measure that adjusts net earnings for significant items that are not indicative of operating performance that
management believes reduces the comparability of the underlying financial performance between periods. All reconciling items are presented on an after-tax basis. See the
Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>010</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=11,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=852193,FOLIO='10',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_11"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments.
See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Disposals
in the first quarter of 2011 included the partial disposition of the company's interests in the Voyageur Upgrader and Fort Hills project and the
completion of the sale of non-core assets in the U.K.&nbsp;portion of the North Sea. Disposals in the first quarter of 2010 included substantially all of the company's natural gas assets
in the U.S.&nbsp;Rockies and certain natural gas assets in northeast B.C. (known as Blueberry and&nbsp;Jedney).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustments
to the company's deferred income taxes resulting from an increase in the U.K.&nbsp;tax rate on oil and gas profits from the North&nbsp;Sea.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company adjusts net earnings for the change in fair value of significant crude oil risk management derivatives. The company also holds less significant
risk management derivatives for which the company does not adjust net earnings. The company held no significant crude oil risk management derivatives during the first quarter of 2011.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(6)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustment
resulting from the settlement reached in the fourth quarter of 2010 related to the redetermination of working interests in the Terra Nova oil
field. Operating earnings for 2010 have been restated to reflect the portion of the settlement attributable to the respective quarter.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(7)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustments
reflect the impact of a royalty recovery in the fourth quarter of 2010 related to the Alberta government modifying the bitumen valuation
methodology calculation for the interim period from January&nbsp;1, 2009 to December&nbsp;31, 2010. Operating earnings for 2010 have been restated to reflect the portion of the recovery
attributable to the respective quarter. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings by Segment</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=1><B>
<IMG SRC="g144318.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Depreciation,
depletion and amortization. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>011</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=12,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=504820,FOLIO='11',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_12"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Upstream Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> mboe per day (mboe/d)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 601.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 564.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> Downstream Sales Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> Thousands of cubic metres per day (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 44.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 41.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 40.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 40.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Suncor's operating earnings for the first quarter of 2011 were $1.478&nbsp;billion, compared to $370&nbsp;million in the first quarter of 2010. Positive
factors impacting operating earnings in the first quarter of 2011, compared to the same period in 2010,&nbsp;included: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Realized prices for crude oil were considerably higher in the first quarter of 2011, reflected by significant increases in
the benchmark prices for West Texas Intermediate (WTI) and&nbsp;Brent.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Refining margins were also higher in the first quarter of 2011, reflected by large increases in benchmarks for
3-2-1&nbsp;crack spreads. Earnings also benefited from the effects of a rising price environment, as inventories produced during periods of lower feedstock costs have been
sold in the current period at increased prices that reflect current market conditions.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Upstream production for the first quarter of 2011 averaged 601,300&nbsp;boe per day (boe/d), up from 564,600&nbsp;boe/d
in the same period in 2010. The increase in production volumes occurred in Oil Sands and was due primarily to operational improvements in primary extraction and the negative impact of upgrader fires
on prior year production. This increase was partially offset by decreases in Exploration and Production related to asset dispositions that Suncor completed throughout&nbsp;2010. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>These
positive factors were partially offset by the following: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Royalties were higher in the first quarter of 2011, mainly due to higher production volumes from Oil&nbsp;Sands and
higher overall sales prices, partially offset by lower production volumes from Exploration and Production.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Operating expenses were higher in the first quarter of 2011, mainly due to higher share-based compensation expense that was
triggered primarily by the increase in the company's common stock&nbsp;price. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Cash Flow from Operations and Net Debt</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash flow from operations in the first quarter of 2011 was $2.393&nbsp;billion, compared to $1.124&nbsp;billion in the first
quarter of 2010, due mainly to higher sales prices and higher Oil Sands production. As a result of higher cash flow from operations and the receipt of proceeds from the transfer of interests in the
Voyageur Upgrader and Fort Hills projects to Total, the company's net debt decreased to $7.4&nbsp;billion in the first quarter of 2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>012</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=13,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=1026446,FOLIO='12',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_13"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Cash Flow from Operations by Segment</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Quarterly Financial Data</U></B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="7" style="font-family:;"></TD>
<TD WIDTH="115" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> Three months ended<BR>
($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total production</B></FONT><FONT SIZE=1> (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 601.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 625.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 635.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 633.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 564.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 638.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 531.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 336.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Revenue and other income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;981</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;718</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;174</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6&nbsp;950</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5&nbsp;397</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;647</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity income and interest and other income&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 589</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;119</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 843</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 279</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 686</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;046</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;939</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;837</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;017</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;636</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;443</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;768</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;286</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;224</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 540</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 457</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (51</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss) per common share</B></FONT><FONT SIZE=1> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Basic</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Diluted</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.34</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.68</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Operating earnings</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 808</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 785</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 839</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Operating earnings per common share</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)(4)</SUP> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.52</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.24</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash flow from operations</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;129</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;629</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;770</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;129</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 574</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 295</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash flow from operations per common share</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.52</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.04</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.72</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.72</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>ROCE</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)(5)</SUP> (%)<BR>
For the twelve months ended</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Common share information</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>(Share price at the end of trading)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Toronto Stock Exchange (Cdn$)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 43.48</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.33</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.03</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>New&nbsp;York Stock Exchange (US$)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 44.84</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 29.44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.34</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Quarterly
data for periods ending in 2009 is presented in accordance with Previous GAAP. Inputs for metrics for twelve-month periods have been calculated
using earnings information prepared in accordance with IFRS for the portion of the twelve-month period pertaining to 2010 and under Previous GAAP for the portion of the twelve-month period pertaining
to 2009. 2010 data includes amounts classified as discontinued operations under Previous GAAP. See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>As
a result of the merger, on October&nbsp;1, 2009, the company began presenting on a net basis certain amounts in its energy supply and trading
activities for commodity contracts that exceeded the company's expected purchase, sale or usage requirements.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company has restated 2010 operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments.
Operating earnings for periods ending in 2009 have not been restated for these items. See the Basis of Presentation and the Non-GAAP Financial Measures Advisory sections of
this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Excludes
capitalized costs related to major projects in progress. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>013</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=14,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=73669,FOLIO='13',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_14"> </A>

<P style="font-family:;"><FONT SIZE=2>Trends in Suncor's quarterly earnings results and cash flow from operations are driven primarily by production volumes and changes in commodity prices, refining
crack spreads and foreign exchange rates, which are discussed in the Business Environment section of this&nbsp;MD&amp;A. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Over
the last two years, Suncor's results were impacted by several important events: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Results in the first quarter of 2010 were negatively impacted by two upgrader fires that decreased Oil&nbsp;Sands
production.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>As part of its strategic business alignment subsequent to the merger with Petro-Canada, Suncor divested a number of
non-core assets in its Exploration and Production segment throughout 2010. The resulting gains and losses on disposal had one-time impacts on net earnings in the quarters in
which they&nbsp;occurred.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Significant changes occurring through the latter half of 2009 primarily reflect the merger, which closed
August&nbsp;1,&nbsp;2009.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The second quarter of 2009 was negatively impacted by the downturn in the economy, including
mark-to-market losses on risk management commodity derivatives and costs to defer certain growth projects. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Net
earnings over the last two years were also affected by other one-time adjustments, including: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The fourth quarter of 2010 included a pre-tax gain of $295&nbsp;million for the redetermination of working
interests in the Terra&nbsp;Nova oil field and a pre-tax royalty recovery of $140&nbsp;million with respect to the modification of the bitumen valuation methodology calculation. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The second quarter of 2010 included pre-tax impairment adjustments totalling $233&nbsp;million for Oil Sands
assets that were being used in the development of an alternative extraction process and natural gas properties that the company decided not to&nbsp;pursue.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The fourth quarter of 2009 included a one-time positive income tax rate adjustment of $148&nbsp;million
resulting from the provincial rate reduction in&nbsp;Ontario.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The third quarter of 2009 included a pre-tax gain of $438&nbsp;million for the effective settlement of a
pre-existing processing agreement with Petro-Canada as a result of the&nbsp;merger. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Business Environment</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Commodity prices, refining crack spreads and foreign exchange rates are some of the most significant factors that affect the results
of Suncor's operations. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="127" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="35" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> Three months ended<BR>
(average for the period ended)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=30 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>WTI crude oil at Cushing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 94.10</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 85.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 59.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Dated Brent crude oil at Sullom Voe</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 104.95</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 86.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 58.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Dated Brent/Maya FOB price differential</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 15.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Canadian 0.3% par crude oil at Edmonton</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> Cdn$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 88.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 65.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Light/heavy crude oil differential of WTI at Cushing less Western Canadian Select (WCS) at Hardisty</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 23.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas (Alberta spot) at AECO</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> Cdn$/mcf</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3.60</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>New&nbsp;York Harbor 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 19.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Chicago 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 16.45</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Seattle 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 21.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Gulf Coast 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18.50</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exchange rate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/Cdn$</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.01</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.99</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.97</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=30 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>3-2-1&nbsp;crack
spreads are calculated by taking two times the spot price of gasoline at the stated location plus one, multiplied
by the spot price of diesel at the same location, then subtracting three times the near-month contract price for NYMEX Light Sweet Crude Oil delivered at Cushing, and then dividing the
entire sum by&nbsp;three. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>014</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=15,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=594468,FOLIO='14',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_15"> </A>

<P style="font-family:;"><FONT SIZE=2>Suncor's sweet synthetic crude oil price realizations are influenced primarily by changes in the price for WTI at Cushing. The average WTI price for the first
quarter of 2011 increased to US$94.10/bbl from US$85.20/bbl in the fourth quarter of 2010 and from US$78.70/bbl in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
produces a specific grade of sour synthetic crude oil in Alberta, the price realizations for which are influenced by changes in the price for WTI and for Canadian par crude at Edmonton, but
which can also be affected by other conditions resulting from spot sales required to manage inventory levels. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor's
heavy crude oil price realizations are influenced by customers' alternatives. WCS at Hardisty is a common reference price for Canadian heavy crude oil. In the first quarter of 2011, the
average light/heavy crude differential between WTI and WCS widened considerably to US$23.15/bbl, up from US$18.10/bbl in the fourth quarter of 2010 and from US$8.95/bbl in the first quarter
of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
price realizations for crude oil production from East Coast Canada, the North Sea, Libya and Syria are influenced primarily by the price for Brent crude. Brent crude prices increased
significantly in the first quarter of 2011, averaging US$104.95/bbl, and also traded at a substantial premium to WTI. This premium averaged US$10.85/bbl in the first quarter of 2011, compared to
US$1.30/bbl in the fourth quarter of 2010 and a discount of US$2.45/bbl in the first quarter of&nbsp;2010. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor's
price realizations for North American Onshore production are primarily referenced to Alberta spot at AECO. The AECO benchmark averaged $3.60/mcf for the first quarter of 2011, which was
consistent with the fourth quarter of 2010 and lower than the average benchmark of $5.35/mcf in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
refining margins are influenced primarily by 3-2-1&nbsp;crack spreads, which are industry indicators approximating the gross refining margin on a barrel of oil for
gasoline and distillate, and by light/heavy crude differentials, which indicate when more complex refineries can earn greater margins by processing less expensive, heavier crudes. These benchmarks do
not necessarily reflect the margins of a specific refinery, where actual crude purchase costs, refinery configuration and refined product sales markets reflect factors unique to that refinery. Crack
spreads increased significantly in the first quarter of 2011, as prices for refined products outpaced those for crude feedstock, due in part to the WTI discount that developed in the quarter.
Light/heavy crude differentials, including the Brent/Maya differential, also widened significantly in the first quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
majority of Suncor's revenues from the sale of oil and natural gas commodities are based on prices that are determined by, or referenced to, U.S.&nbsp;dollar benchmark prices. The majority of
Suncor's expenditures are realized in Canadian dollars. An increase in the value of the Canadian dollar relative to the U.S.&nbsp;dollar will decrease revenue received from the sale of commodities
and, correspondingly, a decrease in the value of the Canadian dollar relative to the U.S.&nbsp;dollar will increase the revenues received from the sale of&nbsp;commodities. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>015</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=16,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=286572,FOLIO='15',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_16"> </A>

<P style="font-family:;"><FONT SIZE=2><B> SEGMENTED RESULTS AND ANALYSIS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;199</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;795</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (123</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;076</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;725</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (in&nbsp;thousands of bbls/d (mbbls/d))</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Oil Sands net earnings for the first quarter of 2011 were $605&nbsp;million, compared to $89&nbsp;million for the first quarter of 2010. Net earnings in the
first quarter of 2011 included an after-tax loss of $89&nbsp;million on the sale of partial interests in the Voyageur Upgrader and the Fort Hills project to&nbsp;Total. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Operating
earnings for the first quarter of 2011 were $694&nbsp;million, which was significantly higher than operating earnings of $90&nbsp;million for the first quarter of 2010. Production
volumes (excluding Syncrude) were consistent with the record levels achieved in the fourth quarter of 2010&nbsp;&#150;&nbsp;reflecting operational improvements in extraction
activities&nbsp;&#150;&nbsp;and were significantly higher than production volumes in the first quarter of 2010&nbsp;&#150;&nbsp;reflecting the impact of
prior years' upgrader fires. However, earnings in the quarter were negatively impacted by operational issues with hydrogen and hydrotreating units at our upgrading facilities that decreased the amount
of higher value light sweet crude production, weaker sales prices for heavy crude oil and higher operating expenses, including planned upgrader maintenance that is part of the company's rolling
maintenance program. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations for the first quarter of 2011 was $1.137&nbsp;billion, compared to $265&nbsp;million in the first quarter of 2010. The increase in cash flow from operations was due
mainly to the same factors that affected operating earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 89</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of commodity derivatives used for risk management, net of realizations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>016</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=17,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=504123,FOLIO='16',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_17"> </A>
<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g774440.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> (mbbls/d)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Production excluding Syncrude</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 322.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 202.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Syncrude production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Production volumes excluding Syncrude increased significantly in the first quarter of 2011, compared with the first quarter of 2010, and were within
four&nbsp;mbbls/d of the record set in the fourth&nbsp;quarter of 2010, despite upgrader maintenance that was part of the company's rolling maintenance program. In 2010, production was negatively
impacted by a fire and subsequent maintenance at Upgrader 2&nbsp;in December&nbsp;2009 and a second, unrelated fire at Upgrader 1&nbsp;in February&nbsp;2010. Upgrader 2&nbsp;returned to
normal production in early February&nbsp;2010, while Upgrader 1&nbsp;was restored to normal operations on April&nbsp;1,&nbsp;2010. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
situ production volumes averaged 87.3&nbsp;mbbls/d of bitumen in the first quarter of 2011, compared to 87.5&nbsp;mbbls/d of bitumen in the first quarter of 2010. Production volumes in the
first quarter of 2011 at both Firebag and MacKay River operations were comparable to the same period in&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>First
quarter Syncrude production increased to 38.5&nbsp;mbbls/d in the first quarter of 2011, compared to 32.3&nbsp;mbbls/d in the first quarter of 2010. Production was lower in the first quarter
of 2010 primarily due to planned maintenance events. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>017</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=18,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=234387,FOLIO='17',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_18"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Prices and Sales Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Average sales price excluding Syncrude&nbsp;<SUP>(1)(2)</SUP> ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 82.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales volumes excluding Syncrude (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 326.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 196.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales mix (sweet/sour) (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37/63</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38/62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Average sales price&nbsp;&#150;&nbsp;Syncrude&nbsp;<SUP>(1)</SUP> ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 93.33</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales volumes&nbsp;&#150;&nbsp;Syncrude (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
sales price is before royalties and net of related transportation costs.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
sales price excluding Syncrude includes the impact of realized derivative gains and losses pertaining to the company's risk management activities. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Sales volumes increased in the first quarter of 2011, compared with the first quarter of 2010, due mainly to the impacts of upgrader fires on 2010 production.
Although consistent with the same period in 2010, the sweet/sour sales mix in the first quarter of 2011 was lower than expected because of the impacts of unplanned outages in the hydrogen and
hydrotreating units. Despite these outages, the company is encouraged by its progress in its reliability improvement efforts and plans to continue with this operational focus, with a particular
emphasis on upgrading assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, Oil Sands average sales price benefited from higher benchmark prices for crude oil and diesel production. These positive effects were partially offset by the stronger
Canadian dollar relative to the U.S.&nbsp;dollar. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil
Sands average sales price was negatively impacted by the change in the sweet/sour sales mix and by light/heavy crude differentials, which widened significantly in the first quarter of 2011. The
average sales price for bitumen was lower in the first quarter of 2011 than in the same period in 2010, negatively impacted by supply disruptions that increased prices for the diluent that is required
to transport bitumen in pipelines. Suncor's realization for production (excluding Syncrude) averaged WTI less US$10.31/bbl in the first quarter of 2011, compared to WTI less US$8.65/bbl in the first
quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Royalties  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Royalties were higher in the first quarter of 2011 than in the same period in 2010, due mainly to the effects of upgrader fires on
2010 production, higher WTI prices, and MacKay River reaching the post-payout phase in November&nbsp;2010. These increases were mostly offset by higher capital expenditures for Suncor's
Tailings Reduction Operations (TRO<SUB>TM</SUB>) and other mining operations, and higher operating expenses. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>018</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=19,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=970407,FOLIO='18',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_dc14301_1_19"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Cash Operating Costs Reconciliation</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Total Oil Sands cash operating costs increased slightly to $1.050&nbsp;billion in the first quarter of 2011, from
$993&nbsp;million in the first quarter of 2010, primarily due to higher maintenance costs for mining activities and unplanned outages at the hydrogen plants and the diesel hydrotreater. In situ cash
operating costs were also higher due to increased maintenance activities and labour associated with new infrastructure, partially offset by lower natural gas costs due to lower benchmark prices. Oil
Sands cash operating costs per barrel decreased mainly because of the increase in production volumes. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="209" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR></FONT> <FONT SIZE=1><B>March&nbsp;31&nbsp;2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31&nbsp;2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$&nbsp;millions</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$/bbl</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$&nbsp;millions</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$/bbl</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;320</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;162</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Syncrude-related expenses&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (133</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (125</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Other non-production related costs&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash operating costs&nbsp;&#150;&nbsp;excluding Syncrude</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;050</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 993</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
operating costs and cash operating costs per barrel are non-GAAP measures, which are derived by adjusting operating, selling and general
expenses&nbsp;&#150;&nbsp;a GAAP measure&nbsp;&#150;&nbsp;for expenses that management believes do not relate to the production performance of the
operated oil sands assets. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
operating costs exclude Suncor's proportionate share of production and operating, selling and general expenses from the Syncrude joint&nbsp;venture.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Significant
non-production related costs include earnings effects associated with items including, but not limited to, the change in inventory
valuation, share-based compensation expense, costs related to the deferral of growth projects and the accretion of asset retirement obligations. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other operating expenses were higher in the first quarter of 2011 than in the same period in 2010, primarily due to higher share-based
compensation expense that was triggered primarily by the increase in the company's stock price and higher project start-up costs related to increased activity for the Firebag
Stage&nbsp;3 and Stage&nbsp;4 expansions, partially offset by lower costs related to the deferral of growth projects. The company continues to incur costs related to placing certain growth
projects into "safe mode" as a result of the economic downturn in late 2008 and early 2009. These costs were $15&nbsp;million (pre-tax) in the first&nbsp;quarter of 2011 and $37&nbsp;million
(pre-tax) in the first&nbsp;quarter of 2010. Safe mode costs include the costs for maintaining equipment and facilities related to projects still in safe mode and the costs of activities pertaining
to the remobilization of equipment and&nbsp;personnel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>DD&amp;A
expense was higher in the first quarter of 2011 than in the same period in 2010, mainly because of a larger asset base. Exploration costs for in situ properties increased as the company undertook
core hole drilling programs on several of its&nbsp;properties. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company has a planned maintenance event lasting approximately six weeks scheduled for the primary upgrading units in
Upgrader&nbsp;2 in the second quarter of 2011&nbsp;&#150;&nbsp;the largest such event in Suncor's history. To take advantage of current market conditions and maximize
revenues, the company has changed the sequence of work on other units and advanced work originally planned later in the year. The overall time frame of this event is unchanged, and the company expects
production volumes will be reduced by approximately 215,000&nbsp;bbls/d over its&nbsp;duration. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company also has planned maintenance events at central processing facilities for both Firebag, for two weeks in September and MacKay River, for two weeks overlapping the end of the
third&nbsp;quarter. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Syncrude
has a six-week planned maintenance event for September and October of&nbsp;2011. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>019</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=20,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=268646,FOLIO='19',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_20"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Impact of Strategic Alliance with Total</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>During the first quarter of 2011, Suncor and Total received all required approvals to complete their strategic alliance that was
announced on December&nbsp;17, 2010. The closing date for transactions that are part of the arrangement was March&nbsp;22, 2011, with an effective date of January&nbsp;1,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
consideration for Total acquiring a 49% interest in the Voyageur Upgrader, an additional 19.2% interest in the Fort Hills project, rights to certain knowledge and technology licences, and Total
assuming its share of capital expenditures subsequent to the effective date, Suncor received $2.662&nbsp;billion from Total (net&nbsp;of transaction costs) in the first quarter of 2011. Suncor
recorded an after-tax loss of $89&nbsp;million on the partial disposition of its assets, which included derecognizing $267&nbsp;million of goodwill that the company allocated to its
disposed interests. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
retained a 51% interest in the Voyageur Upgrader and a 40.8% interest in the Fort Hills project. Total's interest in Fort Hills increased to 39.2%, with Teck Resources Limited holding the
remaining 20%&nbsp;interest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
consideration for Suncor acquiring a 36.75% interest in Joslyn and assuming its share of capital expenditures subsequent to the effective date, Suncor issued an $842&nbsp;million note payable to
Total that was paid on April&nbsp;29, 2011, which was ten business days following receipt of the order-in-council of Alberta from the lieutenant-governor that approved development of
the&nbsp;project. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Total
retained a 38.25% interest in the Joslyn project, with Occidental Petroleum Corporation (15%) and Inpex Canada&nbsp;Ltd. (10%) holding the remaining interests. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
anticipates that all three projects will be developed concurrently, with the Voyageur Upgrader and Fort Hills coming on-stream in 2016 and Joslyn coming on-stream by
2017 to 2018. The company's strategic alliance with Total also includes crude oil marketing agreements that take effect when the various growth projects commence operations. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> <U>Mine Financial Security Program</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>By law, oil sands mine companies are responsible for reclaiming land that is disturbed by mining and the operation of related plants.
Standards for reclamation are set by the Government of Alberta. During the first quarter of 2011, the Alberta government announced it had finalized changes to its Mine Financial Security Program.
These changes are not expected to impact Suncor in the near term as existing credit instruments provided by Suncor to the government will not be&nbsp;returned and remain in place. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Land-use Framework</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>On April&nbsp;5, 2011, the Government of Alberta issued its draft Lower Athabasca Regional Plan (LARP). This plan, developed as part
of the Land-Use Framework under the Alberta Land Stewardship Act, identifies new conservation areas, as well as management frameworks for air, surface water and groundwater quality. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Although
the company is still reviewing the draft LARP, our preliminary assessment is that the conservation areas currently proposed do not appear to overlap Suncor's leases. The management frameworks
formalize a number of regulatory tools that are already used by the government to manage environmental aspects of oil sands development, and may require Suncor to have greater participation in the
evaluation of environmental issues. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>020</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=21,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=560002,FOLIO='20',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_21"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Comparative figures for Exploration and Production are presented by combining results previously reported separately in the International and Offshore
and Natural Gas&nbsp;segments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;815</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;831</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (432</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (402</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net (loss) earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Exploration and Production had a net loss of $186&nbsp;million in the first quarter of 2011, compared with net earnings of $528&nbsp;million in the first
quarter of 2010. The net loss in the first quarter of 2011 included a one-time negative deferred income tax adjustment of $442&nbsp;million pertaining to the increase in the U.K.
supplementary charge on oil and gas profits in the North Sea and an $81&nbsp;million after-tax loss on disposal of non-core U.K.&nbsp;offshore assets. Net earnings in the
first quarter of 2010 included after-tax gains of $204&nbsp;million on non-core asset dispositions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Exploration
and Production had operating earnings of $337&nbsp;million in the first quarter of 2011, compared with operating earnings of $332&nbsp;million in the first quarter of 2010. The
increase in operating earnings was primarily due to the impact of higher overall average sales prices and lower DD&amp;A, partially offset by the impact of lower overall production volumes as a result of
non-core asset dispositions throughout&nbsp;2010, and the higher effective tax rate on U.K.&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations was $583&nbsp;million in the first quarter of 2011, compared to $848&nbsp;million in the first quarter of 2010, and was negatively impacted by lower overall production
volumes and by current income tax due on the net proceeds received from the disposition of non-core U.K.&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net (loss) earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (204</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impact of income tax rate adjustments on deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 442</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra Nova</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>021</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=22,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=304165,FOLIO='21',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_22"> </A>

<P style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g960831.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>East Coast Canada (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 65.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 74.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North Sea (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 65.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 86.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other International (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 41.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore (mmcfe per day (mmcfe/d))</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 411</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 733</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In East Coast Canada, first quarter production decreased compared with the same quarter in 2010, primarily caused by partial shut-ins at Terra Nova
to assess remediation options for the presence of hydrogen sulphide (H<SUB>2</SUB>S) in certain wells. This decrease was partially offset by the increase in Suncor's working interest in Terra Nova
from 33.990% to 37.675% that came into effect on January&nbsp;1, 2011, and by additional volumes from the North Amethyst portion of the White Rose Extensions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Production
in the North Sea decreased in the first quarter of 2011, compared with the same quarter in 2010, primarily due to the prior period including 12.1&nbsp;mboe/d associated with non-core
asset dispositions completed in 2010. Persistent
gas compression cooler outages have led to a decrease in production at Buzzard, where production volumes averaged 50.3&nbsp;mboe/d in the first quarter of 2011, compared to 58.6&nbsp;mboe/d in the
first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other
International production decreased in the first quarter of 2011, compared with the same period in 2010. The company disposed of its Trinidad and Tobago assets in the third quarter of 2010, while
new production from Syria only commenced in the second quarter of 2010. In Libya, production slowed in February&nbsp;2011 and was completely shut-in by March, due to the
civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>North
American Onshore production decreased to 411&nbsp;mmcfe/d in the first quarter of 2011 from 733&nbsp;mmcfe/d in the first quarter of 2010, primarily due to non-core asset dispositions
throughout 2010. Production from remaining properties in North America decreased 10% compared to the first quarter of 2010, due primarily to natural declines in reservoir performance. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>022</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=23,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=552103,FOLIO='22',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_23"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Prices</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>East Coast Canada ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 104.01</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 78.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North Sea ($/boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 98.28</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 73.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other International ($/boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 91.92</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 59.81</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore&nbsp;&#150;&nbsp;natural gas ($/mcf)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3.72</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore&nbsp;&#150;&nbsp;natural gas liquids and crude oil ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 77.85</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 66.07</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Prices
are calculated before royalties and net of transportation costs. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Average sales prices for crude oil and natural gas liquids in the first quarter of 2011 were significantly higher than the first quarter of 2010, due primarily
to increasing benchmark prices for Brent crude. Average sales prices for natural gas from North American production decreased, due primarily to decreasing benchmark prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Royalties  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>After-tax royalties for Exploration and Production increased in the first quarter of 2011, compared to the same period in
2010. Suncor's operations in Libya and Syria are conducted pursuant to PSCs&nbsp;&#150;&nbsp;royalty amounts presented reflect the difference between Suncor's working interest
in the particular project and the net revenue attributable to Suncor under the terms of the applicable contract. In the first quarter of 2011, royalties in Libya increased as net revenue attributable
to Suncor was lower, mainly due to the civil unrest and ensuing sanctions. East Coast Canada royalties were lower in the first quarter of 2011 than in the same period in 2010, with lower production
volumes more than offsetting higher prices. North American Onshore royalties were also lower than in the same period in 2010, primarily because of asset dispositions and lower sales prices. The
company does not pay royalties on U.K.&nbsp;production. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating expenses were higher in the first quarter of 2011 than in the first&nbsp;quarter of 2010, mainly due to costs associated
with the closure of an office in London, England in March and higher share-based compensation expense triggered primarily by the increase in the company's stock&nbsp;price. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>DD&amp;A
decreased in the first quarter of 2011 compared with the same period in 2010, primarily due to lower production volumes resulting from 2010 asset dispositions. Exploration expense also decreased
in the first quarter of 2011 as activities in Libya were suspended due to the civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Asset Dispositions</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>On March&nbsp;31, 2011, the company completed its sale of non-core U.K.&nbsp;offshore assets (primarily Scott and
Triton) that had an effective date of July&nbsp;1, 2010, for net proceeds of &pound;105&nbsp;million (Cdn$164&nbsp;million), subject to closing adjustments. Net proceeds were reduced
significantly by operations subsequent to the effective date that were recorded as part of the company's earnings up to the closing date. These properties contributed production of 15.4&nbsp;mboe/d
in the first quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>During
2010, the company divested other North Sea assets: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>A portion of the sale of the non-core U.K.&nbsp;offshore assets was completed in the fourth quarter of 2010
for net proceeds of &pound;55&nbsp;million (Cdn$86&nbsp;million).  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On August&nbsp;13, 2010, the company completed the sale of its shares in Petro-Canada Netherlands&nbsp;BV for net
proceeds of &euro;316&nbsp;million (Cdn$420&nbsp;million) with an effective date of January&nbsp;1,&nbsp;2010. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>023</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=24,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=510210,FOLIO='23',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_24"> </A>

<P style="font-family:;"><FONT SIZE=2>North
Sea assets that the company sold in 2010 and 2011 contributed production of 27.5&nbsp;mboe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
August&nbsp;5, 2010, the company completed the sale of its assets in Trinidad and Tobago for net proceeds of US$378&nbsp;million (Cdn$383&nbsp;million) with an effective date of
January&nbsp;1, 2010. These assets contributed production of 11.7&nbsp;mboe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>During
2010, the company divested a number of non-core natural gas assets from its North American Onshore operations: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On March&nbsp;1, 2010, the company sold substantially all of its producing assets in the U.S.&nbsp;Rockies for net
proceeds of US$481&nbsp;million (Cdn$502&nbsp;million). The remaining U.S.&nbsp;Rockies upstream assets were sold shortly thereafter.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On March&nbsp;31, 2010, the company completed the sale of properties located in northeast B.C., known as
Jedney/Blueberry, for net proceeds of $383&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On May&nbsp;31, 2010, the company completed the sale of properties located in central Alberta, known as Rosevear and Pine
Creek, for net proceeds of $229&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On August&nbsp;31, 2010, the company completed the sale of properties located in west central Alberta, known as Bearberry
and Ricinus, for net proceeds of $275&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On September&nbsp;30, 2010, the company completed the sale of properties located in southern Alberta, known as Wildcat
Hills, for net proceeds of $351&nbsp;million. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>These
natural gas properties contributed production of 277&nbsp;mmcfe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company plans to continue divesting non-core properties from its North American Onshore operations. As at March&nbsp;31, 2011, the carrying value of assets classified as held for
sale was $94&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The 15-week dockside maintenance program originally planned for Terra Nova in 2011 is expected to be delayed until 2012,
so that plans to resolve H<SUB>2</SUB>S issues may be implemented concurrently. Terra Nova still plans to undergo a four-week annual maintenance outage during the third quarter of 2011
and has contingency plans ready in the event that swivel performance requires an additional outage. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>White
Rose has a 16-day planned maintenance event scheduled for July&nbsp;2011, though work is ongoing to reduce the length of this&nbsp;event. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
tie-in of the fourth platform at Buzzard has been temporarily delayed and is expected to be completed in the second quarter of 2011. A three-week annual maintenance program
at Buzzard is expected in the third&nbsp;quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Terra Nova Collective Bargaining</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In the first quarter of 2011, the company negotiated a collective agreement with union leadership at Terra Nova. The agreement has not
been ratified by the union membership. Suncor is currently evaluating its next steps. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Political Unrest in the Middle East and North Africa</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In late February, political violence in Libya resulted in Suncor evacuating its expatriate personnel and implementing other security
measures for the safety of Libyan national staff, contractors and other service providers. In early March, as the political violence worsened, production volumes in Libya were shut-in.
Suncor continues to monitor the situation in Libya and to date has taken all reasonable steps to ensure the safety of its people and preserve the value of its assets and operations, and maintain
compliance with the company's Principles for Responsible Investment and Operations, which define Suncor's human rights values and policies in the areas in which we operate. As part of its normal
course of operations, Suncor carries risk mitigation instruments in the aggregate amount of approximately $400&nbsp;million&nbsp;(pre-tax). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;18, 2011, Suncor declared force majeure under its EPSAs. As at March&nbsp;31, 2011, Suncor had no cash inflows and minimal cash outflows pertaining to its operations in Libya. The
carrying value of Suncor's net assets in Libya at March&nbsp;31, 2011 was approximately $900&nbsp;million. Suncor's operations in Libya represented approximately 1% of the company's consolidated
operating earnings for the year ended December&nbsp;31, 2010 and 3% of the company's consolidated assets as at December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>024</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=25,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=895688,FOLIO='24',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_de14301_1_25"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2>
As at March&nbsp;31, 2011, Suncor had not recorded any impairment adjustments related to these assets. Suncor is continuing to evaluate and assess its assets in Libya for potential impairment.
Should the current situation in Libya be resolved in a manner such that the sale of production resumes expediently and without significant remedial expenditure, the value of Suncor's net assets in
Libya will not be impaired. However, should the current situation persist or worsen, such that Suncor is unable to resume operations in the near term or without significant remedial expenditure,
Suncor believes its assets in Libya could be&nbsp;impaired in the future. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
response to the political violence in Libya, the United Nations, the European Union and the Canadian and U.S.&nbsp;governments imposed sanctions on transactions with Libya and corporations
controlled by the Libyan government, including the National Oil Corporation&nbsp;&#150;&nbsp;Suncor's joint venture partner&nbsp;&#150;&nbsp;and Harouge
Oil Operations&nbsp;BV&nbsp;&#150;&nbsp;the joint venture operating company. Suncor is complying with the terms of all sanctions in jurisdictions relevant to the company's
operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>More
recently, unrest has also surfaced in certain regions of Syria. To date, there has been no direct impact to Suncor's operations as a consequence of this unrest. The company continues to monitor
the situation closely with a priority placed on the safety of its personnel and the security of its&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 6&nbsp;079</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;818</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings and operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and product supply</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 546</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Crude oil processed (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings and cash flow from operations are non-GAAP measures. The company has restated prior year operating earnings for the transition to IFRS
and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Refining and Marketing had net earnings and operating earnings of $627&nbsp;million in the first quarter of 2011, compared with net earnings and operating
earnings of $147&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining
and product supply activities contributed $546&nbsp;million to operating earnings in the first quarter of 2011, bolstered by strong cracking margins in all markets and widening light/heavy
crude differentials. Marketing activities contributed $81&nbsp;million to operating earnings in the first quarter of 2011, an increase over the same period in 2010, mainly due to higher sales
volumes and margins in the wholesale and lubricants channels. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations was $929&nbsp;million in the first quarter of 2011, compared to $328&nbsp;million in the first quarter of 2010, and increased primarily due to higher margins and the
other factors affecting operating earnings. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>025</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=26,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=433485,FOLIO='25',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_26"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g999300.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="297">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="309" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refined product sales (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gasoline</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 21.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 17.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Distillates</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 20.8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 34.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other, including petrochemicals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refinery utilization&nbsp;(%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Crude oil processed (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 33.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 31.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 33.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total crude oil processed</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Total sales of refined petroleum products averaged 84,900&nbsp;m&nbsp;<SUP>3</SUP>/d in the first quarter of 2011, compared to
82,200&nbsp;m&nbsp;<SUP>3</SUP>/d in the first quarter of 2010. The economic recovery led to increases in sales volumes of lubricants, as well as distillates in Western Canada through the
company's wholesale network. These increases were partially offset by decreases in retail </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>026</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=27,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=993965,FOLIO='26',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_27"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>sales
volumes that were mainly due to the site divestments completed throughout 2010 that were mandated by the Canadian Competition Bureau as a result of the&nbsp;merger. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refinery
utilization in Eastern North America averaged 97% in the first quarter of 2011. The Montreal refinery ran at record rates in the first quarter, reflecting improvements from the company's
focus on reliable operations, but also increased to make up for reduced throughput at the Sarnia refinery. Logistical constraints on the Enbridge pipeline system are negatively impacting the Sarnia
refinery, which continues to endure ongoing crude availability issues due to the apportionment of pipeline space and crude contamination issues caused by the commingling of Sarnia feedstock with
heavier&nbsp;crudes. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refinery
utilization in Western North America averaged 97% in the first quarter of 2011. The increase over the same period in 2010 was mainly due to improved reliability at the Edmonton refinery that
the company has shown since the middle of last year, resulting from operational improvements following the refinery conversion project in 2009, and the company's need to build inventory levels heading
into planned maintenance events at both refineries in the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Prices and Margins  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Gross margins increased significantly during the first quarter of 2011 and were much higher than in the first quarter of 2010, as
cracking margins were well above historical averages. Earnings also benefited from the effects of a rising price environment, as inventories produced during periods of lower feedstock costs were sold
in the current period at increased prices that reflected current market conditions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Due
to increasing prices for refined products, the company's Sarnia, Edmonton and Commerce City refineries, which all run crude feedstock priced off of WTI, benefited further from the lower relative
feedstock costs reflected by WTI trading at a significant discount to Brent. These refineries also benefited further from widening Western Canada light/heavy differentials and sweet/sour synthetic
crude differentials. Refining margins at the Montreal refinery were also strong, with cracking margins more than offsetting the increase in feedstock costs caused by the increase in prices for
Brent&nbsp;crude. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating expenses were slightly higher in 2011, compared with 2010, due to higher variable transportation costs associated with the
increase in sales volumes, and higher share-based compensation expense that was triggered primarily by the increase in the company's stock&nbsp;price. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Operating
earnings were also positively impacted by a gain pertaining to the company's investments in marketing entities and a decrease in the effective tax rate for the segment as a result of a
higher proportion of taxable earnings in&nbsp;Canada. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The second quarter of 2011 for Refining and Marketing includes planned maintenance events at three of the company's four refineries. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;20, 2011, the company began planned maintenance at the Sarnia refinery that involved the partial shutdown of the refinery's operating units, including the hydrocracking unit. This work
occurred over a five-week period ending on May&nbsp;1. The company increased throughput levels at the Montreal refinery to help offset the loss of production related to this maintenance
event. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;19, 2011, the company began planned maintenance at the Commerce City refinery that involved the shutdown of two out of three crude distillation units and the associated processing
units. This work was completed prior to the end of&nbsp;April. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>027</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=28,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=384477,FOLIO='27',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_28"> </A>

<P style="font-family:;"><FONT SIZE=2>In
late April 2011, the company commenced a six-week program of planned maintenance at the Edmonton refinery, which includes the shutdown of the heavy crude unit, two hydrotreating units
and the delayed coker unit. This work has been co-ordinated with the planned maintenance at Upgrader 2&nbsp;in Oil Sands to minimize the impact of each plant's outages on the&nbsp;other. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>For
planned maintenance events, the company mitigates the impact of lost production on customers by building inventory levels prior to the event and by entering into transactions to ensure the
availability of additional refined products. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Corporate, Energy Trading and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net (loss) earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss)&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Renewable energy</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy trading</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 39</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (189</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (208</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Group eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (45</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow used in operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Power generation marketed (gigawatt hours)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ethanol production (thousands of m<SUP>3</SUP>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The net loss for Corporate, Energy Trading and Eliminations in the first quarter of 2011 was $18&nbsp;million, compared with net earnings of $15&nbsp;million
in the first quarter of 2010. In the first quarter of 2011, the US$/Cdn$ exchange rate increased from 1.01 to 1.03, resulting in an after-tax unrealized foreign exchange gain on
U.S.&nbsp;dollar denominated long-term debt of $162&nbsp;million, compared with an after-tax gain of $230&nbsp;million in the first quarter of 2010, when the US$/Cdn$
exchange rate increased from 0.96 to&nbsp;0.98. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
operating loss for Corporate, Energy Trading and Eliminations in the first quarter of 2011 of $180&nbsp;million was less than the operating loss of $199&nbsp;million in the first quarter of
2010, primarily due to a lower operating loss in Corporate and higher earnings from energy trading activities. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>028</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=29,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=923010,FOLIO='28',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_29"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net (loss) earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merger and integration costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating loss</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Renewable Energy  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's renewable energy assets contributed operating earnings of $15&nbsp;million in the first quarter of 2011, which was
comparable to operating earnings of $14&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of January&nbsp;2011, Suncor completed the expansion of its ethanol plant in Ontario, which increased production capacity from 200&nbsp;million litres per year to 400&nbsp;million
litres per&nbsp;year. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Energy Trading  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Energy trading activities contributed operating earnings of $39&nbsp;million in the first quarter of 2011, compared with an
operating loss of $8&nbsp;million in the first quarter of 2010. The increase in earnings is due primarily to unrealized gains on trading strategies that purchase heavy crude oil in Alberta and
transport it to markets with more favourable prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Corporate and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Corporate had an operating loss of $189&nbsp;million in the first quarter of 2011, compared with an operating loss of
$208&nbsp;million in the first quarter of 2010. Interest expense was lower as the company had less short-term debt throughout the first quarter of 2011 than in the same period in 2010,
and capitalized more interest because of new spending on the Firebag Stage&nbsp;4 expansion and other growth projects. The operating loss in the first quarter of 2010 also included captive insurance
expenses pertaining to the 2009 Upgrader&nbsp;2 fire. These decreases in operating loss were partially offset by an increase in share-based compensation expense that was triggered primarily by the
increase in the company's stock&nbsp;price. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Group
eliminations reflect the elimination of profit on crude oil sales from Oil Sands or East Coast Canada to Refining and Marketing. Consolidated profits are only realized when the refined products
produced from internal purchases of crude feedstock have been sold to third parties. During the first quarter of 2011, $45&nbsp;million of intersegment profit was eliminated. This figure increased
compared with the first quarter of 2010, primarily because of the increase in crude oil&nbsp;prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CAPITAL INVESTMENT UPDATE  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor spent $1.602&nbsp;billion on expenditures for property, plant and equipment and exploration and evaluation activities in the first quarter of
2011. Suncor's total capital budget for 2011 is $6.7&nbsp;billion, including $2.8&nbsp;billion directed towards growth projects. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>029</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=30,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=991693,FOLIO='29',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_dg14301_1_30"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Capital and Exploration Expenditures</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="358" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="66" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR></FONT> <FONT SIZE=1><B>March&nbsp;31 2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;113</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 299</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 128</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 62</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Amounts
reflect cash payments for capital and exploration expenditures and include capitalized interest. The company's purchase of the interest in the
Joslyn project from Total is not included because Suncor did not make payment for the purchase until April&nbsp;2011. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The following sections providing capital investment updates for Suncor's segments contain forward-looking information. See the
Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A for the material risks and assumptions underlying this forward-looking information. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil Sands capital and exploration expenditures were $1.113&nbsp;billion in the first quarter of 2011 and included $200&nbsp;million for the
purchase of oil sands mining leases adjacent to the company's existing landholdings. Growth spending has been primarily focused on the construction of the Firebag Stage&nbsp;3 and Stage&nbsp;4
expansions, the implementation of TRO<SUB>TM</SUB> tailings reclamation technology across existing operations and the Millennium Naphtha Unit (MNU)&nbsp;project. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Firebag Stage&nbsp;3, first quarter expenditures were approximately $160&nbsp;million and focused primarily on the construction of well pads and central plant and cogeneration facilities. In
April&nbsp;2011, the company started injecting steam into a well pad in the Firebag Stage&nbsp;3 expansion. The company expects first oil production to be achieved in early July&nbsp;2011. The
company had previously disclosed that first oil would be achieved by the end of the second quarter. The ramp up period to achieve full production rates is approximately 24&nbsp;months thereafter. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Firebag Stage&nbsp;4, first quarter expenditures were approximately $170&nbsp;million and focused primarily on the construction of infrastructure, well pads, and central plant and cogeneration
facilities. The company expects to begin production at the Stage&nbsp;4 expansion late in the first quarter of&nbsp;2013. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company continued construction of the MNU. The project is scheduled to be completed by the end of 2011 and is expected to provide additional hydrotreating capacity to increase the percentage mix
of sweet synthetic crude oil&nbsp;production. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company anticipates expenditures for: (i)&nbsp;the Voyageur Upgrader to focus on the remobilization of the workforce, confirmation of current design and modification of project execution plans;
(ii)&nbsp;the Fort Hills project to focus on design base memorandum engineering; and (iii)&nbsp;the Joslyn project to focus on geological, engineering, regulatory and environmental studies. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The Exploration and Production segment spent $299&nbsp;million on capital and exploration expenditures in the first quarter of 2011, primarily on
development drilling for Hibernia, Terra Nova and White Rose, exploratory drilling of the Ballicatters well offshore Newfoundland and the appraisal of the Beta discovery offshore Norway. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
plans to begin drilling a production well at Terra Nova in the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
Hibernia Southern Extension project received sanction in the first quarter of 2011. First oil from the extension is expected by the middle of 2011 from platform wells, with further capital
expenditures throughout the year anticipated to be directed towards more development drilling and subsea infrastructure to facilitate increased future production when subsea wells
come&nbsp;on-stream. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>030</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=31,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=1006806,FOLIO='30',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_31"> </A>

<P style="font-family:;"><FONT SIZE=2>At
White Rose, the drilling of development wells continues, with two to three wells planned for the year. White Rose received regulatory approval for a pilot project to be drilled from existing
infrastructure to provide additional information about the West White Rose field that is part of the White Rose Extensions. The completion of the first of these two pilot wells and initial production
volumes are expected in the second half of 2011, with water injection support expected to come on-stream in early&nbsp;2012. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Hebron, front-end engineering activities are continuing, and the project development plan application was submitted to the Canada Newfoundland and Labrador Offshore Petroleum Board on
April&nbsp;15,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
late 2010, a preliminary field development plan was filed for the Golden Eagle Area Development in the North Sea, which included stand-alone facilities designed for 70,000&nbsp;boe/d of gross
production. The field development decision is expected later in 2011. Suncor has a 26.69% interest in this development. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company's exploration activities during the first quarter of 2011 included evaluating the Ballicatters exploration well offshore Newfoundland. In Norway, the company secured an offshore drilling
rig for the fourth quarter of 2011 to drill a further appraisal well on the Beta discovery and meet its exploration commitment on the PL375B licence. In April 2011, Suncor was awarded new exploration
licences (two&nbsp;operated and one non-operated) in the Norway portion of the North Sea. In-country exploration and seismic activities in Libya were suspended indefinitely
as a result of the outbreak of civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining and Marketing spent $128&nbsp;million on capital expenditures in the first quarter of 2011. Spending was primarily focused on planned
maintenance events occurring in the second&nbsp;quarter. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Corporate, Energy Trading and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Renewable Energy  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Development of the 88&nbsp;megawatt (MW) Wintering Hills wind project in southern Alberta and the 20&nbsp;MW Kent Breeze wind
project in Ontario continued in the first quarter of 2011. Capital expenditures focused on the acquisition of wind turbines and the construction of plant facilities and infrastructure. The company
expects both projects to be completed in&nbsp;2011. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Corporate  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Corporate capital expenditures continue on initiatives to integrate pre-merger information systems onto one common
platform. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FINANCIAL CONDITION AND LIQUIDITY  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Indicators  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Working capital&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;148</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 514</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;637</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;903</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12&nbsp;331</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;438</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;254</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt plus shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 47&nbsp;303</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47&nbsp;523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt to total debt plus shareholders' equity (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 23</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Current
assets less current liabilities, excluding cash and cash equivalents, short-term debt, current portion of
long-term&nbsp;debt and current assets and liabilities associated with assets held for&nbsp;sale. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>031</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=32,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=747131,FOLIO='31',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_32"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;<BR></FONT></P>

</UL>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> Twelve months ended<BR>
March&nbsp;31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Return on Capital Employed (%)&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Excluding major projects in progress</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Including major projects in progress</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt to cash flow from operations (times)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest coverage on long-term debt (times)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(4)</SUP><SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Inputs
for metrics for the twelve months ended March&nbsp;31, 2010 have been calculated based on three months of financial information prepared in
accordance with IFRS (the&nbsp;three months ended March&nbsp;31, 2010) and nine months of financial information prepared in accordance with Previous GAAP (the&nbsp;nine months ended
December&nbsp;31, 2009). See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The calculations for ROCE are detailed in the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Net
earnings plus income taxes and interest expense, divided by the sum of interest expense and capitalized interest.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
flow from operations plus current income taxes and interest expense, divided by the sum of interest expense and capitalized interest.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Capital Resources  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's capital resources consist primarily of cash flow from operations and available lines of credit. Suncor's management believes
the company will have the capital resources to fund its planned 2011 capital spending program and meet current and long-term working capital requirements through cash flow from operations,
proceeds from the agreement with Total and other planned asset divestitures, and its available committed credit facilities. The company's cash flow from operations depends on a number of factors,
including commodity prices, production and sales volumes, refining and marketing margins, operating expenses, taxes, royalties and foreign exchange rates. If additional capital is required, Suncor's
management believes adequate additional financing will be available in debt capital markets at commercial terms and&nbsp;rates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Financing Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The management of debt levels continues to be a priority given the company's long-term growth plans. Suncor's management
believes a phased and flexible approach to existing and future growth projects should assist Suncor in maintaining its ability to manage project costs and debt&nbsp;levels. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, Suncor's net debt was $7.438&nbsp;billion, compared to $11.254&nbsp;billion at December&nbsp;31, 2010. Net debt decreased by $3.816&nbsp;billion, largely due to an
increase in cash and cash equivalents resulting from higher cash flow from operations and cash proceeds received from the closing of the transactions with Total. Cash and cash equivalents increased
$2.388&nbsp;billion during the first quarter of 2011, including the impact of the company reducing its short-term debt by $1.232&nbsp;billion. In April&nbsp;2011, Suncor settled the
note payable to Total for the purchase of the interest in Joslyn. This payment had the effect of increasing net debt by $842&nbsp;million. Unutilized lines of credit at March&nbsp;31, 2011 were
approximately $6.5&nbsp;billion, compared to $5.3&nbsp;billion at December&nbsp;31, 2010, and increased due to the repayment of short-term&nbsp;debt. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
company plans to repay the $500&nbsp;million Medium Term Notes due in August&nbsp;2011 and maintain access to short-term commercial paper borrowing at competitive interest rates by
keeping short-term debt at March&nbsp;31, 2011 levels (approximately $750&nbsp;million). The company plans to invest excess cash in short-term investments. The objectives
of the company's short-term investment portfolio will be to ensure the preservation of capital, maintain adequate liquidity to meet cash flow requirements and deliver competitive returns
consistent with the quality and diversification of investments </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>032</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=33,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=856299,FOLIO='32',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_33"> </A>

<P style="font-family:;"><FONT SIZE=2>within
acceptable risk parameters. The maximum weighted average term to maturity of the short-term investment portfolio will not exceed six months, and all investments will be with
counterparties with investment grade debt&nbsp;ratings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
is subject to financial and operating covenants related to its public market and bank debt. Failure to meet the terms of one or more of these covenants may constitute an Event of Default as
defined in the respective debt agreements, potentially resulting in accelerated repayment of one or more of the debt obligations. The company is in compliance with its financial covenant that requires
total debt to not be more than 60% of its total debt plus shareholders' equity. At March&nbsp;31, 2011, total debt to total debt plus shareholders' equity was 23% (December&nbsp;31,
2010&nbsp;&#150;&nbsp;26%). The company is also currently in compliance with all operating covenants. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
preceding paragraphs contain forward-looking information. See the Advisory&nbsp;&#151;&nbsp;Forward-Looking Information section of this MD&amp;A for the material risks and
assumptions underlying this forward-looking information. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Credit Ratings  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The following information regarding the company's credit ratings is provided as it relates to the company's cost of funds and
liquidity and indicates whether or not the company's credit ratings have changed. In particular, the company's ability to access unsecured funding markets and to engage in certain collateralized
business activities on a cost-effective basis is primarily dependent upon maintaining competitive credit ratings. A lowering of the company's credit rating may also have potentially
adverse consequences for the company's funding capacity or access to the capital markets, may affect the company's ability, and the cost, to enter into normal course derivative or hedging
transactions, and may require the company to post additional collateral under certain contracts. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>All
of the company's debt ratings are investment grade. The company's long-term senior debt ratings are BBB+, with a stable outlook from Standard&nbsp;&amp; Poor's (S&amp;P); A&nbsp;(low),
with a stable trend from Dominion Bond Rating Service (DBRS); and Baa2, with a stable outlook from Moody's Investors Service. Suncor's current commercial paper ratings are A-1 (Low) from
S&amp;P and R-1 (low) from DBRS. These credit ratings have not changed from December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Outstanding Shares  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="358" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="66" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(thousands)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31, 2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;572&nbsp;993</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common share options&nbsp;&#150;&nbsp;exercisable and non-exercisable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 64&nbsp;675</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common share options&nbsp;&#150;&nbsp;exercisable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43&nbsp;451</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>As at April&nbsp;28, 2011, the total number of common shares outstanding was 1,573,257,188 and the total number of exercisable and non-exercisable
common share options outstanding was 64,130,735. Once exercisable, each outstanding common share option is convertible into one common&nbsp;share. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Canadian Federal Budget Proposal  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A Canadian federal budget was introduced on March&nbsp;22, 2011; however, opposing parties defeated the government and forced an
election for May&nbsp;2, 2011. The budget included several changes that could have a significant impact on Suncor, including the limitation of deferral opportunities for corporate partnerships, the
change in the future treatment of oil sands lease purchases to Canadian oil and gas property expense from Canadian development expense and the change in future treatment of pre-production
development expenses for oil sands mines to Canadian development expense from Canadian exploration expense. A better understanding of the effects of the budget is subject to a review of the actual
legislation, if and when the budget is passed. The company's preliminary assessment is that, if passed, the budget will decrease cash </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>033</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=34,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=355314,FOLIO='33',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_34"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>flow
from operations by accelerating the payment of cash income taxes, but will not have a significant impact on net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Contractual Obligations, Commitments and Guarantees  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In the normal course of business, the company is obligated to make future payments, including contractual obligations and
non-cancellable commitments. Suncor has included these items in the Aggregate Contractual Obligations section of its 2010 MD&amp;A, which is herein incorporated by&nbsp;reference. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Since
December&nbsp;31, 2010, there have been no material changes to amounts presented in the Aggregate Contractual Obligations table, except that the time frame for the completion of exploration
commitments (US$335&nbsp;million) and payment of other long-term liabilities (US$290&nbsp;million) pertaining to the EPSAs in Libya may be deferred until
later years as a result of the civil unrest and sanctions, and except for the reclassification of $460&nbsp;million from operating lease agreements to capital lease payments as a result of the
company's transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FINANCIAL INSTRUMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor periodically enters into derivative contracts such as forwards, futures, swaps, options and costless collars to manage exposure to fluctuations
in commodity prices and foreign exchange rates, and to optimize the company's position with respect to interest payments. The company also uses physical and financial energy derivatives to earn
trading revenues. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
more information on Suncor's financial instruments and the related financial risk factors, see note&nbsp;21 of the audited Consolidated Financial Statements for the year ended
December&nbsp;31, 2010, which note herein is incorporated by&nbsp;reference. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Energy Trading and Risk Management Activities  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor uses crude oil, natural gas and refined product derivative contracts to earn supply and trading revenues. The results of these
supply and trading activities are reported as Energy supply and trading activity income and expenses in the Consolidated Statements of Comprehensive Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
also uses derivative contracts to hedge risks related to purchases and sales of commodities, to manage exposure to interest rates, and to hedge risks specific to individual transactions. To
comply with IFRS, gains or losses on risk management derivatives are now recorded in Interest and other income in the Consolidated Statements of Comprehensive Income. Under Previous GAAP, these gains
and losses were recorded in the same caption as the related transaction. There are no significant risk management derivative contracts outstanding as at March&nbsp;31,&nbsp;2011. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
change in fair value of derivatives pertaining to energy trading and risk management activities during the first&nbsp;quarter of 2011 was as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="385" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Fair value of derivative contracts outstanding at December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (74</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Fair value of derivative contracts realized during the period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value during the period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Fair value of derivative contracts outstanding at March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>The fair value of derivatives pertaining to energy trading and risk management activities are recorded in the Consolidated Balance Sheets as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="319" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 90</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (109</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (93</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (74</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>034</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=35,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=82903,FOLIO='34',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_di14301_1_35"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Accounting for Fair Value Hedges  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>As at March&nbsp;31, 2011, the company had interest rate swaps relating to $200&nbsp;million of its fixed-rate debt
for Medium Term Notes due August&nbsp;2011 classified as fair value hedges. The fair value of these swaps was $4&nbsp;million at March&nbsp;31, 2011, and is recorded in Accounts receivable in
the Consolidated Balance&nbsp;Sheets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Risks Associated with Derivative Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's price risk management strategies are subject to periodic management reviews to determine appropriate hedge requirements based
on the company's tolerance for exposure to market volatility, as well as the need for stable cash flow to finance future&nbsp;growth. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
may be exposed to certain losses in the event that the counterparties to derivative financial instruments are unable to meet the terms of the contracts. The company minimizes this risk by
entering into agreements with investment grade counterparties. Risk is also minimized through regular management review of the potential exposure to and credit ratings
of such counterparties. Suncor's exposure is limited to those counterparties holding derivative contracts with net positive fair values at the reporting&nbsp;date. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Energy
trading activities are governed by a separate risk management group that reviews and monitors practices and policies, and provides independent verification and valuation of these activities. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> RISK FACTORS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company's financial and operational performance is potentially affected by a number of factors, including but not limited to, the volatility of
commodity prices and exchange rate fluctuations; government regulation, including changes to royalty and income tax legislation; environmental regulation, including changes to climate change and
reclamation legislation; risks associated with operating in foreign countries, including geopolitical and other political risks; operating hazards and other uncertainties, including extreme weather
conditions, fires, explosions and oil spills; risks associated with the execution of major projects; reputational risk; permit approval; labour and materials supply; and other issues discussed within
the Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A. A more detailed discussion of the risk factors affecting the company is presented in the Risk
Factors section of Suncor's 2010 MD&amp;A, which is herein incorporated by reference. See also the Control Environment Section of this&nbsp;MD&amp;A. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CRITICAL ACCOUNTING ESTIMATES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The preparation of financial statements in accordance with GAAP requires management to make estimates, judgments and assumptions that affect reported
assets, liabilities, revenues and expenses, gains and losses, and disclosures of contingencies. These estimates and assumptions are subject to change based on experience and new information. Critical
accounting estimates are those that require management to make assumptions about matters that are highly uncertain at the time the estimate is made. Critical accounting estimates are also those
estimates, which, where a different estimate could have been used or where changes in the estimate that are reasonably likely to occur, would have a material impact on the company's financial
condition, changes in financial condition or financial performance. Critical accounting estimates are reviewed annually by the Audit Committee of the Board of Directors. The following are the critical
accounting estimates used in the preparation of Suncor's March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil and Gas Reserves and Resources  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Measurements of depletion, depreciation, amortization, impairment and decommissioning and restoration obligations are determined in part based on the
company's estimate of oil and gas reserves and resources. Although not reported as part </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>035</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=36,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=321667,FOLIO='35',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_36"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>of
the company's Consolidated Financial Statements, these estimates of reserves and resources can have a significant impact on the Consolidated Financial Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
estimation of reserves is a subjective process and involves the exercise of professional judgment. Reserves and resources were evaluated or reviewed as at December&nbsp;31, 2010 by independent
qualified reserves evaluators in accordance with National Instrument&nbsp;51-101 </FONT><FONT SIZE=2><I>Standards of Disclosure for Oil and Gas Activities</I></FONT><FONT SIZE=2>. The
reserves and resources estimates are based on the definitions and guidelines contained in the Canadian Oil and Gas Evaluation Handbook. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil
and gas reserves and resources estimates are based on a range of geological, technical and economic factors, including projected future rates of production, estimated commodity prices, engineering
data, and the timing and amount of future expenditures, all of which are subject to uncertainty. Assumptions reflect market and regulatory conditions existing at December&nbsp;31, 2010, which could
differ significantly from other points in time throughout the year or in future&nbsp;periods. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Oil and Gas Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company is required to use judgment when designating the nature of oil and gas activities as exploration, evaluation, development
or production, and when determining whether the initial costs of these activities are capitalized. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><U>Exploration and Evaluation Costs</U> </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The costs of drilling exploratory wells are initially capitalized pending the evaluation of commercially recoverable resources. The
determination that commercial resources have been discovered requires both
judgment and industry experience. If a judgment is made that there are no commercially recoverable reserves, the associated exploration costs are charged to Exploration expense. Evaluation costs
incurred when management is assessing whether there are commercially recoverable resources and designing development and front-end engineering plans are capitalized. Capitalized costs associated with
exploration and evaluation assets are subject to ongoing technical, commercial and management review to confirm the continued intent to develop and extract the underlying resources. When management is
making this assessment, changes to project economics, quantities of resources, expected production techniques, unsuccessful drilling, and estimated production costs and capital expenditures are
important factors. If a judgment is made that extraction of the resources is not commercially viable, the associated exploration and evaluation costs are impaired and charged to net&nbsp;earnings. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><U>Development Costs</U> </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Management uses judgment to determine when Exploration and evaluation assets are reclassified to Property, plant and equipment. This
decision considers several factors, including the existence of reserves, the receipt of the appropriate approvals from regulatory bodies and the company's internal project approval processes. After an
oil and gas property is reclassified to Property, plant and equipment, all subsequent development costs are capitalized. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Impairment of Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A cash-generating unit (CGU) is the lowest grouping of integrated assets that generate identifiable cash inflows that are
largely independent of the cash inflows of other assets or groups of assets. The allocation of the company's assets into CGUs requires significant judgment with respect to the integration between
assets, the use of shared infrastructure, the existence of active markets for the company's products and the way in which management monitors operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of each reporting period, the company is required to identify events or conditions that indicate that the net carrying value of a CGU in the Consolidated Balance Sheets might be impaired.
If any such indication exists, the company must complete an impairment assessment for the CGU. A CGU is impaired when the net carrying value of the CGU exceeds management's estimate of the recoverable
amount of the CGU, which is the higher of the CGU's fair value less costs to sell and its value-in-use. Fair value less costs to sell is the amount obtainable from the sale of
the CGU in an arm's-length transaction between knowledgeable, willing parties, less costs of disposal. In determining fair value less costs </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>036</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=37,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=513258,FOLIO='36',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_37"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>to
sell, recent market transactions are taken into account if available; however, in the absence of such transactions, an appropriate valuation model is used. Value-in-use is
assessed using the present value of the future cash flows that the company expects to derive from the CGU. Where management determines that a CGU is
impaired, the net carrying value of the CGU is reduced to the estimated recoverable amount, with the difference reported as part of Depreciation, depletion, amortization and impairment expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Regardless
of any indication of impairment, the company must complete an annual impairment assessment for any CGU, or group of CGUs, whose net carrying value includes indefinite-life
intangible assets or an allocation of goodwill. For Suncor, this includes impairment assessments of the Oil Sands segment and the Refining and Marketing segment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of each reporting period, the company must also assess if there are indicators that conditions causing a previous impairment have reversed. Where new estimates of recoverable amount exceed
net carrying value, previously recorded impairment adjustments are reversed, up to the amount of the original impairment. An impairment of goodwill cannot be reversed. As at March&nbsp;31, 2011, the
company had accumulated $114&nbsp;million of previous impairments on assets in the Exploration and Production segment. These impairments have been adjusted from amounts previously reported because
of the transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Suncor, the estimated recoverable amount of a CGU is predominantly determined using discounted net future cash flow models. The key assumptions the company uses for estimating future cash flows
are future commodity prices, expected production volumes, future operating and development costs, and refining margins. The estimated useful life of the CGU, the timing of future cash flows and
discount rates are also important assumptions made by management. Changes to these assumptions will affect the recoverable amount of a CGU and may require a material impairment to the net carrying
value of that&nbsp;CGU. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company also assesses the impairment of assets when they are classified as held for sale or when they are reclassified from Exploration and evaluation assets to Property, plant and equipment in
the Consolidated Balance Sheets. Assets held for sale are measured at the lower of net carrying value and fair value less costs to sell, which in this situation may also be determined based on
expected sale proceeds when an offer has been&nbsp;received. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> IFRS Transition Exemption  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company applied an IFRS transition exemption to record certain assets at fair value less costs to sell on the date of transition.
The exemption was applied to refinery assets located in Eastern Canada and certain natural gas assets in Western Canada, and resulted in a total reduction of $906&nbsp;million in the net carrying
value of these assets. These adjustments are not impairments and cannot be reversed because they were applied as part of the IFRS transition. The company's estimates of fair value less costs to sell
for these assets required management to make judgments and use assumptions retrospective to the transition date that were similar to those described above. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Fair Value of Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>To estimate the fair value of financial instruments, the company uses quoted market prices when available, or models that use
observable market data. In addition to market information, Suncor incorporates transaction-specific details that market participants would use in a fair value measurement, including the impact of
non-performance risk. Inputs used in determining fair value are characterized using a hierarchy that prioritizes inputs depending on the degree to which they are observable. However, these
fair value estimates may not necessarily be indicative of the amounts that could be realized or settled in a current market transaction. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>037</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=38,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=180052,FOLIO='37',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_38"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Provisions for Decommissioning and Restoration Costs  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company recognizes liabilities for the future decommissioning and restoration of property, plant and equipment, including, but not
limited to, tailings ponds, producing well sites, and crude oil and natural gas processing plants. The provision for such a liability is recognized only to the extent that there is a legal obligation
associated with the retirement of an asset that the company is required to settle as a result of an existing or enacted law, statute, ordinance, written or oral contract, or by legal construction of a
contract under the doctrine of promissory estoppel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>These
provisions are based on estimated costs, which take into account the anticipated method and extent of restoration consistent with legal requirements, technological advances and the possible
future use of the site. Since these estimates are specific to the assets involved, there are many individual judgments and assumptions underlying Suncor's total provision. Actual costs are uncertain
and estimates can vary as a result of changes to relevant laws and regulations, the emergence of new technology, operating experience and changes in prices. The expected timing of future
decommissioning and restoration activities may change due to certain factors, including oil and gas reserves life. Changes to assumptions related to future expected costs, discount rates and timing
may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>When
these provisions are initially recognized, an equal amount is capitalized as part of the cost of the associated asset and is amortized to expense over the life of the&nbsp;asset. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
fair value of these provisions is estimated by discounting the expected future cash flows using the company's credit-adjusted risk-free interest rate. In subsequent periods, the
provision is adjusted for the passage of time by charging an amount to Accretion of liabilities in Financing expenses, based on the discount&nbsp;rate. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Other Provisions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>An onerous contract is one in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits
expected to be received under&nbsp;it. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>A
constructive obligation is one where Suncor, by an established pattern of past practice, published policies, or a sufficiently current statement, has indicated that it will accept certain
responsibilities and has created a valid expectation in other parties that it will discharge those responsibilities. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
determination of other provisions, including, but not limited to, provisions for royalty disputes, onerous contracts, litigation and constructive obligations, is a complex process that involves
judgments about the outcomes of future events, the interpretation of laws and regulations, expected future cash flows and discount&nbsp;rates. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
company is involved in litigation and claims in the normal course of operations. As at March&nbsp;31, 2011, management believes the result of any settlements related to such litigation or claims
would not materially affect the financial position of the&nbsp;company. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Employee Future Benefits  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company provides benefits to employees and retired employees, including pensions and other post-retirement benefits.
The obligations and costs of defined benefit pension and other post-retirement benefit plans are determined based on actuarial valuation methods and assumptions. Assumptions typically used
in determining these amounts include, as applicable, rates of employee turnover, future claim costs, discount rates, future salary and benefit levels, the return on plan assets, mortality rates and
future medical costs. The accrued net benefit liability is reported as Other long-term liabilities in the Consolidated Balance&nbsp;Sheets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
fair value of plan assets is determined using market values. The estimated rate of return on plan assets in the portfolio considers the current level of returns on fixed income assets, the
historical level of risk premium associated with other </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>038</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=39,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=855867,FOLIO='38',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_39"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>asset
classes and the expected future returns on all asset classes. The discount rate assumption is based on the year-end interest rates for high quality bonds that mature at times concurrent with the
company's benefit obligations. The estimated rate for compensation increases is based on management's judgment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Actuarial
valuations are subject to management's judgment. Actuarial gains and losses comprise changes to assumptions related to discount rates, expected return on plan assets and annual rates for
compensation increases. They are accounted for on a prospective basis and may have a material impact on the amounts presented. Actuarial gains and losses are recognized in Other comprehensive income
in the Consolidated Statements of Comprehensive Income in the period incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The determination of the company's income tax provision is an inherently complex process, requiring management to interpret
continually-changing regulations and to make other judgments, including those about deferred income taxes that are discussed below. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Management
believes that adequate provisions have been made for all income tax obligations, although the results of audits and reassessments and changes in the interpretations of standards may result
in a material increase or decrease in the company's assets, liabilities and net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Deferred Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A taxable or a deductible temporary difference exists when there is a difference between the carrying value of an asset or liability
and its respective tax basis. The reversal of deductible temporary differences results in deductible amounts when determining taxable income in future periods. The reversal of taxable temporary
differences results in taxable amounts when determining taxable income of future&nbsp;periods. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Deferred
tax assets are recognized when it is considered probable that deductible temporary differences will be recovered in the foreseeable future. To the extent that future taxable income and the
application of existing tax laws in each
jurisdiction differ significantly from the company's estimate, the ability of the company to realize the deferred tax assets could be&nbsp;impacted. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Deferred
tax liabilities are recognized when there are taxable temporary differences that will reverse and result in a future outflow of funds to a taxation authority. The company records a provision
for the amount that is expected to be settled, which requires the application of judgment as to the ultimate outcome. Deferred tax liabilities could be impacted by changes in the company's estimate of
the likelihood of a future outflow, the expected settlement amount, and the tax laws in the jurisdictions in which the company operates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CHANGES IN ACCOUNTING POLICIES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's significant accounting policies are described in note&nbsp;3 to&nbsp;the March&nbsp;31, 2011 unaudited Interim Consolidated Financial
Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Adoption of IFRS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Effective January&nbsp;1, 2011, the company began reporting under IFRS. The accounting policies referenced above have been applied
in preparing the financial results for the three-month periods ended March&nbsp;31, 2011 and 2010, the financial results for the year ended December&nbsp;31, 2010, and the company's opening
balance sheet as at January&nbsp;1, 2010. A detailed reconciliation of amounts reported under Previous GAAP to those presented in this MD&amp;A is provided in note&nbsp;5 to&nbsp;the unaudited
Interim Consolidated Financial Statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>039</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=40,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=422345,FOLIO='39',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_40"> </A>

<P style="font-family:;"><FONT SIZE=2>The
following table provides a summary reconciliation of consolidated net earnings reported under Previous GAAP to that reported under&nbsp;IFRS: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="263" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="69" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="69" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Year ended<BR>
December&nbsp;31 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings, as reported under Previous GAAP</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;571</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments to net earnings:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provision for deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings, as reported under IFRS</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>The transition to IFRS included adjustments of $1.632&nbsp;billion that decreased the carrying amount of Suncor's Property, plant and equipment as at
January&nbsp;1, 2010. Suncor applied an IFRS exemption that permitted it to revalue the amount of decommissioning and restoration costs included in the carrying value of the related assets. Suncor
also applied an IFRS exemption that permitted it to record certain assets at fair value less costs to sell on the date of transition. The increase in net earnings under IFRS, compared to Previous
GAAP, is primarily a result of applying these exemptions to decrease the company's carrying value of Property, plant and equipment, and consequently decrease subsequent depreciation of those assets
and increase any gains or decrease any losses on the disposal of those&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
transition to IFRS also required that the company adopt accounting policies that are different to those previously reported. Changes to accounting policies that may have a significant impact on
the company's net earnings or presentation of net earnings include: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Impairment of assets&nbsp;&#150;&nbsp;Under Previous GAAP, an asset was not impaired if estimates of
its recoverable amount using undiscounted expected future cash flows exceeded its net carrying value. Under IFRS, discounted cash flows must form the estimate of recoverable amount, essentially making
it more likely that asset impairments will be&nbsp;required.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Classification of discontinued operations&nbsp;&#150;&nbsp;Under Previous GAAP, most of the
company's 2010 asset dispositions met the definition of discontinued operations, whereas under IFRS only an immaterial amount of the 2010 dispositions met the IFRS definition of discontinued
operations. As a result, the company has restated amounts previously reported and is not presenting any discontinued operations for 2010 comparative figures. The company does not expect that any of
the non-core properties it is planning to divest from its North&nbsp;American Onshore operations will meet the IFRS definition for discontinued operations. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The
company's IFRS conversion project is winding down. Comprehensive training and implementation of business process changes will continue into the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Recently Announced Accounting Standards  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>As part of the International Accounting Standards Board (IASB) project to replace
IAS&nbsp;39&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Financial Instruments: Recognition and Measurement</I></FONT><FONT SIZE=2>, in November&nbsp;2009 the IASB issued the
first phase of IFRS&nbsp;9&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Financial Instruments</I></FONT><FONT SIZE=2>, which introduces new requirements for the classification and
measurement of financial assets. The new standard was further revised in October&nbsp;2010 to include requirements regarding the classification and measurement of financial liabilities. The standard
is applicable for annual periods starting on or after January&nbsp;1, 2013. The full impact of the changes in accounting for financial instruments will not be known until the IASB project has
been&nbsp;completed. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>040</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=41,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=993709,FOLIO='40',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_41"> </A>

<P style="font-family:;"><FONT SIZE=2><B> CONTROL ENVIRONMENT  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Based on their evaluation as of March&nbsp;31, 2011, Suncor's chief executive officer and chief financial officer concluded that the company's
disclosure controls and procedures (as&nbsp;defined in Rules&nbsp;13a-15(e) and&nbsp;15d-15(e) under the United&nbsp;States Securities Exchange Act of 1934
(the&nbsp;Exchange Act)) are effective to ensure that information required to be disclosed by the company in reports that are filed or submitted to Canadian and U.S.&nbsp;securities authorities is
recorded, processed, summarized and reported within the time periods specified in Canadian and U.S.&nbsp;securities laws. In addition, as of March&nbsp;31, 2011, there were no changes in the
internal control over financial reporting (as&nbsp;defined in Exchange Act Rules&nbsp;13a-15(f)&nbsp;&#150;&nbsp;15d-15(f)) that occurred during the
three-month period ended March&nbsp;31, 2011 that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting. Management will
continue to periodically evaluate the company's disclosure controls and procedures and internal control over financial reporting and will make any modifications from time to time as deemed necessary. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>As
a result of political violence in Libya, Suncor is not able to monitor the status of all of its facilities, including whether certain facilities have suffered damages. Suncor has assessed and is
continually monitoring the control environment in Libya and does not consider the changes to have a material impact on the company's overall internal control over financial reporting. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company continues to integrate Petro-Canada's historical internal controls over financial reporting with its own internal controls over financial reporting. This integration will lead to changes
in these controls in future fiscal periods, but it is not yet known whether these changes will materially affect internal control over financial reporting. This integration process is expected to be
completed by the end of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Based
on their inherent limitations, disclosure controls and procedures and internal control over financial reporting may not prevent or detect misstatements, and even those controls determined to be
effective can provide only reasonable assurance with respect to financial statement preparation and presentation. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CORPORATE GUIDANCE  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor has updated its 2011 corporate guidance that was stated in its December&nbsp;17, 2010 press release. The press release of Suncor dated
May&nbsp;3, 2011, which is also available on <U>www.sedar.com</U>, provides the updated corporate guidance and additional details describing why the guidance was revised. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> NON-GAAP FINANCIAL MEASURES ADVISORY  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain financial measures in this MD&amp;A&nbsp;&#150;&nbsp;namely operating earnings, cash flow from operations, ROCE and Oil
Sands cash operating costs&nbsp;&#150;&nbsp;are not prescribed by GAAP. These non-GAAP financial measures do not have any standardized meaning and therefore are
unlikely to be comparable to similar measures presented by other companies. These non-GAAP financial measures are included because management uses the information to analyze operating
performance, leverage and liquidity. Therefore, these non-GAAP financial measures should not be considered in isolation or as a substitute for measures of performance prepared in
accordance with&nbsp;GAAP. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands Cash Operating Costs  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil Sands cash operating costs are reconciled in the Segmented Results and Analysis&nbsp;&#150;&nbsp;Oil Sands
section of this&nbsp;MD&amp;A. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>041</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=42,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=225705,FOLIO='41',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_42"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating earnings is a non-GAAP measure that adjusts net earnings for significant items that are not indicative of
operating performance that management believes reduces the comparability of the underlying financial performance between periods. Management uses operating earnings to evaluate operating performance,
because management believes it provides better comparability between periods. All reconciling items are presented on an after-tax basis. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Prior
period operating earnings have been restated in this MD&amp;A. In the fourth quarter of 2010, the company reflected two one-time earnings
adjustments&nbsp;&#150;&nbsp;the modification of the bitumen valuation methodology and the gain on the redetermination of working interests in the Terra&nbsp;Nova oil
field&nbsp;&#150;&nbsp;by restating operating earnings for all relevant prior quarters. In the first quarter of 2011, three operating earnings
adjustments&nbsp;&#150;&nbsp;mark-to-market valuation of stock-based compensation, project start-up costs and costs related to the deferral
of growth projects&nbsp;&#150;&nbsp;were eliminated from the
operating earnings reconciliation due to their relatively minor impact on operating earnings in 2011 and 2010. Less significant individual gains and losses on disposal were also removed from operating
earnings reconciling items reported in prior periods. Finally, adjustments to net earnings for the transition to IFRS also had an impact on operating earnings and existing operating earnings
adjustments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
following is a reconciliation of operating earnings as reported in the company's previous reports to operating earnings as reported in this&nbsp;MD&amp;A: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="128" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="44" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Three months ended March&nbsp;31, 2010<BR>
($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and<BR>
Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and<BR>
Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate,<BR>
Energy Trading<BR>
and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss), as previously reported&nbsp;<SUP>(1)</SUP><SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (226</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 287</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for one-time earnings effects:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra&nbsp;Nova</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Removal of operating earnings adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Mark-to-market valuation of stock-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Costs related to deferral of growth projects</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>IFRS adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings reconciling items:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings (loss), as restated in this MD&amp;A</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 90</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 332</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 147</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (199</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 370</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) includes amounts classified as discontinued operations under Previous&nbsp;GAAP.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) as previously reported in Suncor's MD&amp;A dated May&nbsp;3, 2010. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>042</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=43,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=222039,FOLIO='42',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_43"> </A>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="128" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="44" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Year ended December&nbsp;31, 2010<BR>
($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and<BR>
Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and<BR>
Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate,<BR>
Energy Trading<BR>
and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss), as previously reported&nbsp;<SUP>(1)</SUP><SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;535</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 782</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (709</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Removal of operating earnings adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Mark-to-market valuation of stock-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Costs related to deferral of growth projects</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>IFRS adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings reconciling items:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impairment and write-offs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings (loss), as restated in this MD&amp;A</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;379</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;361</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 796</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (734</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;802</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) includes amounts classified as discontinued operations under Previous&nbsp;GAAP.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) as previously reported in Suncor's MD&amp;A dated February&nbsp;24, 2011. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Return on Capital Employed (ROCE)  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>ROCE is a non-GAAP measure that management uses to analyze operating performance, leverage and&nbsp;liquidity. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="249" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="43" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="49" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="49" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>For the twelve months ended March&nbsp;31<BR>
($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Adjustments to net earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;082</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;114</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Add after-tax amounts for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2> Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (308</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;173</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 300</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 361</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;074</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;302</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Capital employed&nbsp;&#150;&nbsp;beginning of twelve-month period</B></FONT><FONT SIZE=2>&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;638</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 32&nbsp;622</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;366</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 45&nbsp;933</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 23&nbsp;004</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Capital employed&nbsp;&#150;&nbsp;end of twelve-month period</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;438</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;311</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43&nbsp;838</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 45&nbsp;933</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Average capital employed</B></FONT><FONT SIZE=2>&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> B</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 45&nbsp;684</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38&nbsp;707</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>ROCE&nbsp;&#150;&nbsp;including major projects in progress</B></FONT><FONT SIZE=2> (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A/B</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Average capitalized costs related to major projects in progress</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> C</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;045</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;660</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>ROCE&nbsp;&#150;&nbsp;excluding major projects in progress</B></FONT><FONT SIZE=2> (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A/(B-C)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Earnings
figures for the twelve months ended March&nbsp;31, 2010 include three months reported under IFRS and nine months reported under Previous GAAP.
See the Basis of Presentation section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>043</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=44,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=224514,FOLIO='43',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_44"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Financial
information as at March&nbsp;31, 2009 is presented as reported under Previous GAAP. See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
capital employed is calculated as a thirteen-month average of the capital employed balance at the beginning of the twelve-month period and the
month-end capital employed balances throughout the remainder of the twelve-month period. Figures for capital employed at the beginning and end of the twelve-month period are presented to
show the changes in the components of the calculation over the twelve-month period. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Cash Flow from Operations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash flow from operations is a non-GAAP measure that adjusts a GAAP measure&nbsp;&#150;&nbsp;Cash flow provided
by operating activities&nbsp;&#150;&nbsp;for changes in non-cash working capital, which management uses to analyze operating performance and liquidity. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="134" style="font-family:;"></TD>
<TD WIDTH="2" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="23" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="23" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Oil Sands&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Exploration and Production&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Refining and<BR>
Marketing&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:4pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
&nbsp;&nbsp;Corporate,<BR>
&nbsp;&nbsp;Energy<BR>
&nbsp;&nbsp;Trading and<BR>
&nbsp;&nbsp;Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:4pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 102</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 190</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 253</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 97</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 203</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 61</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (44</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of derivative contracts</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (67</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 112</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 146</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (280</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 48</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 79</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (68</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 173</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (147</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (46</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (245</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (42</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total cash flow from (used in) operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> ADVISORY&nbsp;&#150;&nbsp;FORWARD-LOOKING INFORMATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>This Management's Discussion and Analysis contains certain forward-looking statements and other information
based on Suncor's current expectations, estimates, projections and assumptions that were made by the company in light of its experience and its perception of historical trends, including: expectations
and assumptions concerning the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; capital efficiencies and cost-savings; applicable
royalty rates and tax laws; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; and the
receipt, in a timely manner, of regulatory and third-party approvals. All statements and other information that address expectations or projections about the future, and other statements and
information about Suncor's strategy for growth, expected and future expenditures, commodity prices, costs, schedules, production volumes, operating and financial results and expected impact of future
commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like "expects", "anticipates", "estimates", "plans", "scheduled",
"intends", "believes", "projects", "indicates", "could", "focus", "vision", "goal", "outlook", "proposed", "target", "objective", and similar expressions. Forward-looking statements in this
Management's Discussion and Analysis include references&nbsp;to:</I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Plans to: (i)&nbsp;bring Fort Hills and Voyageur (which are anticipated to be operated by Suncor)
on-stream by 2016; (ii)&nbsp;bring Joslyn on-stream by 2017-2018; and (iii)&nbsp;take advantage of opportunities to share resources and knowledge across the
development of these&nbsp;projects.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Planned maintenance events scheduled for: (i) the primary upgrading units in Upgrader 2&nbsp;in
the second quarter of 2011, which the company expects will reduce production volumes by approximately 215,000&nbsp;bbls/d over the duration of the event (expected to be approximately six weeks);
(ii)&nbsp;central processing facilities for both Firebag for two weeks in September, and MacKay River, for two weeks overlapping the end of the third quarter; (iii)&nbsp;six weeks in September and
October for&nbsp;Syncrude;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's preliminary assessment that the conservation areas currently proposed by the draft LARP do
not appear to overlap Suncor's leases, and that the proposed management frameworks may require Suncor to have greater participation in the evaluation of environmental
issues;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan for Terra Nova to undergo a four-week annual maintenance outage during the
third quarter of&nbsp;2011 and a 15-week dockside maintenance in 2012, which is expected to allow for the resolution of the presence of H<SUB>2</SUB>S in certain
wells;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's expectation that the fourth platform at Buzzard will be completed in the second quarter
of&nbsp;2012;</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>044</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=10,SEQ=45,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=219258,FOLIO='44',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_45"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that: (i)&nbsp;Buzzard will complete a three-week annual maintenance
program during the third quarter; and (ii)&nbsp;White Rose will complete a 16-day maintenance outage during July&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that its assets in Libya could be impaired in certain
circumstances;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Planned maintenance events at Suncor's Edmonton refinery (six-week
period);</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that: (i)&nbsp;the Firebag Stage&nbsp;3 expansion will be fully operational
during the third quarter of 2011, achieving first oil by early July&nbsp;2011 and production ramping up over approximately 24&nbsp;months thereafter towards targeted capacity of
62,500&nbsp;bbls/d of bitumen; and (ii)&nbsp;production will begin at its Firebag 4&nbsp;expansion in the first quarter of&nbsp;2013, which has a planned capacity of 62,500&nbsp;bbls/d of
bitumen;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's expectations on expenditures as follows: (i)&nbsp;the Voyageur Upgrader to focus on the
remobilization of the workforce, confirmation of current design and modification of project execution plans; (ii)&nbsp;the Fort Hills project to focus on design base memorandum engineering; and
(iii)&nbsp;the Joslyn project to focus on geological, engineering, regulatory and environmental studies.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Scheduled completion by the end of 2011 of Suncor's MNU
project;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to begin drilling a production well at Terra Nova in the second quarter
of&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Anticipated first oil by the middle of 2011 at the Hibernia Southern Extension, with further capital
expenditures throughout the year directed towards development drilling and subsea infrastructure;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The plans for two to three wells to be drilled at White Rose this year, with completion of one pilot
well and production expected in the second half of&nbsp;2011, with water injection support expected to come on-stream in early 2012;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Anticipated field development decision for the Golden Eagle Area Development later
in&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's goal of continuing to focus improvement efforts on operational
integrity;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's planned divestment of further non-core North American Onshore
properties;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The belief that the company will complete both the Kent Breeze Project and the Wintering Hills
Project in 2011 and that, upon completion, Suncor's renewable energy assets will displace nearly one million tonnes of carbon&nbsp;dioxide annually;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's management's belief that Suncor will have the capital resources to fund its planned 2011
capital spending program and to meet current and long-term working capital requirements and that if additional capital is required, adequate additional financing will be available to
Suncor in the debt capital markets at commercial terms and rates;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's management's belief that a phased and flexible approach to existing and future growth
projects should assist Suncor in maintaining its ability to manage project costs and debt levels;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to invest excess cash in short-term
investments;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The objectives of Suncor's short-term investment
portfolio;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to repay $500&nbsp;million Medium Term notes due in August&nbsp;2011 and keep
short-term debt at March&nbsp;31, 2011 levels, and other investment objectives, including the company's plan to invest cash in short-term investments;
and</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's preliminary assessments around the federal budget released on
March&nbsp;22,&nbsp;2011.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas
companies and some that are unique to Suncor. Suncor's actual results may differ materially from those expressed or implied by its forward-looking statements, and information and readers are cautioned
not to place undue reliance on&nbsp;them.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>The financial and operating performance of the company's business segments, including Oil Sands, Exploration and Production, and Refining and Marketing, may be affected by a
number of factors, including, but not limited to, the&nbsp;following:</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Oil Sands segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Production reliability risk. Our ability to reliably operate our oil sands facilities in order to
meet production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to finance oil sands growth and sustaining capital expenditures in a volatile commodity
pricing environment.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Bitumen supply. The unavailability of third-party bitumen, poor ore grade quality, unplanned mine
equipment and extraction plant maintenance, tailings storage and in situ reservoir and equipment performance could impact production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Performance of recently commissioned facilities. Production rates while new equipment is being lined
out are difficult to predict and can be impacted by unplanned maintenance.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to manage production operating costs. Operating costs could be impacted by inflationary
pressures on labour, volatile pricing for natural gas used as an energy source in oil sands processes, and planned and unplanned maintenance. We continue to address these risks through strategies such
as application of technologies that help manage operational workforce demand, offsetting natural gas purchases through internal production, investigation of technologies that mitigate reliance on
natural gas as an energy source, and an increased focus on preventive maintenance.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to complete projects both on time and on budget. This could be impacted by competition
from other projects (including other oil sands projects) for goods and services and demands on infrastructure in Fort McMurray and the surrounding area (including housing, roads and schools). We
continue to address these issues through a comprehensive recruitment and retention strategy, working with the community to determine infrastructure needs, designing Oil Sands expansion to reduce unit
costs, seeking strategic alliances with service providers and maintaining a strong focus on engineering, procurement and project management.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Potential changes in the demand for refinery feedstock and diesel fuel. Our strategy is to reduce
the impact of this issue by entering into long-term supply agreements with major customers, expanding our customer base and offering a variety of blends of refinery feedstock to meet
customer specifications.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Volatility in light/heavy and sweet/sour crude oil
differentials.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Logistical constraints and variability in market demand, which can impact crude movements. These
factors can be difficult to predict and&nbsp;control.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Changes to royalty and tax legislation and related agreements that could impact our business
(including our current dispute with the Alberta Department of Energy in respect of the Bitumen Valuation Methodology Regulation). While fiscal regimes in Alberta and Canada are generally stable
relative to many global jurisdictions, royalty and tax treatments are subject to periodic review, the outcome of which is not predictable and could result in changes to the company's planned
investments and lower rates of return on existing investments.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationship with our trade unions. Work disruptions have the potential to adversely affect Oil
Sands operations and growth projects.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Environmental initiatives. On April&nbsp;5, 2011, the Government of Alberta issued its draft Lower
Athabasca Regional Plan implementing the Land-Use Framework under the Alberta Land Stewardship Act. The plan identifies new conservation areas, as well as management frameworks for air,  </I></FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>045</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=11,SEQ=46,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=117322,FOLIO='45',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_46"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=1><I> surface water and groundwater quality. The proposed legislation may require Suncor to have greater participation in the evaluation of environmental issues and could result in Suncor having to
relinquish certain of its&nbsp;leases.</I></FONT></P>

</UL>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Exploration and Production segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Volatility in crude oil and natural gas prices.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risk associated with a depressed market for asset sales, leading to losses
on&nbsp;disposition.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The accessibility and cost of mineral rights. Market demand influences the cost and available
opportunities for mineral leases and acquisitions.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with weather conditions, which can shorten the winter drilling
season and impact the spring and summer drilling program, which may result in increased costs and/or delays in bringing on new&nbsp;production.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with international and offshore operations normally inherent in
such activities such as drilling, operation and development of such properties, including unexpected formations or pressures, premature declines of reservoirs, fires, blow-outs, equipment
failures and other accidents, uncontrollable flows of crude oil, natural gas or well fluids, pollution and other environmental risks.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Performance after completion of maintenance is not predictable and can significantly impact
production rates.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with consulting with stakeholders and obtaining regulatory
approval for exploration and development activities.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with weather conditions, which may result in increased costs
and/or delays in exploration, operations or abandonment activities.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's foreign operations and related assets are subject to a number of political, economic and
socio-economic risks. Suncor's operations in Syria may be constrained by political unrest. Suncor's operations have been suspended due to political violence in
Libya.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationships with trade unions. In the first quarter of 2011, the company negotiated a
collective agreement with union leadership at Terra&nbsp;Nova. The agreement has not been ratified by the union leadership.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Refining and Marketing segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Production reliability risk. Our ability to reliably operate our refining and marketing facilities
in order to meet production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Management expects that fluctuations in demand and supply for refined products, margin and price
volatility, and market competition, including potential new market entrants, will continue to impact the business environment.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>There are certain risks associated with the execution of capital projects, including the risk of
cost overruns. Numerous risks and uncertainties can affect construction schedules, including the availability of labour and other impacts of competing projects drawing on the same resources during the
same time&nbsp;period.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationship with our trade unions. Hourly employees at our Edmonton refinery, our Sarnia
refinery, our Commerce City refinery, our Montreal refinery, certain of our lubricants operations, certain of our terminalling operations and at Sun-Canadian Pipeline Company Limited are
represented by labour unions or employee associations. Any work interruptions involving our employees, and/or contract trades utilized in our projects or operations, could have a material adverse
effect on our business, financial condition, results of operations and cash&nbsp;flow.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Additional Risks, Uncertainties and Other Factors  </I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Additional risks, uncertainties and other factors that could influence the actual results of all of Suncor's business segments
include, but are not limited to, market instability affecting Suncor's ability to borrow in the capital debt markets at acceptable rates; consistently and competitively finding and developing reserves
that can be brought on-stream economically; success of hedging strategies; maintaining a desirable debt to cash flow ratio; changes in the general economic, market and business conditions;
our ability to finance capital investment to replace reserves or increase processing capacity in a volatile commodity pricing and credit environment; fluctuations in supply and demand for Suncor's
products; commodity prices, interest rates and currency exchange; volatility in natural gas and liquids prices is not predictable and can significantly impact revenues; Suncor's ability to respond to
changing markets and to receive timely regulatory approvals; the successful and timely implementation of capital projects, including growth projects and regulatory projects; risks and uncertainties
associated with consulting with stakeholders and obtaining regulatory approval for exploration and development activities in Suncor's operating areas (these risks could increase costs and/or cause
delays to or cancellation of projects); effective execution of planned turnarounds; the accuracy of cost estimates, some of which are provided at the conceptual or other preliminary stage of projects
and prior to commencement or conception of the detailed engineering needed to reduce the margin of error and increase the level of accuracy; the integrity and reliability of Suncor's capital assets;
the cumulative impact of other resource development; the cost of compliance with current and future environmental laws; the accuracy of Suncor's reserves, resources and future production estimates and
its success at exploration and development drilling and related activities; the maintenance of satisfactory relationships with unions, employee associations and joint venture partners; competitive
actions of other companies, including increased competition from other oil and gas companies or from companies that provide alternative sources of energy; labour and material shortages; uncertainties
resulting from potential delays or changes in plans with respect to projects or capital expenditures; actions by governmental authorities, including the imposition of taxes or changes to fees and
royalties, changes in environmental and other regulations (for&nbsp;example, our negotiations with the Alberta Department of Energy in respect of the Bitumen Valuation Methodology Regulation and the
Government of Canada's current review of greenhouse gas emissions regulations); the ability and willingness of parties with whom we have material relationships to perform their obligations to us
(including in respect of any planned divestitures); risks and uncertainties associated with the ability of closing conditions to be met with respect to the sale of any of Suncor's assets, the timing
of closing and the consideration to be received with respect to the planned sale of any of Suncor's assets, including the ability of counterparties to comply with their obligations in a timely manner
and the receipt of any required regulatory or other third-party approvals outside of Suncor's control; the occurrence of unexpected events such as fires, blow-outs, freeze-ups, equipment
failures and other similar events affecting Suncor or other parties whose operations or assets directly or indirectly affect Suncor; failure to realize anticipated synergies or cost-savings; risks
regarding the integration of Suncor and Petro-Canada after the merger; and incorrect assessments of the values of Petro-Canada. The foregoing important factors are
not&nbsp;exhaustive.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Many of these risk factors and other assumptions related to Suncor's forward-looking statements and information are discussed in further detail throughout this Management's
Discussion and Analysis, including under the heading Risk Factors and its 2010 AIF/Form&nbsp;40-F on file with Canadian securities commissions at www.sedar.com and the
United&nbsp;States Securities and Exchange Commission (SEC) at www.sec.gov. Readers are also referred to the risk factors and assumptions described in other documents that Suncor files from time to
time with securities regulatory authorities. Copies of these documents are available without charge from the&nbsp;company.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>046</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=12,SEQ=47,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=252255,FOLIO='46',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fc14301_1_47"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Consolidated Statements of Comprehensive Income<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="341" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="36" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties </FONT><FONT SIZE=1>(note&nbsp;7)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;807</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general </FONT><FONT SIZE=1>(note&nbsp;8)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income) </FONT><FONT SIZE=1>(note&nbsp;9)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;799</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT><FONT SIZE=1>(note&nbsp;13)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 416</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Income (Loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (375</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial gain (loss) on employee retirement benefit plans, net of income taxes of $4 (2010&nbsp;&#150;&nbsp;$29)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Income (Loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (515</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B><BR>
1&nbsp;097</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><BR>
264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings per Common Share</B></FONT><FONT SIZE=2> (dollars) </FONT><FONT SIZE=1>(note&nbsp;10)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Basic</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Diluted</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash dividends</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.10</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>047</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=48,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=133957,FOLIO='47',FILE='DISK127:[11ZBF1.11ZBF14301]FC14301A.;12',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fc14301_1_48"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Balance Sheets<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="261" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>January&nbsp;1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;828</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;948</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 720</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12&nbsp;961</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale </FONT><FONT SIZE=1>(note&nbsp;11)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;055</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;967</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 48&nbsp;632</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49&nbsp;958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51&nbsp;556</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;496</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 273</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets </FONT><FONT SIZE=1>(note&nbsp;12)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;144</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 514</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;775</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;524</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;796</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 984</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;379</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;482</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale </FONT><FONT SIZE=1>(note&nbsp;11)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;414</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;068</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;637</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;679</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;000</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;050</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;532</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;504</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8&nbsp;660</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>048</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=49,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=391712,FOLIO='48',FILE='DISK127:[11ZBF1.11ZBF14301]FC14301B.;11',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fe14301_1_49"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Consolidated Statements of Cash Flows<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt </FONT><FONT SIZE=1>(note&nbsp;9)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of derivative contracts</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 173</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (245</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (42</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Decrease (increase) in non-cash working capital</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 125</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (858</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by operating activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;518</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Investing Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Capital and exploration expenditures</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other investments</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Proceeds from disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;690</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 942</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by (used in) investing activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;093</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (179</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Financing Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net change in short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;232</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net change in long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 146</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issuance of common shares under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 168</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by (used in) financing activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;221</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Increase in Cash and Cash Equivalents</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;390</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 100</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Effect of foreign exchange on cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents at beginning of period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;077</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Cash and Cash Equivalents at End of Period</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Supplementary Cash Flow Information</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest paid</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 101</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes paid</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 308</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 231</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>049</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=50,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=771555,FOLIO='49',FILE='DISK127:[11ZBF1.11ZBF14301]FE14301A.;16',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fe14301_1_50"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Statements of Changes in Shareholders' Equity<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="118" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Share<BR>
Capital</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Contributed<BR>
Surplus</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Foreign<BR>
Currency<BR>
Translation</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Cash Flow<BR>
Hedge</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Retained<BR>
Earnings</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Number of<BR>
Common<BR>
Shares<BR>
(thousands)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At January&nbsp;1, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;053</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 536</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;881</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;559&nbsp;778</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on employee retirement benefit plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total comprehensive income (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 695</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under dividend reinvestment plan</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based payment expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At March&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;076</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 542</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12&nbsp;420</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;561&nbsp;104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;188</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 507</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;565&nbsp;489</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial gain on employee retirement benefit plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total comprehensive income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;097</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 262</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (41</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 221</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;405</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under dividend reinvestment plan</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 99</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based payment expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>At March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 20&nbsp;454</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 509</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 15&nbsp;823</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;572&nbsp;993</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>050</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=51,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=637014,FOLIO='50',FILE='DISK127:[11ZBF1.11ZBF14301]FE14301B.;20',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fk14301_1_51"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </B></FONT><FONT SIZE=2><B> NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 1.&nbsp;REPORTING ENTITY AND DESCRIPTION OF THE BUSINESS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Suncor
Energy&nbsp;Inc. (Suncor or the company) is an integrated energy company headquartered in Canada. Suncor's operations include oil sands development and upgrading, onshore and offshore oil and
gas production, petroleum refining and product marketing primarily under the Petro-Canada brand. The consolidated financial statements of the company comprise the company and its subsidiaries and the
company's interests in associates and jointly controlled entities. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
address of the company's registered office is 150&nbsp;-&nbsp;6th&nbsp;Avenue S.W., Calgary, Alberta, Canada, T2P&nbsp;3E3. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 2.&nbsp;BASIS OF PREPARATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(a)&nbsp;&nbsp;Statement of Compliance  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>These condensed consolidated interim financial statements have been prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically
International Accounting Standard 34 </FONT><FONT SIZE=1><I>Interim Financial Reporting</I></FONT><FONT SIZE=1> within Part&nbsp;1 of the Canadian Institute of Chartered Accountants (CICA) Handbook.
They are condensed as they do not include all of the information required for full annual financial statements, and they should be read in conjunction with the consolidated financial statements of the
company as at and for the year ended December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>These
are the company's first consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS), and IFRS&nbsp;1 </FONT> <FONT SIZE=1><I>First-Time Adoption of International Financial Reporting
Standards</I></FONT><FONT SIZE=1> (IFRS&nbsp;1) has been applied. In previous years, the company prepared
its consolidated financial statements in accordance with Canadian generally accepted accounting principles in effect prior to January&nbsp;1, 2011 (Previous GAAP). Comparative information has been
restated from Previous GAAP to IFRS. The impact of the transition to IFRS on the company's previously reported financial statements is presented in note&nbsp;5. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
policies applied in these condensed interim consolidated financial statements are based on IFRS issued and outstanding as of May&nbsp;2, 2011, the date the Board of Directors approved the
statements. Any subsequent changes to IFRS that are given effect in the company's annual consolidated financial statements for the year ending December&nbsp;31, 2011 could result in restatement of
these interim consolidated financial statements, including the adjustments recognized on transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(b)&nbsp;&nbsp;Basis of Measurement  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The consolidated financial statements are prepared on a historical cost basis except as detailed in the company's accounting policies disclosed in note&nbsp;3. The accounting
policies described in note&nbsp;3 have been applied consistently to all periods presented in these financial statements except for the opening IFRS consolidated balance sheet, which has utilized
certain exemptions available under IFRS&nbsp;1. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(c)&nbsp;&nbsp;Functional Currency  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>These consolidated financial statements are presented in Canadian dollars (Cdn$), which is the company's functional currency. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(d)&nbsp;&nbsp;Use of Estimates and Judgment  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The timely preparation of financial statements requires that management make estimates and assumptions and use judgment regarding assets, liabilities, revenues and expenses.
Such estimates primarily relate to unsettled transactions and events as at the date of the financial statements. Accordingly, actual results may differ from estimated amounts as future confirming
events occur. Significant estimates and judgment used in the preparation of the financial statements are described in note&nbsp;4. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>051</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=52,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=397184,FOLIO='51',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_52"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 3.&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(a)&nbsp;&nbsp;Principles of Consolidation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company consolidates its interest in entities in which it controls. Control comprises the power to govern an entity's financial and operating policies so as to obtain
benefits from its activities. Suncor recognizes its share of assets, liabilities, income and expenses, on a line-by-line basis, of its jointly controlled entities and jointly
controlled assets. Investments in entities over which the company has significant influence are accounted for using the equity method. All intercompany balances and transactions have been eliminated. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(b)&nbsp;&nbsp;Foreign Currency Translation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Functional currencies of the company's individual entities represent the currency of the primary economic environment in which the entity operates. Transactions in foreign
currencies are translated to the appropriate functional currency at foreign exchange rates that approximate those on the date of transaction. Monetary assets and liabilities denominated in foreign
currencies are translated to the appropriate functional currency at foreign exchange rates at the balance sheet date. Foreign exchange differences arising on translation are recognized in earnings.
Non-monetary assets that are measured in a foreign currency at historical cost are translated using the exchange rate at the date of the transaction. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>In
preparing the company's consolidated financial statements, the financial statements of each entity are translated into Canadian dollars. The assets and liabilities of foreign operations are
translated into Canadian dollars at exchange rates at the balance sheet date. Revenues and expenses of foreign operations are translated into Canadian dollars using foreign exchange rates that
approximate those on the date of the underlying transaction. Foreign exchange differences are recognized in other comprehensive income. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>If
an entity disposes of its entire interest in a foreign operation, or loses control, joint control, or significant influence over a foreign operation, the accumulated foreign currency translation
gains or losses related to the foreign operation are recognized in net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(c)&nbsp;&nbsp;Revenues  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Revenue from the sale of crude oil, natural gas, natural gas liquids, purchased products and refined petroleum products is recorded when title passes to the customer and
collection is reasonably assured. Revenue from properties in which the company has an interest with other producers is recognized on the basis of the company's net working interest. Crude oil and
natural gas sold below or above the company's working interest share of production results in production underlifts or overlifts. Underlifts are recorded as a receivable at market value with a
corresponding increase to revenues while overlifts are recorded as a payable at market value with a corresponding decrease to revenues. Revenue from oil and natural gas production is recorded net of
royalty obligations. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>International
operations conducted pursuant to exploration and production sharing agreements (EPSAs) are reflected in the consolidated financial statements based on the company's working interest.
Under the EPSAs, the company and other non-governmental partners, if any, pay all exploration costs and a pro-rata share of costs to develop and operate the concessions. Each
EPSA establishes specific terms for the company to recover these costs (Cost Recovery Oil) and to share in the production profits (Profit Oil). Cost Recovery Oil is determined in accordance with a
formula that is generally limited to a specified percentage of production during each fiscal year. Profit Oil is that portion of production remaining after deducting Cost Recovery Oil and is shared
between the joint venture partners and the respective government. Cost Recovery Oil, Profit Oil and amounts in respect of all income taxes payable by the company under the laws of the respective
country are reported as sales revenue. All other government stakes, other than income taxes, are considered to be royalty interests. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Physical
and financial contracts entered into for trading purposes are considered to be derivative financial instruments, and any changes in fair value are recorded on a net basis in Energy Supply and
Trading Activity Income. Settlement of physical purchase </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>052</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=53,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=820307,FOLIO='52',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_53"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>and
sales contracts entered into for the company's own usage are recorded on a gross basis in Energy Supply and Trading Activity Income and Energy Supply and Trading Activity Expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(d)&nbsp;&nbsp;Cash and Cash Equivalents  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Cash and cash equivalents consist primarily of cash in banks, term deposits, certificates of deposit and all other highly liquid investments with a maturity of three months or
less at the time of&nbsp;purchase. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(e)&nbsp;&nbsp;Inventories  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Inventories of crude oil and refined products, other than inventories held for trading purposes, are valued at the lower of cost, using the first-in,
first-out method, and net realizable value. Costs include direct and indirect expenditures incurred in bringing an item or product to its existing condition and location. Materials and
supplies are valued at the lower of average cost and net realizable value. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Inventories
held for trading purposes in the company's energy supply and trading operations are carried at fair value less costs to sell, and any changes in fair value are recognized within Energy
Supply and Trading Activity Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(f)&nbsp;&nbsp;Exploration and Evaluation Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The costs to acquire non-producing oil and gas properties or licenses to explore, exploratory well expenditures and the costs to evaluate the commercial potential of
underlying resources, including related borrowing costs, are initially capitalized as Exploration and Evaluation assets. Certain exploration costs, including geological, geophysical, seismic, and
sampling on oil sands properties, are charged to Exploration expense as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Exploration
and evaluation assets are subject to technical, commercial and management review to confirm the continued intent to develop and extract the underlying resources. If an area or exploration
well is no longer considered commercially viable, the related capitalized costs are charged to net earnings. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>When
management determines with reasonable certainty that an exploration and evaluation asset will be developed, as evidenced by the classification of proved or probable reserves and the appropriate
internal and external approvals, the asset is transferred to Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(g)&nbsp;&nbsp;Property, Plant and Equipment  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Property, plant and equipment are recorded at cost. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
costs to acquire developed or producing oil and gas properties and to develop oil and gas properties, including completing geological and geophysical surveys and drilling development wells, and
the costs to construct and install dedicated infrastructure, such as wellhead equipment and supporting assets, mine development, offshore platforms and subsea structures, are capitalized as oil and
gas properties within Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
costs to construct, install and commission, or acquire, oil and gas production equipment, including oil sands upgraders, extraction plants, mine equipment, in situ processing facilities, power
generation, utility plants, and natural gas processing plants, and all renewable energy, refining, distribution, marketing assets and related decommissioning and restoration obligations, are
capitalized as Property, Plant and Equipment. Where an asset or part of an asset that was separately depreciated is replaced and it is probable that future economic benefits associated with the item
will flow to the company, the expenditure is capitalized and the carrying amount of the replaced asset is derecognized. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Stripping
activity required to access oil sands mining resources incurred in the initial development phase are capitalized as part of the investment in the construction cost of the mine. Stripping
costs incurred in the production phase are charged to expense as they relate to production for the&nbsp;period. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>053</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=54,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=714201,FOLIO='53',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_54"> </A>

<P style="font-family:;"><FONT SIZE=1>The
costs of major inspection, overhaul and turnaround activities that maintain property, plant and equipment and benefit future years of operations are capitalized. Similar recurring planned
maintenance managed on shorter intervals are expensed as operating costs. Replacements outside of a major inspection, overhaul or turnaround are capitalized when it is probable that future economic
benefits will flow to the company and the associated carrying amount of the replaced asset is derecognized. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Leases
that transfer substantially all the benefits and risks of ownership to the company are recorded as finance lease assets within Property, Plant and Equipment. Costs for all other leases are
recorded as operating expense as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Borrowing
costs relating to qualifying assets are capitalized as part of Property, Plant and Equipment. Capitalization of borrowing costs ceases when the asset is in the location and condition
necessary for it to be capable of operating as intended. Capitalization of borrowing costs is suspended when construction of an asset is ceased for extended periods. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(h)&nbsp;&nbsp;Depreciation, Depletion and Amortization  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Exploration and evaluation assets are not subject to depreciation, depletion and amortization, with the exception of leases acquired for conventional oil and gas operations.
Once transferred to Property, Plant and Equipment, these costs are depleted on a unit-of-production basis. Property acquisition costs are depleted over proved reserves, while
all other exploration and evaluation costs are depleted over proved developed reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Capital
expenditures associated with significant development projects are not depleted until assets are substantially complete and ready for their intended&nbsp;use. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Costs
to develop oil and gas properties, and costs of dedicated infrastructure, such as wellhead equipment, offshore platforms and subsea structures, are depleted on a
unit-of-production basis over proved developed reserves. A portion of these costs may not be depleted if they relate to undeveloped reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Major
components of Property, Plant and Equipment are depreciated on a straight-line basis over their expected useful&nbsp;lives. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="197" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="52" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="123" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas processing plants and transportation assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> 15 to 25&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands upgraders, extraction plants and mine facilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands mine equipment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 5 to 15&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands in situ processing facilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 30&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Power generation and utility plants</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Refineries, ethanol and lubricants plants</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Marketing and other distribution assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>The costs of major inspection, overhaul and turnaround activities that are capitalized are depreciated on a straight-line basis over the period to
the next recurrence of that set of activities, which varies from two to five&nbsp;years. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Depreciation,
depletion and amortization rates are reviewed, at least annually, or when events or conditions occur that impact capitalized costs, reserves or estimated service&nbsp;lives. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(i)&nbsp;&nbsp;Goodwill and Intangible Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Intangible assets, other than goodwill, include acquired customer lists and brand value. Brand value and goodwill have indefinite useful lives and are not subject to
amortization, while customer lists are amortized over their expected useful lives, which range from five to 10&nbsp;years. Expected useful lives of intangible assets are reviewed on an
annual&nbsp;basis. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Acquisitions
are accounted for using the purchase method, whereby the purchase consideration of the business combination is allocated to the identifiable assets, liabilities and contingent liabilities
on the basis of fair value as of the date of acquisition. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>054</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=55,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=229506,FOLIO='54',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_55"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>Goodwill
is calculated as the excess of the purchase price over the fair value and is allocated to the group of cash-generating units (CGU) that is expected to benefit from the synergies
of the combination. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(j)&nbsp;&nbsp;Impairment of Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Non-Financial Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Goodwill and intangible assets that have an indefinite useful life are tested annually for impairment. Indefinite and definite lived
assets are tested for impairment whenever events or changes in circumstance indicate that the carrying amount may not be recoverable. Exploration and evaluation assets are tested for impairment
immediately prior to costs being transferred to Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>For
the purposes of assessing impairment, assets are grouped into CGU's, defined as the lowest levels for which there are separately identifiable cash inflows. An impairment loss is recognized in
Depreciation, Depletion, Amortization and Impairment for the amount by which the carrying amount of the individual asset or CGU exceeds its recoverable amount. The recoverable amount is the higher of
the fair value less costs to sell and value-in-use. In determining fair value less costs to sell, recent market transactions are taken into account, if available. In the
absence of such transactions, an appropriate valuation model is used. Value-in-use is assessed using the present value of the expected future cash flows of the relevant asset
or CGU. Exploration and evaluation assets are tested with the producing CGU for which the activity can be attributed or separately where a producing CGU does not exist for the exploration and
evaluation activity. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Impairments
are reversed for all CGUs and individual assets, other than goodwill, to the extent that events or circumstances give rise to changes in the estimate of recoverable amount since the period
the impairment was recorded. Impairment reversals are recognized within Depreciation, Depletion, Amortization and Impairment. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B><I> Financial Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>At each reporting date, the company assesses whether there is objective evidence that a financial asset is impaired. If a financial
asset carried at amortized cost is impaired, the amount of the loss is measured as the difference between the amortized cost of the loan or receivable and the present value of the estimated future
cash flows, discounted using the instrument's original effective interest rate. The loss is recognized in Depreciation, Depletion, Amortization and Impairment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(k)&nbsp;&nbsp;Assets Held For Sale  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Assets and liabilities are classified as held for sale if their carrying amounts are expected to be recovered through a disposition rather than through continuing use. The
assets or disposal groups are measured at the lower of their carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale and subsequent gains or
losses on remeasurement are recognized in Loss (Gain) on Disposal of Assets. Assets classified as held for sale are not depreciated, depleted or&nbsp;amortized. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(l)&nbsp;&nbsp;Provisions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Provisions are recognized by the company when it has a legal or constructive obligation as a result of past events, it is probable that an outflow of economic resources will be
required to settle the obligation and a reliable estimate can be made of the amount of the&nbsp;obligation. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Provisions
are recognized for decommissioning and restoration obligations associated with the company's exploration and evaluation assets and property, plant and equipment. The best estimate of the
decommissioning and restoration provision is recorded on a discounted basis using the credit-adjusted risk-free interest rate. The value of the obligation is added to the carrying amount
of the associated property, plant and equipment asset and amortized over the useful life of the asset. The provision is accreted over time through charges to Financing Expenses with actual
expenditures charged against the accumulated obligation. Changes in the future cash flow estimates resulting from revisions to the estimated timing or amount of undiscounted cash flows are recognized
as a change in the decommissioning and restoration provision and related&nbsp;asset. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>055</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=56,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=386665,FOLIO='55',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_56"> </A>

<P style="font-family:;"><FONT SIZE=1><B>(m)&nbsp;&nbsp;Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company follows the liability method of accounting for income taxes whereby deferred income taxes are recorded for the effect of differences between the accounting and
income tax basis of an asset or liability. Deferred income tax assets and liabilities are measured using enacted or substantively enacted income tax rates at the balance sheet date that are
anticipated to apply to taxable income in the years in which temporary differences are anticipated to be recovered or settled. Changes to these balances are recognized in income in the period during
which they occur. Investment tax credits are recorded as an offset to the related expenditures. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(n)&nbsp;&nbsp;Pensions and Other Post-Retirement Benefits  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company sponsors defined benefit pension plans (DB&nbsp;Plans), defined contribution pension plans (DC&nbsp;Plans) and other post-retirement benefits.
Company contributions to the DC Plans are expensed as incurred. The cost of the DB Plans and other post-retirement benefits received by employees is actuarially determined separately for
each plan using the projected unit credit method based on present pay levels and management's best estimates of demographic and financial assumptions, and such cost is pro-rated based on
service. Actuarial gains and losses are recognized in Other Comprehensive Income and transferred directly to Retained Earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
defined benefit pension plan surplus or deficit in the balance sheet comprises the total for each plan of the present value of the defined benefit obligation, less the fair value of plan assets
out of which the obligations are to be settled directly. When the calculation results in a benefit to the company, the recognized asset is limited to the total of unrecognized past service costs and
the present value of refunds from, and reductions, in future contributions to the plan. The fair value of plan assets is determined using market&nbsp;values. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Past
service costs are recognized on a straight-line basis over the post-retirement benefits vesting&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(o)&nbsp;&nbsp;Share-Based Compensation Plans  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Under the company's share-based compensation plans, share-based awards are granted to executives, employees and non-employee directors. Compensation expense is
recorded to Operating, Selling and General expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>For
common share options, the expense is based on the fair value of the options at the time of grant and is recognized as an expense over the vesting periods of the respective options. A corresponding
increase is recorded to Contributed Surplus in Shareholders' Equity. Consideration paid to the company on exercise of options is credited to Share Capital in Shareholders' Equity. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Share-based
compensation awards that settle in cash or have the option to settle in cash or shares are measured at fair value each reporting period and recognized as an expense over the vesting
period, with a corresponding adjustment to liabilities. When awards are surrendered for cash, the cash settlement paid reduces the outstanding liability. When awards are exercised for common shares,
consideration paid by the holder and the previously recognized liability associated with the options are recorded to Share Capital in Shareholders' Equity. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(p)&nbsp;&nbsp;Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>All financial instruments are initially recognized at fair value on the balance sheet. Subsequent measurement of financial instruments is based on their classification.
Financial assets are classified as either fair value through profit and loss, loans and receivables, held-to-maturity and available for sale. Financial liabilities are
classified as either fair value
through profit and loss or other financial liabilities. Transaction costs are included in the initial carrying amount of financial instruments except for fair value through profit and loss items, in
which case they are expensed as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Financial
assets and liabilities are classified as fair value through profit and loss if they are held for trading or are designated as such upon initial recognition. This category of financial
instruments includes derivative financial assets and liabilities other than those designated as effective hedging instruments. Derivative financial instruments are used by the company to manage
certain </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>056</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=57,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=283514,FOLIO='56',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_57"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>exposures
to fluctuations in interest rates, commodity prices and foreign exchange rates, and for trading purposes. Changes in fair value of these financial instruments are recognized in Interest and
Other Income and Energy Supply and Trading Activity Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Financial
assets classified as loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. The
held-to-maturity classification consists of non-derivative financial assets that the company has the intent and ability to hold until maturity. Financial
liabilities classified as other financial liabilities consist of liabilities not classified as fair value through profit and loss. Financial instruments classified as
held-to-maturity, loans and receivables and other financial liabilities are measured at amortized cost using the effective interest rate&nbsp;method. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Derivatives
embedded in other financial instruments or other host contracts are recorded as separate derivatives when their risks and characteristics are not closely related to those of the host
contract. Embedded derivatives are measured at fair value at each balance sheet date and changes in the fair value are recognized in&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Physical
commodity contracts considered to be derivative financial instruments are classified as fair value through profit and loss financial instruments and recognized on a net basis in Energy Supply
and Trading Activity Income. Physical commodity contracts entered into for the purpose of receipt or delivery in accordance with the company's expected purchase, sale or usage requirements are not
considered to be derivative financial instruments. Such contracts are recognized on a gross basis when the associated volumes are delivered in Energy Supply and Trading Activity Income and Energy
Supply and Trading Activity Expenses. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(q)&nbsp;&nbsp;Hedging Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company may apply hedge accounting to arrangements that qualify for hedge accounting treatment, which include fair value and cash flow hedges. Documentation is prepared at
the inception of a hedge relationship in order to qualify for hedge accounting. Designated hedges are assessed at each reporting date to determine if the relationship between the derivative and the
underlying hedged exposure is still effective and to quantify any ineffectiveness in the relationship. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>If
the derivative is designated as a fair value hedge, changes in the fair value of the derivative and changes in the fair value of the hedged item attributable to the hedged risk are recognized in
earnings. If the derivative is designated as a cash flow hedge, the effective portions of the changes in fair value of the derivative are initially recorded in Other Comprehensive Income and are
recognized in earnings when the hedged item is realized. Ineffective portions of changes in the fair value of cash flow hedges are recognized in earnings immediately. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(r)&nbsp;&nbsp;Share Capital  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Common shares are classified as equity. Incremental costs directly attributable to the issue of common shares and share options are recognized as a deduction from equity, net of
any tax&nbsp;effects. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(s)&nbsp;&nbsp;Dividend Distributions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Dividends on common shares are recognized in the period in which the dividends are approved by the company's Board of&nbsp;Directors. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(t)&nbsp;&nbsp;Earnings per Share  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Basic earnings per share is calculated by dividing the Net Earnings (Loss) for the period by the weighted-average number of common shares outstanding during the&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Diluted
earnings per share is calculated by adjusting the weighted-average number of common shares outstanding for dilutive common shares related to the company's share-based compensation plans. The
number of shares included is computed using the treasury stock method. For share-based compensation plans that may be settled in ordinary shares or cash at the holder's option, the more dilutive of
cash settlement and share settlement is used in calculating diluted earnings per&nbsp;share. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>057</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=58,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=891134,FOLIO='57',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_58"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 4.&nbsp;SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Oil and Gas Reserves and Resources  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Certain depletion, depreciation, impairment and decommissioning and restoration charges are measured based on the company's estimate
of oil and gas reserves and resources. The estimation of reserves and resources is an inherently complex process and involves the exercise of professional judgment. Reserves and resources have been
evaluated at December&nbsp;31, 2010 by independent petroleum consultants in accordance with National Instrument&nbsp;51-101 </FONT><FONT SIZE=1><I>Standards of Disclosure for Oil and
Gas Activities</I></FONT><FONT SIZE=1>. The reserves and resources estimates are based on the definitions and guidelines contained in the Canadian Oil and Gas Evaluation Handbook. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Oil
and gas reserves and resources estimates are based on a range of geological, technical and economic factors, including projected future rates of production, estimated commodity prices, engineering
data, and the timing and amount of future expenditures, all of which are subject to uncertainty. Assumptions reflect market and regulatory conditions existing at December&nbsp;31, 2010, which could
differ significantly from other points in time throughout the year, or future periods. Changes in market and regulatory conditions and assumptions can materially impact the estimation of
net&nbsp;reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Exploration and Evaluation Costs  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Certain exploration and evaluation costs are initially capitalized with the intent to establish commercially viable reserves. The
company is required to make estimates and judgment about future events and circumstances regarding the economic viability of extracting the underlying resources. The costs are subject to technical,
commercial and management review to confirm the continued intent to develop and extract the underlying resources. Unsuccessful drilling, or changes to project economics, resource quantities, expected
production techniques, production costs and required capital expenditures, are important factors when making this determination. If a judgment is made that the extraction of resources is not viable,
the associated exploration and evaluation costs are impaired and charged to net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Decommissioning and Restoration Costs  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company recognizes liabilities for the future decommissioning and restoration of property, plant and equipment. These provisions
are based on estimated costs, which take into account the anticipated method and extent of restoration, technological advances and the possible future use of the site. Actual costs are uncertain and
estimates can vary as a result of changes to relevant laws and regulations, the emergence of new technology, operating experience and prices. The
expected timing of future decommissioning and restoration may change due to certain factors, including reserve life. Changes to assumptions related to future expected costs, discount rates and timing
may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Deferred Income Taxes  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Deferred tax assets are recognized when it is considered probable that deductible temporary differences will be recovered in the
foreseeable future. To the extent that future taxable income and the application of existing tax laws in each jurisdiction differ significantly from the company's estimate, the ability of the company
to realize the deferred tax assets could be&nbsp;impacted. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Deferred
tax liabilities are recognized when there are taxable temporary differences that will reverse and result in a future outflow of funds to a taxation authority. The company records a provision
for the amount that is expected to be settled, which requires the application of judgment as to the ultimate outcome. Deferred tax liabilities could be impacted by changes in the company's estimate of
the likelihood of a future outflow, the expected settlement amount, and the tax laws in the jurisdictions in which the company operates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Pensions and Other Post-Retirement Benefits  </I></B></FONT></P>


<P style="font-family:;"><FONT SIZE=1>The company provides benefits to employees, including pensions and other post-retirement benefits. The cost of defined
benefit pension plans and other post-retirement benefits received by employees is determined based on actuarial valuation methods and assumptions. Changes to assumptions related to
discount rates, expected return on plan assets and annual rates of compensation increases may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>058</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=59,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=994680,FOLIO='58',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_59"> </A>

<P style="font-family:;"><FONT SIZE=2><B><I> Impairment of Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>A cash generating unit (CGU) is defined as the lowest grouping of integrated assets that generate identifiable cash inflows that are
largely independent of the cash inflows of other assets or groups of assets. The allocation of assets into CGUs requires significant judgment and interpretations with respect to the integration
between assets, the existence of active markets, similar exposure to market risks, shared infrastructures, and the way in which management monitors the&nbsp;operations. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>The
recoverable amounts of CGUs and individual assets have been determined based on the higher of fair value less costs to sell or value-in-use calculations. The key
assumptions the company uses in estimating future cash flows for recoverable amounts are anticipated future commodity prices, expected production volumes, future operating and development costs, and
refining margins. Changes to these assumptions will affect the recoverable amounts of CGUs and individual assets and may then require a material adjustment to their related carrying&nbsp;value. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Derivative Financial Instruments  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>When not directly observable in active markets, the company uses third-party models and valuation methodologies that utilize
observable market data to estimate the fair value of derivative financial instruments. In addition to market information, the company incorporates transaction specific details that market participants
would utilize in a fair value measurement, including the impact of non-performance risk. However, these fair value estimates may not necessarily be indicative of the amounts that could be
realized or settled in a current market transaction. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 5.&nbsp;FIRST-TIME ADOPTION OF IFRS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Effective
January&nbsp;1, 2011, the company began reporting under IFRS, and the accounting policies disclosed in note&nbsp;3 to&nbsp;these consolidated financial statements have been applied in
preparing the financial statements for the three month periods ended March&nbsp;31, 2011 and 2010, for the year ended December&nbsp;31, 2010, and in the preparation of the company's opening
balance sheet at January&nbsp;1, 2010 (Transition Date). </FONT></P>

<P style="font-family:;"><FONT SIZE=1>In
previous years, the company prepared its consolidated financial statements in accordance with Previous GAAP. Reconciliations from Previous GAAP to IFRS for comparative periods are provided on the
following pages. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>059</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=60,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=97543,FOLIO='59',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fm14301_1_60"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Reconciliation of Equity at December&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="138" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;513</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;967</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 55&nbsp;290</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;371</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49&nbsp;958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (221</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70&nbsp;169</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;365</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;982</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;942</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 105</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;524</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;526</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;068</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;669</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;982</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;154</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;154</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;861</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 242</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;293</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 211</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;504</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;615</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (160</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (544</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)
</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 36&nbsp;721</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;529</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70&nbsp;169</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;365</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>060</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=61,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=231700,FOLIO='60',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_61"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Equity at March&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="138" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;263</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;263</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 525</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 525</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 289</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;028</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;060</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;437</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54&nbsp;473</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48&nbsp;973</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (229</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;430</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;430</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;320</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;322</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;040</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 125</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;545</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;151</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;151</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;058</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;459</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;294</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 134</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;735</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;730</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;320</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;552</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;480</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;480</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;076</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 132</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;208</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;404</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;670</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;155</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (319</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (589</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)</SUP><SUP>(14)
</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;273</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;651</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>061</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=62,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=144649,FOLIO='61',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_62"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Equity at January&nbsp;1, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="192" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;331</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 57&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51&nbsp;556</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 536</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (277</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 193</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69&nbsp;746</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;529</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;796</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;855</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 139</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;679</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;062</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5&nbsp;062</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;030</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;050</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;032</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 296</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;626</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69&nbsp;746</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>062</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=63,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=692187,FOLIO='62',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_63"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Comprehensive Income for the Year Ended December&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="146" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 33&nbsp;278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;186</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;003</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;017</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;058</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 31&nbsp;261</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (128</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;003</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;700</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;700</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 389</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 110</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 499</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;350</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;202</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;831</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general&nbsp;<SUP>(7)</SUP><SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;810</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 185</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;598</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;598</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 656</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 703</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;813</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;803</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of asset retirement obligations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 178</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (107</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (814</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (975</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 77</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 77</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 187</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 30&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (314</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29&nbsp;426</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;776</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;004</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;196</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 555</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 751</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;559</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 301</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;947</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Continuing Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;688</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Discontinued Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;571</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment&nbsp;<SUP>(5)</SUP><SUP>(11)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (503</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (437</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on cash flow hedges reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans&nbsp;<SUP>(11)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (152</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (152</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (604</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;120</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 105</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>063</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=64,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=700638,FOLIO='63',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_64"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Comprehensive Income for the Three Months Ended March&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="146" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;327</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 282</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (479</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (459</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 472</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;868</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 269</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;136</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 272</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;428</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general&nbsp;<SUP>(7)</SUP><SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;801</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 148</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 850</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (64</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of asset retirement obligations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (24</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (231</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (190</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;395</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 741</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 358</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 168</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 79</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 117</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Continuing Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 475</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Discontinued Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment&nbsp;<SUP>(5)</SUP><SUP>(11)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (435</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (375</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on employee retirement benefit plans&nbsp;<SUP>(10)(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (515</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 287</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>064</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=65,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=406802,FOLIO='64',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fo14301_1_65"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Explanation of Significant Adjustments  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
amounts reported under Previous GAAP. Previous GAAP balances as at January&nbsp;1, 2010 agree to December&nbsp;31, 2009 balances reported in
the company's 2009 Annual Report. Previous GAAP balances as at and for the three months ended March&nbsp;31, 2010 have been reclassified to conform to the presentation at
December&nbsp;31,&nbsp;2010.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Certain
assets held for sale reported as discontinued operations under Previous GAAP are not classified as such under IFRS.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
other presentation changes to comply with IFRS. A description of significant reclassifications are as&nbsp;follows: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Exploration and Evaluation assets reported within Property, Plant and Equipment under Previous GAAP are reflected as a
separate line under&nbsp;IFRS.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Short-term debt instruments supported by a revolving credit facility with a separate lender are classified as
Short-Term Debt under IFRS. These short-term debt instruments were classified as Long-Term Debt under Previous&nbsp;GAAP.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Liabilities encompassing significant uncertainty in timing or amount are reported as Provisions under IFRS. Under Previous
GAAP, these liabilities were classified within Accounts Payable and Accrued Liabilities, and Accrued Liabilities and&nbsp;Other. </FONT></DD></DL>
</DD></DL>

<P style="font-family:;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
were no presentation changes made to the Consolidated Statements of Cash&nbsp;Flows.  </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
the impact on financial statements of transition to IFRS from Previous GAAP, except for presentation changes. The significant adjustments are
described below, with the resulting impacts on income taxes described in paragraph&nbsp;(14).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Decommissioning and Restoration</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under
Previous GAAP, increases in the estimated cash flows were discounted using the current credit-adjusted risk-free rate, while downward revisions in the estimated cash flows were
discounted using the credit-adjusted risk-free rate that existed when the original liability was recognized. Under IFRS, estimated cash flows are discounted using the credit-adjusted
risk-free rate that exists at the balance sheet&nbsp;date. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
accordance with IFRS&nbsp;1, the company elected to remeasure its decommissioning and restoration costs at the Transition Date and has estimated the related asset by discounting the liability to
the date in which the liability arose and recalculated the accumulated depreciation, depletion and amortization under IFRS. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (688</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (681</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (690</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 217</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 275</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 296</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (927</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>065</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=66,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=168213,FOLIO='65',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_66"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(6)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Dispositions</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The net carrying values of disposed properties have been adjusted to reflect their respective IFRS adjustments, resulting in revised gains or losses upon disposal of the assets. The
impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(7)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Leases</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>In accordance with IFRS&nbsp;1, the company elected to evaluate whether certain arrangements contain a lease based on the facts and circumstances existing at Transition Date.
Pursuant to such evaluation, the company has accounted for certain arrangements as finance leases under IFRS. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Plant, property and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 101</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 139</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(8)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Derecognition of Assets</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, carrying amounts of property, plant and equipment assets were derecognized when no future economic benefits were expected from their use. Under IFRS, this
derecognition of assets occurs at the component level. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>066</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=67,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=121762,FOLIO='66',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_67"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(9)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Fair Value as Deemed Cost</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The company has applied the IFRS&nbsp;1 election to record certain assets of property, plant and equipment at fair value on the Transition Date. The exemption has been applied to
refinery assets located in Eastern Canada and certain natural gas assets in Western Canada. When estimating fair value, market information for similar assets was used, and where market
information was not available, management relied on internally generated cash flow models using discount rates specific to the asset and long-term forecasts of commodity prices and refining margins.
The aggregate of these fair values was $1.370&nbsp;billion, resulting in a reduction of the carrying amount of property, plant and equipment as at January&nbsp;1, 2010. Under Previous GAAP,
impairment losses were recorded in the third quarter of 2010 for certain of these natural gas properties. There were no impairment losses recognized during 2010 under IFRS, as these properties were
adjusted to fair value at the Transition&nbsp;Date. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (906</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (906</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (379</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(10)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Impairment of Assets</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, an item of property, plant and equipment is deemed recoverable if the undiscounted future cash flows exceed the net carrying amount of the asset group. Under IFRS,
recoverability of property, plant and equipment is based on the higher of fair value less costs to sell and value in use of the CGU. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Under
IFRS, the company recognized impairment losses for certain CGUs within the Exploration and Production operating segment during 2010. The impaired natural gas assets are located within the
Western Canadian Sedimentary Basin and
were grouped into CGUs based on similar geological structure, shared infrastructure and similar exposure to market risks. Declining long-term natural gas prices have resulted in the
carrying amounts for these CGUs exceeding their recoverable amounts. Recoverable amounts have been determined using the fair value less costs to sell method and based on internally generated cash flow
projections. In determining fair value less costs to sell, the company considered recent transactions within the industry, long-term views of natural gas prices, externally evaluated
reserve volumes, and discount rates specific to the asset. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(11)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Employee Benefits</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, unamortized actuarial gains and losses in respect of the company's defined benefit pension plans were recognized into earnings over the expected average remaining
service life of employees. In accordance with IFRS&nbsp;1, the company has elected to recognize all cumulative actuarial gains and losses directly in Retained Earnings at the Transition Date. Under
IFRS, actuarial gains and losses incurred in the period are recorded in Other Comprehensive Income and then transferred directly to Retained Earnings. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>067</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=68,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=255568,FOLIO='67',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_68"> </A>

<P style="font-family:;"><FONT SIZE=2>Under
Previous GAAP, benefits are attributed to individual accounting periods for other post-retirement benefit plans commencing on the date of hire and ending when further service by the
employee will lead to no benefits under the plan. Under IFRS, the company will attribute benefits on a straight-line basis from the date when service by the employee first leads to
benefits under the plan and end at the same date as under Previous GAAP. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 215</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 122</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (227</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (138</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(12)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Share-Based Compensation</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, the company recorded obligations for cash-settled share-based compensation plans using the intrinsic value method. Under IFRS, obligations for these
same plans are recorded as a liability using the fair value method. For equity-settled share-based compensations plans, the company accrues the cost of employee stock options over the vesting period
using the graded method of amortization rather than the straight-line method, which the company used under Previous GAAP. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 110</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Contributed surplus</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (128</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(13)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Foreign Exchange</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>In accordance with IFRS&nbsp;1, the company elected at the Transition Date to transfer all foreign currency translation differences in respect of foreign operations that arose prior
to the Transition Date to Retained Earnings. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>068</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=69,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=1004399,FOLIO='68',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_69"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(14)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Income Taxes</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The company recognized deferred income taxes primarily in respect of the above changes. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes (liability)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (544</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (589</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 568</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 561</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes (expense)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(15)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>In
addition to the IFRS&nbsp;1 elections described above, the company has applied the following elections: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Business combinations and acquisitions of interests in associates and joint ventures that occurred prior to the Transition
Date were not restated in accordance with IFRS. An impairment test of associated goodwill was performed as at the Transition Date and no impairment losses were identified.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Borrowing costs incurred prior to the Transition Date were not restated in accordance with&nbsp;IFRS. </FONT></DD></DL>
</DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> 6.&nbsp;RECENTLY ANNOUNCED ACCOUNTING PRONOUNCEMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In November 2009, as part of the International Accounting Standards Board's (IASB) project to replace International Accounting
Standard (IAS)&nbsp;39 </FONT><FONT SIZE=2><I>Financial Instruments: Recognition and Measurement</I></FONT><FONT SIZE=2>, the IASB issued the first phase of IFRS&nbsp;9 </FONT> <FONT SIZE=2><I>Financial Instruments</I></FONT><FONT SIZE=2>, that
introduces new requirements for the classification and measurement of financial assets. The standard was revised in
October&nbsp;2010 to include requirements regarding classification and measurement of financial liabilities and is applicable for annual periods starting on or after January&nbsp;1, 2013. The full
impact of the changes in accounting for financial instruments will not be known until the IASB's project has been&nbsp;completed. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 7.&nbsp;SEGMENTED INFORMATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company's operating segments are determined based on differences in the nature of their operations, products and services. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company combined its International and Offshore and Natural Gas segments into one new segment, Exploration and Production. All prior periods have been reclassified to
conform to these segment definitions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Intersegment
sales of crude oil and natural gas are accounted for at market values and included, for segmented reporting, in revenues of the segment making the transfer and expenses of the segment
receiving the transfer. Intersegment amounts are eliminated on consolidation. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>069</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=70,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=498060,FOLIO='69',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_70"> </A>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="121" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="20" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="13" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD COLSPAN=31 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;159</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;168</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;606</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;618</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;037</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;811</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Intersegment revenue</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;040</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 627</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 209</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 213</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 42</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (926</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (123</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (432</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (402</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (555</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (472</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;076</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;725</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;079</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;818</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;282</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (842</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 175</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 27</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (150</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 68</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;077</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;900</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;386</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;116</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;810</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (734</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 364</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 245</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 120</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4&nbsp;535</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;212</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (806</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;807</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;320</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;162</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 236</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 191</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 575</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 160</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 80</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 32</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 102</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 112</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 146</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (280</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 25</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (98</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (185</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;282</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 931</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 559</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 5&nbsp;271</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;603</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (685</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 7&nbsp;799</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Earnings (Loss) Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 795</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 455</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 872</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 207</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 190</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 641</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 344</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 218</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (31</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;<BR></FONT></P>


<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="312" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total Assets<BR> </B></FONT><FONT SIZE=1>($ millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Jan 1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 38&nbsp;723</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 39&nbsp;382</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36&nbsp;657</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 14&nbsp;495</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15&nbsp;899</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19&nbsp;218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 12&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11&nbsp;292</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;748</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4&nbsp;025</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;176</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>070</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=71,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=194773,FOLIO='70',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fq14301_1_71"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> 8.&nbsp;SHARE-BASED COMPENSATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The following table summarizes the share-based compensation expense (recovery) recorded for all plans within Operating, Selling and
General expense in the Consolidated Statements of Comprehensive Income. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="319" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation expense for equity-settled plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 42</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation expense (recovery) for cash-settled plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 228</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total share-based compensation expense (recovery)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 270</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> 9.&nbsp;FINANCING EXPENSES (INCOME)  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest on debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 161</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 187</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Capitalized interest</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (100</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (76</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 61</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other foreign exchange loss (gain)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> 10.&nbsp;EARNINGS PER COMMON SHARE  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(millions of common shares)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Weighted-average number of common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;570</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;561</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dilutive securities:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Effect of share options</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 11</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Weighted-average number of diluted common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;581</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;576</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(dollars per common share)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Basic earnings per share</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Diluted earnings per share</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Options with tandem stock appreciation rights or cash payment alternatives are accounted for as cash-settled plans. As these awards can be exchanged
for common shares of the company, they are considered potentially dilutive and are included in the calculation of the company's diluted net earnings per share calculation if they have a dilutive
impact in the&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Accounting
for these awards as cash-settled was determined to have the most dilutive impact for the three months ended March&nbsp;31, 2011, and thus no adjustment to net earnings was
required. For the three months ended March&nbsp;31, 2010, accounting for these awards as equity-settled was more dilutive. As a result, a $47&nbsp;million reduction to net earnings was made in the
diluted earnings per share calculation for that period to account for these awards as if they were equity-settled plans. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>071</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=72,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=731440,FOLIO='71',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_72"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 11.&nbsp;ASSETS HELD FOR SALE  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>During 2011 and 2010, the company divested certain non-core assets as part of its continuing strategic alignment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company completed the sale of certain non-core U.K.&nbsp;offshore assets for net proceeds of &pound;105&nbsp;million (Cdn$164&nbsp;million). </FONT></P>


<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, the company classified certain non-core natural gas properties located in Western Canada as assets held for&nbsp;sale. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
assets and liabilities classified as held for sale are as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="251" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>January&nbsp;1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 87</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 635</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 31</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 311</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 177</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In the first quarter of 2010, the company completed the sale of its oil and gas producing assets in the U.S.&nbsp;Rockies for net proceeds of
US$481&nbsp;million (Cdn$502&nbsp;million). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the second quarter of 2010, the company completed the sale of non-core natural gas properties located in northeast British Columbia (Blueberry and Jedney) for net proceeds of
$383&nbsp;million, and non-core assets in central Alberta (Rosevear and Pine Creek) for net proceeds of $229&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the third quarter of 2010, the company completed the sales of assets in Trinidad and Tobago for net proceeds of US$378&nbsp;million (Cdn$383&nbsp;million), and the sale of its shares in
Petro-Canada Netherlands&nbsp;BV for net proceeds of &euro;316&nbsp;million (Cdn$420&nbsp;million). The company also completed the sale of non-core natural gas properties
located in west central Alberta (Bearberry and Ricinus) for net proceeds of $275&nbsp;million, and non-core assets in southern Alberta (Wildcat Hills) for net proceeds of
$351&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the fourth quarter of 2010, the company completed the sale of certain non-core U.K.&nbsp;offshore assets for net proceeds of &pound;55&nbsp;million (Cdn$86&nbsp;million). </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 12.&nbsp;GOODWILL AND OTHER INTANGIBLE ASSETS  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="169" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Oil Sands</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=8 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Refining and Marketing </FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Goodwill</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Goodwill</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Brand<BR>
name</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Customer<BR>
lists</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At January&nbsp;1, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 182</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 166</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 66</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 182</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 166</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Derecognition of goodwill </FONT><FONT SIZE=1>(note&nbsp;14)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (267</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (275</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>At March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 174</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 166</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 52</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;144</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>072</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=73,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=85277,FOLIO='72',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_73"> </A>

<P style="font-family:;"><FONT SIZE=2>Goodwill acquired through business combinations has been allocated to groups of CGUs within Oil Sands and Refining and Marketing. Indefinite-lived intangible
assets acquired through business combinations have been allocated to groups of CGUs within Refining and Marketing. Key assumptions and methodology used to determine recoverable amounts for groups of
CGUs with significant amounts of goodwill or intangible assets are discussed below. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company performed its last annual test for impairment as of July&nbsp;31, 2010. Recoverable amounts for the Oil Sands CGUs were based on fair value less costs to sell calculated using the
present value of the CGUs' expected future cash flows. The primary sources of cash flow information are derived from business plans approved by executives of the company, which were developed based on
macroeconomic factors such as forward price curves for benchmark commodities, inflation rates and industry supply-demand fundamentals. When required, the projected cash flows in the business plan have
been updated to reflect current market assessments of key assumptions including long-term forecasts of commodity prices, inflation rates, foreign exchange rates and discount rates specific
to the&nbsp;asset. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow forecasts are also based on past experience, historical trends and third-party evaluations of the company's reserves and resources to determine production profiles and volumes, operating
costs, maintenance and capital expenditures. Production profiles and reserve volumes are consistent with the estimates approved through the company's annual reserve evaluation process and determine
the term of the underlying cash flows used in the discounted cash flow test. The associated operating and capital costs to produce these reserves are based on past experience and specific
characteristics of the&nbsp;reservoir. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Future
cash flow estimates are adjusted to reflect risks specific to the asset and discounted using after-tax discount rates. The discount rate is calculated based on the weighted-average
cost of capital that is implicit in current market transactions for similar assets. The after-tax discount rate applied to cash flow projections was 11% at July&nbsp;31, 2010
(January&nbsp;1, 2010&nbsp;&#150;&nbsp;11%) with a conservative growth rate equal to the current inflation rate of 2% (January&nbsp;1,
2010&nbsp;&#150;&nbsp;2%). As a result of this analysis, management did not identify impairment within the Oil Sands operating segment and the associated allocated goodwill. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 13.&nbsp;INCOME TAXES  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="303" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provision for (recovery of) income taxes:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Canada</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 397</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 244</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Canada</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 356</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 171</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 246</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total provision for income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In March&nbsp;2011, the U.K.&nbsp;government substantively enacted a 12% increase in the supplementary charge on U.K.&nbsp;oil and gas profits.
Accordingly, the company recognized an increase in deferred tax expense of $442&nbsp;million related to the revaluation of deferred income tax&nbsp;balances. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 14.&nbsp;JOINT VENTURE WITH TOTAL  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>On March&nbsp;22, 2011, Suncor closed the previously announced transaction to enter into a joint venture with Total E&amp;P
Company&nbsp;Ltd. (Total). The two companies plan to develop the Fort Hills and Joslyn oil sands mining projects together with the other project partners, and restart the construction of the
Voyageur upgrader. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>073</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=74,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=1031206,FOLIO='73',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_74"> </A>

<P style="font-family:;"><FONT SIZE=2>As
a result of this transaction, Suncor acquired a 36.75% interest in Joslyn for consideration of $842&nbsp;million after closing adjustments. Total acquired a 49% interest in Voyageur, a 19.2%
increase in its interest in Fort Hills (reducing Suncor's interest from 60% to 40.8%), and rights to proprietary mining technology, for cash consideration of $2.662&nbsp;billion after closing
adjustments. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Overall,
Suncor recognized a loss of $112&nbsp;million related to the disposition of its interests in Voyageur and Fort Hills and the technology sale. The loss included the derecognition of
$267&nbsp;million of goodwill associated with the disposed interests in Fort Hills and&nbsp;Voyageur. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 15.&nbsp;LIBYA  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In March 2011, the company shut-in its Libyan production and ceased operations there as a result of the political violence. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, the company had not recorded any impairment adjustments related to these assets. The company is continuing to assess and evaluate its assets in Libya for potential
impairment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
carrying value of the company's net assets in Libya at March&nbsp;31, 2011 was approximately $900&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>074</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT>
</P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=75,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=46782,FOLIO='74',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fs14301_1_75"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Quarterly Operating Summary<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="196" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="27" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=14 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><BR>
<FONT SIZE=1>Three months ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Twelve<BR>
months<BR>
ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Oil Sands</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Production</B></FONT><FONT SIZE=1> (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total production (excluding Syncrude)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 322.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 325.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 306.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 295.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 202.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 283.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Firebag (mbbls/d of bitumen)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 55.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 52.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 50.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 55.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 55.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 53.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>MacKay River (mbbls/d of bitumen)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 32.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 28.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Syncrude</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 38.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Sales</B></FONT><FONT SIZE=1> (mbbls/d) (excluding Syncrude)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Light sweet crude oil</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 101.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 84.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 84.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 99.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 61.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 82.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Diesel</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 25.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 20.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Light sour crude oil</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 183.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 189.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 165.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 143.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 145.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Bitumen</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 23.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 24.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 21.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total sales</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 326.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 311.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 297.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 310.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 196.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 279.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=8 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B> Average sales price</B></FONT><FONT SIZE=1>&nbsp;<SUP>(1)</SUP> (dollars per barrel) (excluding Syncrude)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Light sweet crude oil*</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 90.47</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 83.02</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 75.49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 79.03</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other (diesel, light sour crude oil and bitumen)*</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 79.05</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 66.39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 69.53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total*</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 82.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 73.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.97</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 71.41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 73.03</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 71.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 82.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 67.53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 69.79</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 69.58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Syncrude average sales price&nbsp;<SUP>(1)</SUP> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 93.33</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 84.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 83.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.93</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B> Operating costs&nbsp;&#150;&nbsp;Total operations (excluding Syncrude)</B></FONT><FONT SIZE=1> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Cash costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 33.00</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Imported bitumen</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 36.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 54.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.30</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37.45</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 55.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 39.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Depreciation, depletion and amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 8.30</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 45.75</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 51.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 67.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 50.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B> Operating costs&nbsp;&#150;&nbsp;Syncrude</B></FONT><FONT SIZE=1>** (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Cash costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 35.30</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 39.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 28.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 39.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 38.70</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 41.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 44.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 38.70</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 41.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 44.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Depreciation, depletion and amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 20.25</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 58.95</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 48.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 56.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 57.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 50.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B> Operating costs&nbsp;&#150;&nbsp;In situ bitumen production only</B></FONT><FONT SIZE=1> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Cash costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 16.60</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 17.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 5.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 22.00</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 21.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 20.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4.20</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total cash operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 26.20</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 24.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 24.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 20.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 20.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Depreciation, depletion and amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 5.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total operating costs</B></FONT><FONT SIZE=1>&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 31.85</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 24.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 25.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 27.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Footnotes and definitions, see page&nbsp;79. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>075</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=76,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=429069,FOLIO='75',FILE='DISK127:[11ZBF1.11ZBF14301]FS14301A.;10',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fs14301_1_76"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Quarterly Operating Summary</B></FONT><FONT SIZE=1> (continued)<BR></FONT> <FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="196" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="27" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=14 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><BR>
<FONT SIZE=1>Three months ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Twelve<BR>
months<BR>
ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Exploration and Production</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total Production</B></FONT><FONT SIZE=1> (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B><BR>
240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><BR>
261.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><BR>
297.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><BR>
299.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><BR>
330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><BR>
296.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>North American Onshore</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Production</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas (mmcf/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 379</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 407</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 500</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 536</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 649</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 522</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas liquids and crude oil (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 5.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total production (mmcfe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 411</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 438</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 546</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 733</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 575</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Average sales price</B></FONT><FONT SIZE=1>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas (dollars per mcf)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3.72</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.71</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.04</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas liquids and crude oil (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 77.85</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 71.02</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 60.16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 72.73</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 66.07</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 67.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>East Coast Canada</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Production</B></FONT><FONT SIZE=1> (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Terra Nova</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 16.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 17.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 27.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 29.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 23.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Hibernia</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 29.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>White Rose</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 65.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 62.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 66.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Average sales price</B></FONT><FONT SIZE=1>&nbsp;<SUP>(1)</SUP> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 104.01</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 87.12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.88</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>International</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Production</B></FONT><FONT SIZE=1> (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><I>North Sea</I></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Buzzard</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 50.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 55.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 58.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 49.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 58.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 55.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other North Sea</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 15.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 25.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 27.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 23.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><I>Other International</I></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Libya</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 24.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Syria</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 17.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Trinidad and Tobago</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 107.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 125.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 139.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 131.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 133.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 132.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Average sales price</B></FONT><FONT SIZE=1>&nbsp;<SUP>(1)</SUP> (dollars per boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Buzzard</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 94.12</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 85.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 75.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 72.36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other North Sea</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 111.88</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 82.77</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 79.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 72.01</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other International</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 91.92</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 83.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 64.98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 59.81</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Footnotes and definitions, see page&nbsp;79. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>076</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=77,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=83716,FOLIO='76',FILE='DISK127:[11ZBF1.11ZBF14301]FS14301C.;3',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fs14301_1_77"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Quarterly Operating Summary</B></FONT><FONT SIZE=1> (continued)<BR></FONT> <FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="182" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="27" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=4 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=14 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><BR>
<FONT SIZE=1>Three months ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Twelve<BR>
months<BR>
ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=4 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Refining and Marketing</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Eastern North America</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Refined product sales</B></FONT><FONT SIZE=1> (thousands of m<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation fuels</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Gasoline</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 21.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 21.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 22.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Distillate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 13.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total transportation fuel sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 34.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Petrochemicals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Asphalt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total refined product sales</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 44.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 41.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 45.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Crude oil supply and refining</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Processed at refineries (thousands of m<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 33.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 29.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Utilization of refining capacity (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Western North America</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Refined product sales</B></FONT><FONT SIZE=1> (thousands of m<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation fuels</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Gasoline</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 17.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Distillate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 20.8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 23.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 17.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Total transportation fuel sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37.8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 41.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Asphalt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total refined product sales</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 40.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 44.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 40.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Crude oil supply and refining</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Processed at refineries (thousands of m<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 35.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Utilization of refining capacity (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 101</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 101</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=24 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Footnotes and definitions, see page&nbsp;79. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>077</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=78,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=238939,FOLIO='77',FILE='DISK127:[11ZBF1.11ZBF14301]FS14301D.;3',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fs14301_1_78"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Quarterly Operating Summary</B></FONT><FONT SIZE=1> (continued)<BR></FONT> <FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="8" style="font-family:;"></TD>
<TD WIDTH="196" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="27" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=14 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><BR>
<FONT SIZE=1>Three months ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Twelve<BR>
months<BR>
ended</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Netbacks</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>North American Onshore</B></FONT><FONT SIZE=1> (dollars per mcfe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Average price realized&nbsp;<SUP>(8)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4.72</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.47</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (0.44</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.02</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (0.20</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.04</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.34</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1.49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.72</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.47</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating netback</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.99</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.61</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.61</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>East Coast Canada</B></FONT><FONT SIZE=1> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Average price realized&nbsp;<SUP>(8)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 105.84</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 89.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 81.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.99</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.79</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 82.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (32.04</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (29.17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (25.49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (28.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (28.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (27.99</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1.83</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (8.14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (7.57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.08</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.68</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating netback</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 63.83</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 50.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 46.49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 42.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 43.53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 45.53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>North Sea&nbsp;&#150;&nbsp;Buzzard</B></FONT><FONT SIZE=1> (dollars per barrel)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Average price realized&nbsp;<SUP>(8)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 96.09</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 87.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 79.73</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1.97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (3.50</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (3.57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (3.09</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (3.07</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating netback</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 90.62</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 82.66</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 72.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 75.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 69.27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Other North Sea</B></FONT><FONT SIZE=1> (dollars per boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Average price realized&nbsp;<SUP>(8)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 114.25</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 85.73</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 81.13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 75.47</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 79.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (2.37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (1.73</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (3.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (3.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (19.60</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (16.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (13.59</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (21.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (12.58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (15.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating netback</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 92.28</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 66.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 65.81</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 51.01</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 63.52</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 62.56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:9pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Other International</B></FONT><FONT SIZE=1> (dollars per boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Average price realized&nbsp;<SUP>(8)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 92.28</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 82.74</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 65.36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 60.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.59</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (64.12</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (18.37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (30.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (30.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (32.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (30.67</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (0.36</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (5.21</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (4.49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (2.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (5.13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating netback</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 22.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 58.31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 28.07</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 24.41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.59</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=22 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Footnotes and definitions, see page&nbsp;79. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>078</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=79,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=869855,FOLIO='78',FILE='DISK127:[11ZBF1.11ZBF14301]FS14301D.;3',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fu14301_1_79"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </B></FONT><FONT SIZE=2><B> Quarterly Operating Summary </B></FONT><FONT SIZE=1>(continued) </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Non-GAAP Financial Measures  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Certain
financial measures referred to in the Quarterly Operating Summary are not prescribed by Canadian generally accepted accounting principles (GAAP). Suncor includes cash and total operating costs
per barrel and netback data because investors may use this information to analyze operating performance, leverage and liquidity. The additional information should not be considered in isolation or as
a substitute for measures of performance prepared in accordance with&nbsp;GAAP. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Definitions  </I></B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="181" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="7" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="58%" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=1>(1) Average sales price</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>This operating statistic is calculated before royalties (where applicable) and net of related transportation costs.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (2) Cash operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include cash costs that are defined as operating, selling and general expenses (excluding inventory changes), accretion expense and the cost of bitumen imported from third parties. Per barrel amounts are based on
total production volumes. For a reconciliation of this non-GAAP financial measure see Management's Discussion and Analysis.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (3) Total cash operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include cash operating costs&nbsp;&#150;&nbsp;Total operations as defined above and cash start-up costs. Per barrel amounts are based on total production volumes.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (4) Total operating costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include total cash operating costs&nbsp;&#150;&nbsp;Total operations as defined above and non-cash operating costs. Per barrel amounts are based on total production volumes.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (5) Cash operating costs&nbsp;&#150;&nbsp;In situ bitumen production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include cash costs that are defined as operating, selling and general expenses (excluding inventory changes) and accretion expense. Per barrel amounts are based on in situ production volumes only.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (6) Total cash operating costs&nbsp;&#150;&nbsp;In situ bitumen production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include cash operating costs&nbsp;&#150;&nbsp;In situ bitumen production as defined above and cash start-up operating costs. Per barrel amounts are based on in situ production volumes only.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (7) Total operating costs&nbsp;&#150;&nbsp;In situ bitumen production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Include total cash operating costs&nbsp;&#150;&nbsp;In situ bitumen production as defined above and non-cash operating costs. Per barrel amounts are based on in situ production volumes only.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> (8) Average price realized</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><BR><FONT SIZE=1>&#150;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>This operating statistic is calculated before transportation costs and royalties and excludes the impact of hedging activities.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B><I> Explanatory Notes  </I></B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="43" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="415" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=1>*</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>Excludes the impact of realized hedging activities.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> **</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>Users are cautioned that the Syncrude cash costs per barrel measure may not be fully comparable to similar information calculated by other&nbsp;entities (including Suncor's own cash costs per barrel excluding
Syncrude) due to differing treatments for operating and capital costs among producers.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;<BR></FONT>
<FONT SIZE=2><B><I> Abbreviations  </I></B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="43" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="90%" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=1>mbbls/d</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;thousands of barrels per day</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> mcf</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;thousands of cubic&nbsp;feet</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> mcfe</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;thousands of cubic&nbsp;feet equivalent</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> mmcf/d</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;millions of cubic&nbsp;feet per day</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> mmcfe/d</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;millions of cubic&nbsp;feet equivalent per day</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> boe</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;barrels of oil equivalent</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> mboe/d</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;thousands of barrels of oil equivalent per day</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><BR><FONT SIZE=1> m&nbsp;<SUP>3</SUP>/d</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><BR>&nbsp;</FONT></TD>
<TD style="font-family:;"><BR><FONT SIZE=1>&#150;&nbsp;&nbsp;&nbsp;&nbsp;cubic metres per day</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B><I> Metric conversion  </I></B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="37%" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="149" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="117" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=1>Crude oil, refined products, etc.</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>1m&nbsp;<SUP>3</SUP> (cubic metre)&nbsp;= approx. 6.29&nbsp;barrels</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>079</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=80,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=95135,FOLIO='79',FILE='DISK127:[11ZBF1.11ZBF14301]FU14301A.;4',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>&nbsp;<BR>
&nbsp;<BR></FONT> <FONT SIZE=2><B>
<IMG SRC="g860940.jpg" ALT="LOGO" WIDTH="126" HEIGHT="52">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>P.O. Box&nbsp;2844, 150 - 6<SUP>th</SUP> Avenue S.W., Calgary, Alberta, Canada&nbsp;&nbsp;T2P 3E3<BR>
tel: (403) 296-8000&nbsp;&nbsp;fax: (403) 296-3030&nbsp;&nbsp;info@suncor.com&nbsp;&nbsp;www.suncor.com </FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=81,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2",CHK=119374,FOLIO='blank',FILE='DISK127:[11ZBF1.11ZBF14301]HO14301A.;3',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_2">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mc14303_1">Exhibit&#160;99.1&#160;First&#160;Quarter&#160;2011&#160;Report&#160;to&#160;Shareholders&#160;for&#160;the&#160;period&#160;ended&#160;March&#160;31&#44;&#160;2011</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="2" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>a2203808zex-99_2.htm
<DESCRIPTION>EX-99.2
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_3">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="me14303_exhibit_99.2_management_s_disc__exh03091"> </A>
<A NAME="toc_me14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT 99.2<BR>  <BR>    Management's Discussion and Analysis for the First Quarter Ended<BR>  March&nbsp;31,&nbsp;2011    <BR>    </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=591689,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]ME14303A.;4',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_bl14301_1_6"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> MANAGEMENT'S DISCUSSION AND ANALYSIS<BR>  </B></FONT><FONT SIZE=1>May&nbsp;2, 2011 </FONT></P>


<P style="font-family:;"><FONT SIZE=2>This
Management's Discussion and Analysis (MD&amp;A) should be read in conjunction with Suncor's March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements and the audited Consolidated
Financial Statements and MD&amp;A for the year ended December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Additional
information about Suncor filed with Canadian securities commissions and the United&nbsp;States (U.S.) Securities and Exchange Commission (SEC), including quarterly and annual reports and
the Annual Information Form dated March&nbsp;3, 2011 (the&nbsp;2010 AIF), which is also filed with the SEC under cover of Form&nbsp;40-F, is available online at www.sedar.com,
www.sec.gov and our website www.suncor.com. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>References
to "we," "our," "Suncor," or "the company" mean Suncor Energy&nbsp;Inc., its subsidiaries, partnerships and joint venture investments, unless the context otherwise requires. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Basis of Presentation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Unless otherwise noted, all financial information, including comparative figures pertaining to Suncor's 2010 results, has been
prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically International Accounting Standard (IAS)
34&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Interim Financial Reporting</I></FONT><FONT SIZE=2>, within Part&nbsp;1 of the Canadian Institute of Chartered Accountants Handbook. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>This
is Suncor's first MD&amp;A presented with figures prepared using accounting policies within the framework of International Financial Reporting Standards (IFRS). In previous periods, the company
prepared its Consolidated Financial Statements and Interim Consolidated Financial Statements in accordance with Canadian generally accepted accounting principles in effect prior to January&nbsp;1,
2011 (Previous GAAP). Comparative figures presented in this MD&amp;A pertaining to Suncor's 2010 results have been restated to be in accordance with IFRS. A reconciliation of comparative figures from
Previous GAAP to IFRS is provided in the notes to the March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements. Comparative figures presented in this MD&amp;A pertaining to Suncor's 2009
results were prepared in accordance with Previous GAAP and were not required by IFRS&nbsp;1&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>First-Time Adoption of
International Financial Reporting Standards</I></FONT><FONT SIZE=2> or by the Canadian Securities Administrators to be restated in accordance with&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>All
financial information is reported in Canadian dollars (Cdn$), unless otherwise noted. Certain amounts in prior years have been reclassified to conform to the current year's presentation. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Petro-Canada Merger  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>On August&nbsp;1, 2009, Suncor completed its merger with Petro-Canada, referred to in this MD&amp;A as the "merger". Amounts disclosed
in this MD&amp;A for 2009 reflect the results of post-merger Suncor from August&nbsp;1, 2009 together with the results of pre-merger Suncor only from January&nbsp;1, 2009
through July&nbsp;31,&nbsp;2009. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Non-GAAP Financial Measures  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain financial measures in this MD&amp;A&nbsp;&#150;&nbsp;namely operating earnings, cash flow from operations,
return on capital employed (ROCE) and Oil Sands cash operating costs&nbsp;&#150;&nbsp;are not prescribed by GAAP. Operating earnings are defined in the Non-GAAP
Financial Measures Advisory section of this MD&amp;A and reconciled to GAAP net earnings in the Consolidated Financial Information and Segmented Results and Analysis sections of this MD&amp;A. Oil Sands cash
operating costs are defined and reconciled in the Segmented Results and
Analysis&nbsp;&#150;&nbsp;Oil Sands section of this MD&amp;A. Cash flow from operations and ROCE are reconciled in the Non-GAAP Financial Measures Advisory section of
this&nbsp;MD&amp;A. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>006</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=136491,FOLIO='6',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_7"> </A>

<P style="font-family:;"><FONT SIZE=2>These
non-GAAP financial measures do not have any standardized meaning and therefore are unlikely to be comparable to similar measures presented by other companies. These
non-GAAP financial measures are included because management uses the information to analyze operating performance, leverage and liquidity. Therefore, these non-GAAP financial
measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with&nbsp;GAAP. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Other Advisories  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>This MD&amp;A contains forward-looking information based on Suncor's current expectations, estimates, projections and assumptions. This
information is subject to a number of risks and uncertainties, including those discussed in this MD&amp;A and Suncor's other disclosure documents, many of which are beyond the company's control. Users of
this information are cautioned that actual results may differ materially. Refer to the Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A for information
on the material risk factors and assumptions underlying our forward-looking information. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain
crude oil and natural gas liquids volumes have been converted to millions of cubic&nbsp;feet equivalent (mmcfe) of natural gas on the basis of one barrel (bbl) to six thousand
cubic&nbsp;feet (mcf). Also, certain natural gas volumes have been converted to barrels of oil equivalent (boe) or thousands of boe (mboe) on the same basis. Any figure presented in mmcfe, boe and
mboe may be misleading, particularly if used in isolation. A conversion ratio of one bbl of crude oil or natural gas liquids to six mcf of natural gas is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not necessarily represent value equivalency at the&nbsp;wellhead. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> SUNCOR OVERVIEW  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor Energy&nbsp;Inc. is an integrated energy company headquartered in Calgary, Alberta. Suncor has classified its operations into the following
segments: </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Located in northeast Alberta, Suncor's Oil Sands segment recovers bitumen from mining and in situ operations and upgrades the majority
of this production into refinery feedstock, diesel fuel and byproducts. The company's marketing plan includes sales of bitumen when market conditions are favourable or when operating conditions
warrant. Oil Sands has interests in the Syncrude oil sands mining and upgrading joint venture and in significant growth projects, including the Fort Hills and Joslyn mining projects, and the Voyageur
Upgrader. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's Exploration and Production segment comprises production and exploration operations offshore Canada and in the North Sea, and
onshore in North America, Libya and&nbsp;Syria. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
January&nbsp;2011, Suncor announced the creation of the Exploration and Production segment, combining its International and Offshore and Natural Gas segments. This realignment will allow Suncor
to share best practices across its conventional oil and gas assets, with a view to optimizing returns and managing risk and&nbsp;growth. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
its North American Onshore operations (previously the Natural Gas segment), Suncor owns interests in a number of assets in Western Canada that primarily produce natural&nbsp;gas. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
East Coast Canada, Suncor operates Terra Nova, holding a working interest of 37.675%. Suncor also holds a 20% interest in Hibernia and a 19.5% interest in the Hibernia Southern Extension, a 27.5%
interest in White Rose and a 26.125% interest in the White Rose Extensions, and a 22.7% interest in&nbsp;Hebron, all of which are operated by other companies. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>007</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=3,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=866017,FOLIO='7',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_8"> </A>

<P style="font-family:;"><FONT SIZE=2>In
the North Sea, Suncor holds a 29.9% working interest in Buzzard, a 26.69% interest in the Golden Eagle Area Development&nbsp;&#150;&nbsp;both of which are operated by another
company&nbsp;&#150;&nbsp;and interests in several licences offshore Norway and the&nbsp;United Kingdom (U.K.). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
operates in Syria, pursuant to a production sharing contract (PSC), in the Ebla gas project to develop the Ash Shaer and Cherrife areas. Suncor operates in Libya, pursuant to Exploration and
Production Sharing Agreements (EPSA, a form of PSC), on the joint development of oil fields in the Sirte Basin. Due to recent events in Libya, the company has suspended operations in the country
indefinitely. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's Refining and Marketing segment refines crude oil into a broad range of petroleum and petrochemical products at refineries
located in Edmonton, Alberta, Montreal, Quebec and Sarnia, Ontario in Canada and Commerce City, Colorado in the&nbsp;U.S. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refined
products are sold to retail, commercial and industrial customers through a combination of company-owned, branded-dealer and other retail stations in Canada and Colorado, a nationwide Canadian
commercial road transport network, and a bulk sales&nbsp;channel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining
and Marketing also owns a lubricants business located in Mississauga, Ontario that manufactures, blends and markets high quality products worldwide. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other
assets include interests in a petrochemical plant, pipelines and product terminals in Canada and the&nbsp;U.S. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
grouping </FONT><FONT SIZE=2><B>Corporate, Energy Trading and Eliminations</B></FONT><FONT SIZE=2> includes the company's investments in renewable energy projects, results related to energy supply
and trading activities, and other activities not directly attributable to any other operating segment. The company's renewable energy interests include four operating wind power
projects&nbsp;&#150;&nbsp;with two additional projects under construction&nbsp;&#150;&nbsp;and the St.&nbsp;Clair ethanol plant in Ontario. Energy
trading activities primarily involve the marketing and trading of crude oil, natural gas, refined petroleum products and byproducts, and the use of financial derivatives to optimize related trading
strategies. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FIRST QUARTER HIGHLIGHTS  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Strong financial
results.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;First quarter results were indicative of a very strong business environment for crude oil and refined products, reflected by
significant increases in benchmark prices, as well as increased production from Oil&nbsp;Sands. <BR></FONT>
<BR>

<P style="font-family:;"><FONT SIZE=2>Consolidated
net earnings for the first quarter of 2011 were $1.028&nbsp;billion, compared with net earnings of $779&nbsp;million for the first quarter of 2010. Operating
earnings&nbsp;<SUP>(1)</SUP> for the first quarter of 2011 were $1.478&nbsp;billion, compared to $370&nbsp;million in the first quarter of 2010. ROCE&nbsp;<SUP>(1)</SUP>
(excluding major projects in progress) was 12.5% in the first quarter of 2011, compared to 4.8% in the first quarter of&nbsp;2010. </FONT></P>

</DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Cash flow doubled&nbsp;&#150;&nbsp;net debt
trimmed.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Cash flow from operations&nbsp;<SUP>(1)</SUP> was $2.393&nbsp;billion in the first quarter of 2011, compared to
$1.124&nbsp;billion in the first quarter of 2010. Net debt was $7.4&nbsp;billion at March&nbsp;31, 2011 and decreased by $3.8&nbsp;billion during the quarter, largely due to increased cash
flow from operations and receipt of proceeds on asset dispositions.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Continued focus on operational integrity is
critical.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In the first quarter of 2011, Oil Sands continued the strong performance it demonstrated in the second half of 2010, averaging
production volumes of 322,100&nbsp;barrels per day (bbls/d), excluding Syncrude. Refinery utilizations remained high&nbsp;&#150;&nbsp;averaging 97% in the
quarter&nbsp;&#150;&nbsp;which, combined with above average industry cracking margins, allowed the Refining and Marketing segment to more than quadruple net earnings and nearly
triple cash flow from operations. <BR></FONT>
<BR>

<P style="font-family:;"><FONT SIZE=2>However,
Suncor experienced problems with hydrogen and hydrotreating units at its Oil Sands facilities during the </FONT></P>

</DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>008</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=4,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=826513,FOLIO='8',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_bl14301_1_9"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=2>quarter,
resulting in decreased production of higher value light crude that negatively impacted Suncor's overall average sales price during the&nbsp;quarter. </FONT></P>

</UL>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Benefits of integration in a volatile business
environment.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;The impressive results in the Refining and Marketing segment, where Suncor's refineries are capable of processing oil sands
feedstock, highlight the strategic advantage of the company's integrated assets. Suncor was able to capture the margins created by the strong demand for refined products, offsetting the negative
impacts to the Oil Sands segment of lower prices for heavy crude feedstock caused by widening light/heavy differentials.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>First steam into Firebag
Stage&nbsp;3.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In April&nbsp;2011, the company started injecting steam into a well pad in the Firebag Stage&nbsp;3 expansion. The
company expects first oil production to be achieved in early July&nbsp;2011, ramping up toward full production rates over approximately 24&nbsp;months thereafter. The company had previously
disclosed that first oil would be achieved by the end of the second quarter.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Strategic alliance with Total E&amp;P Canada
Ltd.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;After receiving the necessary regulatory approvals on March&nbsp;22, 2011, Suncor and Total E&amp;P Canada&nbsp;Ltd. (Total)
executed their previously announced joint venture agreements. In exchange for net proceeds of $1.820&nbsp;billion (after closing adjustments) and a 36.75% interest in the Joslyn project, Suncor sold
to Total a 49% interest in the Voyageur Upgrader and a 19.2% interest in the Fort Hills project. Suncor anticipates that these assets will be brought on-stream within five to seven years
and plans to take advantage of opportunities to share resources and knowledge across the development of these&nbsp;projects. The development of the Voyageur Upgrader and the Fort Hills and Joslyn
projects is subject to certain regulatory approvals and the approval by all joint venture partners and Suncor's Board of Directors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Civil unrest in
Libya.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;Civil unrest in Libya in the middle of February escalated into political violence. Suncor responded initially by shutting down
exploration activities and evacuating all Suncor expatriate personnel. Production was shut-in by early March.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Tax rate increase in the
U.K.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In March&nbsp;2011, the U.K.&nbsp;government increased the supplementary charge on oil and gas profits in the North Sea from 20%
to 32%, which raised the overall statutory tax rate from 50% to 62%. The company adjusted its deferred income tax balances to reflect the tax rate increase, leading to a one-time negative
adjustment to net earnings of $442&nbsp;million in the first quarter of&nbsp;2011.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Non-core U.K.&nbsp;assets
divested.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;On March&nbsp;31, 2011, Suncor completed the sale of its non-core offshore U.K.&nbsp;assets for net proceeds of
&pound;105&nbsp;million ($164&nbsp;million), subject to closing adjustments.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2><B>Ethanol plant expansion
completed.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;In January&nbsp;2011, Suncor completed the expansion of its ethanol plant in Ontario that doubled production capacity to
400&nbsp;million litres per year and confirmed the plant as Canada's largest biofuels production facility.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating earnings, cash flow from operations and ROCE are non-GAAP financial measures. The company has
restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments. See the Non-GAAP Financial Measures Advisory
section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>009</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=5,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=542891,FOLIO='9',FILE='DISK127:[11ZBF1.11ZBF14301]BL14301A.;19',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_da14301_1_10"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> CONSOLIDATED FINANCIAL INFORMATION  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> <U>Net Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's net earnings for the first quarter of 2011 were $1.028&nbsp;billion, compared to $779&nbsp;million in the first quarter
of&nbsp;2010, and were primarily affected by the changes in operating earnings described subsequently. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the U.K.&nbsp;government announced an increase in the tax rate on oil and gas profits in the North Sea that increased the statutory tax rate on Suncor's earnings in the
U.K.&nbsp;from 50% to 59.3% in 2011 and 62% in future years. The company revalued its deferred income tax balances, resulting in a one-time increase to deferred income tax expense of
$442&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company sold partial interests in the Fort Hills and Voyageur Upgrader projects, resulting in an after-tax loss of $89&nbsp;million (which included a
$267&nbsp;million reduction to goodwill), and completed the sale of non-core U.K.&nbsp;assets, resulting in an after-tax loss of $81&nbsp;million. In the first quarter of
2010, the company sold non-core natural gas assets in the U.S.&nbsp;Rockies and northeast British Columbia (B.C.) and realized after-tax gains on disposal of
$204&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
after-tax unrealized foreign exchange gain on the revaluation of U.S.&nbsp;dollar denominated long-term debt was $162&nbsp;million in the first quarter of 2011,
compared to $230&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Net Earnings by Segment  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Operating Earnings Reconciliation</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)(2)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings as reported</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 170</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (204</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impact of income tax rate adjustments on deferred income taxes&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 442</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of commodity derivatives used for risk management, net of realizations&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra Nova&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merger and integration costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings is a non-GAAP measure that adjusts net earnings for significant items that are not indicative of operating performance that
management believes reduces the comparability of the underlying financial performance between periods. All reconciling items are presented on an after-tax basis. See the
Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>010</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=6,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=852193,FOLIO='10',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_11"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments.
See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Disposals
in the first quarter of 2011 included the partial disposition of the company's interests in the Voyageur Upgrader and Fort Hills project and the
completion of the sale of non-core assets in the U.K.&nbsp;portion of the North Sea. Disposals in the first quarter of 2010 included substantially all of the company's natural gas assets
in the U.S.&nbsp;Rockies and certain natural gas assets in northeast B.C. (known as Blueberry and&nbsp;Jedney).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustments
to the company's deferred income taxes resulting from an increase in the U.K.&nbsp;tax rate on oil and gas profits from the North&nbsp;Sea.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company adjusts net earnings for the change in fair value of significant crude oil risk management derivatives. The company also holds less significant
risk management derivatives for which the company does not adjust net earnings. The company held no significant crude oil risk management derivatives during the first quarter of 2011.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(6)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustment
resulting from the settlement reached in the fourth quarter of 2010 related to the redetermination of working interests in the Terra Nova oil
field. Operating earnings for 2010 have been restated to reflect the portion of the settlement attributable to the respective quarter.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(7)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Adjustments
reflect the impact of a royalty recovery in the fourth quarter of 2010 related to the Alberta government modifying the bitumen valuation
methodology calculation for the interim period from January&nbsp;1, 2009 to December&nbsp;31, 2010. Operating earnings for 2010 have been restated to reflect the portion of the recovery
attributable to the respective quarter. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings by Segment</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=1><B>
<IMG SRC="g144318.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Depreciation,
depletion and amortization. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>011</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=7,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=504820,FOLIO='11',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_12"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Upstream Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> mboe per day (mboe/d)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 601.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 564.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> Downstream Sales Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> Thousands of cubic metres per day (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 44.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 41.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 40.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 40.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Suncor's operating earnings for the first quarter of 2011 were $1.478&nbsp;billion, compared to $370&nbsp;million in the first quarter of 2010. Positive
factors impacting operating earnings in the first quarter of 2011, compared to the same period in 2010,&nbsp;included: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Realized prices for crude oil were considerably higher in the first quarter of 2011, reflected by significant increases in
the benchmark prices for West Texas Intermediate (WTI) and&nbsp;Brent.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Refining margins were also higher in the first quarter of 2011, reflected by large increases in benchmarks for
3-2-1&nbsp;crack spreads. Earnings also benefited from the effects of a rising price environment, as inventories produced during periods of lower feedstock costs have been
sold in the current period at increased prices that reflect current market conditions.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Upstream production for the first quarter of 2011 averaged 601,300&nbsp;boe per day (boe/d), up from 564,600&nbsp;boe/d
in the same period in 2010. The increase in production volumes occurred in Oil Sands and was due primarily to operational improvements in primary extraction and the negative impact of upgrader fires
on prior year production. This increase was partially offset by decreases in Exploration and Production related to asset dispositions that Suncor completed throughout&nbsp;2010. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>These
positive factors were partially offset by the following: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Royalties were higher in the first quarter of 2011, mainly due to higher production volumes from Oil&nbsp;Sands and
higher overall sales prices, partially offset by lower production volumes from Exploration and Production.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Operating expenses were higher in the first quarter of 2011, mainly due to higher share-based compensation expense that was
triggered primarily by the increase in the company's common stock&nbsp;price. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Cash Flow from Operations and Net Debt</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash flow from operations in the first quarter of 2011 was $2.393&nbsp;billion, compared to $1.124&nbsp;billion in the first
quarter of 2010, due mainly to higher sales prices and higher Oil Sands production. As a result of higher cash flow from operations and the receipt of proceeds from the transfer of interests in the
Voyageur Upgrader and Fort Hills projects to Total, the company's net debt decreased to $7.4&nbsp;billion in the first quarter of 2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>012</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=8,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=1026446,FOLIO='12',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_13"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Cash Flow from Operations by Segment</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Quarterly Financial Data</U></B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="7" style="font-family:;"></TD>
<TD WIDTH="115" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="4" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="34" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> Three months ended<BR>
($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total production</B></FONT><FONT SIZE=1> (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 601.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 625.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 635.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 633.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 564.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 638.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 531.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 336.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Revenue and other income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;981</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;718</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;174</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6&nbsp;950</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5&nbsp;397</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;647</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity income and interest and other income&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 589</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;119</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 843</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 279</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 686</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;046</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;939</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;837</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;017</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;636</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8&nbsp;443</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;768</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;286</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;224</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 540</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 457</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (51</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss) per common share</B></FONT><FONT SIZE=1> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Basic</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Diluted</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.82</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.78</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.34</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.68</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Operating earnings</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;478</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 808</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 785</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 839</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 370</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Operating earnings per common share</B></FONT><FONT SIZE=1>&nbsp;<SUP>(3)(4)</SUP> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 0.94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.52</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.24</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.06</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash flow from operations</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;129</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;629</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;770</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;129</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 574</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 295</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Cash flow from operations per common share</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)</SUP> (dollars)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.52</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.04</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1.13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.72</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.72</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>ROCE</B></FONT><FONT SIZE=1>&nbsp;<SUP>(4)(5)</SUP> (%)<BR>
For the twelve months ended</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Common share information</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>(Share price at the end of trading)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Toronto Stock Exchange (Cdn$)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 43.48</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 31.33</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 33.03</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 37.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>New&nbsp;York Stock Exchange (US$)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 44.84</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 38.29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 29.44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32.54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 35.31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 34.56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 30.34</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=28 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Quarterly
data for periods ending in 2009 is presented in accordance with Previous GAAP. Inputs for metrics for twelve-month periods have been calculated
using earnings information prepared in accordance with IFRS for the portion of the twelve-month period pertaining to 2010 and under Previous GAAP for the portion of the twelve-month period pertaining
to 2009. 2010 data includes amounts classified as discontinued operations under Previous GAAP. See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>As
a result of the merger, on October&nbsp;1, 2009, the company began presenting on a net basis certain amounts in its energy supply and trading
activities for commodity contracts that exceeded the company's expected purchase, sale or usage requirements.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>The
company has restated 2010 operating earnings for the transition to IFRS and for the removal of certain prior year operating earnings adjustments.
Operating earnings for periods ending in 2009 have not been restated for these items. See the Basis of Presentation and the Non-GAAP Financial Measures Advisory sections of
this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Excludes
capitalized costs related to major projects in progress. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>013</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=9,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=73669,FOLIO='13',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_14"> </A>

<P style="font-family:;"><FONT SIZE=2>Trends in Suncor's quarterly earnings results and cash flow from operations are driven primarily by production volumes and changes in commodity prices, refining
crack spreads and foreign exchange rates, which are discussed in the Business Environment section of this&nbsp;MD&amp;A. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Over
the last two years, Suncor's results were impacted by several important events: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Results in the first quarter of 2010 were negatively impacted by two upgrader fires that decreased Oil&nbsp;Sands
production.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>As part of its strategic business alignment subsequent to the merger with Petro-Canada, Suncor divested a number of
non-core assets in its Exploration and Production segment throughout 2010. The resulting gains and losses on disposal had one-time impacts on net earnings in the quarters in
which they&nbsp;occurred.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Significant changes occurring through the latter half of 2009 primarily reflect the merger, which closed
August&nbsp;1,&nbsp;2009.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The second quarter of 2009 was negatively impacted by the downturn in the economy, including
mark-to-market losses on risk management commodity derivatives and costs to defer certain growth projects. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Net
earnings over the last two years were also affected by other one-time adjustments, including: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The fourth quarter of 2010 included a pre-tax gain of $295&nbsp;million for the redetermination of working
interests in the Terra&nbsp;Nova oil field and a pre-tax royalty recovery of $140&nbsp;million with respect to the modification of the bitumen valuation methodology calculation. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The second quarter of 2010 included pre-tax impairment adjustments totalling $233&nbsp;million for Oil Sands
assets that were being used in the development of an alternative extraction process and natural gas properties that the company decided not to&nbsp;pursue.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The fourth quarter of 2009 included a one-time positive income tax rate adjustment of $148&nbsp;million
resulting from the provincial rate reduction in&nbsp;Ontario.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>The third quarter of 2009 included a pre-tax gain of $438&nbsp;million for the effective settlement of a
pre-existing processing agreement with Petro-Canada as a result of the&nbsp;merger. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> <U>Business Environment</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Commodity prices, refining crack spreads and foreign exchange rates are some of the most significant factors that affect the results
of Suncor's operations. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="127" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="35" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="3" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="28" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> Three months ended<BR>
(average for the period ended)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Mar 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Sept 30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>June&nbsp;30<BR>
2009</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=30 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>WTI crude oil at Cushing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 94.10</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 85.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 59.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Dated Brent crude oil at Sullom Voe</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 104.95</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 86.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 78.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 58.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Dated Brent/Maya FOB price differential</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 15.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Canadian 0.3% par crude oil at Edmonton</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> Cdn$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 88.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 74.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 76.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 80.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 77.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 70.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 65.30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Light/heavy crude oil differential of WTI at Cushing less Western Canadian Select (WCS) at Hardisty</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 23.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 18.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 14.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas (Alberta spot) at AECO</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> Cdn$/mcf</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3.60</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.00</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>New&nbsp;York Harbor 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 19.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Chicago 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 16.45</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11.05</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10.15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Seattle 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 21.40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 16.60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5.95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 13.35</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Gulf Coast 3-2-1&nbsp;crack&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/bbl</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18.50</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7.45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9.65</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6.75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 8.40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:7pt;text-indent:-7pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exchange rate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> US$/Cdn$</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1.01</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.99</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.97</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 0.85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=30 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>3-2-1&nbsp;crack
spreads are calculated by taking two times the spot price of gasoline at the stated location plus one, multiplied
by the spot price of diesel at the same location, then subtracting three times the near-month contract price for NYMEX Light Sweet Crude Oil delivered at Cushing, and then dividing the
entire sum by&nbsp;three. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>014</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=10,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=594468,FOLIO='14',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_15"> </A>

<P style="font-family:;"><FONT SIZE=2>Suncor's sweet synthetic crude oil price realizations are influenced primarily by changes in the price for WTI at Cushing. The average WTI price for the first
quarter of 2011 increased to US$94.10/bbl from US$85.20/bbl in the fourth quarter of 2010 and from US$78.70/bbl in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
produces a specific grade of sour synthetic crude oil in Alberta, the price realizations for which are influenced by changes in the price for WTI and for Canadian par crude at Edmonton, but
which can also be affected by other conditions resulting from spot sales required to manage inventory levels. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor's
heavy crude oil price realizations are influenced by customers' alternatives. WCS at Hardisty is a common reference price for Canadian heavy crude oil. In the first quarter of 2011, the
average light/heavy crude differential between WTI and WCS widened considerably to US$23.15/bbl, up from US$18.10/bbl in the fourth quarter of 2010 and from US$8.95/bbl in the first quarter
of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
price realizations for crude oil production from East Coast Canada, the North Sea, Libya and Syria are influenced primarily by the price for Brent crude. Brent crude prices increased
significantly in the first quarter of 2011, averaging US$104.95/bbl, and also traded at a substantial premium to WTI. This premium averaged US$10.85/bbl in the first quarter of 2011, compared to
US$1.30/bbl in the fourth quarter of 2010 and a discount of US$2.45/bbl in the first quarter of&nbsp;2010. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor's
price realizations for North American Onshore production are primarily referenced to Alberta spot at AECO. The AECO benchmark averaged $3.60/mcf for the first quarter of 2011, which was
consistent with the fourth quarter of 2010 and lower than the average benchmark of $5.35/mcf in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's
refining margins are influenced primarily by 3-2-1&nbsp;crack spreads, which are industry indicators approximating the gross refining margin on a barrel of oil for
gasoline and distillate, and by light/heavy crude differentials, which indicate when more complex refineries can earn greater margins by processing less expensive, heavier crudes. These benchmarks do
not necessarily reflect the margins of a specific refinery, where actual crude purchase costs, refinery configuration and refined product sales markets reflect factors unique to that refinery. Crack
spreads increased significantly in the first quarter of 2011, as prices for refined products outpaced those for crude feedstock, due in part to the WTI discount that developed in the quarter.
Light/heavy crude differentials, including the Brent/Maya differential, also widened significantly in the first quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
majority of Suncor's revenues from the sale of oil and natural gas commodities are based on prices that are determined by, or referenced to, U.S.&nbsp;dollar benchmark prices. The majority of
Suncor's expenditures are realized in Canadian dollars. An increase in the value of the Canadian dollar relative to the U.S.&nbsp;dollar will decrease revenue received from the sale of commodities
and, correspondingly, a decrease in the value of the Canadian dollar relative to the U.S.&nbsp;dollar will increase the revenues received from the sale of&nbsp;commodities. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>015</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=11,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=286572,FOLIO='15',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_16"> </A>

<P style="font-family:;"><FONT SIZE=2><B> SEGMENTED RESULTS AND ANALYSIS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;199</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;795</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (123</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;076</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;725</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (in&nbsp;thousands of bbls/d (mbbls/d))</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Oil Sands net earnings for the first quarter of 2011 were $605&nbsp;million, compared to $89&nbsp;million for the first quarter of 2010. Net earnings in the
first quarter of 2011 included an after-tax loss of $89&nbsp;million on the sale of partial interests in the Voyageur Upgrader and the Fort Hills project to&nbsp;Total. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Operating
earnings for the first quarter of 2011 were $694&nbsp;million, which was significantly higher than operating earnings of $90&nbsp;million for the first quarter of 2010. Production
volumes (excluding Syncrude) were consistent with the record levels achieved in the fourth quarter of 2010&nbsp;&#150;&nbsp;reflecting operational improvements in extraction
activities&nbsp;&#150;&nbsp;and were significantly higher than production volumes in the first quarter of 2010&nbsp;&#150;&nbsp;reflecting the impact of
prior years' upgrader fires. However, earnings in the quarter were negatively impacted by operational issues with hydrogen and hydrotreating units at our upgrading facilities that decreased the amount
of higher value light sweet crude production, weaker sales prices for heavy crude oil and higher operating expenses, including planned upgrader maintenance that is part of the company's rolling
maintenance program. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations for the first quarter of 2011 was $1.137&nbsp;billion, compared to $265&nbsp;million in the first quarter of 2010. The increase in cash flow from operations was due
mainly to the same factors that affected operating earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> ($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 89</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of commodity derivatives used for risk management, net of realizations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 694</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 90</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>016</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=12,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=504123,FOLIO='16',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_17"> </A>
<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g774440.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1> (mbbls/d)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Production excluding Syncrude</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 322.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 202.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Syncrude production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 360.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 234.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Production volumes excluding Syncrude increased significantly in the first quarter of 2011, compared with the first quarter of 2010, and were within
four&nbsp;mbbls/d of the record set in the fourth&nbsp;quarter of 2010, despite upgrader maintenance that was part of the company's rolling maintenance program. In 2010, production was negatively
impacted by a fire and subsequent maintenance at Upgrader 2&nbsp;in December&nbsp;2009 and a second, unrelated fire at Upgrader 1&nbsp;in February&nbsp;2010. Upgrader 2&nbsp;returned to
normal production in early February&nbsp;2010, while Upgrader 1&nbsp;was restored to normal operations on April&nbsp;1,&nbsp;2010. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
situ production volumes averaged 87.3&nbsp;mbbls/d of bitumen in the first quarter of 2011, compared to 87.5&nbsp;mbbls/d of bitumen in the first quarter of 2010. Production volumes in the
first quarter of 2011 at both Firebag and MacKay River operations were comparable to the same period in&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>First
quarter Syncrude production increased to 38.5&nbsp;mbbls/d in the first quarter of 2011, compared to 32.3&nbsp;mbbls/d in the first quarter of 2010. Production was lower in the first quarter
of 2010 primarily due to planned maintenance events. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>017</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=13,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=234387,FOLIO='17',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_da14301_1_18"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Prices and Sales Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="331" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Average sales price excluding Syncrude&nbsp;<SUP>(1)(2)</SUP> ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 82.59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales volumes excluding Syncrude (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 326.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 196.7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales mix (sweet/sour) (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37/63</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38/62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Average sales price&nbsp;&#150;&nbsp;Syncrude&nbsp;<SUP>(1)</SUP> ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 93.33</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83.21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Sales volumes&nbsp;&#150;&nbsp;Syncrude (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
sales price is before royalties and net of related transportation costs.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
sales price excluding Syncrude includes the impact of realized derivative gains and losses pertaining to the company's risk management activities. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Sales volumes increased in the first quarter of 2011, compared with the first quarter of 2010, due mainly to the impacts of upgrader fires on 2010 production.
Although consistent with the same period in 2010, the sweet/sour sales mix in the first quarter of 2011 was lower than expected because of the impacts of unplanned outages in the hydrogen and
hydrotreating units. Despite these outages, the company is encouraged by its progress in its reliability improvement efforts and plans to continue with this operational focus, with a particular
emphasis on upgrading assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, Oil Sands average sales price benefited from higher benchmark prices for crude oil and diesel production. These positive effects were partially offset by the stronger
Canadian dollar relative to the U.S.&nbsp;dollar. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil
Sands average sales price was negatively impacted by the change in the sweet/sour sales mix and by light/heavy crude differentials, which widened significantly in the first quarter of 2011. The
average sales price for bitumen was lower in the first quarter of 2011 than in the same period in 2010, negatively impacted by supply disruptions that increased prices for the diluent that is required
to transport bitumen in pipelines. Suncor's realization for production (excluding Syncrude) averaged WTI less US$10.31/bbl in the first quarter of 2011, compared to WTI less US$8.65/bbl in the first
quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Royalties  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Royalties were higher in the first quarter of 2011 than in the same period in 2010, due mainly to the effects of upgrader fires on
2010 production, higher WTI prices, and MacKay River reaching the post-payout phase in November&nbsp;2010. These increases were mostly offset by higher capital expenditures for Suncor's
Tailings Reduction Operations (TRO<SUB>TM</SUB>) and other mining operations, and higher operating expenses. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>018</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=14,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=970407,FOLIO='18',FILE='DISK127:[11ZBF1.11ZBF14301]DA14301A.;32',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_dc14301_1_19"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Cash Operating Costs Reconciliation</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Total Oil Sands cash operating costs increased slightly to $1.050&nbsp;billion in the first quarter of 2011, from
$993&nbsp;million in the first quarter of 2010, primarily due to higher maintenance costs for mining activities and unplanned outages at the hydrogen plants and the diesel hydrotreater. In situ cash
operating costs were also higher due to increased maintenance activities and labour associated with new infrastructure, partially offset by lower natural gas costs due to lower benchmark prices. Oil
Sands cash operating costs per barrel decreased mainly because of the increase in production volumes. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="209" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR></FONT> <FONT SIZE=1><B>March&nbsp;31&nbsp;2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31&nbsp;2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$&nbsp;millions</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$/bbl</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$&nbsp;millions</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>$/bbl</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;320</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;162</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Syncrude-related expenses&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (133</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (125</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Other non-production related costs&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash operating costs&nbsp;&#150;&nbsp;excluding Syncrude</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;050</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36.15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 993</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=16 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
operating costs and cash operating costs per barrel are non-GAAP measures, which are derived by adjusting operating, selling and general
expenses&nbsp;&#150;&nbsp;a GAAP measure&nbsp;&#150;&nbsp;for expenses that management believes do not relate to the production performance of the
operated oil sands assets. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
operating costs exclude Suncor's proportionate share of production and operating, selling and general expenses from the Syncrude joint&nbsp;venture.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Significant
non-production related costs include earnings effects associated with items including, but not limited to, the change in inventory
valuation, share-based compensation expense, costs related to the deferral of growth projects and the accretion of asset retirement obligations. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other operating expenses were higher in the first quarter of 2011 than in the same period in 2010, primarily due to higher share-based
compensation expense that was triggered primarily by the increase in the company's stock price and higher project start-up costs related to increased activity for the Firebag
Stage&nbsp;3 and Stage&nbsp;4 expansions, partially offset by lower costs related to the deferral of growth projects. The company continues to incur costs related to placing certain growth
projects into "safe mode" as a result of the economic downturn in late 2008 and early 2009. These costs were $15&nbsp;million (pre-tax) in the first&nbsp;quarter of 2011 and $37&nbsp;million
(pre-tax) in the first&nbsp;quarter of 2010. Safe mode costs include the costs for maintaining equipment and facilities related to projects still in safe mode and the costs of activities pertaining
to the remobilization of equipment and&nbsp;personnel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>DD&amp;A
expense was higher in the first quarter of 2011 than in the same period in 2010, mainly because of a larger asset base. Exploration costs for in situ properties increased as the company undertook
core hole drilling programs on several of its&nbsp;properties. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company has a planned maintenance event lasting approximately six weeks scheduled for the primary upgrading units in
Upgrader&nbsp;2 in the second quarter of 2011&nbsp;&#150;&nbsp;the largest such event in Suncor's history. To take advantage of current market conditions and maximize
revenues, the company has changed the sequence of work on other units and advanced work originally planned later in the year. The overall time frame of this event is unchanged, and the company expects
production volumes will be reduced by approximately 215,000&nbsp;bbls/d over its&nbsp;duration. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company also has planned maintenance events at central processing facilities for both Firebag, for two weeks in September and MacKay River, for two weeks overlapping the end of the
third&nbsp;quarter. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Syncrude
has a six-week planned maintenance event for September and October of&nbsp;2011. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>019</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=15,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=268646,FOLIO='19',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_20"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Impact of Strategic Alliance with Total</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>During the first quarter of 2011, Suncor and Total received all required approvals to complete their strategic alliance that was
announced on December&nbsp;17, 2010. The closing date for transactions that are part of the arrangement was March&nbsp;22, 2011, with an effective date of January&nbsp;1,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
consideration for Total acquiring a 49% interest in the Voyageur Upgrader, an additional 19.2% interest in the Fort Hills project, rights to certain knowledge and technology licences, and Total
assuming its share of capital expenditures subsequent to the effective date, Suncor received $2.662&nbsp;billion from Total (net&nbsp;of transaction costs) in the first quarter of 2011. Suncor
recorded an after-tax loss of $89&nbsp;million on the partial disposition of its assets, which included derecognizing $267&nbsp;million of goodwill that the company allocated to its
disposed interests. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
retained a 51% interest in the Voyageur Upgrader and a 40.8% interest in the Fort Hills project. Total's interest in Fort Hills increased to 39.2%, with Teck Resources Limited holding the
remaining 20%&nbsp;interest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
consideration for Suncor acquiring a 36.75% interest in Joslyn and assuming its share of capital expenditures subsequent to the effective date, Suncor issued an $842&nbsp;million note payable to
Total that was paid on April&nbsp;29, 2011, which was ten business days following receipt of the order-in-council of Alberta from the lieutenant-governor that approved development of
the&nbsp;project. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Total
retained a 38.25% interest in the Joslyn project, with Occidental Petroleum Corporation (15%) and Inpex Canada&nbsp;Ltd. (10%) holding the remaining interests. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
anticipates that all three projects will be developed concurrently, with the Voyageur Upgrader and Fort Hills coming on-stream in 2016 and Joslyn coming on-stream by
2017 to 2018. The company's strategic alliance with Total also includes crude oil marketing agreements that take effect when the various growth projects commence operations. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> <U>Mine Financial Security Program</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>By law, oil sands mine companies are responsible for reclaiming land that is disturbed by mining and the operation of related plants.
Standards for reclamation are set by the Government of Alberta. During the first quarter of 2011, the Alberta government announced it had finalized changes to its Mine Financial Security Program.
These changes are not expected to impact Suncor in the near term as existing credit instruments provided by Suncor to the government will not be&nbsp;returned and remain in place. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Land-use Framework</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>On April&nbsp;5, 2011, the Government of Alberta issued its draft Lower Athabasca Regional Plan (LARP). This plan, developed as part
of the Land-Use Framework under the Alberta Land Stewardship Act, identifies new conservation areas, as well as management frameworks for air, surface water and groundwater quality. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Although
the company is still reviewing the draft LARP, our preliminary assessment is that the conservation areas currently proposed do not appear to overlap Suncor's leases. The management frameworks
formalize a number of regulatory tools that are already used by the government to manage environmental aspects of oil sands development, and may require Suncor to have greater participation in the
evaluation of environmental issues. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>020</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=16,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=560002,FOLIO='20',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_21"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Comparative figures for Exploration and Production are presented by combining results previously reported separately in the International and Offshore
and Natural Gas&nbsp;segments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;815</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;831</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (432</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (402</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net (loss) earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Exploration and Production had a net loss of $186&nbsp;million in the first quarter of 2011, compared with net earnings of $528&nbsp;million in the first
quarter of 2010. The net loss in the first quarter of 2011 included a one-time negative deferred income tax adjustment of $442&nbsp;million pertaining to the increase in the U.K.
supplementary charge on oil and gas profits in the North Sea and an $81&nbsp;million after-tax loss on disposal of non-core U.K.&nbsp;offshore assets. Net earnings in the
first quarter of 2010 included after-tax gains of $204&nbsp;million on non-core asset dispositions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Exploration
and Production had operating earnings of $337&nbsp;million in the first quarter of 2011, compared with operating earnings of $332&nbsp;million in the first quarter of 2010. The
increase in operating earnings was primarily due to the impact of higher overall average sales prices and lower DD&amp;A, partially offset by the impact of lower overall production volumes as a result of
non-core asset dispositions throughout&nbsp;2010, and the higher effective tax rate on U.K.&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations was $583&nbsp;million in the first quarter of 2011, compared to $848&nbsp;million in the first quarter of 2010, and was negatively impacted by lower overall production
volumes and by current income tax due on the net proceeds received from the disposition of non-core U.K.&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net (loss) earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (204</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impact of income tax rate adjustments on deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 442</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra Nova</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 337</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>021</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=17,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=304165,FOLIO='21',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_22"> </A>

<P style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g960831.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="315">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Production Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total production (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 240.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 330.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>East Coast Canada (mbbls/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 65.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 74.6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North Sea (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 65.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 86.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other International (mboe/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 41.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore (mmcfe per day (mmcfe/d))</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 411</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 733</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In East Coast Canada, first quarter production decreased compared with the same quarter in 2010, primarily caused by partial shut-ins at Terra Nova
to assess remediation options for the presence of hydrogen sulphide (H<SUB>2</SUB>S) in certain wells. This decrease was partially offset by the increase in Suncor's working interest in Terra Nova
from 33.990% to 37.675% that came into effect on January&nbsp;1, 2011, and by additional volumes from the North Amethyst portion of the White Rose Extensions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Production
in the North Sea decreased in the first quarter of 2011, compared with the same quarter in 2010, primarily due to the prior period including 12.1&nbsp;mboe/d associated with non-core
asset dispositions completed in 2010. Persistent
gas compression cooler outages have led to a decrease in production at Buzzard, where production volumes averaged 50.3&nbsp;mboe/d in the first quarter of 2011, compared to 58.6&nbsp;mboe/d in the
first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Other
International production decreased in the first quarter of 2011, compared with the same period in 2010. The company disposed of its Trinidad and Tobago assets in the third quarter of 2010, while
new production from Syria only commenced in the second quarter of 2010. In Libya, production slowed in February&nbsp;2011 and was completely shut-in by March, due to the
civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>North
American Onshore production decreased to 411&nbsp;mmcfe/d in the first quarter of 2011 from 733&nbsp;mmcfe/d in the first quarter of 2010, primarily due to non-core asset dispositions
throughout 2010. Production from remaining properties in North America decreased 10% compared to the first quarter of 2010, due primarily to natural declines in reservoir performance. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>022</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=18,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=552103,FOLIO='22',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_23"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Prices</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD ALIGN="RIGHT" style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>East Coast Canada ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 104.01</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 78.69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North Sea ($/boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 98.28</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 73.55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other International ($/boe)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 91.92</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 59.81</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore&nbsp;&#150;&nbsp;natural gas ($/mcf)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3.72</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5.32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>North American Onshore&nbsp;&#150;&nbsp;natural gas liquids and crude oil ($/bbl)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 77.85</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 66.07</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Prices
are calculated before royalties and net of transportation costs. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Average sales prices for crude oil and natural gas liquids in the first quarter of 2011 were significantly higher than the first quarter of 2010, due primarily
to increasing benchmark prices for Brent crude. Average sales prices for natural gas from North American production decreased, due primarily to decreasing benchmark prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Royalties  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>After-tax royalties for Exploration and Production increased in the first quarter of 2011, compared to the same period in
2010. Suncor's operations in Libya and Syria are conducted pursuant to PSCs&nbsp;&#150;&nbsp;royalty amounts presented reflect the difference between Suncor's working interest
in the particular project and the net revenue attributable to Suncor under the terms of the applicable contract. In the first quarter of 2011, royalties in Libya increased as net revenue attributable
to Suncor was lower, mainly due to the civil unrest and ensuing sanctions. East Coast Canada royalties were lower in the first quarter of 2011 than in the same period in 2010, with lower production
volumes more than offsetting higher prices. North American Onshore royalties were also lower than in the same period in 2010, primarily because of asset dispositions and lower sales prices. The
company does not pay royalties on U.K.&nbsp;production. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating expenses were higher in the first quarter of 2011 than in the first&nbsp;quarter of 2010, mainly due to costs associated
with the closure of an office in London, England in March and higher share-based compensation expense triggered primarily by the increase in the company's stock&nbsp;price. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>DD&amp;A
decreased in the first quarter of 2011 compared with the same period in 2010, primarily due to lower production volumes resulting from 2010 asset dispositions. Exploration expense also decreased
in the first quarter of 2011 as activities in Libya were suspended due to the civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Asset Dispositions</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>On March&nbsp;31, 2011, the company completed its sale of non-core U.K.&nbsp;offshore assets (primarily Scott and
Triton) that had an effective date of July&nbsp;1, 2010, for net proceeds of &pound;105&nbsp;million (Cdn$164&nbsp;million), subject to closing adjustments. Net proceeds were reduced
significantly by operations subsequent to the effective date that were recorded as part of the company's earnings up to the closing date. These properties contributed production of 15.4&nbsp;mboe/d
in the first quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>During
2010, the company divested other North Sea assets: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>A portion of the sale of the non-core U.K.&nbsp;offshore assets was completed in the fourth quarter of 2010
for net proceeds of &pound;55&nbsp;million (Cdn$86&nbsp;million).  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On August&nbsp;13, 2010, the company completed the sale of its shares in Petro-Canada Netherlands&nbsp;BV for net
proceeds of &euro;316&nbsp;million (Cdn$420&nbsp;million) with an effective date of January&nbsp;1,&nbsp;2010. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>023</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=19,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=510210,FOLIO='23',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dc14301_1_24"> </A>

<P style="font-family:;"><FONT SIZE=2>North
Sea assets that the company sold in 2010 and 2011 contributed production of 27.5&nbsp;mboe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
August&nbsp;5, 2010, the company completed the sale of its assets in Trinidad and Tobago for net proceeds of US$378&nbsp;million (Cdn$383&nbsp;million) with an effective date of
January&nbsp;1, 2010. These assets contributed production of 11.7&nbsp;mboe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>During
2010, the company divested a number of non-core natural gas assets from its North American Onshore operations: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On March&nbsp;1, 2010, the company sold substantially all of its producing assets in the U.S.&nbsp;Rockies for net
proceeds of US$481&nbsp;million (Cdn$502&nbsp;million). The remaining U.S.&nbsp;Rockies upstream assets were sold shortly thereafter.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On March&nbsp;31, 2010, the company completed the sale of properties located in northeast B.C., known as
Jedney/Blueberry, for net proceeds of $383&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On May&nbsp;31, 2010, the company completed the sale of properties located in central Alberta, known as Rosevear and Pine
Creek, for net proceeds of $229&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On August&nbsp;31, 2010, the company completed the sale of properties located in west central Alberta, known as Bearberry
and Ricinus, for net proceeds of $275&nbsp;million.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>On September&nbsp;30, 2010, the company completed the sale of properties located in southern Alberta, known as Wildcat
Hills, for net proceeds of $351&nbsp;million. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>These
natural gas properties contributed production of 277&nbsp;mmcfe/d in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company plans to continue divesting non-core properties from its North American Onshore operations. As at March&nbsp;31, 2011, the carrying value of assets classified as held for
sale was $94&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The 15-week dockside maintenance program originally planned for Terra Nova in 2011 is expected to be delayed until 2012,
so that plans to resolve H<SUB>2</SUB>S issues may be implemented concurrently. Terra Nova still plans to undergo a four-week annual maintenance outage during the third quarter of 2011
and has contingency plans ready in the event that swivel performance requires an additional outage. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>White
Rose has a 16-day planned maintenance event scheduled for July&nbsp;2011, though work is ongoing to reduce the length of this&nbsp;event. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
tie-in of the fourth platform at Buzzard has been temporarily delayed and is expected to be completed in the second quarter of 2011. A three-week annual maintenance program
at Buzzard is expected in the third&nbsp;quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Terra Nova Collective Bargaining</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In the first quarter of 2011, the company negotiated a collective agreement with union leadership at Terra Nova. The agreement has not
been ratified by the union membership. Suncor is currently evaluating its next steps. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Political Unrest in the Middle East and North Africa</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In late February, political violence in Libya resulted in Suncor evacuating its expatriate personnel and implementing other security
measures for the safety of Libyan national staff, contractors and other service providers. In early March, as the political violence worsened, production volumes in Libya were shut-in.
Suncor continues to monitor the situation in Libya and to date has taken all reasonable steps to ensure the safety of its people and preserve the value of its assets and operations, and maintain
compliance with the company's Principles for Responsible Investment and Operations, which define Suncor's human rights values and policies in the areas in which we operate. As part of its normal
course of operations, Suncor carries risk mitigation instruments in the aggregate amount of approximately $400&nbsp;million&nbsp;(pre-tax). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;18, 2011, Suncor declared force majeure under its EPSAs. As at March&nbsp;31, 2011, Suncor had no cash inflows and minimal cash outflows pertaining to its operations in Libya. The
carrying value of Suncor's net assets in Libya at March&nbsp;31, 2011 was approximately $900&nbsp;million. Suncor's operations in Libya represented approximately 1% of the company's consolidated
operating earnings for the year ended December&nbsp;31, 2010 and 3% of the company's consolidated assets as at December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>024</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=20,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=895688,FOLIO='24',FILE='DISK127:[11ZBF1.11ZBF14301]DC14301A.;34',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_de14301_1_25"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2>
As at March&nbsp;31, 2011, Suncor had not recorded any impairment adjustments related to these assets. Suncor is continuing to evaluate and assess its assets in Libya for potential impairment.
Should the current situation in Libya be resolved in a manner such that the sale of production resumes expediently and without significant remedial expenditure, the value of Suncor's net assets in
Libya will not be impaired. However, should the current situation persist or worsen, such that Suncor is unable to resume operations in the near term or without significant remedial expenditure,
Suncor believes its assets in Libya could be&nbsp;impaired in the future. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
response to the political violence in Libya, the United Nations, the European Union and the Canadian and U.S.&nbsp;governments imposed sanctions on transactions with Libya and corporations
controlled by the Libyan government, including the National Oil Corporation&nbsp;&#150;&nbsp;Suncor's joint venture partner&nbsp;&#150;&nbsp;and Harouge
Oil Operations&nbsp;BV&nbsp;&#150;&nbsp;the joint venture operating company. Suncor is complying with the terms of all sanctions in jurisdictions relevant to the company's
operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>More
recently, unrest has also surfaced in certain regions of Syria. To date, there has been no direct impact to Suncor's operations as a consequence of this unrest. The company continues to monitor
the situation closely with a priority placed on the safety of its personnel and the security of its&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 6&nbsp;079</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;818</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings and operating earnings&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and product supply</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 546</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Crude oil processed (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings and cash flow from operations are non-GAAP measures. The company has restated prior year operating earnings for the transition to IFRS
and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Refining and Marketing had net earnings and operating earnings of $627&nbsp;million in the first quarter of 2011, compared with net earnings and operating
earnings of $147&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining
and product supply activities contributed $546&nbsp;million to operating earnings in the first quarter of 2011, bolstered by strong cracking margins in all markets and widening light/heavy
crude differentials. Marketing activities contributed $81&nbsp;million to operating earnings in the first quarter of 2011, an increase over the same period in 2010, mainly due to higher sales
volumes and margins in the wholesale and lubricants channels. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow from operations was $929&nbsp;million in the first quarter of 2011, compared to $328&nbsp;million in the first quarter of 2010, and increased primarily due to higher margins and the
other factors affecting operating earnings. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>025</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=21,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=433485,FOLIO='25',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_26"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:;"><FONT SIZE=2><B>
<IMG SRC="g999300.jpg" ALT="GRAPHIC" WIDTH="684" HEIGHT="297">
  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Volumes  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="309" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refined product sales (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gasoline</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 21.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 17.0</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39.1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Distillates</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 20.8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 34.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other, including petrochemicals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13.9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total refined product sales</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 84.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 82.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refinery utilization&nbsp;(%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 91</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 97</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Crude oil processed (thousands of m&nbsp;<SUP>3</SUP>/d)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Eastern North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 33.1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 31.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Western North America</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 33.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total crude oil processed</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68.4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64.5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Total sales of refined petroleum products averaged 84,900&nbsp;m&nbsp;<SUP>3</SUP>/d in the first quarter of 2011, compared to
82,200&nbsp;m&nbsp;<SUP>3</SUP>/d in the first quarter of 2010. The economic recovery led to increases in sales volumes of lubricants, as well as distillates in Western Canada through the
company's wholesale network. These increases were partially offset by decreases in retail </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>026</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=22,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=993965,FOLIO='26',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_27"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>sales
volumes that were mainly due to the site divestments completed throughout 2010 that were mandated by the Canadian Competition Bureau as a result of the&nbsp;merger. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refinery
utilization in Eastern North America averaged 97% in the first quarter of 2011. The Montreal refinery ran at record rates in the first quarter, reflecting improvements from the company's
focus on reliable operations, but also increased to make up for reduced throughput at the Sarnia refinery. Logistical constraints on the Enbridge pipeline system are negatively impacting the Sarnia
refinery, which continues to endure ongoing crude availability issues due to the apportionment of pipeline space and crude contamination issues caused by the commingling of Sarnia feedstock with
heavier&nbsp;crudes. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refinery
utilization in Western North America averaged 97% in the first quarter of 2011. The increase over the same period in 2010 was mainly due to improved reliability at the Edmonton refinery that
the company has shown since the middle of last year, resulting from operational improvements following the refinery conversion project in 2009, and the company's need to build inventory levels heading
into planned maintenance events at both refineries in the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Prices and Margins  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Gross margins increased significantly during the first quarter of 2011 and were much higher than in the first quarter of 2010, as
cracking margins were well above historical averages. Earnings also benefited from the effects of a rising price environment, as inventories produced during periods of lower feedstock costs were sold
in the current period at increased prices that reflected current market conditions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Due
to increasing prices for refined products, the company's Sarnia, Edmonton and Commerce City refineries, which all run crude feedstock priced off of WTI, benefited further from the lower relative
feedstock costs reflected by WTI trading at a significant discount to Brent. These refineries also benefited further from widening Western Canada light/heavy differentials and sweet/sour synthetic
crude differentials. Refining margins at the Montreal refinery were also strong, with cracking margins more than offsetting the increase in feedstock costs caused by the increase in prices for
Brent&nbsp;crude. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Expenses and Other Factors  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating expenses were slightly higher in 2011, compared with 2010, due to higher variable transportation costs associated with the
increase in sales volumes, and higher share-based compensation expense that was triggered primarily by the increase in the company's stock&nbsp;price. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Operating
earnings were also positively impacted by a gain pertaining to the company's investments in marketing entities and a decrease in the effective tax rate for the segment as a result of a
higher proportion of taxable earnings in&nbsp;Canada. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Planned Maintenance Events</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The second quarter of 2011 for Refining and Marketing includes planned maintenance events at three of the company's four refineries. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;20, 2011, the company began planned maintenance at the Sarnia refinery that involved the partial shutdown of the refinery's operating units, including the hydrocracking unit. This work
occurred over a five-week period ending on May&nbsp;1. The company increased throughput levels at the Montreal refinery to help offset the loss of production related to this maintenance
event. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>On
March&nbsp;19, 2011, the company began planned maintenance at the Commerce City refinery that involved the shutdown of two out of three crude distillation units and the associated processing
units. This work was completed prior to the end of&nbsp;April. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>027</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=23,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=384477,FOLIO='27',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_28"> </A>

<P style="font-family:;"><FONT SIZE=2>In
late April 2011, the company commenced a six-week program of planned maintenance at the Edmonton refinery, which includes the shutdown of the heavy crude unit, two hydrotreating units
and the delayed coker unit. This work has been co-ordinated with the planned maintenance at Upgrader 2&nbsp;in Oil Sands to minimize the impact of each plant's outages on the&nbsp;other. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>For
planned maintenance events, the company mitigates the impact of lost production on customers by building inventory levels prior to the event and by entering into transactions to ensure the
availability of additional refined products. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Corporate, Energy Trading and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> <U>Financial Highlights</U>  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="317" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net (loss) earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss)&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Renewable energy</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 15</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy trading</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 39</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (189</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (208</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Group eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (45</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow used in operations&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Power generation marketed (gigawatt hours)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ethanol production (thousands of m<SUP>3</SUP>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 81.7</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measures. Operating earnings is reconciled to net earnings below. The company has restated prior year operating earnings for the
transition to IFRS and for the removal of certain prior year operating earnings adjustments. See also the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The net loss for Corporate, Energy Trading and Eliminations in the first quarter of 2011 was $18&nbsp;million, compared with net earnings of $15&nbsp;million
in the first quarter of 2010. In the first quarter of 2011, the US$/Cdn$ exchange rate increased from 1.01 to 1.03, resulting in an after-tax unrealized foreign exchange gain on
U.S.&nbsp;dollar denominated long-term debt of $162&nbsp;million, compared with an after-tax gain of $230&nbsp;million in the first quarter of 2010, when the US$/Cdn$
exchange rate increased from 0.96 to&nbsp;0.98. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
operating loss for Corporate, Energy Trading and Eliminations in the first quarter of 2011 of $180&nbsp;million was less than the operating loss of $199&nbsp;million in the first quarter of
2010, primarily due to a lower operating loss in Corporate and higher earnings from energy trading activities. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>028</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=24,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=923010,FOLIO='28',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_de14301_1_29"> </A>

<P style="font-family:;"><FONT SIZE=2><B> <U>Operating Earnings</U>  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings Reconciliation  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="325" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="42" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><BR>
<FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net (loss) earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merger and integration costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating loss</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (180</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (199</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The company has restated prior year operating earnings for the transition to IFRS and for the removal of certain prior year
operating earnings adjustments. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Renewable Energy  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's renewable energy assets contributed operating earnings of $15&nbsp;million in the first quarter of 2011, which was
comparable to operating earnings of $14&nbsp;million in the first quarter of&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of January&nbsp;2011, Suncor completed the expansion of its ethanol plant in Ontario, which increased production capacity from 200&nbsp;million litres per year to 400&nbsp;million
litres per&nbsp;year. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Energy Trading  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Energy trading activities contributed operating earnings of $39&nbsp;million in the first quarter of 2011, compared with an
operating loss of $8&nbsp;million in the first quarter of 2010. The increase in earnings is due primarily to unrealized gains on trading strategies that purchase heavy crude oil in Alberta and
transport it to markets with more favourable prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Corporate and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Corporate had an operating loss of $189&nbsp;million in the first quarter of 2011, compared with an operating loss of
$208&nbsp;million in the first quarter of 2010. Interest expense was lower as the company had less short-term debt throughout the first quarter of 2011 than in the same period in 2010,
and capitalized more interest because of new spending on the Firebag Stage&nbsp;4 expansion and other growth projects. The operating loss in the first quarter of 2010 also included captive insurance
expenses pertaining to the 2009 Upgrader&nbsp;2 fire. These decreases in operating loss were partially offset by an increase in share-based compensation expense that was triggered primarily by the
increase in the company's stock&nbsp;price. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Group
eliminations reflect the elimination of profit on crude oil sales from Oil Sands or East Coast Canada to Refining and Marketing. Consolidated profits are only realized when the refined products
produced from internal purchases of crude feedstock have been sold to third parties. During the first quarter of 2011, $45&nbsp;million of intersegment profit was eliminated. This figure increased
compared with the first quarter of 2010, primarily because of the increase in crude oil&nbsp;prices. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CAPITAL INVESTMENT UPDATE  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor spent $1.602&nbsp;billion on expenditures for property, plant and equipment and exploration and evaluation activities in the first quarter of
2011. Suncor's total capital budget for 2011 is $6.7&nbsp;billion, including $2.8&nbsp;billion directed towards growth projects. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>029</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=25,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=991693,FOLIO='29',FILE='DISK127:[11ZBF1.11ZBF14301]DE14301A.;21',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_dg14301_1_30"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Capital and Exploration Expenditures</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP> </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="358" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="66" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR></FONT> <FONT SIZE=1><B>March&nbsp;31 2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;113</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 299</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 128</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 62</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Amounts
reflect cash payments for capital and exploration expenditures and include capitalized interest. The company's purchase of the interest in the
Joslyn project from Total is not included because Suncor did not make payment for the purchase until April&nbsp;2011. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The following sections providing capital investment updates for Suncor's segments contain forward-looking information. See the
Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A for the material risks and assumptions underlying this forward-looking information. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Oil Sands  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil Sands capital and exploration expenditures were $1.113&nbsp;billion in the first quarter of 2011 and included $200&nbsp;million for the
purchase of oil sands mining leases adjacent to the company's existing landholdings. Growth spending has been primarily focused on the construction of the Firebag Stage&nbsp;3 and Stage&nbsp;4
expansions, the implementation of TRO<SUB>TM</SUB> tailings reclamation technology across existing operations and the Millennium Naphtha Unit (MNU)&nbsp;project. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Firebag Stage&nbsp;3, first quarter expenditures were approximately $160&nbsp;million and focused primarily on the construction of well pads and central plant and cogeneration facilities. In
April&nbsp;2011, the company started injecting steam into a well pad in the Firebag Stage&nbsp;3 expansion. The company expects first oil production to be achieved in early July&nbsp;2011. The
company had previously disclosed that first oil would be achieved by the end of the second quarter. The ramp up period to achieve full production rates is approximately 24&nbsp;months thereafter. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Firebag Stage&nbsp;4, first quarter expenditures were approximately $170&nbsp;million and focused primarily on the construction of infrastructure, well pads, and central plant and cogeneration
facilities. The company expects to begin production at the Stage&nbsp;4 expansion late in the first quarter of&nbsp;2013. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company continued construction of the MNU. The project is scheduled to be completed by the end of 2011 and is expected to provide additional hydrotreating capacity to increase the percentage mix
of sweet synthetic crude oil&nbsp;production. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company anticipates expenditures for: (i)&nbsp;the Voyageur Upgrader to focus on the remobilization of the workforce, confirmation of current design and modification of project execution plans;
(ii)&nbsp;the Fort Hills project to focus on design base memorandum engineering; and (iii)&nbsp;the Joslyn project to focus on geological, engineering, regulatory and environmental studies. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Exploration and Production  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The Exploration and Production segment spent $299&nbsp;million on capital and exploration expenditures in the first quarter of 2011, primarily on
development drilling for Hibernia, Terra Nova and White Rose, exploratory drilling of the Ballicatters well offshore Newfoundland and the appraisal of the Beta discovery offshore Norway. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
plans to begin drilling a production well at Terra Nova in the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
Hibernia Southern Extension project received sanction in the first quarter of 2011. First oil from the extension is expected by the middle of 2011 from platform wells, with further capital
expenditures throughout the year anticipated to be directed towards more development drilling and subsea infrastructure to facilitate increased future production when subsea wells
come&nbsp;on-stream. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>030</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=26,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=1006806,FOLIO='30',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_31"> </A>

<P style="font-family:;"><FONT SIZE=2>At
White Rose, the drilling of development wells continues, with two to three wells planned for the year. White Rose received regulatory approval for a pilot project to be drilled from existing
infrastructure to provide additional information about the West White Rose field that is part of the White Rose Extensions. The completion of the first of these two pilot wells and initial production
volumes are expected in the second half of 2011, with water injection support expected to come on-stream in early&nbsp;2012. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Hebron, front-end engineering activities are continuing, and the project development plan application was submitted to the Canada Newfoundland and Labrador Offshore Petroleum Board on
April&nbsp;15,&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
late 2010, a preliminary field development plan was filed for the Golden Eagle Area Development in the North Sea, which included stand-alone facilities designed for 70,000&nbsp;boe/d of gross
production. The field development decision is expected later in 2011. Suncor has a 26.69% interest in this development. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company's exploration activities during the first quarter of 2011 included evaluating the Ballicatters exploration well offshore Newfoundland. In Norway, the company secured an offshore drilling
rig for the fourth quarter of 2011 to drill a further appraisal well on the Beta discovery and meet its exploration commitment on the PL375B licence. In April 2011, Suncor was awarded new exploration
licences (two&nbsp;operated and one non-operated) in the Norway portion of the North Sea. In-country exploration and seismic activities in Libya were suspended indefinitely
as a result of the outbreak of civil&nbsp;unrest. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Refining and Marketing  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Refining and Marketing spent $128&nbsp;million on capital expenditures in the first quarter of 2011. Spending was primarily focused on planned
maintenance events occurring in the second&nbsp;quarter. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Corporate, Energy Trading and Eliminations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Renewable Energy  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Development of the 88&nbsp;megawatt (MW) Wintering Hills wind project in southern Alberta and the 20&nbsp;MW Kent Breeze wind
project in Ontario continued in the first quarter of 2011. Capital expenditures focused on the acquisition of wind turbines and the construction of plant facilities and infrastructure. The company
expects both projects to be completed in&nbsp;2011. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Corporate  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Corporate capital expenditures continue on initiatives to integrate pre-merger information systems onto one common
platform. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FINANCIAL CONDITION AND LIQUIDITY  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Indicators  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Working capital&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;148</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 514</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;637</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;903</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12&nbsp;331</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;438</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;254</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt plus shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 47&nbsp;303</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47&nbsp;523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt to total debt plus shareholders' equity (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 23</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Current
assets less current liabilities, excluding cash and cash equivalents, short-term debt, current portion of
long-term&nbsp;debt and current assets and liabilities associated with assets held for&nbsp;sale. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>031</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=27,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=747131,FOLIO='31',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_32"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;<BR></FONT></P>

</UL>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> Twelve months ended<BR>
March&nbsp;31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Return on Capital Employed (%)&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Excluding major projects in progress</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Including major projects in progress</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt to cash flow from operations (times)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest coverage on long-term debt (times)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10.3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5.0</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow from operations&nbsp;<SUP>(4)</SUP><SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14.2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7.2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Inputs
for metrics for the twelve months ended March&nbsp;31, 2010 have been calculated based on three months of financial information prepared in
accordance with IFRS (the&nbsp;three months ended March&nbsp;31, 2010) and nine months of financial information prepared in accordance with Previous GAAP (the&nbsp;nine months ended
December&nbsp;31, 2009). See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. The calculations for ROCE are detailed in the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Net
earnings plus income taxes and interest expense, divided by the sum of interest expense and capitalized interest.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Cash
flow from operations plus current income taxes and interest expense, divided by the sum of interest expense and capitalized interest.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Non-GAAP
measure. See the Non-GAAP Financial Measures Advisory section of this&nbsp;MD&amp;A. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Capital Resources  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's capital resources consist primarily of cash flow from operations and available lines of credit. Suncor's management believes
the company will have the capital resources to fund its planned 2011 capital spending program and meet current and long-term working capital requirements through cash flow from operations,
proceeds from the agreement with Total and other planned asset divestitures, and its available committed credit facilities. The company's cash flow from operations depends on a number of factors,
including commodity prices, production and sales volumes, refining and marketing margins, operating expenses, taxes, royalties and foreign exchange rates. If additional capital is required, Suncor's
management believes adequate additional financing will be available in debt capital markets at commercial terms and&nbsp;rates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Financing Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The management of debt levels continues to be a priority given the company's long-term growth plans. Suncor's management
believes a phased and flexible approach to existing and future growth projects should assist Suncor in maintaining its ability to manage project costs and debt&nbsp;levels. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, Suncor's net debt was $7.438&nbsp;billion, compared to $11.254&nbsp;billion at December&nbsp;31, 2010. Net debt decreased by $3.816&nbsp;billion, largely due to an
increase in cash and cash equivalents resulting from higher cash flow from operations and cash proceeds received from the closing of the transactions with Total. Cash and cash equivalents increased
$2.388&nbsp;billion during the first quarter of 2011, including the impact of the company reducing its short-term debt by $1.232&nbsp;billion. In April&nbsp;2011, Suncor settled the
note payable to Total for the purchase of the interest in Joslyn. This payment had the effect of increasing net debt by $842&nbsp;million. Unutilized lines of credit at March&nbsp;31, 2011 were
approximately $6.5&nbsp;billion, compared to $5.3&nbsp;billion at December&nbsp;31, 2010, and increased due to the repayment of short-term&nbsp;debt. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
company plans to repay the $500&nbsp;million Medium Term Notes due in August&nbsp;2011 and maintain access to short-term commercial paper borrowing at competitive interest rates by
keeping short-term debt at March&nbsp;31, 2011 levels (approximately $750&nbsp;million). The company plans to invest excess cash in short-term investments. The objectives
of the company's short-term investment portfolio will be to ensure the preservation of capital, maintain adequate liquidity to meet cash flow requirements and deliver competitive returns
consistent with the quality and diversification of investments </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>032</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=28,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=856299,FOLIO='32',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_33"> </A>

<P style="font-family:;"><FONT SIZE=2>within
acceptable risk parameters. The maximum weighted average term to maturity of the short-term investment portfolio will not exceed six months, and all investments will be with
counterparties with investment grade debt&nbsp;ratings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
is subject to financial and operating covenants related to its public market and bank debt. Failure to meet the terms of one or more of these covenants may constitute an Event of Default as
defined in the respective debt agreements, potentially resulting in accelerated repayment of one or more of the debt obligations. The company is in compliance with its financial covenant that requires
total debt to not be more than 60% of its total debt plus shareholders' equity. At March&nbsp;31, 2011, total debt to total debt plus shareholders' equity was 23% (December&nbsp;31,
2010&nbsp;&#150;&nbsp;26%). The company is also currently in compliance with all operating covenants. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
preceding paragraphs contain forward-looking information. See the Advisory&nbsp;&#151;&nbsp;Forward-Looking Information section of this MD&amp;A for the material risks and
assumptions underlying this forward-looking information. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Credit Ratings  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The following information regarding the company's credit ratings is provided as it relates to the company's cost of funds and
liquidity and indicates whether or not the company's credit ratings have changed. In particular, the company's ability to access unsecured funding markets and to engage in certain collateralized
business activities on a cost-effective basis is primarily dependent upon maintaining competitive credit ratings. A lowering of the company's credit rating may also have potentially
adverse consequences for the company's funding capacity or access to the capital markets, may affect the company's ability, and the cost, to enter into normal course derivative or hedging
transactions, and may require the company to post additional collateral under certain contracts. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>All
of the company's debt ratings are investment grade. The company's long-term senior debt ratings are BBB+, with a stable outlook from Standard&nbsp;&amp; Poor's (S&amp;P); A&nbsp;(low),
with a stable trend from Dominion Bond Rating Service (DBRS); and Baa2, with a stable outlook from Moody's Investors Service. Suncor's current commercial paper ratings are A-1 (Low) from
S&amp;P and R-1 (low) from DBRS. These credit ratings have not changed from December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Outstanding Shares  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="358" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="66" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(thousands)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31, 2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;572&nbsp;993</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common share options&nbsp;&#150;&nbsp;exercisable and non-exercisable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 64&nbsp;675</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common share options&nbsp;&#150;&nbsp;exercisable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43&nbsp;451</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>As at April&nbsp;28, 2011, the total number of common shares outstanding was 1,573,257,188 and the total number of exercisable and non-exercisable
common share options outstanding was 64,130,735. Once exercisable, each outstanding common share option is convertible into one common&nbsp;share. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Canadian Federal Budget Proposal  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A Canadian federal budget was introduced on March&nbsp;22, 2011; however, opposing parties defeated the government and forced an
election for May&nbsp;2, 2011. The budget included several changes that could have a significant impact on Suncor, including the limitation of deferral opportunities for corporate partnerships, the
change in the future treatment of oil sands lease purchases to Canadian oil and gas property expense from Canadian development expense and the change in future treatment of pre-production
development expenses for oil sands mines to Canadian development expense from Canadian exploration expense. A better understanding of the effects of the budget is subject to a review of the actual
legislation, if and when the budget is passed. The company's preliminary assessment is that, if passed, the budget will decrease cash </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>033</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=29,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=355314,FOLIO='33',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<A NAME="page_dg14301_1_34"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>flow
from operations by accelerating the payment of cash income taxes, but will not have a significant impact on net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Contractual Obligations, Commitments and Guarantees  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In the normal course of business, the company is obligated to make future payments, including contractual obligations and
non-cancellable commitments. Suncor has included these items in the Aggregate Contractual Obligations section of its 2010 MD&amp;A, which is herein incorporated by&nbsp;reference. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Since
December&nbsp;31, 2010, there have been no material changes to amounts presented in the Aggregate Contractual Obligations table, except that the time frame for the completion of exploration
commitments (US$335&nbsp;million) and payment of other long-term liabilities (US$290&nbsp;million) pertaining to the EPSAs in Libya may be deferred until
later years as a result of the civil unrest and sanctions, and except for the reclassification of $460&nbsp;million from operating lease agreements to capital lease payments as a result of the
company's transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> FINANCIAL INSTRUMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor periodically enters into derivative contracts such as forwards, futures, swaps, options and costless collars to manage exposure to fluctuations
in commodity prices and foreign exchange rates, and to optimize the company's position with respect to interest payments. The company also uses physical and financial energy derivatives to earn
trading revenues. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
more information on Suncor's financial instruments and the related financial risk factors, see note&nbsp;21 of the audited Consolidated Financial Statements for the year ended
December&nbsp;31, 2010, which note herein is incorporated by&nbsp;reference. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Energy Trading and Risk Management Activities  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>Suncor uses crude oil, natural gas and refined product derivative contracts to earn supply and trading revenues. The results of these
supply and trading activities are reported as Energy supply and trading activity income and expenses in the Consolidated Statements of Comprehensive Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
also uses derivative contracts to hedge risks related to purchases and sales of commodities, to manage exposure to interest rates, and to hedge risks specific to individual transactions. To
comply with IFRS, gains or losses on risk management derivatives are now recorded in Interest and other income in the Consolidated Statements of Comprehensive Income. Under Previous GAAP, these gains
and losses were recorded in the same caption as the related transaction. There are no significant risk management derivative contracts outstanding as at March&nbsp;31,&nbsp;2011. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
change in fair value of derivatives pertaining to energy trading and risk management activities during the first&nbsp;quarter of 2011 was as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="385" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Fair value of derivative contracts outstanding at December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (74</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Fair value of derivative contracts realized during the period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value during the period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Fair value of derivative contracts outstanding at March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=6 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>The fair value of derivatives pertaining to energy trading and risk management activities are recorded in the Consolidated Balance Sheets as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="319" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 90</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (109</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (93</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (74</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>034</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=30,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=82903,FOLIO='34',FILE='DISK127:[11ZBF1.11ZBF14301]DG14301A.;24',USER='JDAY',CD=';2-MAY-2011;18:51' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_di14301_1_35"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Accounting for Fair Value Hedges  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>As at March&nbsp;31, 2011, the company had interest rate swaps relating to $200&nbsp;million of its fixed-rate debt
for Medium Term Notes due August&nbsp;2011 classified as fair value hedges. The fair value of these swaps was $4&nbsp;million at March&nbsp;31, 2011, and is recorded in Accounts receivable in
the Consolidated Balance&nbsp;Sheets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Risks Associated with Derivative Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's price risk management strategies are subject to periodic management reviews to determine appropriate hedge requirements based
on the company's tolerance for exposure to market volatility, as well as the need for stable cash flow to finance future&nbsp;growth. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor
may be exposed to certain losses in the event that the counterparties to derivative financial instruments are unable to meet the terms of the contracts. The company minimizes this risk by
entering into agreements with investment grade counterparties. Risk is also minimized through regular management review of the potential exposure to and credit ratings
of such counterparties. Suncor's exposure is limited to those counterparties holding derivative contracts with net positive fair values at the reporting&nbsp;date. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Energy
trading activities are governed by a separate risk management group that reviews and monitors practices and policies, and provides independent verification and valuation of these activities. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> RISK FACTORS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company's financial and operational performance is potentially affected by a number of factors, including but not limited to, the volatility of
commodity prices and exchange rate fluctuations; government regulation, including changes to royalty and income tax legislation; environmental regulation, including changes to climate change and
reclamation legislation; risks associated with operating in foreign countries, including geopolitical and other political risks; operating hazards and other uncertainties, including extreme weather
conditions, fires, explosions and oil spills; risks associated with the execution of major projects; reputational risk; permit approval; labour and materials supply; and other issues discussed within
the Advisory&nbsp;&#150;&nbsp;Forward-Looking Information section of this MD&amp;A. A more detailed discussion of the risk factors affecting the company is presented in the Risk
Factors section of Suncor's 2010 MD&amp;A, which is herein incorporated by reference. See also the Control Environment Section of this&nbsp;MD&amp;A. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CRITICAL ACCOUNTING ESTIMATES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The preparation of financial statements in accordance with GAAP requires management to make estimates, judgments and assumptions that affect reported
assets, liabilities, revenues and expenses, gains and losses, and disclosures of contingencies. These estimates and assumptions are subject to change based on experience and new information. Critical
accounting estimates are those that require management to make assumptions about matters that are highly uncertain at the time the estimate is made. Critical accounting estimates are also those
estimates, which, where a different estimate could have been used or where changes in the estimate that are reasonably likely to occur, would have a material impact on the company's financial
condition, changes in financial condition or financial performance. Critical accounting estimates are reviewed annually by the Audit Committee of the Board of Directors. The following are the critical
accounting estimates used in the preparation of Suncor's March&nbsp;31, 2011 unaudited Interim Consolidated Financial Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil and Gas Reserves and Resources  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Measurements of depletion, depreciation, amortization, impairment and decommissioning and restoration obligations are determined in part based on the
company's estimate of oil and gas reserves and resources. Although not reported as part </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>035</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=31,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=321667,FOLIO='35',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_36"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>of
the company's Consolidated Financial Statements, these estimates of reserves and resources can have a significant impact on the Consolidated Financial Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
estimation of reserves is a subjective process and involves the exercise of professional judgment. Reserves and resources were evaluated or reviewed as at December&nbsp;31, 2010 by independent
qualified reserves evaluators in accordance with National Instrument&nbsp;51-101 </FONT><FONT SIZE=2><I>Standards of Disclosure for Oil and Gas Activities</I></FONT><FONT SIZE=2>. The
reserves and resources estimates are based on the definitions and guidelines contained in the Canadian Oil and Gas Evaluation Handbook. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil
and gas reserves and resources estimates are based on a range of geological, technical and economic factors, including projected future rates of production, estimated commodity prices, engineering
data, and the timing and amount of future expenditures, all of which are subject to uncertainty. Assumptions reflect market and regulatory conditions existing at December&nbsp;31, 2010, which could
differ significantly from other points in time throughout the year or in future&nbsp;periods. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Oil and Gas Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company is required to use judgment when designating the nature of oil and gas activities as exploration, evaluation, development
or production, and when determining whether the initial costs of these activities are capitalized. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><U>Exploration and Evaluation Costs</U> </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The costs of drilling exploratory wells are initially capitalized pending the evaluation of commercially recoverable resources. The
determination that commercial resources have been discovered requires both
judgment and industry experience. If a judgment is made that there are no commercially recoverable reserves, the associated exploration costs are charged to Exploration expense. Evaluation costs
incurred when management is assessing whether there are commercially recoverable resources and designing development and front-end engineering plans are capitalized. Capitalized costs associated with
exploration and evaluation assets are subject to ongoing technical, commercial and management review to confirm the continued intent to develop and extract the underlying resources. When management is
making this assessment, changes to project economics, quantities of resources, expected production techniques, unsuccessful drilling, and estimated production costs and capital expenditures are
important factors. If a judgment is made that extraction of the resources is not commercially viable, the associated exploration and evaluation costs are impaired and charged to net&nbsp;earnings. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><U>Development Costs</U> </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Management uses judgment to determine when Exploration and evaluation assets are reclassified to Property, plant and equipment. This
decision considers several factors, including the existence of reserves, the receipt of the appropriate approvals from regulatory bodies and the company's internal project approval processes. After an
oil and gas property is reclassified to Property, plant and equipment, all subsequent development costs are capitalized. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Impairment of Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A cash-generating unit (CGU) is the lowest grouping of integrated assets that generate identifiable cash inflows that are
largely independent of the cash inflows of other assets or groups of assets. The allocation of the company's assets into CGUs requires significant judgment with respect to the integration between
assets, the use of shared infrastructure, the existence of active markets for the company's products and the way in which management monitors operations. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of each reporting period, the company is required to identify events or conditions that indicate that the net carrying value of a CGU in the Consolidated Balance Sheets might be impaired.
If any such indication exists, the company must complete an impairment assessment for the CGU. A CGU is impaired when the net carrying value of the CGU exceeds management's estimate of the recoverable
amount of the CGU, which is the higher of the CGU's fair value less costs to sell and its value-in-use. Fair value less costs to sell is the amount obtainable from the sale of
the CGU in an arm's-length transaction between knowledgeable, willing parties, less costs of disposal. In determining fair value less costs </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>036</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=32,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=513258,FOLIO='36',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_37"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>to
sell, recent market transactions are taken into account if available; however, in the absence of such transactions, an appropriate valuation model is used. Value-in-use is
assessed using the present value of the future cash flows that the company expects to derive from the CGU. Where management determines that a CGU is
impaired, the net carrying value of the CGU is reduced to the estimated recoverable amount, with the difference reported as part of Depreciation, depletion, amortization and impairment expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Regardless
of any indication of impairment, the company must complete an annual impairment assessment for any CGU, or group of CGUs, whose net carrying value includes indefinite-life
intangible assets or an allocation of goodwill. For Suncor, this includes impairment assessments of the Oil Sands segment and the Refining and Marketing segment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
the end of each reporting period, the company must also assess if there are indicators that conditions causing a previous impairment have reversed. Where new estimates of recoverable amount exceed
net carrying value, previously recorded impairment adjustments are reversed, up to the amount of the original impairment. An impairment of goodwill cannot be reversed. As at March&nbsp;31, 2011, the
company had accumulated $114&nbsp;million of previous impairments on assets in the Exploration and Production segment. These impairments have been adjusted from amounts previously reported because
of the transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>For
Suncor, the estimated recoverable amount of a CGU is predominantly determined using discounted net future cash flow models. The key assumptions the company uses for estimating future cash flows
are future commodity prices, expected production volumes, future operating and development costs, and refining margins. The estimated useful life of the CGU, the timing of future cash flows and
discount rates are also important assumptions made by management. Changes to these assumptions will affect the recoverable amount of a CGU and may require a material impairment to the net carrying
value of that&nbsp;CGU. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company also assesses the impairment of assets when they are classified as held for sale or when they are reclassified from Exploration and evaluation assets to Property, plant and equipment in
the Consolidated Balance Sheets. Assets held for sale are measured at the lower of net carrying value and fair value less costs to sell, which in this situation may also be determined based on
expected sale proceeds when an offer has been&nbsp;received. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> IFRS Transition Exemption  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company applied an IFRS transition exemption to record certain assets at fair value less costs to sell on the date of transition.
The exemption was applied to refinery assets located in Eastern Canada and certain natural gas assets in Western Canada, and resulted in a total reduction of $906&nbsp;million in the net carrying
value of these assets. These adjustments are not impairments and cannot be reversed because they were applied as part of the IFRS transition. The company's estimates of fair value less costs to sell
for these assets required management to make judgments and use assumptions retrospective to the transition date that were similar to those described above. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Fair Value of Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>To estimate the fair value of financial instruments, the company uses quoted market prices when available, or models that use
observable market data. In addition to market information, Suncor incorporates transaction-specific details that market participants would use in a fair value measurement, including the impact of
non-performance risk. Inputs used in determining fair value are characterized using a hierarchy that prioritizes inputs depending on the degree to which they are observable. However, these
fair value estimates may not necessarily be indicative of the amounts that could be realized or settled in a current market transaction. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>037</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=33,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=180052,FOLIO='37',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_38"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Provisions for Decommissioning and Restoration Costs  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company recognizes liabilities for the future decommissioning and restoration of property, plant and equipment, including, but not
limited to, tailings ponds, producing well sites, and crude oil and natural gas processing plants. The provision for such a liability is recognized only to the extent that there is a legal obligation
associated with the retirement of an asset that the company is required to settle as a result of an existing or enacted law, statute, ordinance, written or oral contract, or by legal construction of a
contract under the doctrine of promissory estoppel. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>These
provisions are based on estimated costs, which take into account the anticipated method and extent of restoration consistent with legal requirements, technological advances and the possible
future use of the site. Since these estimates are specific to the assets involved, there are many individual judgments and assumptions underlying Suncor's total provision. Actual costs are uncertain
and estimates can vary as a result of changes to relevant laws and regulations, the emergence of new technology, operating experience and changes in prices. The expected timing of future
decommissioning and restoration activities may change due to certain factors, including oil and gas reserves life. Changes to assumptions related to future expected costs, discount rates and timing
may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>When
these provisions are initially recognized, an equal amount is capitalized as part of the cost of the associated asset and is amortized to expense over the life of the&nbsp;asset. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
fair value of these provisions is estimated by discounting the expected future cash flows using the company's credit-adjusted risk-free interest rate. In subsequent periods, the
provision is adjusted for the passage of time by charging an amount to Accretion of liabilities in Financing expenses, based on the discount&nbsp;rate. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> Other Provisions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>An onerous contract is one in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits
expected to be received under&nbsp;it. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>A
constructive obligation is one where Suncor, by an established pattern of past practice, published policies, or a sufficiently current statement, has indicated that it will accept certain
responsibilities and has created a valid expectation in other parties that it will discharge those responsibilities. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
determination of other provisions, including, but not limited to, provisions for royalty disputes, onerous contracts, litigation and constructive obligations, is a complex process that involves
judgments about the outcomes of future events, the interpretation of laws and regulations, expected future cash flows and discount&nbsp;rates. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>The
company is involved in litigation and claims in the normal course of operations. As at March&nbsp;31, 2011, management believes the result of any settlements related to such litigation or claims
would not materially affect the financial position of the&nbsp;company. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Employee Future Benefits  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company provides benefits to employees and retired employees, including pensions and other post-retirement benefits.
The obligations and costs of defined benefit pension and other post-retirement benefit plans are determined based on actuarial valuation methods and assumptions. Assumptions typically used
in determining these amounts include, as applicable, rates of employee turnover, future claim costs, discount rates, future salary and benefit levels, the return on plan assets, mortality rates and
future medical costs. The accrued net benefit liability is reported as Other long-term liabilities in the Consolidated Balance&nbsp;Sheets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
fair value of plan assets is determined using market values. The estimated rate of return on plan assets in the portfolio considers the current level of returns on fixed income assets, the
historical level of risk premium associated with other </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>038</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=34,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=855867,FOLIO='38',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_39"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=2>asset
classes and the expected future returns on all asset classes. The discount rate assumption is based on the year-end interest rates for high quality bonds that mature at times concurrent with the
company's benefit obligations. The estimated rate for compensation increases is based on management's judgment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Actuarial
valuations are subject to management's judgment. Actuarial gains and losses comprise changes to assumptions related to discount rates, expected return on plan assets and annual rates for
compensation increases. They are accounted for on a prospective basis and may have a material impact on the amounts presented. Actuarial gains and losses are recognized in Other comprehensive income
in the Consolidated Statements of Comprehensive Income in the period incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The determination of the company's income tax provision is an inherently complex process, requiring management to interpret
continually-changing regulations and to make other judgments, including those about deferred income taxes that are discussed below. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Management
believes that adequate provisions have been made for all income tax obligations, although the results of audits and reassessments and changes in the interpretations of standards may result
in a material increase or decrease in the company's assets, liabilities and net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Deferred Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>A taxable or a deductible temporary difference exists when there is a difference between the carrying value of an asset or liability
and its respective tax basis. The reversal of deductible temporary differences results in deductible amounts when determining taxable income in future periods. The reversal of taxable temporary
differences results in taxable amounts when determining taxable income of future&nbsp;periods. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Deferred
tax assets are recognized when it is considered probable that deductible temporary differences will be recovered in the foreseeable future. To the extent that future taxable income and the
application of existing tax laws in each
jurisdiction differ significantly from the company's estimate, the ability of the company to realize the deferred tax assets could be&nbsp;impacted. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Deferred
tax liabilities are recognized when there are taxable temporary differences that will reverse and result in a future outflow of funds to a taxation authority. The company records a provision
for the amount that is expected to be settled, which requires the application of judgment as to the ultimate outcome. Deferred tax liabilities could be impacted by changes in the company's estimate of
the likelihood of a future outflow, the expected settlement amount, and the tax laws in the jurisdictions in which the company operates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CHANGES IN ACCOUNTING POLICIES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor's significant accounting policies are described in note&nbsp;3 to&nbsp;the March&nbsp;31, 2011 unaudited Interim Consolidated Financial
Statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Adoption of IFRS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Effective January&nbsp;1, 2011, the company began reporting under IFRS. The accounting policies referenced above have been applied
in preparing the financial results for the three-month periods ended March&nbsp;31, 2011 and 2010, the financial results for the year ended December&nbsp;31, 2010, and the company's opening
balance sheet as at January&nbsp;1, 2010. A detailed reconciliation of amounts reported under Previous GAAP to those presented in this MD&amp;A is provided in note&nbsp;5 to&nbsp;the unaudited
Interim Consolidated Financial Statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>039</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=35,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=422345,FOLIO='39',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_40"> </A>

<P style="font-family:;"><FONT SIZE=2>The
following table provides a summary reconciliation of consolidated net earnings reported under Previous GAAP to that reported under&nbsp;IFRS: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="263" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="69" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="69" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Year ended<BR>
December&nbsp;31 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings, as reported under Previous GAAP</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;571</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments to net earnings:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 64</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provision for deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net earnings, as reported under IFRS</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>The transition to IFRS included adjustments of $1.632&nbsp;billion that decreased the carrying amount of Suncor's Property, plant and equipment as at
January&nbsp;1, 2010. Suncor applied an IFRS exemption that permitted it to revalue the amount of decommissioning and restoration costs included in the carrying value of the related assets. Suncor
also applied an IFRS exemption that permitted it to record certain assets at fair value less costs to sell on the date of transition. The increase in net earnings under IFRS, compared to Previous
GAAP, is primarily a result of applying these exemptions to decrease the company's carrying value of Property, plant and equipment, and consequently decrease subsequent depreciation of those assets
and increase any gains or decrease any losses on the disposal of those&nbsp;assets. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
transition to IFRS also required that the company adopt accounting policies that are different to those previously reported. Changes to accounting policies that may have a significant impact on
the company's net earnings or presentation of net earnings include: </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Impairment of assets&nbsp;&#150;&nbsp;Under Previous GAAP, an asset was not impaired if estimates of
its recoverable amount using undiscounted expected future cash flows exceeded its net carrying value. Under IFRS, discounted cash flows must form the estimate of recoverable amount, essentially making
it more likely that asset impairments will be&nbsp;required.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Classification of discontinued operations&nbsp;&#150;&nbsp;Under Previous GAAP, most of the
company's 2010 asset dispositions met the definition of discontinued operations, whereas under IFRS only an immaterial amount of the 2010 dispositions met the IFRS definition of discontinued
operations. As a result, the company has restated amounts previously reported and is not presenting any discontinued operations for 2010 comparative figures. The company does not expect that any of
the non-core properties it is planning to divest from its North&nbsp;American Onshore operations will meet the IFRS definition for discontinued operations. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The
company's IFRS conversion project is winding down. Comprehensive training and implementation of business process changes will continue into the second quarter of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Recently Announced Accounting Standards  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>As part of the International Accounting Standards Board (IASB) project to replace
IAS&nbsp;39&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Financial Instruments: Recognition and Measurement</I></FONT><FONT SIZE=2>, in November&nbsp;2009 the IASB issued the
first phase of IFRS&nbsp;9&nbsp;&#150;&nbsp;</FONT><FONT SIZE=2><I>Financial Instruments</I></FONT><FONT SIZE=2>, which introduces new requirements for the classification and
measurement of financial assets. The new standard was further revised in October&nbsp;2010 to include requirements regarding the classification and measurement of financial liabilities. The standard
is applicable for annual periods starting on or after January&nbsp;1, 2013. The full impact of the changes in accounting for financial instruments will not be known until the IASB project has
been&nbsp;completed. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>040</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=36,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=993709,FOLIO='40',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_41"> </A>

<P style="font-family:;"><FONT SIZE=2><B> CONTROL ENVIRONMENT  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Based on their evaluation as of March&nbsp;31, 2011, Suncor's chief executive officer and chief financial officer concluded that the company's
disclosure controls and procedures (as&nbsp;defined in Rules&nbsp;13a-15(e) and&nbsp;15d-15(e) under the United&nbsp;States Securities Exchange Act of 1934
(the&nbsp;Exchange Act)) are effective to ensure that information required to be disclosed by the company in reports that are filed or submitted to Canadian and U.S.&nbsp;securities authorities is
recorded, processed, summarized and reported within the time periods specified in Canadian and U.S.&nbsp;securities laws. In addition, as of March&nbsp;31, 2011, there were no changes in the
internal control over financial reporting (as&nbsp;defined in Exchange Act Rules&nbsp;13a-15(f)&nbsp;&#150;&nbsp;15d-15(f)) that occurred during the
three-month period ended March&nbsp;31, 2011 that have materially affected, or are reasonably likely to materially affect, the company's internal control over financial reporting. Management will
continue to periodically evaluate the company's disclosure controls and procedures and internal control over financial reporting and will make any modifications from time to time as deemed necessary. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>As
a result of political violence in Libya, Suncor is not able to monitor the status of all of its facilities, including whether certain facilities have suffered damages. Suncor has assessed and is
continually monitoring the control environment in Libya and does not consider the changes to have a material impact on the company's overall internal control over financial reporting. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company continues to integrate Petro-Canada's historical internal controls over financial reporting with its own internal controls over financial reporting. This integration will lead to changes
in these controls in future fiscal periods, but it is not yet known whether these changes will materially affect internal control over financial reporting. This integration process is expected to be
completed by the end of&nbsp;2011. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Based
on their inherent limitations, disclosure controls and procedures and internal control over financial reporting may not prevent or detect misstatements, and even those controls determined to be
effective can provide only reasonable assurance with respect to financial statement preparation and presentation. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> CORPORATE GUIDANCE  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Suncor has updated its 2011 corporate guidance that was stated in its December&nbsp;17, 2010 press release. The press release of Suncor dated
May&nbsp;3, 2011, which is also available on <U>www.sedar.com</U>, provides the updated corporate guidance and additional details describing why the guidance was revised. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B> NON-GAAP FINANCIAL MEASURES ADVISORY  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Certain financial measures in this MD&amp;A&nbsp;&#150;&nbsp;namely operating earnings, cash flow from operations, ROCE and Oil
Sands cash operating costs&nbsp;&#150;&nbsp;are not prescribed by GAAP. These non-GAAP financial measures do not have any standardized meaning and therefore are
unlikely to be comparable to similar measures presented by other companies. These non-GAAP financial measures are included because management uses the information to analyze operating
performance, leverage and liquidity. Therefore, these non-GAAP financial measures should not be considered in isolation or as a substitute for measures of performance prepared in
accordance with&nbsp;GAAP. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> Oil Sands Cash Operating Costs  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Oil Sands cash operating costs are reconciled in the Segmented Results and Analysis&nbsp;&#150;&nbsp;Oil Sands
section of this&nbsp;MD&amp;A. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>041</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=37,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=225705,FOLIO='41',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_42"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Operating Earnings  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Operating earnings is a non-GAAP measure that adjusts net earnings for significant items that are not indicative of
operating performance that management believes reduces the comparability of the underlying financial performance between periods. Management uses operating earnings to evaluate operating performance,
because management believes it provides better comparability between periods. All reconciling items are presented on an after-tax basis. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Prior
period operating earnings have been restated in this MD&amp;A. In the fourth quarter of 2010, the company reflected two one-time earnings
adjustments&nbsp;&#150;&nbsp;the modification of the bitumen valuation methodology and the gain on the redetermination of working interests in the Terra&nbsp;Nova oil
field&nbsp;&#150;&nbsp;by restating operating earnings for all relevant prior quarters. In the first quarter of 2011, three operating earnings
adjustments&nbsp;&#150;&nbsp;mark-to-market valuation of stock-based compensation, project start-up costs and costs related to the deferral
of growth projects&nbsp;&#150;&nbsp;were eliminated from the
operating earnings reconciliation due to their relatively minor impact on operating earnings in 2011 and 2010. Less significant individual gains and losses on disposal were also removed from operating
earnings reconciling items reported in prior periods. Finally, adjustments to net earnings for the transition to IFRS also had an impact on operating earnings and existing operating earnings
adjustments. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
following is a reconciliation of operating earnings as reported in the company's previous reports to operating earnings as reported in this&nbsp;MD&amp;A: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="128" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="44" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Three months ended March&nbsp;31, 2010<BR>
($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and<BR>
Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and<BR>
Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate,<BR>
Energy Trading<BR>
and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss), as previously reported&nbsp;<SUP>(1)</SUP><SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (226</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 287</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for one-time earnings effects:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Redetermination of working interests in Terra&nbsp;Nova</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Modification of the bitumen valuation methodology</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Removal of operating earnings adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Mark-to-market valuation of stock-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Costs related to deferral of growth projects</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>IFRS adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 44</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings reconciling items:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings (loss), as restated in this MD&amp;A</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 90</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 332</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 147</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (199</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 370</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) includes amounts classified as discontinued operations under Previous&nbsp;GAAP.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) as previously reported in Suncor's MD&amp;A dated May&nbsp;3, 2010. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>042</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=38,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=222039,FOLIO='42',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_43"> </A>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="128" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="47" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="44" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Year ended December&nbsp;31, 2010<BR>
($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and<BR>
Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and<BR>
Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate,<BR>
Energy Trading<BR>
and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings (loss), as previously reported&nbsp;<SUP>(1)</SUP><SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;535</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 782</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (709</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Removal of operating earnings adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Mark-to-market valuation of stock-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss/(gain) on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Costs related to deferral of growth projects</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (94</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>IFRS adjustments:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating earnings reconciling items:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on significant disposals</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Impairment and write-offs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 83</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating earnings (loss), as restated in this MD&amp;A</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;379</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;361</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 796</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (734</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;802</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) includes amounts classified as discontinued operations under Previous&nbsp;GAAP.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Operating
earnings (loss) as previously reported in Suncor's MD&amp;A dated February&nbsp;24, 2011. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Return on Capital Employed (ROCE)  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>ROCE is a non-GAAP measure that management uses to analyze operating performance, leverage and&nbsp;liquidity. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="249" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="43" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="49" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="49" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>For the twelve months ended March&nbsp;31<BR>
($&nbsp;millions, unless otherwise noted)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Adjustments to net earnings</B></FONT><FONT SIZE=2>&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;082</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;114</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Add after-tax amounts for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2> Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (308</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;173</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 300</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 361</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;074</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;302</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Capital employed&nbsp;&#150;&nbsp;beginning of twelve-month period</B></FONT><FONT SIZE=2>&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;638</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 32&nbsp;622</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;366</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 45&nbsp;933</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 23&nbsp;004</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Capital employed&nbsp;&#150;&nbsp;end of twelve-month period</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;438</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;311</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43&nbsp;838</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 45&nbsp;933</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Average capital employed</B></FONT><FONT SIZE=2>&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> B</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 45&nbsp;684</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38&nbsp;707</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>ROCE&nbsp;&#150;&nbsp;including major projects in progress</B></FONT><FONT SIZE=2> (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A/B</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8.9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3.4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Average capitalized costs related to major projects in progress</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> C</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;045</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;660</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>ROCE&nbsp;&#150;&nbsp;excluding major projects in progress</B></FONT><FONT SIZE=2> (%)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> A/(B-C)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12.5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4.8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Earnings
figures for the twelve months ended March&nbsp;31, 2010 include three months reported under IFRS and nine months reported under Previous GAAP.
See the Basis of Presentation section of this&nbsp;MD&amp;A. </FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>043</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=39,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=224514,FOLIO='43',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_44"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Financial
information as at March&nbsp;31, 2009 is presented as reported under Previous GAAP. See the Basis of Presentation section of this&nbsp;MD&amp;A.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=1>Average
capital employed is calculated as a thirteen-month average of the capital employed balance at the beginning of the twelve-month period and the
month-end capital employed balances throughout the remainder of the twelve-month period. Figures for capital employed at the beginning and end of the twelve-month period are presented to
show the changes in the components of the calculation over the twelve-month period. </FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> Cash Flow from Operations  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash flow from operations is a non-GAAP measure that adjusts a GAAP measure&nbsp;&#150;&nbsp;Cash flow provided
by operating activities&nbsp;&#150;&nbsp;for changes in non-cash working capital, which management uses to analyze operating performance and liquidity. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="134" style="font-family:;"></TD>
<TD WIDTH="2" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="23" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="23" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="5" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="21" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Oil Sands&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Exploration and Production&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:12pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Refining and<BR>
Marketing&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:4pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
&nbsp;&nbsp;Corporate,<BR>
&nbsp;&nbsp;Energy<BR>
&nbsp;&nbsp;Trading and<BR>
&nbsp;&nbsp;Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><p align=center style="font-family:;margin-left:4pt;text-indent:0pt;"><FONT SIZE=2><B> </B></FONT><FONT SIZE=1><BR>
Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 102</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 190</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 253</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 97</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 203</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 61</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (44</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of derivative contracts</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (67</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 112</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 146</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (280</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 48</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 79</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (68</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 173</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (147</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (46</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (245</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (42</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total cash flow from (used in) operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;137</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 265</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 583</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 929</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;393</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=34 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> ADVISORY&nbsp;&#150;&nbsp;FORWARD-LOOKING INFORMATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>This Management's Discussion and Analysis contains certain forward-looking statements and other information
based on Suncor's current expectations, estimates, projections and assumptions that were made by the company in light of its experience and its perception of historical trends, including: expectations
and assumptions concerning the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; capital efficiencies and cost-savings; applicable
royalty rates and tax laws; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; and the
receipt, in a timely manner, of regulatory and third-party approvals. All statements and other information that address expectations or projections about the future, and other statements and
information about Suncor's strategy for growth, expected and future expenditures, commodity prices, costs, schedules, production volumes, operating and financial results and expected impact of future
commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like "expects", "anticipates", "estimates", "plans", "scheduled",
"intends", "believes", "projects", "indicates", "could", "focus", "vision", "goal", "outlook", "proposed", "target", "objective", and similar expressions. Forward-looking statements in this
Management's Discussion and Analysis include references&nbsp;to:</I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Plans to: (i)&nbsp;bring Fort Hills and Voyageur (which are anticipated to be operated by Suncor)
on-stream by 2016; (ii)&nbsp;bring Joslyn on-stream by 2017-2018; and (iii)&nbsp;take advantage of opportunities to share resources and knowledge across the
development of these&nbsp;projects.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Planned maintenance events scheduled for: (i) the primary upgrading units in Upgrader 2&nbsp;in
the second quarter of 2011, which the company expects will reduce production volumes by approximately 215,000&nbsp;bbls/d over the duration of the event (expected to be approximately six weeks);
(ii)&nbsp;central processing facilities for both Firebag for two weeks in September, and MacKay River, for two weeks overlapping the end of the third quarter; (iii)&nbsp;six weeks in September and
October for&nbsp;Syncrude;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's preliminary assessment that the conservation areas currently proposed by the draft LARP do
not appear to overlap Suncor's leases, and that the proposed management frameworks may require Suncor to have greater participation in the evaluation of environmental
issues;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan for Terra Nova to undergo a four-week annual maintenance outage during the
third quarter of&nbsp;2011 and a 15-week dockside maintenance in 2012, which is expected to allow for the resolution of the presence of H<SUB>2</SUB>S in certain
wells;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's expectation that the fourth platform at Buzzard will be completed in the second quarter
of&nbsp;2012;</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>044</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=10,SEQ=40,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=219258,FOLIO='44',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_45"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that: (i)&nbsp;Buzzard will complete a three-week annual maintenance
program during the third quarter; and (ii)&nbsp;White Rose will complete a 16-day maintenance outage during July&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that its assets in Libya could be impaired in certain
circumstances;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Planned maintenance events at Suncor's Edmonton refinery (six-week
period);</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's belief that: (i)&nbsp;the Firebag Stage&nbsp;3 expansion will be fully operational
during the third quarter of 2011, achieving first oil by early July&nbsp;2011 and production ramping up over approximately 24&nbsp;months thereafter towards targeted capacity of
62,500&nbsp;bbls/d of bitumen; and (ii)&nbsp;production will begin at its Firebag 4&nbsp;expansion in the first quarter of&nbsp;2013, which has a planned capacity of 62,500&nbsp;bbls/d of
bitumen;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's expectations on expenditures as follows: (i)&nbsp;the Voyageur Upgrader to focus on the
remobilization of the workforce, confirmation of current design and modification of project execution plans; (ii)&nbsp;the Fort Hills project to focus on design base memorandum engineering; and
(iii)&nbsp;the Joslyn project to focus on geological, engineering, regulatory and environmental studies.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Scheduled completion by the end of 2011 of Suncor's MNU
project;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to begin drilling a production well at Terra Nova in the second quarter
of&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Anticipated first oil by the middle of 2011 at the Hibernia Southern Extension, with further capital
expenditures throughout the year directed towards development drilling and subsea infrastructure;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The plans for two to three wells to be drilled at White Rose this year, with completion of one pilot
well and production expected in the second half of&nbsp;2011, with water injection support expected to come on-stream in early 2012;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Anticipated field development decision for the Golden Eagle Area Development later
in&nbsp;2011;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's goal of continuing to focus improvement efforts on operational
integrity;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's planned divestment of further non-core North American Onshore
properties;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The belief that the company will complete both the Kent Breeze Project and the Wintering Hills
Project in 2011 and that, upon completion, Suncor's renewable energy assets will displace nearly one million tonnes of carbon&nbsp;dioxide annually;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's management's belief that Suncor will have the capital resources to fund its planned 2011
capital spending program and to meet current and long-term working capital requirements and that if additional capital is required, adequate additional financing will be available to
Suncor in the debt capital markets at commercial terms and rates;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's management's belief that a phased and flexible approach to existing and future growth
projects should assist Suncor in maintaining its ability to manage project costs and debt levels;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to invest excess cash in short-term
investments;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The objectives of Suncor's short-term investment
portfolio;</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's plan to repay $500&nbsp;million Medium Term notes due in August&nbsp;2011 and keep
short-term debt at March&nbsp;31, 2011 levels, and other investment objectives, including the company's plan to invest cash in short-term investments;
and</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's preliminary assessments around the federal budget released on
March&nbsp;22,&nbsp;2011.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas
companies and some that are unique to Suncor. Suncor's actual results may differ materially from those expressed or implied by its forward-looking statements, and information and readers are cautioned
not to place undue reliance on&nbsp;them.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>The financial and operating performance of the company's business segments, including Oil Sands, Exploration and Production, and Refining and Marketing, may be affected by a
number of factors, including, but not limited to, the&nbsp;following:</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Oil Sands segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Production reliability risk. Our ability to reliably operate our oil sands facilities in order to
meet production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to finance oil sands growth and sustaining capital expenditures in a volatile commodity
pricing environment.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Bitumen supply. The unavailability of third-party bitumen, poor ore grade quality, unplanned mine
equipment and extraction plant maintenance, tailings storage and in situ reservoir and equipment performance could impact production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Performance of recently commissioned facilities. Production rates while new equipment is being lined
out are difficult to predict and can be impacted by unplanned maintenance.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to manage production operating costs. Operating costs could be impacted by inflationary
pressures on labour, volatile pricing for natural gas used as an energy source in oil sands processes, and planned and unplanned maintenance. We continue to address these risks through strategies such
as application of technologies that help manage operational workforce demand, offsetting natural gas purchases through internal production, investigation of technologies that mitigate reliance on
natural gas as an energy source, and an increased focus on preventive maintenance.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our ability to complete projects both on time and on budget. This could be impacted by competition
from other projects (including other oil sands projects) for goods and services and demands on infrastructure in Fort McMurray and the surrounding area (including housing, roads and schools). We
continue to address these issues through a comprehensive recruitment and retention strategy, working with the community to determine infrastructure needs, designing Oil Sands expansion to reduce unit
costs, seeking strategic alliances with service providers and maintaining a strong focus on engineering, procurement and project management.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Potential changes in the demand for refinery feedstock and diesel fuel. Our strategy is to reduce
the impact of this issue by entering into long-term supply agreements with major customers, expanding our customer base and offering a variety of blends of refinery feedstock to meet
customer specifications.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Volatility in light/heavy and sweet/sour crude oil
differentials.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Logistical constraints and variability in market demand, which can impact crude movements. These
factors can be difficult to predict and&nbsp;control.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Changes to royalty and tax legislation and related agreements that could impact our business
(including our current dispute with the Alberta Department of Energy in respect of the Bitumen Valuation Methodology Regulation). While fiscal regimes in Alberta and Canada are generally stable
relative to many global jurisdictions, royalty and tax treatments are subject to periodic review, the outcome of which is not predictable and could result in changes to the company's planned
investments and lower rates of return on existing investments.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationship with our trade unions. Work disruptions have the potential to adversely affect Oil
Sands operations and growth projects.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Environmental initiatives. On April&nbsp;5, 2011, the Government of Alberta issued its draft Lower
Athabasca Regional Plan implementing the Land-Use Framework under the Alberta Land Stewardship Act. The plan identifies new conservation areas, as well as management frameworks for air,  </I></FONT></DD></DL>
<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>045</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=11,SEQ=41,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=117322,FOLIO='45',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_di14301_1_46"> </A>
<UL>

<P style="font-family:;"><FONT SIZE=1><I> surface water and groundwater quality. The proposed legislation may require Suncor to have greater participation in the evaluation of environmental issues and could result in Suncor having to
relinquish certain of its&nbsp;leases.</I></FONT></P>

</UL>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Exploration and Production segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Volatility in crude oil and natural gas prices.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risk associated with a depressed market for asset sales, leading to losses
on&nbsp;disposition.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>The accessibility and cost of mineral rights. Market demand influences the cost and available
opportunities for mineral leases and acquisitions.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with weather conditions, which can shorten the winter drilling
season and impact the spring and summer drilling program, which may result in increased costs and/or delays in bringing on new&nbsp;production.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with international and offshore operations normally inherent in
such activities such as drilling, operation and development of such properties, including unexpected formations or pressures, premature declines of reservoirs, fires, blow-outs, equipment
failures and other accidents, uncontrollable flows of crude oil, natural gas or well fluids, pollution and other environmental risks.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Performance after completion of maintenance is not predictable and can significantly impact
production rates.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with consulting with stakeholders and obtaining regulatory
approval for exploration and development activities.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Risks and uncertainties associated with weather conditions, which may result in increased costs
and/or delays in exploration, operations or abandonment activities.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Suncor's foreign operations and related assets are subject to a number of political, economic and
socio-economic risks. Suncor's operations in Syria may be constrained by political unrest. Suncor's operations have been suspended due to political violence in
Libya.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationships with trade unions. In the first quarter of 2011, the company negotiated a
collective agreement with union leadership at Terra&nbsp;Nova. The agreement has not been ratified by the union leadership.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Factors that affect our Refining and Marketing segment:  </I></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Production reliability risk. Our ability to reliably operate our refining and marketing facilities
in order to meet production targets.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Management expects that fluctuations in demand and supply for refined products, margin and price
volatility, and market competition, including potential new market entrants, will continue to impact the business environment.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>There are certain risks associated with the execution of capital projects, including the risk of
cost overruns. Numerous risks and uncertainties can affect construction schedules, including the availability of labour and other impacts of competing projects drawing on the same resources during the
same time&nbsp;period.</I></FONT><FONT SIZE=1>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-9pt;'><FONT SIZE=1>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=1><I>Our relationship with our trade unions. Hourly employees at our Edmonton refinery, our Sarnia
refinery, our Commerce City refinery, our Montreal refinery, certain of our lubricants operations, certain of our terminalling operations and at Sun-Canadian Pipeline Company Limited are
represented by labour unions or employee associations. Any work interruptions involving our employees, and/or contract trades utilized in our projects or operations, could have a material adverse
effect on our business, financial condition, results of operations and cash&nbsp;flow.</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=1><I>Additional Risks, Uncertainties and Other Factors  </I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Additional risks, uncertainties and other factors that could influence the actual results of all of Suncor's business segments
include, but are not limited to, market instability affecting Suncor's ability to borrow in the capital debt markets at acceptable rates; consistently and competitively finding and developing reserves
that can be brought on-stream economically; success of hedging strategies; maintaining a desirable debt to cash flow ratio; changes in the general economic, market and business conditions;
our ability to finance capital investment to replace reserves or increase processing capacity in a volatile commodity pricing and credit environment; fluctuations in supply and demand for Suncor's
products; commodity prices, interest rates and currency exchange; volatility in natural gas and liquids prices is not predictable and can significantly impact revenues; Suncor's ability to respond to
changing markets and to receive timely regulatory approvals; the successful and timely implementation of capital projects, including growth projects and regulatory projects; risks and uncertainties
associated with consulting with stakeholders and obtaining regulatory approval for exploration and development activities in Suncor's operating areas (these risks could increase costs and/or cause
delays to or cancellation of projects); effective execution of planned turnarounds; the accuracy of cost estimates, some of which are provided at the conceptual or other preliminary stage of projects
and prior to commencement or conception of the detailed engineering needed to reduce the margin of error and increase the level of accuracy; the integrity and reliability of Suncor's capital assets;
the cumulative impact of other resource development; the cost of compliance with current and future environmental laws; the accuracy of Suncor's reserves, resources and future production estimates and
its success at exploration and development drilling and related activities; the maintenance of satisfactory relationships with unions, employee associations and joint venture partners; competitive
actions of other companies, including increased competition from other oil and gas companies or from companies that provide alternative sources of energy; labour and material shortages; uncertainties
resulting from potential delays or changes in plans with respect to projects or capital expenditures; actions by governmental authorities, including the imposition of taxes or changes to fees and
royalties, changes in environmental and other regulations (for&nbsp;example, our negotiations with the Alberta Department of Energy in respect of the Bitumen Valuation Methodology Regulation and the
Government of Canada's current review of greenhouse gas emissions regulations); the ability and willingness of parties with whom we have material relationships to perform their obligations to us
(including in respect of any planned divestitures); risks and uncertainties associated with the ability of closing conditions to be met with respect to the sale of any of Suncor's assets, the timing
of closing and the consideration to be received with respect to the planned sale of any of Suncor's assets, including the ability of counterparties to comply with their obligations in a timely manner
and the receipt of any required regulatory or other third-party approvals outside of Suncor's control; the occurrence of unexpected events such as fires, blow-outs, freeze-ups, equipment
failures and other similar events affecting Suncor or other parties whose operations or assets directly or indirectly affect Suncor; failure to realize anticipated synergies or cost-savings; risks
regarding the integration of Suncor and Petro-Canada after the merger; and incorrect assessments of the values of Petro-Canada. The foregoing important factors are
not&nbsp;exhaustive.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1><I>Many of these risk factors and other assumptions related to Suncor's forward-looking statements and information are discussed in further detail throughout this Management's
Discussion and Analysis, including under the heading Risk Factors and its 2010 AIF/Form&nbsp;40-F on file with Canadian securities commissions at www.sedar.com and the
United&nbsp;States Securities and Exchange Commission (SEC) at www.sec.gov. Readers are also referred to the risk factors and assumptions described in other documents that Suncor files from time to
time with securities regulatory authorities. Copies of these documents are available without charge from the&nbsp;company.</I></FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>046</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=12,SEQ=42,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3",CHK=252255,FOLIO='46',FILE='DISK127:[11ZBF1.11ZBF14301]DI14301A.;42',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_3">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_me14303_1">EXHIBIT 99.2 Management's Discussion and Analysis for the First Quarter Ended March 31, 2011</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="3" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>a2203808zex-99_3.htm
<DESCRIPTION>EX-99.3
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_4">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mg14303_exhibit_99.3_unaudited_interim__exh03707"> </A>
<A NAME="toc_mg14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT 99.3<BR>  <BR>    Unaudited Interim Consolidated Financial Statements for the First Quarter Ended<BR>  March&nbsp;31,&nbsp;2011    <BR>    </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=7476,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MG14303A.;4',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fc14301_1_47"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Consolidated Statements of Comprehensive Income<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="341" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="24" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="36" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties </FONT><FONT SIZE=1>(note&nbsp;7)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 68</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;807</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general </FONT><FONT SIZE=1>(note&nbsp;8)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income) </FONT><FONT SIZE=1>(note&nbsp;9)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;799</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT><FONT SIZE=1>(note&nbsp;13)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 416</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Income (Loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (375</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial gain (loss) on employee retirement benefit plans, net of income taxes of $4 (2010&nbsp;&#150;&nbsp;$29)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Income (Loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (515</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B><BR>
1&nbsp;097</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><BR>
264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:11pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings per Common Share</B></FONT><FONT SIZE=2> (dollars) </FONT><FONT SIZE=1>(note&nbsp;10)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Basic</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Diluted</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash dividends</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.10</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>047</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=133957,FOLIO='47',FILE='DISK127:[11ZBF1.11ZBF14301]FC14301A.;12',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fc14301_1_48"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Balance Sheets<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="261" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>January&nbsp;1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;828</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;948</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 720</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 12&nbsp;961</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale </FONT><FONT SIZE=1>(note&nbsp;11)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 13&nbsp;055</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;967</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 48&nbsp;632</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49&nbsp;958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51&nbsp;556</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4&nbsp;496</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 273</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets </FONT><FONT SIZE=1>(note&nbsp;12)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;144</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 514</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;775</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;524</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;796</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 984</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;379</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;482</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale </FONT><FONT SIZE=1>(note&nbsp;11)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 10&nbsp;414</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;068</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 9&nbsp;637</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;679</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;000</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;050</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;532</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;504</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 8&nbsp;660</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=14 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>048</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=3,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=391712,FOLIO='48',FILE='DISK127:[11ZBF1.11ZBF14301]FC14301B.;11',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fe14301_1_49"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Consolidated Statements of Cash Flows<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Operating Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Adjustments for:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt </FONT><FONT SIZE=1>(note&nbsp;9)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Change in fair value of derivative contracts</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (55</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (80</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 173</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (75</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (245</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (42</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Decrease (increase) in non-cash working capital</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 125</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (858</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by operating activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;518</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Investing Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Capital and exploration expenditures</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;602</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other investments</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 5</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Proceeds from disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;690</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 942</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by (used in) investing activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;093</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (179</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Financing Activities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net change in short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;232</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net change in long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 146</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issuance of common shares under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 168</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash flow provided by (used in) financing activities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (1&nbsp;221</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Increase in Cash and Cash Equivalents</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;390</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 100</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Effect of foreign exchange on cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (2</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents at beginning of period</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;077</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Cash and Cash Equivalents at End of Period</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;465</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Supplementary Cash Flow Information</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest paid</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 101</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 92</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes paid</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 308</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 231</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>049</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=4,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=771555,FOLIO='49',FILE='DISK127:[11ZBF1.11ZBF14301]FE14301A.;16',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fe14301_1_50"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Consolidated Statements of Changes in Shareholders' Equity<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="118" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="3" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="1" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Share<BR>
Capital</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Contributed<BR>
Surplus</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Foreign<BR>
Currency<BR>
Translation</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Cash Flow<BR>
Hedge</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Retained<BR>
Earnings</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Number of<BR>
Common<BR>
Shares<BR>
(thousands)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At January&nbsp;1, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;053</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 536</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;881</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;559&nbsp;778</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on employee retirement benefit plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total comprehensive income (loss)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 695</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under dividend reinvestment plan</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 96</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based payment expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At March&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;076</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 542</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12&nbsp;420</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;561&nbsp;104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20&nbsp;188</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 507</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;565&nbsp;489</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial gain on employee retirement benefit plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total comprehensive income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 51</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;097</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dividends paid on common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (153</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under share option plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 262</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (41</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 221</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 7&nbsp;405</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Issued under dividend reinvestment plan</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 99</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based payment expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 43</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>At March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 20&nbsp;454</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 509</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 14</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 15&nbsp;823</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 36&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;572&nbsp;993</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"> &nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:;">&nbsp;</TD>
<TD ALIGN="RIGHT" style="font-family:;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>See accompanying notes to the interim consolidated financial statements. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>050</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=5,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=637014,FOLIO='50',FILE='DISK127:[11ZBF1.11ZBF14301]FE14301B.;20',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fk14301_1_51"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </B></FONT><FONT SIZE=2><B> NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<BR>  </B></FONT><FONT SIZE=1>(unaudited) </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 1.&nbsp;REPORTING ENTITY AND DESCRIPTION OF THE BUSINESS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Suncor
Energy&nbsp;Inc. (Suncor or the company) is an integrated energy company headquartered in Canada. Suncor's operations include oil sands development and upgrading, onshore and offshore oil and
gas production, petroleum refining and product marketing primarily under the Petro-Canada brand. The consolidated financial statements of the company comprise the company and its subsidiaries and the
company's interests in associates and jointly controlled entities. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
address of the company's registered office is 150&nbsp;-&nbsp;6th&nbsp;Avenue S.W., Calgary, Alberta, Canada, T2P&nbsp;3E3. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 2.&nbsp;BASIS OF PREPARATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(a)&nbsp;&nbsp;Statement of Compliance  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>These condensed consolidated interim financial statements have been prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically
International Accounting Standard 34 </FONT><FONT SIZE=1><I>Interim Financial Reporting</I></FONT><FONT SIZE=1> within Part&nbsp;1 of the Canadian Institute of Chartered Accountants (CICA) Handbook.
They are condensed as they do not include all of the information required for full annual financial statements, and they should be read in conjunction with the consolidated financial statements of the
company as at and for the year ended December&nbsp;31,&nbsp;2010. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>These
are the company's first consolidated financial statements prepared in accordance with International Financial Reporting Standards (IFRS), and IFRS&nbsp;1 </FONT> <FONT SIZE=1><I>First-Time Adoption of International Financial Reporting
Standards</I></FONT><FONT SIZE=1> (IFRS&nbsp;1) has been applied. In previous years, the company prepared
its consolidated financial statements in accordance with Canadian generally accepted accounting principles in effect prior to January&nbsp;1, 2011 (Previous GAAP). Comparative information has been
restated from Previous GAAP to IFRS. The impact of the transition to IFRS on the company's previously reported financial statements is presented in note&nbsp;5. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
policies applied in these condensed interim consolidated financial statements are based on IFRS issued and outstanding as of May&nbsp;2, 2011, the date the Board of Directors approved the
statements. Any subsequent changes to IFRS that are given effect in the company's annual consolidated financial statements for the year ending December&nbsp;31, 2011 could result in restatement of
these interim consolidated financial statements, including the adjustments recognized on transition to&nbsp;IFRS. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(b)&nbsp;&nbsp;Basis of Measurement  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The consolidated financial statements are prepared on a historical cost basis except as detailed in the company's accounting policies disclosed in note&nbsp;3. The accounting
policies described in note&nbsp;3 have been applied consistently to all periods presented in these financial statements except for the opening IFRS consolidated balance sheet, which has utilized
certain exemptions available under IFRS&nbsp;1. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(c)&nbsp;&nbsp;Functional Currency  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>These consolidated financial statements are presented in Canadian dollars (Cdn$), which is the company's functional currency. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(d)&nbsp;&nbsp;Use of Estimates and Judgment  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The timely preparation of financial statements requires that management make estimates and assumptions and use judgment regarding assets, liabilities, revenues and expenses.
Such estimates primarily relate to unsettled transactions and events as at the date of the financial statements. Accordingly, actual results may differ from estimated amounts as future confirming
events occur. Significant estimates and judgment used in the preparation of the financial statements are described in note&nbsp;4. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>051</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=6,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=397184,FOLIO='51',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_52"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 3.&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(a)&nbsp;&nbsp;Principles of Consolidation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company consolidates its interest in entities in which it controls. Control comprises the power to govern an entity's financial and operating policies so as to obtain
benefits from its activities. Suncor recognizes its share of assets, liabilities, income and expenses, on a line-by-line basis, of its jointly controlled entities and jointly
controlled assets. Investments in entities over which the company has significant influence are accounted for using the equity method. All intercompany balances and transactions have been eliminated. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(b)&nbsp;&nbsp;Foreign Currency Translation  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Functional currencies of the company's individual entities represent the currency of the primary economic environment in which the entity operates. Transactions in foreign
currencies are translated to the appropriate functional currency at foreign exchange rates that approximate those on the date of transaction. Monetary assets and liabilities denominated in foreign
currencies are translated to the appropriate functional currency at foreign exchange rates at the balance sheet date. Foreign exchange differences arising on translation are recognized in earnings.
Non-monetary assets that are measured in a foreign currency at historical cost are translated using the exchange rate at the date of the transaction. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>In
preparing the company's consolidated financial statements, the financial statements of each entity are translated into Canadian dollars. The assets and liabilities of foreign operations are
translated into Canadian dollars at exchange rates at the balance sheet date. Revenues and expenses of foreign operations are translated into Canadian dollars using foreign exchange rates that
approximate those on the date of the underlying transaction. Foreign exchange differences are recognized in other comprehensive income. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>If
an entity disposes of its entire interest in a foreign operation, or loses control, joint control, or significant influence over a foreign operation, the accumulated foreign currency translation
gains or losses related to the foreign operation are recognized in net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(c)&nbsp;&nbsp;Revenues  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Revenue from the sale of crude oil, natural gas, natural gas liquids, purchased products and refined petroleum products is recorded when title passes to the customer and
collection is reasonably assured. Revenue from properties in which the company has an interest with other producers is recognized on the basis of the company's net working interest. Crude oil and
natural gas sold below or above the company's working interest share of production results in production underlifts or overlifts. Underlifts are recorded as a receivable at market value with a
corresponding increase to revenues while overlifts are recorded as a payable at market value with a corresponding decrease to revenues. Revenue from oil and natural gas production is recorded net of
royalty obligations. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>International
operations conducted pursuant to exploration and production sharing agreements (EPSAs) are reflected in the consolidated financial statements based on the company's working interest.
Under the EPSAs, the company and other non-governmental partners, if any, pay all exploration costs and a pro-rata share of costs to develop and operate the concessions. Each
EPSA establishes specific terms for the company to recover these costs (Cost Recovery Oil) and to share in the production profits (Profit Oil). Cost Recovery Oil is determined in accordance with a
formula that is generally limited to a specified percentage of production during each fiscal year. Profit Oil is that portion of production remaining after deducting Cost Recovery Oil and is shared
between the joint venture partners and the respective government. Cost Recovery Oil, Profit Oil and amounts in respect of all income taxes payable by the company under the laws of the respective
country are reported as sales revenue. All other government stakes, other than income taxes, are considered to be royalty interests. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Physical
and financial contracts entered into for trading purposes are considered to be derivative financial instruments, and any changes in fair value are recorded on a net basis in Energy Supply and
Trading Activity Income. Settlement of physical purchase </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>052</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=7,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=820307,FOLIO='52',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_53"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>and
sales contracts entered into for the company's own usage are recorded on a gross basis in Energy Supply and Trading Activity Income and Energy Supply and Trading Activity Expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(d)&nbsp;&nbsp;Cash and Cash Equivalents  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Cash and cash equivalents consist primarily of cash in banks, term deposits, certificates of deposit and all other highly liquid investments with a maturity of three months or
less at the time of&nbsp;purchase. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(e)&nbsp;&nbsp;Inventories  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Inventories of crude oil and refined products, other than inventories held for trading purposes, are valued at the lower of cost, using the first-in,
first-out method, and net realizable value. Costs include direct and indirect expenditures incurred in bringing an item or product to its existing condition and location. Materials and
supplies are valued at the lower of average cost and net realizable value. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Inventories
held for trading purposes in the company's energy supply and trading operations are carried at fair value less costs to sell, and any changes in fair value are recognized within Energy
Supply and Trading Activity Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(f)&nbsp;&nbsp;Exploration and Evaluation Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The costs to acquire non-producing oil and gas properties or licenses to explore, exploratory well expenditures and the costs to evaluate the commercial potential of
underlying resources, including related borrowing costs, are initially capitalized as Exploration and Evaluation assets. Certain exploration costs, including geological, geophysical, seismic, and
sampling on oil sands properties, are charged to Exploration expense as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Exploration
and evaluation assets are subject to technical, commercial and management review to confirm the continued intent to develop and extract the underlying resources. If an area or exploration
well is no longer considered commercially viable, the related capitalized costs are charged to net earnings. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>When
management determines with reasonable certainty that an exploration and evaluation asset will be developed, as evidenced by the classification of proved or probable reserves and the appropriate
internal and external approvals, the asset is transferred to Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(g)&nbsp;&nbsp;Property, Plant and Equipment  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Property, plant and equipment are recorded at cost. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
costs to acquire developed or producing oil and gas properties and to develop oil and gas properties, including completing geological and geophysical surveys and drilling development wells, and
the costs to construct and install dedicated infrastructure, such as wellhead equipment and supporting assets, mine development, offshore platforms and subsea structures, are capitalized as oil and
gas properties within Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
costs to construct, install and commission, or acquire, oil and gas production equipment, including oil sands upgraders, extraction plants, mine equipment, in situ processing facilities, power
generation, utility plants, and natural gas processing plants, and all renewable energy, refining, distribution, marketing assets and related decommissioning and restoration obligations, are
capitalized as Property, Plant and Equipment. Where an asset or part of an asset that was separately depreciated is replaced and it is probable that future economic benefits associated with the item
will flow to the company, the expenditure is capitalized and the carrying amount of the replaced asset is derecognized. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Stripping
activity required to access oil sands mining resources incurred in the initial development phase are capitalized as part of the investment in the construction cost of the mine. Stripping
costs incurred in the production phase are charged to expense as they relate to production for the&nbsp;period. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>053</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=8,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=714201,FOLIO='53',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_54"> </A>

<P style="font-family:;"><FONT SIZE=1>The
costs of major inspection, overhaul and turnaround activities that maintain property, plant and equipment and benefit future years of operations are capitalized. Similar recurring planned
maintenance managed on shorter intervals are expensed as operating costs. Replacements outside of a major inspection, overhaul or turnaround are capitalized when it is probable that future economic
benefits will flow to the company and the associated carrying amount of the replaced asset is derecognized. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Leases
that transfer substantially all the benefits and risks of ownership to the company are recorded as finance lease assets within Property, Plant and Equipment. Costs for all other leases are
recorded as operating expense as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Borrowing
costs relating to qualifying assets are capitalized as part of Property, Plant and Equipment. Capitalization of borrowing costs ceases when the asset is in the location and condition
necessary for it to be capable of operating as intended. Capitalization of borrowing costs is suspended when construction of an asset is ceased for extended periods. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(h)&nbsp;&nbsp;Depreciation, Depletion and Amortization  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Exploration and evaluation assets are not subject to depreciation, depletion and amortization, with the exception of leases acquired for conventional oil and gas operations.
Once transferred to Property, Plant and Equipment, these costs are depleted on a unit-of-production basis. Property acquisition costs are depleted over proved reserves, while
all other exploration and evaluation costs are depleted over proved developed reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Capital
expenditures associated with significant development projects are not depleted until assets are substantially complete and ready for their intended&nbsp;use. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Costs
to develop oil and gas properties, and costs of dedicated infrastructure, such as wellhead equipment, offshore platforms and subsea structures, are depleted on a
unit-of-production basis over proved developed reserves. A portion of these costs may not be depleted if they relate to undeveloped reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Major
components of Property, Plant and Equipment are depreciated on a straight-line basis over their expected useful&nbsp;lives. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="197" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="52" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="123" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Natural gas processing plants and transportation assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1> 15 to 25&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands upgraders, extraction plants and mine facilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands mine equipment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 5 to 15&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil sands in situ processing facilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 30&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Power generation and utility plants</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Refineries, ethanol and lubricants plants</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-top:10pt;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Marketing and other distribution assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><p align=left style="font-family:;margin-top:10pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1> 20 to 40&nbsp;years</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>The costs of major inspection, overhaul and turnaround activities that are capitalized are depreciated on a straight-line basis over the period to
the next recurrence of that set of activities, which varies from two to five&nbsp;years. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Depreciation,
depletion and amortization rates are reviewed, at least annually, or when events or conditions occur that impact capitalized costs, reserves or estimated service&nbsp;lives. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(i)&nbsp;&nbsp;Goodwill and Intangible Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Intangible assets, other than goodwill, include acquired customer lists and brand value. Brand value and goodwill have indefinite useful lives and are not subject to
amortization, while customer lists are amortized over their expected useful lives, which range from five to 10&nbsp;years. Expected useful lives of intangible assets are reviewed on an
annual&nbsp;basis. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Acquisitions
are accounted for using the purchase method, whereby the purchase consideration of the business combination is allocated to the identifiable assets, liabilities and contingent liabilities
on the basis of fair value as of the date of acquisition. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>054</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=9,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=229506,FOLIO='54',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_55"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>Goodwill
is calculated as the excess of the purchase price over the fair value and is allocated to the group of cash-generating units (CGU) that is expected to benefit from the synergies
of the combination. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(j)&nbsp;&nbsp;Impairment of Assets  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Non-Financial Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Goodwill and intangible assets that have an indefinite useful life are tested annually for impairment. Indefinite and definite lived
assets are tested for impairment whenever events or changes in circumstance indicate that the carrying amount may not be recoverable. Exploration and evaluation assets are tested for impairment
immediately prior to costs being transferred to Property, Plant and&nbsp;Equipment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>For
the purposes of assessing impairment, assets are grouped into CGU's, defined as the lowest levels for which there are separately identifiable cash inflows. An impairment loss is recognized in
Depreciation, Depletion, Amortization and Impairment for the amount by which the carrying amount of the individual asset or CGU exceeds its recoverable amount. The recoverable amount is the higher of
the fair value less costs to sell and value-in-use. In determining fair value less costs to sell, recent market transactions are taken into account, if available. In the
absence of such transactions, an appropriate valuation model is used. Value-in-use is assessed using the present value of the expected future cash flows of the relevant asset
or CGU. Exploration and evaluation assets are tested with the producing CGU for which the activity can be attributed or separately where a producing CGU does not exist for the exploration and
evaluation activity. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Impairments
are reversed for all CGUs and individual assets, other than goodwill, to the extent that events or circumstances give rise to changes in the estimate of recoverable amount since the period
the impairment was recorded. Impairment reversals are recognized within Depreciation, Depletion, Amortization and Impairment. </FONT></P>


<P style="font-family:;"><FONT SIZE=2><B><I> Financial Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>At each reporting date, the company assesses whether there is objective evidence that a financial asset is impaired. If a financial
asset carried at amortized cost is impaired, the amount of the loss is measured as the difference between the amortized cost of the loan or receivable and the present value of the estimated future
cash flows, discounted using the instrument's original effective interest rate. The loss is recognized in Depreciation, Depletion, Amortization and Impairment. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(k)&nbsp;&nbsp;Assets Held For Sale  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Assets and liabilities are classified as held for sale if their carrying amounts are expected to be recovered through a disposition rather than through continuing use. The
assets or disposal groups are measured at the lower of their carrying amount and fair value less costs to sell. Impairment losses on initial classification as held for sale and subsequent gains or
losses on remeasurement are recognized in Loss (Gain) on Disposal of Assets. Assets classified as held for sale are not depreciated, depleted or&nbsp;amortized. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(l)&nbsp;&nbsp;Provisions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Provisions are recognized by the company when it has a legal or constructive obligation as a result of past events, it is probable that an outflow of economic resources will be
required to settle the obligation and a reliable estimate can be made of the amount of the&nbsp;obligation. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>Provisions
are recognized for decommissioning and restoration obligations associated with the company's exploration and evaluation assets and property, plant and equipment. The best estimate of the
decommissioning and restoration provision is recorded on a discounted basis using the credit-adjusted risk-free interest rate. The value of the obligation is added to the carrying amount
of the associated property, plant and equipment asset and amortized over the useful life of the asset. The provision is accreted over time through charges to Financing Expenses with actual
expenditures charged against the accumulated obligation. Changes in the future cash flow estimates resulting from revisions to the estimated timing or amount of undiscounted cash flows are recognized
as a change in the decommissioning and restoration provision and related&nbsp;asset. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>055</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=10,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=386665,FOLIO='55',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_56"> </A>

<P style="font-family:;"><FONT SIZE=1><B>(m)&nbsp;&nbsp;Income Taxes  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company follows the liability method of accounting for income taxes whereby deferred income taxes are recorded for the effect of differences between the accounting and
income tax basis of an asset or liability. Deferred income tax assets and liabilities are measured using enacted or substantively enacted income tax rates at the balance sheet date that are
anticipated to apply to taxable income in the years in which temporary differences are anticipated to be recovered or settled. Changes to these balances are recognized in income in the period during
which they occur. Investment tax credits are recorded as an offset to the related expenditures. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(n)&nbsp;&nbsp;Pensions and Other Post-Retirement Benefits  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company sponsors defined benefit pension plans (DB&nbsp;Plans), defined contribution pension plans (DC&nbsp;Plans) and other post-retirement benefits.
Company contributions to the DC Plans are expensed as incurred. The cost of the DB Plans and other post-retirement benefits received by employees is actuarially determined separately for
each plan using the projected unit credit method based on present pay levels and management's best estimates of demographic and financial assumptions, and such cost is pro-rated based on
service. Actuarial gains and losses are recognized in Other Comprehensive Income and transferred directly to Retained Earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>The
defined benefit pension plan surplus or deficit in the balance sheet comprises the total for each plan of the present value of the defined benefit obligation, less the fair value of plan assets
out of which the obligations are to be settled directly. When the calculation results in a benefit to the company, the recognized asset is limited to the total of unrecognized past service costs and
the present value of refunds from, and reductions, in future contributions to the plan. The fair value of plan assets is determined using market&nbsp;values. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Past
service costs are recognized on a straight-line basis over the post-retirement benefits vesting&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(o)&nbsp;&nbsp;Share-Based Compensation Plans  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Under the company's share-based compensation plans, share-based awards are granted to executives, employees and non-employee directors. Compensation expense is
recorded to Operating, Selling and General expense. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>For
common share options, the expense is based on the fair value of the options at the time of grant and is recognized as an expense over the vesting periods of the respective options. A corresponding
increase is recorded to Contributed Surplus in Shareholders' Equity. Consideration paid to the company on exercise of options is credited to Share Capital in Shareholders' Equity. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Share-based
compensation awards that settle in cash or have the option to settle in cash or shares are measured at fair value each reporting period and recognized as an expense over the vesting
period, with a corresponding adjustment to liabilities. When awards are surrendered for cash, the cash settlement paid reduces the outstanding liability. When awards are exercised for common shares,
consideration paid by the holder and the previously recognized liability associated with the options are recorded to Share Capital in Shareholders' Equity. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(p)&nbsp;&nbsp;Financial Instruments  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>All financial instruments are initially recognized at fair value on the balance sheet. Subsequent measurement of financial instruments is based on their classification.
Financial assets are classified as either fair value through profit and loss, loans and receivables, held-to-maturity and available for sale. Financial liabilities are
classified as either fair value
through profit and loss or other financial liabilities. Transaction costs are included in the initial carrying amount of financial instruments except for fair value through profit and loss items, in
which case they are expensed as&nbsp;incurred. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Financial
assets and liabilities are classified as fair value through profit and loss if they are held for trading or are designated as such upon initial recognition. This category of financial
instruments includes derivative financial assets and liabilities other than those designated as effective hedging instruments. Derivative financial instruments are used by the company to manage
certain </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>056</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=11,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=283514,FOLIO='56',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_57"> </A>
<BR>

<P style="font-family:;"><FONT SIZE=1>exposures
to fluctuations in interest rates, commodity prices and foreign exchange rates, and for trading purposes. Changes in fair value of these financial instruments are recognized in Interest and
Other Income and Energy Supply and Trading Activity Income. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Financial
assets classified as loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. The
held-to-maturity classification consists of non-derivative financial assets that the company has the intent and ability to hold until maturity. Financial
liabilities classified as other financial liabilities consist of liabilities not classified as fair value through profit and loss. Financial instruments classified as
held-to-maturity, loans and receivables and other financial liabilities are measured at amortized cost using the effective interest rate&nbsp;method. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Derivatives
embedded in other financial instruments or other host contracts are recorded as separate derivatives when their risks and characteristics are not closely related to those of the host
contract. Embedded derivatives are measured at fair value at each balance sheet date and changes in the fair value are recognized in&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Physical
commodity contracts considered to be derivative financial instruments are classified as fair value through profit and loss financial instruments and recognized on a net basis in Energy Supply
and Trading Activity Income. Physical commodity contracts entered into for the purpose of receipt or delivery in accordance with the company's expected purchase, sale or usage requirements are not
considered to be derivative financial instruments. Such contracts are recognized on a gross basis when the associated volumes are delivered in Energy Supply and Trading Activity Income and Energy
Supply and Trading Activity Expenses. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(q)&nbsp;&nbsp;Hedging Activities  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company may apply hedge accounting to arrangements that qualify for hedge accounting treatment, which include fair value and cash flow hedges. Documentation is prepared at
the inception of a hedge relationship in order to qualify for hedge accounting. Designated hedges are assessed at each reporting date to determine if the relationship between the derivative and the
underlying hedged exposure is still effective and to quantify any ineffectiveness in the relationship. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>If
the derivative is designated as a fair value hedge, changes in the fair value of the derivative and changes in the fair value of the hedged item attributable to the hedged risk are recognized in
earnings. If the derivative is designated as a cash flow hedge, the effective portions of the changes in fair value of the derivative are initially recorded in Other Comprehensive Income and are
recognized in earnings when the hedged item is realized. Ineffective portions of changes in the fair value of cash flow hedges are recognized in earnings immediately. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(r)&nbsp;&nbsp;Share Capital  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Common shares are classified as equity. Incremental costs directly attributable to the issue of common shares and share options are recognized as a deduction from equity, net of
any tax&nbsp;effects. </FONT></P>

<P style="font-family:;"><FONT SIZE=1><B>(s)&nbsp;&nbsp;Dividend Distributions  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Dividends on common shares are recognized in the period in which the dividends are approved by the company's Board of&nbsp;Directors. </FONT></P>


<P style="font-family:;"><FONT SIZE=1><B>(t)&nbsp;&nbsp;Earnings per Share  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Basic earnings per share is calculated by dividing the Net Earnings (Loss) for the period by the weighted-average number of common shares outstanding during the&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Diluted
earnings per share is calculated by adjusting the weighted-average number of common shares outstanding for dilutive common shares related to the company's share-based compensation plans. The
number of shares included is computed using the treasury stock method. For share-based compensation plans that may be settled in ordinary shares or cash at the holder's option, the more dilutive of
cash settlement and share settlement is used in calculating diluted earnings per&nbsp;share. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>057</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=12,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=891134,FOLIO='57',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_58"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 4.&nbsp;SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Oil and Gas Reserves and Resources  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Certain depletion, depreciation, impairment and decommissioning and restoration charges are measured based on the company's estimate
of oil and gas reserves and resources. The estimation of reserves and resources is an inherently complex process and involves the exercise of professional judgment. Reserves and resources have been
evaluated at December&nbsp;31, 2010 by independent petroleum consultants in accordance with National Instrument&nbsp;51-101 </FONT><FONT SIZE=1><I>Standards of Disclosure for Oil and
Gas Activities</I></FONT><FONT SIZE=1>. The reserves and resources estimates are based on the definitions and guidelines contained in the Canadian Oil and Gas Evaluation Handbook. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Oil
and gas reserves and resources estimates are based on a range of geological, technical and economic factors, including projected future rates of production, estimated commodity prices, engineering
data, and the timing and amount of future expenditures, all of which are subject to uncertainty. Assumptions reflect market and regulatory conditions existing at December&nbsp;31, 2010, which could
differ significantly from other points in time throughout the year, or future periods. Changes in market and regulatory conditions and assumptions can materially impact the estimation of
net&nbsp;reserves. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Exploration and Evaluation Costs  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Certain exploration and evaluation costs are initially capitalized with the intent to establish commercially viable reserves. The
company is required to make estimates and judgment about future events and circumstances regarding the economic viability of extracting the underlying resources. The costs are subject to technical,
commercial and management review to confirm the continued intent to develop and extract the underlying resources. Unsuccessful drilling, or changes to project economics, resource quantities, expected
production techniques, production costs and required capital expenditures, are important factors when making this determination. If a judgment is made that the extraction of resources is not viable,
the associated exploration and evaluation costs are impaired and charged to net&nbsp;earnings. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Decommissioning and Restoration Costs  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>The company recognizes liabilities for the future decommissioning and restoration of property, plant and equipment. These provisions
are based on estimated costs, which take into account the anticipated method and extent of restoration, technological advances and the possible future use of the site. Actual costs are uncertain and
estimates can vary as a result of changes to relevant laws and regulations, the emergence of new technology, operating experience and prices. The
expected timing of future decommissioning and restoration may change due to certain factors, including reserve life. Changes to assumptions related to future expected costs, discount rates and timing
may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Deferred Income Taxes  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Deferred tax assets are recognized when it is considered probable that deductible temporary differences will be recovered in the
foreseeable future. To the extent that future taxable income and the application of existing tax laws in each jurisdiction differ significantly from the company's estimate, the ability of the company
to realize the deferred tax assets could be&nbsp;impacted. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>Deferred
tax liabilities are recognized when there are taxable temporary differences that will reverse and result in a future outflow of funds to a taxation authority. The company records a provision
for the amount that is expected to be settled, which requires the application of judgment as to the ultimate outcome. Deferred tax liabilities could be impacted by changes in the company's estimate of
the likelihood of a future outflow, the expected settlement amount, and the tax laws in the jurisdictions in which the company operates. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Pensions and Other Post-Retirement Benefits  </I></B></FONT></P>


<P style="font-family:;"><FONT SIZE=1>The company provides benefits to employees, including pensions and other post-retirement benefits. The cost of defined
benefit pension plans and other post-retirement benefits received by employees is determined based on actuarial valuation methods and assumptions. Changes to assumptions related to
discount rates, expected return on plan assets and annual rates of compensation increases may have a material impact on the amounts presented. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>058</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com
</B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=13,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=994680,FOLIO='58',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fk14301_1_59"> </A>

<P style="font-family:;"><FONT SIZE=2><B><I> Impairment of Assets  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>A cash generating unit (CGU) is defined as the lowest grouping of integrated assets that generate identifiable cash inflows that are
largely independent of the cash inflows of other assets or groups of assets. The allocation of assets into CGUs requires significant judgment and interpretations with respect to the integration
between assets, the existence of active markets, similar exposure to market risks, shared infrastructures, and the way in which management monitors the&nbsp;operations. </FONT></P>


<P style="font-family:;"><FONT SIZE=1>The
recoverable amounts of CGUs and individual assets have been determined based on the higher of fair value less costs to sell or value-in-use calculations. The key
assumptions the company uses in estimating future cash flows for recoverable amounts are anticipated future commodity prices, expected production volumes, future operating and development costs, and
refining margins. Changes to these assumptions will affect the recoverable amounts of CGUs and individual assets and may then require a material adjustment to their related carrying&nbsp;value. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B><I> Derivative Financial Instruments  </I></B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>When not directly observable in active markets, the company uses third-party models and valuation methodologies that utilize
observable market data to estimate the fair value of derivative financial instruments. In addition to market information, the company incorporates transaction specific details that market participants
would utilize in a fair value measurement, including the impact of non-performance risk. However, these fair value estimates may not necessarily be indicative of the amounts that could be
realized or settled in a current market transaction. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 5.&nbsp;FIRST-TIME ADOPTION OF IFRS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=1>Effective
January&nbsp;1, 2011, the company began reporting under IFRS, and the accounting policies disclosed in note&nbsp;3 to&nbsp;these consolidated financial statements have been applied in
preparing the financial statements for the three month periods ended March&nbsp;31, 2011 and 2010, for the year ended December&nbsp;31, 2010, and in the preparation of the company's opening
balance sheet at January&nbsp;1, 2010 (Transition Date). </FONT></P>

<P style="font-family:;"><FONT SIZE=1>In
previous years, the company prepared its consolidated financial statements in accordance with Previous GAAP. Reconciliations from Previous GAAP to IFRS for comparative periods are provided on the
following pages. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>059</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=14,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=97543,FOLIO='59',FILE='DISK127:[11ZBF1.11ZBF14301]FK14301A.;14',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fm14301_1_60"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Reconciliation of Equity at December&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="138" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;077</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;253</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 734</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;513</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;967</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 55&nbsp;290</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;371</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49&nbsp;958</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;961</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (221</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 230</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (658</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70&nbsp;169</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;365</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;982</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 518</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;942</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 105</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;524</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 929</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (37</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;526</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;068</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;669</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;982</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;154</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;154</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;861</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 242</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;293</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 211</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;504</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;615</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (160</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (544</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (484</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)
</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 36&nbsp;721</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;529</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 70&nbsp;169</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;365</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>060</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=15,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=231700,FOLIO='60',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_61"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Equity at March&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="138" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;263</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;263</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 525</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 525</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 289</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;028</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9&nbsp;060</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (362</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;437</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54&nbsp;473</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48&nbsp;973</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;934</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (229</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;430</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;430</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;739</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;320</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;322</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 39</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;040</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 125</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;545</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 620</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;151</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;151</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;058</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;459</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;294</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 134</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;735</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;730</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;320</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;552</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;480</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;480</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;076</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 132</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;208</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;404</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;670</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;155</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (319</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (589</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities of discontinued operations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(6)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)</SUP><SUP>(14)
</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;273</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;651</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;622</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 68&nbsp;945</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;566</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=20 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>061</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=16,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=144649,FOLIO='61',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_62"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Equity at January&nbsp;1, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="192" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Cash and cash equivalents</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Inventories</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes receivable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;331</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (332</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;999</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 57&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4&nbsp;297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 51&nbsp;556</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;342</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 536</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (277</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3&nbsp;201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Goodwill and other intangible assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 193</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 17</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 210</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69&nbsp;746</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities and Shareholders' Equity</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;317</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 25</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;529</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;796</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current portion of provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 859</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income taxes payable</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10&nbsp;271</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt&nbsp;<SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13&nbsp;855</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 139</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 11&nbsp;679</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accrued liabilities and other</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;062</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5&nbsp;062</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities&nbsp;<SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;030</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 20</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;050</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions&nbsp;<SUP>(5)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;032</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 296</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;328</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8&nbsp;870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (297</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(11)</SUP><SUP>(12)</SUP><SUP>(13)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;626</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;485</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities and shareholders' equity</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 69&nbsp;746</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (315</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1&nbsp;632</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=17 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>062</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=17,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=692187,FOLIO='62',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_63"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Comprehensive Income for the Year Ended December&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="146" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 33&nbsp;278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;186</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;003</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2&nbsp;017</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;058</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 31&nbsp;261</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (128</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 32&nbsp;003</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;700</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;700</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 389</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 110</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 499</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 34&nbsp;350</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 870</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 35&nbsp;202</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;911</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14&nbsp;831</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general&nbsp;<SUP>(7)</SUP><SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;810</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 185</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;984</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;598</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;598</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 656</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 47</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 703</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP><SUP>(10)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;813</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (274</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;803</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of asset retirement obligations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 178</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 197</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 21</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (107</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (814</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (975</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 77</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 77</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 205</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 187</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 30&nbsp;103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (314</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29&nbsp;426</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 4&nbsp;247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 345</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5&nbsp;776</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;004</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 192</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;196</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 555</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 751</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;559</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 301</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;947</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Continuing Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2&nbsp;688</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Discontinued Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (883</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;571</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 258</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;829</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment&nbsp;<SUP>(5)</SUP><SUP>(11)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (503</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (437</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on cash flow hedges reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans&nbsp;<SUP>(11)</SUP><SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (152</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (152</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (451</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (153</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (604</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;120</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 105</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>063</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=18,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=700638,FOLIO='63',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fm14301_1_64"> </A>

<P style="font-family:;"><FONT SIZE=2><B> Reconciliation of Comprehensive Income for the Three Months Ended March&nbsp;31, 2010  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="146" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="48" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Previous<BR>
GAAP&nbsp;<SUP>(1)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Presentation<BR>
Changes for<BR>
Discontinued<BR>
Operations&nbsp;<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Other<BR>
Presentation<BR>
Changes&nbsp;<SUP>(3)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS<BR>
Adjustments&nbsp;<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>IFRS</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;327</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 282</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (479</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (459</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 472</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating revenues, net of royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;868</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 269</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;136</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 272</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;428</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general&nbsp;<SUP>(7)</SUP><SUP>(11)</SUP><SUP>(12)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;801</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 148</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP><SUP>(8)</SUP><SUP>(9)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 850</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 62</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (64</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of asset retirement obligations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (24</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (231</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)&nbsp;<SUP>(5)</SUP><SUP>(7)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (190</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 53</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;395</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Earnings Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 741</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 358</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 85</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Provisions for Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 168</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 79</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 247</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred&nbsp;<SUP>(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 266</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 117</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Continuing Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 475</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings from Discontinued Operations</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (241</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Net Earnings</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment&nbsp;<SUP>(5)</SUP><SUP>(11)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (435</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (375</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (58</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (57</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings&nbsp;<SUP>(6)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on employee retirement benefit plans&nbsp;<SUP>(10)(14)</SUP></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Other Comprehensive Loss</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (515</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Comprehensive Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 287</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 264</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=19 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>
See footnotes starting on page&nbsp;65. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>064</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=19,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=406802,FOLIO='64',FILE='DISK127:[11ZBF1.11ZBF14301]FM14301A.;48',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fo14301_1_65"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> Explanation of Significant Adjustments  </B></FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
amounts reported under Previous GAAP. Previous GAAP balances as at January&nbsp;1, 2010 agree to December&nbsp;31, 2009 balances reported in
the company's 2009 Annual Report. Previous GAAP balances as at and for the three months ended March&nbsp;31, 2010 have been reclassified to conform to the presentation at
December&nbsp;31,&nbsp;2010.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(2)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Certain
assets held for sale reported as discontinued operations under Previous GAAP are not classified as such under IFRS.
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(3)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
other presentation changes to comply with IFRS. A description of significant reclassifications are as&nbsp;follows: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Exploration and Evaluation assets reported within Property, Plant and Equipment under Previous GAAP are reflected as a
separate line under&nbsp;IFRS.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Short-term debt instruments supported by a revolving credit facility with a separate lender are classified as
Short-Term Debt under IFRS. These short-term debt instruments were classified as Long-Term Debt under Previous&nbsp;GAAP.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Liabilities encompassing significant uncertainty in timing or amount are reported as Provisions under IFRS. Under Previous
GAAP, these liabilities were classified within Accounts Payable and Accrued Liabilities, and Accrued Liabilities and&nbsp;Other. </FONT></DD></DL>
</DD></DL>

<P style="font-family:;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There
were no presentation changes made to the Consolidated Statements of Cash&nbsp;Flows.  </FONT></P>

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(4)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Represents
the impact on financial statements of transition to IFRS from Previous GAAP, except for presentation changes. The significant adjustments are
described below, with the resulting impacts on income taxes described in paragraph&nbsp;(14).
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(5)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Decommissioning and Restoration</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under
Previous GAAP, increases in the estimated cash flows were discounted using the current credit-adjusted risk-free rate, while downward revisions in the estimated cash flows were
discounted using the credit-adjusted risk-free rate that existed when the original liability was recognized. Under IFRS, estimated cash flows are discounted using the credit-adjusted
risk-free rate that exists at the balance sheet&nbsp;date. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
accordance with IFRS&nbsp;1, the company elected to remeasure its decommissioning and restoration costs at the Transition Date and has estimated the related asset by discounting the liability to
the date in which the liability arose and recalculated the accumulated depreciation, depletion and amortization under IFRS. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (688</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (681</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (690</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 14</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 217</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 275</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 296</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (927</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (971</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (986</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (40</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>065</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=20,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=168213,FOLIO='65',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_66"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(6)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Dispositions</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The net carrying values of disposed properties have been adjusted to reflect their respective IFRS adjustments, resulting in revised gains or losses upon disposal of the assets. The
impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (18</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment relating to assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation reclassified to net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(7)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Leases</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>In accordance with IFRS&nbsp;1, the company elected to evaluate whether certain arrangements contain a lease based on the facts and circumstances existing at Transition Date.
Pursuant to such evaluation, the company has accounted for certain arrangements as finance leases under IFRS. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Plant, property and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 101</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 104</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 103</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 142</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 139</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (41</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (36</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(8)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Derecognition of Assets</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, carrying amounts of property, plant and equipment assets were derecognized when no future economic benefits were expected from their use. Under IFRS, this
derecognition of assets occurs at the component level. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (141</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 28</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>066</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=21,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=121762,FOLIO='66',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_67"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(9)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Fair Value as Deemed Cost</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The company has applied the IFRS&nbsp;1 election to record certain assets of property, plant and equipment at fair value on the Transition Date. The exemption has been applied to
refinery assets located in Eastern Canada and certain natural gas assets in Western Canada. When estimating fair value, market information for similar assets was used, and where market
information was not available, management relied on internally generated cash flow models using discount rates specific to the asset and long-term forecasts of commodity prices and refining margins.
The aggregate of these fair values was $1.370&nbsp;billion, resulting in a reduction of the carrying amount of property, plant and equipment as at January&nbsp;1, 2010. Under Previous GAAP,
impairment losses were recorded in the third quarter of 2010 for certain of these natural gas properties. There were no impairment losses recognized during 2010 under IFRS, as these properties were
adjusted to fair value at the Transition&nbsp;Date. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (906</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (527</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (906</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (379</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(10)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Impairment of Assets</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, an item of property, plant and equipment is deemed recoverable if the undiscounted future cash flows exceed the net carrying amount of the asset group. Under IFRS,
recoverability of property, plant and equipment is based on the higher of fair value less costs to sell and value in use of the CGU. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Under
IFRS, the company recognized impairment losses for certain CGUs within the Exploration and Production operating segment during 2010. The impaired natural gas assets are located within the
Western Canadian Sedimentary Basin and
were grouped into CGUs based on similar geological structure, shared infrastructure and similar exposure to market risks. Declining long-term natural gas prices have resulted in the
carrying amounts for these CGUs exceeding their recoverable amounts. Recoverable amounts have been determined using the fair value less costs to sell method and based on internally generated cash flow
projections. In determining fair value less costs to sell, the company considered recent transactions within the industry, long-term views of natural gas prices, externally evaluated
reserve volumes, and discount rates specific to the asset. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 112</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(11)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Employee Benefits</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, unamortized actuarial gains and losses in respect of the company's defined benefit pension plans were recognized into earnings over the expected average remaining
service life of employees. In accordance with IFRS&nbsp;1, the company has elected to recognize all cumulative actuarial gains and losses directly in Retained Earnings at the Transition Date. Under
IFRS, actuarial gains and losses incurred in the period are recorded in Other Comprehensive Income and then transferred directly to Retained Earnings. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>067</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=22,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=255568,FOLIO='67',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_68"> </A>

<P style="font-family:;"><FONT SIZE=2>Under
Previous GAAP, benefits are attributed to individual accounting periods for other post-retirement benefit plans commencing on the date of hire and ending when further service by the
employee will lead to no benefits under the plan. Under IFRS, the company will attribute benefits on a straight-line basis from the date when service by the employee first leads to
benefits under the plan and end at the same date as under Previous GAAP. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 215</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 122</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (227</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (138</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (4</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation adjustment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (201</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (113</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(12)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Share-Based Compensation</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>Under Previous GAAP, the company recorded obligations for cash-settled share-based compensation plans using the intrinsic value method. Under IFRS, obligations for these
same plans are recorded as a liability using the fair value method. For equity-settled share-based compensations plans, the company accrues the cost of employee stock options over the vesting period
using the graded method of amortization rather than the straight-line method, which the company used under Previous GAAP. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accounts payable and accrued liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 95</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 110</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 27</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Contributed surplus</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (124</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (128</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (126</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(13)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Foreign Exchange</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>In accordance with IFRS&nbsp;1, the company elected at the Transition Date to transfer all foreign currency translation differences in respect of foreign operations that arose prior
to the Transition Date to Retained Earnings. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign currency translation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (248</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>068</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=23,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=1004399,FOLIO='68',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_69"> </A>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(14)</FONT></DT><DD style="font-family:;"><FONT SIZE=2><I>Income Taxes</I></FONT></DD></DL>

<P style="font-family:;"><FONT SIZE=2>The company recognized deferred income taxes primarily in respect of the above changes. The impacts on the financial statements were as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="241" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="51" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the year ended<BR>
Dec&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at and for<BR>
the three<BR>
months ended<BR>
Mar&nbsp;31, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>As at<BR>
Jan&nbsp;1, 2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Liabilities associated with assets held for sale</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes (liability)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (544</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (589</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (587</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 523</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 568</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 561</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes (expense)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 87</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 22</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Actuarial loss on defined benefit pension plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 49</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>(15)</FONT></DT><DD style="font-family:;"><FONT SIZE=2>In
addition to the IFRS&nbsp;1 elections described above, the company has applied the following elections: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Business combinations and acquisitions of interests in associates and joint ventures that occurred prior to the Transition
Date were not restated in accordance with IFRS. An impairment test of associated goodwill was performed as at the Transition Date and no impairment losses were identified.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:;"><FONT SIZE=2>Borrowing costs incurred prior to the Transition Date were not restated in accordance with&nbsp;IFRS. </FONT></DD></DL>
</DD></DL>

<P style="font-family:;"><FONT SIZE=2><B> 6.&nbsp;RECENTLY ANNOUNCED ACCOUNTING PRONOUNCEMENTS  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In November 2009, as part of the International Accounting Standards Board's (IASB) project to replace International Accounting
Standard (IAS)&nbsp;39 </FONT><FONT SIZE=2><I>Financial Instruments: Recognition and Measurement</I></FONT><FONT SIZE=2>, the IASB issued the first phase of IFRS&nbsp;9 </FONT> <FONT SIZE=2><I>Financial Instruments</I></FONT><FONT SIZE=2>, that
introduces new requirements for the classification and measurement of financial assets. The standard was revised in
October&nbsp;2010 to include requirements regarding classification and measurement of financial liabilities and is applicable for annual periods starting on or after January&nbsp;1, 2013. The full
impact of the changes in accounting for financial instruments will not be known until the IASB's project has been&nbsp;completed. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 7.&nbsp;SEGMENTED INFORMATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The company's operating segments are determined based on differences in the nature of their operations, products and services. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company combined its International and Offshore and Natural Gas segments into one new segment, Exploration and Production. All prior periods have been reclassified to
conform to these segment definitions. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Intersegment
sales of crude oil and natural gas are accounted for at market values and included, for segmented reporting, in revenues of the segment making the transfer and expenses of the segment
receiving the transfer. Intersegment amounts are eliminated on consolidation. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>069</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=24,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=498060,FOLIO='69',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fo14301_1_70"> </A>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="121" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="20" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="13" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="17" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD COLSPAN=31 style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Three months ended March&nbsp;31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Oil Sands</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Exploration and Production</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Refining and Marketing</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Revenues and Other Income</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (including royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;159</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;168</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;606</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;618</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;037</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 84</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;811</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;602</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Intersegment revenue</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;040</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 627</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 209</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 213</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 42</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 86</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (926</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Less: Royalties</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (123</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (70</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (432</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (402</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (555</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (472</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating revenues (net&nbsp;of royalties)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;076</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;725</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;383</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;079</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;818</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;282</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (842</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;256</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;130</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 521</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Interest and other income</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 175</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (8</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 27</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (150</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 68</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;077</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;900</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;386</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;431</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6&nbsp;116</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;810</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (734</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (732</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 9&nbsp;845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 7&nbsp;409</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Expenses</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Purchases of crude oil and products</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 364</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 245</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 120</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 54</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4&nbsp;535</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;936</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1&nbsp;212</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (806</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 3&nbsp;807</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3&nbsp;429</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Operating, selling and general</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;320</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;162</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 236</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 191</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 575</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 505</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 160</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (7</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;291</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;851</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Energy supply and trading activity expenses</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 457</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 278</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Transportation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 80</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 63</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 32</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 56</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 59</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 45</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (9</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (6</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 162</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 158</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Depreciation, depletion, amortization and impairment</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 311</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 259</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 354</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 470</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 102</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 109</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 785</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 848</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exploration</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 40</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 43</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 58</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Loss (gain) on disposal of assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 112</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 146</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (280</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 251</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (268</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Project start-up costs</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 10</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 37</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 26</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 25</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 23</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 5</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (98</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (185</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;282</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 931</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 559</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 5&nbsp;271</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 4&nbsp;603</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (685</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (716</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 7&nbsp;799</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 6&nbsp;225</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Earnings (Loss) Before Income Taxes</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 795</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 121</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 455</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 872</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 845</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 207</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (16</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 2&nbsp;046</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 1&nbsp;184</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 190</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 32</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 641</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 344</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 218</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 60</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (31</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> (31</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Net earnings (loss)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 605</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 89</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 528</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 627</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 147</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> (18</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=33 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;<BR></FONT></P>


<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="312" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="18" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="22" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total Assets<BR> </B></FONT><FONT SIZE=1>($ millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>Mar 31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Dec 31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Jan 1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Oil Sands</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 38&nbsp;723</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 39&nbsp;382</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 36&nbsp;657</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Exploration and Production</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 14&nbsp;495</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 15&nbsp;899</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 19&nbsp;218</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Refining and Marketing</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 12&nbsp;400</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 11&nbsp;292</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 9&nbsp;748</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Corporate, Energy Trading and Eliminations</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 4&nbsp;025</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;034</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 2&nbsp;176</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1><B>Total</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1><B> 69&nbsp;643</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 68&nbsp;607</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1> 67&nbsp;799</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=12 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>070</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=25,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=194773,FOLIO='70',FILE='DISK127:[11ZBF1.11ZBF14301]FO14301A.;61',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:;"><FONT SIZE=2><A
NAME="page_fq14301_1_71"> </A> </FONT> <FONT SIZE=6><B>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->





<!-- COMMAND=ADD_DEFAULTFONT,"font-family:;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


  </B></FONT><FONT SIZE=2><B> 8.&nbsp;SHARE-BASED COMPENSATION  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>The following table summarizes the share-based compensation expense (recovery) recorded for all plans within Operating, Selling and
General expense in the Consolidated Statements of Comprehensive Income. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="319" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation expense for equity-settled plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 42</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 12</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Share-based compensation expense (recovery) for cash-settled plans</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 228</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total share-based compensation expense (recovery)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 270</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (38</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=9 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> 9.&nbsp;FINANCING EXPENSES (INCOME)  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest on debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 161</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 187</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Capitalized interest</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (100</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (76</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Interest expense</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 61</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 111</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Accretion of liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 48</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign exchange gain on U.S.&nbsp;dollar denominated long-term debt</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (186</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (260</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other foreign exchange loss (gain)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 38</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (30</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total financing expenses (income)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (49</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2><B>)</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (131</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2><B> 10.&nbsp;EARNINGS PER COMMON SHARE  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="311" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net earnings</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;028</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 779</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(millions of common shares)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Weighted-average number of common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;570</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;561</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Dilutive securities:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Effect of share options</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 11</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 15</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Weighted-average number of diluted common shares</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;581</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 1&nbsp;576</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>(dollars per common share)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Basic earnings per share</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.50</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Diluted earnings per share</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 0.65</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 0.46</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=10 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>Options with tandem stock appreciation rights or cash payment alternatives are accounted for as cash-settled plans. As these awards can be exchanged
for common shares of the company, they are considered potentially dilutive and are included in the calculation of the company's diluted net earnings per share calculation if they have a dilutive
impact in the&nbsp;period. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Accounting
for these awards as cash-settled was determined to have the most dilutive impact for the three months ended March&nbsp;31, 2011, and thus no adjustment to net earnings was
required. For the three months ended March&nbsp;31, 2010, accounting for these awards as equity-settled was more dilutive. As a result, a $47&nbsp;million reduction to net earnings was made in the
diluted earnings per share calculation for that period to account for these awards as if they were equity-settled plans. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>071</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=26,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=731440,FOLIO='71',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_72"> </A>

<P style="font-family:;"><FONT SIZE=2><B> 11.&nbsp;ASSETS HELD FOR SALE  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>During 2011 and 2010, the company divested certain non-core assets as part of its continuing strategic alignment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the first quarter of 2011, the company completed the sale of certain non-core U.K.&nbsp;offshore assets for net proceeds of &pound;105&nbsp;million (Cdn$164&nbsp;million). </FONT></P>


<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, the company classified certain non-core natural gas properties located in Western Canada as assets held for&nbsp;sale. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
assets and liabilities classified as held for sale are as&nbsp;follows: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="251" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=2 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>March&nbsp;31<BR>
2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>December&nbsp;31<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>January&nbsp;1<BR>
2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Assets</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 6</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Property, plant and equipment, net</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 87</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 635</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Exploration and evaluation</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 29</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 94</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 762</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Liabilities</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 4</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 98</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provisions</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 31</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 311</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 177</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total liabilities</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 35</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 586</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=13 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In the first quarter of 2010, the company completed the sale of its oil and gas producing assets in the U.S.&nbsp;Rockies for net proceeds of
US$481&nbsp;million (Cdn$502&nbsp;million). </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the second quarter of 2010, the company completed the sale of non-core natural gas properties located in northeast British Columbia (Blueberry and Jedney) for net proceeds of
$383&nbsp;million, and non-core assets in central Alberta (Rosevear and Pine Creek) for net proceeds of $229&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the third quarter of 2010, the company completed the sales of assets in Trinidad and Tobago for net proceeds of US$378&nbsp;million (Cdn$383&nbsp;million), and the sale of its shares in
Petro-Canada Netherlands&nbsp;BV for net proceeds of &euro;316&nbsp;million (Cdn$420&nbsp;million). The company also completed the sale of non-core natural gas properties
located in west central Alberta (Bearberry and Ricinus) for net proceeds of $275&nbsp;million, and non-core assets in southern Alberta (Wildcat Hills) for net proceeds of
$351&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>In
the fourth quarter of 2010, the company completed the sale of certain non-core U.K.&nbsp;offshore assets for net proceeds of &pound;55&nbsp;million (Cdn$86&nbsp;million). </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 12.&nbsp;GOODWILL AND OTHER INTANGIBLE ASSETS  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="169" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="39" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=2 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Oil Sands</FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=8 ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1>Refining and Marketing </FONT>&nbsp;</TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Goodwill</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Goodwill</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Brand<BR>
name</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Customer<BR>
lists</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At January&nbsp;1, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 182</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 166</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 66</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;433</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> &#151;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (11</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>At December&nbsp;31, 2010</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;019</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 182</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 166</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 55</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3&nbsp;422</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Derecognition of goodwill </FONT><FONT SIZE=1>(note&nbsp;14)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (267</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (8</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (275</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Amortization</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> &#151;</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> (3</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>At March&nbsp;31, 2011</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 2&nbsp;752</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 174</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 166</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 52</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 3&nbsp;144</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=18 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>072</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=27,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=85277,FOLIO='72',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_73"> </A>

<P style="font-family:;"><FONT SIZE=2>Goodwill acquired through business combinations has been allocated to groups of CGUs within Oil Sands and Refining and Marketing. Indefinite-lived intangible
assets acquired through business combinations have been allocated to groups of CGUs within Refining and Marketing. Key assumptions and methodology used to determine recoverable amounts for groups of
CGUs with significant amounts of goodwill or intangible assets are discussed below. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
company performed its last annual test for impairment as of July&nbsp;31, 2010. Recoverable amounts for the Oil Sands CGUs were based on fair value less costs to sell calculated using the
present value of the CGUs' expected future cash flows. The primary sources of cash flow information are derived from business plans approved by executives of the company, which were developed based on
macroeconomic factors such as forward price curves for benchmark commodities, inflation rates and industry supply-demand fundamentals. When required, the projected cash flows in the business plan have
been updated to reflect current market assessments of key assumptions including long-term forecasts of commodity prices, inflation rates, foreign exchange rates and discount rates specific
to the&nbsp;asset. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Cash
flow forecasts are also based on past experience, historical trends and third-party evaluations of the company's reserves and resources to determine production profiles and volumes, operating
costs, maintenance and capital expenditures. Production profiles and reserve volumes are consistent with the estimates approved through the company's annual reserve evaluation process and determine
the term of the underlying cash flows used in the discounted cash flow test. The associated operating and capital costs to produce these reserves are based on past experience and specific
characteristics of the&nbsp;reservoir. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>Future
cash flow estimates are adjusted to reflect risks specific to the asset and discounted using after-tax discount rates. The discount rate is calculated based on the weighted-average
cost of capital that is implicit in current market transactions for similar assets. The after-tax discount rate applied to cash flow projections was 11% at July&nbsp;31, 2010
(January&nbsp;1, 2010&nbsp;&#150;&nbsp;11%) with a conservative growth rate equal to the current inflation rate of 2% (January&nbsp;1,
2010&nbsp;&#150;&nbsp;2%). As a result of this analysis, management did not identify impairment within the Oil Sands operating segment and the associated allocated goodwill. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 13.&nbsp;INCOME TAXES  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="9" style="font-family:;"></TD>
<TD WIDTH="303" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:;"></TD>
<TD WIDTH="45" style="font-family:;"></TD>
<TD WIDTH="12" style="font-family:;"></TD>
<TD WIDTH="19" style="font-family:;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=4 ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>Three months ended<BR>
March&nbsp;31</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 VALIGN="BOTTOM" style="font-family:;"><p style="font-family:;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>($&nbsp;millions)</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1><B>2011</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=1>2010</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Provision for (recovery of) income taxes:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Current:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Canada</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 19</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 3</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 397</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 244</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD COLSPAN=2 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred:</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Canada</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 356</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 171</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Foreign</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 246</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> (13</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:;"><p style="font-family:;margin-left:9pt;text-indent:-9pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total provision for income taxes</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2><B> 1&nbsp;018</B></FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:;"><FONT SIZE=2> 405</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=11 style="font-family:;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:;"><FONT SIZE=2>In March&nbsp;2011, the U.K.&nbsp;government substantively enacted a 12% increase in the supplementary charge on U.K.&nbsp;oil and gas profits.
Accordingly, the company recognized an increase in deferred tax expense of $442&nbsp;million related to the revaluation of deferred income tax&nbsp;balances. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 14.&nbsp;JOINT VENTURE WITH TOTAL  </B></FONT></P>


<P style="font-family:;"><FONT SIZE=2>On March&nbsp;22, 2011, Suncor closed the previously announced transaction to enter into a joint venture with Total E&amp;P
Company&nbsp;Ltd. (Total). The two companies plan to develop the Fort Hills and Joslyn oil sands mining projects together with the other project partners, and restart the construction of the
Voyageur upgrader. </FONT></P>

<P ALIGN="RIGHT" style="font-family:;"><FONT SIZE=1>Suncor Energy Inc.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR></FONT> <FONT
SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=3>073</FONT></P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=28,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=1031206,FOLIO='73',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<A NAME="page_fq14301_1_74"> </A>

<P style="font-family:;"><FONT SIZE=2>As
a result of this transaction, Suncor acquired a 36.75% interest in Joslyn for consideration of $842&nbsp;million after closing adjustments. Total acquired a 49% interest in Voyageur, a 19.2%
increase in its interest in Fort Hills (reducing Suncor's interest from 60% to 40.8%), and rights to proprietary mining technology, for cash consideration of $2.662&nbsp;billion after closing
adjustments. </FONT></P>


<P style="font-family:;"><FONT SIZE=2>Overall,
Suncor recognized a loss of $112&nbsp;million related to the disposition of its interests in Voyageur and Fort Hills and the technology sale. The loss included the derecognition of
$267&nbsp;million of goodwill associated with the disposed interests in Fort Hills and&nbsp;Voyageur. </FONT></P>

<P style="font-family:;"><FONT SIZE=2><B> 15.&nbsp;LIBYA  </B></FONT></P>

<P style="font-family:;"><FONT SIZE=2>In March 2011, the company shut-in its Libyan production and ceased operations there as a result of the political violence. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>At
March&nbsp;31, 2011, the company had not recorded any impairment adjustments related to these assets. The company is continuing to assess and evaluate its assets in Libya for potential
impairment. </FONT></P>

<P style="font-family:;"><FONT SIZE=2>The
carrying value of the company's net assets in Libya at March&nbsp;31, 2011 was approximately $900&nbsp;million. </FONT></P>

<P style="font-family:;"><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Inc.<BR></FONT> <FONT SIZE=3>074</FONT><FONT SIZE=1>&nbsp;&nbsp;&nbsp;&nbsp;2011 First
Quarter&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=1>For more information about Suncor Energy, visit our website </FONT><FONT
SIZE=1><B>www.suncor.com </B></FONT>
</P>

<HR NOSHADE>
<P style='font-family:;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=29,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4",CHK=46782,FOLIO='74',FILE='DISK127:[11ZBF1.11ZBF14301]FQ14301A.;25',USER='JDAY',CD=';2-MAY-2011;18:52' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_4">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mg14303_1">EXHIBIT 99.3 Unaudited Interim Consolidated Financial Statements for the First Quarter Ended March 31, 2011</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="4" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>a2203808zex-99_4.htm
<DESCRIPTION>EX-99.4
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_5">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14303_exhibit_99.4_certification_of___exh02619"> </A>
<A NAME="toc_mi14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT 99.4<BR>  <BR>    Certification of the President and Chief Executive Officer    <BR>    </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="5",CHK=396534,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MI14303A.;4',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><A
NAME="mm14303_exhibit_99.4"> </A>
<A NAME="toc_mm14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  Exhibit&nbsp;99.4    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mm14303_certification"> </A>
<A NAME="toc_mm14303_2"> </A>
<BR></FONT><FONT SIZE=2><B>  CERTIFICATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I, Richard L. George, certify that: </FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>I
have reviewed this quarterly report for the fiscal quarter ended March&nbsp;31, 2011 of Suncor Energy&nbsp;Inc.;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this&nbsp;report;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this&nbsp;report;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as&nbsp;defined in
Exchange Act Rules&nbsp;13a-15(e) and&nbsp;15d-15(e)) and internal control over financial reporting (as&nbsp;defined in Exchange Act Rules&nbsp;13a&#151;15(f)
and&nbsp;15d&#151;15(f)) for the registrant and&nbsp;have:
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that
material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being&nbsp;prepared;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;&nbsp;and
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(d)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Disclosed
in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal
quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;&nbsp;and
<BR><BR></FONT></DD></DL>
</DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the
registrant's auditors and the audit committee of the registrant's board of directors (or&nbsp;persons performing the equivalent functions):
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize and report financial information;&nbsp;and
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over
financial reporting. </FONT></DD></DL>
</DD></DL>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="48%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="48%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>DATE: May&nbsp;3, 2011</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>"Richard L. George"<BR>


<HR NOSHADE SIZE="1.0pt" WIDTH="100%" COLOR="#000000">

</FONT> <FONT SIZE=2> RICHARD L. GEORGE<BR>
President and Chief Executive Officer</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="5",CHK=289512,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MM14303A.;5',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_5">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mi14303_1">EXHIBIT 99.4 Certification of the President and Chief Executive Officer</A></FONT><BR>
<!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mm14303_1">Exhibit 99.4</A></FONT><BR>
</UL>
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mm14303_2">CERTIFICATION</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="5" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>a2203808zex-99_5.htm
<DESCRIPTION>EX-99.5
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<FONT SIZE=3 ><A HREF="#11ZBF14303_6">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mk14303_exhibit_99.5_certifica__mk102056"> </A>
<A NAME="toc_mk14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  EXHIBIT 99.5<BR>  <BR>    Certification of the Chief Financial Officer    <BR>    </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="6",CHK=59728,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MK14303A.;4',USER='RMCIVOR',CD=';3-MAY-2011;10:42' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><A
NAME="mo14303_exhibit_99.5"> </A>
<A NAME="toc_mo14303_1"> </A>
<BR></FONT><FONT SIZE=2><B>  Exhibit&nbsp;99.5    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mo14303_certification"> </A>
<A NAME="toc_mo14303_2"> </A>
<BR></FONT><FONT SIZE=2><B>  CERTIFICATION    <BR>    </B></FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>I,
Bart W. Demosky, certify that: </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>I
have reviewed this quarterly report for the fiscal quarter ended March&nbsp;31, 2011 of Suncor Energy&nbsp;Inc.;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this&nbsp;report;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Based
on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this&nbsp;report;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as&nbsp;defined in
Exchange Act Rules&nbsp;13a-15(e) and&nbsp;15d-15(e)) and internal control over financial reporting (as&nbsp;defined in Exchange Act Rules&nbsp;13a&#151;15(f)
and&nbsp;15d&#151;15(f)) for the registrant and&nbsp;have:
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision. to ensure that
material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is
being&nbsp;prepared;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to
provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting
principles;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;&nbsp;and
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(d)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Disclosed
in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal
quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting;&nbsp;and
<BR><BR></FONT></DD></DL>
</DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the
registrant's auditors and the audit committee of the registrant's board of directors (or&nbsp;persons performing the equivalent functions): </FONT></DD></DL>
<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="6",CHK=634006,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MO14303A.;5',USER='RMCIVOR',CD=';3-MAY-2011;10:43' -->
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to
adversely affect the registrant's ability to record, process, summarize and report financial information;&nbsp;and
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over
financial reporting. </FONT></DD></DL>
</UL>
 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


 </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="309pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2> DATE: <U>&nbsp;&nbsp;May&nbsp;3,
2011&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>"Bart W. Demosky"<BR>


<HR NOSHADE SIZE="1.0pt" WIDTH="100%" COLOR="#000000">

</FONT> <FONT SIZE=2> BART W. DEMOSKY<BR>
Chief Financial Officer<BR></FONT>
</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=3,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="6",CHK=182526,FOLIO='blank',FILE='DISK129:[11ZBF3.11ZBF14303]MO14303A.;5',USER='RMCIVOR',CD=';3-MAY-2011;10:43' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<P><br><A NAME="11ZBF14303_6">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mk14303_1">EXHIBIT 99.5 Certification of the Chief Financial Officer</A></FONT><BR>
<!-- TOC_BEGIN -->
<UL>
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mo14303_1">Exhibit 99.5</A></FONT><BR>
</UL>
<FONT SIZE=2 style="font-family:times;"><A HREF="#toc_mo14303_2">CERTIFICATION</A></FONT><BR>
<!-- SEQ=,FILE='QUICKLINK',USER=JDAY,SEQ=,EFW="2203808",CP="SUNCOR ENERGY INC.",DN="6" -->
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g142744.jpg
<DESCRIPTION>G142744.JPG
<TEXT>
begin 644 g142744.jpg
M_]C_X``02D9)1@`!`0$`VP#;``#__@`Y35),3%]'4D%02$E#4SI;4U5.0T]2
M7T5.15)'65U354Y#3U)?14Y%4D=97U!-4U],3T=/+D504__;`$,``0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(`%H`
MV`,!(@`"$0$#$0'_Q``?```"`@(#`0$!````````````"@D+!@@!!0<"`P3_
MQ`!/$```!@$#`P(#!`0'"!,````!`@,$!08'``@1"1(A$S$*%"(5%D%1%S)A
M<1@C@9&AL?`D-%17DI?1U1DV-SE"1$988W)W@Y26LK;3U^'_Q``>`0`!!0`#
M`0$`````````````!`4&!P@!`PD""O_$`#`1``("`@("`@$#`P,$`P````(#
M`00%!A$2!Q,`%"$(%3$B(T$6,G$8)32!,U%2_]H`#`,!``(1`Q$`/P!_C1HT
M:/A\-&C1H^'PT:-&CX?#1HT:/A\-&C1H^'PT:-&CX?#1HT:/A\-&C1H^'PU@
M]XR-4,>1X/[1+),O5*<6;%,!<R<@8@>2,6"0BNOP(@!UA`C9'D!772#SKRG-
M^>F&-T3P,$5M*7-PCW^BH;O90*"I.4G<F0@@*KE4H^HSC`.F=0G:Y='2;"D5
MS&C8+%,624=3,]).Y:5>G**[UXH*JQ^3<)(IE``3103$0(V:-R)MT0$"I)$#
M@-8]\\?JNP_CBW:U'2ZU79MV3,IOM<9E@]==,1/JND@P;DLD':.^-JN2-:9F
M+EM3US39>'C?PUD-N6G,9ICL5@#F#1`",7\F$3']5:&"05JL_GBTY;)9Q$(0
MP"]P;2WK=Y:9(ZS6D1;2MLN3$2DY)-*5FU"^0*J1N/,4P.8//IF))B7Q_&\@
M/&J]HN]LM[@KBSV&5GEDQ,*7S[CO2;\\]P-FZ1$VS?P8W((HI@!1$/RU[=CS
M;)D&])I2,J4M+@U0(=)U,M55)9VF8P<G9P8'0<)D$GU$7DE61#@)3(IKD'N#
M;>L;3<30B*0R[!_;GQ``RCF;?N$FQE.``?3BXQ1DS*EXY*FN#HW(CWJ*!QQG
M/'^-/U-^>`'*[9ELCC\%=Z/2O9;[\%A35)":RIZMC4&R1@>AU[3\2`V%P#(N
MMB89-R%MWAGQ>7U,33K7\K6_MM+#U593(`?7@H?FKC04,S/87)3>(E%V":X<
M=?D3[AP0G@QRE$?P,8I1'C]@B'M[\?@'D?<-=2=UP8#IJAWE,4Q3)G`1*<H@
M8IBF*/(&`0`Q1`0$!^KQX`)T6>*<9QZ0(M,?TQ$@%*3Q68=0QBD[NT#J+-%%
M#B'<;ZCG$1Y\B.OSD,2XOE2&)(8\I;H#E$HF/68<I^!,!QX42:)J%$3``B)3
M@(^PCP(@-A5?T5;!72)1NV%FS$1,K'%WH5VB?S$6??#(B/Q,%]7G_$#''Y3J
M_4_@0;U/4LH2)GB6?N-262/X_,HE'29G\\Q[^/X_,_Q$1E9W+YEI@(H,+DYD
MX]N!"%C+(U:SC3TR"':@19P0DFB3@.T/EY!(2E\$X#6Y.,]\E.GUFL3D:,-2
MI%8P)?;C98[^JG4$1`#.5#@$E#$.(E*)G23UHD81%9^FF`G#.[?LRPS9$USQ
M#"5ICXY#>DO7Y)91DFL/DISQ$J+]D9,!\"DA\I]/@AT^`$-!,Q;1<H8T:N9R
M**E?*NW%11=_`-7"<U&MB>0<2E>Y<./0`G)EG,4XDT6Y2'4<%;)<'U)Z^&_4
M3X?&+:\BS;]>J#R^N-RUL-%=9?$S!5;PHS5!0!$R3,>*T*&))K)`>)<JMS].
M_ETAQSZH:=L%N>E6P=6OK]MEID1$2-NH;\)>89]0!61(K#BF`0N&%S\FD9O6
M<BU;OF#IL]9.T2.&KMHNDY:N4%2@9-=NX0.=%=%0H@9-5(YTSE$!*80U_3J`
MO!VYRY8.DTD6JBMAH[I<#RU0=.A!$"F'A1]7EU!.2&E"@`\E(`1S_CTY%OZG
MI/&TWV/<AU3*-4C+E39-.3A9-,>TP!Z;IB[2[0=QDFU$QE&,FQ4-Z3MHK]1!
M$BJ1U6ZJ*ZFE/&OE3">1:10@)QN<K+AE_#/:+&"N9@?M4G=0^Y3DB$29"P:@
MR$+"EPQ!NH/ROX8V7Q9<6RY_W37;K95C<_722TFWK)_3OI[,FA?Z"1@HV,59
M4)LJN;*K`(S;1HT:M'Y3OPT:X$0#W$`_#R/'D?8/Y=85;,E8[H29%;S>Z;3$
ME""H12V6B"K1#)@58XJ%--OV(&(!&ZYQ.7DO8BJ;GA,XE^P6;"@%@;#G^``9
M,I_X$8F9_P#4?/AC%J&3:8+"/Y,R@!C_`)(IB(_]S\S;1K7V+W9[6IQ<S6$W
M)X"F7141<&;169<;R#@J`&(05S(M+,JH"('43(*@E[`,H0O/)B@/M\5-1$XV
M*\AI2.EF9A,4KN,?-9!L)BF$IB@X9K+HB)3%,40[^0,`AQR`@'8ZK9K\?8KO
M1S_'N4Q7/''\=Q'G^8^=2;=6S_X]FN_C\SZ7+;Q_ST(N/G9Z-&C71\4?#1HT
M:/A\-&C1H^'PT:-&CX?#1HT:/A\->*9QRNCB^K>LT,DK:)H5F=>:*%`Y4U"$
M*+F5<IC])FD:10AQ(;Z7#M1JV$!(HJ8GM0CP`B/@`_'\`_:/MX#W']FHA\V7
MUQD'($S+IBL:)9*FA8!,2J=A8J/653(X*40$`/(N17D#^1^E=(H_2D76;_U.
M^6+?B[Q\0X-TJVS:G-PV!:'Y;CUBL3RF:6/$Q+,?78I54IYA>1NT6&#5`Q96
MIXCTE>Y[.(W@[X;$+"]DAF>`LE[.M2@1?XBTV")L1Q)546!$A.0*/.5UY6PR
MH_W[,S4T_P#8I3NY"4DGZPCP4A0$Z[ERL?Z"`'D1`.")D`"R)X0VXQ=,286F
MYMT)6YB4KANS4%-S&5DY@Y(1L3M%)Y+I`/\`'R2GJ)MUN21I4P(+I?#MJ6(O
MDVOZ3[$T#YU^FHA46K@@=[*/,)DW,WZ9R]R;F2$#-V)Q`ITX\JJQ![7Y>W=W
M5.?I6_3K0H8RCY0WRC^XY_+=<EKF-R:Y<&,K-*'U\[<6_O\`8R]^9BW3)W>*
M2#5:CF\[M5GWF/R@]EFSI>L6/JXRE$T\O<IEZRNN`?6W&US7QZJ%:(E#X7U^
MRP6)F9K!_?..-&C1K>?S-OPT:-&CX?#0(<Z-&CX?([-UVSEC<FDMD;%4>FPN
MR*2KZ9JK),J,=;RI%[UUXYNF4$V-H.0AC$!$I&DZM_%.R)2"Q7IXX-N>XF<V
M^9!2?.3/UJ7+.DH^^UL2K`<S5)44#3#5@KV"C8J^;O,D0R:;AVV3=PSCM%9(
MS=C+WU#'U&=O)*Z\)GFHLBHQ4T];Q^0V35,I$V4\[.",7:RIIE`"DFE.R-F5
M.T.)7Y!Z83JR#M0,V>4O'QX"XOR9I`?MN5Q=B+N7JU`ZH>$E_>R0("8"/Z2(
M<M7B(1;K,;8;`F%DK&U_T\^4*.WH/P?Y/D<O@MDK3B]<OWC[6:UJ1B*N&999
M!'S)@!Z_;DOL4,BFM33)K;3&G,1"3458XB,GH-^VE(:88MI*+DF:@+-7S!XB
M5=JZ;J!X,DLB<IR^PASVF`#`8`-16],G.JLU$6+!,XY%1S5D%K523JJ%Y^[K
MQZFE/0B8&.!C!$S#U&2;$(53L;3*Z8F(DT(4#5VZ?LM;;==QN=KB*YN)XLUX
M+M]:ZF?5;K\SQ)"MPEZCF(EB24SB(.(^9H\HZ!D/&6\Y[3<@1.G&68*C<D8&
M,ABK8#9QMZ('D1-]5J_>L)(46A?7[%*IF8:.N;UG,FT#)D]LRVC7&1Q_(4<S
M)#..8ZRZ%I;RVATS*^'&%'E"I'&O(0C!Y'N;C:HQ8LZO+N`K,2YAR1$RO)J%
MV.P3MPEG=@N$W+VN<>',L^G+5*O['+NCB(G.J[EIQR^?K&[C&.8ZSDW`F,81
M#D1UE&5GN1)+)V0I#+IITV5'MRL;K(QK.D=O8ANJTHY-9`FVZA2'0DRR@N2N
MT1(0$E2F3*4I"E`-T.EKD3:%BW>3CVX;VJJVL^&&+&;2;+R\.YL]4J5]4(T/
M4KA=:@T:2*UKK$2=&1;N(W[,E4F,G(14^M%/4X<P(^G6N:WB_'FH2>)Q7[K>
MJ8O[=L\:I;LAG+@HAK/0Z8]C0<SF*BHDH6GH"5F7`GY3;%LV6\B;B(Y;*SB*
M5S*#4J+R+F)Q^"J&[TK]RAGHHTKX^TV8&6.[FU@#)$.A"-0GG4>$LA4IAU$B
MD9P641K$BYBS($$2G7+(I1RC$R)!`2F6*N*91`0,<.!U/3\-C$3DMU&#*1;I
M8D-4<"97G;&P1>+),R)/7].K,>9Q'HK%;BX"6FT_2,X;B9+AR)!(J(\N.8IZ
MBW3WRD1A7L9;L-N\@J=-%E%U<,A5JKOSD[?309,*U8EX%V;@I>Q-HW8<@!1(
M5/QQK;B+HU#B9A[<(&H5*-LDI&F8O+/%5Z$93<C%K+)/OE',VR9)/WL>JY00
M=^@JZ5:J+HHN`(91,APH/</-^0R>#S.NY+2+.&=E:;Z:&VKK>Z8;U`C.K9Q5
M4F2(3,<BP.#D9B/QQ\O_`$[P?0Q>=PNPXW>$9M6)N)MO36J)E;37':`&Q7RE
MH0$RX_I-9<C$\S/\3T<YFS#E9EGL#8\KXU@9N-4(C(0\U?:E%2C%51%)PFF\
MCI"8;O&JAVZR*Y"+H)F,BJFJ4!(H0P]G5,I8TO3US&TK(5&M\@S:@^=L:O;J
M[87C5D*Q&X.W#6'DGJZ#45U$T?F%4R(^LH1/O[S%*-:KUA5S2G4XWH.GZ;9R
MX)F)1@54[-H!OE(NGU*-8)")40[A09-4$/4-W**`F!U3'4,8QI1_A:T44]XF
MX4R:""1OX,Y"]R2"21A+^EBE")1%,A1$!$`$0$>!$`'CD`TR9CPJC%:#.Z?Z
M@:YL87&Y6<?^WB"^]\*9$F+/VY*17-DHADHB3@8F0'GB'S#^:GY7?HTO]A4E
M4YB_C(O_`'B,^E,K$"Z:_P!>!@CA$20>V8&3F(*8B.7=K7>:71&C:0NUNK%0
M8O77R3-[:;!$5YHZ>>BHX^4;.9AZR17<_+HK+_+I'.MZ*2BO9V$,8,$#<1@(
M1``S=B$1$0``#)M'$1$1X``#[>\B(B```>1$>`TO'\4PFDIM,VY`JDDJ`;E#
M"`*I)J@`_HEOX<@"A3``\"(<@'/&D?&#9K\\R_N1G_?K+_BC;_"T?^BT>/\`
MPM6W;64[`S8'8\VV;=>:H8X+(Q]9L+@O;-Q$SWCF9CUQU_Q,_./('FM^D[.[
M7EX!60%5>F^+1WSKR4VUBR1E45FQ'3F8Y[_GGGB./ENA;,C8_H81XW>\4^GA
M+`X&+&TVB"KH20-`0%T+`9F09`\!L#EN+@6WJ^B"Z(J]GJI]V'?PB<!?X[L0
M_P"<VC_Z^TJ7\5(DDHQV%"HBBJ`,,^]OJHI*`7EIA?D"]Y#=H#P'(!P`\`/'
M@.%"?EFO^",__"-O_BTKT7P;6W'5\;L3-B=0._-V)JAC0L"OZF0LTHX=-U,E
MW&M[)_MQUDY'\]8*4>]>=;&G;1DM=#757AH#1*+19`T2W[>/J79_M149`])L
M2O\`WESU[?CGB+?>!L$%:(EE/5J9B;#!R)#JQ\S!R3*7BGR::RC<ZC.1CUW+
M)T0BZ2J!SH+J%*LDHD80.0Y0\U4W"X%24425S7B--5)0Z2J9\ET@ATU4CF34
M3.0T\!B'3.4Q#D,`&(<IBF`#`(`MC\,)NM+:<19=V=V!\49;$TV7*^-FQS"!
MCX^O<@1I<8IDB!O33:5J_%2EU"IIE`IK^4/!2!I,R^MFOWZN_P#<C/\`VZ6_
MW:-Q_P"4LK^:6D>O>$3RVT[;K5[,MH3K9X\J]H*`O_<*F2BPVL_UE:5"9FNI
M9$(L;`L-B^W*N96[#YO7B=5U'9:.'7?'9`O!8JG=E,T+6.FLNRCN-=DMX<U@
MB4@N26*V0/#(B+<6N6BMW"*1G:G8(2SPCE1PBWEZ]+1\W%KJM%CMW2:,A%N7
M;-51LX3407(FL8R*Q#I*`4Y3%#FR6>MTZ%D+);9^%J]>B4!=2L]8I5A"0L8V
M*)2BXD):4<-8]DB`F*`JN7"1.1#SYTN5TGMSF/\`9ET+(K<7D-%5:MXZG\XO
M&\%&';M)*U664S-8(>JU&(,=,R24E9K$_CXM-T=%5".2<+RKP@LV+@04;WJ;
M^MR._#(LE=\XW5\X@"R#I:FXIAWKMMC+'L6HL<S2+KU<]0K1\];H"FB^MLXB
M^M$VJG\P]D$T/EV#1MUKPQE-DV+8<:J^-3":[F+F(L9EU?NRT^H\@]56F+A@
MGRJ`<[O8%5<&KY-I$"R<MF\TXO6=<U[).H%;S>Q8>GEJ^'38@`K(MH!GNM6B
M5,BF&$:E0*98\E,B(6(R<6%MIZKW3?IS]6+G-Z.WP'J+ARU62B;_`!MD*BNT
M$A5DU5ZT68;)\"H4"&,L!%A!0$#*BDKV>R8DWH;/,\RS6OX;W)X'R38WRBR;
M*M5')5/E[,\.W:J/EP:UU&3";<^@T17<K"@P4!-%!PH<2E06$E4V*H(E#N5*
MB3]4O>J5$@\>Q2B8Q"B(?@4OG\`#4V'P]M9;V3J@XGFU561VV.,=YJOC]=5V
MB0K%LG0GE-3=K*@8?203=W1OZAU3$1*01.8W)2@:>;5X`U[!:WE\R&?R;;&)
MQMR\*WHIDFPU"98I,`(@Q4.8(J[0QA1W@H@N.DP+5?/^P[!LF&PQZ]BU5\KD
MZM(VI?<AM=+W"#7=BDUF25R3.L@`EQQ,C$]HL51,1,O(B4A"AS^``!0#D1\>
M`*4/(C[%#R/`!SK2K)W4@V&X;E74#D?=Q@*MSS%8&S^!/DBORLY'N!4](R$A
M$0#F6D&*J9^/63=MT3H%$#K@F3SI,7JZ]9K*^[;(USPM@*[S=#VGUF3?UMM]
MU9!W"3.<SQRRK%_:[?+,E&\F:CR3@B_W4I":Z$8\ABM)RT-Y&2?H,82!:,C9
M"2<D80T<]?O#D45380[!R]=G32#E55-C'(+.#II`/*JA$1(GW`)S%[@Y0ZC^
MGE^0QJ,GM66;B)LJ!X8RHE964*.(()N6;$RI#I&?ZZXH9*IF(8V&0:A7[;^H
MA&/R;\7JN(5F(K-)!Y&TY@UK#0F1,:=>N/M:F"B8&P3@AL1RM?2185KIA[=M
MM?W`JG;81W!8=RJ^2]05HNB9$JUCF$"I`<QSK0L?)*RZ28%34."IV)4S$(8Y
M3B0HFUL/R''/(<?G^'\^J@J+E9>N3+&<A9&2@K#"/2.HV9B'KR(G8:29*]R;
MB/E6"S64BY!FN3DJS5RV=MEB<`9,Y>`=7Z%'6)OFXBQ%V=;J[,%GRB6!>2>%
MLK28MT)W(3&O,C.9RBW98ADDYB\1D0BK.P-C2;$>VB$C9Q.?%6<BDY*<9M_\
M%7]6QC\[A,B6:QU,);>KNKPF_5KQQVLA*C-5I"XF3?(B@TKB6=&+%A+>?'_G
M>CM.41@<YC8PN3N'":+U/EU&U8G_`&UCAH@VJ]DQU3!$X',F%]UF2P-D^<S9
MARLRSV!L>5\:P,W&J$1D(>:OM2BI1BJHBDX33>1TA,-WC50[=9%<A%T$S&15
M35*`D4(8>J_A$X"_QW8A_P`YM'_U]JN@ZUZ#<W5+WB&.V:G,:^U03'.V0.<P
M_HFQV')C'3$PCP`!Y$?`:CQQ]B+(N6I=>`Q5BRY9,G6K9)Z[AL>T*:NDJT9+
MO$(Y%Z[85N(DW31DH_=-F17CE)%K\TX1;BL"JI"F?L/^G['Y'`8G.V=N917D
M<5C\DT68Q/JK?=JHL2N7LR*QD0)LK@R$.WXGJ,SQ##E_U"7\=G\K@Z^IC>9C
M\I>QRR5D'2VQ].RQ$&*0I,*".%2<@,EU[3^9B/EL#"YNPW9)1E!U[+&-)V:D
M511CXB&OM2E91\L5,ZIDF<>PF'#QTJ"2:B@IMT5#@F0Y^WM*(AZ>`@(<@//]
M8#^0A[@/Y@/`A^.JAFP52TXXM+VO6FL3U!NU8?))R,)/0,C4;979-(B+M$CR
M.D6<;-P[Y--5!T@*J+9P":B+E$>Q1)0SBGPZ74BS5F2W7;9QGBZ3>24JUCU?
M(V'KC:W3Z;M\9$UZ9AX2TT6:LKD7+Z<B&R-AB)>K.I]PM)QA$):'"3=1XQ#&
M/C^\>#+.KX!VQ8K.KS5.FI;[BCJ15;%9A`,6JK%V;2K"Q]@L,9E?"8)H&SCI
M\?\`1O.U7:,^C7,K@VX:Y<8:*;AM?85-I8%,U;*V(KM0PI68`4>SELBHUK_)
M_&T]8?D"DP>1Z59Z)9&_S,):X9]"R!``HJ)I/413([;B;P1VQ7])\S5]T73=
M%4O!B`.LPT>^L_.2JPEM=ZQ:EZS2Y1C!`Q3!D&+,9Y@@,"D2B?Q(S,?-#U;5
MBC:K7:;F5K=1Z;56PDY!U>Q78+4.48\$#%-`6`<3$B0Q,?F/BN."K#-[>MW=
M+83+@S-W6,HJXUM?(`5-:,F952F2JAR'^GY=4'C681]@#TFZQ#`)2F`UE/4P
M@`H^[.8F6B)&J=NKU(O2((F[.Y^W*K!OW'T"!TU57E8*N=3P<5E#+%^H>=&L
ME:]N;O%]W9M5A`6JM;8+95?<T@(5C((`XCB?_GKJKL*?_P!3S_F9GUHW7P0C
M]3>`\8^459!F(OY+0\4K)C3K+:#;!S-URB*2'_P[UK(UE_Y@!$?QTB(QKJ_=
M""Q[G<BV3=/M'D*ZQRO:DFSS)^(;(Z0KL+D*=8LT6!;A3K.<@15?N4FS:LVT
M_%6(C2OV-V@2;-/0<J>2&74.S;M"W2;;G[ACG3;_`)9QA\NJ=()6S4N83K#H
MR:ATA4CKE'H/ZA)H&.F;TG$=.N4E2]IR'$IBB-A9E+K/]/'"69[_`(&RSFR1
MH^0,:SJ=;M*$AC/)<E!MI=1G%2'R[:Q5VKS46Z*DTEVRCA8BP)-A2=)K&(HW
M,0V%W#KK=*N!@GCTVYN+MO"2I"P%4QSE.P2<@/:)A;IL#4AJS_C?U2JOW35I
MWB!5'"?(#KU.TGR'Y4U['8[&OTS+[)B1KHC&,/%Y1%KZ4K":RZ^135>A]44R
M'H)M=Q"J1$7>H0$?S\[OXZ\5;%D<EDD;IB=;RQ/=.36&4QCZWW8*8<;\<^TA
MZ;)-@O<*GJ$S[%ZO81$5;T?M6*`*=BY!`!#O`BR9@'R`AW=Y#`/N`AR`Z8TZ
M!?4>S%BO<WCK:%>[K,VS`.;7KZG5B`LLB[F`QAD`\._D*F\I#E^NJYAH&R2,
M>6LS=6;+%@S.I=C.,&+23;/#240&^S,V(=PN[7-V9\#XY6Q3BJ_VE"9K%+<L
MXJ,=-3$A(J/FYMW$0:SF'AWENGV<G;'D3'.7*#!U,JHF<+./74-ZATI:5.7[
MJ/[,8*OD?&>L\]4ZWNU(X1*X:P5`4=7FQ.Q4!)<$VZ,)7GQ71SI]AD%#HF.G
MZH*$T-M]*EL6@95F<QPU9/7;&3*O<A3'XB\O'%;&8:/(C9HO&`)BY@2]9C,$
MHR`LZZ=>O:YO^*7@LD5H0V&OC1L4R:JOEZ3+X53B5%P15[R>"%;(DA@P*)%@
M"4=MU=O]\QWI_P#;;*?^W*UJ3;X7J37;;XLT11")&;RFUN?<+G,!Q5(>)RIC
M(S8$C`<"@4XR"P+`<AQ,!4^P2<&[H[>L]4YNG=3S=^RG6WRZTUD:,N,:)1$R
M;J!M]&J<U"NTSB`=P*-5Q25`.03<H.$>3>GR/]G2(W[4CIX[II',>2*99[I1
M[;B^P8OGT*8>+/9H)&8L54LK6P1D=-/XJ.F@;.JL1D\BU9:+6.U?G=M7*B[0
MK)TQY7'6LYX95C\8B;UNYIF&BJA4C)/8NE1;`KDB$9/^W,@/,211`Q$E,1+]
MB\C5P?F=E_)OBC5I[AE/MO;!P*%E;MJ.60(D4!_7P4]9B(GM/`Q,PP[\4_(N
MTMO.UB*(H4&+W.MJ?N4A3()SNHS&<HBR.540[R%33E'P&(40*H*I3'`12)PE
M''%,9^Q*4!,8SYD!2E`1,81=H@`%`.1$1'P```B(^``1U/1ULNK#BCJ))X5H
MF#*A>82@XKD[3;9BQ9%BHF"F[#:+#&,8)BSB(6*G9\64)#Q*,@HZ=2+I%Y)R
M$BD5)DV;1H+OH@=KN.7^7]RNWW%D7Z@/LA9LQ944E$@`5&Z<S>(-L\=E[@$H
M?),!=/#&,!BE*W,8P"4!USXKQE[5O&]56;IGCK58<MD+5=\0#5*FQ8>!O@9+
MH4H`3D9Y,0D8(8*)"./*V4H;7Y+>[!VPR-6S.'Q]>PB")370BNDQ3,P,F(O,
M@[1$"1P4C,CP4LF?%.'5"[;'T#'4],F.<RJ`B8YP3(J:9Q80Z@(F'L*J)2%(
M8_8"@E*!##P4`!5J%K,_8T;`O!Q;J32JU=>VVPF:D`_V56XU[&1\A,N2]P&!
MDR=S$:FY4(4XHE=%64`J)%5"-5_%4?[I&S']M'SF(?N&SXT$!_E`0'4:O0>Q
MS6,P;ZY#$]V:$D*;DO;)N.HMI8JD(H1W`VFJ1<-))B10#$[R-W9ET#B'*+E)
M%8@E43(8&KQSF/V'PMCLW*O<.,HYF\:?SRQ:,UD6,`9B8X,EP4!/\0?$S$QS
M$NGD7#?Z@\UY#!PV4SE+N'I`V.)];'86@*B*)B8D89U[QQS(=N)B>)C6'I=[
MHE=H&^?`687<@JPIYK<VH&3NTW""F-LBJHU>S.':0B4JZ5=.[CKBFD80X=UI
ML8IB'*!@TKOO;]^[QV*I+D^^EO[%T#@HBL7[RRG:LBH41*HBJ7A1)0HB4Z9B
MF*(@(#K*\[8?L^W[-&5,'7-,Q+1B:_6B@S"AB\%?+5N5<,&TLB(^%&DY')LY
MMFJ7E-=G(H*D$2*%$?*/[?N_(`_(`_`-6I3HT&Y$]DID)GEL3CZQ-"(Z6*M9
MEJW2=!1_,];[8YF)F0E<<\#$?*JNW[Z<:&LW`(`Q.7R-H5LF8.O:LJJU+B9&
M>8@>U!1<1/$'!SQ/>9^3EYWNDY%]!+8G1F3@Z$'<=V^?Y6=334.07BE,ELCN
M(9NL0O!%FZ;R=5?"101`KIFS5*43IE,2#3@X\@FF9500$$TB@(F55$!!-(H!
MY$RJG:F4``1$3```(\!IC&[8$F,I?#E[?\H5V/<R+_;WN4RQ=I]-J0ZRC6@V
MC(-]H]GDS(I\F%O$R4M5Y-^OV"1G&-7SQ8Z:""IA7.,7D#$,`@!BF(8.1*8`
M,`E,`"'!BF`!'@P<&*/`AP(:C6@/K-K;2JO(>^MO.VJN1'':+!Y5KUD<<\SS
M5;7B)F(Y$8B/]L_)-Y!195:U5M@3^O8T;4V5)+GJ2`Q:5-A?\<1%A;H*(F/Z
MIF?\_++#I\=*[:SM&PCCQLMAZB7'-;ZK5Z7R3E6[U:)M-OD;D^C6S^9;0CZP
MLGRE3K<7(+JQT+`U].,;ILF3=U)`^F5GT@XR+J>1=8P[L)WF95Q]2Z;6\A-]
MNV0:^UM\/6(**LC5C:(]K6'Q4)UA&HRA038O_512!UZ7KM&AA`!12,G"AL/^
M).Q;7</U/&^].HY"1O\`2HF)K*65<;P#&V0EZBXQ%./9SEGKQIB+G*[9TH]%
MK]O#$MYR*G'I',K')Q1W7V*WD'5ZAFTSJ]8LW4;(]O*^1'E_N.UK)TS$O;M1
M@J$`L]*G'P$*W9+2,LXD7,K'VN<K;]9,T6@T38E6<HOSK(BF7(V4UC?\;M4Y
MG;:&7MT:>9K6\OEB]UK&GCPR"#<P;$221IDKKT1/3U+ZJ)2ND@.O,7L_C[):
MJ.(U*[B*MZYAK%3%8H136R2\@=!@)42>HM*Z+?\`<^).6,@F0UG>"*O7$@$-
MZ90X*003('X%*3Z"%#]A2@`!^P-/_P#PX^WJD8[V!U[-C6$AE,AY[N>09V>M
M96:9I\M:J=MD:!6JF:443!TG#QH55],ECFZH,QE)Q^[.55=03E0*D&$C%/WL
M7+LG,9+1KQU'2L:]1.W>1THP<*LY*/>(*`51!VP?(.&CI%0H'17143.`&*(:
M:HZ*?6@VX;2MM#_;5NDDK;5$J==K'8L:6N!I]@NL2_K5T<GGY:OR;6N(R$G$
MR</:EI9RR5^0&.?1LRB3U473)R*NDO.&*SN<T@*VOU[5]D96C8N5:`&Y]J@*
MK,<`E78W@%HZCY`!/B%PSCJN9C-/@W*X/![P=C8;%6B'[5=KU+5\P2FMD)=6
MF9-S>`0<U5VU09D$3)^OGD^)\U^)WPE1,?[G,$93J->AZ_-YEQG<$[X:'9),
M!L4_C^S1#9A9I9-NFF@ZFG,/;$(EW(F*+QXUAV!7:B@M43#")L0N\QCC>MM,
MND$Z29R,+N+P\!5G!A(V%C,7J%KTRW=&*<@@U>0DO),G7UE`4'"@"/`CK=_K
M5=0^D]0;<E5)O$24X7#&(:0M3J3(6*+7@Y6T3,_*!.7.V&A'2AWL1'O5VT'#
M0[.0(WDE&,#]H/FC-1^5HAK_`-*+!LKN#ZA>UBCQ[8R\?"Y2@LI6M8Q%#-F5
M0Q$Y3R'-K.E"'3]$CT\"Q@VRACE`9*98(AW'5(F==J]:YA/$*J^S@Q+J>LY8
MKR;G,M34(+S45G`?]0FJD:42@H[+D83,00\?$.T6*F<\OL?JY+<JYLF)&BZG
MQ"W6Q*DNQ82:_P"D@;<!SO?$]3@I;VZSS\SCK4JIK=4?>(=,Y%"ER!64A,F<
MIR@HABO'Z*I!$HB`'343.FH01[B*%,0P`8H@&>]&;J`X>Z=^>,JY1S/7,C6:
M"N^'RT&(9XUBJ_+2J,T6[UVR_,2"-AL]7:H1HL8EREZ[=T[<`Z.BG\IZ1SK)
M^+=74H%ZF&],````<W2IO'CR:O5LPC^\1$1'\Q\Z\OVG[1+'NOJ>ZUS25)!S
M=]O>W]3.]?K+%!)<+@RKUZK45<H,0-RX!^C2I&=F())H119_-QK.-$@E><@N
M52PMOQ=A<=L#6+PUG6]9J77+.4D(M5C%).6#!2H/L$F6LGD5K[D4P,3,(6W,
MU3\HYG(:\I;<Q7V'8;E-3`%PE*VWW-"%E,0T_1#86'\F?41B2F(G*.I?NZJV
M^+>-D[<C3:E/4>JVZ-HD/$0=K<Q2]A(UI=,B*RI(S)H9P\BF[F0<1Z[DK5H_
M?IM6@MTSO5504!.=?X9O9AE%#*]ZWHW&L3%:Q>EC*7QKBN4EVKB-+D*=M=@A
M75EGJVFMZ:DG6*O&U48I:9%$T5(S4W\M$NG*\))_+JEP,Y(UR:A;)!N4FTM!
M2D9/0SU1HTD$&\E%/&\E&.U&$@@Y8/T$G3=!91D_;.&3Q(IF[M!9NJHF:STZ
M:.]BF[\-J-"S%`)1</;XYLE2<M4J.,F1.E9)KS)HG-1S5H3ZFU?F$%6EFJ'(
M"!JS,1R1C`Z;.TDH+YHN7M0\?T=>P6-B<%;0C!6<@Q['.Q]:LM7UZ\K()[E?
M4DU3;8V1#HU?JAKDF,\\+4Z.X>0;^QY[)3&>JO=G:^/"NM*K]JPQGOL"P3&`
MBBUH'%1:NQ]UL]DK2X"W_P!&C1[:Q5\VS\7.ZQCA-+/.,RE$@JFQ`7O`HE]0
M0&ZV+TN_CZNT0[_3[OI_7[/^%P:P7J).U<Q=0&M8Q@A%\\9CAW%94RB11,LE
M.3(3TFF44BE,!&C6UD,[!0QS)F;N1Y(0O:!K'.R:KE=PW/<+N(KF]%7,E288
M1,C#JZ5UV#S`S',&DIF/\=H_^_GM[XL\L:7X3\&^%<+N^2KXW(YO2%9^HBT0
MK:=#)7WWZS8`F"7K)5Y8@7'!=2B.)B1B!GJ'=.WJ*7O=UN9S:39]F^:J^1\R
M7RX5Z2J=?9WH%ZRZE'"<$N9I3+!;)!H`PS!H)&:Y?50)Z*!$DP.W0",V;VE[
MK:XHHA8MLNXJ%42?$C%"2F$,HM`+(J'%-)CW*U4$S.U3@)4D2',=0P""8&$-
M6P'!`']7S[<@0>?\H"_T\ZY[`'\3?G^N</ZC?T>VO4[$?J)S>,HTZ#-<Q#TT
M:M>HF4V+E8O364"5Q/<K4=NBXYF.(F?S$1'X^?FWR_Z<\'E+]O(!L>72V[9=
M:=#J].SRVPTFLF)$:WX[%/$3$SQQS,_S\JX\2],CJ`9MEV\/0MHV<C&7=_)J
M2]PH\IC2L,E0X%49"SY(3JL*U*B0>]0/FU%A#@J2*JIBIF<CZ.71E3V#.)/.
MN;;!!77<A:ZTI6F4?6RJNZ=B2M2:K9W-Q$'+OD&[JRVJ=.T9-I^TD91;%M'M
M304"T59.9.5F)^``OOP(]H\AW`8P@/YE[N1_R=?>HSN?FO:-PQ[L/Z:6'Q=F
M(&VFC#66+:XD2E+[3CF81)#$DM"DR<<K:;%D03)M*\):OIV03F)?<S.4K3)5
M'W?4NO49,2/N152,1+X$B$6.:Z`_!K!;(@X@JZP71SA^H0RB,N8GFX+'^YJD
MU\U>:/IY)9"G92JS9PJ^CJM=7L<T>2,/*0;AS(&JEN:,9(6:4D[AYN.?11V#
MB$3$S%TN.H-@N6=Q=[VEYH<(M7`MRS]"J#_*54><J$32596/'!+/'F2<"H04
M2NC,W0]W:JU2.4Y"6APF`/'!OY"F'^D`XUSVAY\<"/N(")1']XAP(_RZ^=*\
MT;1IU!6(A5/+XJOV^K7O0T'U!(I*4U[23@H1VDBA;EO@.W54K"(&.S=O"NK;
MG?;ER;<P^5?U^S9H^HTVS&!&&V*K@D9=T&!EBF)D_P`DV&'/?Y5D8\Z<V_3*
M<BC&4C9_N(D%EG`-1=RV+;/3H5NL/I\E>V&\,JU`L2$!9,RBCN213(0P&,;@
M!X;"Z/?0HF-K%Z@]T6[9U7I?,]=(NOB_%E<?)3]=QC)O&SE@YMEGL*1`CK/>
M4F+I=G!-(0%ZY50<.I)&4GII6/<P3.'<EW^D(@)^._L,(B;M`0+W]AA$W:`B
M`"?CM`1X[@$>-?MI7MWG/:MHQUC$)KTL)0N+)-SZ4N;<L(..K*Y6G'PM#8Y%
MHI2MC`F5DV5$8$CT_P`%:KJV1KY=]BYF[]-@MJ3=A*JE9X3V6\:J1_N.5/!+
M)S3`"B&"N#$2%7+XAC8QNQW>WK:Y)[;,+6#*T=1:AEF.MCF$EZ?%DA'D].T-
MU#-W!;19(%18SYO%2"J0LR.2$*U."QTS'3*?4CH@],[?/MGWVP67,[[>[%C;
M'<5BO)T&]LDW9<>O$0EK(RB&L.Q080-PF)5TJZ6:K]QD6)T6R9/4<JI$,03.
M>+N&J'`N%4$N>0**RB:8#V\"8"BH8H&[0$!,!1'MY#GCD-?L4""`&(!>#``@
M)0#R`^0\A[@/@?RTR4_*^?HZ2>BIHX@L4RE>HS:8FY-_U7[#[#BA@W1K^P3L
M,%<_7D1&`["4Q,D^6_$^`N[NO>VWLJ.45<I78K+=4BC[:-=%=(DLJ9/Z$*!)
MD18@BF2ZD,3$0H3UV^D;N%SON:K6Y+:7BA_DY7)U1;0F88&!E:K$OH6Y45!K
M%P-M<%LTW7D'32UU%2.AEA8JO'#>0IX+/"D"42.,'/\`L*75)_YGE\_\UXF_
M^Q-66R;EJNJN@FN@LJT.5-RD15-0[=0Z952$7(4QC(G,F8JA2*`0QB"!P`2B
M`C]IF15`PIBF<"',F;M[#=IRCP8ANWGM.4?!B&X,4?`@`Z>]>\[;?KF%Q^#1
M2PMVOC*\5J[[R+QVIK@4RA;#1?0N10J10J84/"@7!=BB2)BV+P/J.R9K(9Q]
MW,TK&2?-FPBB^D%;[!"$/:`.HO9!/9!N=RV8ES#F(&)ZQ$ETC=I]_P`*]-VG
M;;-TV,F4-.R3W,K2\XXL+RMVJ/?5/(5UL;]*,FOL&2FX-XUFJY+$*_COG5E$
M2.%&CQ-%R0Z9%U-^_P`.+G_&=KG+OLG22S;B61>.7['&$E/1D/ERAMUE%%AA
MFCJPNHR!R'`QY!*A&224Q'W`6P(M9&$F'2*TV\>=``#P`<!^0:!`!#@0`0'W
M`?(#_)J,X3RAM.O[%E]BQS:H,SMU][*8QBF,Q=EKWL?Q"2=[U>DFF*&KLC8`
M)D":8$8E)\WXMU;8-=Q&NY%5I@8*DBCB\F#5KRE=2$*K\RX4PAD.!($Y1UY0
M1Q!BH"@9&JALFQ7>O4'@L+)M$W,Q+H#N$P36P9DIPFH+0Y4W!D',?6WC1PFF
M<Q0]=!=1!0#%,BHH00-J;+H,;2=Y^&M_M"R9>MLF<L?8K?4+*%.N%SO%`FZ5
M"Q[:=J7VW`BJ:T%A'CM-Y8X&!;)#'LI(2.'3?U$$^3.&SU7:'[0_<8P!_,`A
M_P#FN>TO(#P`B'L(^1#]PCY#4XV#S]F=@P62P;M?Q20RE&Q1L6!?;9(#87*Y
M:E4R,"Q?/=?<V#!B,E!1$C,&U[]/^'U[/8W.HV'*.9B[J+J*Y5ZJQ,D&)PMK
M8@IE9Q$@R!`9("F(D9F)A7CJR=`ESN1OEKW,[/I.NUG+-N<JS>2<0V=RG!4_
M(-A4(0'=KJ%A2;*MJC<YHQ17L3&;1/6;/*'-,GDZW*.)1U+*L9*Z;F_G$<FX
MB[UM`W`LE&[@&QI"!QO/WJ`76-W=@,K)0&]I@'I%`*84SMI)0!`I@$"F*8`M
M+]?/:7\`X_$>T1+R/YCVB'.FW4_.NV:SCT8JPFEG*-58IJ3?]R[E=*X@5H&V
MDX]B5C$"N'I<P!B`%L+$0%SVWP1J6SWWY6NZY@KUMA.M?0A+*;VG/9CIJ-'A
M;F%R1DEJUD129*DY(IK*,#='[J+;A)>/8UC;%D"D0STR)EKIF:-7Q)4H]HL7
MN!^LM<$6=AD4"D^KT:Y6YQZ?D@$:CW@(.T=+#I08WZ<%$F9%>7:Y)W#9`C46
M.1<H)QZT='M8=%<CYK0J%&.EEW,54&3]-)X_>/#A-6Z600E9@K1JRA8.%EP`
MH`//`<\<<CY'C]X^?Z=<Z:]V\P[3NM0L8^*N*Q)F)NHX^&Q-N5E!KBY9<PVN
M`#B#%2X0F3@38LS!9"Z:/X<U;2+8Y-$VLKEP$A3>R$KXJ]QZ&5.LH`6DS&2$
MFF3FP)$(,`"(20AZE'2>ZAV9M^.Z7*F,-L%ON&/KWE5]8*E9X^S8U;,IN'<0
M4"@D];MY6\1\BB0RS9PD9)ZQ;+D42.4R0!VB:0GX?WI[[Q-INY+-]VW'X*GL
M7U&S8(3IT/)STY1Y5&6GUL@UN8-%I,ZU:9UX8/LJ,?.'"KALBS*F0J)U_573
M3.VF)2CY$I1'\Q`/]&N0*4/8`#]P`']6NW)>9-CR>I3I[L?A5XZ<;2Q?V%)N
MQ=]%&*\*/N=\T>THK![)]'2>Q=0'\<=>-\-:YB]MC<47\R>0C(6\E]=KJ4TY
M=;ELL"0&B#O4,N/K'N[<0/)3^>4$^H+T*-W%8W894/M&V_SV1MOMJE"7>@/8
M"P46/;U5"TBJ_F<?KM++;8:22"H3HR+*(/\`+KH*UA:!$'1W)'::.U_1@VK=
M5/8CNG9'N&U>^LMO684&M3S4U=77%I6$"BR%RM5<F-6:.0EE',M2G[EPB\:L
MVCN2EJI+ST:P:NI(L4D5ST2E'W*`_O`!_KUP!2AY`I0'\P`/]&NZ[YKV7)ZR
M>K97&X+)4FXY>/=9MHOE==Z0`4W&-7D5KFZMBUV!<*AC[`"R0G\Q/12\)ZWC
M-G#:<5D\YC+B\@S(*K5'T1IJ]ID3:@*908?TV@;$&DF%_8.0[?Q,?0?M\#_/
M_;^W@-8O=[?!8_I]HO%G>$85VHP$M8YMV<2`"$9#,5G[PQ?4.F4RID4#D13$
MX"JL=-,OU'`!RCV]]00=5;<[*7&7K^RS"BCJS6RTS<0ADAA7A.N\>2+MPV5J
M6,$E$Q!,7<@\,WL%G2$WIQ[!K%MI!1-!>421SUM>PHUC"6\FV/8^(BOCJD<D
MV]DG\A3JJ6/)G+&S!,A8D0(!K(&8"8^:Z\+>+<GY@\A873Z1?4QQF62VC-,F
M%T]=U7'2+\YFKMEG"*RZU2"56*P:DNOOJ598!/&8\&Z<]2G-TN]B^[E[8T.6
M+I4O-Y%=D,0PMB7:\*2,=2X`IN0`/N_!&DGH%`QA3&&C1,7L<%'1J:O9CMKC
MMK6":QCH!:.[8Z`UER)--0$23%VETD32@H*G$3JQL0BDU@883`GW1D:@X,BF
MLY7`337X_P!=?KFNI3>F3R^2>[+YEA<219&]U-@$4<Q)(6*D'(S($Q;&#Q!_
M)9^ICRAC?*7E*_>UL83H^JX^AI&AUA@A4O6-=$Z]:PH#B"!>2MG<R*`8(N34
MM5JKN2KS\6IP7A)7.'5`WTNK-LOR)N<K%1WYLF2^98W=E.8?KFWMD28B90Z[
MC%B-M@"Y+2CR(??!TQ8)OUUHY@E74(XQ'QBG<`$.`\>/K`??GW4`1_GYYX_#
MGC5;3NQRADNA=97.;"C9$O-+8RV_B./*LJG;9^N-),ZF3:U&G/(-H>09HO3'
MCG"[`YG)%!,R76:B(H*'3-9*!^I_WH_T+#Q_-K2/E6LU#-68;^Z7ZYC32B"O
M2*.N,Q@LX"UD+=8":7!%%"KCDEU@FI:Z2<6)/%CTN#:`!$@Y&?N`]Y!0@K':
M[>)?]=7'4[1BH?Z1_<+62</,PMZD]4C7?US/N;-N.PO=?!66UV2:PIOR;[A*
MCC:7-(3,DZQIN'P5EF'CYZOF<JNW"L2TREB.1770?H*M"B_K[$Z!!-#R;C3\
M>W]4Z^!<,+*J**J*XCQNHHJJ<RBBAU*1!'.=10XF.<YS&$QSG,8QC")C"(B(
MZ2MR7&1KSX=:Z/G<>Q=/8CJ#Y`=Q+QPT07=1;IUEBP1;IS'.%4S*LG#F,>O(
MY=9L=)19B[<M%#&;KJIG<AV<F,?:%M;.<QCG/MOP>8QC")C&,;%U6$QC&'D1
M,(B(B(B(B(\CYT]>5X0_%U[H5E5[$[GM./M$H0`+/[=7Q%:H_H`!"S&DNO7;
M$2?N8D[)3#7LY:/%DN1E;-`K#7UEZCKUVH+3,SKQD+63LV4=S,Y8$W#L.47`
M2I31K1!+2N?BOEQP[*9TZM/43C'VR7)>]>`J%^PB`_=G=S*;<(;#:4WC>MBJ
M]=Q06BN-+N>R`R5>MV*#LJL8C6I(J;1PI+F$KB)2%23(F0O:0GID(7D1X(02
MD*'(B(^"E#W$1_/SSJMRZON3,D8XZL6[1QCS(%WH3A_D^@*OEZ9:YZKK/%8_
M&F-18*.U8-^Q.X48BX<"S.L8YFPKK"B)!5/W60;`QCQ[(QC"8QFS,QC&$3&,
M84D1$1$>1$1$1$1'R(B(CYTS>3ZS4T=%:3H)%C5L224"5^8008+`BXI"QD;-
M("<<P<SCZ.-@^.UH;;_[_P`<O%UE3KV\JA,B]&RY*'6"&ARX2SF=E(0=?'5K
MQ@D(D!'(7\EZ^9&I-1/*9KW4WKB0W#VPD%5\A8RS-9.KA=,;T+?J]S1D.(QM
MC:/_`$GHS2^%9>D0:[Z-4DGC-=67CG;YHU1?,9]=MZJD9%2IV%A:(B!.>?<X
M`/GV`RG:(<@/@2@/'@?`AX'QI&+.#5JGTI.HO,D;-R2\-UK,@2\1*D13+)14
MJUM-?9-I.-?`4'3&0;LW[YH@]:JI.46SQV@FJ5)PL0[O]366<U6NN'"JJ[A>
M!AUUEUE#*K++*QC555954XF.HJHH8RBBAS"<YS&.81,(B*ORPR+"-?=`>N*]
MC,8R0EC7]OJ4]?L0T&/,S0HQNBL:*I&I7-37H6L[;H^)O$JRKMSR9.&?8KXG
M)]A4I$#]NUG42HP2`B]HE4(RNM[6G@Q:7F8UDS">U<I..=V.--ZF_'=WA7,.
M_.^8[W8Y@Q0[PO1,XO,9--L6W[%T;*2+*P0M5+?*<F$,@Q:*@^;%;OIN3,0T
MHTC'SX+3(N6=MA^0*/E/9EMCO.-J]*5.@3N$L?C4*K.6=U=)JM5Z/@6T-&U^
M8MCTB;NQR<.WCBQTA,.2^N_=-U5U3'.<3F13ZZ<E(XKZGFX:(Q@_>XXB<C0M
M''(470G2]/CKV-FJ$+(6,;DRKRD<VM'W@?NW;V;^VTGWVJ[<N'+_`.8664.9
MTGI())(=-K9ND@DFBD7"-;[4TB%33+W.9(QNTA``H=QC"8>`#DPB(^1$=.7D
MO%RK4\+E)M/)-N[C&8W&PVT-+$4;N`7:^@BI-H\?_9(0`;56A1<X8(K,.:9,
M^-WC3)BW;<YBQJ5UNJ4LB.1R7JK%>R]VIGIK1=L6_K#?F&`9E-:U>NK24\5R
M4L16,6'4ZKN?M@.Z%QNWV9QRDC(=0Z")M'R#4W+YZVA:WN:L3-C&8*S9$-6;
M==L:PD:,9!$$7#<B*DG$R)UWG%G=$).)LRVP5K9[MQQO@:O2+VPN:I&.'MRN
M4JNN[F;[D6QO%I[(%XEWCL3O7#RS6E](OT_FU5UFK`S%AZITVA!UHQUG7#AI
MBW96Y:+K-7"/4TV7G2<-U3HKI'+<)T2G353,50ABCY`Q3`(#Y`=3$%]A_P"L
M?_U#J`9S+6;FIZPI@K@S9=3<LC$Q8R`86$U,-%LYF8/]LI6W4ZG41ZH+@^Y0
M)1/L%B:]3;=G:LF$"PI.I5RD91CRS4-MYCZ@Q$$'[E=J)MV>Q%$M'^W`#)07
MUHT:-0;Y.OAHT:-'P^&C1HT?#X:-&C1\/AHT:-'P^&C1K5S>O.3=:VIYTG:Y
M,2E?G(RA2;F-F820=Q4K'N`.@0%V,BP60>-%@(<Y`5063/VF,7NX,(#T67?7
MK6+'7OZ$-=TYZ]O4LCZ]N"Z]NO'/6>.>>)_CXOQ5']SRF-QOM]'[A?IT?=T]
MGI^W86CV^ONOV>OV=^G<.W'7N//,:B[\>HQ#X.(ZPYA`[6[Y\FQ&$.I%E).,
M,;OGZA&;4KY@S*Y&;O3A97L@Z:D!U4'7HO9U,J'RL9*]1TZ-A4GB%0=Q6>2O
M93/=P;R#YE$S:Y9%WC]M8C'7E7<J].HY/(9%L)%E?O#)BN<(EJZ<0C0YUEY5
MRXCEZ-D+#SNYNS2DW$QDQ)P>,W4W"R,JP:R#^(F7TJS;/9>+=NTEG$?)O&[I
MRW=/VBB+IPBX7255.FLH4S1WM[:J31R/?K7^M\V7:,==L4\!A!CFCB27"I.]
M)S,%=OLY'K88M<)F)):XD417W#^H@$_IFPG_`$\>/%RD]LP&*SODSR(T^FQ[
HNFT=L*^N+KA!+U_6:A*=+,94MVSO+:*;=HQ9DRRAHT:-7%\P?\__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g551905.jpg
<DESCRIPTION>G551905.JPG
<TEXT>
begin 644 g551905.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@`\1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?14%23E]035-?0D%2+D504__;`$,``0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(
M`(L!30,!(@`"$0$#$0'_Q``?``$``@$$`P$`````````````"`D'`0,&"@(%
M"P3_Q`!<$```!@(!`0,#"1`-"P,%```!`@,$!08`!P@1"1(A$S%!%!49-U%8
MF+36%B(S-5-Q<G5V=Y*RL[6VT0H7,C0V.#E"872!H;$8(R0F*%)B<X*1P25'
M\"=#A^'Q_\0`'`$!``("`P$```````````````@)!@<#!`4"_\0`0A$``@("
M`0(#!`4("`4%`````0(#!``%!A$2!Q,A"!0B,14V05%U-SAA=':SM+46(S(S
M-'%SMCER=[&R-5)CD:'_V@`,`P$``A$#$0`_`._QC(95_G9I.V[VM7'JIP^[
M+/=:)L0NJ[O.U[0>VIC6-.NIH!G9PB[1M:/JR]!@4_6608/1>R<XV:@1XU`5
M.JZ7>F01=)03@0Y3&3'HH4H@8R9O]TY2B)B&_P"$X`;S^'@.=JU1N4FB6Y5G
MJM-#'8B6>)XFD@E4-%,@<`F.12&1QZ,I!!((.=6K>IW1*U2S!96&9Z\IAD60
M)-$>DD3%20'0^C*?4$$'-W&>('*(=0ZCXB`]"F$0$/.`@`=0$/<'H.8S)L]!
M3<3G3@4?9A7#;6S391MCGI4@34"R+RSN:P6E-M@F4"-<;'0.V&<=TY-`7K:M
M+-IE54$5R$SA2*27O[%+>7&TK].GPQJ0&8]2/0%@/3J?7Y9S22QQ>7YC!?-D
M6*/KU^*1@2JCH#ZD*3Z]!Z>IS)V,T[P=.OC^";K_`&!TZC_8&>!UDTB"HH<J
M9"]`,=003*'4>@=3'[I0ZCT`!$0`1$`#Q$`'CSD^7SS<QF`>2'(_7W%O6B6U
M=D(6-W6%[OK:@IDJ<6VFI09O:=X@Z!6E?4CB1C$ACDYNP,591R5T*C6.*X<H
M-W:J9&RN>B*IJ`(D,!@*H=(1+\\`*)G,F<HB7J`"4Y1*8!'J4P"4P`8!`.9J
M\Z016FB=:\TLT,4Q'2.26NL+SQJWR+1+8@9Q]@E3[\X5L0O/+661&GACAEEB
M!^-([!E6%V'V+(T$P4_:8V^[-S&>KFYR'K4++V.PRC"#@(",D)J<FI9VA'Q4
M/#Q319_)RDF_='2;,H^/9-UW;QXX43;MFR*BRIRID,8((Z>[2[C+NJ]T*DUU
M7:M<;;C--DT-L#9&F]A:ZU;OL]>;N7\BCJ&_6J&80MJ=FB6CF:BF*AXU]/PR
M)Y*!;238`,//6UNPN0V+%2G9L05%+V9889)(X5"22DR,JD*1#%-,P)ZB&&:4
M@1Q2,O!9V6OIS5Z]NY6KSVV[*T4TJ)),Q=(QV*Q!(,DD<0/HIEECB!,DB*U@
M6,T`P#TZ=?'S>`_W^'A_1UZ=?1US;(NDH)P34*<4S=U0""!Q(;_=.!>HD-_P
MF`#!T'J'@.=+.[F[C,<OMN:VC=GUS3#ZXPS?:5LJ-COE>HYUU!GY.G5*2BH>
MQ6-%J1$Q$XN*E)N*CW#ERJ@!G;Q-!$JJA5`)D$BR2@G`ARG%,W<4*00,8AO#
MYTY2]1(;H/7NF`#=/'IT\<^WCDC"%XW02()(RZ,HDC+,@D0D`.A='0.O5>Y6
M7KU4@?"21N7"2(YC<QR!65BD@57*.`25<*ZL5;HP5E)'0CKNXS0I@,'4H]0Z
MB'UA`>@@(><!`0$!`?$!\!S7/C/O&,8QC&,8QC&,8QC&,9^=V[:L&KE\^<H,
MV;-!9T[=NEDV[9LV;IF6<.'#A8Q$4$$$2'5665.1-),AE%#%(4Q@8S]&,C7%
M<O\`C?,5B^W)OM>NM:SK2I)[`N$O,HS->;Q]!<H.W#"]L26"*BW%AI,N1@\3
M@K=64)FNS[EN=G"R3]X)6YI#1DDQF8YA+1CDCR.DV3208.D@,";ED^;INFCA
M,#E(?N+MUDU2=XI3=TX=XI1Z@#&?NQC.`[%V?1]40;6PWR=3A6$C,,:]$(IL
M928EYZP217"K&!KE=@&$K8;)-N6[-Z\3B8&*D9#U`P?R!FQ6+!XX08S!/-39
M50UAI"1EK59;57GLY.P]3HK:F;")JJ<M&PYTCY.J5D-@+N63&IP[ET@M*V:P
M2KYI"P5:AI>:F#KQT>X8O(>TO96RVN\=8U>9W[/W_8Z5ST'4VE8A#1H:ZVYH
M:8XK-K+L_>D57HIHS83$!+;>&Y3A=L-4VZ%?G:K5-=L%F,=,K5VT3W;<H-#O
MRZT5:;!C7D?MYPW8T.8;QMA<5Z5E7<RM6V<&_L*4,>!K5A=VANO56E=MDC!3
MKBV(*U=&.-8$CQI<^@4O@(![G3S]/`.@>'F\P^Y[GN!T8RFS9E_OU'U/2XF\
M<@MNUAG%I]H$BPV@96)96N[[CU7M>3A^.E4FY*+@(Z,FI"3KHVF2J.JHF";P
MVS7U4C*Z$#,1S`D#)VX4QY/2%1J[^TLR1UE>UV#=V&/33%%-C..8IHM,,R(B
MLY%(C62.Z;E2%PN*94P(*RO=[YN2"`#Y_,'7TB'3KY_3_P#ST=.F8,+R5TB?
M8+K5R=^C%;HT?3<.,:BRFU6+FQ5J%"QV&H1MB2BC5B7N\'``I,R]&B9I[<(Z
M-;NGCN#219NS(,9G3&8OU?N776Y(Z5DM?SYY8L$_;1LW'R$)8ZM/0SQ]%,IR
M.)+5FWP\!8XY.4AI%E*Q3EY%(M92/<)O(]9RAWCERAC&,8$>GGS"-.Y':5O]
MW>:[J5^BIFV-23ZC=@BVEF[.<)4Y0L';35*=?1K6O74*G,G)%6H:=+3WS-R)
MR,YOU`N8""QF;LT'S#U'H'0>HAYP_I_LSA.O=DT7:];"WZYM$3<:P:;M%=3G
M8-P+N,6F:99)2HV5FW=`0J;D8JQ0LG&*N&XJM%EFAU6;ARV.DNIS?&,ZL/.[
MF;NVA\N^<%5X8\F]O2^Q]+\-MQS%MT+<QK%TAI'?$W3]<3FMF'$72[NA1]DG
MI+CMJEE>]Z[.M<=*6ZO3=ELE6UR\:7225L4+5?.M[GY=3FDZ/LC5/,#>]YT!
MKOMF]`:4U)L2<JM1EK5R]XA[7VGQ7J$RK<=E*T6(E['KBAW"\[_J;:VU>'AA
MNK"!B4)BPNXNHF5D^RSM7:FM=':[M^W-P7BLZVUG0H9Q/W&\7*9:P-:KL0W,
MFF=Y)2;Y5)N@"BZJ#1HB43NGKYPU8L47#URW;JQ81[2_@4?0]FY,*\J-11VD
MJ7<DM>6Z[S=D4@4JUL)QZE.TH<]`SC2/ML7=7S9ZSD(^I/(!*?D8ETWF&,<X
MB5`>XQF(.+TQO^,[27M%-9;.W1==J:LCM9\0MKZ;KT[6Z]6ZCJ=':=FY4Q4]
M0J.E7XIF,FE'0NNJ1\T$].R<S8Y^7[\O)*L47C*.;VD9X)J)JD(JD8#IJD(<
MAP$1*8AR@8AB^CH8I@$!`/$!#KGGC&4+Z'TCN[6':!<JKW8M1\R$*_M7E9);
M`UI9Z#M.BPO$V:JCO2E8JC6?W;1B[+:VR7,G9(AXT,Z;:^GI)JW;P#I%FH,8
M5'*Q6G#'G1:ZOR+FX+B=;=/W?:?!SD=KS8-;I%6U?IRFVKD=,;=UK;J9#UM:
M$W;<+%M<K%@%N6JV[MCK14C*M%9%LV=LVZSF.0OOLO.6Y1VT>-$"PI%%A]7<
MB>1&UM20^S[W/VN#AE8;7*%A@82'C)-C5I"&9[:V=;*?9YC7=8MCN`C+96$(
M6"KCJ:M$G-+U62^W>5FMM,W-C0K#`[/G+`_:49P8*)J^VW.+8N-I6BQTG6L9
M*S4,Q4C(^2N]OJDQ`QB+ER1!@N@G(V-S!P2I)<,^J^(.QJ3-/'KM8\K5=148
MRK<D1HM/&\<'6,V^T&7N224+T`EB1XA'\0.`V?#_`%UI(XY+^P6.*UM;:+&:
MJ,'VQC\\%UJ]Q"*CHA)+-'(R2%_0K4#MWLQ1E-IZ1H-:U+?)?CQ1N`_)J)ET
M5-KV<Z4ER?OUFJMJ@2W&2=7Y"SVJS3UF5G[4V>2*KVN,)UBR>D<1P1<0BA&#
M;'#7M`;GH96+4UYM2;V))=C-QCT/)JK;"@QGG/)6H\I8BX7>M.)1>\)%4ND7
M1&IY5]:3.S,7C!`&B5A?.NC,]W5@YLL564'8-?QS"RPEEA&4ZR83D3:ZE9H1
MN^@:_*-(^Q,)EJU!O+NG4I)-'#!),JD(K$JM)8".CE[W/F/,C5;:3CH&<=SC
M]18%496[5S7]R/K6"DGJEO=U>M3ED?L^["6>Q1%2<+1T,^ZJ+/7]<:JJ,U[M
M2F\Y\5?$'=5O=.^&E<:G+#/&UU;4[-+'=EORR.3:'5[<\@][=>UIEBB[CW(&
MSZM^'NEM+:6.6W2%J*6!_<C6@*Q/22C%&G2N0$JQ*QK(05A9W"CM8J:4-_\`
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M;4*LP]6JU6N<1,2%>O49%QD(PC6"J#2WPTTU1E2LTE9=L@A(*E`SCN%]"EXC
M6ZU*02U4GV)GU[I+UF6)Q0KZ.N;-PO:D6W;G72()'DK"3ON6W%H1/[KGG6_#
MBK8N*(K1@UON^QC>/MA:>,["WM[/NM3MJQFK2KG;N(HX[(C"5:T9K&1/>A7'
MS<T%R,W?V56K=/M-&0BV]&YN'[JY:.U)96%9K-</0[_KV6OE5I=FEIQFV@8*
MKPT1(LHV0;SSI:':M"*Q4A)*,VSE>L7:^J-A<9-?\HN;-$U);^)^H^/7+/C)
MR+XL<9=G7&)KLG;`H-:=:TY:MFM5KUPM<37HO?D7;D2-(:/F9-W:7U50G4&1
MG3V/5-VX>@=.G0.GN>CP\V8]OVI-6;53K:6SM;4/8B5.LC*Y5).\5&`MB=8M
ML<FLC'V>OISL>_)#V!DDX72:3#`J#]NFLJ1)<I3F`?.TG-Y]9%[A/2@EUDVS
MFOVX(VL]TD-NSK)[M*..2T:ZBQ'JHJ*6I(Y+4%.U>C$LGG_#Z.[X/#LI1>KW
M9X=E#K8*-29Q741S5:^PKU+<DT57WEC`^RENM521*D]VK0D>)/=P36SKCAAL
M6R=E?LGCI:K$,3R!Y2:BW1;-H6:;<R;I"/WAR3;3MNG&LH<16=)0=3E+''TD
M4&"!BM8"OE*U;+G+W5H0VBZ[+W%9^R>X6;-XYVWBIL#2^\]2;9M-VVFI56>J
MK&YX?U$6<GKKC)<ZI8[&EL*?V.5RFO#0SE"NOFNO?7)Z[9.3,7B;?LC`'3S?
M_/\`YZ<V5&Z"HD%5%)04U"K)]],A^XL0>I%2]XH]U0@^)5"]#E_FF#J.=.GR
MZQ!-=FL4X++V+FPV=9E>2NVOV%^G-4,T"H6AEKQJ\+"I/%(G;6CBB>%7E[^[
M<XC!/!2@KW)ZZ5J>OUMI62.<;#7T;<%ORYF;MFBLRM%*#;@F23NL222+,R1A
M>LUQ8TCS@J%\X`4&=XY[3BO\C38O:,2&R]EVZYU4FJ;Q(;C@MGRFB#5R0:7:
M2MELITT\G(%@[G'552+5G+A)H5H59%RHPALUX0\Y;-K/D@M4>*MZU!9-L<(#
M4BVU"GUC5VBJQ/<FH[E+IJY+,JG%US>%TE+N>N4M&^FJ^\=AR,98K;!)2*8N
M11<@R<=S/NE`>H%`!$>HCT#KU]WK[N:`4H>8I0\_F`/3Y_1Z?3GL1>).R@M2
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MK$`$0$0`1`>H"(`(@/NA[@_6S3N$#KT*7Q\_SH>/I\?#Q\?'QSCJ>)&]JPP1
MNE:[+"-=W6+QGM2V/HW8V]C"L[33.W8[W)(Y5A:%CY<,J/'*KM)S7/#716II
MI(GL4(Y3L"L%!:]2*#Z2UU;7S-"L,*+YB+522)Y5E`#21.CQ%53$VC-+T'CY
MJVJZEUG$/82H5=!\=DSDYZ<L\HK(3DF\L%ADY6P621EIN6E)FP2DG+2+U_(.
M%%7CU84_)H>223RWC&8#--+8EEGGD>:::1Y9I97:22661B\DDCN2SN[$LSL2
MS,22223F?PPQ5X8J\$:0P01I##%$BQQQ11J$CCC1`J(B(H554!54````#&,8
MSCSEQC&,8QC&,8QF.]O:_1VSJC9VK'$FI"-]E:]NE`7F46+636B4;E6I.N*R
M:,<^$&4@JP))"[(Q>#ZD>&1!LYZ(JG$,B8QC*YX'5G)78&V;BYW13-54Z/JG
M$6;TEKNXZWG7=G@]C67<,M&NMA2\V$W6ZI<=;-:@XU91UH;6[6*N$%Z@N,C(
M);#L$I&EC8R=.OZZZJ-%IE5>KH.GE;J=;@';EKY7U,X<PL(PC'"[?RQ$UO(*
MK-#J(^53(IY,Q>^0I^I0Y?C&,9''>FL;U:;)IW96LU*D\N.H+78I,E5O;Q["
MUBVUV[4V6I%CC_FLB*U;YNES\<A(M)R#L,?6+`DN$=(5>2B@C[(M*Q,CL8QE
M56F=#\IY4VIIW:50UQ5:N^VWL'DCN?4+'8[N(<16\[/MB9F*PRCWM7UI98?9
MNN]2UY"(N56=/9VB3&W=K^MNP[JPH9(]*G(6J`'0`#W/`/$1\`\WB/B/]O\`
M?FN,8S00ZAX>?T?7#Q#K_1U\^5A3^B.2,+9-2ZEAJGK"X:.A.4>P>0_[:HV(
MT/?J^*<_>]\T2BV:@O:6[C8U"8VQ:#T.?W32K/;;(-4;MW#O5A9*X3L_6K/L
M8QD4>,6E+CJAUMZP712.:2.T[S%VTE=:;,V+N]:OA'TN`K3M`VV]LQD+>)J.
M?OXQS(0E2&)C:IK^/5+"51FDV<OA/*[&,8S00ZAT^M_<(#]<!]P0\0'Q#S94
M@\XJ\DYY#0_&F><5"I::TEK+;,?4^36KG$4]V8]G#T1[I"A04WK:TU:(C-6/
M9C5FQ;=)V6>HL]L5I8['`+)-7.M@=1*JUN&,8R./&'35HT91;-3K1:(.SA(;
M4V3<*U\SE684Z(KE/MEC7E:[4VD'&%*R;)P;)3R`)MP%NT*<L<S469,FRRDC
ML8QC(5\_^,-IY:<;Y76-!M5;I^QZ_LC2&[=:R=Y@WEGUT]V%Q[W#2]TU"N;*
MKD<Y9R4O0+5-4EK7;4E&N2R;&-DE)>-1>OHY!BYJO>=G7R;Y2ZA[7Y'DQ4-,
M:OY'\V#UK7&J@A7(7;0]3A=3Z#6U7JO<=0NZC%;:$M99UO=+@QNMCLNO->WN
M"19H4V*K#JLQD9.SG8DSJL?LB[F3RDXLWWBO'<>-XWO43&Y4_;CZTM:>[C&R
M4Z\A)Z@-HAP_!_%R!CJ1Z$D_2;BF9("D=K`8#"("&2<2XS;YAOZ/'J,]>M:O
M"R8YK9D$""K5GMOWF&.63XHX&5>V-OC*]>@ZD8UR[D]/A^AN\@OP6+%6B:PE
MBJB,S-[S:@JKV"5XT^%YU8]6'P@].I],[3;(A6[5JV%1,QT6Z"(B0P"43)(D
M3$2@/0>@B41#P`>G3J`#X9^S/G\=F=VF//G;?/GBEK797*S;-SH=RVU'PMJJ
MTU(PBL3.Q*L%/N%(]^FV@6RQVYUVR"IBIKIF[Z1!`P=,^@*F(B0@CXB)"B(^
MZ(@&>ISO@FQX#LJFLV5NE<FN4A>1Z)G,:1F>6#L<SPP-W]T+'X5*]I'KUZYY
MG!.=ZWGVMM;/65;E2&K<-)TN"$2-(L,,Q9?)EE7MZ3`#J0>H/ID,;+P>UE<9
M"G$L5DV">ET#=-LW76M8PMF5K]`<3%P6=3LC`VJ#CT?]98!G>IFT7"*0,XC5
M6WS0.JLY.]J0*Q+J0-CT_1+78EK5-1CES-+N-6.E'"<F_;)BMIJX6.]4$X-T
M%R(%];+):YMXZ`I`"52<ILY`%VK=!(F3\9@^9QD:D.)6D&Z"#=*MR!4FR"+=
M(HV6>$2I()E22*(B]$1[I"%#J(B(].H^.>D7X7Z.7GFDT$=:D&R)$%GU8;7>
MRHU">FXUM965>M5@KA7WJ"7M%79VR5;P$PY+Y5IZFK;APF\>4NFN8"6&,8R,
M-BXFZMG4F"2`6**;L7^N)16-:6&04A)M[J!G%(ZR^:.-74,>2:U-[!0\LV2:
M/8IT[?LA.[?*)NG::V6=2ZVB-0ZXJ&N85T[D6E6AT6*\S)`B$K89=95:0L%G
MF!;)HM335HGWLI89@S5!NU-)R;LS=!%$2)$R+C&,8QC&,8QC&,8QC&,8QC&,
M8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,T$Q2_NC`7KYNH@'7_OF@
M*$$>@'((CY@`P"(_V=<CWOX1!M5N@B'^E2OF$0Z_YAGY^@AUS!]1$P6NL_/&
M^G\3X=XW3]^H^CKD>.9>//\`1+GK\(_HO[_V6M/6^DOIGW;K]+5Z4_?[G]%6
M.GD>]]G;[R?,[.[NC[NB["T_`SMM`-Y]*"OUBN2>[>Y>;_A))DZ>=[W'_>>4
M3U\KX>[IT;M]9[8QC)#`]0#]XZYKW,97K9*5(>L&:D.M)"^:K.@43>)M@2!%
M8J(D$IT%1.)A-W@,`E``#ITST5:W(WL4[&PA*\X:&D5E$@<GD45BI=QNLOWA
M3*V(8X""(EZ`<O03`/HZ#PC?/TZ@/M4]^/)9P+6?\/*U_7''YO>9#GDWBUSS
M6^-`XA3W$<>@/*..:WW(ZS5R-[GL!J?>XO>I*;6^LGO4_23SO,3O^!U[4[=Q
MZSB6AL\*^F)J;ML/HK96O/%JTH\ZN;?E/Y2S"'HOE)\/9VMT/<#U.3>QC&3&
M'J!_D,TYC.F#^RJ_;*X8_<+O#])=9YW/LZ8/[*K]LKAC]PN\/TEUGFVO`_\`
M*;QW_DV_\DV.:C\<_P`F?(?^;5?SG7Y2AV1/\ICPL^_;%_HY9<^G4G]#3^P+
M^*&?,5[(G^4QX6??MB_T<LN?3J3^AI_8%_%#,Q]I+ZV:/]GT_F-[,/\`9K^J
M6X_'I?X&EGGC&,CKDC,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8
MQC&,8QC&,8QFG4`\X@']N,9KC-.H>Z'_`'S7&,8QC&,8S`>P>3ND-6V1:HWJ
MZ!"6%NR92"K`8*QO^XTD"JG9J^J8V(>-!\L5%0>X5<5"=W_.%*(AUWM=<EM+
M;8L)JK0;D$[.ECG<L9B$'8H_I'LE6J+I?U1*1+)M_FE'C8ODP6\J?RG4A#`4
MXE[AU]\0^\FE;%?L$GGFM-Y/ED`B3S>SL["""&[NTC[<ZXMU3)Y(LUS+W%/*
M$T?F=XZ=5[.[N[O7^STZ]?LSU^_OWM5OZU*_D&>8.J/\+*Q]OXGX\CF<=_?O
M:K?UJ5_(,\P=4?X65C[?Q/QY'*Y?&/\`+S/^*<-_E^ER1O#OJ$OZMN/W]S)[
MXQC+#5^0_P`A_P!LCUD7M\_3J`^U3WX\EG`M9_P\K7]<<?F]YG/=\_3J`^U3
MWX\EF.-?O6<=<H!](.VS%DW=+G<.WBZ35L@0S%TF4RSA<Z:*11.<I`,<Y0$Q
MBE`1,8`&O+F8)]HY``23SCAP``ZDDC0@``>I)/R&2'TQ`\-B3Z`:'<DG[@#?
MZY.C`^`"/N9Q'YOZ+Z;G4PZ>(];)"^'3S]?].]'ISE*:R3A!-P@JFN@ND19%
M9$Y54EDE2`=-5)0@F(HFH0Q3D.0QBG*(&*(@(#EAY1T"]Z,OIT^)2.O3Y].H
M]<CL&5NO:RMT^?0@_P#;(27;D]<:S<+/7FE?K*[2$FW\8V7<C+>J%D6BPID4
M7\B](EY0P!U-Y,A2]>O0H!G5`_9'>Q)7:$[Q)GYAE'Q[J-A]TPR2$9ZI%NH@
MM(:VD!64%VJLJ"P'*"8`4_<[G4>[WNF=BK;7MGW_`.ZV:^-#G65[?#S\6_K;
MB_PUOD#/8L\</%?D/MX<5X1NN:[/8<4?E/BS0;2S0:U:QIZKB/.9]=!WQ4H[
M'94EHU'C(G[R8%[V<%PVS?:CX-Q/7>R[R7>TM)6K[8:K@M@74DM&037>2<9C
MLR!7G:+K*D\RL/+Z`2-V@'H17CV1/\ICPL^_;%_HY9<^G4G]#3^P+^*&?,5[
M(G^4QX6??MB_T<LN?3J3^AI_8%_%#+?/:2^MFC_9]/YC>R%'LU_5+<?CTO\`
M`TL\\8QD=<D9C&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,
M8QC(][CLU@@I:%1AY=Y')+QSM59-J9,I55".TTR'-WTE![Q2")0Z"`=!'J`C
MXA(3(O;Y^G4!]JGOQY+-+^/U^]K?#+<V]==MZ^U';TP2U1LS5+"!]O31PD]=
MXY5#HS(X5P&1BK=5)!S3@%>"SRBE#9@AL1-#=+13Q)-&Q6I,RDQR*RDJP!'4
M'H0"/7/54"ZVR2N,"Q?V"2=LW+I8B[991$4E2E9.E"E.!4"&$`.0I@Z&#Q*'
MH\,EMD(=9_P\K7]<<?F]YDWLQ?V9=IL]MPW=3[797]G/'R:Q#'-L+EF[*D0U
M6H<1))9DE=8P[NX16"AG=@.K,3Z?B;5K5-U2CJUJ]6-M7&[)6AB@1G-NVI<K
M$J*6*JH+$=2%`Z]`,8QYO/G&QN52`>@V>``>O3IZ[,>O7KT^K^[X9(.WLM?K
M_+]_OTZ7F]WE>]V8:WF=G:'\OSG3O[.].[MZ]O<O7IU&:^BKV+'=Y$$TW9T[
MO*B>3M[NO;W=BMTZ]#TZ].O0]/D<HW[0#^,E,_<;3/BTCGN>SM_C!./O=6K\
MYUG./<]7;1_R)E'C%TW>-%J;3P2<M5DW""@IHR)%`(JD8Q#"0X=TX`81*;YT
MW0?#.0]G;_&"<?>ZM7YSK.;I$T-C@L<]>6.>&72PO'-#(LL4B&-.C)(A9'4_
M8RD@_?FN2CQ\D*2(R.NQ(9'4JRD.>H92`0?T$9:;O[][5;^M2OY!GD0;V_?1
M5*MLG&/',?(Q]:G'S!^R74:O&3QK'.%FSMHY1,15NY;K%(JBLD8JB2A"G(8#
M%`<E]O[][5;^M2OY!GD-ME>U[>?N0L?YJ<Y4]XK]#[0J`@$'>\'!!`((-31@
M@@]00?TY,#BA(\/)"#T(H[P@CY@^;=]<KD+O?=X]WKN'9P_N>O\`KQ8O'S>?
M_P!0]/IR^_B[,2U@X_:IF9V3D)F7D:DS<R$I*NUW\@^<&7<E,N[>.3J+N%C`
M4H&45.8P@``(^`9UNB?S?^G_`,9V,^(W\6S3GW&,?C#O+5N=5X(M=4:*"&)F
MN@$QQ(A(\B8]"54$CJ!Z?+T'W9$GC,LLEN</)(X]V8@.[,`1+#Z@$D=?4^OZ
M<]7OGZ=0'VJ>_'DLA3OPI3:@O13%*8HQ;7J4P`8H_P#K$9YRB`@/N^(#X]!\
MX9-;?/TZ@/M4]^/)9"K?7M0WG[5M?SQ&95AO?SI-3_U(X#_$<=R6=/\`)5<_
M9CD'[K9958NV;>27_P!&;_0EO_L)?4S_`/!G:%U&`!J?68````:\I8``````
M!68SH``'@`!Z`#P#.L`O]"7_`.4M^3/G9_U)[5&M/O>TS]&8S+3.?DFMJNI)
M_K;7V_\`QU\B=Q3^]N?Z</\`Y/E9VVO;/O\`]ULU\:'.LKV^'GXM_6W%_AK?
M.S5MKVS[_P#=;-?&ASK*]OAY^+?UMQ?X:WRFGV$O^(UQ+]M/&G_9?B'DJ_:P
M_-'Y-^">'G^Y^)Y7CV1/\ICPL^_;%_HY9<^G4G]#3^P+^*&?,5[(G^4QX6??
MMB_T<LN?3J3^AI_8%_%#+TO:2^MFC_9]/YC>ROSV:_JEN/QZ7^!I9YXQC(ZY
M(S&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&1>WS].H
M#[5/?CR62AR+V^?IU`?:I[\>2S1OM%_DJW?ZYI/YS1S.?#GZV4?]"_\`P4^<
M"UG_``\K7]<<?F]YDW>H?T_]A_5E3&Z9.2AM7W"3AY%_$R3..;JM)&+>.8]^
MU4-*1Z1E&SUFJBZ;G,FHHF8Z*I#&3.<@B)#&`:XEMK[3!);ILW8@""2H@(7F
MU=0$"&$!`?7;KU`?$!]W./V.N+S;OP_Y#9CMQ0"/F5NOV/&SDE=)H9.[JK``
M$2@=.G7T)^W.+QGW2:WD>MA:!Y2^DBD#*X4`&_?7H05/_M)Z_I`SM!*?0S_8
M&_%'*Z1`.IO`/W1_0'^\.39U>X</-6Z]=NUUW3IS0:DX<N7*RCAPX<+5R.56
M7776,=59990QE%553G444,8YS&,81&$_I-]D;\8<U=[6Z]C\'0GKV/R=>OWE
M?H`=?_SKF7>$3=R[QQZ=RZING7Y=1?/3K^C*Y^4P`&SF_0.G^J<-\;ELR[V=
MO\8)Q][JU?G.LYB+E/[9S?[DX;XW+9EWL[?XP3C[W5J_.=9R<'A+^;YP?]B-
M;^Z7(_<L_*1NOQ^?]X,M-W]^]JM_6I7\@SR&VRO:]O/W(6/\U.<F3O[][5;^
MM2OY!GD-ME>U[>?N0L?YJ<Y7#XK_`)PL?X[P;^$T62?XK^3N3]1WG[R[E1Q/
MYO\`T_\`C.QGQ&_BV:<^XQC\8=YUS"?S?^G_`,9V,^(W\6S3GW&,?C#O+6^?
M?^FT_P!>'\//D1N+?XR?]6?][!GJ]\_3J`^U3WX\ED*M]>U#>?M6U_/$9DU=
M\_3J`^U3WX\ED*M]>U#>?M6U_/$9E5>]_.DU/_4C@/\`$<=R6U/\E5S]F.0?
MNMEE62_T)?\`Y2WY,^=G_4GM4:T^][3/T9C,ZP"_T)?_`)2WY,^=G_4GM4:T
M^][3/T9C,M+Y_P#X;5?ZMK]W7R)W%/[VY_IP_P#D^5G;:]L^_P#W6S7QH<ZR
MO;X>?BW];<7^&M\[-6VO;/O_`-ULU\:'.LKV^'GXM_6W%_AK?*:O82_XC7$O
MVT\:?]E^(>2K]K#\T?DWX)X>?[GXGE>/9$_RF/"S[]L7^CEESZ=2?T-/[`OX
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MZ1,`CW<U!XZ:;;;_`,.-OK-+K[>TV$UK4/%3I0O8L2)#M:<LK)%&"S".)&D<
M@?"BECZ`YEW!KU37<DIVKUB.M62*XKS2GM16DJRH@)]?[3LJCT^9&>XWU[4-
MY^U;7\\1F59+_0E_^4M^3/DK-I<C+[;Z!9JW$<$>T5-)2S%%NT*XXPL&Z(J)
MR#)R;RBRFTNXF4$D%!ZF\X@!0ZB(!D'U7N_3D5*'`KM`>ITU"A_L[POG,4P!
M_P"Z8>D0S)_8]U]WAO`-_KN5UIN/WK',K=Z"IMD-*>6H^ET,"6(XYPC-$TT$
MT0<`J7B=0>JG/`\9YXM]R+6VM,WTC7BTL5>2:JK2(DPO7I#&Q`]&"2QMT^YQ
MG:QU/[4NMOO=TW]&(S(6^DWV1OQAS@-&[020KM%I]<?<#>T?!]!U*NPKWR?%
MH%4P>1D*R8.NXH38`IJ$!P@IW#$,8AB]!*<X"!QCZ/+"U]1Z<$^T;Z"8PA_L
MML_,)A$.O_U1]SS],TG[3G$^2\IFXD>.:39;H4Y>1FT==5EM"N++:7W<R^4K
M=@F\F;R^[IW^6_;UZ9G_`(8[C6:B/:C9W8*1F36B(3MVF0Q"V)`HZ$_`9$[N
MO3IW#]/3$_*?VSF_W)PWQN6S+O9V_P`8)Q][JU?G.LY#[>&Q=P;`NB4]7^!W
M:%'8$@8Z.,+OC;%-%?5+5=\HJ`)*[2`PD[KA/NGZ``B(@'7NB(\[XE[JVGI7
M:JUSM_`SM#"Q)ZC.0A?47&R/>+>K)!Y#KM^J339;E4$^ZP6$Q_)]P/G2F.43
M`.2Z\-)8M9X(\1T>PD2GN*?$:%.UK;#"*[7M1QJ)*\M=B)$E0^C(RAA]HS2W
M)(9;?/-KL:T4DU&;=2SQ6HT8P20LX*RJ_0`H00>O_P!^N7I[^_>U6_K4K^09
MY#;97M>WG[D+'^:G.<1V?SJE[DC"IQW!'M'B&CUWJBWE.+*9>I7"2!"=/+;'
M;AUZI#^Y$_G\0+T#O8`N/)NZSM2L\,RX)]HP+V6K\O&M"J<7F*28N7S%=N@"
MBA]H]Q,@JG(!CF$"D*(F$>@#D#_$G@O,=GXWIO=?QO<7--],<0F.SKT9Y:8B
MI5M.EJ0SJAC[:[0RK*W7HAC8,1TR0?'>0:6IPB37V-C6ANFIMXQ6=R)2\\EH
MPKV@'UD$B%?7U[AD.R?S?^G_`,9V,^(W\6S3GW&,?C#O.LN5]OP.[UX%=H#X
M=.O^SM"^C_\`*>6X:'YTSFM]/Z^HT]P-[1P)FLUUM%R0-N+Q'*`.DEG!S@DN
MAL)1%0G=4)T,DJJ01Z]#B/4I;(^:;+7W:%6.I=K672X'9(9DD94\B4=Q"D_#
MU91U^74C[QD9^.T[=:U,\]>:%6KLH:2-D!8R0D`%@/7H">GSZ#)R;Y^G4!]J
MGOQY+(5;Z]J&\_:MK^>(S/3[,YOS=PD(MU'<$>T>*1FQ<MU04XLHE$3JN2+%
MZ>6V2W']R40^=`P>D3`(]W([;2Y&7VWT"S5N(X(]HJ:2EF*+=H5QQA8-T143
MD&3DWE%E-I=Q,H)(*#U-YQ`"AU$0#*XMQP?F$WM$ZSDD7&]Q)H(N><,V$FW6
MC.U!*-&?1-;M-9"&,05Q!,9I"W;'Y3]Q':<DM6W^F3PYM:M]C678OQ_=U5IE
MCYS6+$=Y88@H!^.4RQA!U]>]<BFO]"7_`.4M^3/G9_U)[5&M/O>TS]&8S.J8
MJ]WZ<BI0X%=H#U.FH4/]G>%\YBF`/_=,/2(9=%1.T%D*Y1Z=77_`WM'P?053
MKD*]!/BT"J8/(N&9,'7DU$]@&3.3RZ"G<,0QR&+T$ISE$##8KS784;M?6K3M
MU[+1R6#((94D*!D@[2P4GH&Z'IU^?0Y&WC=2U6DM&Q7EA#I$%,B,@8AF)`Z@
M=>@()_S&<?VU[9]_^ZV:^-#G65[?#S\6_K;B_P`-;Y>->N1NP;'<[3/L.!_:
M(^HIB=D))IY3C,Q34\@Z6%1/OIJ;+(<A@`>@@<A3>Z4H^`4O]JAI_EWR]_:0
M_::X!\Y'8T#]L/YHOFFTG"5H$PLWS'A%^HO56Q5_5@F]8WWJ@"=WU/T1$PF\
MJ4`JL]CGPVY]POV[.-<^Y9Q'?\>X75Y7XL7+')]MK;-+2PU=OQ/G%363R;"=
M$KK%?M7Z5>JY<+-+:@1"3(O61OM([W4<I]F?D'%..["MN.26=3PB"#2T)!8V
M$TNOY!QJS=CC@3J[-6@K6)90/[$<,C'H%.5E]D3_`"F/"S[]L7^CEESZ=2?T
M-/[`OXH9\Y'@)PYYZ<;^9O''>NR>S[YF(4/5VRF-IM2T-JJ!F)5.)0B9ABJ=
MC%M+X9R^7!9\AT00**@D$YP*;N"4>^EQ]Y+'WRE:N_H#DSI@:GZPD[N^]3CK
M@UD&:)*F$U4`;#-^O)8CUJ[LV8/4WK>:2B@_SWJSJE<-X];[2\@Y+J+6DVE+
M:UX=(L$LU&Q'9CCF]^MR>4[Q,RJ_8Z/VD]>UE/R(R%7@)Q_=\>XUM*N\U=S5
M69=R\\4-V%H)'A:G402*K@$H61UZCTZJ1\QF,MH\@+Y4+_9ZW$H5D8V)>MT&
M@NX99PY\FK&L71O++%D4"J&\JX4Z""1``G=+TZE$1RWQ]V98=E-+2M948<#Q
M#R'09^MD<9F'<?H/#J^6!1TZ\H('0)W!`2=TO>`0,(ATQ]LGC;;;G>;':&$[
M76K*8=MW#=N\++"Z2(E',FABK"W9*HB85&QS!Y-0P=PQ>O0W>`,I:*U+-ZN:
MV5":DHN0--.XEPV&+!Z`)%CT7::A5O5K=`>IS+D$GDP.'0IN\(#TRIKPXU_M
M,1>T9?M<M?F!\)SR/GC5EO;.E-H_HF2'>#C/942Y)8%?O;6^YH8`\1$/F*G8
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M3T06/;,L\:HXXLM4V:%LT/862`IZ_DJ9:JY7J+4Z94;#)NMAV'93:XLH.O()
M?,W-A8+C;U)E-D[>-K(>9"0E_*2S47SF>.:)SV\AR=X^QD5>9QYLJKEBM:R*
M,=>GJ`/7J58,N:9(20E08Q[E1&!`];LJ:MF(16N(*5NQIK2R9X&7*R]-9>7_
M`!=J#Z=CK%NC7L8ZK4R2O39594%4F$Y\RQ[TZBE735LNT,^B:,4+M/MTEU3U
MVG*M[5/!&P#IM(+1ED>S1HZNMK!J^!OCNLP<K.R)VTE':[U\M8'5(?Q&SXUE
M1[Y).8XQ-J-*6^VK,VG7<G>6LBK6;C#U^RO&,])I3"TUG=CPZH[-@@R-9;.N
M=,-FF6<F3A"*.E]I:TA-8S;A4J<:!.^SB(-N]CNG7NO552.A<,RI($8SFKSD
MQI:`L;"I7*^T*L6*P6B2KM3BE;5&23J>28SE=K",B<&*1DH8CJRVNNUT4I55
MNDWGI^OPQGBDE/1;9S^#_*[XQ&D;1#H[BH;N8I\A$1<W#L'RDC+$?SUDL%/B
M$(V-8,W+V?\`5]IJ5MKZ*M=0ED?7BJ6=@=0CBOS!&7$D>&=%00FT26>UB,W#
MH0ZJB@09A;(H7*F75-9`OK7W14"1I4<@8J@'2,U<.@[@+>052BY6."^RK!/;
M3B;9=I2IZT)3X/6&HHY\K1K[8*M!PFV]@;&2L-4DHJK51Y6Y.#9V"JM*!<IJ
M4E=E5^8K<;*'6:/H-W*WAC+82D0.4IRII&*<H&*8"%Z"4P=0$/#S"`@(9Y>1
M2^I)_@%_5GYHUEZW1[%AZJ>/O43-LT]6R*_JI^[]3()H>JGSGND]4/''D_+.
ME^X3RS@ZBO<+WNZ'[<8S;\BE]23_``"_JQY%+ZDG^`7]6;F,8S;\BE]23_`+
M^K'D4OJ2?X!?U9N8QC-OR*7U)/\``+^K'D4OJ2?X!?U9N8QC-OR*7U)/\`OZ
ML>12^I)_@%_5FYC&,V_(I?4D_P``OZL>12^I)_@%_5FYC&,V_(I?4D_P"_JQ
MY%+ZDG^`7]6;F,8S;\BE]23_``"_JS\KXY6;-V[38*OE&S9PX(R9)-C.W9T$
M3JE:M2N5FK<SEP8@(H`NY;HBJ<@*KI)B90O[LT,`"4>H@`?SNH`(=W^<`]?#
MH(=0'KY@'&,A1+\TZI`U'9EQE=*[R:L--S9H+9S+YF]>+R-3=_,'6=B(@H5O
ML]9A.+.8"W02*,55Y"=L!9M^V@W$,A(NV*+O)&O^3&N-B[*D=8143<(F6(CL
M1S5IBRU52$K>PFVH;A#Z^VLO29%9RJZ?EH-VGHFOS)):.@U7ZCQ.6K2<]72G
MF2\+C.)K%'7M`H,Y?7,X@QWR/(;<4D-=CF"N[+L6X3FT$&DFW2?+DKM?:;34
MI$^TBT%9HB-7UY`T$##$*KND]_7/$Z"I7(:V\@W4A6U9B1CM@0U5@:C59>KQ
M\&SVE;X"YW^3GSR]ZNC>7M=HEZE7'LU(5"+UO79:9).V>:J<K9YTTLQ8R7/D
M4OJ2?X!?U9AG;6YZUJ5[081Y7K!;;5LRP2]=IU2J*57/.RKBOU.:NL\[3):K
M-4XP&,17X%XY=F+)G>'54:-FC)RLY(4,U9&[DWH8W(2C%I`N]91[5R6>9OY+
M8FGV&VGL:RL%;DZ\O)4-.3M=995&ZQY9'U9%65XA9&*1T`:OZ[(-5528QGJ;
M_P`MM/Z\O5JUM(IVB9N=1JU.L#^'K%67FA=2^PKI6Z%2=?1[TBS>/7V)89^Y
M5(Z596=-O6N#LL)9K"^AZ_)-9)3,&KMC5G;=.:7*MM9)DV5D[%`2D-8(OUIL
M-<L]/L,I4[96)^,,HX*TF*]9(63B7I6[IXP<':@]BG\C%.F3]S#*7[/R&1M2
M%SI6\-KP\Y%"K/QB%SGW>QX138G[<.LMRIW&S,'\C"2=A:/)O6C*$G*\><CR
MN:W)'BX*6K2,+7RQTO=,:V<ZMI1J_)V/YKK!+6N]WNU64D4$$TEK1L2YSEUG
M#Q4"$E,!!P+)[.'BJ_$J2\N[8PC!@C(S$Q)`\E'C&?IW!LVLZ4UK;]IVN,L,
MC7:7%&F)=I4*S(6NP'9D6215590D4DHZ72:E5]5R#M0S>/BHU!Y+2SQC%LG;
MQ'U6ZMNPVCZ6]O\`.TZ[6BMPK>2E;.XHL`PG7%6K$'$O9R>MDPT=S$0L>&AX
MR/<.%T(<):>>G!-K#PDF[4*@/)]I49'9VLMB:V<2"D0AL"C6RDK2J38CU6,2
MM,"_@U)!-F=9N1THR*^%R1L=P@1<R0)&63`PG#$O)#2EOWE#TVLP>PJU5JK"
MVMK9KW4;709*]5[:#*$1]65NI6A"&V+KN23I[.U(QMDLL`E)K,;PA$M:K8TU
MJH]G8J88S]ZG(N@QEWM=,ML/::*E6J%8=H-+E;H5@PHUJH-/>0#"WV6MSS&6
MDU#-*VZM5;3>MI^/K\B\3ET'4(REFJ+U9KSS46RZQNC6U.VC4V4RSKUVA4)R
M,96>#7KUB9(+*+('93D"]ZO8:6:.&ZS=_%O`*[8N4E&SE--=-1,L8W/#V3N-
M]VE;]L;43MS?8-DI4S7E:I7;'KZZT*`U=<8J[ZSUY#V9'95DK;RAPMD92%CM
M<.>@-5]D6J74F+8]<LHZ)A&,@./VGDM"ZFJ^JT;=8[T2M'GU`M%L<%=3\F,]
M9IBR'!\L43`<&:DN9BV#O&$&S=,3&$QC=&,]KMS:55TO3CWBV1UA>PR<_4Z\
MJ6K5B1LSYLYN%FBZNQD'S:-1.6-@HYW*HO9^>DEF<5"Q2#EX[<@)44%_4;<W
M+7],HUN2LU4N<E6IJ;C(68M=9@&,O!T@9FR5ZIQ4C;N_+,I9&.>SEFCFQ#5^
M)L3Y!LG(2;Q@VBXUX\2]_MW7*&V-?3]"<2BL*C.A%@>21:)OE&WK9.Q4V42M
M55VQ%?*GBRMQ[RQ.X5850[QB`0V,MUZ5NVU+QJ&<C-CUF&I6K[&I>)/6]GU]
M+VR)N=W82$6YI=GE9"%V51'!1UZ@E-R-3A)!K-5]O>)"`O\`(1S^;HU7(T8S
MAS_FOIR+DKK%/X>\LW57D9"'@!=5=DV0V9+PVS9?3DW&T%9>:3(=Q#[(@Y*!
M?'N8TMJ2/9O+FBY6H;"1M#.4-1FT[76H6QC`R5?]>8]O(!#3I(<9:/*X*)B(
M/3P,K/0RBO<[JA58N9DV*R2B:K9ZND<IQK)7[,6(4MDY=$]@43YH'&S&FU8F
M2<Z/:.7=_MT7M6=V%`R?*58-CI?Y14A3X2R3E`I,JW3UC)52!EGSF,<$<^H6
M["P#0VIFVCM24G5C295L"=1BUFBDJ:,9035PZ?2;^9?)PU>C3*,*U6V;V3<,
M:M6&B[MO6JVVBH)-\^+'@\78S%6R.9&B]6<H-!<0;0ZLX[HY'L[7(Z^81=%L
M4E5&[*I52Y7!TI:KXFQ3J5<=RL3K^X#7H9Q*+S\PK`2*J,2G'ME'Y<477M*>
M,])Y`V3C8NUVI9-@UI2=K*KVEZAMMJI4QN>"TPMR''C;7+C&-#Q$YR%EM*(C
ML*"UHS.9W*12B4>E(%L*@0V9JW9QK8;EW1Q"W"ZMSJ`=<3]N7[:\;`H1"$@A
M=G%YX_;5T,M"O'ZL@T5A$8UGM!>RIOFS234<N(=*,.V01>J/6\(=A]EE,6'D
M=?M[T3E'9=;QEAV]9N6M'H0:MIMO)KSFM*<17O#:!W>2R3\J16UT"J:\<,[>
MVT=,P:<5*;(8!)RES4JCA2G@QGYICMN.$U:AJ[(6F/WW6I=Y=-H4F_4N7T%<
MDKII)WIFXZGH>R9;;<$V*Z&%@ZU9MZ:B9&<UMU;7LLC>XE_!QTDR;2Z\;<&0
MI`ZB0I2]1$![I0+U$HB'CT`.O0>O3_\`>=;>R_L?MU>]>:6H=UY?M))74H;,
M;!;HOCLQ;VUU/;6V1K/;EMY)T^PV;==QG:#SVD;[1)1\ZY;MY6P/%(:Y25=;
MZT9QK4A7G9(3)Y,A2=XQNZ`!WC#U,;H'3O&'TF-^Z.;P[QA$W0.O3&,^;1VT
M=OML;VH?,!E'6NTQ[-"\T\$&;&RSK)H@4VH=<',5%JUD$6Z)3',8XE33*`G,
M8P@)C"(WI?L66>G)FC\T%)F:F9DZ%VT@FW-+RTC*F;E6K=_!0$!D'3DR)3B4
MAE"I"0%/)D[_`%[A1++#E]V:W"S=7)3:^T=EZ<<6.]7&;B7UCFR;.W!!ED'3
M.IU^(;JA%5V_Q$*R\G'QK)OY./CFJ1Q1\LH0ZZJRJDU>S/XF<?\`BO#;A8Z'
MH:M':W29ISVRI*W"]6WUQ=0<;.-8M4I[O9K(HQ]3(2+P@DCCM$W'E0.Y(L=)
M$R<C>4^(/'MGX5U.,5=?L(MI#JN.57M2UJ253+KWUQL.)H[DE@I(*\@C)@#,
M67O5.K=L;>*<!W^L\5[?)+.QHRZR79\CL)4CL76L*EY+RP*89*J5PT9F3O"S
M%5Z-V%N@ZZ&YD;4IU$H7(^ZDU]9=.[1_;B50U328EVQV;1&6MM8[BVK%@UO4
M]=0K5_LR45IF5K>QJ^^K%!CJQ/6`9!"?:0]*DR6+G3SGRC$65AKV9T%MPNT4
M[,X9V?7]:;1>P9:#I2*&I7:=\8O:`I8XV=8G:;KI2BL05>+?-%6MI1<+E)&0
MR]EY'R3XZZ+A-,<K]E16JJ4SO%NT)OY&PV!.%;&<2!;70ID;<<&ZI3L6B]P.
MT;*6]TQ:MG-J5025L"LDJ0IPS%`\5^/-;:T]G7]352%)0[2\N]3<Q;=RQDXB
MT2"<,G(2A)ALZ3EG8OT(.`9OF;]ZZCWD?7J]'.6BK&!B&[*.622R/X<\V!7&
MMRN-4V)`FS]GN*'!1R=GKLI9V5:>;2C]*T_:4_"PI))A`4:W[%>'9Q[J9GV#
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M4V'9%U2>6![919STBB%=>0#5LU6<M7MH6C$64@VJSE[9(^7]5T/IFD1,'`U'
M6=-KL-6EJVX@(V*A&C5K$+TXC]*JJL$B$Z-SUY*4D$H@4^GJ%-XNFW[A#B&?
MK;Z6U*R*`--=5%N!6+Z.*"4*S(`,)*)>0;]H``G^]WD/(/8UPE^Y59NET#`)
M%#`+&1(EN>J",U+-JSHK9MUKQH7:RU+G:Z^I[N3N=GT\PI+ZV5MG0TIAQ=VO
M0+BX"/?I0\FZ>$IUH4)"@9U2T;AD"M[)V]=X?]L&K+1LG69DSA>LQT*TB+%6
MY-O)36E5*>O$7-BJ16>@Y.!D-AED["S3(R8N74J9UZUN:JU9IPWK6J];W#M$
MK77INC5?UM::LW;'I&AH9E6),S5%#BK642N9VLI1$X]52@FS"/(Y>2*[DJ<1
M!*`L"\##*L;<*Q6J_3J_#U:K0["!KL!'MHJ&AXQNFU81T>S("3=JV03`"D(0
MI>HB/4ZB@G55,=4YSF8SWH=?2'3Q'_MU'H/]H=!S7&,8QC&,8QC&,8QC&,8Q
MC&,8QG`-JOX*,UK>WUFM!*3`H5.=]=;:I;5*&6N,U(]=%28^;5%-9:IF9"H5
M8EC1256AC@5^BFHH@5,W/\>?&,ICUU8-B;%A=-U5KLC9GS=V;E;>X>MSE)WE
ML6]Z[C..>IK+!;$V#-,MF.H>J-]_U=]'1K?441=[Y3F<C&7#;3FE-!G(BB,I
MYUF?@WLNYW:VO4I/8]RV$M(Z/H5PW=#VPXKI:BY)2]UO#*XZ[C6?SB>OG#2/
M9+Q;S4R(>0K,'4:C/E9-7%K=S=LLT`H!TZ>CKT\1\.ON>/@'N!Y@\P`&`*`>
M8/\`'W>OI^O_`(!Y@#&,URL;M,MGW[7E*URUH=W3H3F?D-GK/)B=VD\T34%G
M%;U)9Y:MMG&V8NN6J3+<F5H/$6*B:K&*0A-O.H&8KUIF8NOL'IE[.<T$`'S]
M?#^D0_P$/-YP]P>@AT$`'&,I!ONU;P_O%I6H&]'D;4W>I8BX[9))<E$H>S5N
M59[,T2VNU`NM=MD"E0N#FRGU;E-AT[6Z$5L"0"T6^3L\%).-=.J5$6^/L-X2
MV78-NX\UN?V,O,O)!];=KC4I&Q/QEY^3U,AM:Z-]-R,Q/"QC?FF?.]7)510U
MK!D4+6CY&QE>3!)0LY)RP[I1\X`/F\!\0\/-U#S"(=/`1\0]W-0#H'0/[Q$1
M_M$>HC]<<8S4?$!#W?<\^5&<I+1?*O=N25LU9L;9]?A-3ZA@&-U</]BVL*"&
MVM\7FB-:]'HISJ$U7M65C5&JX61ME_V%5(9V\UU7-QMKVUCI60J?K2K;GF@@
M`]?Z?/T$0\WUAQC*1-([HOQKEHZ6M>T8R^L9*X/M85S5%9Y+;%LEPD/5O)?;
M5>4VS4%6%5:-N6&CZ?KU:GPRFS]B0M+<GK6KKU;)Q1M8$U8Y:[L/,'U@](CZ
M/=$`$?KB`"/N8[H>'AYO-XCX=?0'CYOZ/-T``Z=`#IKC&>)AZ%,/CX%$?`.H
M^`>@/2/N!Z1\,H=VGR%W='<A>2D5!;(M+"#AT=J5X\9`W!6?V/KZE5Q#C^>5
MO,CQT6JYH'6=4I-5?;5N6J-Z1]@LL]M61L$"E:JXWCSPK++Y,\>Z'CY_'S_/
M#_=X^'3SATZ=!ZB'01$<8R@&8Y#[)8;;HD#2-T6>U:LA=M,D-93,QM:0C[/M
M/7TER,HU8?EU/$?,_80YL/H]BKL35LTTMMG@6U,U\SJFSH:QW.Y2:3YW?^7K
MT#KU`?$/'KZ!$/./01#W!'Q,'0?3FG<+X>`^'F\1\/'KX>/A[GV/SO[GPSRQ
MC*M>6<OOZI]H/V8[^F[HN\5HW9>S]T:HVGHJ#KT$2F616.XJ\A]IQ]]N]I",
M=6EXJQL5-I$568'USB:Y%/6KR142E):8;E8P%W?RKY?2?:_4G15TB>3^B^&5
MGUYRBTO"2U-J#.%J]H;0&CZ7=);EVKM=&0DRQ+JF7"R3-8I*2S5,M'CJ=&VM
M:/D)>^NHN,[(G3^[^D?[_=_MSQ[A.O>[I>\(]1$``!$?0(^Z(>@1ZB'HQC.B
MWM_E9V@>JM3\6K[6>2G,2(B.03_D9R@TU4-AOT9+9,QJ(W('C70^,.JJN^D]
M7SBW)GD=8=")7S:#?AY=%M<5:U([AE[`\V%#OZ!!PTGWHDC"<A3"!B][J;NG
M#H8H&'O`4P>@Q`$"F#QZ&`0ZCTZYY"0!]WW/`Q@Z^/7QZ"'7^WKZ?='/+&,_
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g260873.jpg
<DESCRIPTION>G260873.JPG
<TEXT>
begin 644 g260873.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@!!1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?0T%32%]&3$]77U!-4U]"05(N15!3_]L`
M0P`!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!_]L`0P$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M_\``$0@`?P%-`P$B``(1`0,1`?_$`!\``0`"`04!`0$````````````)"@@!
M`@8'"P,$!?_$`%L0```&`@$!`P(+%`8'!@<```$"`P0%!@`'"!$)(3$241,4
M&4%8=9*6MM+4"A46%R(R,S0V.#EA<7)S=+&RL[4C=G>!D;<D0D124V*A)28U
M8]'P0U15E-/5X?_$`!P!`0`!!0$!```````````````%`0($!@@#!__$`$$1
M``("`0("!08+!P,%``````$#`@0`!1$&$A,4(3&T!S4V<76S"")$47)T=H2Q
MM<05(S(T045A,Y'#%B2AP?#_V@`,`P$``A$#$0`_`+_&,VB8`'IWC^0IA`.O
MK"(`(`/G`1[@[Q[AS=C&,9L,JF0R9#J$(94PE3*8Y2F4,!1,)2%$0$X@4!$0
M*`B``(B'0!'-_P#[\_[,8_\`7?C&?(RR1/)\LX)^6<J914_HP,<X]"D**GD^
M4<PAT*4O4P^L`Y]<8W'SXQC-BBA$B'55.5--,ICG.<P%(0A`$QCF,80*4I2@
M)C&,(`4H"(B``(XQF_&?D8/V,HS;R$:\:2#%TF"K9ZQ<HNVCA(1$`40<MU%4
M%DQ$H@!TU#%$0$.O4!S]>5(()!!!!V(/801W@C^A&4!!`((((!!'<0>T$?X(
MQC&,IE<8QC&,8QC&,8QC&,8QC&,8QC&,8QF@B`!U'_U_P`.\1'U@#O$>X,8S
M7&:`8!\!Z]X!W`(^/@(=W>'_`#!W=P]_</37&,8QF@F`.G4>G7_W_P#SKYQ`
M/$0`6,_#*BN6,D1:O6\:Y!B[%O(.VY735BOZ75]!>.6QW+(CANU4\EPLB=XT
M(JDF=,SEN4PK$B8/R3Y&+4I-2'V5K-M&'@>5.Y->;=O&L5:\EMK5/'>%U4$$
MHK2D;8BS@JS<[I>K:Z+?&+MHZF=/U.O7.LQ+<;@E.MY7I^"@K7!3-7LT1&6&
MN62)DH&?@)I@WDX>;A)AFO&RT1+1KQ)9H_C9)@Y<L9!B[24;N6JZK9PF=-4Q
M#=/%XN<<@JL;1SZ0U>XIT/826N)K#REP;Z"C+$G&-X0LLPC'K-PT:._G*U;P
MYC()$(I$HDC%4SL0]`QC,:+IR(W%%)[:D6DAKV!CI6C<))74Z4Y7I54VN7G)
MS9DYJ:V25_?C.MR7HU9EVY;#$1[%A2V)FS%K"R"OEOI"50R+XVWVV7BGVMG=
MI*#L%CUWM;9VJWMKKC+YU1=J1H=H<Q4?-'ABK.V\--C'F;1EJBV3US'-;7%S
M81Y6+,Z,6P[:L%$I5K:V-E9JE6[`TN$`VJMK;S,)'22-DK+)2669U^=3>-UB
MRL,T6GIM9K&O06:-UI>2512(H]<&4^M1J%2U]7(NGTBN0E2JT(DJC%5ZNQC2
M(AX]-RZ7?.?2K!BBBV2.Z>NG+YXJ!/17+QTX>NU%'#A591C.38S0!`1$`];Q
M\?\`#KX=?Q>/3H/@(9KC&,8S:!BB/0![^_UA];\?3IY^GGZ"(=>@XQF[`^`]
M!`!Z>(]X!^,0ZAW?WA^7-`'KX?L$/#\OB'F$.X?$.[-1`!`0$.H#W"`^`AYA
MQC*_'.;M%N4/$S=G+M[K*PZ5Y`:JX]\/]B;NV)1RZFL]96XM[#=I:Y@^,U7V
MMNJ(VK/LKK+;8E9K8&RK=0/H(HU@@=+U)*U-G4,R?P<K8^+N^T!YX5NLQ[`9
MKC!?B:,[7S3/9_\`(/;L?0KO6B;8UMN"U\8F,!,:AULTO%JK](O$87D1+5G8
M,A-[)LT?69?7`&A(&7?6EZWJLSCSAOQ)?;/L^['O&/03O<%UCYV)N6T7.H:&
MXO\`;8RSU9*CV2/LML5@3S<\TL%+00J,TVE';M.5K**,$](O&))M2\CK/&OC
MI2]<U?4-0T3J&K:IH]H@;O3=:U[6M2A:+5;G6+,VNM;ME=J4=#-H2)LL%<&;
M2U1$ZP8HRD?8VJ$RV=)R*!'!6,Q,XV<@>25NY^<]^-^ZT=0(Z]TO2N,6S-!I
MZT8VD]B1HF[IKD3`B39]CLKANC-W)X73+":>,*]7XJOU8\LI7XZ2M)&AY]Y)
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M0_9-$KTZ"S+2V38AH5.Q/3]3#*QJMFC_`+>R+77AJ$?F%?2K[6FMHVMZ0NS3
MU1C]7NT;;/VKJ(E?Z0#58K2Y4G1KB_IG168V5K=(6*TZW4S1E7[E.2')#DGL
MOL[XJPVVHUGF%K#G?L[6NQZW=-"S5%K6BK5,</I2<?UV6I\!O*Y([B91,0_L
MEDJ-F@=G51M;T%X*/FF%4.B]5<2S\8^2^R>3?9R[&VMLM&N1>RX:%Y5ZYL$E
M0496"@).7T[/['UZA:8*.?24G*5P9A*MMI8T<,U('C'RJH-7WH942I9C:]XH
M\8]3Q=.A-;Z"U#2HS7UKF;W1FU=U[6XXM2NUDB#U^>M]?71CO1XNSS,`H:"D
MYYJLG*/(7R8I=T:/*1N'9%:UCK6FU1_1:E0*?6*5*.;&\DZC`5>*AZU(.[D^
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M3MNKFFZ]&IW6`8<<=:2\!5VC)E>]=0TA8JV74]358^@1L_18*.D9B)<5QDV<
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MA.DGI`(S:E*(G+(+K^6KD%SCO/)*W]A9L79>QI6I5#=%SXNPMXV\SA:[8(9E
M&PUW0C9BTT:LM6]M(^KEC8UZ<:U@)B4?V&/*\:2JLA"/4'X(-I8)7C3QSG8O
M8,+-:'T_+PVVK,RNVT8J2UI4G\=L6XQKA!U'VJ\,G$.HWM-D8NVS=RUF9M-Y
M)MG""2R;@JB13AV+<*-2=A5*9H%[J-;N='L<8:&GZ?:8*/GZO-Q"@$\N,EH2
M3;.HN0CS@DEY;-VW50-Z&3RD_J2](QW$G#R]0TB]I?#L:'4-9I:A8@6+?TU6
MFV-KJJRR)^,RQ9NJF9_$E4K:3`QZ5#ISDZ_#?$,Z.KTM4XBEJ`O:1<H5I<C$
M=#:M+ZMUAG1R!Y5UZU)L!#=D;=K59QET3U+C`OJGDQRAX[6K8?'^GZ]XM?2"
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M`M9N']/*JO"PSI)2*3=JJN",R+J'..7^W]"@Y=C5N&`R5E6F6B"E4):E$+(O
M69/E*,T=8U`6+D&U01;@(4+`A7@9'$CH&NR7)&E<2F,*K-2J&/6'RAI\N:(I
M5H*A`AW0T>@JS38(ZI,SO5I3>8QR$G97:+]H7J5]RC?V&9XJ6"%XCR7""Z7&
M-B-4[&B'VP*SS*E:K%&UK7Y![MF32JQ]>!(3CA#8T@SFY"TJIQGHM2A$S.6Z
M5E8!ZA_>8/\``P@'[,PLY.2/"C0-&M5[Y"T75[>%VY-ZPH\S%*ZI:7JV;LME
M0=%/IRC,:1`5R<M.TK+6G;4%Z%7VD3,.JX1FJ_CTXYHR7<H]E\?>4VF^3+&Y
M*:OFISY^ZWL*=4V30;O2[?K79FO+"Y:_/!A'777=\A8"VP`RT<(2,*]>181T
MTR!5Q&/'0-W0(0^ML7J>FT[]#AUFGUZLRJWJ->F%4GR.GZ+7G"3$KBD3&K*U
M.R#([PAJ=>J"(K4N,OH2VZ7J=W3]0XC7J-FU"+:FG/N%MQ$8W]8?&<5O87<L
MM*;IE>48#:<]-LVR"6LF<B<9H)@#KX]W0.XIA\?-T#O_`!B'4`]?IF@G`.@_
M5=_7P*8?#S@`=0Z^MUZ=?6ZYJ.;AF[&<&I.S-?[)+:ST&XUZXIT:ZS^N+>I7
M)-O+)UV^54S5.RU&64:&4(TL$`J\;(3$8<WIF.<*>EW1$UB*)DYN)P`.OU7?
MW!]2;KUZ@``/=W"(B'3RNG7Q\._+YKFJ1@R$USCMS0G$PE'<`C>,@"-P01N.
MX@Y9!BVPBQ4X,7+^&<)1G"6Q(/+*),3L01V'O!'?F[&833//?24.5B8L=LF8
M+.R_)6&J2T!1GDM'W%SQ2C;(^VJ>`FV[OYQ`!G5.M<-3&LQ)Q,G=9.OR9X-@
MM$HA*GRXJ5J@+U5:U=:I)(3-7M]?AK17)AKY?I65@;#&M9>'DFWHA2']+OHY
MXV=(^60I_0U2^44H]0#(L4+M2$&6:KD089QA-BY1C*2V,5.()&W-%JFKD#VB
M:FP(YES`QJVH4;DYPJVDOFL1E.*IB1C&:U-A(@?TDIR6`C<%;E3WY60,N0XQ
MC,3,S&,8QC&8Z<L*];[1H:ZPM)A9NS2;AU2W,Q4ZU8OH5L5RH,9?JK*;1I,#
M."LT*UF;GK1E;:O&(GD(DDB[EDHL\Y!E?#+LLB\>/CC&0O0]-K>XH7F77M(:
MBOFN]<U:[\9$*SIZ2@;#I_T#?5`EF>RKQ=J]I9="L.*U6).L3VHW0/7;$E3V
M38:;)6V.B9`&0V.P3/D`0`>O^\<?[A.80_Z"&:@4H!T```/-ZP?D#P`/Q!W9
MKC&,P@Y9P+-W<]-V;8FHK1O'05:C-L$V!0ZU57VTRL[M+1E1^EQ=)K2<9&RT
MELV,AXB.V36VB$;%6!_6K%<829:UMT<PSM:S?S02@8.A@`0\>@AU[P\!_*'K
M#ZV,9"CQQ:*;$G^%LT?4VQ(.'KL+-[;J^[Y"J6*\6TFL[W9MS)\>N,KO;40R
M=?0Y&4;5-LCGN]6MPEPCHQ9C2];H.+E-R5EGZS-<'@'CX!X^/AZ_7OZ^?\>:
M>07J`^2`F#H`&$`$W=X?5#W]WY<W8QC(:N9,>%;L6_Y>YZ@V)8MF["L>DJQP
MSWQ7VDA+0>HK#/QE+HM2;FV2TCWC7C2VJF^7=CNM_F9TC&"OU9M<<P<2-T6>
M$HD;,KF@E*(@80#J'@/K@'FZ^/0?7#P'U\8R._C[1I%GRZWIL&O:_>T[7$]4
MU8M5R33#G1"3Z^$V=.R<N\GCOI-R^Y!S-A24>V6)V>,+`1]-AWSB(8K3;G8$
MHG!2(YH!2EZ^24`Z]X]``.H]_>/3Q\1\?..:XQFTX"(=`\Y>OXR@8!,'@/7J
M7J'3IW]>GX\@RC&>PJ=?-+4+7^H)JI\\@<\D;/L';>Q#3,!JC=<)$4JYM%QL
MV[&=>DFFXZY9]@773%UHNK&$:^L^MH2M*+!7J-"Z]DV!YS\T`I0$1```1\1`
M.G7\OG$/6$>\/6\1QC,+.#^OMBZRH>SJML2KO:XY+OG9LW!/)6].-A3%TBK,
MXBIU_?9:?<5RLB=_;+2]L4LY01CDFB3APN6/:QD:5E&MLU,8QC,%.TRU[OW:
MO!/DGK_C$XG$MUV6A$9U5E5K<G0+58XY&Q03Z\4JIWA9=HC3[7?-?-+72JQ9
ME7T<E"3L^PD%).,(@+]O`C0..,'R(U?VSND^-6@^3G%C0J/&/4M3HO#JT7&[
M:@VC)\QX#46W[H[MD-KV`V/)R%<UMMF`FM#T*Q*M;0:B\C++1+*[D36)FRFY
M"0MA3T_!5>)>SUEF8FOP<<F560F)R191,4Q24530(H\D9%=LR:IG6621*===
M,IE5$TP$3G*4>L`Y#:`+U`-V:@`!#H(?3,HW3IYNGS^Z`'CU```!$1$0ZB.>
MRZ]AP,DH<V(.QDM<Y@'L["8@@'M'9W[$'NSP;9K)D(N>E4B.818V$)&.^VX$
MI`D;]F_=N#\QS\_&B%LM<XZZ%K]S9OH^W0>E]50]I828@,DRL<70:\PG6C\0
M.H`O6TJW=H.Q!0X>F$U.AS?7#W=G'JS;*M=(LDW3['`6F&.NNU)*UN9C)V,,
MY:'!-RW(_B73MH9=LH()KH@L*B)Q`JA2CT#.0YYRC*$C"<91E$D2C(&,HD=A
M!!V((/>"-QGK&49QC.$HSA("491(E&42-P01N"".T$=F5[E(??'%R![2;CBO
MQ`W3R#GN76Y-X;2T9L77%=B['JW8D;R)H\34F58W3=Y*?CT]6KZVE6Z\;:5K
M@DV8+U)L21K2LJHH1%6-S86D-LTJY[FXGGIG*G>VY=.=F?P<UCI]UQLV9?8>
MJZXY.,:G=*_7]BV)G#7FJM&%=3FX]55E>;!%OX.-@J],-IE".<S\<4]A*=YU
M3;/;/'2F1VN:JUHW(C?6V-4UC9-XO,O5(5_#:M:SL0DE7W;:BS\0_P!H7FUU
M.U2E`U]-2M=);Z3'1KF`F9"9E)5"J=R[(W5QIT+M^5=V"I2K?<%ZKVL(VSVJ
MA:(OEUGIF%L-FMU1TQ6[=>*+2IE(PS5PBK9`4.`G)@ID)0[ST%NP;2!7:_T+
M3N/VTI6&STM$WO568R:WVEBQJ%1NEQ4]NSMZZ#4H.6Y%3HPYEML9$5>BKI^?
M7^`5VXH2O4FQ0AK5J6VO6;U;3WQU%C4+YE'K+S;N)8M]HR*H5ERB.LACW096
MGB_S4D><-6L6W9;<Z5R3O'"N5U5OW6NCK/NJO0%=I-)U[$[IJSG9<?R'UW1-
M+T.7OC79[O<M:O&H;3],2!LQK)$*61VX90++]T?Q9WKK;A1=)^Q\?ML;6VKO
M+FG98O=M=V&[VYOF3H7%ZO;\VA:M=V37V@(#<M$):H5@16MR@5.O6.&5GV5Q
M?3UL:V.+A&D"SF-L?-:!3;PTW1(F/ND!8X1A8(P7/T55*P,&3^"@I=DTL,+9
MJQ'+Q<N\5E7C<8HPF>0RL8X9V%.+E2J,4N>QW,+3:4E$URP6%4LL_1<+.YJ`
MINQ9+7L.Z64N#F"@YV\NJBT@Z_:[#$4V4>0]8GG,?-2ZYXM&+:/"VFG'L/A+
MR@:E-5))ITH*J'2]X(C*L)PTJ#(I5&5?HV12QDE7)I;-ZHWTQ>N$%S8B5\/)
M[IJY7YBY<FRZ=2ETEB0M3@S4ROIF2%@M7-L51;4#5K0V=)O0SF9K@X5TJYPG
MW.SI_`_86[N-_(^[16B^</(6$LM*AGUN=;'IG&*V.+;(:-&*HU9V[8G,32X2
MXRD0]<&@KG9'M3K?HE?DK)+U!NL@X[61X_<C6FN>*0<KM&<F]X\=:KOSM!)/
M?FBZ/(6.V;"DY^\[9L<EQ8V)-5&`N+"S7;7L/6E95&OLXZ94CJ<O.0,VXBT6
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M/@'UOF_)^+PP!2@/4"@`AW`(`'4`Z=.G^'=^3NRQWE!U%\;:V4-/"[2-01T*
M8N6I,=1+I6(I!;.:URFU<I14Q;&&M7BQLH0E&=ZO)[IZ)U60U#4),K6*%@M=
M)+&NEIY24%AZ.$)LC%4HPDQ;%J%AY6J,I1,*]/:6\?)F[\UX_:]QXK\@^1>C
MV'`2]ZT33T*XDTY1INV6VVK+Z_9NF5?MM:G)4[`3DE$%02E(NI/EXJ[R#4J,
M`>1C,1'>I>:E-V-Q,X>[&NMVD;+VC7&7CC6>3TN7:<S(6S5$YP\LT;8M]6..
MD6,D<T;-WO0+^N:MG)^'6:)3EO4=22LM+2"B+Y:VB)2B/42@(^'40`1Z>;OS
MJR.T;IV)VS/[XC=8T9ENBTUV/J5AVDWK46G?)>L196Q&$`]LX-QE58EN5DR*
M#$')4%"L6152*%9M@2NTWCQU2C6H6**7IH4&(I@ES=[2>D=IKI1=8Z*K"KJ,
MTZE:%91&H3T^E6>KHQ)HIJ/`:;5ZU>K76H=J&H*L7"(I5(5&F*M23%BD%MF5
MK3XNTVMT[8=17?N6$M,Y!4L!>T$U9LIOM+@KREU[K"?W76>(.W[U8=C:?I"+
M60V%)4O9>LGVO$[KK^NR$A%L[99]9/%6TNVK2;]*8DF+EX:(]'<H*-EHI=K1
MVW^:+_M8N07&FD;!J%KC*CPXT)#Z45=+Z]Y.6.Q\>]OP6X]@VJU:X3FFM@I#
MJ>HCE_5M6,)UVUDMBUYJY38D2;+J-'5J@0`0Z"`"'F'O#/YZ,3%MW[V40CF*
M,E(IMD7\@DS;)OGJ+(#E9HNW9$BN'*34JBA6R:ZJA&Y3G*B4@&$!C](XO;I5
M>K$:?7LVM/6BO2L-8T+ZHKB!'$3*MJJ#T=@-N+;#IHR4V*G&&\BM,U9^K\(+
MU5]J7[0L5JFH,>^[64M72&VW07:`NU5M$=+6DFI-,PD":I-0)_%#7196>VNP
MY7;,D.<NREN).\)73>_^2G"0]?HNW*#<[O9*WHVF:GF([8.QJUQWI.X:'.V)
M\POT'6DI_6`V>"5%O8SS=JA)@\2]B0X[H7@]R,V8ZX):GY"43DC`:!I>WNTD
M-LFN_3"N6M@A]23R]&E>-=-M[BC[:G9Z.I$TLVD4*Q4H^^VA**;-GE>)8%8P
M%U7]I'R"?[I>_O'ZD.\0\!\,U`I0Z="E#IUZ=``.G7QZ?E]?SYFQX_NIK&O3
MTZE3Y8""6JG:+:\E\.SX;193.3MUW559]8ZS`Q,K*DLY(F,^DP)>3ZDZSUFY
MJ-VX9SY["VPKQ79C/B%?$=BLZ$5;,I/M0D@U9B485FN5&7).,5U'G7"C>6L]
M7<M-5:QX_P"\X$S/M'FNRMA'+$7_`&=3=Z<%74_:I"@5ZAU\-RTM?>"]:EG<
M/9]IZ^AKI3MAVN'9HQ-JL4Z]0:P;CO[4?"'<EZGNSLI5\<<H9_C=6[WSPM=^
M82\/L#BPYH50E4Z%):-U5;*;';OO.PH_5ZMS@YYUK2"LUYDY[Z$UVM=EVT+#
MIFCG5F/R2]_U(=_CW!W^OW^?O[\`4H=.A0#IUZ=``.G7QZ>;KZ_G]?/2QY1M
M8?!G[FO!S)VFRL;S8[K%O17Z-.S%[.>S"PB-B;Z;(6(]`8)28L4E8CY5_)KH
MU9BS%]B250JIC6`BI!K5-:KZS&K-"C"K.L^=<(N+G6EUCI'NYEL=,'")UP@J
M*E(6J+&[VN+=5^[\F;SJ.>9D:$<:N?\`)^'V)&6IHUCP,1E:6E75VK<WE.3G
M0`L>=>'0=D>)PY#.<K]?4>`UE0Z3K>J(+MJOK^HUJD5MLZ<J/'+:`J<*Q@(=
M!=VK_2NEDHZ/;$6<*?TBZA3*G^J..<OQFDV+]RW$0L/FV`9-O++E`Z1DISG+
MXH&Y,VM9L>P,<Z8`FUAEO-;3J5.9G6KP5,K@KFCS$A:X+7"`YB=A%:4K[-OW
M:4P.\$K$6,8S#S-QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QFG4/Q_P"`
M_P#IGR<=R"_3_@J_N&RJVM,S/HZ__;4U]L+A_P",2G@"Q^@?;?K9L>@</RUW
MK7+:C6ZKT.^Z2WGZ;I>[9B^7EZ+_`#OO_3;MB-5U8:7T&Z"[I^E[F!?+T71_
M/">_-TG^-MOZ[]EJKKU\_P#>`A^W&1'=F>^?.[#MT';Y\\!.%I8IE>/7;LJ8
MFD;(!A(#E94""8"@!A(!1,```B/0.DN.1VKZ<=*U!]`M#R@*):(=&)=*E;NR
M!G/;E#!'^([D;]F^V9="X+U5=D+*@PS'(9<^W).4/XN6.^_+OW#;?;_.11]N
M"0A^RNY@E4(10@T>J=2*$*<@]-J4$0ZE,`E'H(`(=0'H(`(=X!GFGG;-?+-_
MHC/ZXW^R-O./_E9Z67;?_@K^8/\`4>J?YIT'/-3/]>;\XW[1SKWX-OHCK7VC
M?^6:7G'7PE92CQ;H8C*41_TXON)']SU'YCGH,?,WA")]FC7`3333+].O=@^2
MF0B9>HV1GU'R2`4O4?7'IU')[L@3^9OOP:5;_MJW9\)&>3V9S)Y1O3SB_P"T
M&I^*9G3ODZ)/`O"9)W)T'322>\GJJNTYA#;.#=(NSFD1T]>;VAKG7N\+3NV`
MU577$+!4N0?6EX]LJM=M)`AWTS(14-?)VT62"5K\M5%6<9-C4G*;V):$54R'
ML^F:5;;,O;9A"2/,.'&HW2AV\DJW0]%TG=;/?J.)6Y""4`1L%NF%)0H#TDVB
MB#17R"(%,;M?&:7FZ9BTAP^TTW0;MDV5A]";((MT@-87)C`FW2(BF`B*/>($
M(4!'UQ#KG\=;A3J)680?DD=@MH<QV4A+TQM<ETJ?9++"M;.QK%NG8H6)W#F?
MK#2U.THTS208Q#Y6)J;ZQP\](TVL.XS+W&,9BI8^(FN)PL21M(V:+1B9C5D^
M,>1[&O8V5E-*,(QKK-62.]B5;`P"O.H=A(*/:58Z;89!3T\S6L"<=)O6BO<.
MG]:QVH-;5'7<:_=3!:U%`WD)Y\B@WD++//G3F7LUHDF[0"M$)*T621EK!((L
MR)M$7DFNDU330(F0.RL8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8
MQC&,8QC&,8QC.A-R\D-::)=P#*_.)Q!>R-I%U&!$0;J7(9*+69H.Q7,V,4$#
M`=\AZ&4_>H`G$/K!SOO(A.TX^Z+3_M)=OYC6<F>'Z"-3U6M2LE@2T/,RJ0A/
M]VAC8\LI1F!\:`WWB=QN.P]HCM5M,IT764B)8LJY><$Q^.Z$#N`8D]DCMV]_
MS]V9,D[0GCJ<Q2%?73J<Q2!UI<GTZG,!2]1\ON#J(=1]8.H^`#F<!#`<I3E^
MM.4I@Z]P]#``AU#\@Y5%1^SM_P!80_C$RULW^UT/T*7[A<EN*]#I:*:`IEYZ
MR+72=.R#/]'J_)R\JU[?ZLN;???LVVV[<#0M3LZCUKK`4`KH>3HXRB?C])S<
MW-.6_P#!';;;^N^?;-.H></\<UR#WE[NW<-1Y#W^O5;9UVKT$P"L"QB(B=<L
MX]IZ9JD*Z<>EVR?U"?H[E95PKT^O654./>8<AM&TAVM6IU4-4F<$2>9.Y^4Q
M@Q2R!R1D>;=H([-M@>W?;>1U'4%Z<F+F+FR,F!>T.7<$QG+<\Q`V^)MV=NY&
M3@]0\X?XYKD%/%G>6Y;1R`UE`63:-YG8.3F))&1B92><NV#U).M3CE--RW/]
M0J0CA!%8I3=P*I)G\2ADZH>`?D#*ZSH[M%LKK/:ITV(B\23S\HC*;%\IYXQ/
M,"L]PVV([?F:=J"]13-RX37&#2HB?+N2(0GN.4D;;3`^?<'/DX^UU_T*O[AL
MJDK?9W'ZPX_C'RULX^UU_P!"K^X;*I*WV=Q^L./XQ\W'R??W7[E^JS7N+/D'
MWK]-DH/9C_=%N#VDI/\`,;-DO>1"=F/]T6X/:2D_S&S9+WFN<7^D-_U5/!5\
MEN'_`#57^D_W[,BE[;_\%?S!_J/5/\TZ#GFIG^O-^<;]HYZ5G;?_`(*_F#_4
M>J?YIT'/-3/]>;\XW[1SJKX-OHCK7VC?^6:7G(WPEO2[0OLXO\SU'/0:^9OO
MP:5;_MJW9\)&>3V9`G\S??@TJW_;5NSX2,\GLSF3RC>GG%_V@U/Q3,Z?\G/H
M)PG[!TSPBL8QC-+S=,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8Q
MC&,8QC&,8QF./*S95JU+I>P7>F+L6T_'2=9:ME9)@22:%1E)YC'NP.T.JB4Y
MC-EU"IF%0/0SB4X`(AT'WK5V6[**JN4,L.6E9F2(B;9B$3(@$B.Y&Y`)`[@>
M[/)S8(2UT]^14),ER@$\L`9'8$@$[#LW('SD9D=C($_5`.27_P!9IOO,;?\`
M[#)<.,6P;)M+2%+O5N69.+#-A.B_5CV18]H?TA8Y>-;>A,R*K%1Z-&:!3]%#
M>6H!E.X3=`F-5X;U#1Z\+-N58KFZ*8A+)SESRA.8W$E0'+RKEN=^_;L[<CZ.
ML5=0;)*(M$XK+3TD8@<HDN)V,9R[=V#LV'<<[\R(3M./NBT_[27;^8UG)>\B
M$[3C[HM/^TEV_F-9SWX/](*/T;7A'YY\0>:;7K1XA61?(_9V_P"L-_XQ,M;-
M_M=#]"E^X7*I*/V=O^L-_P",3+6S?[70_0I?N%S8?*#WZ3ZKWXT\B.%/EWW?
M_FS[97MYO_?/[*_-J7P,@<L)97MYO_?/[*_-J7P,@<C>`_/%CV<[Q-3,SBC^
M05]:A[IV?Q^'?WR^I?;R5^"EARQ27P#\@?LRNMP[^^7U+[>2OP4L.6*2^`?D
M#]F7\>^=:OL]?B;.4X6_D7_6Y^Y1GR<?:Z_Z%7]PV525OL[C]8<?QCY:V<?:
MZ_Z%7]PV525OL[C]8<?QCY(>3[^Z_<OU68G%GR#[U^FR4'LQ_NBW![24G^8V
M;)>\B$[,?[HMP>TE)_F-FR7O-<XO](;_`*JG@J^2W#_FJO\`2?[]F12]M_\`
M@K^8/]1ZI_FG0<\U,_UYOSC?M'/2L[;_`/!7\P?ZCU3_`#3H.>:F?Z\WYQOV
MCG57P;?1'6OM&_\`+-+SD;X2WI=H7V<7^9ZCGH-?,WWX-*M_VU;L^$C/)[,@
M3^9OOP:5;_MJW9\)&>3V9S)Y1O3SB_[0:GXIF=/^3GT$X3]@Z9X16,8QFEYN
MF,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,PTY[_>TV
M[V[I/PLB\S+S#3GO][3;O;ND_"R+R4T3SSI7M"I[]>8.I^;KWU5_NY9`5E@[
M@[][!K3\VT_#.PY7QRP=P=^]@UI^;:?AG8<^C<>>:*_M!7A[6:CPOYP=]39[
M^OF661"=IQ]T6G_:2[?S&LY+WD0G:<?=%I_VDNW\QK.:7P?Z04?HVO"/S8^(
M/--KUH\0K(OD?L[?]8;_`,8F6MF_VNA^A2_<+E4E'[.W_6&_\8F6MF_VNA^A
M2_<+FP^4'OTGU7OQIY$<*?+ON_\`S9]LKV\W_OG]E?FU+X&0.6$LKV\W_OG]
ME?FU+X&0.1O`?GBQ[.=XFIF9Q1_(*^M0]T[/X_#O[Y?4OMY*_!2PY8I+X!^0
M/V976X=_?+ZE]O)7X*6'+%)?`/R!^S+^/?.M7V>OQ-G*<+?R+_K<_<HSY./M
M=?\`0J_N&RJ2M]G<?K#C^,?+6SC[77_0J_N&RJ2M]G<?K#C^,?)#R??W7[E^
MJS$XL^0?>OTV2@]F/]T6X/:2D_S&S9+WD0G9C_=%N#VDI/\`,;-DO>:YQ?Z0
MW_54\%7R6X?\U5_I/]^S(I>V_P#P5_,'^H]4_P`TZ#GFIG^O-^<;]HYZ5G;?
M_@K^8/\`4>J?YIT'/-3/]>;\XW[1SJKX-OHCK7VC?^6:7G(WPEO2[0OLXO\`
M,]1ST&OF;[\&E6_[:MV?"1GD]F0)_,WWX-*M_P!M6[/A(SR>S.9/*-Z><7_:
M#4_%,SI_R<^@G"?L'3/"*QC-HF`.[H;^XIA_Z@'3'E!YC>X/\7-+S=,W8S;Y
M0>8WN#_%QY0>8WN#_%QC-V,V^4'F-[@_Q<>4'F-[@_Q<8S=C-OE!YC>X/\7'
ME!YC>X/\7&,W8S;Y0>8WN#_%QY0>8WN#_%QC-V,V^4'F-[@_Q<>4'F-[@_Q<
M8S=C-OE!YC>X/\7'E!YC>X/\7&,W8S;Y0>8WN#_%QY0>8WN#_%QC-V,V^4'F
M-[@_Q<>4'F-[@_Q<8S=C-OE!YC>X/\7'E!YC>X/\7&,W8S;Y0>8WN#_%QY0>
M8WN#_%QC-V8:<]_O:;=[=TGX61>9D^4'F-[@_P`7,-^>93J\:[:1)-50XS=)
MZ$(DH<X]+7&"(@4I1,(``=1$`Z!Z^2FB>>=*]H5/?KS!U/S=>^JO]W+("<L'
M<'?O8-:?FVGX9V'*_/I-Y_\`)O/_`+1Q_P#CRP/PA*9+C'K4BA%"'*6T]2G3
M4*8/^^5@$.I3%`0Z@("'4.\!ZAGT;CSS17]H*\/:S4>%_.#OJ;/?U\RQR(3M
M./NBT_[27;^8UG)>?*#S&]P?XN1%=IHBLM8=0BB@NJ!82Z@84D%5/)$9&M=`
M-Y!!Z"/0>@#TZ@'7PS2^#_2"C]&UX1^;'Q!YIM>M'B%9%TC]G;_K#?\`C$RU
MLW^UT/T*7[A<JHHM'GHZ'^AO/MA#_97'_&)YT\M6-S!Z70[C?84O]0_^X7_E
MS8?*#WZ3ZKWXT\B.%/EWW?\`YL_1E>WF_P#?/[*_-J7P,@<L(>4'F-[@_P`7
M*^O-QNY4Y.[).FV<J$$M2Z'(W6.4>E-@0'H8J8@/0>[N'Q`0];(W@/SQ8]G.
M\34S,XH_D%?6H>Z=G\'AW]\OJ7V\E?@I8<L4E\`_('[,KN</FSDG)74QSM71
M"%G)7RCG;+$*7K5;"`")C)@4`ZB`=1'+$)3!T#N-X!_J'\WYN7\>^=:OL]?B
M;.4X6_D7_6Y^Y1FQQ]KK_H5?W#95)6^SN/UAQ_&/EK1P8/2Z_<;["K_J'_W#
M?\N54UF;ST=?_0WGVPO_`+*X_P",?_R\D/)]_=?N7ZK,3BSY!]Z_39)SV8_W
M1;@]I*3_`#&S9+WD1'9EHK(V+;PK(+I`:$I7DBJ@JGY721LO4"^60.HAU#J`
M=>[O\,EU\H/,;W!_BYKG%_I#?]53P5?);A_S57^D_P!^S(I^V_\`P5_,'^H]
M4_S3H.>:F?Z\WYQOVCGI6=M[U/V6',`I2G,(T>J]``ANH]-IT'KT[N_H'>/F
M`!'P`<\U@Z"_EF_H5?KA_P#AG\_YN=5?!M]$=:^T;_\`SIFE[9R-\);TNT+[
M.+_,]1ST%?F;[\&E6_[:MV?"1GD]F0)_,X(&3[-.N%.4Y3?3JW9W"0X#]TC/
MUNG_`%\_4/$!R>KR@\QO<'^+G,GE&]/.+_M!J?BF9T_Y.?03A/V#IGA%9@UL
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MGL+N+HJ4(E>:T_>Q=DJ:\H,B+%O/UR1C9!C8(Q==-S".F+Q"4(T.V6`G9Y.R
MW[)UI:VNN4N)?%MI='-;?7%E1T*[#MK&K4X^68PLC9FU;2D"2!H!G.2L?%O)
M=)GZ01E)!JT57!TY(0W]_9VC][1^MK[J?6](K4I1]S;RV3-;*+7[I$U"PQND
M+6S9.WU4I[:7@!@VL_LERW<TNQRQW3=>EUB;G[)`%E;2$.+3GVO^-NV*ARK<
M[VE+Y0;!5;-5]K0\U&#KJ3AKU7X2<DM/GU+K2*L378DA7'-4UW%4>;(1VSIT
M.D]E9"Q3;B*6G+W(2\94RD>^1/K)/XY0`#N`'J&<">=DMV8\>T=/W_#3CTR8
MLFZ[MX\=U)LV:M&K9(Z[ERY<KO4T4&[=%,ZRRRIR)))$.HH<I"F,'7$EV;O8
MY!KV'VW)<7.(S[6<U&0<O7[^I6X*8J4M#VKTJ:O24+/INWD>^C9\KQDI%O&"
MZK:1(X;*MU%2*)F&6%\S:R+-RP?-F[UB]04:/6;M%-RT=LW!!1=-73=8IT7#
M=P@=1%=!4ATEDCG34*8AC`.+M=U[N'6_$")U?K\U92W56]1H4RK/G<H="JPU
MP^=GSHCY]5X>$>G=1=97<%GBL@AQ-*%BR194V_IL%D@)!W!(/SCL.5S`F+X(
M=A?-R=5AXCCWP;D9*\-$7M.;-(.H*C9VZZ$TX2-!*E=^@22AD:W83BBU5.X)
M\XI@ITBGC7A4>S=>=FSV1FVH`UIUAQCXK;`K9'R\6><IT3$6*+3D6R+9PLR4
M>Q<FY03<D:O&3P$3G*H=D]9/4RG:/&JZW9&QN'M@M59JFEJU)QD+I[4_%S9V
MO-=.9I^O)OIG=^QM>R^F(J[7B%8QC(7S*EZ[E+@[?/4)8CRSSNV+`X.U0<PS
M9XOW'QNU_L:!FMM[#V94Z?KR<V7,4(K:B4N9^B1A%L-?:W@*0,K(3Z<9"-7C
MZ:?L7Q(ILVBDS1U+BJDU?+A)^G(R)$D]Y)]9)_'*``=P`]0VS&BU=E]V45&9
M1\E<^*?&&IQ\M8*]4XM[9(2*A&LC:+;+-8"KUU@O)2;9-Y.6.;>LXB#B6YE'
M\K).D&3)!9PJ0@\<V+V9/8\:R8,Y[:/$[B+3V4M))0\?)7"IU^.&5EE&ZSA*
M,8JR3H%Y%\5DS<NA:M07618LW+HY"-&JRB>?&_\`6[[:>OT:W$MHA>797O5M
MLC5IGR2(L!INS*E9Y1XT<>E7:K62^AZ+FFC)5!,BBJCL61ED4':Z@8T<Q=#[
MOV/>->;`TQ)/4IBL:NW5KB-"/VU8-2.*5=]F3.IYBE;==/(*&F/HUKE%7U[)
M%M&N)!):*MK:38-I.!M3-`T>T`D=Q(]1V_#*[`]XWS'1?@!V(L0[V"FOQWX1
MQ;[42*#K9`'BZ='O*$BZ?+1#=>QB,BBO#$<2J+B%247%,%9=):&()I(AVF=H
MU/LN.RIO==BK;2^)G&BUU><;"[A[#7:]'S$-)M@540,LRD6$@NU<$3716;J^
MAJB9%PBLW6*FNBHF3]MHTQO;8]KW?;=DT&2-/L7E"CN/,M0=G4%J:#K6I=P5
MG858G(UO;:E(Q;6\WFU0#+:M[8W:`FJFP9P-6U/&!*(0CRWV/*'BGJ>U:;TZ
MSJUZF0G+I-WG;6S;8[(_0E$&UAW!M.X;2EHEO(M("JL7Z4.[MJD89]'5>M1;
MUPU7=Q==@XY9K%M!)/>2?6=_QR@`'<`/5V9AE9.SB[(2GVNIT6U\:>*=<N5[
M7,UIM8FXN(C)NSN0.9,K:%CGDFDXD%UE2'0;(($.J[734;M2++IG3#]#_LJ>
MR&B[3!T>3X=\1&%SM$3/3U<JCVG5=M9)^$JRD6E99B'A%G1)*2BZ^I.0R<U(
M-&RS6,4EHTCU5$SUN"F3.\ZON6];@TI"1U*9R_'^J6.N['N\BPO,9$6&:V%6
M;.@[H\;+P,E%D5+1->NF;3:+@T#+N9RY7**JE>4;Q%>B9WZ)N?[!UK,36W]0
M;.@XV%<GU]%;08RJCIR1A,OF]HK#5G!Q+1]\[W9S,E)MN*SLJZA6[,RGI\K=
MTJ`IB!([B1ZB1^&"`>\`^L;_`/W</]LC;2X2]ABPJ+W8+?2?!N.I+2TIT:0M
MC=.FL(-&W#&?/U*M.Y)*600++C!"-A3CUC^C?.`3SQ"?.<#O@[]:=DKV9#]J
MW>LN&?'MVS=H(NFKIK46[ALY;.$RK(.&ZZ+TZ2R"Z1R*HK)'.FJF<JB9C$,`
MCUTMQ^Y(6VCR=\M5%>UWE+8-H3]N<SE5VUK<*=7V=NU`_P!6I5B.<6'6-R;/
M-54FJEAZ<=9U25-FV!^A+[*8I0\I8I.N9(QI#7!=/:8U)J0LF>;+J[6-!UT6
M94(LFI+EI%3B*P$HH1PX=KD4?A%@Z,19TX6**ODJKK*`94XDD[DDGYSVG*Y&
M(YX'=B'([A<<9'VD.#,EO<T&6Q.]!/W%$?[/5KI6*4T68<ZO=SJUD7B21IF\
MQZ;5A3MTV!V\F)BM3).!X"_X+_,]T7L.^:DD]$=F=';3U;6)>Z[*UR_::697
MB@4^`A65DGK3<JLZE$9JMUZ#KTC'SLS,2S-JPBX=\SDWZ[=DY16/W9L70W*/
M8?:?:0W59M6:NEN)W'J&L$CJ.?@]M%KFP8[<>S]6V#7VR]O[+HKK5DHXO#F"
MISY+46JZ?#[`K\3%0]DN-^LS^>E0J,#5\/\`G7V;W(7FKRHV%=;EK6OR''V$
MXQ<C]*5*NO\`E.JG,7Z6W!3**T@;!J"JJ\=9"(XI;/6ME3;_`$>[;FK!NZ.F
MZA!MJN[UO.1MDD$XNZ+&0&T)SB-]]HRE$;]G;L".WL'^PRAC$]X!]8!_'.QX
MGC9\SRH--3I0%7[-9G'[V<OD=)(0=PU&PC]LOF=B+4I)+6R,=:D&=Q>H6T25
MA\G7RO7)+)TA7!?GH'I4,OD^R0[-5+RA2X7:$)Y70#"6F)AU\D1Z`/\`I?K"
M)OR=1R'\.REYV.-04/5$T]J=JE=G<_I3G]R#M=PY&H/-;U^<E.0.L]BJ:OV?
MINJ<7*?!\L6Z%2U>SM*:U:0XR4YMO"SR+V%KD/5(1BM(6EBAT#H/3ZXP]W=]
=<83?X]_>/KCU'+2222223VDD[DGYR3WY7N[L_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g519294.jpg
<DESCRIPTION>G519294.JPG
<TEXT>
begin 644 g519294.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@`\1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?4%)/1%]035-?0D%2+D504__;`$,``0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(
M`)H!30,!(@`"$0$#$0'_Q``?``$``@(#`0$!`0``````````"`D&!P(%"@0#
M`0O_Q`!F$``!!`("``,!!@L.#1$)```%`@,$!@$'``@)$1(A$Q06,391%3(W
M<75WDK&TMM(*%QDB(SA!6&%R=I:UU!@D)C,T.4)3>(&1L[<:)35#1$525%56
M8W.4E9>AU2=&1U>$T=/7\/_$`!T!`0`!!0$!`0`````````````&`@0%!P@!
M`PG_Q`!!$0`!!`$"`@0*"`0%!0`````!``(#!`4&$0<2$R$Q=`@4-39!<W6R
ML[05(C0W47&QM18C)78),C/"Q!<F.(&V_]H`#`,!``(1`Q$`/P#W\<<_GJQY
M^7M^/R^E5Y?Y?+R_\^?WA$XYP==;9;<>><0TTTA;CKKBTMMMMMIRM:UK7E*4
M(0G&5*4K.$I3C*E9QC&<\ZX(<"V45`.UTN,/!"D=$L:8#$(A460BN9SAN3!(
M0'I$.7'7E*L(>CO.-*RG.$KSY9Y[L=B[8\H(!=L=@2"0">P$@$@=I`.W85YS
M-Y@W<<Q!<&[C<M:0"0.W8%S03V`D?BNTXXYU4PZ$'$0X@@7%P2M@=F,`ADPA
M$BD#3XZ(N?/9$PI#S<HD["@MN3);<)I]<:(A<E_#;"<N8`$G8`D[$[`$G9H+
MG'J]`:"2>P`$GJ".<UHW<0T$M;N2`.9S@UHZ_2YQ#0.TD@#K*[7CCCGB]3CG
M3C[`!+3C(P4:$DB5=EL#SX^`2A39H.=)B-3X\,Q$C/NR!DN1!?9F,QIS;#[L
M1YJ2VVIEQ"U=QST@M.S@0=@=B"#LX!S3L?0000?2"".HKP.:X;M(<-R-P01N
MTEKAN/2UP+2.T$$'K"<<ZPL:$`HF9QHH.$0L.-M*F%)T4?%2Z[G*6FU29CS#
M&''%8SAM&7/6YG&<(2K.,^78-N(=0AUM:5MN)2M"T9PI*T*QA25)5C.<*2I.
M<*2I.<I4G.%8SG&<9XV.P=L=B2`=CL2-MP#V$C<;CT;A.9I):""X`$MW&X!W
MV)':`=CL3V[';L7/CCCGB]3CC&?/V_?QG'_EGV\<(G'''")QQQPB<<<<(G''
M,$V'M#7.I03=FV=>*M0:^]/:%L&+:<'@H$@D]'DS&A\9\@^PF5.7"A3IOO2/
M[J^F#!FS5-IBPY+S1%G?',&B;.UQ/*4X)!OM-F&-B5HC<Z"*B68+)(7:H"&@
MSQ2TU.(Q-<?L5<',V(`[--B$2QD9LV)6[*2DC$R[G/")QQS65FW1J2F7*MZ[
MMNRZ-6KW<%0$5>H'+2&&6(\LK-?&B$"Q$R8S-E+,$XDL8&2AKU%R464/&8ES
M([S""+-SSZ8H0Q)65C@DL"R#RC<O$540/AJ&\O)25B<MJ%F,.PGWX_[\=:B>
MY,+]\N(8]T5BHR3V&W]FBL28&Y@P>LSJQVOW?JK;E_U=6!!W:>L=!5354NF(
M/U=AD;6!5.NUFN=YMB;`'$5>V6+1U9JAP%@"2-E+,U9N-ONG-NRMB:R&V>@;
M&DUUF35MHT1L@#L^1L0W@L#F`[E7%KF)2/+*''@DJ&5AK@SG1YD2\EUV'/C-
M?`WUYT&U7850:TCJ-JIC;$S;Q]81K>FIK\&V1X;0Z/:(8;Z#?0Z-8H\!AF"P
M:9C()-0V6HJ).&$);P11#OF^MR@V-Q%,V6J5>"8H'1\MKZ.7IRW?SG7>QNT+
M#J;8!>T2Y!##UYF5J5%<M([!2%7`4%(Z"**C,1$G2<V276>[6NXTVWPKB:AV
MHMKW;^V-6HN<(=#$IMP^@W&>%'EIXT7&B!H=BBQT8KUN;!1XP5RV`C<@:."Q
MWL`QNZR]3JU@CG(AZM@#46SA6ZW9(Y8..),6"O-9)9:`G&IL9]LL&;R9+Y;%
MD$R(*,E264L8S.E>ZZ=JFW^L51CVK75(V!IJLP]+`3A6VTFJG:B'AZVK5:F.
MM66:1KP=Z/&KP>NDW78E@=3$9BA2KJH97,0@[EE9%(+CF'4385%V?78UNUU;
MJ[=ZQ+DSH<<[5R\$T+7-&2G8!.#F7`>?:;G#9S+T(A"=RW+A2VG(\IEIY"D8
MS'A$XYUIDR)KH@H?/E!X0&$'S2YDR7FQAHH2*'1W)9`F3(S76(<`?`B,NRID
MV4\U&BQVG'WW4-(4K&M1._=(G=?63;`C;6NI^LJ:DLNX7YBX@?@C5$@8C1`U
M\)CRYR!P#(H?(C3R"2[\-46#)BS'4IC28[KA%MSF';$G.#:#=R+-R!:[>@5"
MS36K_:(L*=6J.Y%"3GT7"PPB1,(.E@JPIO!PO&GF1,)\?`DM2B<".MR6SES;
MB'4(=:6EQMQ"5MN(5A2%H6G"D+2K&<X4E2<X4G.,YQG&<9Q[,\Z\T$#64,6K
MMB$C#]?/#)X4X"-0(A4.9#E8CT`F)+#)S4B$1&D8,A^'/@3&'HLR*\]'D-.,
MN+0HB\DEN\57NY7>OX^P!^P&AG*\6&^)!V+T/V@OVDP%?SV1T+T>U5I:Y:FJ
M!C4@^_1`>OYW9JY7K8Q&N'H4P9?RG7ZGU6^UVD!RMG60Q9_0NT'>S8G<;;^F
M($K0]5&WGPZ],]I>M--M-*N2_P`[&Y[!O1*C$(V^#<8O#M-QG0#D`TX0KU5:
MJ0J,)&A!L9U@Q)-F<S+V;JKPWNKVJ69VWM:=*NOVDX>SJY=(TC8%&T7J_64?
M<K,+(FHVN-@^("UA.SF1T-0ZN'(Z,VUJ#$7%&RDQ8ZT-[>QMKJLDYJ79Z-C:
M#^$G8D:,H&CM@MVO7RCF[@RVI][$4[5ML;G*([&$J9<)7`>!JQ`Q`PER:>8B
MIRZ]*61:*\+G?FRNS_0;K-O;<!`.6V9L.@/D[D4``XM:#DC0^TV0`].'@(3T
MB((8ELAV'\#V'WFXRUK;2\YY>M4^^8[4ZE4Z)7A=3H]9KU.J@5A48+6ZH%&5
MZOBHSC[LI;`P,'C0QL!A<F0_(4U$C--J??=>RG+CBU*R+A%Y;-`=8-R[S[R]
MDMR:V35]?Q-#>*WLPY>.PRMO[$_/-+ZUJE.I!$_U@%Z8%#$T4S1KDHO%?(GK
M9:FV!;1,JB!6U28K2YW?ZG[V=[+QH/HS>]F]C],:K#]^-N7&JHW9"TS7X-=Z
MXU/5`S8TF&`?=MUC)TNU;,W^:KL,0%(VAH=6JDR'ECPX$\7GK(,WQ-;YZ]U)
M>QO>!<"(EA+-:)5TBB`.8I$X;`&*33KE940X,%J5:6P]GM];IM@LS:)K;-A8
MF`GYKDH'.9B;`-:XTQ9*/%UI8J)K0]K@@[[VAT$U5:H3I)!V+,=(I8C5.</?
M`2UL3T/$$-LCG%-2DN3$X2[A;G-AS:WK77,;D,)4LQ0QXZM4?+%7MV*=6IC\
MA7EZ-]Z&P'.DR-BCDA7'14GC'BE+`:]NT)-<PZ&M4F/=0SERM+,_(V;;(IK%
M2O;M6\AC[$'2-I35WL9'CZ]['.GWDN-.0-V.<6:E4Q^;B'XD?:';$34.MK+V
M$TSHZDDA7B`X*]K2>N`4B@=K!G5BS#*=2'*6'M1B-7:H*O@<F5/V]JJV!PC-
M;#$ETHH'C^]FDX!U6\0"Z=7>G>M:$Q>M:TBG5#P0)_933[-N'B&Y!SL<+VSL
MFHB18Z;-(PLVJ,F+#K$9ZC0&G'W)$M$EQ;>)G/3_`&C4VCS=8K5?N>M]5EZ=
M0Y`Z?3PMGIU/(5FFRQR<01,VM#2PQX17),%*TPQTD4Q"<BX7B-&6C"L(S\9C
M4V@#C85![6VH##>L6)T&NX+TRCD&]?1RT131.(%Q-&/(J31*`XMN?'@X'(FP
MUJ3(0ZPK.,W'\8Z;=6--VE8XZDMT7)H(746`O@L96:!XD%$/DD?%D(ZCVREU
M>K!"]M&&**00-^8T?J-ECQMNJ)7VV4Q4BL2F\]W)+#CHYV.C=<?%&QDE)]F-
M\36V+4SV.O2S2M=.ZG+1?;GLEV9[#3]9E.U^L^LJ*1UWZ=VBITF3K+7I\WV0
MO79+1.+_`&2]C47HY`*NU2JW>:FLB:KK*8AYZ:%D02I5M4E250<Z']@-IL,>
M&R]?+M0NTM\L&WO$N6B+<J>'L&_-2F-:ZVVN<12P6Q2-CL=QKUEVN5#-OO.S
M1L&='HA@;188R;7Q<.9(]+%ZKW7@39-262Z4'7$ZW"SU?IFGCTRA5TU8ZD0+
MHDMA8M-*Y$22=2'>YPWFTRP\@</B(2E.7&\+3C.3`-<:2KTN=?:S1-7`YY(X
M3N).Y`JM4!DV?9",'(4Q:"%B'#V'Y)R:-1D23.2)JR$F$C,"9+<83EKEL-7X
M>.M<K0Z?@BBM4Z\3(F0X^,PV8</F,7++X['39>D9:L91F5D<Z9LL<E<X]CO$
MWM+/J[1^9DMTK4NH+$LU2Y/(^5]C(R">I-E\+E(X_$I+;L?$^M7Q<F+C:R`Q
M216/I![?'FDN\V]6\4;MA!UO0=H-[XT]NTYV!Z9=T.Q%LT]4];@!4KH_:=":
MS+7JGI,3!A.6>-U<?:68^J;<)V_F,9+6J.J4*)Q<9D#46!=%.U?:>\]E`FEN
MP5YU=L,5L[P]]'=U04JC:W>UW+H9O85IS4B]%95FWV=5L`^CR*)L!%L;,40\
MV8D&%!5[U38=70774?MK9.OZEJ^A0K[;Z+!ONXBM?UO6(+%G`V\P;"A6MB6.
M$+C_``H*6A\59Y,449<+/R1PTB0GX8CRH2B&=4,KJ>QUNL;7IL6K1Q)FC5J(
M#LC8@8%G1*20BPS=?KC[[D:+.##6&R$20S692XS(^4\A/O!F0K&,V^3U-@;=
M6W7J:8J5'V89F"T(Z39HGOLFQ6='XO2A;#XG$64N:#HGW8H&SVBZ:><&YQFF
M,_4MU;-K4]RS'7FB>ZITMV2"2-L#8;+)#9MS/F\<D:ZYRV#*VE+,Z"H&P0P%
MOF#VKVBV?U4[0>+)M?4&^=6URTT;MAU2)(ZM6.F@K!<>T*[IK74U#E5<05>+
MM6\1GZ%R)3`!^AAI!6(?B2)1V:H4Y%A8L"TUW<[4WON<GHB<?KC&SM2=G-WV
MW=]JCT/#<&9T?!4ROVS19`>QB1@8,M6R+!LZG49XY&<S)9^"EA*)A(D2\MIM
MIM6O-!-''-EW&B:GS:*1F5L15Y/U"GOV2K+'C4L2[FW89PMPR(?CB!"8KI]J
M4P^B".3&Q+PU$0VW#?3U6Z\Z/W/=^R9?<=XVWM'N.(U]-&72Y``41NHZ8%'J
M@"U;21HRGTJHMT^IC2F[J7'D%+M"5;3CY<82MA*0X(E26+NQJC`7L?*VUA(#
MD*V$KTZ=B2*!TTN0AQ^)P]9[I(*D8DJ4H*N3R8\<DDGEM6ZE5SI8*415K7TQ
MJ&CD8C6S5@8^QF9;=N&.6;H(L?)>R65LL:RS:E?%:ORV,?C=J3&5H:M6U9:R
M*Q<>XQ6[*B]*7CQ7ZQ2.]?P&)]?1_2]RR=:*?O-X,C0Y_<C^QRHS=AE,"V2D
M4H[M6OT+-;1!A%V9A@14I;YD3%C893/5%GI;VZM&@#W6_6PR_"@'139G?/Q"
M-;ZDNVT?2T'=ZP:RUG$N6C8-,V-:R4=L?3HNR,70-1I[\R2@[5!,<0)]0Z''
M]'H\V-J?5VX@2*SMG7%$V=6T2,3&Z_L&HU^Y!FYF&78^);8NQCR4-F6EAYYE
M,IIE$E#;CB$NIPK.,ZNU[U)T+KO4%7T+%HL&Y:FHIC)>BTW:[KFVA]+5'G/3
M@8^M.[#Q89@X74EON1:9$Q(<S5!F&1(1Z(.C1HS/RKZJQ9P[,?>HV[(;4@Q_
MB9DA?CH!%2R]?Z7Q\;V;ULJVQ>KW"',>R:9MM[IVF>,0_6SI3*_3#\A0O5:Q
M-N;("ZUDS,A8=)=Q%@XC(O:XBSBGUZ%BJ"Q['PQ.K,;`[HGNEH!+^*COJV]-
M>M6P16[F*)O#8VNNYF["1FO:]Z[0=9V*AZ+W"=UY2EGBO8#8E3'0HK?O8)%(
M5#5K5EV?:VITLM%9`MP6\D-J:U[6=].XL[?S%-WKK'2-,UET3ZI[\)#:]I5=
MTNQ._P#9/J\7V(4#5@]+O(B17`4&QP2A(;/D,%K%#<2#'CW/0Q/DRK[2FDM-
MG(M6@FM3:S,0Z.3GFZ7%*4*ID(U0,E7'G29>KQY8AYFOE"+LA]R?/$-PY<Q;
MSJY+SJG%YSE8.G5*LO2)%<K%=`/RQP41*>"!!8EZ0*KD-0^OC7W1\2,MZ`#@
M+7"#PG%*C"XBE1H#4=A66\U3:LP#8;7B.E*4%J2Q=FJ36(<=:;39:S,=YD/)
M)C^2PV#'1G'0.ECWK=(Z2OR-'(:(=(Z@?/6\?U9?GJ,K48+D->?(577'U,.^
MDZ<.CNM?5=/D7C(3M@D`M=&&3ESCN/)]K/O+W#J75OP_M:ZWW^+MAC:O6'8N
MV9FVWF>N3IN/;Z('U_%`Z"N5K[,[EJ%#-2J-\)95MW/8,V96\;(&G09PJN`F
MH18BJSGJ]V8[I]ANY<37EHNFG]:ZWUOU0ZF;ZW#KFLU(-L@M8[UO&HW5L[4:
M/M<1=902)1\GA*;+"MD)%N7*%#0PD)(=BERAI%H$_K5UU*51=#)Z%TN1H[MD
MF7%VFSM5T275';<1\\D+2Y7)`!P.NQSLYSF8<5"R4E9SGW>6YY\V6*J56!SG
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M`R"6KER-J^$PE0W,`Y*KCA%77UGT5<854ZG[`/TT!0;($A;[NNP*6D<^%)Z[
M?["GC^Q(^I!;+\5Q^<.UJ=M3]3?=3(@B)R@>#P>`Q!G0XC%BG&,8QCRQC&,8
M^+&/9C'^+CA$Y5IVFU7O&/'[)56DZ?J6U:3W"LNJ:^8O,68AJVZ-@$JS1-+6
M2VV.B/,_1395=U7`KR-O5'%*/CS\4T1-0UAA;0QVUS[2^,XQGV9QC./FS[?B
MSYX_R9]OU^$4/M'5/;SV[=T;0W12AX0F<2Q2]:RPES"6*OA-1U2S'Y%7"Q($
M42+.XM-N?)R=C;`,&48:CF"XRB!L2PM&'FS4P>..$7\SCSQ^Q\>,^W'G\6<9
M]G[OL]F?V,^6?V.5%5W6/9"F6#K/IZ5H:K2PG5O7FXC]5W=2[7$&CMKV!C7I
M/3M;H[33PQPMI.S;(&;&>VS<25L;M=<<M-&<&"25IGY:,PK=N/+'GC/ECSQY
M^6?V<>?Q^6?W?+'G];A%%CJ-JFZZFUS8AE]=F/G[3LV]7KW0[;L["NJ1EEG1
M5"(U[V`D4#CVZR0($)F`U+A"V8(.M1:[3HLTXW6OA`5E/QQPBT5V3UO8=K:@
M/U"J)J[]C0<U];PPRZL27ZC89^MMCU'9#%2LRH;<B5$`W!53^"Q4FS`+*$Q"
M[A7(0XB$H/.K@NW7/LCVK,]F[,9J]3ZUE".:U08.MK@$<VQ5=XHU[J+8#VNM
MFV&ZU.V4@7+'0;_N5.0\1,(K/!3]15QRW@Y$D:*$P+E./+&//.,8\\_'GY_V
M/;\_L]G"+&J8-,!ZA5A-AF0"!\77`8XW/%0Y(X9-+PAD6*2ECA\P@6EP8,B8
MT\[$B2BA*1&86VT]/EN)4^O)>..$59'?3KIO*];AZ9=I]"4K66Z;9T_N.YC<
MKK]MJZS-:`-@C]Q:L<H";14=AMTW88NJ;6UW,B1W:E*L%/D""("S74,X=K,F
M?'*8KZZX^&OL"P=;/#/OYS4FNM;;_P!+=^;OV^V/6[-56*G8NNFJ-Q[-[%;0
MV5U8U`44'+F%TZD7#9%2""QHLF'I&QFZJU?1WO49)"14^CSG\QC&,>6,8QC'
MQ8QCRQ_DQPBXMIRE"$Y^-*$ISY?%YX3C&><^..$53UBZ`$KJP;KAH/K^2,^#
M?8G4.;9:8S1&UV+6VW]VU+?@0DB:($.3'<9R_<]:7D$5F`G2LN3/N421)BDG
M1I7N+=T$.2K(R[47M1Q*QFTVR=5FS-9,8*]?HUBW-7-OYNFA8XM*1M?OK[XT
M@-FM17*M#09C4VU-'7XM;(U2PVD\<(JF[)T@W781MB"E36GS(X(.9":B<6NU
M#Y(J?#W9?]I@MD7`>8J=XJIF?6QEEK@!>K9E<L%.M;X:Q2"MB'0+*)'U'ZQ/
M0F_V+;]TO.Y3>IKP!M=QUI8#L-NLJ:8O+.L=OW/8M>6=I:*N+KPI(X'918"`
M-)F-C$E&`T^Q%;H32>2,$6L\<(JB%>';<8MJU@_A>E;17J(_1I;9FSCKHUL"
MN`*#KG;NMT:CUX8@(?36M?6H9?P\B3,BSH3U72N^1XM9L<RQ@C%8W:SU-O6.
ML6N-.$7-66"5K;9@F[PM<6$8_-U/9J4`L):<!U+=R8NI`I%J2(&D($YC9)/6
M;A$E=JY7[?9Z;8B<<C)*6%<<(H7]7>IL+K\7DV>;\!R-J*Z<UIK8F8K-32"?
M853+OMZVNAA4J6[.+MT,(+V#5J31PLXI*?&5B@`HDK"6X0^/&AGKCPW;S1J?
M4($RN=4C4FA#=4UN5K/%*M+&F-Y-ZZI>WJI)V1MX//'%G<;*F2]J03H>4L'>
M,BW:.Q$GGC+IL,1U_<YQPBIZ@^&O<F"4D8:OXJUB3M-UMKRP7J::MXBU8UBW
M2M4ZUWIJF%3H\`F,GU;8%.U]9&*=,.W^:BCR-@3)2ZT5LX-B[$_LM'1'9V;S
ML4V&@:9?AWT=MC7CEU$!)\';1FI=@NSFKMP&K-L8P94@3,?T70JF?J=`$#EV
M:0:(L5:0+S10Z)(`;;SQPBXIQY8\L_LJ4KZWJ5E7E[/9[//R_P`7.7''")QQ
MQPB<<<<(G'''")QQQPB<<<<(G'',!M.R*_4"#0PJV27)>B(FHS#BMOM>XN.O
M,IPI:I#6<+PMA?FGTYQA.4Y\\^><8Q.9SN'T[2=DLYD:F+H-DCA=;N2MA@;+
M*>6-A>[J#GD;-'I*NZ5&YD9Q6HUI;5AS7/$,+"^0M8-W.#1U[-'63Z`L^XYI
MS\_*F8_VD[_W<S_/.;6'3F2@^"2C8<Q'(1(\QC#J<(=PS):0\WAQ&%*PE>$+
MQZDX4K&,^>,*SCV\QV!UII35$UBOI[/XS,358V368Z%EL[X8GNY&/D#?\K7/
M^J"?3U*XOX;*XMD<F1Q]JFR5Q9&ZQ$Z,/<UH<6M)[2&D$C\%]O-1EMRUH.3(
M"I,`VY(&RWH;ZV(\-32W6%90M32ESFU*;SG'Z7*D)5G'QIQS;G((7GY9VK[.
MD/\`/9YK+COK[4/#_!X._IV2I'8OY=].P;=5MIA@;3FG`:USF\KNDC;NX'LW
M&W6I/H/`8[4%^[7R+9G104Q/&(93$[G,\4?60#N.5YZMNW8J2(W=%9*$8`UB
M`<;?(3(T)E;T:'AI#LIU++:G,HGK5AM*E8RO*4+SA/MPE6?9S;W($5'Y65C[
M/B?PYGD]^?'@-Q!U'Q`Q6?MZCEJ2S8_(UJU8U*K:K1%)5$KP]K7.YG%YZB3U
M#J_$FK7FG\=I^Y0AQS9FLL5I)9.FE,I+VR\@V)`V&WH7R$)B!\";/<0MQN#$
MDS'$-^GUK1&96\I"/5G"?6I*,X3ZLX3YYQYYQCV\TIC?5?SC&?H&;]N,9^,?
M^S_]9S;=F^3E@^PA7\`D<@`CZ1/[U/WL<C_'WB;JW0&1TW7TW;JUHLE2R,UL
M6*5>V7R5IZK(BTS-<6`-E>"&[!V_7V+(:!TQB=05\C)DHII'5IJ[(NCG?$`V
M1DCG;AA',26C8GL4T*?LT7<B;PN$.(Q'6(3DY3LO,7W)3;;S#.4)]PD.K]>5
M/ISCS3A/I2KS5Y^6,[*Y$[1?RNG_`&`D_AX_DL>;"X+ZLS6M-#P9S/30V,A)
MDLA6=)!7BK,,5>1C8AT40:S<`G=VV[O2H]K3$TL)G9:%!CV5V5ZT@;)(Z5W-
M+'S//.[KVW[!Z`NH-G1==@J)&)/O2&EUEC+WN+[_`).OJRAI/HCMNN?IE8SC
MU>GTI^-6<8YAOY[FO_\`EW/_`':5_F7.MW5\B7?LJ)_"%<B%S67&+C=JKA]J
MZ/`8:A@;--V'I9`R9*MD)K'369[D;VA]7)U(^B#:S"T&(N!+]WN!`$HT=H?%
M:@Q#K]VQD(IA<FKAM:6NR/DCBKO!(EJS.YB97`GG`VVV`(),^@%F"V>._*"3
M,S&(S^([R\QY,?T/9;0[Z/3)994K]3<0KU)3E/M\O/SQG&.^YHK0OR?.?9O'
M\GP^;UYO'AWJ*[JW1F`U%D8JL-W*5'SV(J;)8ZS'ML30@1,GFL2M;RQM)YYI
M#S$G?;8""ZAQT.)S.0QU=\KX:DPCC?,6NE<WHV.W>6,C83NX_P"5C1MMU)QR
M$7:BTV>OV.J,@K$;"LR`A!U]D64F0&GW4$6D(<=;C/-I<<2C.4)6O&5)3GTX
MSC'(M8V3L3.<?U=V_P"/'_O$5_G7.7^)GAIZ7X::ZU#H:]HK/Y.WIZS6K37J
ME_'0U[#K./IY!KHHYOYC`UEQL9#^LN8XCJ(WVCIC@KE=3X''9ZOF\?5AR,<L
MC*\T%E\L8BLS5B'.8.0DF%SAMZ"`>M7!<<U[J>;,(ZVI$XA*D3ILNLB7Y4N6
M\Y(DR7W(R5.//O.J4XZZO/M6M:LJ5GVYSG/-A<Z_P.5CSV#PV<AB?!%F<5CL
MK%!(YKI(8\C3AN,BD<WZKGQMF#'N;]4N:2.K9:?O574;MRD][9'T[4]5SV@A
MKW02OB+F@]8#BW<`]8!ZTXXXYE5:IQQQPB<<<<(G'''")QQQPB<<<<(G'''"
M)QQQPB<<<<(G'''")QQQPB<B;O3Y7P/X/Q?P\CR67(F[T^5\#^#\7\/(\T#X
M2OW86_;&'^9*GW#7SHA[G<^&%IA7Q9^MG[W)ZT[Y)5G[`B?P%CD"E?%GZV?O
M<GK3ODE6?L")_`6.:<\%'SAU9[&I?/%3+BQY/P_?+7P(UDG((7GY9VK[.D/\
M]GD[^00O/RSM7V=(?Y[/)QX5OFMI?^X9?VRTL'PH\K93V:WYN!?/4?E96/L^
M)_#F>3WY`BH_*RL?9\3^',\GORW\%#R!JWVS3^1"KXK^4<3W*;XZZ2S?)RP?
M80K^`2.0`1](G]ZG[V.3_LWR<L'V$*_@$CD`$?2)_>I^]CD6\+'RQHSV;F/F
MJ*RW"?['F>\U/A3+=.B_E=/^P$G\/'\ECR)VB_E=/^P$G\/'\ECS;O@U_=A5
M]LY?XT:B'$KSIG[G1^"%J3=7R)=^RHG\(5R(7)>[J^1+OV5$_A"N1"YSIX3O
MWE0_VSBOF\HMC\,?-I_M.U\O34H]"_)\Y]F\?R?#YO7FBM"_)\Y]F\?R?#YO
M7G6O!/[K='>SI?GK2U%K3SIS/>A\&)0$[?\`RHIWV`)_RHUR(:?CQ]?'W^2\
M[?\`RHIWV`)_RHUR(:?CQ]?'W^?C=X5G_D)Q,]J8K_YK"+LSA-]W>F.ZV_W2
M\K;--_4LH'\%`WX*GFR^:TTW]2R@?P4#?@J>;+Y^V?#O[O\`0O\`9VF/V2BN
M(]0^7\W[6R/S<R<<<<F*PZ<<<<(G'''")QQQPB<<<<(G'''")QQQPB<<<<(G
M'''")QQQPB<<<<(G(F[T^5\#^#\7\/(\EER)N]/E?`_@_%_#R/-`^$K]V%OV
MQA_F2I]PU\Z(>YW/AA:85\6?K9^]R>M.^259^P(G\!8Y`I7Q9^MG[W)ZT[Y)
M5G[`B?P%CFG/!1\X=6>QJ7SQ4RXL>3\/WRU\"-9)R"%Y\_AG:O8K_9TA_<J_
MOV?W.3NS\6?K9YYRNQ-MM<3?.XHL6T6.+&C[$LK+$:,=*,1V&D2_)#3++4M#
M33:<9\DH;2E"<>S&,<Z@XA<&KO&BA0PM'.U,"_#W'95\]NE-=9.Q\+Z?0M9#
M/`6.!G#^<N<-FD<NYW6JL'K>#0\\]Z>A+D&W814;'%,R`L(D9/SESV/!&T9;
ML`#N059_4<9^%E8]BO\`9\3_`'*O^.L_N<GOSS;:.MULD[IU'&DVFR2(\C95
M*9?COGBKK#[2[#`2XT\TY+4VZTM.<I6VXE2%ISE*DYQG//23RCAYP5O<%J>1
MQE[/5,\_-V8K[):E*:DVNV"$5W1O;-/.7N<[ZP<"T`=6Q[5[G-<P:YF@MP8^
M;'BC$ZNYDT[)S(9'=+S-+(XPT`=6Q!/IW7267VURP>7_`"(5_`9'(`H2KT)_
M2+^E3_<*^;'[G)K[;4I.J]EJ2I25)U_<U)4E64J2K%;)YPI*DYPI*L9QC.%)
MSC.,^W&<9YYB62)#W%G_`%P(?UEK_?";_>T_]/SXZ\\'J;C98QUZ+5<>G!@(
M;%0Q/PKLJ;7C\D4W2![<IC^AZ(5RWE+9><OWYF\NSJ\-Q(9H1D]=^(?D_I%[
M)@YMYM3H>@#F%I!J6>?GZ0'?=G+R[;'?J]!&C,*Q;I_FE6/]8)/MRE6,?V>/
M_9SC')8<I-\."7*?W?:$/RI3Z,:R*JPA^5(?1A7PEJ^/5A#KJTX5C&<XPK&,
M9\LYQY^6<\NRYG]&<,Y.$N$9H^3,LSKH+-B^<@R@<:UWCQ;)T7BSKEX@Q<O*
M7^,'GWWY6]BL<KJENL;C\VVD<>)&1U_%G6!9(\6:&<_2B&`'G[>7HQMV;E1U
M[0W8-K_5DFQ'DSECVS]?AJP.C)ER?=IDQ;3.<-+>CIRC"\?JBO=/-./;A.?/
ME;_]%1K#^\VS_N%C_P!4Y,;Q#/UN<_\`AI2_Y3<Y1'S*7?!VX=\4IOXGU2,Z
M<FQK<6WZ-RC*=?Q6IO-%O"ZG.3)SVY>=_/LYO*`T%NYQXXEZFTE_2\2<?XH[
M:V1:J&>3II=F/V>)H_J\L+`&\O4=SN=UZ#^H^Q:_LBGVDI7D$D18%IP.?P3A
MHA.YD?08;+\VVT29.%M>Y/M_I\J3GU^I/I\L>>98\K<\-'ZENP?MBX_%0!RR
M/E_5TIBM#P1Z4P8LC%84&M2\<F%BST3G&<]-,&1B1W/*_K$;>K8;=6Y\^E[F
M>_J]_HC<O?SI^@CZ*+G'\L<D9<_E'*QO5S'KW._6J0/%4[TZ!ZG;&U16]P$;
M;")VVD6$X'37:C,L;"X`ZQ11TA4F1&E,)C/8DNIPAE2596CS7ZDX\L9JN3XS
M/2+SQY'MG^?GC_X7EOG^R'-0_FI[]</U3^TKL#_2"-YY9T?3I_?)^_CF1A_P
MU_!XXUL_ZHZQO<2(=2ZN)MY6/"ZEQ%+%MEI;8F$5*MG3-Z>%AJX^`O;);F+I
M3(\.:UP8W4&I?#*XN<-,S;T1IVOI)^&P)CAHNR.'MV;A99B9>DZ>:/*0,D/3
MV9`TMB9LSE:02"3_`*PG5'85:VSULT?LRG.SGZK>M95.T5]XE!<&SW!1<8U+
MAKF#W5N.0Y"FG$Y<CK<6IM7FG*L_'F07(!>%;_:XNDO^#5JC\6(G)^\MA@J6
MEO\`MG&&=V.T[_0L>ZU(R6RZEB/Z?4-B6..%DDY@KQF:1D43'R<SFQL!#1M:
MGE+.;IU,S<$8N9>M7R=H0M+(19OQ,M3B)CG/+(Q)*X,:7N+6[`N<1N7'''"N
M4XXXX1....$3CCCA$XXXX1....$3CCCA$XXXX1....$3CCCA$XXXX1.5L]PM
MZ"M8[,"`IU>*%GI=+@%$R(4R!':0VZ9.1<,J1*_5,K2J(I>5)_292XG&/;C/
M+)N4B^))]7&K?:Q%?C-:>4/T)IKB*/X:U92EOXB4BY)7AN6Z+W3U"'P.Z>E-
M!.`UQW+1)RN['`A?*7/Y333/I3$3MKW&$0MD?#%.!'-]60<DS)&;D``$MW'H
M72*[=U[TJ_J*L'Q9_P!\Q'S<N:U<7;L&M:`=98<C-&:96BC<=Y2%NL(GAX<I
M++BV_P!36MO#N$+4C](I6,Y3[,XYY>%_2*_>J^]GGIJT-]1#4'VLZ/\`BT-Y
M2S@MP]X6N\?T9B+.-M94&I=?/E<ID!+!!RS1L:R_;L,C(D)=S1M:X@\I)'4J
M(=<:DU837SEV.U%4'30-95K5RR239CR7011EP+0!LXD#8'MZUM=7Q9^MG[W/
M-5V0_7`;H^V19_PSGI55\6?K9^]SS5=D/UP&Z/MD6?\`#.;!T!Y1O=Q_Y$*C
M^J?LE;O!^&]=7HCZN&G?MG4?\8A_/35SS*Z(^KAIW[9U'_&(?STU<KU_]LQ_
M=I?BA4Z5^SV_7,]Q:\VY]2G9GVOKI^+13GE^9_K+/_4M?YM//4#MSZE.S/M?
M73\6BG/+\S_66?\`J6O\VGE_P_\`L^2]=7]R56NJ_P#5I^KF]YBL*\-OZN-I
M^UB5_&:K<NZY2+X;?U<;3]K$K^,U6Y=UR.ZU\NR]WK>XLMIOR8SUTWZA0;\0
MS];G/_AI2_Y3<Y1'R]SQ#/UN<_\`AI2_Y3<Y1'R9Z&\B/[_8^%64>U-Y1;W:
M+WY5<[X:/U+=@_;%Q^*@#ED?*W/#1^I;L'[8N/Q4`<LCYKW4WE[)>O'PHU+,
M-Y+I^J_WN7B1_-3WZX?JG]I78'^D$;SRSH^G3^^3]_'/4Q^:GOUP_5/[2NP/
M]((WGEG1].G]\G[^.=W<'/NUTOW:Y^YW5P%QF^\G4OKJ7[=47^H3X5O]KAZ2
M_P"#5JC\6(G)^\@%X5O]KAZ2_P"#5JC\6(G)^\X-U'YPY[VSE/GIUWMIOS=P
M'L7%?(P)QSCZL?,K[E6?O8X]6/F5]PO\GF&6:7+CG'U8^97W"_R>/5CYE?<+
M_)X1<N.<?5CYE?<+_)X]6/F5]PO\GA%RXYQ]6/F5]PO\GCU8^97W"_R>$7+C
MG'U8^97W"_R>/5CYE?<+_)X1<N.<?5CYE?<+_)X]6/F5]PO\GA%RXYQ]6/F5
M]PO\GCU8^97W"_R>$7+CG'U8^97W"_R>/5CYE?<+_)X1<N.<?5CYE?<+_)X]
M6/F5]PO\GA%RXYQ]6/F5]PO\GCU8^97W"_R>$7+CG'U8^97W"_R>/5CYE?<+
M_)X1<N4B^))]7&K?:Q%?C-:>7<>K'S*^X7^3RDSQ(&'WMWU=34>0ZG&LA6,J
M;8>7C&?A+:,^6<I1G'GY9QG./CQYX\_CY+=%>78^[6/=:L#J3R8_UT/ZE5Y+
M^D5^]5][//35H;ZB&H/M9T?\6AO/,ZN',]*OZ3F?2Y_W)(^;/_1\],.B,Y1I
M+4*5)6E2=:4C"DJ;7A2<XK8W&<*QE/GC.,X\LXSC&<<D>O\`[)C^\3?#:L/I
M7[1;]2SWUMA7Q9^MG[W/-5V0_7`;H^V19_PSGI34K'EGV*^+/]POYOWO/-GV
M/BRU;_W,I,24M*MCV925(C/J2I.9GLRE26\ISC/[&<9SC/,7H#RC>[C_`,B%
M7VJ?LE;O!^&]=)HCZN&G?MG4?\8A_/35SS.:)BRD[NT^I426E*=FTA2E*BOI
MQC&+$/\`/.<Y;QC&,8]N<YSY8QC.>>F'U8^97W"_R>5Z_P#MF/[M+\4*G2OV
M>WZYGN+7VW/J4[,^U]=/Q:*<\OS/]99_ZEK_`#:>>H#;6?7JO9:4I6I2M?W3
M"4X0OSSG-:)XQC&/3[<YS[,8Q[<Y]F/;GGF'9AS/<6?Z3F?UEK_<DC^]I_Z/
ME_P_^SY+UU?W)5:ZK_U:?JYO>8K`O#;^KC:?M8E?QFJW+NN4E>&^P^SN^T*=
MCR&DYUD5QA3C#R,9S\):OGRQE2,8\_+&<XQ\>?+/E\7+L_5CYE?<+_)Y'=:^
M79>[UO<66TWY,9ZZ;]0H.^(9^MSG_P`-*7_*;G*(^7O>(.AQ[KK/0TVZZOX9
MTO/I0TXI7E@FYYY]*4YSY8_9SY>6/V?CY13[SF?\3F?]DD?_`(^3/0WD1_?[
M'PJRCVIO*+>[1>_*KE?#1^I;L'[8N/Q4`<LCY6_X:K;K.KM@8>:>:SG8N,XP
MXRXC.<?!0#CSQA2<9SCSQG'GC&<>?L\^6/>K'S*^X7^3S7NIO+V2]>/A1J68
M;R73]5_O<O$G^:GOUP_5/[2NP/\`2"-YY9T?3I_?)^_CGJ:_-32''.P_53+;
M;B\8TKL#S]*%Y\O_`&@C?C]GL_\`MG&?BSCS\M2&'_6G]1=^FQ_M:_G^MSN[
M@Y]VVE^[7/W.ZN`N,WWDZE]=2_;JB_U!/"M_M</27_!JU1^+$3D_>0"\*_/I
M\.+I+A6%8S_0U:H]GH5_S8B?'[/_`.^/'LSC/)^>K&?^%_C2K'W\<X-U'YPY
M[VSE/GIUWMIOS=P'L7%?(P*CBW]?/#FOUKLEYN?0;4%DMUP.$K)9["5B0)),
MX>+R5S"94A(S%3[M,FRG''Y#OI3ZW%95Y8\_+FU*[X=/A8D]7%=LV#I1H&I5
M@`+LYRP2)M3P0;$!:FB;)+DWW87ZJZQ'@P)$Q:(\5U[#:,H;;=<]*5=Q^</M
MW_F,4_[6%_\`5.2CC:CMUDZE[+TZ_'9KULO6O=M4T?@O.?B1(,^ZB#PD3+G$
M`>"$V)#2Z28??EC6I,^*QA;T6.Y*;;:5^=_@Q\2?"/U=Q"O8SBU0U)6TS'I;
M(W*\F6T%!IFL<Q%DL+#6:W(18+&N?,:D]YS:IL%LC6O>8G&`.9TIQ.TWPVQ&
MGZUK2%G&S9-V5KPRMIY]^4E%)U6X^5SJSK]H-9TT=<&;HP6N+6<XYR'1KHWA
MC^%?L4"U9:QTNTRL4_*E0VU'-1V:H3\OPW$MOX4&N(\`:;:]:L>Y2'!R(\E.
M?7&=>1C*L?24\+_PK0MBJ]4)=.]!QC]R^COP<@?`"2[DA\&Q[14U_3#*G(L7
M,."\V]G$QYC+^59:C^ZO)4WCKMK=3=WV<IK+8HV:)JN=/538$,QKB+MW;N]B
M6W/A2Q8T#,G]A;$``[,7+ZC>F-7[1X\H-(L"]D$R`M,P"'3"+)U?K+H'M]6F
M88Z5$U!J@P7UQ7!4W7-5*;,GTN6;C:0I-&M!2TN$!U?L4,ON68%F5;;C0YIP
MS%J$4:Z1LVR;2DE+E=[K0JD1GPCO#/QZ?/I;H''JSG"?.F-X]6<8RK.,><OV
MY].,JQC'MRG&58\TXSGF-S_"[\*\>2<"N=.]`R3;+->EO@Q=#>+FXPVT6!=7
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M$%L6Z3%;IN)Y[9M\+1*MD%DO9'J/O#:O5[2VAZM9Z`0,477\&O6XU<R<IB1-
MNX+6D6J5:]A+D6U;M6TMK"69$XV02'B46^G42HDB'LVM/0R,$Z1=O^A&>&A[
M<?T%>@O9\?\`44CV>WR]O]->S'S9^+.//./9C.<:D/>'_P"$%6J>J]%>IFBD
M5SX<%-;,/0=4V4R3GW@/<B]`GUP5708XG9"Y!%L!%AC"18B6W+3#<GQ7'AJD
M3%;%N'1<L_\`1D_4(NM<V>TW#;-PV2,-2;*/![MAVCMOK[?M-U]M`J-$$IA6
ML1]=UNT:OGRBH2SPJU$M$H:-J5HHY*QU<QE%0Z>6./URU5I4Y.K-)>J'8*Q[
M?+0=/VB_5X17ZT;W7LO:$&G:^M;386XP70H>YBJZU.;;KK#OO`@W!CAQ+T*!
M'(L)J/A=^%5?*R`N-/ZC=<K%6+0(A'0!H74FY$(H)(,H?B38SGOE*\M.-K3A
M27$-NLNX5'D-M2&W&D_H9\+7PM`!&IB2W3C044A>#\FL5ACX!/O?1(W$J]CN
M<B%[HPXZU$]SKE2/D/?$Y<:*K,#WHEY4V1%CO_7:NA`0>\8(477FFKA!?VK3
MCR]<;3EV3-7NVJ:?UU'ZE`T"Z65==OA-/P8V6HOND9'G5RY@S-Q==LA>&S?C
M.;H!T[(\/'<S\RO1I-BT^:+AZG:1N=_FY>R9&X(GPBZ1'.L,;7@P&\Q,:5K@
M+L,EC:$1R?LIYYV%/(M.5E&Q%D]B6,BWOGPC/#0QY>?2S06///ECSI;>,9SG
M.,8QY^^_+SSG.,8Q^SG/ECV\QJO^%UX6%J0U(KG3O0)H;*"B+!`.CJ&_)K90
M6;?*QX+H>QMN9!EW\+#RG)L(=/DS1L9\7+(QXL8R)=FY##ZU;NM.V(.UMQU#
MKM?!Y"_6LN3U&2LUVL51I8X]K[KG3`U\J1JRZR>@6+9-75J&],(B%=>5F-/!
M["1&!VVFR6;,JU:\$]#;E7*-KBHQ*=U[LM3UP-H0"9H\W*L(C4&T(M)5V9@_
M"&T,CM=D8@,U/>W)2-CMCI-%O4&+<ZG/&/S9TR-6-@C2+8V/",\-#.<8QTKT
M%YY]N/ZBD?%\_P#97^+Z_L^/V<Y?H17AH_M*]!?Q+;_G?.STITM(ZPLVN+X<
M-UNR[(JEJJ*[/L9ML^S:;3KVO]/1>A9E+=G$GR1-T+)V<+BW^/6RYDH-6B`.
MLA6<0O3"YR[".$5<GZ$5X:/[2O07\2V_YWQ^A%>&C^TKT%_$MO\`G?+&^.$5
M<GZ$5X:/[2O07\2V_P"=\?H17AH_M*]!?Q+;_G?+&^.$5<GZ$5X:/[2O07\2
MV_YWQ^A%>&C^TKT%_$MO^=\L;XX156[!\-#PGM65I^W7SJ/UZKU>C2Q\!TC(
MH<N6GWX5EMP1\9N,,Q.FO/2I;K;+2&8SF?4KS5Z484K&N8O1'P2K#:*A5F.M
MG4,O8+[6QMII"':;`F,6BO%AA4Z+E@#DG"PY%,X.%-EXD&*37-=@"R<Y$/W"
M'*<;LXWJ(NEBUN;KM&!O'2IY447+:@[?LVC#,$0^[E<\F`V/3ZY9;$$,Q/<F
M<1<C(T&0\V\_ALK$4A*7X!3.EVX++6]!:K.S@8>M:BU@4J9F\BMK7<H"/D++
MJ:_TDL[-T$Y4PE6M]T$V&YQ"(G<-HLD.U29`TA=$0A!HW+K+GH)'6"0?Q!V3
M8'M&ZQ:C^'5X*FR:E8+Y1^K73:Q4VJ9EYLMF@TZNX#`6(8:/9'9Q:=)<CLP!
MCE:F0K-#*R5-C"%:G0K"/ER@TR-.=RK6GAM>$9MJM)M&L.JO62VUQF=)#KF`
M*DRMB`1@(CN/BY43+\>2,EL194*4F#+BQ7<CYL":RTJ#-AOO99$ZV;]LFN=Y
MUJW`]*U<_O34E;TC*Q5K">+5JIBM:ZFM8*N767&ET,._<V[A?K$L3/HGO:N-
MU36L>`XFRV$NW(!)E1H:D["!E-Q7[9HBH5FT;>V"'MBZG2;`0MPJOCJYK&@Z
MV@MS;62K-.?L1HGFF2"\F:BMBV(`R8&`(3-<#O$98N<>TD_F2?U7@`'8`/R`
M"A'<_#J\(;7MBIE4NO5WK16C^P2D<)3X!6HYCY-EII&`''CF)/NJH3$LF9*C
M`PEF;)BK*F"$(2-Q*(RF(R]7N]*_`I<C7<HOKUTOF(H1D<#M[R*@((2XAHW9
M"%-$0FF6L2)YZ68N(@Q4AN031?Z(VD.7KT5;Q@40AQK`M_4G<VPMB:7$`@-5
M*Z+K-M!;!V1&>V#.J]ML5MJ%J"EZ`,=&8HAV'+HE1(P\[*)0H5B%&;A<:Q3J
MK+='4_-G^CL.(_1W:@NT&+Z&43A2-?P052ZX4]O?4!R=010W:9G8#Y^/<BG7
MDL(ABX\$ABKCZ?>Z3NLQ-K90S"-W.1[QK,<:!(["1^1V_1"`>T`_GUKX#7AX
M>"S6*%6-K3NJO4=NAVYP+BG6T301Y>!9'CT5\@$^#3]?;(RBSTZ'#E3HGT+:
M?<Q&AR9.<H;BO+;W'!\)?PR"4*&1A=+]`O0Y\6/-BO8I/HP[&E,H?8<PAV0V
MZC#C3B%X2XA#B?/R6A*L93CYQO5.^5+KIK#2;M)";1-ZC+P+K4[LSV4VOI`\
MSLJWPMO*OMHB6>B4J7:QT>L2MBR@01MR>1Q<0%E,$B(D!/`0`QF?.N`UHKNO
M:)7[O8DV^Z`J;5PUNMB(^8:+19Q8.!!/V)$-7GF(@V68EDTQ<YSEC$K#><^:
M<\$D]I)_,D_J@`'8`/R&RJ^-^']X.%?O*]8V3K9U7"7/-=)698`]6XPS+H$4
M+D&S$K,HG(CB'4#0$68=*1/?RY<,!%EF9D5H3'D2V]6N=.O`=:I3>Q,=<.GC
MM(S-+#Y-EBZTQ,%"I(,(,LQ-)Y^(,?576HU9,A[-[X/-C8S];*CC\9Y\1-C3
M79O[=TWM7<6Z#3-_IU6M'7H7J^\5*@@QVVS=7+2;5LG6UAJ5ZN%P%1*!F9$.
M/B#4[5%(<!VV5"J52M5WO4ELK93`H)6]3U'IYN.77;D/V#;XQ'._-XZBLN\X
ME@MS5Q,_G(Z9H=?"PZ+#.UO6FKJY8#NRRE"KE=O+<*CTX+%H=JM;?OZRVB(Z
M>M`.<.PD?D2/T0@'M`/YC=89<O#A\''59"GQ+AU0ZJ4N9L`C'"U1V9188QLS
M.FSQ`R'$21CX3$C(G%S@(7#42EPXLTL5%CH[CL^9%8<VO^A%^&CY>?\`05Z"
M\O/R^1;?Q^?EY?V7\?G[/K\V7OFG=@]HFM>UB-2->O::&;'>LNRA6-JSQUDO
M@FF6&L&-8"I+<K5)"#!JQ$HT2N.Q*Y#(?1.=)I]8H3)XE5+?<)3$S_+.,>6/
M9GSS\W[*O:KXO+SSCS5Y>7EZO9GV<$D]9))_$G=``.P`?EU*FE'1_P`$TL$O
M)=77?J7-$ZX,#`MT1-J;"UA#!F4[!KL1\3.SB=+?L<]E^#55CX,U%DGLOPZ\
MX1EL/--Y'7_#2\&JT6$%40?4;J/.MMEU_C:H6JIH(=BS3==**P@>+E\'Y:8Y
MB,`R9(0Q6)\R%';R1=S#QYR&7VVNQLG5[LGLQ,K8>QPE43MJ%O\`I6T7Q%4[
M"7NMURSZQI=-W%0*GI6KW^K:VKETUP*HD+9KM^:LN!9(U?=AE[HHN[6J^8'C
MA,J-;Z=VQ34:3M-J.@-@;"USUQV/K>V$R)@I'EVN[60SJ([6(K]JE@9Q8N#%
MXH1D&0NAZ`NQSLR8UFE5Z23,%XC`.<.QQ'Y$C]$(![0#^8W428'AU>#CC9<W
M2XSJ[U28V9$@NE)M(@U*!%+(;CP!I.2AR.PZU&<*10Y<08EBDO.&(H,D.,2(
M30J7&EN9]8_"L\+2H5\[:[3U#ZX5ZLU@.4L-B/F:O$'"`8(+!?)ES!4A)G-Q
MH(T8/BR9LZ9(<;8C16'7W5I;0I6/JI'5_=,/N9*[!V3-<AUDD<.6DA%@;5M)
MT`U%L>D*CKW%9"Z6G:^&U$-L0-::^E)+L)!LS5LN5`&J`$1,8=;':M3K`;QF
MW8I=NSK^'62%[Q6#^:6/NDPD/I\^V8$S,UN%:YX>"4+P:U*->\F#TP6-(DHP
MIR6]!@RY2&6%^$D]9.Y_$KU4B1^L/YGDNNDIG9C\ZOP\+/HH':8^OB&W2<2A
M%J:"NL\N*#QJ/-/%9;R0]HF%SH6.S6)'O4K)>+C7DP5MS8[SF8U/P]?`4O6Y
M[WUVIG5[P^K3O76(QDQL'4H"F:W*7^G#'W(#7ORP5F&ITF.:CNEA#<_W9C"Q
MBS`=!)$114>F37ENGP3.]G9SJJ?K&QMR:"HG9`WM#;F_-D1W25SWCIKL'V4V
M\,U?7H^]9<V91--%]!R-&:^I9'3G7VBAJ5N&+2]>)A3Y]F*W8E,L(^5VIO#B
M[Q:2[!M[E''NL&SG]/;"[\[>U.8)6;9&JR^\+OXBFT-27C88G;X45K/8D;45
M7T[$JUSS5\52R;=D[$E1=9#);%"A@")%RL2R-'*V1X`[`'N`'_H'94EK2=RU
MI/XD`E;;U%U*\"7<NR+EHW3.F>EUSV=K"(5>N.L:<(%N6.GC:[9?@86?FUN,
M]'<@#!-ISBNRGV&/>44ME,'*TO*PG,Q:OX8/A^TM<]RJ=2M*`7"B(;9%8VIH
MCYF('JF+A)?SB3GUXC*(3<M8]GIS)=_X7/VZ^]9M@5?M=V_[9;K,5<Y<MQ%*
M!J318NMD"YB)K#J?IX,_-J=9?DG!(IP7<]@;6M^RMG;(@!$3`BI<^I#FBQ?X
M.L2&IV<H[>U5+_.C_P!4'^*;_P#.^D_^!NJ__0.>N#PQ^Z^R-Q>&<.[==E3#
METMH;.[R]GE5*J`PDTL)U[<;+`$"PM;#H%!U%GQHN(,AI4N$U,GNMNSY;*5O
M2D4>_P"I5-D_MSJ+_P"!UE__`&;ST5]#NAD#J?TC@]-=EV8+N8$]^>L/M9%B
MOD*L(LM=VE83I,D$>$/&BL^,TD6<=%27VBV'75)5)C*BKRWAOH;BME^%%_3=
M:#0\.&CR[<O6DF=C\'/C9S0;4N,F#IY:%5KHS,ZL71"0N<X-<&$,);SMPHQ'
M%BAJ.S-KB?,RXEV)L,A;?S4&1@%XVJ+HBV"*]9<V05VV.60Q@-!<WF!=L<P)
M]JK]32\RI;8U.`UY;G*A!OM79'[!+;`K-K$+P4'&*BBQC]=UI0798"QQQ,$D
M(F#)-+>%&X9L1?":6R$$?E-L[.RZP]ULCKK%4@,=@(`U]-EO=](T:EAC1")3
MY<*@B+#'H=NC&]FV5BRD95"IYQ5,8N3-6-11I_Z+--C5<A'3;6\=^82M-JVE
MLNQ2(M<#1;7L2[?1^QB:K5&#J`E1&D(PD6VV'3+L9,N9ER8LNS6XU@<5N-A/
MRPP=<'.KOUYK%YKM'I1"T7H;0*<*&@B%%#F14>N7T((D5N0-&7G,T`0,SF(J
MJQ$:2\!,5N:[&FE8LB6['GK;1SRNB5B!?N=HX*<M54DRK_+N%2N@FASJ>#U+
MLVR6B>=/!-@V0,H$%`58E+,B9X'56PBB#,)*QL:-5YOOV1&<D#6YV$V[OYHF
MOF:6P,+%SM5,I-&+7?HE*V"NE5>KANN%O[*O.IM+%3>`S[?\!0U:+KHGO]FR
MH"6AF;[PS-BN#LY/J?I5J+3]OD72MR[E.)JL4&Q08QHR+>'#)(V!NH9!9:CB
MJ^'>)K3%W[L3)`S9)1VU'Y,P7.L=A,30\61SKAW1_60$_7CM6N.W:LW5(#2Z
M\`$7EE=7'W!G23O7I&R%@2P$K#)7+\ZU3`=>"V)]3=*Q6[2[4UV:01*SB*55
M1L\"YUH+:A<8M#''A[!*%'.B9P,JW&D8RIGWX*)-,38;BT8PZA#S2<K96T\W
ME;3K:U9'S7.I=75C3&OJ[K6G(F)KU;:(8AYGN15R7'RY<@>*/Y:'PA@F`S)+
M%9TB*'!"@]="1760]=#!P<&`,B[&X1....$3CCCA$XXXX1....$3CCCA$XXX
MX1....$6(7TU8:[4C!JK#*P7-#F6I+,.YVZ10ZLF(W)945G'+;$K%RDA8`L5
MB:3>DM5HIE>(F&%MQVW5RX\-1?=MV9-ZK*(42KAQ_:$+6)H,!+VD[^>O"E%P
M]C.GRU?H2M>,A+?K>H`PL:UD[P_?:K/D4B5-/LU%J:,0")2=WEIP!OK7!C5]
MJ-VH)6S\L(\:54BD,5-+#PYB$8>KA7)`4:'%:I8O>21%OK1,;,$6JN2B-=,Q
M90@G.BOX.8ZS@+:2J+^PM@;-V+7:HP!<50K:7JJJ)9SU>9-,C[-;``"E@,F"
M"L&EN30Z)L.F$'APAV95'E#V_618O0^WU3MU"["[7*UHQ5];:+<*G85AF2HS
M\V_:N&:K";2C[*'AGV1BP`ZP"9Y%^M""\Q4TA7XP:S37A;-A;'CLPZU[ZQO^
MH%;,Z/J8.8,+Q($BO5VWG[24#L$Z\&LPI%M9L6N]<2PIF>'-P2<2.-@6"LEP
MLL=8*O;[&$)1)Z\<#]*NO59@7\#3Z3&IE1VOA@?M&EU+WJ"J]\JL749;3,6C
M'1T2&EUJHQJL77-C#0LL1*CV&'!+,$&TM.PW]AZ8T76]*Q;'@58+M<3=KGAY
M9^V;"L*;)9)T>M5T;4JP*S+CCQ,&.,K]>%1841F*-8D3I;I$\=E&+(8+F)Q%
M@W8KL9*T`7U:U)`4LV'V1=JY0HD,CLF36-C&;+9K57Z[!#:RH^:&<%7XPU%-
M/&9<$I=Z,TW'@9CHFK5)2^QK1KNQ&@6W?5&/U"M%K3IM-5A#`NI=CO[&(62X
M[!L]FJ^N]7'(9:A4&13-FW"0$ADHH5I%J`"P<LJ8-6B`.KDV5(D#M+1H?;A8
M&]:;EL!FJ#'0[Y;6X8X,'46XO@+)!M8ERUQ,@9%@EICEQD#WQ&%60-$*0(WT
M*+QR`U^5&D8,WU!U*8*FCNU4&=\ER:A;8^;N=ROVI-3@@R=B+B(-0@C:Y7A8
M-<&9:SN$FD07[1*A3<C)YZ4-:9B((OQLO:!FM]7JAV!51IQBU7_6];M5+U$$
M.1I1.Q72ST1R[Q:+"M+XV+!1!&PHA><?NTD0R+"U$`=NDT:@>-=AYD53K&U;
MZE6+6Q'S$9LM=!V!J*IW+V8[9H5$*-L9>RS'4[EE$M+67<QV,KRC*\LM9SZ$
MQN9Z2]>LZY`ZB+TN'9=9TVDB*1K^FV6(&+"M=11]6L],)G:.\Z'03!6FV@+8
M2AVTX@@\Z8PF/Y,Q4>^FY<C*13*]KNF52@5*`V)JU*K86J5T:SA.&X`2OC8P
MH9%1G"4X5[A#BLH4O*<9<7A3BL>I6>$48[AVA,U??A'0T:K:U,G96N+OL.IM
ML[BGQ;)'%TZNA223NUZNO5C[.M]?%;$4S46KB%L.Q"44A(`2EU"1',2T!(XE
MO$[KXBM:OL#M.H9!&R=A[(U^&G"=UMO52]D-<7_7]!F#-%6&?K<9,V?<39*^
MN,AJ[9`&K@^"=+NXPC;X<<8.+%9BV;KB-M=T*WHMM#;OT7]Y6=BBQX]FK[`O
M4Q"W5Z'5S5@UY!^""\,'5!8\N)`EVYVXQQ"31U0N'$R5D8YK0[T2U18XR6RE
MMVR[/,L7H=LLTW=HS)7<8#9)JKFKC6]B+17\05!B2Z=7QD1%)@4F>!`PW`=?
M("QTV8R^19GO?L;*TA==05Z6"HY43MF[UO7XJ/-V7*K^RRMCL-FA`W8U!U^J
M@%PUR:KXR=BU6)9/8%-5$`P"RXJ9<N(PQ-E$M2L-J4A*5K].<H2I?H2M?EGT
M)RYA*_2E:O+'K]"O+&?5Z<^7EF/EFZ\#+F8!2[9LO;)VNAK0S;G:#,LP5JFG
M3`K8\_9U4^CD6#589R2/IQYX-"!"XE@@CW@%4K(BQ1S[<.:Z2W]+CYE1),5,
MB1%S(COL8E1%I:E1\O-+;P_'<6VZAN0SE?NK*U-N)0ZE"E(6G&4Y(JSI/B.#
MQD`\.)U/74J[B]KYU+#Q3MN6B[ZN>L(?59'<%_@D[P%T?\.8AW6]1$N2+8``
MZ>M3L=)VID&9V0DRT%*;O6O=K$E]^4S2BQFLS+=^UK)V=7R^N-OO7JP1JM"J
M]5-.V^PU1_7=9&P-<%35A56:M<A-T/RCDJ35)SM;'1;-+Q7/QG=**(5C()%-
MD;IG;.8/PST+=CEU$L;3&YAZ_L.KT"1I"#4XE4@A7J9;K/`D06*<A;Y4T];%
M2/A?#$'AV11.IM-'31SPZ][7@CJ=3"5)U%7V+=`4'TI!)4,=K?);72'ZZ\2S
M8H55'JB"S%Z)WET=()FIT=M,DO-6Z18MK#N(*V7VBV;UHB5P'$*ZVAVZ44>B
MW^&5NHA%2(T&`P0O%`17H3%5`7QJ_1"NMR0RY6V<:&#2+EB#5*8C$)$D]JVL
M[1=:WRYUD$%LY^JU(]81("QVYF@U\M-#C9!!N&<NKX:Q-500YB.K)*P+`F<"
MH:7IF!<[+6(SFJJ;U<H%)VI.VH/-7DA-65V4?`5,U9&Y]+IE@W$5&'=H&JN*
M2+C$X\JY&AOT2F1RQPR*$/D"Z*P.!1R4AC.W-ET=.R:%;*&NU7:CIM@.<$S;
MM<6-ZHWJNXFMX1]%:K98[$IX*:B>7KA$$1G\L+\_-I:<J3DBH4J/YH$UY<(.
M@AS6J]>UFW[PVCN>HQ#MU[.`@'7=_76E]TT[0DK;FN]]-ZK(.[##;&V/<V*_
MJX01UQ0\EI]=M2K:9I8MBN%K/-/J3XGH;M-ODKJ7&EK+KVGVFC[XVAUXVB3M
MH<XSN'7O6;L0GK)N(O8J;&%##.IBT#8,T`8J``K,LSMGHIZ.8FSJZ>@DJM%Q
M8AX)/2(Q`K39MC=IH_%M.Q+-LR\D=Y7AR\=B6=L["USM/8M3[`6%F2P[L"D6
M:\ZAUB:=J\=@!!%8I@X:!R)%3#<(KM&C^%=UGUC?;9L?6QC>%#LMALBBX'-7
MW/;!PK5]8.;]@=F]G:HU0&PIT?1]1[OW'!^$>Y*-#9D0KJ,DOT]<B!3FX8*(
M1=3X<7B:T'Q'V=K6'7`>F5^FTY^OD:5$;VX/M>WS-)LYF[":_;]HZFAU`/C4
M#-G:IKA.JPX]RV*P2CR"`@H5!6RL6*NP;/N05ZA^'7UKZ1GKT?T8,NT1VX@:
MY0Q0ZX7^Q74/K+4M,M-]NU,TOJD<;?=:I.KJI;=H7X\%KL;,N4U,LLEJ45EP
MH8N+`G5PB<Z"T!Y%@`$PT0^<JT@E'Q%:L%:=&LG12G'6_.6+=,"S(U$M"<*2
MA4P7-9QA:O-G*O2I/?\`'"*F?4W;/=($/1:7)M==V7;;B"U0TY.VK8XL/:I>
M\;PUR?LH.R46@4"A5P(4TW12`%KX4NX4HLZR*VO+:)C<T.*./XY9?$)V$[K;
M6]4;,T0E>[[ULA'[E=*42>"2:IM<SH*W;T#RZ?$+2G/A2.F`*EA!*(%!O0*[
M(++=EV>/)A-UF3<]\':^DG`,)!!L%Q4-X8+*8&0L$1HV6I"Y0^!.PQ[YAP9*
MVFER(D=UMAY3;:G&U90G..OCT&BQI;,Z-2ZE'FQ8;@Z+,8K@=J5&'NR9DYV!
M'D-PTO,PG9I(C,<BMK2PN5/FR%-Y=E/K<(LK1G.<9\_;^G<Q_BPM6,?Y,8\N
M<N..$3CCCA$XXXX1....$3CCCA$XXXX1....$3CCCA$XXXX11V[3SMAC]-%W
MM87*L4&TKM6M(R[/;+>&H<")69.R*HS=H`^V6&HWP*'LI^G*.5ZJ2"%1-LYL
M10<VB,V^IF2Q6X#[L6\GL;5SLPO>6]:"Z5UUFPJX-OFK9NT=S'=MV;:U2,&A
M%<B:N*2.P%?%'=;MLJDZIL&JX#U/D$[L"B6Z;)9"U>Y<V""649)"V,,*/AYG
MN7OL2;'Q"HR5[@\W(9]\P)S+\5_W&0TT^U[JTKW-YIMU'DM"58^7-<KSDT.5
M<`AEDZ\P]"`$EBX*IX.',2F)+B")BF,R!L:5%;1&D,0G&&GXZ$,NH4VG"<$5
M9&J.W^SW]4=R+_=8MA<V/1(I"]ZMT[=-9637KP.;*ZOPMR`M"5IJRUZBFMGG
M0JJ^=FVJ7%G$C\X@[8S$1T'2':PP/WGT=VT=V;5+[$M-PG[`LE6L=7P4M\6\
MT'8U)G_#+7-4O4.%3[)KS7FLQ,'Z'PSK?T>J,L!,EUHA)9Q#LED`$@Q:3-)\
M2*??8F/C![TN)+^B,24["C.28I#`]\5B?'?6WEUB9@7)D#<2FE)?Q`?>A^OW
MNZMM7X!`0.N15C:\&%`AWOF1+]X!AT07"]]37529LGWK!988]\2Y+BY$I[W/
MW20^M;KJEN*RK)%6WV^[*WS5V^J-2HQ`G7=<!]=B=I'<5VWT>GW/9I*=N2O:
MV<HE)C7BC7?.PS(J*5&S%:ZK$B@E#\JTB(;M]A3I];#EL$D[FV"Y=.U]1B;W
ML3];K`N@V;5I5O<G66/.*GCU_O\`%DUD+L3.KUU#4HHE#KOP:;I.U!-PN)48
M$<.U@Q"E#+5(F6NE00,O(&3"P844E@I?T3"2B(Z)-D!R6$*9P0%/R6771\[#
M*UM8EQ%,OX;6IOW3TJSC/0JUIKA0Z:#5K^DJ"DB.#1$.JJ`LBYYE*_4DM-'Y
M@9B2B>%?IL3WV7)6%>W#OGPBKI,;ZV&9ZH]<;N]MJ6)*30U(M?8FP4H[H"H[
M6@5.P:VOAD(4!?GQN"M3>]R-QKXR8=L$,<,%W2DA;99=9#HX9U,2)-SK1;;_
M`'KKGHR[[3'I&;+MFH=>66^#D1,0$Q;>9J8HB?:P/2TQ]#_,E(D+]X>]V,PL
MKS&]P8]R]Q1LDA2J:8QA9>I5DHM+PJ4E9$"*G*Q)`8E)!2,*DQ'<X?"IFS4B
M7L9]T'8ERL0U,XD.^O)T?2I_>XS_`(\X]N?\?"*IJ3V9N9/LQN2AW.]EM=5H
M/:]K:?IHNO[*U'7"-5B5/KQ7=LQMRVVDWG6)@O$KQ#)V=]!-K&K[*J`BSKH0
M&?JUZOE95CL6K0W8[>(VIZ[OURVK(=HU-VKO"JWFIP-M:25MVZ+#;3TK6=<B
M:J;%:C51>PL,(*-7.(>&ZY<UQ8'"]NJ^N2)0IL:O$)<VY0C3ZD6F3YQ6KUTG
M-+"55PK,(!!DR43KRE*D*!$)$F*X[-#*D?JZA<E;D'+WZKEC*_TW/F32*6U@
M$IJH5=M50R]BIJ;`"49J^'TMX?Q7<IB8R$P]A",.X&^]L.80G"_/"<>1%![>
M^XK?4^P.G3`W9P*1I.82`4$E0:/LR@PMB6':1[>$?6,QZ51S5(L1B]U2L24Y
M!V014KI4["!E#[BEV"0*B$16)VVTM/!5:QFQ8Q\T3$`3)0>'CH=<D%9PX;*F
M1!K#;"%O..D)##<1I#*%.K6\G#2<N93C/YXIM0:)#S355K;9D4LDH66;!C$$
MQJCLU^<;5`GIBXE0\F9TR7,*YCNMY(RI4B1+]V>?=6K)N$5%-5[?VRU]=3Y`
M]O>V`-[W81HVQ:P^`NR>O5D`F-E;OUO=;17M1PLF=1"@>OXE"?`E[ONJG6/X
M9$:'JJIB;E(VG;Q4T\LM+NN;HN5*[4V>O;?VK7#%.L%?*DJ9!INR=?+JE`KM
M"TCJNV76S;4U[+IPVZT>'/LSUWL@B[3MG6:M105JI(@M%&+-!WL3DE:VUT1A
M2!9"@TJ<,EDY)Z4.F58'*@R3A%"FR!J1$?@+CO%IS>,-S"+C:IDI&,)?>6G'
MES[/@12T22LE-0JZ9%A&LA3[Z0`G#QP/%A)@11)AW$3"R8R-!:;A,0)JGXK,
M1M$=MI+*$HP15YZ![)7F^=K]@4R[%B"(:[CV0I%.H`"X4>7#J0/0EWKE8A6:
M^ZS9HK&P:UB]A2HJTUB[D]H60<?=L[<7-2J8@M3&Y&VO$DW]LWJST.[8=A]-
MUQJT[.U!I"[W>F"Y`J4<AM&1(_S;-SPL/TOEQM78=D6@B,]VB,3H(61&ESH$
M1U^:Q,..`!0S$P[$"B8IPI&CPB9F,.AL%2,,=ZDCXDXBTRF9+C04K7B&Q(><
M:BX6K#"$85GS[9Y"'6G&W$)<;<2I#C:TX6A:%X]*T+2K&4J2I.<I4G.,X4G.
M<9QG&<XX1>+VY^+;VK&ZG&2J7VDM0DYK+7O;.U5&Z7F-U3W17^_?:O178/KO
M0:AU>U+L;5&C-:Z[V1J:[439Q1\2&T35:KO7)T],\KH1@:J*3CMZFE^R&V*#
MX@'B!:R[5=D->KTE4JIT4MV@`Y:KTO3U<U9/[17;L;KH+JC%G('"QW8]ZN!S
M6=-&)-'K-E=QNI)<2ATFFPI<:N)M(9IU1BQ@PZ+5JY&'U>1F?68+`,8S#KL[
M#;J,3`49N*ED1+PB7*3B0/1'>PF3(3A?D\YA78S*[7R#KS\\$&G/27!+LAZ8
M+A277W0,IR<"<><>86MUP+->=F"5KRI0Z4ZY(AY9>6I>2*E;PQ.TVU-T=O._
MFHK%V85V1U#IJ+H\EJ&P?"'K1M?*$W@QN*'9BB]I=4:'KRD5%LJFH`TC]`[*
M&F]Q4<;%CV4Y8IHFSP5O7A<Z$#6:W5FI$.LU\'7(<J2X0E1`0F`(C29\C/D_
<.D,#X\=IZ8_A*</27$*><PE.%K5Y8\N^X1?_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g198698.jpg
<DESCRIPTION>G198698.JPG
<TEXT>
begin 644 g198698.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@!"1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?4D5455)?1DQ/5U]035-?0D%2+D504__;
M`$,``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`?_``!$(`'\!30,!(@`"$0$#$0'_Q``?``$``0,%`0$`````````````"0((
M"@$%!@<+`P3_Q`!<$```!@(!`0($#!(&"`(+```!`@,$!08`!P@1"2$2$S%1
M%!46&4%8=9*6MM+4"A<R,S0V.#EA<7)S=':QLK.U(F)W@9&W(R1"1%)3H?`8
MP24F-4-45V.4T=/A_\0`'`$!``$%`0$```````````````4!`P0&"`('_\0`
M/A$``@(!`@(%!PH%!`,``````0,"!``%$082$R$Q-K0'%#5Q=7:S"#1$47)T
MA+&UQ!4B(T61)E)APV6A\/_:``P#`0`"$0,1`#\`S^,93X0=>G]+K^$I@#WP
MAX/XN_O]C*L8QC'E\F,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8
MQC&,8QC&:"(`'4?_`,_X`'>(C[`!WB/<&,9KC-`,`^0>O>`=P"/E\@AW=X?U
M@[NX>_N'IKC&,8S03`'3J/3K_P!__P`Z^<0#RB`"QGX945RQDB+5ZWC7(,78
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MSQ4">-<O'3AZ[44<.%5E&,Y-C-`$!$0#V/+Y?\.ODZ_@\O3H/D$,UQC&,92!
MBB/0![^_V!]C\/3IY^GGZ"(=>@XQE6!\@]!`!Z>4>\`_"(=0[O[P_'F@#U\G
M[!#R?C\H>80[A\H=V:B`"`@(=0'N$!\@AYAQC,?CG-VBW*'B9NSEV]UE8=*\
M@-5<>^'^Q-W;$HY=36>LK<6]ANTM<P?&:K[6W5$;5GV5UEML2LUL#95NH'J(
MHU@@=+U)*U-G4,R?P<K8^+N^T!YX5NLQ[`9KC!?B:,[7S3/9_P#(/;L?0KO6
MB;8UMN"U\8F,!,:AULTO%JK](O$87D1+5G8,A-[)LT?69?7`&A(&7?6EZWJL
MSCSAOQ)?;/L^['O&/03O<%UCYV)N6T7.H:&XO]MC+/5DJ/9(^RVQ6!/-SS2P
M4M!"HS3:4=NTY6LHHP3TB\8DFU+R.L\:^.E+US5]0U#1.H:MJFCVB!N]-UK7
MM:U*%HM5N=8LS:ZUNV5VI1T,VA(FRP5P9M+5$3K!BC*1]C:H3+9TG(H$<%8R
MTSC9R!Y)6[GYSWXW[K1U`CKW2]*XQ;,T&GK1C:3V)&B;NFN1,")-GV.RN&Z,
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MSE`U]9:Y2+RZ7:U^0C;7;W[:TL&;*.G'"[*+:HOB76UOBQQJJ&WK#OVJ:(U1
M7=UVHLP6Q[2A:#7XR\3*DZ=`U@7?6%K'I/EWD^=FW-./?&`\FQ1(:27>=!$W
MU/5>):3:E=FI<,.58EI%>KI+[]>3T,6E$S&PH66KG&+YV:MF,T2945"FB*J4
MZ^IWX-^4:3PS?7;?#3>*E-1#5[-C5T4+`2Y;'.A&59GFZIQD4+KVJY@X0M-;
M<?-MV#],HE4*_`?G7R+BM<]EG4=V;"UUL:#Y8ZEY27VW;*LK:S);#B8?2E`@
M[C56=FM\O?I&'G+D>1=V9Q=)X(6)C7==:QK.+K<$K#OY20W?BCVD?-+EC?>&
M50J\+QJK<=N/BG9N5&[9>3KFPUW3"NT?DS.:DE8+5S5K>U422-CK3&(0C%+*
M:29Q,L^DK`Y6?-6C.`6D=V[Q>X.:HT?:)2Q</]=VK7&O;7,[[-KB@<>X_84N
M[V([;,8^5L]/UO7H%X^FKI,,FS&.7;P[$RT@P:(M'*)V+,")=K:LKW$V`OR=
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M?Z+2+3>N58]+JP$K"8&7IE/5J.B6*=OB^N+M*SIS;=^W<E4Z)=G2*U`*?;V#
M:\;'$'3:M46!RV(E6DRY:[IB,=&VNU1Y>5Z0Y/['I>O]$Q.F>,+_`(!25@H>
MPX;88[CGHGF/2]93LY4`L$/:X^LUVQ4F1OCD$[&_JSYNJ5DE&*U<RI%GRN1.
M`]0_O,'^`B'_`)9;W":ZXZ;MI\Q>OI04NP0'(%E0KE=!O.H0A)O87J408.->
M/]E5B\5F,LKF:IZ4?'>D#*[Q*4U53L6J*#:/5:ID)<&!@Z=P#Y?)X!@'O]GI
MTZ]X]>H].GG'-;UR_IEM5)%'1QI5BG_1M$$F3A#3M(K2B[?^>;HZG5U:W)C`
M&&%]:I'9,8PV/0-/U6HRZ^_K)U>O=V=5_P!B3/4=6L1DG;^2"9:99TFK%:B5
MB=%C8[],92JQG1FSN0^N=2;$T/K"WKS25IY&7:P4#6R4?"N9!@XL%9I<O?90
MDV^3.1.%9E@(1Z=!XX*<B[P$FA"@=4#!W@"A1`!#KT$.H?T3=X=.O=W=X].\
M`#J(AU$.X!R#8ARH(8U4UKLKDZO.<3&+E1<VO)BR>J<(N2U1D-P)KG'MB<GU
MO2V;U+9";*TXK?",@9*9-2WQC,#KB9)<I@![83B>PC*\92)@#S^3K]2;R>3S
M>7^K]5^#-!.4`Z]_>8I>G@CUZF$`#J'3J`=1#J(]P>?+67<KQG1O'GD-KKDY
MKQ39^KEYES5D[IL&AF4GH9Q!/_3_`%G<YFB6<@,')U%1:)S\$_(Q=^$!'K0J
M3HA2%5`H=Y9=>AU5S:UA4TO0R:G)9$P8IJY&,USB=C&<)`QE$C<$$'+2'ILI
M58KL@Y#EQ:IJY"4&+G$2A.,AN#&42"".T'&,8RUEW&,8QC&,8QC&,8QC&6Z<
ML*];[1H:ZPM)A9NS2;AU2W,Q4ZU8O4K8KE08R_564VC28&<%9H5K,W/6C*VU
M>,1/(1))%W+)19YR#*^&797%X\OEQC(7H>FUO<4+S+KVD-17S7>N:M=^,B%9
MT])0-AT_XC?5`EF>RKQ=J]I9="L.*U6).L3VHW0/7;$E3V38:;)6V.B9`&0V
M.P3/D`0`>O\`Q''^X3F$/^@AFH%*`=```#S>P'X@\@!^`.[-<8QED'+.!9N[
MGINS;$U%:-XZ"K49M@FP*'6JJ^VF5G=I:,J/TN+I-:3C(V6DMFQD/$1VR:VT
M0C8JP/ZU8KC"3+6MNCF&=K5[^:"4#!T,`"'EZ"'7O#R#^,/8'V,8R%'CBT4V
M)/\`"V:/J;8D'#UV%F]MU?=\A5+%>+:36=[LVYD^/7&5WMJ(9.O4Y&4;5-LC
MGN]6MPEPCHQ9C2];H.+E-R5EGZS-<'D#R^0/+Y?)[/7OZ^?\.:>`7J`^"`F#
MH`&$`$W=Y/Z0]_=^/*L8QD-7,F/"MV+?\O<]0;$L6S=A6/258X9[XK[20EH/
M45AGXRET6I-S;):1[QKQI;53?+NQW6_S,Z1C!7ZLVN.8.)&Z+/"42-F5S02E
M$0,(!U#R#[(!YNOEZ#[(>0?9QC([^/M&D6?+K>FP:]K][3M<3U35BU7)-,.=
M$)/KX39T[)R[R>.^DW+[D',V%)1[98G9XPL!'TV'?.(ABM-N=@2B<%(CF@%*
M7KX)0#KWCT``ZCW]X]/+Y1\OG'-<8RDX"(=`\Y>OX2@8!,'D'KU+U#IT[^O3
M\.091C/85.OFEJ%K_4$U4^>0.>2-GV#MO8AIF`U1NN$B*5<VBXV;=C.O233<
M=<L^P+KIBZT75C"-?6?6T)6E%@KU&A=>R;`\Y^:`4H"(@``(^40#IU_'YQ#V
M!'O#V/*.,999P?U]L765#V=5MB5=[7')=\[-FX)Y*WIQL*8ND59G$5.O[[+3
M[BN5D3O[9:7MBEG*",<DT2<.%RQ[6,C2LHUM>IC&,98IVF6O=^[5X)\D]?\`
M&)Q.);KLM"(SJK*K6Y.@6JQQR-B@GUXI53O"R[1&GVN^:^:6NE5BS*OHY*$G
M9]A(*2<81`7[>!&@<<8/D1J_MG=)\:M!\G.+&A4>,>I:G1>'5HN-VU!M&3YC
MP&HMOW1W;(;7L!L>3D*YK;;,!-:'H5B5:V@U%Y&66B65W(FL3-E-R$AEFR$@
MPBF:\A*/6<<P;%`SEZ_<H,VB!#'*F4R[ERHD@D4QSD(`J*%`3F*4!\(P`/$P
MV/KH.H!>*8`"'00]5,!TZ>R'3TQZ`'E$0``#J(B(=1'/<5LF-X0G(;[;QC*0
MWZNK<`]?6/\`(RW-JEG:;(0)&^TI1B=M]M]B1U;]6_K^HYPGC1"V6N<=="U^
MYLWT?;H/2^JH>TL),0&296.+H->83K1^('4`7K:5;NT'8@H</1":G0YOJA[N
MS;HJ7B9MH5]"R4?*LA441*[C'K5^U%1$?!53!PS561$Z1NA5"`?PB#W&`![L
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M+ZT1L$PDK#7`F@C&_H2$:)G3=O+M:YS#XE[QAM15Z&N,=>8KE8\W)0=?U:1H
MMK6]6A]3-)IANF`M-;FJTDO6HZKMX^2BK2G?&,+'JJN6L4)G*\S'-WGU,ZGK
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M3+5"-UK*524E7,N22:X<@]\.^1%JX2<#-5Z`KS/B_IW6]AV3:-U)W*&UG6R7
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MZZ>ZBAH"@U"%M8;XO\!INR;@VS*ZP@V$VE$N[7"OK:I-+.#LY1W`1[MXHQ0D
MK[4S5.U+EO7@%L6C5#D[-5+4ENY&/=C6GB0G5S;DI32Z:HC:S6'$"K;G*40B
MG.S1C14F*R#H3P0S)$RI+B@?+IK!VEG$Z`U)0=])3FS[)I?8-=L=T9;.I7'W
M>5OI]8IE0L)ZO8K?L66@-?O4M=045,HN$57-P")75:M74HU;+1;5=X3@G(;M
M:.'VA5=NU8UHLVR-L:DUU],21UK0=:[1LAG4;*ZT2VA3G#^\0=%FJ/5ZQ:X!
M]#BG>YV80JL(,F52:>MBLWQ&^!_%.+]2UFC<7PM9;8J+U>D*\*%W9GG-"OPY
MJ4[<S$178KS8DV6S"EJOV`;$(Q;%9S1I7!VF:'>I,XIK*K6F:/=-F=^G_3%6
M\[B+38U(\\BQ#H+9YJI<FR911RUYDK+!$SR[XB\E-Y%Y8;+J>NN6TM88;B!P
M1=<27%NN\Q7-E--V5RW/DMFS<A#U*Z153+OFOUE%%>[3*#4C9DXE)4\.N8D@
M<H\`Y8Z+V3Q:E]QTJI53?E;X[73M+>S9/IJM4O:5QC9_9+*Q:DFV6_XO6EN>
MWI&P(V6ZW1!1A/+OYZ(3D;>+1P#E%0B+YO-;'=JOQ71U/J79MO7V175=E:G#
M<<]58O2FZ+?+:LU[%N&41;M@;(1B-=)OZKJ2N6=RYA&.VY^*B:1<$6#J>J+^
M6@TU7J77_+SGOQ5<S*V@*Q)T+9_)"G;'XY3=:B+CJBVWR@ZGDMF6?7QJ7R`D
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M6^4FYO\`Q*(:JM\;KCU/N>8VT^.;%A66-A&<4HK'A]5>4-"O2LE*O/!=ST,Y
M-)5G89&D:PKY?5=#(Q0>-@DWM@D&L]6KEUK5@IUM@XNQU6V0DI7++7YED@_B
M9R!FV2T?+Q$HQ7*=!XPD6+A=J\;+%,FN@J=,X"!AR)U#C'5Z<EQL4Z*A?TI`
MKO0RP]L:LY:Q!=ATIOA&[9$M4L6YBR>1VIU:.H,/2IF&36G\(Z1?A.5>W<8=
M-U-T'I>FO75.RI>DS8A(BB9HH(T]-.,ZL1-6FV;M!8Z)L90Q/]2U'G9RYX4<
MD=JI.[A([6U=2-$\`ZW`52Z2SU]M.D\7MJQ[[F3=Z\S;VVG1UDMF[54EZR95
M*W5R:LT;4IFEL+G%GGQ<DWN/XO[EBZ/HR3LNM>56W^&T3S9O-XVKQ7K.@[]Q
M^LE6@Y31$9"4F2UWI"4WWM/9\QI.+W"JM8W,,]O$<WA+2K/ST57"0K@LR?*.
MUWK>@:CI-?UOJ^F5G7]!JK,T?7*=4(5A`5R%9G76=*H1T3&HH,VQ5W;AP[<F
M(GXQR[<.'3@ZCA950W-?!+TZ>"7IUZ].@=.OGZ>?++O*)8B^Y&EIE.O0=>L6
M*R(PZ)J$.HITZ`6Z!FZM:0M$;52S5>ME6ZZRSF?!O*+JO)U7FJHR[J=M^H*H
M*K6'RD6J>Z%YFH3+$RZ--FHYC35M5;*)JM4T5EF")*)E%WV/>I]CZ7X35VD[
M4U]<=7VL-M\A+&%-O[I)_;HR`MVY[C9*NI.R*,I-!)2#ROR,>Y<R9Y1\M(KJ
M*O5W3A5<ZRDHN:``%#H```>8```_P#-<T?5=0;JVIZAJCH04[4;EFZU:S,K@
MRRZ;IP@62FPQC*9$3.<ID`<TB=SF\Z3IRM)TRAIB9S8JA4KU%SF(1G.%=4%1
ME**XP6"8P!(A",1V``=6,8QD?DAC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,
M8QC&,8QC&,8QFAC`4IC&'H4H"8P^8`#J(_W`&6PCS.XR%,8H[:@P$IC%,'I=
M9.XQ1$I@_P#8GL"`AES+C['7_,J_N&S%*6$?'N.\?LAQ[(_\X^;9PQH%77//
M?.76%>;>;\G0%8YNFZ;FYND6SLZ,;;;=IWWZMH+6M4?IGFW0K5/I^FYNE$SM
MT?1;<O)./;TAWWW[!MMU[Y,NN-WZKVXXEFNNKBPM#B#19N)5-FVE&XLT9!1R
MDS.H,@P9E,"ZC1P4H)"H("D83@4!*)NULB%[,@1&Q;?ZB(_^A*3Y?=&RY+UD
M5KNGJTO5+-%$V,6D)Y9M,3,EJ%-.YA&$>HS(&T1U`;[GKS-TRW.]2599&$)S
M+`8PW$1R,E`;<QD>L1&^Y/7OZLBD[<$I3=E=S!*<I3E&CU3J4Y0,4>FTZ"(=
M2F`0'O#KW@/?GFH'10\,W^KM_JC?[NCYQ_J9Z6';?_>K^8/ZCU3_`#3H.>:F
M?ZLWY1OVCG6_R;@#PCK6X!_U&_M'_C-+SCWY2LI#B[0]B1_IQ?82/[GJ/U9Z
M#/T-Z4A.S1K@$(0@?3KW8/@D(4A>HV1GU'P2@`=1]D>G4<GMR!/Z&^^]I5O^
MVK=GQD9Y/9G,OE&[^<7^\&I^*9G3WDZZ^!>$R>W^`Z;X560KVKLK-D6>Y[.A
MG')J(3XZ[RYR1'-O9VN$=/"AL%.>J,E3YRMZ^IVR?5\NQC(.3EJ5!+W":D*:
M\E5DXIF%<"$3<3#>1XSV<W%&R1O,OF3RIGZ1M776H9#8-\BN*NM]QUM&I3M<
M<[ME*SL3E1>(2GJO'KN`@+KL^MPT;5)`_H8TQ7XY\NS01C'*15^UKEL+DN2G
MTO=E.O*A'Y^2.V:K8]/3-I)'JO;@?=L1JK5>FV<5]+RPJ3D"K3JE)0,VU;/:
M&C792[3/(1Q89MA`)M1Y5QXY)26P(?C`LRM-RFI_Z;MKT?L,UBF*S));(]-=
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MW-)ZBTO(+1].0C)'7T?K#C.''9:89N7,_))V)6;`5;>A'N48MO%*JFASJR`&
M/)GDXQEVSQKQ-<A);]1$HS8UT^2G149-=J535V3,E5H2!EJ%"I8V!`!3R`!;
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M&,3(QC&)F>:1``,I<L8\TMAUGEC&.YW/+&([`!C&,93/6,8QC&,8QC&,8QC&
M,8QC&,8QC&,8QC&,8QC&,8RW#>W)ZA\?7M;8W&)M4DK:&LH[8&KC&,>)I)Q*
M[%!R5V+^7C3)G.>01%$$BK%,4J@G,02E`U^M6?<="O65-SI\W(N`WE+EB9RV
M!([(Q,C_`,`Y:<Y5=<FNG%:X[<TY=@YB(C?;?MD0!_R<N/QD>Y.TDTB<Y"%J
M^S>ISD('6&KH!U.8"AU'U5>0!$!'RCTZCT')!B'!0A#AU`#E*<`'R]#``AUZ
M"(=>@]_01_'EZYIU[3^C\]JMK=-S]%T@`Y^CY>?EV)WY>>&_U<PRW7N5;?/Y
MLZ#NCY>?D)/+S<W+ON!V\LMO5E61Q;XYUS6G-K6C7+36\7/-Z\$,*<LYM#V.
M6=>FD''2QO#9HP;Q-'Q)WID"^"Y4\85,J@^"8PD"1W,>WF_]T_LK\FI?$R!R
M<X1T^GJ6I.1=2'JC2:V,#-D-F1?7@);JG"75&<AL3MU[D;@$1FO6[%.FMM9A
M5.5B$#(1A+>)6R1&TXR';$'LWZMM]M\OHTMSUF]K[1IVO'6M(J$0M#]VR4E&
M]J?/UF8-HB2DP4(S5@FB:XG,P*B)3.$@*503@81(!325`/4`'SAUS'5X=_=+
MZE]W)7XJ6',BDOD#\0?LSUQ=IU+3-0KIHH"%3IP;*`FUF["]\#+=LYR'\L(C
M8$#JWVW)):!;L7*C666%LXV)0C(QA':`4J0&T(Q';(G<C?K[<^3C['7_`#*O
M[ALQ25OK[C](<?QCYE;./L=?\RK^X;,4E;Z^X_2''\8^3OD^_NOX+]UD7Q9]
M`_%?MLE![,?[8MP>XE)_F-FR7O(A.S'^V+<'N)2?YC9LE[S7.+^\-_U5/!5\
MEN'_`$57^T_X[,BE[;_[U?S!_4>J?YIT'/-3/]6;\HW[1STK.V_^]7\P?U'J
MG^:=!SS4S_5F_*-^T<ZJ^3;W1UKWC?\`IFEYR-\I;O=H7NXO]3U'/0:^AOOO
M:5;_`+:MV?&1GD]F0)_0WWWM*M_VU;L^,C/)[,YD\HW?SB_W@U/Q3,Z?\G/<
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M\6J[LY>R12;YNK:GT&XGH]C*OW$HQD+&6),[(ZAEG2)&6EYNF=D4S?\`J>]/
M;S'0ER@2O]=OYQO:&3Z<@FSME%0*4>N[MHMBRJRZ=,70DFJ[*S.TVL:X0/X[
MQB:0IG4_=:MZZ=I-1JU^M&RZ7#TF[V&L52HVQQ8HL]<L<_<WQ8ZLL(>:;N5H
MU^:6<F,*"[=RHU(V2</5UTF;9PX2LZOG`!E?(:\&6N\37;EL"=W%;IVRUVF*
ML%5[%MB!UE'G;.G36SL;"^KL<^U56&<LT]/F4Q8:>S:5]O,U]]&1<XR[91XO
M*QVAJ9J^OO:97[/3]JUO=*$D6&NUEI[F]QFWPVY/NCQMRV!8+P*=HDW$N5T\
M<7YR_9R4JO)H&.T)Z3'8RYM"[4UR<$V]LK2ZAHZL2X)HSL4HH,5=7Z\73I("
M$=F,+"UR35S'UMYT]#SKYNNSBE';E)1(O#F6\-82MEJ5:AK?`SBEVCKL]K\S
M"3D'*UQV[H$Y3J]8*^698R:S=2RDDKM%I-H1L#AXH#.7!<K=5AXI6/R([,%E
M'61"04W$[2K:DC>*_*04)3/2F0>:3CF3Q;BQJM&:5M<BDV/Q6M[][=JA858E
MTUL$W(2)G5=B"/51']S#LXGT?JTM;B=E5RG[2BH28=UG9E>I]VGVS+;D0_XZ
M/]2[>D*]LC;5TD'#ZEAQRKD9.4Z+M4/`V2N2CJO,EX!JBNYD6,DAB[]1YN;]
M3<-<:K*V'TF"Q>D,;8H9_,^D`R"T2$WZ5-'JS_TH&4;N(T)/T/Z!&0069>B/
M1*1TB\MRP72?!6J:2W(CL"'>P\O6(.`C&E$C'Z-[;V:BRZ.J:#J&=2BE&FQ2
MZV=U^RP=$3G7X/M:&M9;'.S"HV==GZ`29W]8QC&,8QC&,8QC&,8QC&,8QC&,
M8QC&,8QC&,8QC&,8QC&:=0\X?XAFN,8R(3M./MBT_P"XEV_F-9R7O(A.TX^V
M+3_N)=OYC6<V;@_O!1^S:\(_(;B#T3:]:/$*R+Y'Z^W_`$AO_&)F5LW^QT/S
M*7[A<Q24?K[?](;_`,8F96S?['0_,I?N%S8?*#VZ3ZKWYT\B.%/IWX?_`+L^
MV8]O-_[I_97Y-2^)D#F0EF/;S?\`NG]E?DU+XF0.1O`?IBQ[.=XFIF9Q1\P5
M]ZA\)V;/P[^Z7U+[N2OQ4L.9%)?('X@_9F.MP[^Z7U+[N2OQ4L.9%)?('X@_
M9GOCWTK5]GK\39RG"WS%_P![G\%&?)Q]CK_F5?W#9BDK?7W'Z0X_C'S*V<?8
MZ_YE7]PV8I*WU]Q^D./XQ\D/)]_=?P7[K,3BSZ!^*_;9*#V8_P!L6X/<2D_S
M&S9+WD0G9C_;%N#W$I/\QLV2]YKG%_>&_P"JIX*ODMP_Z*K_`&G_`!V9%+VW
M_P!ZOY@_J/5/\TZ#GFIG^K-^4;]HYZ5G;?\`WJ_F#^H]4_S3H.>:F?ZLWY1O
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MA1^K.!S^Q_M'`#F_XC@!AZB'7/BDS:(J+JHMFZ2KE8KARHFBF0[AP5,B)5US
ME*!EEBI)II%54$RA4R$3`P$*4H:7FZ9#H?DIR?OUMJ3>-M>LJH\LTMPWE(#7
M[9I9#EAD;A>=T47=<Q.2J$O'3UYI*[^@'<PL%Z5UM%TZ"N5N3L<&Y&5F7]S/
M'KE?<=I;.K%%NT;18!2R:68W1A#T]X]MDN:W0LL$)L(+$\/.-)37\&P>"T=T
MIE;*`FTO$#,LI"'V`YGHV>J#"_+T&T\>5SZ%;^B")"@1?Q"7CB(BJ"PI%5\#
MQA4Q6*544P,!!4*4XE\(`$*4X]BDZ4?),FB;U9%-NJ[3;HD<JH(F,9)!5<I`
M5412,8QDTCG,1,PB)"E$1$6,BVUES,Y#;E75C*EK_4]6=VC;8:]JSVWV<)E]
M1%HVL\@+/:JSL_7U(NTM<VEQ@VNEX)NF%A+J?T>\O,HW"MMS4,Q[7U%<.T.V
M*M.ZXLK1C08Q&&BY^\R?'R'LUH<;JOK9IV?5SY&MY5ND+!I&2FIG-SET*I&/
M5JV@5:5I+:?0GUK.+K7D)-,BP9-E7"[=FU07=K`X=+(MT4U7*Y4O$@LX5(0#
MK+`C_H@54,90$_\`1@;P/Z.:@Q9`Y!X#1L#L&X-`=`@D#@&I3&,5L"X%\:#<
MIS&.5$#@D4YC'`H&,(BQD*.TN=NYEM9P31Y*Z3UM+V52&>P-QB;\$TGNB'?<
MC=?:N;L-&O\`7-PV%6V%N:P,ZZDK/`GO.QWL8[DZM$RC6&@[._LU=FV((B`]
M>_\`IJ!_<!S`'^`!TS;TX:(1(S22BX])./5468IILFJ:;)9;P_'*M"$2`K95
M7QJH*J(`F=0%%`.8WAFZ[EC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,8QC&,
MM3YI6JRTS0%GGZE/2M;FVTO446\M#.U&3]!)W98YLZ32<)_TB$<-U%$%@#N.
MD<Q![ARZS+-.>_W--N]VZ3\;(O)+1HQGJ^F0G&,X2OU(RA.(E&42^`,91D")
M`CJ((((ZB,PM2E*-"Y*),91K.,91)!!"Y$$$=8(/6".L9#I_XD.0'_SHV1\)
MGF3?\/[+8;=QXU_8;3-25AG7Y;&+Z7EW1WD@[]#VN<:M_1#E3^FIXELBBW2Z
M_4(I)D#N*&8ZV9!W!W[F#6GY-I^.=ASZ#QO4JHTJO)%:NF1OJB9*0I<C'S>Q
MO$RA"),3R@D;[$@';<9JO#3WMOMBQS61%1A$9LG,`AR`"!(D;[$C?MV)^O+L
MLB$[3C[8M/\`N)=OYC6<E[R(3M./MBT_[B7;^8UG-2X/[P4?LVO"/R>X@]$V
MO6CQ"LB^1^OM_P!(;_QB9E;-_L=#\RE^X7,4E'Z^W_2&_P#&)F5LW^QT/S*7
M[A<V'R@]ND^J]^=/(CA3Z=^'_P"[/MF/;S?^Z?V5^34OB9`YD)9CV\W_`+I_
M97Y-2^)D#D;P'Z8L>SG>)J9F<4?,%?>H?"=FS\._NE]2^[DK\5+#F127R!^(
M/V9CK<._NE]2^[DK\5+#F127R!^(/V9[X]]*U?9Z_$V<IPM\Q?\`>Y_!1GR<
M?8Z_YE7]PV8I*WU]Q^D./XQ\RMG'V.O^95_<-F*2M]?<?I#C^,?)#R??W7\%
M^ZS$XL^@?BOVV2@]F/\`;%N#W$I/\QLV2]Y$)V8_VQ;@]Q*3_,;-DO>:YQ?W
MAO\`JJ>"KY+</^BJ_P!I_P`=F12]M_\`>K^8/ZCU3_-.@YYJ9_JS?E&_:.>E
M9VW_`-ZOY@_J/5/\TZ#GFIG^K-^4;]HYU5\FWNCK7O&_],TO.1OE+=[M"]W%
M_J>HYZ#7T-]][2K?]M6[/C(SR>S($_H;[[VE6_[:MV?&1GD]F<R>4;OYQ?[P
M:GXIF=/^3GN)PG[!TSPBL8RD3`'=T-_<4P_]0#ICP@\QO>'^3FEYNF58RGP@
M\QO>'^3CP@\QO>'^3C&58RGP@\QO>'^3CP@\QO>'^3C&58RGP@\QO>'^3CP@
M\QO>'^3C&58RGP@\QO>'^3CP@\QO>'^3C&58RGP@\QO>'^3CP@\QO>'^3C&5
M8RGP@\QO>'^3CP@\QO>'^3C&58RGP@\QO>'^3CP@\QO>'^3C&58RGP@\QO>'
M^3CP@\QO>'^3C&58RGP@\QO>'^3CP@\QO>'^3C&58RGP@\QO>'^3CP@\QO>'
M^3C&599ISW^YIMWNW2?C9%Y>3X0>8WO#_)RS?GF4ZO&NVD2354.,W2>A")*'
M./2UQ@B(%*43"``'41`.@>SDIHGIG2O:%3XZ\P=3]'7ONK_ARR`G,@[@[]S!
MK3\FT_'.PYC\^@WG_P`&\_\`M''_`.O,@?A"4R7&/6I%"*$.4MIZE.FH4P?^
MN5@$.I3%`0Z@("'4.\!ZAGT;CST17]H*\/:S4>%_2#ON;/CU\NQR(3M./MBT
M_P"XEV_F-9R7GP@\QO>'^3D17::(K+6'4(HH+J@6$NH&%)!53P1&1K70#>`0
M>@CT'H`].H!U\F:7P?W@H_9M>$?FQ\0>B;7K1XA61=(_7V_Z0W_C$S*V;_8Z
M'YE+]PN8J*+1YX]#_4WGV0A_NKC_`)Q/.GF58W,'H=#N-]92_P!@_P#P%_JY
ML/E![=)]5[\Z>1'"GT[\/_W9^C,>WF_]T_LK\FI?$R!S(0\(/,;WA_DYCZ\W
M&[E3D[LDZ;9RH02U+H<C=8Y1Z4V!`>ABIB`]![NX?*`A[&1O`?IBQ[.=XFIF
M9Q1\P5]ZA\)V;#P[^Z7U+[N2OQ4L.9%)?('X@_9F.YP^;.2<E=3'.U=$(6<E
M?".=LL0I>M5L(`(F,F!0#J(!U$<R(2F#H'<;R!_L'\WY.>^/?2M7V>OQ-G*<
M+?,7_>Y_!1E#C['7_,J_N&S%)6^ON/TAQ_&/F5HX,'H=?N-]95_V#_\``;^K
MF*FLS>>/7_U-Y]D+_P"ZN/\`G'_^GDAY/O[K^"_=9B<6?0/Q7[;).>S'^V+<
M'N)2?YC9LE[R(CLRT5D;%MX5D%T@-"4KP15053\+I(V7J!?#('40ZAU`.O=W
M^3)=?"#S&]X?Y.:YQ?WAO^JIX*ODMP_Z*K_:?\=F13]M_P#>K^8/ZCU3_-.@
MYYJ9_JS?E&_:.>E9VWO4_98<P"E*<PC1ZKT`"&ZCTVG0>O3N[^@=X^8`$?(`
MYYK!T%_#-_H5?JA_]V?S_DYU5\FWNCK7O&__`-Z9I>V<C?*6[W:%[N+_`%/4
M<]!7Z&^^]I5O^VK=GQD9Y/9D"?T."!D^S3KA3E.4WTZMV=PD.`_;(S]CI_U\
M_4/*`Y/5X0>8WO#_`"<YD\HW?SB_W@U/Q3,Z?\G/<3A/V#IGA%98UL7LSN!&
MV[U:=F;)XHZ9NE]NLH,W:[7/U4CV:GY8S5JR%_).Q<D%=R+1DU;^,$H?Z)ND
M7I_1SA?K179H^TKT%\"T_G>2-XS2\W3(Y/6BNS1]I7H+X%I_.\>M%=FC[2O0
M7P+3^=Y(WC&,CD]:*[-'VE>@O@6G\[QZT5V:/M*]!?`M/YWDC>,8R.3UHKLT
M?:5Z"^!:?SO'K179H^TKT%\"T_G>2-XQC(Y/6BNS1]I7H+X%I_.\>M%=FC[2
MO07P+3^=Y(WC&,CD]:*[-'VE>@O@6G\[QZT5V:/M*]!?`M/YWDC>,8R.3UHK
MLT?:5Z"^!:?SO'K179H^TKT%\"T_G>2-XQC(Y/6BNS1]I7H+X%I_.\>M%=FC
M[2O07P+3^=Y(WC&,CD]:*[-'VE>@O@6G\[QZT5V:/M*]!?`M/YWDC>,8R.3U
MHKLT?:5Z"^!:?SO'K179H^TKT%\"T_G>2-XQC(Y/6BNS1]I7H+X%I_.\>M%=
MFC[2O07P+3^=Y(WC&,CD]:*[-'VE>@O@6G\[SY+]D)V93A,4G7"/CTY1,)1,
MBZHC9RB8Q1ZD$R*SA1,QBFZ"01*(E-T$O0>@Y)!G6NX:A;K_`*PO%)HM\5UC
M:[37G\'$7UO#J3SJKJR)"MG$HSC49JNKJ/DV)W23%PVFHYU'/%D))JY*Y9I%
M,[.S&1JJ]FGV,*%'F-F*<6.%P:\K\E-PTW=RURG*56+F:Y975,GH=[.IO3QJ
M,M$7!D[JLA&&<>CFUD;K02B`2A!:9S>H]E;V4]OK4):*/Q"XR3]1GX]O+5^:
MK%6C'T!*QCTOCF[^+>1;T[!RU<@85"K-CF(<PF$P^'X>;%*\7.0T'QPG=!0<
M=KY\V^G3([3K4QJV2=Z7?UFHP^_ZS>*Q3J`O/NMGJ5/8X59O*6""OCA9U&0T
MG&-JF\32?RI]A,[TN*&M[9J/0&N]?7@K,MHK[.<)(@UED["Z\7)6N?FHWU0V
M9&%KJ-LN@Q4FR-?;@A!Q3>VW49^QH,&R,F0F5,I'MD3ZR3^>4``[`!ZAEMGK
M179H^TKT%\"T_G>=7[/[-SL=-51S*:V[Q8XETV*='>HLI2[56(8LA%@S/)2/
MBWDFX%%!)FP14?/5#*)HH-43N%SE22,<LM>6_<E->7';NNT-65EPT85^_P!K
MK%=VW)JRRL6_;Z6._P#3+9<5!D2CI#T?+7>!CCZW!N<S`&4;<Y.<(_27B$47
M`$@[@D'ZQU'*Y8-;.S;[%JAJ4Q*Z<7>%=5/L5<C:AA/UZFQ/JP64&-*F%<,]
M?(%EB'4FH5$J[(54/'S,0W\;X^38)N.WP[(OLT?8X5Z"Z?J6G['=T^R_8\G3
MV,_!RVXU[-Y%)O8:M04EKM];JK?]!62Z16Q:@>O&TA/V.GRZ<I/5J5U_/6(\
M@X38S4A7(/7\C4)]A)M$8>:O36,E&LO7Y*2AT#V`[S#W?A$1\X]_?W^QUZ].
M@=V"2>TD^LD_GE``.P`>H;9'+ZT5V:/M*]!?`M/YWG5LKV:O8V,=C16JYOBU
MPZ0VI88\DK$4:5KU6"ZS$<*4FHB[9PKQ]Z;O$56T#-K-/%HG,X:P4PNU*JWB
M)`[66W(Z-O\`&"\7;D?7;M4TIN`I#38^I=WWM=>ZU3U/7BY:6K<U%5.(C*UZ
MB7M^C)J4Z5FNS+T;]!T1"NQSB:/7IN=.\CYD"1V$CU';\LKL#VC?.I&O9M=C
M-],Q;4;/BWPY2VTP9#**4)O6ZRVNR#((YI*'=I0I'B4J)$XF18R*XMTCG1C7
M[5XL4C1RFJ?M?UHKLT?:5Z"^!:?SO.<FUUNJ\\F]/;0LE:DJ93]9U^57DHMY
MN1K;:3(3-KU:I"N!K.N(ZH,#L]B5NSV.=KGTQY&:9M#T1C8VL=$O#7\B%;OB
MP23VDGUG?\\H`!V`#U=61JRO9/\`9?047)3<WP[XZ1$-#L'DI+2TI5F;"-C(
MR/;J.W\A(/G;]%JR8LFB*SEV[<JI-VS=)1990B9#&#@#;LQNQK?'UR1GQ1X9
M.U-P,%I75!&];IZRFRXUO7`N#B1H9"/C'MK)"J"%E7=P17R"4$8LJJH1D<BQ
MI6Y.-83$<^BI1BSDHV1:KLG\?(-D'K%ZT<IF27:NVCI-5NY;KIG,FL@NDHDJ
M0QB*$,41`;6:CHN?A:CPF82#2N*67CRU@8^Y2::@*K$CVW'2]ZQF65<D3L"N
MW;1Y<)JN/%&JGI<@\8L"R#@GHE@U;B!(["1ZB1^6"`>T`^L;_P#W8/\`&6UR
M797=DQ49:L0<IQ"XJUB;OLNYKU/BG55@H24N$Y'P<M:'<+7V1GK5U/R;&NPD
MU/N&#!-TX:P\7)2:B2;1HX6)RWUHOLT?:5Z"^!:?SO-TMO'S?^Q-]:;Y`2%G
MH$`A3KA53NM86"M25ND-?4J*@]G1=Z)1]@1%UKL4ZGMI/K#47\P[<T1)9DW@
MZ_'N',K'58T;,2#!W``>;_O_`+_\L$DG<DD_6>LY7(G]C=FKV/&O$:FQVUQB
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M1*39(-6IL]`OIDVSWC&]W_?6PK%.3TXVN][+7M4UIO0JU&A9G/J+&0&T)SB-
M]]HRE$;]77L".OJ'^!E#&)[0#ZP#^>4Z+X.=A=OL;9%<:]+<#-L%H#QHVNL9
MI)6@6Y"GOY9>4;,TK$QH\T\0A'DDZ@IA%$'Z3=9XO$2!"^,49+@G<*GV1_9K
M)"84^%VA"";H!O!IB8=?!Z].O^M^QX0]/QCG4?99<2>0W$XV^*[?X]CJWCQ+
M/=?M^-W&=MR)MG*8NGE8@MV>;8L$-M*Z:SUK-0-.V7,S];=5[4B3>>B::YK<
?U.LY%@XN#R&92YYY))))))/623N2?K)/;E>SLS__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g144318.jpg
<DESCRIPTION>G144318.JPG
<TEXT>
begin 644 g144318.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@!"1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?0T].7T]07T5!4DY?0E))1$=%+D504__;
M`$,``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_```L(`3L"K`$!$0#_Q``?``$``00#
M`0$!````````````!P8("0H!`@4$`PO_Q`!C$```!@(!`0('"P8'"@D)"0``
M`P0%!@<!`@@)$1(3%ADA45>7%!4Q6)*6F-+4U]@X07>!L;8*%R)A<9&A&",R
M-G)VLK71\!HE*$)25'B4TR0S-#=55I76\4-$1DA3672"P?_:``@!`0``/P"\
M[DSUR>:]1<ON8-8UK/>'TQ=Z`YJT]QUI;@P]U5.%')GD]#K'(B_C$ZP2P(_:
MJ1$R.D1T=W%0>_O<$WBB/*3)CPX$[Z(F1[R^\A.KU4::4<].,-:-O)6(V_Q!
MI2YY+;'(F/<<V:UZ>XZKHWQP5W=#9Z^Y>)ZP1R6J7DO<QJKVOG]9'S;%G$9=
MXTN,9(WMB4&0K;_6YJRO>+2=JKXSD)>_(C/38B?+R1VC7?&<EQC%.M=F4IM(
M*GN;D-%&A^?(_6Z&;2@U#*%]>Q;:R\0]D/5J7PK2%-Q[]GR*!ZY\+A_&WA:@
MOF#<C>1?)"P^`5=\U.3+SQKI!FE[-3-8NS-IH[V]:C0Q/$32QQB>WE,Y'-\<
M@+"_O2=`G]\LQI`SJFTY7<N?UQ>)ZNM:8LF$UKRIM36W^.1W+E?":LI+QVG=
M-\:D\B>(H=<%S-;;+-6F.QSW_CDC;T#9&GZ8RM_,C[T9'(^[$-J@W7*/$[HJ
MZ<TY'.0,6FK(ZTW+*X:K<8;"U/W31]=6SS&B9BAE_NA640:F:C(P=J[[[JR2
M#4R?&^JHHDTLTO3!-TF.K1R"Y><@[+KKE%7D/K&(7C2QO-?I][,+,[,[Y,>)
MA5OV#5BE%/%+JYKT;O9"!O:*]G!I+5E"?M')D6ZJ&I$W*$62Y/XZ_P`()XC<
ME)SQS8(M2_,&&5QRILE\I.FN1%FTY'8O1LENQA*<S%-5$R)'8[Y(5$D4FMAB
M!$Y-L7<(F:[&&-&\A+<&F0D,UT[!U0JJ=N2T/XKRZD.6-'S.VWVVXG0\^O"C
MCX)4]X2>G&MW>I2V5Y)MY&ZNOA5#"RN$EBIDRC,233./DD.4:-<27%LU6V(=
M';K`_P!T)QGX<,7,:3NV>2G(JC.5_(5-:.\(B4*J"4POCER0L2M)2PMZJ-JF
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M=<I#%HU&9D[,CDV1%]>EI)9)L,4W_"#N(MV3RD(ZPTIS$B];\@.09_%&`<C)
M[3<;CM#J.1GNYV0-53GR8BR720JWY_/:]=&QQ8XJ\1TDYP(1.KLW.+=(D;)<
M%5/6-XGVS$[_`+A;&2[XOQ;XZL%FOTLY@3>M-&3CO)LU'*$,1FC!`GE-(G2P
M7^5IWA;L4RQM97+.Z2DM&JVCB=R,W1DJX`L[K-5W/.-7,S6H(M?G'3D]6?`&
M\>9="1GD_1_B`Y617,0@,@<(O==>L[ROD\?ET1;9*G9]W>-2/9LE"(@_7QBA
MR5#A=LGASCUU>8[!&F,6CS*Y*OJ5B9NC!PKYSVY`TG'>)M\/9)3:ZYM8I19,
M<M"(R`R92.7VG,Y8PQ)KH\FNVJ(Q@W1M61Z0'&N+@D2_K2_5[LVZNJ=8-3(Z
MNY)5]QQK?I4OW*EYXX67QO3,?(UWMQHNAH3-3W"FEG,D4DG94UJU]:D4.BL3
MECHU.,C4*&)P0M4V:GAN;Y>O'KF02O./7,J=QKBGRK;.0W$.J8S:TEXRW;6S
M76<VS!K`)?"8;;3DK;9I*&@RET3HPN":?2:,NSY)X:6D.T61(Q7N01O5L2ZU
M%;_Q'<;9C..-G+%PO*[..A_)63<?*DI@J?V%`*9C?O:TRJ^GME2SG<IMI!YD
MBO?6K7!2^K)]832>BU986K>M5[8E_7DCUK.,T*B>C512>[;ZFLTX8+N9C)(Z
M'I1\LZ-5#1DFC;F97=TW'HHRWJX_&E;Z61LLC2-CDTT;DR-<HD$/0-I)Q^?C
MXQ=1R8QGH70#J5<DS3+-GT>XANMY3XIE:V&'&3V6L^KV0@:$:%@:T4>C>TF=
MT[0T;*&]F+;6S"PQ?JW[%E9(WLEL;G%U:.&7%ZE^J#RGEG%2Q>.,^>J,=^1G
M$RNJ1E<'FO'2H[]?(TRL;_7-Z++2DZNS)U"U$OC14L99=$4C`N6GN"1J7Z)-
M2W=#=M:/\('XE5185\Q%]I/F(YP7BK?*3C[R=Y"L%,Q]=05&2=TDK=%&613.
M:&V.G=%,3>'AQUT3&1J-O<C1)2<+7F.-J=S8=G>XNQ^K_P`4ZQNR4U*]L]XN
M<1KBVZ[H*W^3,9J=R?.+M-W=:VL;\1ZPL:U2',LYM?7$Z:0M&\.K-&WV'PQP
MET>;YM)HZL7X)+^:%=72CK+N3E?2E:T;S`L)^X9GW*S7/(H302Z4PTN;T^HC
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M-0*R)O74RDCY6;5<V8'5;BA60=]=%+27+UD8U:&]'[@?CI`_M$=57'^7<XBR
M&!<.IC3M=<GN1,AYJPR<657-145422:6S$*XJQZ<8O:LULN.*)<T-C*U5[+6
M9ZBCFD87V3/4A?FA>BA#;)_!E;G?%%.O7Q"LN!<>)=3-7\K[KE7*'^/5PJ2E
M:SIII=KD=HCQTECC#++G3E'':?L3$T1Y&\-A_O2A42C:8.Z?.<D1712D<4R+
M-BD495)4RG)"A-E002?E.JTU*4D9.*T,R2H+UW,U+/*[W@SM-3-\:&:[:XWV
MQC&V?H`````````````````````````````:Q_(_H1<A^04UYYP\KF15<$XK
M]0CD97=[W!$BN,)LUO./D5PBCA#9'JZLZ16@3$8LY+#(Z5G,KQ`%SLU&'>Z&
MW?0K9>VN-Z1O2G?]]NL_KI=+;DKJJ5^P0:-;J8@Z*E5.88N-+Y0.KG)%)DCP
M98"E6I=M),IV1YCIQ^"#49AVRA3[J+L_WZ)7**K6Q^CO&+E?3D,;N0?31X_]
M/'E2\671\PFKQL;QYIY333%==((VBRV!O97F20]:I9U40F9SDTL)QNTBT62!
M?J0W)[*>1O#JQ^FTGAC;3EW7N]6S*NDC#^"%@QVK>FY>_)^.\@E=5M\JCL%5
M4K8=?OBF%T/?"LW"=GRTW4>]P-EB3T7.7%LD2DLMMWKJJ>@5;#U07`FSI)#>
M&LBY!5YP*K;B_=5#\Z:&?[\K&*J6"8R6T(O-80X5Y/8<_1JV8"HF[O"):VDN
M#G#IJS8-;<K6M2EP]J\ZW)?@]-;7Z:S_`,!*9LB`\?W"5TK#J$=9Y"*J-:H2
MP0/8IB9+725[5+1*DQ,212V'$RF/11AQ)UZ*')Y"068K=]&W&ZBS=NZ"O'F@
M;\X9<B>##]**#F?&.:KFR9-D_LJ^KZC%I\=I9!ET%G5/-[!8EN.[/7!JQ*H3
MO$=<(@VMT?9W8K!JB-K2D3&6TTA2O1`E-3<5>E+QR.Y"Q]\6].#FHOY7/<LT
MKAU0IK6;5DWMJ78AC4S[RU2=$5Y>EDID7OVM7OB7)K0:J][,Z*]$Y41<4N@E
M:U$<E.*]VS6]./\`,-N*-_WO:JBS6KC_`"/3ECRS079$IVQ:/7*&_9/8KXN<
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M(3FMR(I^>V+7O"*P>#/']JHFII9`(8UQZQV\Q#+[RLU/,9M*'A\LB3$%($9L
M/C"QE@T>0EKL-IBY4K2GH+^^"7#@CB7P/HKA9-Y$TVNDJRH-:HD[^2QJ6!GF
MB!1[\%.VWO$I<7)4@1.*)X/1&I37%29X/)FWA<9WQC2PCBCTZ>?7!]JAO%2E
M.7-`V'T](Y.5Q[=#KXH&=._)Z!4B_P`H5OLFHV'VG"K:C\$D!"Q"[/S2QSV8
MP@UUCF'?0]*RFHFM"SZQ!2/1.N^"F<*N.EC<EZZF/`GIT<GC^5O&F+,-42%@
MY)2^8LLCFDKJ2&75/E,T75ZHC=3N\_?/"/</AR-UL1(E;RG9MCZC8Q61[4!Z
M'DKAW$W@+QL4<B6)>X<,.IXR=05TF!%=.J4F?,[1:MFV+M6;8UYEIA\9=U!$
M_(;=)8H6NR).I:S%N6,W13H05%Q?0"?;=L[G-,+\GW'FI(CR_P"-\QX_O%?<
M&Z=GE11*92Y\M9%;,6Y0W+%YU9DOCL@N:%/;.VE$HF!(C;'W=0]K5;ZB,>'$
MI9*;ATA>4O()PMJ>\R>3=,R.SL]..[>G%Q[VI"FY?#X1&(]=L671N87_`&@V
M2R?OSW)+'?4YJ$@V%15S880Q(25VC8>K6+$BINC"Q_X/*IM>O9=7$KY)MZ5J
MD72)XF]-Y`X--;.'NMJL?BA8,)M"+7@8G/F)>BZ,.DL@3-LMKO"E,XY;#5B/
M>4YWVU.'I3GHT\X>1UG<D+^Y$<XJRB-RWGTVEW`&,K.,M.SV"-M7D)[=A]IH
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M$D3_`&%_&?Q]GRBU9E54:=(%/<3_`(T3A7*8Y#GIBLW5H:(0X.KQ&G]A;"HX
M:XQV08<3G-KS?#+N@TS)^8=IW-"HAP,L:I+^O&/WE-C.5W%F271R%J!QT211
M#/8?2,^1V5'XPX1688B^[M&B)\R&YK:2/C@\I$TGV+P0IF>1]'J?N7'+JUTI
M'.3ZJ$2+J1<I9?R1B\WBD9?&4^LD,@/@*PRL)1[W2M*\2B.R=/"ED0GCA'':
M,+72'2EX2-Y293G&IMO,`Z!<EUKGJ+168V5QLJ8SG[Q4J*@TD"XD\;%M5TY0
M3_4VDLPW/;`PO$Z=GZQVYW6.C,\29SDKDS3&1N6T@V/<6\HYGPWUE8O1FY!W
M^W))%<O(2FV:RE/2*NOIA/1=8U;.M(,6MGDXRY0BUFLB53M8_P"R5BAK>RH)
M3'%:G0YZDV'1R:%S.TGHVQ+7-]]',FQR:0=)M;;BO@E%])B[^G?.8S!:[<G2
M?SO2P*L9HB98<`*UD!A:5Y;]X]NY,4+5I'8YW=36]H,<#"SC<[XW.GE4W*>V
M>I1TXY2YRRU;HHCIU<+KEIM[MR?<#+HX&1UB-DT.;ZNKZOE#-?3HXR:TN02Y
MN0MCA;"V$X2UG'&B.LY+"EV<MGU]DF73FITWN2=T<]*PYU<;;[H*MI/`N+4D
MXRK87?W'9_OF-.K9*+&6SU?(TR1FM&N=43@5G=`W(\&[J?`:%+LF84%+_!$6
M?<W>AQR&YFS^T9?,+]XP2-7?/#RL./\`)I+;'&63V.\<9["KZ/JT\PE_!^,K
MK2)BU-1V]9(>2YS/+ON^SZ&IR=MHQ*'1=L4<5=E7O23D<)G74#F!UVLC@5S7
MX)T%P\:T)4%<DV]?N=,<>Y!2*N=+S=Y*=K(4#\J>2Y"F8$VC4J;TY&[::YJ3
M=\+,4]#>CO)8LOZ/*XV]6-7GI><<>1=%2`LN!.96;A5WIQR046ED31OM)]O$
MQ+'%B/:1GMJ_20&N:8S#82J1&ZY5YI#I^]%&4\*K2X=V([<@(_8!'%[@+;G#
M%R:F^O'2/&3!ULSD3([R(GB-6JE3KHSM[2D?_%TY@4)URE8I39<RW).4=JC)
MQ]']/.4=(.-=.J80CDK9O\>?'^D>7W'9ZGU?].+D#S#K2TZVN*]WJ]V^*'0B
MEY8<\U#;[)(;)W.J9RF\@W@E@/L<.+DIZ:.LCPS.U$4%T2.6?(SI(</>.UE,
M_':D9TE?;]LI\FG(JEIW+>8_&IPN+D.JLZ+S.EI7`+!KYHKJR#X4D:3IG7[T
MWE("Y*I;C'=P1JX_[QHMR&(,*B+12,QI4^O,H4QZ/LK&HDLB5>[7^0'M#6D;
MC7Q\6=FN%3P[F)MG%T4XUUP>N4J#>S'?%1@`````````````````````````
M```+?;)Y6<<Z?2KEMGW)`H,E;K#8:F5GR)\(0:%V3)61HDS5"]._C.Q\@S&'
MUID[@@38.,9(RLUD3Y[VLQ9ZTJ?$ZDA400J3'%GIE)11Z<\K;!A1Q)Q>II1I
M>^O;C?0PO;7?3;&<XVUVQG';C.!XL@E3!%B&]2_.);>0Z/+6P(3=R5)VI[L\
MJ/<S<E_\E(/R5@\[&<94'8*2)]==C5*@DK7;?$=0GD!3=E>\^8+/F:4Z/IS0
M0UF,_OBH)4&/]71VZ67&YV$6A2;1SJ^61R9(MUNY!1[4\(==-\K3LI-9DQG&
M,=F/-V=F.S&/@]&.SX<>;X,=GP>?X!3TJEL;A#&KDLL>4+`P(#$!:YW<CO<[
M>B]\W)&THS%BG.,E)4YB]>D),5'[%I4VIOAU1Q"8LTXNHNW&?@SV_#C]>,]F
M<?JSYL_S@`XSC&<XSGM\W\^>S^KM[,YQ^;.<=N/S#D``````````````!QC7
M&//CM[?/Y\YSMG';V=N,9VSG.,9[,>;'F\V!R```XSKC/9V]OF]&V=?]'..W
M'\V?,.<8QC'9C&,8]&/-@``````````````````````````````:]5]5A.BJ
M'=<0JL[MDW-2B^=-KSV#3NGXLR2'15(K`Y!Q6U8ZYV!'Y)(8Q$WVK;0I*4UV
MUN21W,+C,:\3#TVLLA:ZORW=%DWNFM;:N,SAFTR?$LC[018R]_Y.M=06C+X$
MT:MF_&.X4&K"ND<5D<7ES_!B;K=89JW($RW<]:O0QUV<"/`(E)Q=B50T'S4A
M+70Z=Q=[[>%#_7O"9YY"&S6Z768G+;08+8G._(3#EEZF3@2G(5UR\-2&;,D7
M+31*5,J%B1Y;'=4SI=4T6U_QLYYUU126.5>PS6`V(I@;0A-T;)S'8\4=(HQT
MDN.E+1LMU6X>EC+NL9N0,'E$5BKB\(W9JCD\;4,P,3Y8DY;P;.<6H:[;)O2&
M%%-7+6M.'!UC'NCM7$^OR;LTX+6$\:+#C\I7/3ZQ6H\V2163S9+[6FK#$SK`
M<RLVU`I+8[*W-D>>R7N5P_(8UR?B%?M"JVH1>%O[/_3\S5%\L,]>'I6A8+4/
MX_*(FTIJO?XU8JEBL.97A:;XQ5W8D8>:VD$F*F[JJLULLJ/Q=C.97C.14C#*
M8M5E;QF<O69'-([`H:Q2Z0[&FGY?90SQIK;9"\9..Q@T[+H\)5J[PIF,;F^Z
M/";X[VV1(0``````````````````````````````````````````````````
M``QP9CG5ISGMS;W3KSGM[?/QMY/9\_9V?GY4>;S>@=O%[JU^M_IV>;X/^3=R
M>_%0./%WJU>M[IU^;L[/^3;R>\W9\'_YJ/S?F]`>+O5J];_3K\WP?\FWD]YO
M-V?&H]'F_H\P8CO5JQV=EO=.O'9\'9QMY.X[.WX>SLY4>;M''BYU:?6]TZ_/
MC&/R;>3V,]F/@QVXY4=O9CLQV#MXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>
M_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B
M]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7
M!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/H
MW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ
M4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=
M6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=
M.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W
M)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(
M>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K
M]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L
M^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>
M_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B
M]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7
M!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/H
MW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ
M4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=
M6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=
M.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W
M)[\5(>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(
M>+W5K]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K
M]<'3L^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L
M^C=R>_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>
M_%2'B]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(>+W5K]<'3L^C=R>_%2'B
M]U:_7!T[/HW<GOQ4AXO=6OUP=.SZ-W)[\5(_4N/]67&,^%M[IXYSV^;)?''D
MYKCN]F/-G&W*7?.<]O;Y\9QCL[,=G;C.<Y&```'SJ%:5)J7LJ4$I]3CBTY6Q
MYI96IAYN>Z407DS;7&YQNW\DHK3M,,SVXTUVSC(Y-5)B3""3CRBC56^Q:8HP
MS70Q09IIL;N63IMG&QN^A>NQFVA>-M]2]=C-L8TUSMC]>_IW\%][7OYUSOC3
MMQWLZZYUQMMC7M[<XUSMKC;.,9QKG;7&>SO:]OY%JDYQIY!1Y1AR;.FJ@K0S
M38TC8W3!A6IQ>N<[E;&%YP87@S77)A><;Z8VTSVC]P``````````````````
M``````````````````````````'G.SNU,3>I=GMR0-#6CUUW5N3HL3-Z!+IN
M9H5INI6K#2$R?3<TS0K78XW378S?0O&<[[ZZY_!7(&-`F;UBUX:TB5V4HT;6
MI5."-.G<E;CCM;TJ`\X_0I:I78\Z).EW..5X_E)]#<><>GN<27L7H8:67L=O
MX,K7??73)F_=SMW-,;9QG??NZ[;=S7MV[N,[=G9C.</#$^%P1DTO!VVFQFI6
M=]<&;::9QKOOKIG/>VTUVVQKMMKC.NNV<:[9QG.,9_4``````8L.J2NX\/5>
M16G;"K:FK=Y"W4V61`^,<3M\EC]Z8J[O$=1-]@7:[OKN2>?7U>4VSJF:63NP
MF?W+)$IA,<AD(5'V!-(FTN5@/)B$U-&&KD^@O"S<6C;G'SIW<5,\';7G+^UG
M6B[V5'$=L)V.YJ&5GN*AP671:/)-@K)'-7V(JU\@DSL;7,->U2UD=F1"YY/=
MH"S,W4OK6Q]RW;,XG_!Z[VJ6&K)/(7=J2)X7<W$HIJ:(S'W!X71V)MQ"Y^?E
M[B5%6YLU?75R4NCZ<YK,)SR<?7!E)6379W`&15FK1+N2]H5%RC6<\7%$>UK+
M,DSLUJVITG3ER0U*V]_]Y#`^4:I%#(.KEA6%<.PZO\$BFR"/J5S9C85`````
M````````````````````````````````````````8D>LU<7!FCN)R.=<Y:N@
M-]LR*PF])05`V&4UN3%;O(UYB\ICD`CA[+)5:>$;I$Z)\?'!YE4\*/B]>,A*
M^;[;)WQG8S,ZGTGK"L:MH/C30/,2ZZ.NFEZCZ"G4BG]#S)!:#!8=+L//)/>.
MST9%:`FY,DD++)[FXSP>0QNJ:W719S=9<Q(XZCQ$LEG*""M<IUP5+/7B:_P9
MGE=>EAW>[W_+)WQ(K6?US-)BJ+KR'2M3P_LN;6G*$M=E)$I:>UY_+LH"K"E,
M@7/+QLFC#4Q-F&1%AU2.%UY=&ME7_P`(^K.PM)]:D[D%Z=/?E%,7<JQ)H;(6
M&"-C+<5%1Z.5U54:3HFQE@]?,*0A4XD-2-&I='5_>GI\D#R[KU6AB?8R````
M``$:3^F*@M8QO.L^K*XL4YI)4IVLV=P6*S`QM(6&D'JR4&\C:'/=$4J/2ICE
M!:;)6AYJ<@PW7?<DO;7[3JJK)3F";**[@IVU78+Q6NQL0CIFU>X)1D-Q6(-G
M=MVS$/!MZ9.A+\7?>WN(R"$NG80247I6&[8W&.!#MN@1;NJ5$K;4SELD3[+T
M[<O/1*ER`A;L7E22B6*6UO4*DI9NJ=2>A1G'%[F)4^Q?@,L"@\<D$FED?A\6
M8Y1-#D2B82-GCS.UOTK/;2=D[<?)7E"B3N3\<@(WW(1&NRI9ND)VV+3[%Z;9
MUS5H````````````````````````````````````````````"AYW65<V@VIF
M>RH#"K!:42O*]&US>*1^6MR5=LF.1[+$R&0MSDE(5;)%!Z7*@HK0[*<\XC._
M@C=]-J%<N,?&]YCL1B#O0%).L4K^2YF<$C+E4\`71^%3#W28L\;(DR*HZ:V1
MN2X5FFJO?UE2HG3W0:8?E5DW?;?,IO$4C$A5L"Y_CK$]K8J[X?XRL>&=N<U<
M=?=4BIOU>F-2N3*#VAVPA6K$6')N,3+<)%:E-@_P*@[3<=%(PHDB&8GQQA.E
MK8T+F!NE!K.VF2)`Q.:E,M<69$^;IMG1(TKUB)&J6MJ=66B5J4B8]008:05O
MI[X`````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````L;ZBO.!BZ=?%F:<L9?4MFW#!JZ=(T3.&2I](T=)X_'9
M&[%,'CB>FE#TQHU#$S/"YH2O.4RHQ6B3NFCEN1AN1."E-C!Z7_\`"+:!ZJW(
M]1QSHOC-R7BSDSP.26++9U/$U:8A41CK`<W-R?=Z41J:O;CJJ?G]X:F%F3$H
MS#%"U7N;MC5(C6'D;$0`````````````````````````````````````````
M````````.F32\9SC)FF,X^'&=]<9Q_3C.1QX8K_]4OY>O^T=M=]-^WN[:[=G
MP]W;&>S^GLSD=@```1I<M2P*^ZGLBD[18TLFKJV(1)Z\F["KU+R4Z1B7-"MC
M>$NN^^AF2%'N-88:C5%ZX/1K"DZM/N6>07OK@X_@^W1R5])JF[\36.K9)'=U
MRW3)2UDK;/<*C&](UF]/<:I5(6H(U-,2FREK/=;/>&[W5C=`LF:%D<4Q3C'C
M<XV$NW&?@SC(````````````````````````````````````````````````
M#KOV]S?LSV9[NW9G'PXSV9[,_J&DCU`[/YP-?-?DHTUWU&.7-5PM#9ZQ)&*Z
M@KG7944BC=EF8S"F=A)=X8Y.!:(L\XXPO10L-W\(?OG;;.VV=LXZ*NYB<TKD
M)FJB`=7/G$\$P&>O]<R`S#K4^FNC]'MB<'J$F=8$9[I9W#0[)S.XX[FK@22H
MWT+T\%M@;170?EW(&61;DMO?/**ZN3*M!)ZQ*C2ZY%<85J8BE/896:Z)&',:
M8F,LLAY/U2'N&%)9^=C&])DG)>?#9-S^@``.,_\`^X_MS@:Z?E".G2T3>[8Y
MR/ZJ#A4]K1#D3?T,>*Z*Y4O$*+B#7$K5DK#'&+2,HB#4[5AO94*5-[FU[,ZY
M*SW]L[][0OT/**]'/_\`>4<_II2/[$+F>GKRIH3D%R+Y%1OC)R_6<KJH@U4T
M6[&K#[<66R7$YE+)%:J=Z*]WK==3FTQR;X^U=B?.N-#-$>VVF-<Z[Z:9A```
M'7;.<:[9QV=N-<YQV_!VXQVX[>SS]G;\(U2N9W5XZJE(<J+UJ2F*7X&R&K:_
MGJN.PAYLETY%IITX,9+6U+"5$G+BJG,>]]-CUBC!F6G0I)@K!.FI>=]=S#+9
M/+E]:/XOO35_^.<J_P#QQG8Z1?,WEQS)K^XY%RV@_'R#R&$SJ/Q^(I./RJRU
M30M9'&+Z.Z\^0&64<:M]\RW';!:3+9@I)[CVSJ<7D_3PIF7H```SGL_KQC^O
M/8+#8A8_,&T]IV^P4WC8R1..VS;%=LR.5Q^UG.1&(ZUGKW"BW!S4,<H2M^ZI
MR]Z,K=]$:0DDKPO<UU[-<XUH*G^1?(2_'RYHW45L<.YH]\?+8>*.N%"BK_D2
MAVA-IQ]O0.CQ$EASR]-J9R4H$+FA.-<&,YT9=LGX)*<C#]#2M)NI.VKM=;SM
M*DKE2U8<L@]<UC8#6^5DAE[<F5E6`]SMH-;W!++'AV-[[?XFX-+-3;E:F95[
M8WU[=,:ZW@@```````````````````````````````````#KO_@;?Y.W[,C0
MKZOZNTDE[\U-:4CQTFM-QFSBR0M`2O:&SW(ZOC-'6O9^,6OB]M;B](ZB4JW@
MK0U5@PY:D1DE%&Y,VQC6DZ3\3Y`02SK&]T1!8JJ-Q>'ZMK(<=7^.&%Q6SX+I
MA>WK3&_=Y]\G#*?9<J8ERYF0KR%)+]HHU/.+0;;%_P!#+H._XK\F/\Z:Q_=^
M4#/^```"#W;C+QR?71R>WNA*5>'EX7JW1V=G2J*_<7-T<EY^ZE:X.*]9'3U:
MY<L4&&'JE:HXY0H.WW-.-W,VVVSY_P#<H<7_`(N=#^QRM_\`Y8%?P:IJNK#+
MGFMZX@4`R]>X\/&83#8U$\NN&_W3[@PY9C[6VY7^XO=BKW)[K\-[F]TJ/`>#
M\.;WY!```!\QB5+MG;?=.1OOMGMSG8DG.VVV?-CMVVT[<YSGLQC.<^CMR,97
M![J<\?.=?(#G-Q_J[5!K(>%5R(:R7KL.36X$6''SFOWM73Z/DD%:9]YF^SV"
M?P;?*4QR2[)F)@>]EY?C0G;TF3DHDHG&<%%EEXVSC.V"]--,9SCS8SG&FNO;
MGL\W;GM'Z@``.,_!^O7]N!BF?.-VO+W@ES(XW:2I\@KI:UN\PV&+3B./;M'G
MF%SI/>\T>(#+4KJQ&D.I1<>F;:Q.B]*F-QHZ-B9:U*M#D:Y029IO?P5[@?R7
MEO44Y'VYR%D-M,L6X33661ZP(FZS:6ZL\VYC.Q[K"=DLN2[O9:.:+8#'6^42
M5W6KRG,[5R.@!RTTU&M3Z&[T,$QC'/GD)C'P8XU\:\8_/YL3B]?3YQ>T```#
MX=W)O*WV+,7(]#--LZ[Z;JD^F^NV/AUVUV-QMKG'Y\9QC./SX'7WV;/_`&@A
M_P"^)O\`Q1])"E.IUVW3GDGZZ[=W;8DTLW77;LQGNYR7MMC&>S.,]F<XSV9Q
MGL[,X'[@``&?-_9_;GL&!>W_`.$6\`J2M>S*;F4<Y9GRVJ)]+:YDYT<XM6)(
M8^;((6^+8^[F,CZAS[C>6G=>@/V;G1+V)UZ3)2HG'@C=.V.O^$^=-[_W7YF_
M1"L[_:,I/!'J"T1U$*]F-F4&WVHW1V#S;,">2K7K-^J]YW?,1]HDOA&YHD&V
M52]L][GI'KAQ*QJ3E7A0FQCO$YVS?(```"RJ4]13A="9-(H;*;YC+/)HF]ND
M<D+2H:)@8>V/;*L.;W-O.,31L],8:D6$'$&;ISSB=MM,Y+-WTSC;/@^4[X(_
M&+BG_P`%FW_RL+EZ:O>I>0<973*G)HWSF--KVIC:YV;4KJD(3O:-&@<%+?L6
M[H&Y3L:4C<T)^V^A&Q.=5&N-3=M]3-=)<``````````````````'7?\`P-O\
MG;]F1I(<_//S?Y(]OK7/_P!3Q\8*^G?C'BWR>\V/RQ+E_P!!B&Z-T'?\5^3'
M^=-8_N_*!G_`````````!;ORU8N04IXT7A%^*CO"8[R*D];R>-5#)K$>7V/P
M^*320H#&9NEKLZQI@E#T1F*%KE$B;2D3"X;+'AL;T1^A"50>J(T].C+_``>C
MJK=+KGG!>33Q='$:65>]-LBKOD#%8_9-R*I-+JQEY92Q>H:"'6EFMM<95'Y:
MU1J9,Y3J[-R9<X-!R)4YI"'%0;G>2QV]F.WL[>S';V?!V_G[.WS]G;\':.0`
M`#..W^O&?ZL]HP@N7#GJ^Q696I_$7U$^,,$JB87%;5E0V%RS@XJG,ABS19<[
M>YD5'W:68N5GTD"MJU=L(CG;5K0X7;D[*/<Y.N^I1=#PW@WUF*[53=;`^H9P
M;AZNRYLXV582B.]-W+8;-;#=VMF8W6;239/>NOOG)G)GCK`VKG4[&5"E*SH=
M#=MMBL[[7F<)^,/,VI[7NBW^9/**J>1LEL6$U7!HII5G'XZBDD5:J\=)\ZJ]
MW0HZ=S3Q@.=SID1HGSKE#AOU0'?^>PJUU*R5```.,X[<9QZ<9Q_6-;_D=_!D
M^"O):^[DY#3IPEI<QNFQ)+94HT2;+O<I;W)U?NUPU3XTDR;3!.#>W.F-$Y&O
M9G/85J+5(!_!?.E#:A\^35S9#K,U%6V$]U/8A3`XK%VT.LJ-H&=T?X4^^#EO
M8BD#0WR!E5+T&^<F$%.*;O?RMMM=<Z?3;Z:-&],6KY]5-$*'91'K#L/^,AYV
M=\G9.U>_%9AB7=*\.Y.>W@O>Z/H]OY)I>O?SM_>^WMWVR,@```C.3PZI&E`_
MR^616OD3>W)'21221/D=C6B=&B1$'N3P]O#DN0XQH0E3%*5[@M5'_P`DHHX\
MXSS;;#"'T7^I_P`=^K'KS!2M-7U='WN@^0TE:((S(X,S(%LEXRR=8L+HVQ7-
M.XE*5!DB>RV"2(Y>0D*(1M3D0W:8*)+<$N-\]S)&X]&B#DL=8F=A3*#O=!Z=
MF:T#40<H\'H5X<TE`G3EFG>"++*\+OKMOX/333O=W77&/:```<9^#]>O[<#1
M0Y<;;8Y4\E.S;;_U\6O^?/\`[ZO'\XMY[^__`$MOE9_VC:@Z(&<YXKSW.<YS
MG^/F4?#GM_\`P37_`*1F6``````````````````'7?\`P-O\G;]F1I(<_/RW
M^2/Z5S_]3Q\8+.G?_BWR>_[8ER_Z#"-T7H._XK\F/\Z:Q_=^4#/^````````
M`````````````"SSG[R?/X:\/+]Y'MD3>)[**V@+DN@4$865YD#I-+)=MR6&
MNXP4TQ]*N>#D;M,G1F)>%*1*;JV,F')T5;$I$9QVFC;_``5[EQROJ'GC>5)<
MGZ\N]+"^>#I(K.43B95;.VII1<IFH]VE9[XZ/+A&D;6QI[/C*V6M#DH4GITZ
MN0M$&0:>"V[G?_HJXSC.,9Q\&<=N/Z,@```"RSJ%\8[*YF<0+IXO5=>6O'1Z
MNV-Z0-^M4N$*+`<&F`O"U.7/V-J8")C!\86S2*ZN4/,<S7KNM;:]N"HE&I58
M3^#P,=([^#66+TGN7;3R8AO/_>R8ROATJKZT*D,X['PQ#8D0D"/54W(3)"7=
MTD+9UT:F3;&I:U.&8^YF8,9E#5C0E,[JS==KK^G_`'_:```#C/P?KU_;@:)W
M+C\JGDI^GBU_WU>!;R-J'H?_`)*T]_3S*/W(K\9EP`````````````````!U
MW_P-O\G;]F1I(<_/RW^2/Z5S_P#4\?&"SIW_`.+?)[_MB7+_`*#"-T7H._XK
M\F/\Z:Q_=^4#/^`````````````````````#C.,;8[,]O9_-MMKG^O7.,_VC
MK@O7&<9QG?S>DTS./UXSOG&?UX'<`````````'&?@_7K^W`T3N7'Y5/)3]/%
MK_OJ\"WD;4/0_P#R5I[^GF4?N17XS+@`````````````````#KO_`(&W^3M^
MS(TD.?GY;_)']*Y_^IX^,%G3O_Q;Y/?]L2Y?]!A&Z+T'?\5^3'^=-8_N_*!G
M_`````````````````````````````````<9^#]>O[<#1.Y<?E4\E/T\6O\`
MOJ\"WD;4/0__`"5I[^GF4?N17XS+@`````````````````#KO_@;?Y.W[,C2
M0Y^?EO\`)']*Y_\`J>/C!9T[_P#%OD]_VQ+E_P!!A&Z+T'?\5^3'^=-8_N_*
M!G_`````````````````````````````````<9^#]>O[<#1.Y<?E4\E/T\6O
M^^KP+>1M0]#_`/)6GOZ>91^Y%?C,N````````````.,YQC&<Y\V,8SG.?YL?
M",4%_=<;I5\7+@G%!WWR_AM<V[6[@A:IK"W.&6TXK6)>Y,K9(42<Y<P5Z[LR
MK)[,\MJW4QO<E96NJK!)AFB@HXDN'O\`A(G1,^/K7WL_O+[K!?!PVZD7";J"
M?QA?W'E]1^[OXJO%?%@>\4>G3%B-^.F'[,8]TYF<5C.%7OMXLOO@?>[W;X'W
MN-PJ]SY,(\+?"```Z[>?7;L_Z.?V9&GWSAXU<C)5R_Y"2>*T-<4CC[O9"EP9
MGYBK>5NS.Z)/>=DTT5MSBB:SDBU-DXDPO!Q!IA>=R]].]VZ[8Q816?3KN^H4
MLL103BQR":T\VF[Y8<BT5UY8;KLKE<C]S^^RXG=<U;[(TY^$I&"T"?NI4_<S
MDK3&=]AL>]%FJ+0JV.<A2+,KF<UZ<]22NCV<J;19YC!CJ2B8Y(2L.;M'A&DV
M6%)#3R2E)B?!FI)AQ>AF==M]<9S@````````````````````````````````
M`.,_!^O7]N!HG<N/RJ>2GZ>+7_?5X%O(VH>A_P#DK3W]/,H_<BOQF7``````
M``````'7?_`V_P`G;]F1I4=33*4GG)R14JMTJ<@B2L1ZE4IT(U)3)R*YAYIZ
ME0:9IGN$)R=-SCS-L]A9)>^^?Y.N1KM\/.<R;D'R+OBN%YZ?$<5+C)'199B)
M,3MF*10K1D?&[;;!&F^ZIX1%HIW@H_8T[0T]^TTWT(*)3Z;OG0;TTTB_)G.N
MFFN<RFL,9[A>FG;V1^4]G;W-=>WL[<]G;V]G;GL^'(V`0```<=F/Y_Z\_P"T
M.S'\_P#7G_:.>SL]/Z\YS^T`````````````````````````````````'&?@
M_7K^W`T3N7'Y5/)3]/%K_OJ\"WD;4/0__)6GOZ>91^Y%?C,N````````````
M.N_^!M_D[?LR-(;JR1)MGO+CEC"7E2[HV>6+VU@=CV%RV9WC#8YUO#TR\E"Z
M%DGF(3%27<U(:<65OO[F4'EZ=W)F-]=:#B;Q'IZ-\S>293&5,6W/'&65<HK`
MY-+#M5"362QMU5/:1_-RW_\`'Z%QUTV1*4ANJ4LQN/4H]LYT.SMC?;Z#OFBW
M)C_.FL?W?E'F_4,_X``````````````````````````````````````#C/P?
MKU_;@:)W+C\JGDI^GBU_WU>!;R-J'H?_`)*T]_3S*/W(K\9EP``````'S;K4
MA6^VABE/IOKYMM-SR=-L9SC&>S.NV^-L>;.,^?&/-YQT]\$/_7$O_>2/_$'[
M%*"#^]X$XHWN]G>\$:69W>WM[.WN;;=G;V9[.WL[>S/9\&1^P``#KO\`X.W^
M3G]F1IN]1VO;`=^;?(1Q:8#.W9M5R=@W2.+5"I2YMZK36`1`K;=*N0M"A(IT
MT-T,*WW(.,UU-+,+VSC?3;7&*RN>'%BUY<5^6\1%+5=55[.4,<%;$;5$N1D1
MK,.:53442F<=$*DUUPOPJV/,W-1M_N;.FI6FAV,Y,&TIT-XQ)HU&>2!<DC4D
MCFZN3UKNDTD4?>6'=7H2PR;4[=)H[H46RK0G;?34[<C!FI6V^FIF==M]<9SQ
M@``````````````````````````````````````.,_!^O7]N!HG<N/RJ>2GZ
M>+7_`'U>!;R-J'H?_DK3W]/,H_<BOQF7``````'&WP9_HS^P8[[@UUS9<MSG
M77.?=J3SYQC_`-E-_P#,(V[FG_1U^3C_`&"ZSC'C&,S3LQC'G8?@QC'YG;T"
MZX```'7.N,^?MV_5MMC^S&>P.[CT[?+W^L.<8QCX.W]><Y_;G(Y`````````
M``````````````````````````````<9^#]>O[<#1.Y<?E4\E/T\6O\`OJ\"
MWD;4/0__`"5I[^GF4?N17XS+@`````#C;X,_T9_8,>-P?^LN6_\`\U)_JIO$
M;"ZOC)\,T_I8?V.PNM``````````````````````````````````````````
M```<9^#]>O[<#1.Y<?E4\E/T\6O^^KP+>1M0]#_\E:>_IYE'[D5^,RX``#KW
ML>C;Y&_U0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;_`%1QG;&<9\VW
MP9_YF_U1C[MU(L,LB5[EHU9FFRU)W=RTI^^FV,-:#&<Z[ZEYUVQC.,X[<9SC
MMQG`CCW"O_Z@N_[FI_\`"%TO&DD\C,R\.G4$][+%W?#$'%][LPZ]O=[^FO>[
M.W';V=O9VX[1=/WL>C;Y&_U0[V/1M\C?ZH=['HV^1O\`5#O8]&WR-_JAWL>C
M;Y&_U0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;_5#O8]&WR-_JAWL>
MC;Y&_P!4.]CT;?(W^J'>QZ-OD;_5#O8]&WR-_JAWL>C;Y&_U0[V/1M\C?ZH=
M['HV^1O]4.]CT;?(W^J'>QZ-OD;_`%0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^
MJ'>QZ-OD;_5#O8]&WR-_JAWL>C;Y&_U0[V/1M\C?ZH=['HV^1O\`5#O8]&WR
M-_JAWL>C;Y&_U0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;_5#O8]&W
MR-_JAWL>C;Y&_P!4.]CT;?(W^J'>QZ-OD;_5#O8]&WR-_JAWL>C;Y&_U0[V/
M1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;_`%0[V/1M\C?ZH=['HV^1O]4.
M]CT;?(W^J'>QZ-OD;_5#O8]&WR-_JAWL>C;Y&_U0[V/1M\C?ZH=['HV^1O\`
M5#O8]&WR-_JAWL>C;Y&_U0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;
M_5#O8]&WR-_JAWL>C;Y&_P!4.]CT;?(W^J'>QZ-OD;_5#O8]&WR-_JAWL>C;
MY&_U0[V/1M\C?ZH=['HV^1O]4.]CT;?(W^J'>QZ-OD;_`%0[V/1M\C?ZHXSM
MCS>;;X=?^;MC\^/3@:*W+=.IVY4<D]M4RC;7:][7SC."#<XSC,U>,XSC.-.S
M.,X%O7N55_U53_W<[Z@VG.B'IN5Q7GNII9A>V;XD^<:[E[ZYSC,)@'9G&,ZX
MSG'FSY^SL&9/O8]&WR-_JAWL>C;Y&_U0[V/1M\C?ZH=['HV^1O\`5#O8]&WR
M-_JC'-Y(KIH_$KH+YEE_:P\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL/)%=-'
MXE=!?,LO[6'DBNFC\2N@OF67]K#R1?31^)707S++^UB,M>G#T;U4MD4'UXV\
M-E4YBC8H>Y7$\)X:HE<<9T9*<]4[2)AP^;O3,VI4ZM(:H<'1&E2$$J4YAIVF
MAQ6V_D0WI]=%.Q='HR`4#P@G!<;:_?N0;P\Z`2?1C9NPS;WV>-F*0K]6ML[I
M1NV7!?E.CQJ69MD[&--LXKZ']++I0S:/-LM@7$GBY*HJ^$[J&F2Q"/LCXP.Z
M<H\U-N>W/3&Y*VQQ)*4$GD;&I51Y>AQ1Q6=L&:&:XJ;R1731^)707S++^UAY
M(KIH_$KH+YEE_:P\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL/)%=-'XE=!?,L
MO[6'DBNFC\2N@OF67]K%!+NF]TA6R<ME8N/&[B2AL=Y2>[VB`+"8REFSJAP4
MJ/RL;8F>^ER!<DP0A6'94I&XXG!*14;G?N)SMM*98>"716E3XXQF,TQPED4C
M:$[PK=6!B>(&[O3:ECV3,/REP:FZ4J7!$G9,E&X=SE*<HILR69A=N1W-NSWZ
M^Z='1\MDES4U;QVX@V0G93$A+P?`LQ69$M1R\HT]"4Y&QI_="T!BPD@XY)HK
MV)W4E$FF$XWT+WSK(GDBNFC\2N@OF67]K#R1731^)707S++^UAY(KIH_$KH+
MYEE_:P\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL/)%=-'XE=!?,LO[6*/CG3-
MZ2LP=92Q1/C!Q5D[W!W+1FFC/'F]A>W6(NYGAO!M4G;FMY5K(^Y&>YU'@T#N
M0C5[^`.[I.?!&=WS9'TY.C_$(P7-99QSXB1B'FNIC$5*I#K%F2-F/9*U<W',
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M]DI5#,@+BJN3$O\`NL=B%J,YL2Z-^5"\I4F,2%G:'D[;RSY(OIH_$KH+YEE_
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MR7:MC>Y3DB-1%`N<=BMS]4"-;(GQM3*ENQ)1ANJ0@TQ1DHO<S!>=--ML4Y(^
M!71=A\E2PR64CPKC$O6Z-1B.*R)S@[')%1;YMW&7=.PNDG2.Q^COO_(;-BD>
M^KAM_)29.SYA+ODB^FC\2N@OF67^;X?_`+V'DBNFC\2N@OF67]K#R1731^)7
M07S++^UAY(KIH_$KH+YEE_:P\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL/)%=
M-'XE=!?,LO[6*6F73"Z3U=L"J53_`(L<6X1&$)B<I;(I>ULD88DAJL[5.E+5
M/#X[H&Y/NI4;Z$)]#E.FQQV^I16-S-L:Y\5\Z<W1^C,*0V3(^.?$1@KQS(;U
M3=.WO6+M,,7IG8O!S4H12IP?DS`K(<RLX-;C4[@86N*_OB38[3^4*[2=)7ID
M+TJ9:AX9\>UB-802J2*TL13J$RE,H+U.3J$Z@E;N2>0>3OH:2<5ON6:7OKOI
MMMIMC.?H\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL/)%=-'XE=!?,LO[6'DBN
MFC\2N@OF67]K#R1731^)707S++^UCPI-TL^E;"V)RE$OXE<9XM&V9/[K=Y!(
MV%K8F-J2X,T*RJ<G=U<TC<@3X,,++\.K4DE>$,++[_?WUUSTWZ./2D4E[N1O
M`WBNJ+/TRM,<#:PCRC"C0W3W1LL-6&=_P^#=-O#[J=S=_":[9-V,VQG.V82<
MNG[T&F9J8'UWX^=.YK9)7EVQ&'=QUI]"UR/+"N+;'S#"X*GXI&\99W$XE`ZX
M;3U.6Y::6D6>`4&:%Y]Q)P(Z(#9*H17#?1O!%KFUHM!4IKF`MZVN&^46(PJ=
M#\E22%11'(R767M1Y2)1W'EA;W)(<6C.QHIWU3;X+G'R1?31^)707S++^UAY
M(KIH_$KH+YEE_:P\D5TT?B5T%\RR_M8>2*Z:/Q*Z"^99?VL?J7TD>FN5C.I?
M"^A-,9SWLXUAA>,9V[,8[<_^5_#V:XQ^K`R+```&>S..S/9G&?-G&?@SV^;L
M_6,&MKO=/S7J*<8DE9S?AO9&C1?]GIIS6='0YJWYA0J>(J5L.)6+-+ELB-36
M2%XJ9J=23(K;</DL`KA2]N+I`&-WG,@7-1$)E\:6)`JZLZLN5?*X^"L:"A7G
MD'QHX_)FR,PQI0MB_@[Q9Y90W^Z7FCXE9$)6SG`[(G.]XOT\,,2;(7ZB(/&5
M2K9<R8,U%^?`E9`GFP.;DEHG:,J>.4BY%1QPKEYKXMBUJV3S36AZL3WA):U5
M1W31F=V5?8I)R64/K+L>T.MGM\\.]TJ7W20';Y(@```8.NHM(:D>[DJR+12>
M</'VS&7D7Q2TLND$,2;'?G[(GENLR)R2)*:CG##-39+7*R,PYS03$]P>JH><
M$5:EG/@9[7;,_;2U@K665-67(J].9LCT,@]/U=QPX^VWQ;:[83Q"*(T#+=M^
M5\DFO)>W7!6;LSIG=)4%<GU/%BS75?JA+=G*WF9Q<T>VKAMK7/3<FJ4Q]N2G
M8;9?'SD/5=4P^A,QKD/QVKMF@4>>)"^,$O:G^IY:KB<NG$'F4N@;-$(I-='F
M,2/=4U1VU&:/RIF;G1&E=9%E7```?.J)RH3'D:G&I]CB32\*",ZZGD9,TVTP
M>1MOKOIJ<3G.#2L[:;:X,TUSG7.!KL<(:X(7<DJ%JR`:\5I55U%<.;_H_D#;
M7$"<.4H+N#6:R*F$\!?KME\;AT61U[:$U>X_9%BH:R+L>SI^UR-^M&=&3-L0
MJD;G-)`;:DI]DX0<=F5RORB.&L%H?G/RS<Z[47!#J\>*I<O>&XN:]>1VMR8]
M8$O@D<(RUQ64.<L:/`.IRW0N&Y,T1*2<*%)&4#@[8<CM7BQ4,ZE4?B<>=7AG
M>2"M8#%WF$P22LC'+I%'HO8T(ATAQL]12'6K&&EGLV+QQS4N"UD8Y<A;CG9W
MRGPZ++KP``$:W,IG**HK165BGV560DKJ<*J_3:$$*MU$W3Q9V.B1.J93G"=1
ML;(=&W34D_."3=ML:&YQIMMD8?UL#I^ZJ+Z;G%:%1&,RE#>E<5C9=DRMQB[*
M\R`CBY1K/"[0M,U_?B==EB1RN6XI5`*LD7A5>ISDMMBQ'738YP1.6V?DN-[I
M.:=0;C8D@LVX764V-5[6NDLNL::A[)ORUADM3TA8T0M697A9#)-),DQ338KT
M5Q.Y(=+*_KHQ[4NL#8GN<R!6U$PJ7W_].A=)''A-QS4R4UW4;9KQ*GC"V0%:
ME/;E6R)V=D-2NCMG7;?*AP=*K30QP5+3-]SUYJG*U1ML>H,SF]8```&%KK#:
MVO+Z<LR`;T%:-C<<&/C+>MISJ0P)SJ<YDD=I,$)E">KH58##-;9@DCVKRO'$
MC%UR@EKC<K*ED@8:[94B1Q(:Y,P.E<REKC_)GD1P_K=;4.T/=(;%HIS:Y">.
MD;B1MA-":OU'B=QBKJ3RF(N4N9=G64W(WN%F$%M\O>B?>?CHK;<J="5^2]<M
M>,=F,8\^>S'9VYSVYS_/G/Y\Y_/G\^?..0``%HG/ITFC)PKY2.U?JG)#*&ZC
M;&5HW%DV*T?6Q"3'%FT@=(_N::1KH_MD:]^7!CWU,P9HZIDFY.-CM2]-L;5H
M2GA/:O,CCUQGJQYXY5>X<7K-X\6]/[(P^UE"9XZO\:@"4KC%QCI10O4HIQ/)
M#,(._P`066,L9O=\>CE"K&JL"U3F]6IJUQN&&PSBASC?>75C4%;O%F@:^*X<
M<@N+U?%M\@K6./%HQ%ZL)FF%V<D;M@T4=V&2,G'1GE,41PJNU4GT;'EQBTON
MNRC?>ABM&'*WWQH0X.;_`&I8UNUU$J(@D44\A.E3`J1;N(TJ43^D7BZ8O;MG
M1+D/O&K$2UW4\<L5T*XBV$HAUMN40B133#8"P-D,4OKR_05[31S9>U[.[CL^
M#L\WGSGMU_-GMSVYSVX[//G/;Z1V```8^^H3+*C8ZU0,\SMS@Q4ECO#?-5M;
MNG.F'Q^P8*L:D#!JVS_#%#7*S*J>74S1(^Q]')-V21J2]65?EN=&5T+=$I&M
MBT`@4*N*G.E[Q6_BN):W*5U-5E[7CF;QEO=9I&^//&,F&OS%#U[F^,$>?6EM
MM.]'&IXG'V!2TQ@PNJT\[9B(FS%LJUE0Y[-<=W&,?#GX<Y[.SMSG/;MGLQYL
M=N<YSG^?(Y```!:YR[E%51BI^_:%@<9ZT/=Y*SMU<2;E@VL#W4Y-DIBUKVSZ
M',;[-:[]^)"2RM,A7LJ5HF;`\D;I%#BE6X(1*RC=;*(KU$39Z3ETTM;B)4%*
MQBF>><UKFR+1HTN7<4;,O';ENY+7U1Q9JV0SR(I(E$K4JW9J5UPQ1X^:3Y14
MCA*66H7R9%/TVL:7[3=%25WF=)T_+Y!!\UB_2JK:]DCW6V4JE#M7SN^Q!F='
M*$;(EB!J5I-HFM5GL&4REL;E"?WO\">A2&Z;IRY5```8$/X23QZKZZ.E-R:F
M<\\;7!30-;RFTX+'FN9R9AARJ=Z%-K`SR&9Q=C<4+9-C8BF<W!SBB22%KVUC
M>C]W8I&8HQC;6<.HSCDN[=/R`5=QDJNU[*=+M<*3I^YE5'N<`:[;KKC5*&,@
MV]9G7&;+G-=1=1/%T);%==P_=9+&GWD?YVCE!BG0EA,R-9:COXN'GH4QKC_'
M>'47SR3NWG9R8X!\%<7W6E2V,[P%RY`\AY>NG,TKYT,56/((HT4!72"2XG$C
M.+CJ1-8E:D*T[@Z-"=CE"N#.;%255Q$YZ6/1,);X:?!J&E/0SB;+3]C[$F<W
MN3":I36&,M+WTWYJ:QN;I$X>UHTC.7?;2F/DRAZE+7,MDKY!MW-,6I_HL:>;
M7_\`MOV_T]_;M^'X,9SV]F//V8[,=N>SMSW``````'QE-Z$A0>K(1I252K.,
MJ5)*<DH]3G7.<ZY4'%Z:F']W.<YU\+MOW<Y[<=F?./HT)*++P3H7IH5C&<8+
MTUUTTQC;.<YQC77&-<8SG.>W&,8QGMSZ1U3IDZ0DM.E(*3)R=<:%$$%Z$DE:
M8^#0LHO74LO3'YM--==<=N>S&.T?L```#X\MZ'*S+A[C2^[LE^!RMPG)PKR3
MYO[UE3C3P^2L]F.TO)G<SV8QG7.,=@^C4DK74S3!1>-3MM]S=<::XU,V,\QF
MV^N,8QOG?_GYVQG.W_.SD?DD1I$).J9$F(2)].]G0A,26G(TSOMG??.A).NA
M>G?VSG;;NZX[VV<[;=N<YR/I```!\J1"C0%[%(DB9&5L9N;L4E(*3EY-,SVF
M&9+)TTTR89G&,F&=WO[YQCO;9[,=G"E`A6$^YE:-*I3^%P=X!0F(/)\+C?)F
M#?!&E[E^$P9MG?&_=[^-\YV[W>SG.?JQC&,8QCX,?SYS_;GSY_6.0``#..WX
M12,,@D1KUH]X(8Q(H\S8=)(\E-J#!N$B9=+9&YRQ_P`HBC3#<(4BZ0/#DXZM
MJ/P#:C,5;$H$:5+H207^TBA47E;'*(X^LR16T3-E=([)TY>-T)SPSO*)0W.2
M)4N;MTCAC52B5*$^32E92@O4W;8DXLSLWQ[C>WH&A`B:FM$E;FQM2)D#>WH4
MY21$A0HB"TR-&D2D:%DITJ5.440G()TT*))+T++UUTUUUQ]@```.N^FF^NVN
M^NN^NVN==M=M<;:[:[8SC.N<;8SC.,XSG&<9QG&<9SC..P<8*+UWV,U+TU,V
MTTTVWQKKC?;0O.V=--ML8QMMKIG?;N:YSG&O>V[N,=[;M[@```_,THH\HPDX
MO0TDW38LTHS77<LPO?7.NY9FFV,Z[E[ZYSKOIMC.N^N<Z[8SKG.,T5$:T@<$
MCL:BD5C#4UL,.:&U@C"'P.5V65F9B=$S0V(5CENL7E(FM*64E;B,JMM$20DA
M*F\$G()+TJ,IA8R3#S26=J*-5%&D*3"VY$68H)/QK@\H_?0C78TL[&NN#2S,
M[:&8UQC?7;LQV>.XP.(NSQ#'UP8TBARKQ>Z.D+-SD\HB.N;RP.$6<'%N0DG%
M("UQL==W=F*5[I3#TC<[NR9'NG+<EN#ZN```!\BMO0KO`Y6HTJO*<S!R?*E.
M2HR0=C.,X-)R<7ODHS7.,9P87W=\9QC.,^;`_?!1>#/"XTU\)W/!^$[N/"9+
M[V=^YG?L[^=>]G.W=SMG'>SG;L[<YR/T````'RK$2-P)RF7)$RU/G;7;)"M.
M2I)SMKV]W;)1^AA>=M>W/9G.O;C\V<`:B2'Z$E'IB#BTYA1Q&AI19FI)Q&>T
MDTK7?7;!9I.?.29IC7<G_P"SVT'U````Z&E%G%[E'%Z&E&:YUW+,TU,+WUS\
M.NVF^-M=L?S;8SC^8=N[KG&,9UUSC'9V8[,=F.SS8[,?!CLQYL=GP#Y]42/3
M)6=$J;3))AAI.=""M<E&'=OA3"\ZZ8SIN9VYP9MIW=C,9SW\[=N1\*M@8USF
MWO2UG:U;PTZGZ-;JI;T:AR;=%.N-5&K>O.(W5H=5&N,8/U2'$X.QYC,;8'K@
M``````+;[JNV30:<U+45;PA%-[0N#QZ=6K21R!7$X/$H/6+:QK9S-9:_-D?E
MCUN4D7RV&1B/Q]BCC@XO\FEC62I5,+"D>Y"V027S8EJ>)-RQWHT]#-8WS%K[
MA[=C)K/D68O`WR>S*N8ZT6!#Y(ICJ9ZL:+2"/VQ`IK#T?B?%716VO1[9+]8:
MZM*TG;(+C/;C&?3C&1R``&>WLSV8[<]GFQV]G;GT=OG[/Z>P6,3?F4="2N0S
M`JKTI7:-2VO4%85U!-90I2:V]_=#Z0Q!2LD2/*B+_P#$#2_2F02N-R?9,W2/
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MB#2&'T+/+QGM?XF!D>Q`,SJJH[#U#W:&,R-='8PRMR]$8Z;R)VC2)?63SSJX
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M5I$!P#J+4^OJ6+6+:9F(@N=XQ-K#>-*^1S:XX2U4S#K%D$`0<C]IG&H,B/;.
M.E@)V+$Z@-H3./1)O>X&J4R?1/LQL#^[()Z3<L:5<O<)$?>I'+'9S_CDPWQV
M)0&<R21J=J#G[%6%I=K,TQ]2L2E1Z:2>/MJ=6MT2H7]&[H7Z.JG2/GZN@M<E
MG4J@3$IDTEC45DEBUFV1'C`O:5<4C,PS.CI;?G*VV.+,C87F'J6'9V9MZWDU
M;F8=F]8UIG4Y_)<HQG&KDI9]3IGTYOT8P*=6J;3]KPYJ)]/XR<?&8C8JMFA;
M1&+U=J$;7.T'%7',E5^AS8:',"72^3[M,'=I<UR8^,/"^,,+F\()OI^[X'>K
M.[22N#GYUC#8]N3"FDSA%I`P,4B5,[BX,[JIBK@^($&DB;&]Y:G)I5.3;J:D
M+<$9R?PF<XUVVEX`$'\D;DSQ^I&P[BUCOC7M!&0MWUCWOI[R>^N3'1N;<)O?
M3W`Y^XO.OP;X;W`I_P#-=SP?\OOZPPIZA'%A`NF*1RFTD:DL&6VXWO+^Z59:
MC;%%*N@[5;:8NHJ/2A;#"&*48JZ>NR)#,CX\N<DK6T:N<KT/4Q5B?GALJ&0<
MY.,\9E;G#72P%&'>/R\V%2Q0CB$U<&*%.9,BC$,RYS62(8^>PQ6(;S:6M<++
MF[TX)(CO*T<J9,/.%4%F^(]&\KZD7'9HKZX)Q%M[!FI]4U=R`M%*R)ZLLZ.:
M6*W\9I.?`KA;:^D,DAB%CDZF#3_5%%Y2H9E#B2QZ.*:1&ZJ8WC=SQ)9?-:AB
MGQ@C;P]29@=WA?7$==#':OYZFC\'GEM1YKDU>5I8<N,C>L8@EB2ML?&#WFB$
MJ=&EY4K)/#6TQ*0YS:(HGOQ:\Y^\7[0BV9G$9I)#X\H;:9?&)4\59:<953&.
M<@YSO6M.2:#-$BAS8\S*.SJ<E&QUJ>8\WKT1*G3"MP-1MAZ5<?>;_O\`[_[^
M?\P`(%Y#7;O2$1CK@U151.YQ8%APFIJUAA3IHPIG^=3USV1-WOW(S4#KI'(J
MP-:1ZETP?2VEZ<&Z+1UW-9F"0/>6UC<+?<\YVJL9M(:GY.0]77MF))%4;-`4
MU6I9O=<=N)/>;5:Z^O?$75B@C9-4DAT7T7;;-+F*21!N;XWO%T#QF2K6>2(3
MTU?,O.WC%(E4$3L<_7.A<_S"R4+@D@\^W:HPY6//GJJH`PV6Y;QDM+5<DF%H
M1J15TPQVP]XV]*YLPNT<W0DN*/<D?$T<]>.;[54=O1K>)^;3,H=O>QLM%73=
MM-,++2;.<99")0Z.[M#4.&>$+'J5MS8AF;B2GCJTU)(%21P/;8R_KV^.F[J(
M529FR)!+U*BK(33$LY>L4\,G$0L8Q_>HWQ$;6=UGM@P<EGBIR);'&UL7G.C@
MC4>Z'I83E*V1Q([/.%:0F3->=?'K=*HP4Y6(;)4\Y-KS-<%TM;V;7.D)-<)[
M>WW2U?M"M9NI8<5DL23#QH)9=H[A"J3M^[GK(#BV;:XBK;,A=T5K`+>KAWW?
MZ_L^&QN?PE\-;'9E-=XI+FA(^L#D:SOR%L?&DU8V+DQYC8\MR!U0;[[)7!$E
M5E&D:5X`#KC?7/;_`(7;C';V9TWQG.,>C&=<=[/\V.W/P>;SX#&^,]O9V^;S
MYQG7;&>STXQG&,Y_5C/;GS?#YASC.,X[?/V>?X<9QGS?S9QC/]GG_,(HLN[*
MYJ-(X+9T]*&XAI@LSLITT;V1\D*Y'"(!AGQ*'W9ICK<ZNR@E"<_M"0E*C0*E
M[@M7%)&]*I.T.U*J>-3Z*RYUE+(Q.I:QUAJUF1/Z')9I"A)XPQQKE;&L++/U
MTV5-KJRNR<Y$XIL&HS52=S;?#8<6AS2I:Q`!;_RHO#;C;QZMJ\]6)#)-JRAR
M^4:LKH_9C#6NV2G)D^-720ZMCSLRMA.56%3BY:M:_9(C(/-PF,SKC&(0SS=K
MV'9;5-GSZL59#DVPM(A14<59]TFODKLN\GVD:\11AUC,(W1/Y4BEC83$SVM`
MD.>6.7%N67CW+&R"'@V0U/,^B$E=QZV%3I-4U>O<B?XDYR955EE)$<`D<5L$
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M,OSFW7SXSC/P>G./UXSV9_MP```QF<J>:=Y0_E!6G"?B#1,#NKD+,*7EW)&:
MN5SVT]TI3]84K%I:WUZVN3I)XO7%JRJ13"=V`X:1B,1ICB>Q2,M(O?GUP2M:
M;;;%KAG6@>S*GX@V"BX;V%EVN_G&U\!N2+:OLR")8KQ&O%)?"'CQ,V%YE"?1
M8^6TNUG"W+G7.L+A"1CE\02+7>4R.O'!-NR[9UL9[?Z\X_JSV````````@"Y
MZ&36H_UI/F.9R.M;0J-S?U,-F\;3L[KX1@F;<C:9Y!)/')&B<&20PV8HVQD5
M.*/8MO>&Y^C49D#"^-3BT:[*(#I_AFZLM+>(MR3K>86:Z<IV7E'8MLQS&42F
MUIY`;FBUAPA[=(VY-V6R#HEL3KJO8*O@,:RO9X='&$IBCDE=]DI,@4W]X\V,
M8]````+89SQ6@\\Y*5-R8<GF2I9%5D==V7>((SV[,+FZ_4M^*KV2R]$I0G.*
MI\J(N=VKBOS$#@B2(C;1E*IP3+E13*<VVYYZ;$-4-\?B3E<%GN-;5FKD"JC8
M(H(AV4]5>-5GQBRG4HI_]X<OTTU:R8UO7L.WEBI6='*^?GM`I,?)&8@DR#\%
M_35B[OXS,[Q=]J+H&L@W(^OH3!\(8&0A@;%R>O&O[\G1R=Z+C67Z2.K'**];
M8Y"UC^M.+:X0I4-CHF>WSOR0^7)[P9JRRLSI-+7B6+V6QKTE]XRED)5H4*=6
MMG'$ISX>O\33K4B,IR1,!U?.RQ\3*DRG1\2RK8M44X^]Y>$0KSC'QL9^-D6=
MXXW.4??3W10QX-?6FJ:RK!T7H(Y'4$?;/&;^+5@8$DJ>]\)ECFN?G0C!NRYU
M7$-:)H:<)FTBYD!#,TI*-SFV:EMQV6N&KS3[99K:P-A1;>8U+<6>UQMI=5;A
MA2D.6:*VU/&D^S68A4)N[LK684X/TW+UTMVFO3^J:PHR]PZ4R.<J8Y);;Y)6
MP^)$*]K;%:I9R=JRT*GFC$F<DS9E6W-S*R6F\.477I,ZO"%Z;6A4J6+"2E)"
MBFYWP'Q:3A!I;9UL%619$&CDJKPN73^CZ4E[=(:UEY\*='-GD$"?HRNA7C5I
M(X23(4TW8VMC4X4O\C:U#,HCRU&TMT_N=13.U:/OJG+LE[2J27"7>T";UE>M
MJ=NS"Z@L`N01*#LR8UR1Y*<I='H$O0*7MR<6_=&9*SER8@E6S)$9JB'<<`*O
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MW6NW6TK4C=:2IG)R\QR#SU9'E13N9&8*YQB@B^G0CL&>\L91+%#C`(O:$ZHI
M/4T&\)%)W&V6)T+M$GF0JWJ(.")PC[A#N0\WBK,OL:MGUP==I`PP^*O#VJ8I
M8J5-[-6D2Z9$`A59OT!9+6L/WR=V2N4B66J&6N"5#6_U;RYM+F9%7Y-&&6),
MT0T3:V?:3@SKXTD:$#%O"6AK9FXAL694N>_MK>G!5YMBMUF)WE*X/QTEGCO+
MT\[K.L;.:I"SSSD9+N2I[,U(9O'G36%+F"7V!.&)@D\<,+=_%B19+>L/+XQ1
MEZ9IXX_\94%&3*[+`VF3A*)->LC8))+B4\9B<%BNKM'D;JBTD9,3AK<@;%,]
ME!+MG^,">K]U#],\,\8)7Y(31UO(UNB`!$MZ5"R7S4\UJ21.;JSLLW:RFIP<
MF3W'AT2$E.*%RU,1Y7IU:/PN34!9>?#IS=/![[]FN-N[MB!UG!VKW8EC;WYV
MDKVR-9G,_1>R+MVK""0-O-V;/TULQH=O`("C_<+*=(5S3&/<AA!^C9@OWV,<
M%>-C]H;B_3$K"(*J8>$TQ<YK*:XA[/#9W*[C@=86X\W"6BMQWNYWF+_F51;=
M)$;(D<_EM@.+I,(,G9]MR9NOT][#%4?AJV.R.LX!UHXP)!7BR83S=F1T[S"I
M8Q46>PZ.:F.\S96R2N?.>Z@QF.)U?(TJ9"4T2/\`<^Z34@\_=[2.I^=-\?`=
MP2(<WA;N_P!USUSALTF=.6O;U>D,4*;H]9%N4E&(''(W+<+2VA1((:RR`^J:
MMD<V@\9=26-Z?H&V[MYK(V/DR;9+2!W"/8F[."1;68\YJOA?3!\7=)&[/#%A
M5<+E'8W%XC3D8E,;;4FJMP.KQ]8%ERY?=](^TL\NT8TL?3O.KL^IV+)9C&,8
MQC&.S&,8QC'HQCS8P.0$*7U1[%?,*1QAS>WV(/T:ET4L:O)_%?>G:45]8T%=
M2WF)RYC)?VUY8%YB)3J>@=6.0,[K'Y-''-[C3ZW*VEX6$[606AP4L>0SZI+3
M8KOF#G<Z3DC7%A6#;BQOA[05':GJ6DN1\/@];1&NB6G>,'0<J7W0ZJ']B,.4
MRE_46',GXZ6I34$?+8*KAG3;K"`6%";(8I#EXD+43$3[`6V)757V.YSV2Q*S
M9Y;I<W:WF21@QQJZ7/$VLN7K')=7AC4@3)C&'1@;&1=&6IRTHZSNE565E5_2
M]<*[2L!"Q4[24;HIO4*F.NI4YFQN,R>)2HN21PV6Q5V15W/I";$DL=F$NAB%
M"XOD05>]!66U8T1UX:*]E/3GKZ7;6NG<[#G>C59JGE@H*1)4T8*41C3F+%(L
MPV@F0KMFG?+F2U.L;,D,,W<TVZIL/=UK6[*'QN3MVJ7Y^0?%A]26`Z\AJ9VL
M]QNM^GNKVB/A\GJYA*B:-501M..J0]%9R+,;>HH_DQV&K7/*CWSE,8E*!FE\
M<1/+:T/,-D=RW$JGWSC[Q<X[47)GM+)))3])5A6LAD*(Q4<D?7V%PUH8'AW3
MGK4R)8I)<7%"I5%JE2)"I5:FX4GH41INR4FX4!QGX/UZ_MP-7E$YLFG#VJ%_
M&Q^?5=O;].[D6LYIF5V_N+FW(6G/$.?N,6<;F\`YGHF>]L<BMH7XA*%!9-O'
M(-[&+39\5$TG\!.-SO<-:([?B3B5)7Q#1<IXH1NM;NF=42YU*I2KN0%G6Y5%
M95W9R23QW60IH^Z5C6<HM6P>31E<)=%B:KXS&UMBJ&UQ/BKL12M)7M/GBG+9
MX=0V,KG^>3&WXQ7#P[TI+&8NNUZ>WWJQ9GR7?.&N)+)VUDC/&"!\>X`XZU+,
M5MCZ.#+?<PDE7O2IGLZ'+4BV][BO5S_8L0F=:6.9-87+*1A=T\()<T2]4P/\
MP?J3E&\>F7&ZP-I$SOTM95LM2TL]1I._.Y+])$CY+5$P(?CS7IFP4DO?B<5B
M%66<^N+_`#IGUEET;1&'P"/.2UO:G-QC]/5^O5Z,;.A-/T4R=\1X5SV:OJU`
MGTRD95R=/NC*1L6RU5<&`"([XI]DOVI)Q4$C<W5G9)VSZLSBY,>4>'5(1JO1
M.'A$67!,K1^%R8A++S[H3&Z>#WW_`)/>[N<199G$R%VA;K';SM(Y2WOC"92Y
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M,A`KQL=M:#RLZ?L\D4=M*"\>GRQF5XY,1:WH;95@;2VN$,*;&.UN2<KO<YME
M\>>FM1+]$<247#;*2,O%9-SC)'N-.*N#239O7.3!8$2S/:XSC'G].V?U9VSG
M']F<=O\`9G/PCD``8\.6O!!WO.VH#R<H/D/.N(O*^N:ZF--MESPB&5U9S=*J
M@F[LVRARKBQ:UM1D>HM*6%KFK*US*,JDQC,]L#Z4L-2N!J=P/3"`Z+Z5R!KX
M0\4>.%W2C**SZ-Y15ES1M*>U=(ETH3W1R5KR\EMYR*>2!\L2)M;X8AN.9';/
M<O9=69`?$D[D9#HDZF-#"U.JC,7CS?V_VY[0`````````````````!BCY&<R
M)O`>854TW!W!P;TZBS:(@4TB,J0Q0MNF\:N1!8JMUE5;M),<<;,>\0M*R(37
MRP]I3%:PBL@9](DK;)D]+GE"AMYC'*OF"P55`W.Q[*8W%3;?&3@==4TL76GF
M6/-O'DZ_KBQ![[DC>S%&GMZZ%P*#KV]V)*L'9[,@3@F<I[,GAQ@B)RCS=[53
M2&WE?3TYMR:I9=+K"G2GDUS).9+"K:/>\L[E4*27VN:Y)+JJ9D>="5DXQ62.
M0K*\<8AIE#*Y8B:)#`D64KPQ(1#/(QU@[=%KK<NGG:<QC5>H>#TJF-PS2EI`
MY2N%1^;-EJTNNHQW6O3NH?R6F[G>M2^0NUBK,;XGZFOTJ-XM3<A2C@2\28P6
M7R-I>27S9-2.>;78YKS;Y)QJ.4_M#43@78^&_@.ON.`25MFC(42]9>I5:M3,
M#(W[1K4F'N\<EYC$V1_,@W:WHJKJ:Y&\KK7D''J/-5X5DZ0ZRK?\#)YQ$V.O
MY_-D$7C/&#6W9U7<B;HP0DA5:O*^S-&Q##3WMO7S5GK5_6,DN9U$U;&V7K<V
MGZ^WX?V_!^KX``````````````!A?5R=GBG+3J"2M^LBDZXDD55-:F"S"6(5
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M@@`MB>>87'V(2:R8O9%C16J5=;3Y)7)ZVS)/%X@@EK^=3\!N]PVA.SD]:*GU
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M?)3@]DR`W1*KPXZ:G-:>R6JN)^^6!!RST2<A'&3+931AT6NFIJ?5M:M(JIGN
M4G=W:&4QK5OFR1J4EG&R;7O(NI[1M"WZ?A<G2/$XHXV#ESUN3G)#2DA=AQ1%
M,HTJ;U"=4?AQ1GLS@E]TJB=-24RPW"7.V^_9MF<0`87U<G9XIRTZ@DK?K(I.
MN))%536I@LPEB%?-KRAC2FX15(Y[/5<UB8X%8FT$0R39Y<7&),:<M3*7;65-
M*-02^+=%!4$.'/7DZ<A@B*V+1AG%.T'ZI><]@2^JG2J4<R4Q.YJ(=N-R&D^/
M25Y>#S<R4E]CUG&S96L:BMI5=J>;HHU5:Z-NK(F-)J:6<W.:FJ+DF[D8K"L;
M`K&IKT=R:$FN\>7RQCS$>,D4L"K['AT%UPCM.?X5W&]FES/9<X&UNLK@Y7'F
M=6R3V).+B\2;;7)CD+1>UR,<UN5H>V.E;SKK5:\HHS5D$O"TJOEW'=KG$CA-
M'1Z5MR^M;!L6,6<NU<FJ%DL*26S2OSC8$S28JQT[2^R:8^'W(R_+DO2=M%@N
M]>-#"VYO=+)*76/<726Q5KE!+O3P>H%+;$6](EG^L5E]9$J9)-GRS2-R'E^?
MH6^UHK21)XW9],H(``````````````````````"-+DM&-T?5%D7)+T[NKB]7
M0B2SV0)6!,G6OBIGBS2J>%Z5H1K%S:C4N2A.EW*1$*W!`E-4[%:J%B8KO'EQ
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M*V5H\.S`N<$&5:;!Y.5"?W1X<K!I6QFFNII>VU9@`````````````#C.NN?/
MG&,Y^#M_/^K/PX_5_2*+55Y$%MA,=IJ6GPDZC<,E5?LSWA:X:>XXE-7V&R22
MM6&_15JUG^^+U`(FLPM4(S5Z/WJ\`A5)TZU>4IK3NX[>WL[/Z.W'ZOZ/S]GI
M[<_#G.0SKC/P]O\`7G'9_/CLSYL_SX[,AC7&/@QV=O\`O_\`3'YOS#D`&/":
M\&E4OO*?6^;.6@M/,'>Z'5$RJHL<K4,V]L<3:`XSZ=UPV=-2S#6K>F7*0JC2
M4R?+@VRC5BUP1LB4K%MLM@\#;:@4SX>R.H7B%2%SK63\+88Z8?:_-41%@CW%
M#CCS8A[C*GDI,]E+6=LF;A=<>C<;6,VI[G`7HUL<-"7XG?=%CWTG3;MU$[TH
MD+Y`MJJ!5_9U/W2_Q$UGL%HC:&>1+D[-N3UKD5]7L7L-FKK5%9\HF"%C89#9
M3'.Y36<<B2%L:53M[[;J6BM(;TVSHS62R`+;!CKLK<('TX8.L>#(09IA6CX&
M3UKFZK54G.>#S5"&=&I7,EF;S5&Y425.ZI:=EUV.4:G_`!6CTR=+.C,\BIUF
M-\?2S^R^;<\<G)JAQF').5RX@SQ$DB7&^CXC]V+(@H6-REY5&GD8E;8A-:2M
MV;8\E:EJJ*\"G3$F-GTJ<H$WS)VA/*&-RM2RFVS/C))(^0,&XY5XWS=;)[GG
M<PENCA'HI02./KFHA>4W+(\H8VA'X#9G7KGB7^*'%F2\;'^8;*9DQ2Z-2RL^
M.$;UPG9')E>FZ5T=4#)3CJJ_OKDY-JN/25KC36_-Y.N$;HT+U"]N5;N:;5*K
MTO:`!QG77/GSC&<_!V_G_5GX<?J_I$)S971$/M.OIY8,JA$1M!?')15-;GRJ
M<((TXOS/.957CG(HQ&V)T>4*21.#G*HO7NA>4C>O=TJW#<W(#2,/1J9=Z2"^
MJ+=7B6Q]KN6J7)_@+9(7J=,C?8L/5N\,9HDORU2IUE;:G>C%D<;(TZ:[-T@7
M/!*)(R.&NR1S-2*?[WFGZ5Y%5IR!=;>25@]MLL9:BGK/7RZ8QU^89)$Y(ZNU
M8P*SMU,9>8ZYN252E;$,_0L;EJ>80K3OK:Z)\D^`T).-GK&N,?!CL[?]_P#Z
M8_-^8<@``````````````````````((Y15"MO_CC>E'MSHA95MN51.ZY2NSF
MG4*VYN.F$=7L>BQ<E2YPI4)",K.^H)(S@TTK&VA?\K;`QT3?IENZ>1NVU<KX
M4LJ=#->1CQ":2>)-9%9L"*)\MZ]AJ&YXNYRVLR%;YH0DM>(N\NBZ<AO7MIT%
MM&<5P:F8RFV*O:+F=]+=QDKC>26.V#'XC`)!#(/M0D$1-DF/+KJR-Y+24NO!
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ML^.2=4XF76@`````````````````#C.<8QVY].,?KSG&,8_ISG.,8_G]`P^/
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M%ES*=4:/+.C][,9-NY``````````````````````````````````````````
M````#_?^KX!!;#QBXY1A]>)1':(J)EDL@<VQX>Y`V5W%$3RZ.;)-B;+95BQR
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M8EL)@%0UM#=&95(EK5M'(7'VDUO6RY"TM<I5I3T:`H\M5(FMA8FQZ4>$R<Y-
MK(SMZO<U&UH2"*98N)?&"+L[U'XUQ\IN/LTC<88[OS>RUQ%&LAW=:Y<S'BO'
M%P]PM9&ZE;`G,W=;"5!F^38F?G&8_LW:ZZZZ^J[\:./#^IB2QZHZIW-3`EJQ
MQA9RVOXJHWBZUPDY,V7*&/)K7M[W[JYFG2R]1J1W2S94E2R+;3+RE3K2JZ;Z
MVKUI6LSDV0:(MSA'5DT<6!<BCK2E6,B^R'<U_L%:U*24NAR!7.'P\YYERA+N
M4;(G0XQ>[;JU6^QN8/YKVW+:+XM73:L&,0(I-$(ANL;W]W;#GEEA9:YU:V9R
ML)^:2,8RXL%<-+FOGSZB-,(2*&B-K2URE,AV4J"L<O*VW>1'%!_5PFD^1"ZT
MG&944UV<HQ>A4<E3S`'M@Y3<::?22UN<(?$&%(1';RC-S3MLQ%UK1HQI'ROM
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M`OT2J%275:BW,RE5ZIE2@C504;@D\TO&IFWH````````````````````````
M```````````````````````````/G6(TK@E4H5R9.L1+$YR16D5DE*4JI*I*
MV)4)E*<[7<D\@\G?<HXDW3<HTK?<LS3;3;;7,%1_BMQIBL0F,`C5"5"Q0BP6
MUO99Q$VNO8LCC\L9F@DY.RLS^U$-FB1S:&,A0H)8FM27N@8]#SL-*9%X4S.U
M8XIBHO<*-LVK"`&-[>JF:Y$C.B+">F3+K&3N:2P5I1)Z$PO59.4ST\$3%5G7
M)TF*=7/1ZW6ZKU6#?EKZBZ9JC"'%:59`8+LV)7Y$WFQ:*L[,H1(I2HC:J1HD
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M+I,6NNNN,:ZXQKKC&,8UUQC&,8QCLQC&,>;&,8QC&,8\V,8[,#D`````````
M```````````````````````````````````````````````````````:9?E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WK
MV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WK
MV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WK
MV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WK
MV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WK
MV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5
M^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=
MR'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E
M5*_=R'E5^>WKV+]E5*_=R'E5^>WKV+]E5*_=R/N2=5'GD:7OMO>A>V<&9UQG
3^*NEL>;N:9[/-76,?#G/\X__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>g774440.jpg
<DESCRIPTION>G774440.JPG
<TEXT>
begin 644 g774440.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@`^1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?3U!?14%23E]"4DE$1T4N15!3_]L`0P`!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!_\``"P@!.P*L`0$1`/_$`!\``0`!!`,!`0$`
M```````````)!@<("@$"!00#"__$`&`0```&`@$!`@@*!08)!@H+```#!`4&
M!P$""`D1$A,4%ADA,5%7%5B2EI>8TM37V#A!=X&V"A<B89&Q&",D-W%VH;3'
M)2@RE,'1,U-45EE:D]76\!HF0D1(<J*RT^'Q_]H`"`$!```_`,SN3/7)YKU%
MR^Y@UC6L]X?3%WH#FK3W'6EN##W54X4<F>3T.L<B+^43K!+`C]JI$3(Z1'1W
M<5![^]P3>*(\I,F/#@3OHB9'N7WD)U>JC32CGIQAK1MY*Q&W^(-*7/);8Y$Q
M[CFS6O3W'5=&^."N[H;/7W+Q/6".2U2\E[F-5>U\_K(^;8LXC+O&EQC)&]L2
M@RRMO];FK*]XM)VJOC.0E[\B,]-B)\O)':-=\9R7&,4ZUV92FT@J>YN0T4:'
MY\C];H9M*#4,H7U[%MK+Q#V0]6I?"M(4W'OV?(H'KGPN'\;>%J"^8-R-Y%\D
M+#X!5WS4Y,O/&ND&:7LU,UB[,VFCO;UJ-#$\1-+'&)[>4SD<WQR`L+^])T"?
MX2S&D#.J;3E>2Y_7%XGJZUIBR836O*FU-;?XY'<N5\)JRDO+:=TWQJ3R)XBA
MUP7,UMLLU:8['/A^.2-O0-D:?IC*W\R/O1D<C[L0VJ#=91XG=%73FG(YR!BT
MU9'6FY97#5;C#86I^Z:/KJV>8T3,4,O\85E$&IFHR,':N^^ZLD@U,GQOJJ*)
M-+-+T@FZ3'5HY!<O.0=EUURBKR'UC$+QI8WFOT^]F%F=F=\F/$PJW[!JQ2BG
MBEU<UZ-WLA`WM%>S@TEJRA/VCDR+=5#4B;E"+)=S^.O\H)XC<E)SQS8(M2_,
M&&5QRILE\I.FN1%FTY'8O1LENQA*<S%-5$R)'8[Y(5$D4FMAB!$Y-L7<(F:[
M&&-&\A+<&F0D,V4[!U0JJ=N2T/XKRZD.6-'S.VWVVXG0\^O"CCX)4]X2>G&M
MW>I2V5Y)MY&ZNOA5#"RN$EBIDRC,233./DD.4:-<27%LU6X(=';K`_X0G&?A
MPQ<QI.[9Y*<BJ,Y7\A4UH[PB)0JH)3"^.7)"Q*TE+"WJHVJ;TJ";PB%LC)(7
MMD3Q0A,9%B]Y(H=C52@THW)*#=;7C7:[_P`>H74-,<N;4GW(JG&'D6SP2%4P
MT+)-7/'R76@LJJ(71:93G/VEK8X5)G1'O)FXJ.NDMDZ>"GHY0\QUJ2K4Q)MK
M(KU>*MIQWY/L=JSZ[^2LY3]3FQN&=%5#7/&B&1"?%2I!!XE*D-$U]HVV><S6
MFRPEO-<GD^[[)?*T=I*:^%,QD;*/1M&KE*S)>4%9UOQB7\L[MUDU"5=':L*M
MN>H[;83&2;UNP?!!+LM99E$V11(UA$S;-CRV=3%F,Y]<54AW+9&C5R7*$Q9T
M<6.M?2\E@ET[Q"A^5D<O*"<9G;E35=#W#1QL`GU^TR4;HU(+3JIK<)D0VR6%
MMKJM;U\P:5\EB]@1^-%N;BJBI!R3<G7QNBCR\O"_^FJCY@\NYG;DHE$DS,[/
M>G2?U55-:1QKAK5'R'S=OH5GJM*CVD],-2)$N(C$GL#918KO(4\D2/*LQN2,
M_<P-:N>?6"L;@5*>LM!G3B='Z$98K.+SBG`.15!*W2:2/B]`'QZT=7^2\HT-
ME$KVBXE\(8'>5M:!CK=3#<ZEM^#VXLT\YCSE]+_Y0SQ:C9CNCC7'3FK<J^&\
M8J1Y@V692U.Q27,%:\?[OJIBMYKG\KDCO9<70I6^)QF0MY4H18)U>C5N%N8V
MU/J!H>EK;?\`M7K5\.JU(:GED:[ZNR$D<>JTY86G8M#4T]V/">/G'.WD"EYK
MVUKM<2%[8OCK5(6!N>I*7'(VUR^=(HPPO4D<8JE9$.Z[:N6_JP<>)+S.6<'J
M^@?(.TK*9HS`)[*9W6M5YEM+1"M+.J1TMV&V1);!;W_;#=$WE`D9H@W&;L^7
M9WG4OC+.QM3HA.='9KM(KZSU9Z(+GCYG%'FQ![UK3C3(N4\*H*Y*015G8%V5
M5''A!&W>0UT4JF[HW;EQAZ>&HZ<1^2+X[.HPP[N#F9$E:AL4M^N+O&GK`RKD
MNQ=)NWYT19O%W7EI(^4#5)J+_F(B,\B'(4FLZ%,L1M?(?<3]9R28UK6T.-/)
M<X_,VR*O#Y9\K:'R'/,5BL?)+?-KV\8>OQQ.Y2V!QHBD8ICE[7<%Y>.$VC-`
M7[<%/1^'TE/K!KQH6O$LKQNDC?8DB>LR!M*;UJ#1UUCAD,7/*-8U().I5(5^
M$O%8]?[B!:\^I&+1NI>72>"<GN1&_&WC-R">*4;V^A;XE:1Z<HZ\2>"S8R<Y
M7DPQC>FW9$L.DT?892MU4>.,<5=D;5)#6/Q.LUU";JX66IT^ZYK"Z>-O'*(\
MI;#N^*VE>?)Z#.$W@-<-->0&-RF.NAR5#8M::)-7)W<S6$[92_E%GJW1KQJ:
M5@G<M3?]IZ@#W2/%>B+/G[%9/4,=+(B5BSYTNKIS<=5#S3>T'B;N8O(E1S=(
MK:7H8NATCKDWM;:VZSR22.<N\?E+E&F3<A`N1-_FJ>M9Q*<K*XFU55T2Y$WQ
M*>:%.0"_*7_F9IY7*4.U53:QB*Z<Y7-_'7MF<X,AK0S#M*[0W?6LDF+1:.O.
MVA[C(=6^/K[.U!_*"^(]SV#2D88:6YA1JN+\Y$*>)L`Y'SFG8TPT&KY&:.3L
MVM=4[RDBR7.0+7J1'M6NK2YL45>(\5NXITCJZMSBW2)$R6Y@'6XJ2H(L2S6:
M[\HN7UEVGSVYG<6*?8*GXJP&(S0V7T5(F5Q34VW1"/VTI;'QJC+1,8_$8O;#
MRZ-BR9X)5RJPFR$)$+LN(O2GZ\W$YPH*'6^RU3RE?[-G/*>8\+6+AZR5='5W
M*O;DC7>B5;/J[6P_6?:0%`;#V%P:Y(_OJFR-&!`UNK<0:X:NZC+:7V9^O9PZ
MD,*<I$R5URJ73<GENJX01ZB#*53-=YS;D6U0YLFTDA<?A;W-&M"V:Q9L<O$G
MY?.)!#RR'E&H;492[=2U&.,P-:S3>QZ^A4^,A\VK\R9Q=DDV\'LEE3QRP(CL
M]("5^8Y-&!*XNZ=FD[/D[Q)[;"7->4B<"3T^BL_!?A,UN```````````````
M`````````````````````-8_D?T(N0_(*:\\X>5S(JN"<5^H1R,KN][@B17&
M$V:WG'R*X11PALCU=6=(K0)B,6<EAD=*SF5X@"YV:C#O&&W?0K9>VN.:1O2G
M?]]NL_KI=+;DKJJ5^P0:-;J8@Z*E5.88N-+Y0.KG)%)DCP98"E6I=M),IV1Y
MCIQ^"#49AVRA3XT7A_OT2N456MC]'>,7*^G(8W<@^FCQ_P"GCRI>++H^835X
MV-X\T\IIIBNND$;19;`WLKS)(>M4LZJ(3,YR:6$XW:1:+)`OU(;D^%/(WAU8
M_3:3PQMIR[KW>K9E721A_!"P8[5O3<O?D_'>02NJV^51V"JJ5L.OWQ3"Z'OA
M6;A.SY:;J/>X&RQ)Z+G+BV2)266V[UU5/0*MAZH+@39TDAO#61<@J\X%5MQ?
MNJA^=-#/]^5C%5+!,9+:$7FL(<*\GL.?HU;,!43=WA$M;27!SATU9L&MN5K6
MI2X>U<ZW)?@]-;7Z:S_P$IFR(#Q_<)72L.H1UGD(JHUJA+!`]BF)DM=)7M4M
M$J3$Q)%+8<3*8]%&'$G7HH<GD)!9BMWT;<;J,-V[H*\>:!OSAER)X,/THH.9
M\8YJN;)DV3^RKZOJ,6GQVED&706=4\WL%B6X[L]<&K$JA.\1UPB#:W1]G=BL
M&J(VM*1,9;32%*]$"4U-Q5Z4O'([D+'WQ;TX.:B_E<]RS2N'5"FM9M63>VI=
MB&-3/O+5)T17EZ62F1?#:U>^)<FM!JKX,SHKT3E6BXI=!*UJ(Y*<5[MFMZ<?
MYAMQ1O\`O>U5%FM7'^1Z<L>6:"[(E.V+1ZY0W[)[%?%SC,81O*6YLCK'%VO6
M"%M"!<KU2E."AM);,)>5W2EE=/<'>F5TMZCL&W9US-KFY;::6&_JEH.QVNOV
M/BIS$D]R0SF"JG5BJ$<AKBL(^U5)8?\`RDTOUAES.4.T:CNL5CJS=](,02I<
M\.CE+^5$\XI,50OO&/C_`%%Q?:J%9:YN9HI^P#>=5.QNC9!ERU@U,W(P6/'H
MBDA<I8D33'TK/)XR>GAR@V0OZ9,^K7@M,BM_=711M&65CSGKV.R'AO;R/FMS
MNM7ENJ;>5="V-,VNHFRPJR301@WK9="+*8'9CM^`N.JQX13U/V(7IL4G1S+<
MSIEJU4;G^^=,]DL/I3E=,&XKJGUCH57'%@HU]O9S+\)-'!]C)+<NC\]T:W1T
M=>\4PR9G9E[7&'%^</\`D%I1QQ:^J?\`&.><8:UZ6_)J=W.KY"<UN1%/SVQ:
M]X16#P9X_M5$U-+(!#&N/6.WF(9?>5FIYC-I0\/ED28@I`C-A\86,L&CR$M=
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M*F)%4;=.H6J+?U#5J<@^&$+[#&1M3-.L7^"$C=HXG>"*6Z88<)^@_-J`MN)V
M?9%C<96=(Q<';BX2OT;XR\>7VNWJQ2[&7QPS?D3:%ES>>2^46-=<I+;71QG"
MF2IS6Q,X'MZ*.F91Z.:A?5]`=&6_(+$NF+#[4Y#5`^HNF'*N33+`EE?U5.&-
M5:=0W-2F:PB&9>5(Y^]E,5D,CZX/<ADJIFRIBZQJ,:V1J2%+$BQX7U;4716D
M5:T/T@J7<KX8)!KTS+7L.P)<ZDP!W0$7,U6`DL%$I8&9)B5FJ86<F)G&"C'%
M6K>N]JC-.*)(W,+UTACH[BGR)Q>?2BX-TY,K\N3C[T]^>,MO-PUM'I[73Q1Q
M1E1Q5\F,GU(NWD#:#HIKRYILM<)"X1BD$='(4K?*(\[NDGE!KALLCR.*;%G4
MGZ>]S\P;<X.WK15S554M@\+IS;DV:4=QTX\75")@?:4&9X/LB=8TS3VOS\$M
M*-"N5Z9R[=IJQ0B/*W)RAVT48J<F>D?RGY/2'C#.K/N_B!8\GK"E+EHNPX+9
M7%*423C/'5=FS%6ZQSDKQ]X\*K;6,##R&K^$[I(,C.L=]E45<L%9?$V&7;0M
MM%?\%>CK)N'UY\*+?<[V8ITFXG=.Z3<'7%C00%SCY\U=GZYE%IEV(C7*9.Z%
M,C>F3'Y9C(XH3.*HU1KX]JZZE[83:6_KWH?2J$\4.`'&\[D-'W!?PKZH#!U"
M7.6%URZITL_962V+,LC:KV]HWEIA\=<U*>?$-6)2I7.R(HYL-5Y93=%6A)/-
M)]$"5U-R`X[74IY"QY[2T=U%>>_.19'R*Z=4*B1-',R&LL6:J[3N)DL4%-SC
M`S&C"QPD1J-4D?\`11X!,U-FQ633L7>0G3%<.%29/RJ0\B)<V6VS=87DGSZJ
M>:PCA+>/*^"P9@Y75NW1N7U#>E-T7)%%IKX,H::^1LBRX(@J9]FQZ>6UK3H&
M=2_)7=NLEQ:Z9G+GEQPNYQ$V5`J&5*N9'4>O3D3'S>H=Q<L-EECA7L@K-MKR
M+7Y!Z=ALVB,LXU6,;)-WR0P9E?ECZ\$PO4F/NRHI*YF/[QM+<.:">>+/%J@^
M.LAM&3W4]TQ5L2KQSM*88/T?IJKC;:6B->5*94Y/*E`EWSKA*TMBEX=U#6S)
M6YN.=7$U+LL.R5````````````````````````````````````&/MD\K..=/
MI5RVS[D@4&2MUAL-3*SY$^$(-"[)DK(T29JA>G?QG8^09C#ZTR=P0)L'&,D9
M6:R)\^#68L]:5?Q.I(5$$*DQQ9Z9244>G/*VP84<2<7J:4:7OKVXWT,+VUWT
MVQG.-M=L9QVXS@>+()4P18AO4OSB6WD.CRUL"$W<E2=J>[/*CQ9N2_Y*0?DK
M!YV,XRH.P4D3ZZ[&J5!)6NV^+=0GD!3=E?`^8+/F:4Z/IS00UF,_PBH)4&/]
M71VZ67&YV$6A2;1SJ^61R9(MUNY!1[4\(==-\K3LI-;R8SC&.S'H[.S'9C'J
M]F.SUX]'JQV>KT^H4]*I;&X0QJY++'E"P,"`Q`6N=W([Q=O1?";DC:49BQ3G
M&2DJ<Q>O2$F*C]BTJ;4WPZHXA,6:<747;C/JSV^O'[\9[,X_=GT9_K`!QG&,
MYQG/;Z/Z\]G]G;V9SC]6<X[<?J'(```````..[CM[?3G/;V^G.<XQGTX]&,Y
MSC7T9SCT8QZ,]@Y```<9QC..S/;^[.=<_P!N,XS_`+0QC&/5CL_[<^W/MS[<
MY].1R`````````````````````````````````````UZKZK"=%4.ZXA59W;)
MN:E%\Z;7GL&G=/Q9DD.BJ16!R#BMJQUSL"/R20QB)OM6VA24IKMK<DCN87&8
MUY&'IM99"UU?ENZ*3>Z:UMJXS.&;3)\2R/M!%C+W_DZUU!:,O@31JV;\8[A0
M:L*Z1Q61Q>7/\&)NMUAFK<@3+=SUJ]#'79P(\`B4G%X)5#0?-2$M=#IW%WOM
MX4/]>\)GGD(;-;I=9B<MM!@MB<[\A,.67J9.!*<A77+PU(9LR1<M-$I4RH6)
M'EL=U3.EU36MK_C9SSKJBDL<J]AFL!L13`VA";HV3F.QXHZ11CI)<=*6C9;J
MMP]+&7=8S<@8/*(K%7%X1NS5')XVH9@8GRQ)RW@V^<6H:[;)O2&%%-7+6M.'
M!UC'NCM7$^OR;LTX+6$\:+#C\I7/3ZQ6H\V2163S9+[6FK#$SK`<RLVU`I+8
M[*W-D>>R7N5V?D,:Y/Q"OVA5;4(O"W]G_I^9JB^6&>O#TK0L%J'\?E$3:4U7
MO\:L52Q6',KPM-\8J[L2,/-;2"3%3=U56:V65'XNQG,KQ.14C#*8M5E;QF<O
M69'-([`H:Q2Z0[&FGY?90SQIK;9"\9..Q@T[+H\)5J[PIF,;F^,>$WQWMLBX
M0````````````````````````````````````````````````````C@S'.K3
MG/;FWNG7G/;V^GC;R>SZ>SL_7RH]'H]@[>3W5K][_3L]'J_YMW)[\U`X\G>K
M5[WNG7Z.SL_YMO)[T=GJ_P#Q4?J_5[`\G>K5[W^G7Z/5_P`VWD]Z/1V?&H]G
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M&<;<I=\YSV]OIQG&.SLQV=N,YS(P`````#YB%J13H:8G4D'EDF&DG;DFZ&Z%
MG$[9U.*,V+VVQH:3MC.IQ6V<&%;>@S77/H')2M*>GU5D*"3DNY?A=%!1FAA&
MY79G;PNAVFV2]R^S&<^$UVSIV8SGO=F,Y')RI,FP5E0>23@XTL@G)IFA>#3S
M<YP425G?;7PAQN<9P65IWC#,XSC37;LSV?N`````````````````````````
M```````````````/(;)`QO6SAHT/#6Z;M*TUN=-&UP1K]VYP(SV'(%^J0X[9
M&M*S_P"%2*<%*2^S/?*U[,C]&QZ:'I!HZ,[FWNK:9L?H6O;5J5P1&;IC3"%.
MI:M&:>GWV3G%&DGZZ&;9)-*,+,QKOIMKCZ]E2;4C53D\G"?;77?4_P`*7X'.
MFW9W=_"][P?<VSMKC&_>[N<[:XQG.=L=OT````````````\:1K6%NC[XX2A<
MVMD:0L[FLD#D\K4[:T-[&F0J#W=<ZN*LY.E0-J1NT4J%ZU2>0G2)"SE!QQ11
M>V^NM>0P<?)-5O)CD#1Z>&47PHN63<!*I-K>L')NKMNFO%^%\G61'>W+BS(#
M'#6[,'C=XUM/7&O-'YY1()*]\780@FD^5$I9,WM4,O%-ZNIR4<2NLC5E:HT2
M7B_7QL_DU<Q:J9.JC%6-%C-G#^*SVTH=%,UV]-K:;`T5LFD/\XK5.=F$&6"X
MS%H?F-1A2^M&;J<QV7CW+[T2-O,Q7&/YF&CIT6?*ZS+LI8T-T2;[&(E#-BVK
M!@RMZV(3H[N@<,3UR?%96S'DS:#M;XY+HDL;=7A[/,DWXJ.DY>^,/')YM#+U
MM9;O0]/N=B9D:?*209G3A7<;5RW+XESIIE,\9?SG#+HG[FG@5^5!>==<ZYQB
M_@``````````````````````````````````````"GY8HCR2+R-5+'!*TQ=,
MPO*B1NBYSV9$3:PDMJHQY7K'C10DW:DJ)LU5*5#EJJ3;("2MU>IY.Q.#-=`B
M72FDY50O6TY4]*U55?'6AT'`N%\=*>I&CI='XU;]YPZHKB;DW(?G3/::87_^
M<*%-".'R.25Y&++L!I33B;0]6MF<A/3.#QML\2`TG0M)W%CKQ<>>,=@2*N>G
MK#X5PSL2LV_B)/$<)JE[LM)PWD4MOFM8_*8FF7(M(Q8NK/52SD`SPA<U/+\K
M6*4+\_(7-]?25%K>;%)(K&_DG/%JSU]A6G'_`/!^X2\;YJRP*'S0R-5[/Y5(
M7BFHLS.5L,Z1)X_-4D`1K7ESA;`H>$<>1R%UR].K6[+&MDV;MUEKQV-J#&.W
MLPB28].>W/H3%8].<^G.?Z\^L?>```````````^)S;6YY;E[.[H$3HTNJ)6V
MN;8Y)4ZYO<6Y<08E6H%Z)46<E6(UB8TU.J2J2C2%!!AA)Q>Y>^VN;8Q"@Z-K
M_+]M!*;JJ%[2AKV9)+M$JZAD:VD+-ODW.[2^;,C(AR[MF^3SL[-[CXRCV\,;
MWB<^$W[U7,<!@\9B!5?1R'15@@A#<L:"(6RQUF:HD0U./C'C[83&D").R%-Z
MWQM5E6B+0ZI565*C)Y1F3S>_UE5?P6<D,R6:0R*2U-''E!(H^GD\<99`0QO[
M7C;#8^,Y+NA6EM;PW8WVPA=$.J=<CQMMA.H+[<]M7XQV>K_Y_P#G]8``````
M`````````````````````````````````/G6(TC@D4H%Z9.M1+4YZ18C5D%*
M4JI*I*W(4)E*<_0PD].>29N4<2;IN4:5ON69KMIMG&;2Q+CS0D"6NCE!Z3J.
M&N+VS*HX\KXI6D(CBUVCZ[*?9:QN:MF84*A>SJ\I4V536K,.0*,IR,G)]_`E
M]WVX!3M251#-JXJZKJZK>O=C'0W:"0&$1B'0W)KYMON]&YBT<:FUBR8[[FF[
MNF^4&=G#<S?*O)W>R/3/KBOE4)*K53!H<HKPEL0LI,$/B[$=#"FALW(,;FHJ
M*F-^S"6VH#$J;=$AT;\)$NZ<C9.27L27G6L\8QKC&NN,:XQC&,8QC&,8QC'9
MC&,8]&,8QC&,8QZL8[!R````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````````````````````XSV]F>S.,9[,]F<X[<8S^K.
M<>CMQV_J[1H.]=3K>=7[IA=02;T-!)/41U(32/1FU:`<'^C6)Y=UL#DY)K6X
M,*MW\?*^$G6)SMEE$9W,-QEP5I$K4X*BM<N1&3-S;@TLY(.G$7CZ^<O'%E<>
M2DEK./2RX-(]&2(>T,<NEI&TD/B":/IMS"$AL(1.B&(+S]#-OA)R9%KGG!65
MG@2\K0`````````````````````````````````````````````````<9VQK
MZ^WT^S7;;_\`;C/9^\=?":^S?_V9GV1SC?&<]G9OZ?:7OC']N=<8Q^_([```
M.,YQCU]O[M=L_P!V,B)SJ,]*:H.H?<W`RWK!^"R%O#GD&59STA7M!J_2R*RW
M;-GEQJU9DG).NR)SLR+5D^*,NF53?HP-TM;-$WC#]KOB6'7.,8QCLSV_K_H;
MXQG;.>W.?3CT8SG.<^G/H'<``!']SSZDO'WIUM5:/%],]RNZ2U7.3M,9UJ"I
M)+:RDA5$D+0X.F7Q-&_\8S$F$/2/"`U3C;"XS55J5CL2G;:QO?\`TFWIV?\`
MF5S8^IU:GV1>7CUU^^#_`"7NRM:%KR*<KT4VM23$12-*IMQAL*&Q4AS4(UJT
MO=[DSOW4#0AP2A.QNK48VTTWSIC;7&NV=M9O-<XVUQMCU;8QG';Z,]F<=N.T
M<@`#'.T^2#+6,[9:V(K:W+*ESU$7"<:-E7Q9ID&6^.-KVCCRA<YFNDEC^I&=
MG1>E(**)\8WWP9X3/=UUV[*0_P`*]U^*CRY^C2(?B2/FUYCLR*106/RZBN1M
M>EV'.8_74??YK`HZW1[RID^ZC1H1+EJ"<NBE,6HPD4[[':(3M2]"=L[8[<ZZ
M[9B8].,9]H`````````````````````````````````';V?_`.9S_<..W']?
M]F?^X.W']?\`9G_N'(``#7S_`)0)&WF25-QU3LUIWE5NY%I2S=0OH^WIC43H
MZE;P8W&J)\<H<K1JW9O(,TU4ID:HS)1"K&3R^S;;?&VKE_-1-OC=]0/Z[5Z_
M^_AEKP+K>7MG-7BLO5<G^;4G2I;VK\]3'9ORWN&7Q![(*=L&;MDDC#T\'M;Z
MSJNY@M<UKBMTJPG.Q!^NQ6^VN=^/7_HZ_P"C']PY``$.G4@6W>QW-1[[!>!]
M[<XJYUK2UFJ3L5-WA$J<)ADS62JMU<5='W,EL2`&O1JMD0RE.A\4.7EI"]U'
MABR]S2\C!?\`G(N[_P!7QYQ_7DJ[\R(^B.R'D]++4H%NB/1DYB<<2T_(>E'2
M9VY*N7=9S.-16N&V=M:B=K'V-I;UD:UX:BV'Q@]P;T+,M6*TB<XA,5N?N669
MLU8_K]N?[\]G^P<@`"%[K$T1=-X1^@TM.5U*;!41R0V`J?RHQHDWW:D[DRQX
MAO.6>-KT&,:*STR@LGP>3<YW)W[V-<=F<P7_`.`'S?\`BW6O_P"P9_\`X@&3
MW"SACRW@?+"@IE-:(L>.1.-V"E<Y`^NI+7JW-3=HSO)&ZM9DE[4&X)U./)+S
MDL@W;O&:_P!'L[<XVT=<=FNN,^O&N,?[!V``&("O';SP9,>O_FD2O/9Z/3W;
MJAN>[GMQG'9MV=F<]GHQD:#/4JYZ]>[C+U<IOT^ZBYHVFO(M*XXBDXN(E$"I
ML[5[KZ^7I-O5R7#@95ZI2M31-2[JH1('DW^CJX0Q\4J/!X(-SKO)<A8W(X?7
M/`^)S&8N%B2Z,\H^+L>E-@NZ1"@=IU(V5D?FY\F+FA:TZ1L1KY.ZIU;VJ2-J
M1(@3&KMB$:8A.667K(EKZL?Z,?W#D``?D?DW!)N2/!^&[F_@O"][!6#,ZYP7
MDW.G9M@K&^=<F9U_I8+QMG7MV[,#1<DO\K0Y@1KEJ[\)3NF3!E?(!LO<_CD3
M%4W(R8_\IV7B;^0"!(@R;3I9AS:ZO1B94WKNY@L]I5$+]<Y*WQL-YEJV<]FQ
MOV>2T)3OE$E^%2FPY0H;2W+Q<OQ_1O/6$)E1R'17X;5&<I3D'FIL%&'$E&;;
M%Z_>````````````````````````````((.OBAG2_CQ2I<#OKD10#AI>??6R
M/CC;\BIR3O:'^;B9Z_`3\]QS&53K'_&=B7+X(/\`\G^%$2%=_P"%2EC44D<Q
MMB*6!7%9/74\ZI":7VKI+C(>W_X<MH9PLTA;22[NV3]\[:[$>&(.\`V]A9GC
MJPE0GU[FQ.V1FGPZ8;[)Y;<8#GCJ!]2&9-)7(&H3'.(3CF59$GA<I;])RR[*
MX]+8VNU\2D$:>",;H'IF5_Y,YMYYZ0__`!9NPW]L?]N?[\CD``6?M^@:;OQO
M96JXJ\CEA-T=7J'1D22-*:J);7!6DRA4JTNI1Y&=#CDFVR??;.=L9+SG'9C/
MI$6/*".=*3B1<7#VDK:H.LFV8<T[B<J:K#31"642@>$$66O!;X]ZK'I.=AC6
MRD^%UT0:BT4*,2JP8YKL3XGJN.3Y[Q'@CQ!@TFC\TB/'^O6"41=U1OL>>V]L
M5$KVAW0;^%1KTF^Z[?4M2F,_I:9VTVQKMZ]<C+?U```.N===O^EKKMV>KMQC
M/9_;@<>#+_\`%Z?)U_[@P7IC/;C33&<>G&<:X[<9]OJ'<``!QG&,^O&,_P"G
M&,_WC5GZG/700\,>LCT_^'*&3H4%,J?"Z<SS#?%<(VS_``A=$\/I?9S6J4NQ
MS-_-:<0BME^W2F9U5QN2)"3MM-._C&TMKKKV8SW=<9QVXSV8]6<9[,]F>S&>
MSMQZ,_KQZ1W```1S6[R`H:B^=<04W9=M0T\0]<3)@4S&VG9<*KW1W-(N>'['
M:->TN>V?"_8G77;)N$GA?!XUSW^[GT#%2YR>DG=_._B;S]E7-CA[FU^)L)MJ
M&1=+_A"T,J220NQ$:5-&7%Z6*)SE06?5QRZ=.40*)+W+)<YTY+L^!4HD9N+M
M\E>8W$.U))Q!AU8<J.-UB2U=S5H?*"*P6]*MELC7:Z[R@O.$3''Y4X.:O.##
M2B^ZG2F;9W-+UQC.=L8$M&OJQ_HQ_<.0`!QGLSC.,X[<9QV9QV9SC.,_J]&!
MK\27HI0]_P"O-$>JGNW,N*_:Z(4O;S'L;D>-KN7;$6CK"'S$YG[NFAC5K4"T
MU]V7EZ=])/8@TN._AE;AN=KL#8[,8QKC&<8QC&,8[,]F,8]&,>K]0[``````
M``````````````````````"$'KGXSM05-ZZX[=MKLQKKCM[.W;:OI=C7';GT
M8[<YQCMSZ,>O(_F%\S;WLY\YQM5A0UCE>"*EDS='*C3[,SX3K(2J]<MEL@6M
M*7='C9Q2R-\-=SUFZ$D_!S.K2:'[;D8+VSMP<&Y*@F?('B1+VLE4F;93;=)2
M%"E7)STBU(F>).P+RT2Q*I+*4)U:'P^4:HD\O0TM009KMKC./3OHX]7[]O[\
MCD``<9SG&,YQCMSC&<XQ[<^S]X_G._RA7B?UB>=?4V4V;0/#OD6OIKC`BBU>
M<<9G'6YJ)0KW.,.),TDMKL&#7A/L2I?K&5;[-;I@K90LCT3BAAW<V3ED$[Z?
M#^QK9MKC!1=BWQ6;_3EURBMHRMMJM),C3H'6)6.0AU;YH@RE3&&$Z-I\A1.#
MDQ;Z;8\,Q+FT[8LK;?8K3)`````````<;8[<9Q^K/HS_`*/UX_J[<=N.W'IQ
MV]N!J*<O?Y);4?-#DY=_*:U^<-];SJ[[`?)L[)$E?5R>@842TS1''(FS'+%F
MZOX$AD81LT58?#[9/+:V9'MOV&][LVFZ1@#[5-.U=64FGKU:;_7M?Q&$N]DR
M1$D;Y%.UT68D+(=+7](@-.1$O;_XCJXNV$IFQ&[@>H-+[,&=F+H@``,:;SX8
M\0N3SLQ/W)'BWQYOY[B[<K:(T[W135>V<Y1]J7J]%RUM95LSC[RH:T*Q:7HK
M4I$1A)!ZG34\W38S&-L6+\TETL/_`$;?`_ZI5$?_``**J@_3,Z<M93"-6%7'
M`KAM`)[#'E#(XA-87QGIR,2N+O[8;@]N>X](66'HG9F=D!^,'(W!O5IU:8W&
M#"3=-L8R,X/5Z@``$(/4&E,FA7*R+/+GTY.4O.JN%_'EO;$*VAB86H8(7."+
M.DRMP1O&DKLN`;%/"J/;(#_"I-5V=D1Z4KMQKL=X+$K^?J-_^KN]1O\`ZA3G
MYD14-8S^33[D;Q7;ZZZ.7./B>2UWVQO4^N&R2*Y30AE@1$0FB)Q3R+>.W1,'
M$QO->5S&H,+PS&%YW2E[8,\+@HHW90T[>YKVX[,]W7MQGUXSV8[<9_T#L``(
MNN?MU]4*J997B/@/Q$I3DI$7B./BJP':S;<<ZX=(M)$;JD)9VYO1H\8*<&]R
M:#CU>57::86J3&D[^`UU*\8P`_PP_P"4=_\`HJ^)/UI'[[(RBX<<C>LW8=^Q
M:*\Q.!7'VBZ%7-4K/E%DP"]76<R9G=$#`K519&CCRO."513R_EHVU89MKMXJ
ME/-58VTV)UP9-$```C-YM=2%GX8V%$H"XU(\V";*X9O,"W1ME[9'BD)>CZO8
M_$#$JYG<3#S,[(<J?&-#=-.Z;@KP?>USMMAEY^*+_%GE/TG1_P#^%QDWQ%ZJ
M#'RONENIQ!2K["%#A&I+(\/Z^;M+XF*TCA*(W=)LWHV-"?ONKPLQKH=A1KJ3
MDO.=M-^]C&)9``````````````````0@==#_`#`T[^VO_A[+QI"\ESS\\T^G
MGG*A1G)<DN[P><GFYV+_`/J@SX_Q><[]I?HQC&>YG7MQC&,^C&,"8?B/G;;E
M3QKVVVVVVS?%3YSMOMG;;;.9JS]N=MMLYVVSG]><YSG/Z\C>QQZOW[?WY'(`
M`#IDHO.<YR7IG.?3G.=-<YSGVYSG'I';&,:XQC7&,8QZL8QC&,?Z,8]`Y```
M````````````````==M--L]NVFNV<>C&=M<9SV>STXR.O@2O_%%_(U_[AS@H
MO&<9P7IC./5G&FN,X_T9Q@=P``'7;&O9V[8QG&,9SVYQC/9C]?K&GESGZ\>.
M/W\H3XI\3$<OPBXPUTRZT3R9+)<S"V(VU^3WDVM9Y(]:D;;MAI=(;HZI-,<5
M6ARJ/IG^U&O'BNZU5V;AFF->S&<:ZXSZ<9[,>K.,]FV,9[,9[,9QG';^OUCN
M```U>>N;^D53_P"Q,[^/GX0FB4?H[?INQO\`9E9W^Y,HV\0`````````````
M````0@==#_,#3G[:_P#A[+QI`<EOTT^GM_K)=W\(LXF+XB_I4<:OV[U/_&K.
M-[+'J_?M_?D<@````````````````````````````.,X[<=G;G'IQGT?U9QG
ML_T9[.S./UXSG`U3+@_DA_3^O:V;*NZR^1_.A_L>V9[+K(F;^;8]+>%6RF:/
MJZ0NRI/J;0AV2""5J_<IM(SL9XFC3I".^9X#&^VT'7D1,@$!A$%-DTEFIL,B
M$:B9DQF2I$NE\LWCC*B9MI+*EK:@:VY7)'WQ+X3?53>V-J%2Z*E1Z5O1DF:)
MRZQ```:O/7-_2*I_]B9W\?/PA-$H_1V_3=C?[,K._P!R91MX@```````````
M``````A`ZZ'^8&G/VU_\/9>-(#DM^FGT]O\`62[OX19Q,7Q%_2HXU?MWJ?\`
MC5G&]ECU?OV_OR.0`````````````````````````````````!J\]<W](JG_
M`-B9W\?/PA-$H_1V_3=C?[,K._W)E&WB`````````````````"$#KH?Y@:<_
M;7_P]EXT@.2WZ:?3V_UDN[^$6<3%\1?TJ.-7[=ZG_C5G&]ECU?OV_OR.0```
M``````````````````````````````!J\]<W](JG_P!B9W\?/PA-$H_1V_3=
MC?[,K._W)E&WB`````````````````"$#KH?Y@:<_;7_`,/9>-(#DM^FGT]O
M]9+N_A%G$Q?$7]*CC5^W>I_XU9QO98]7[]O[\CD`````````````````````
M`````````````:O/7-_2*I_]B9W\?/PA-$H_1V_3=C?[,K._W)E&WB``````
M```````````"$#KH?Y@:<_;7_P`/9>-(#DM^FGT]O]9+N_A%G$Q?$7]*CC5^
MW>I_XU9QO98]7[]O[\CD``````````````````````````````````:O/7-_
M2*I_]B9W\?/PA-$H_1V_3=C?[,K._P!R91MX@`````````````````A`ZZ'^
M8&G/VU_\/9>-(#DM^FGT]O\`62[OX19Q,7Q%_2HXU?MWJ?\`C5G&]ECU?OV_
MOR.0`````````````````````````````````!J\]<W](JG_`-B9W\?/PA-$
MH_1V_3=C?[,K._W)E&WB`````````````````"$#KH?Y@:<_;7_P]EXT@.2W
MZ:?3V_UDN[^$6<3%\1?TJ.-7[=ZG_C5G&]ECU?OV_OR.0```````````````
M``````````````````!J\]<W](JG_P!B9W\?/PA-$H_1V_3=C?[,K._W)E&W
MB`````````````````"$#KH?Y@:<_;7_`,/9>-+N]:SG4LY2<,9['HZK=(C6
M3Y:JJ=/9)R+1/'4\@C;:B9S591ZHI4=JN5)SB2\(DZG;3;3.3L%ZYUVS*AQ&
M]'*CC5^W>I_XU9QO98]7[]O[\CD`````````````````````````````````
M`:O/7-_2*I_]B9W\?/PA-$H_1V_3=C?[,K._W)E&WB````````````*%L"<I
M8`SIGA4@4N):EQ);L$)32"3-=SDZD_!N=E&<:9TUPFSKG7']+.=\9QZ,9%G_
M`/"79O\`S6>/^O-O_>/M;.1+0Y.3<VZ1IV*W<5Z-!H;NM;]M"]UBDI-J9OKK
MGO;:Z;&XVVQK_2SC&<8].<#(W'I_V_[,]@``"/3J*\0)SS&K."0F"2>)19PB
MM@>5RU7+]7K=$I0^3#ZQ^*I<,B):?XWXRZ$G=IVFA/@"S?Z?A.YKM$)YC+D5
M[WZ3_P#83[_W"+H4CT:[YK"YJFLAXM2H'!I@%D0N9N:!M*FV'%:WQJ0('=6D
M095LA27"Q00EW*394FED8.VT\+OKIWML;&V,=G]N<_VY[0``````````````
M````````````````````&KSUS?TBJ?\`V)G?Q\_"$T2C]';]-V-_LRL[_<F4
M;>(``````Z]['LV^1O\`9#O8]FWR-_LAWL>S;Y&_V0[V/9M\C?[(=['LV^1O
M]D.]CV;?(W^R'>Q[-OD;_9#O8]FWR-_LAWL>S;Y&_P!D6"Y%EFGPILU()..V
MQ)4>V=2B33-L:X;W/&=LZZ:9SC';G&.W..SMSC':,,/$5_\`Y`N_ZFI__B'N
MQ9$MUD\:VV0K===9"R;;;92*<8UUU<TN<[9SDKLQC&,9SG.?1C&.W(DOQMC'
M;C.-O7G_`.SMG]>?UXQV!WL>S;Y&_P!D.]CV;?(W^R'>Q[-OD;_9#O8]FWR-
M_LAWL>S;Y&_V0[V/9M\C?[(=['LV^1O]D.]CV;?(W^R'>Q[-OD;_`&0[V/9M
M\C?[(=['LV^1O]D.]CV;?(W^R'>Q[-OD;_9#O8]FWR-_LAWL>S;Y&_V0[V/9
MM\C?[(=['LV^1O\`9#O8]FWR-_LAWL>S;Y&_V0[V/9M\C?[(=['LV^1O]D.]
MCV;?(W^R'>Q[-OD;_9#O8]FWR-_LAWL>S;Y&_P!D.]CV;?(W^R'>Q[-OD;_9
M#O8]FWR-_LAWL>S;Y&_V0[V/9M\C?[(=['LV^1O]D.]CV;?(W^R'>Q[-OD;_
M`&0[V/9M\C?[(=['LV^1O]D.]CV;?(W^R'>Q[-OD;_9#O8]FWR-_LAWL>S;Y
M&_V0[V/9M\C?[(=['LV^1O\`9#O8]FWR-_LAWL>S;Y&_V0[V/9M\C?[(=['L
MV^1O]D.]CV;?(W^R'>Q[-OD;_9#O8]FWR-_LAWL>S;Y&_P!D.]CV;?(W^R'>
MQ[-OD;_9#O8]FWR-_LAWL>S;Y&_V0[V/9M\C?[(=['LV^1O]D.]CV;?(W^R'
M>Q[-OD;_`&0[V/9M\C?[(=['LV^1O]D.]CV;?(W^R-7[KDE&F\B:@R42<9C%
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ME^8[Q=X?/V*^7*VR=_`K9$G7R+<D!1YZYOEN6]X48C2Y&0F4'*TCWX@H3$D'
MFGEEZ$F[:>U$NE;TFYU'VN7P;B)Q6E\7>2ME++)HI&F&0,+H24>:GW4-;VS.
M*QM7%%J2#B-CD:HW30\DPK.V#"]]=:J\T7TTOB5T%\RR_O8>:*Z:/Q*Z"^99
M?WL/-%=-'XE=!?,LO[V'FBNFC\2N@OF67][#S1731^)707S++^]CQ))TL.E?
M#F-RDTMXD\:8Q'&9-LL=W^0L#8R,K6DTVUTV5.3LZ.:1O0)M=]]--CU:DDG&
MV^FN=\;;:XS1/F^>C9V0//\`,'PV[+3[O\V>?&H=V6'G<PDK3$%SY1]DPSL8
MH3EZXCGPGG.YY.F/Z1I>-O4;NF]TA7B;.]:-/&WB2Z6(P)<KGV!MQ,973-E1
M:X29V6.T52OIS^VI,87H>U2M;R"<>.).TS'C)'A*]\T5TT?B5T%\RR_O8>:*
MZ:/Q*Z"^99?WL/-%=-'XE=!?,LO[V'FBNFC\2N@OF67][#S1731^)707S++^
M]AYHOIH_$KH+YEE_>Q:I9T_^C.WJ9LC7T1PS0JZU)2J+%2K%L,2J8$G6J=$2
M,Z:)U$D+.BA2I9OHE3&/^C=H>IVU(*SN=MC3-;QCI9]*R:L+9*8=Q+XS2N,O
M2;"QGD4;86M^8G9)G?<O"IL>&ET6-S@FR8687@](I.*SOIOIW^]IMC'O>:*Z
M:/Q*Z"^99?WL/-%=-'XE=!?,LO[V'FBNFC\2N@OF67][#S1731^)707S++^]
MAYHKIH_$KH+YEE_>Q1\IZ9G26@^-\S/B]Q8B>I;$\R@W>2MC(PEE1J.JF9"_
MR`XUU=TA1#(RK9''TCJZG;EH$"I[:4ZI04<XI-#O$/Z>/1S30-)::CC[P\(K
M->824AL,XV)%0588I7[-2?1)+S)#K'%.ZASTW;2-2',S8U?INB+QLIUV*Q6+
M7TK>EF^*WM`S\1.-SHMC:]*U2!(@C2)6I9')<S-<C1(74@A>88@5JV![9WI*
M0IU+W4-3HWN!.-TJL@W?VO-%=-'XE=!?,LO[V'FBNFC\2N@OF67][#S1731^
M)707S++^]AYHKIH_$KH+YEE_>P\T5TT?B5T%\RR_O8_,[I(=,Q.4:>?PPX_$
M$$E[FG''0XDHHHHK38PPPPS=9KH667IKMOOOOMC7377.VV<8QG(MW7_3MZ.]
ML?"O\U_'KA]8_P`!>)8>_(,R)S'X(RY>,_!^'3R;D#G\'^/>)*_$_'/`^->*
MJ?%_">`-[E9LW2HZ6\C0Y<H_Q"XW/C=A:YMV5S1&V]S1X<&5Q5,[PARJ0N)Y
M&%C4[(5K8Y)<F84('%(J0JRR52<XG3U?-%=-'XE=!?,LO[V'FBNFC\2N@OF6
M7][#S1731^)707S++^]AYHKIH_$KH+YEE_>P\T5TT?B5T%\RR_O8I4[IB=)Y
M.:_D'\5^+Q!T5<&5IDQ9S,TDYCSI)"6Y1'VU[R:Z::M2][(>&DYI1KLD*7$M
MT;=D91V%Z3PWF.W3>Z0S#,V2N'OC;Q):+!DI'C,=@SH3&6^8OR;L59\.RQ96
M^DOSJ3V(5N?"H&]07V)%6<;?Y.=W*94\$>BND?9-%U-*\*29-"T3TY2^.;N<
M)R_Q9OC9>ATA72)CUDNSLRHV$DTLUZ4N2-,2U%;Z&K]T^FV-LWC\T7TT?B5T
M%\RR_P!7K_\`O8>:*Z:/Q*Z"^99?WL/-%=-'XE=!?,LO[V'FBNFC\2N@OF67
M][#S1731^)707S++^]CQW;I6=+-A.9D[WQ$XW-)\B>"8^P$.,:1(CGI]4(US
MB0S-12A>7NX.9K>UN2XM"DU-4[(V]<JP7X!(>87YROIA=)]`FEBU=Q7XNHTD
M"USO.%2MI94R>':8:$S_`)WE1Y[N65'=,,2Q(\YW>=T.OP2J3N7;XD>2?O\`
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MS"-OU6ZG*CO"9(),VQOG%/G=-KH<IIU$JO4<8>`J>RYZPXE,&KPYHJ\J<S.,
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MN?\`*_7V:XQ^[`D6`````!X,J0&NL:D#82]*HV<X,;NA*D*$W!*UB,6-RE-H
M\I#MC"M2E37L;A>G,V-+QH<GTVR87C&=]=3+>%M&VE>L$>8N+,AXQ\=.-])U
M+S`G7#20*[3KZUJX:>:G$"1.LAO![;*^C4>:5"NKH/?MCRRG=G^T9)#ZSEMM
M/DXG"IEFR+RQG)X$K($\V!S<DM$[1E3QRD7(J..%<O-?%L6M6R>::T/5B>\)
M+6JJ.Z:,SNRK[%).2RA]9=CVAUL]OGAWC*E]TD!V\D0``"(/JA$OJBP>$I;[
M8555)0Y-K6HOLZS;ZB3'.*6ATT;Z;?%-)N$NCDIET)AYS]M)M7_2N7*</1D7
M9IQAJ<DS8NG)$(P5#;;5CH+9CTKEK_OQ6@&7[BW2[:=6,TKM9$['Y<0Z'7Y9
M+Q!WOI:-TE;W)_IM9<3.GT=(X6CC5Z+";GG5?:ML5AKRS-USS:4.RI)4TPZB
MG%C:KYMQ!G"ACY`V1O-:QI&(M)7,^N[%;J7L"-V#-+GLN*3B2%IJSCSVGWBU
MN1&0P2NE;J]+X`QND]D3@SIX9,)RM?\`HZ^C./1CT9]>/1ZL_P!?M_K'(``M
M9>6\X+I>V]ZR+7'6/I6,_P!X`2V;)M'$V;:Q%YS$RT&ZS79)HNWD.&W5'LJU
MV3ZJ<E9/UR5C;`U]>&MNU/#*V:ZJG%K]/9ZC3IQ'J>63BQ)+33)%(EQXY*.<
MTAS=$Z2Y,O+W:*O^<FPK%L@R7SXB/SZ>P:]CK)JF?RI[3[K7M&MC<C?2D+2[
M4Q=B]$MK"1)7?E?=#J385`QE5">-=G:*R(?CRTX\PQ0H>"8[7^V2LQF0X;YC
M8+?([>C5GS1//I7M)C7':4(``!%'-WZN6CD;SJ=^1\DIB'-K74G$Z*58_P#)
M)#%%5.,L(FBZ?J(NK>$,@?(Z2ZH)'R<;GM&^H-G^/KGUXB,%;$3LE7M;"J31
MO40IHIOLV-S_`),/?&>1\9]N4'.79=<,)B+-7_`":7+**&XO-%?R>&1J9N,B
MAD=R96"#D!5KN[KIW839.+S;KK<&Z=.[Y-MF!LRWZ8)4N:9Y7K0E;92TQ99P
M(K-TDK+(VLE"L8V)'R&N5LX@DOA.^A3DV2PWCIN]LJI`ZE%O&(K%(D@=L:F,
M24DF<8``!;ZVFA(_U;9#&X2A/"4+S`IDU+)BJ*2'IHHE<8TZ(E,E4$+SDR$X
MA@(/,=CBEB@A*86CVT4G%$9,,U@<I6P+8BE6VEQNX@22M.9<<C-8\586EY.<
M,(945<RVN&:5)YA";$+<'!RNW%4V39\*K6%L]DUN6TV`BDT6>+/85,WB2I@3
M-KG(,[>E+NE:^/,\@3+2$\HR(UURCY91B'QF;;P,SL8M>1UH*R$#:;";#L+=
M6HC>QN6&4.CTN*4/$J3.KHB<).C5XD:^3<``==_^CGV=NO;V^C'=SMCO]N?U
M=FO;Z?U"`N=P"+3_`*?4_EUBL*&16_%>>DIG\O-<#/&E;'=\=YY-L$:'E4VI
M%JAM,<(;5Z&'L%<*UR=4H88.@B#BR[(SBD2S6JNJ%(*F?9&P0UAGG#MYM=OL
MOCJFL*BET2;9!STGI7\ZD>D4#9>/LL8YKF6UK,RF9:O?H?(G"I9L0S-FTC>T
M+[`$)JR;QWXJK/KJMN5\HI5LO/BSRB@=VV'SLDO(N&L%<1AON+C)'I)(+`LJ
M4+K-LJ(3>59)@[7)W8SCY(&.SV>'N[ZM=XXXL*TDV*R=G62-<`'.8O/"?BRZ
M3TYU4R5=1=<*%2Q^TQI(%Z#>.(\1YQD.N-S-L2!QC6&9<^9,V\+LZ*%>YVNA
MNV^N,OP`!&#RTEEG13E-6KW"*XVMZ51/B-RIF?'.KMWJ*L"*9<C4LGI.,':;
M.4JDT6;"'MJJR4/I2/8]V;C?(5]M$MO685J-M,1/1QFVB<BO2,6_4EOQ6I&+
MFQP!MOEW8UVXILICGZA;73&NE%@W,DA5N68@*CZZWM*ZG\J3KMSJ^KRN&=D9
M75T96&&Z,2'++C(JC6G**KWN@"UB6GY?S!YWI:RS$$C?BL7WBTHX_5C(;>D<
M&PU]QI-J]=ST96EVC;\QZ&LCE+)&[KV50<W2C"I;/:```#73Z@,)7$7E=<5J
MM=Q8G_(GD39G#21UB:=,]S>:E&/%4OU<)&]HA-9MT/E#J=6Z)L8)3;B6SULZ
MJR)5>DF]LR63('Y'IJ3*MBG3M[N>WU][?./_`,N=]LZ__ISCL'<``!J4_P`H
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MC/9G';CM[,^O']6>SMQV_O````````````#U^L?(E0(D).4R)(F2)\YWV\`E
M(*3D]XS.=C-L%$ZZ%XV,VSG)FV-<9WSZ=\YR/U3IDZ0DM.E(*3)R=<:%$$%Z
M$DE:8]6A91>NI9>F/U:::ZZX[<]F,=H_8``!^"E,G6$[IE9!*E.;CNFD*"BS
MB3-<9QMW3"C==R]]>]C&W9OKG'>QC;L[<8SCH:B2'F)S3DQ!IJ3;.Z0PTK0P
MQ-OMIDO8Q.9OKMN09L7G.FVY6VFVVG]#;.=<8P.I+>A3J3U9"-*2J59QE2I)
M3DE'J<Z]N=?&#B]-3#^[G.<Z^%VW[N<]N.S/I'V````^#=J;#"E)!C>B,)6F
MY/6%&)$^Y2L_/=[3E)>Q>=%!V>YIC)IVNYF>[KV[9[N.SZRBBB"]"22]"BB]
M=="RR]<:%EZ:8QKIIIIKC&NFFFN,:Z::XQKIKC&NN,8QC`_0``!1SA7T,=9>
MWSQPCS<JEK9&'F&)7HTO?*G,6?W5B?'1D5E8WPE<$!KO&V=Q3E."=5EN5IC3
MVW9)NN<,JZEV;T.Z75#NC3;(M-2]-$FQ!6R730G;78G35/MIDG70G;338K3&
MF-2MM-=B\:[:ZYQX3+"HM'7V7R=F94B*03UQ:W67.^F##%[VL9&)!&F?*D\\
MPW?1,V,K:F1H4*;P"%-G96J*3:K7%Q4JJI```<9QC.,XSC&<9QG&<9QVXSC/
MHSC.,^C.,X]>!\R5"C0E8(1)4Z0C&VV^"$Q!2<G&^^V=M]\%$ZZ%Z[;[9SMO
MMC7&V^WIVSG/I'T:Z::8SC3777&=MM\XUUQKC.V^V=MMLXQC&,[;;9SG;.?3
MMG.<YSG.<Y'8``!2;%!HI&G:9/;&SD-SE8#ZBDTQ.(-59)?9`WQ]EBJ9Y5(C
M3S$);EY/1UB:E"Q*F3GK4S0W^.[J#4A)FM0;-Z#99JX;(TN5VI>2M5N4Y/C>
MI6?1DK53W/#X*VQZ-B\&=S;&<XSC.,YP*>E,$B4TC<KB,E9$CC'IPT.+!+6[
M'A46C^SNR,YO<V]R4-QB16H3KD"A0B5:Y48V-2*#TVVV23C=-ZH(()2DDIDQ
M)2=.G*+)(()+T*)))*TP644447C70LHO3770LO3770O377337&N,8Q^H``I6
M10F+RMSA[R_M!*]U@,CWED/<,G*DRQA?S6%[BZA>B4(U"<S'CD=DCXRKTIVQ
MJ)>VN:I*M3'E;:XUJ39.1OH:7N47OH?KW#M=M-=M3M.YX/.AN,XS@W7)?]#.
MIG>QG3.=,XSKGL%+E0.(D3`N?%,2+67$136#I7KL-R>AB>';#X8R-Y.QN4C>
MC5.I:58OPB3IS'#=N:=%QB@IG:RTE7````^7"%%A7NOPD3:KC"M2#%FI!6JH
MPC7.-M23%&-,';DZ[8QMJ5OODO&V,;8U[<8SCZ@```>2\,+)($Y"5]:&MY3)
ME9"].G=F]&Y$$+DN<[)EA)*X@\HI6GVVVR0ITTU/)SMMDHS3.V>WGX#9OACR
M@^"FWX=RAPUY>?$$GPMEMP=XQAORY^!\>RA\/_CO%,J,I\F_XS)7?_I#T/%R
M/"ZG^!*\-IIL7H;X/3PNNF^<9VTU,[O?UTVSC&=M<;8USG&,YQG.,#]0````
M```````!3<REK%`HE)YQ)UGP?&X='7N52!?X(T_Q)DCK6K>7=7X`C3<X[*9N
M0J3\%%:;&&Y+P67KG?;7&<,J^Y8VBY/W'4^U*)2P"`\KRUR.JW1FL#RMF,+E
MFU;OUQQ:&79&E$2C3-''25UK$Y4J^$H1*ITR1Z<,FT'6K7!.Y-DL4WHXV7D[
M7O%YT]/L%S7CO!KGMBHUT>VDJ65&9WK25J(\2Z*'1"W-R$M6[)="%JUL0_"*
M)I6&'MZ1[?$Q!3HJR)``%B;AN<VH9/1J)QCNBZ'VS:R2HWR6?"2I/M!7^4QB
M1K:Y6JFTAF7$N+;,)PRM=<9..<FGX-?Y=&S-<K=%)I)>/#?U$*51HI^\SG=Q
MC<?BDDM10VNL>9I?8^/YE:BF!M827D#814,B;@75M9'V;'[!9FF02-08RN,7
MAB^<)'@]F2R+R;]^`<VJ\<$5Y*;+<6Z';TTZ\F9*KU;D,D>RU%'\;Y@1%Y!8
MYQJ)L6:'*.Q6E/.8VW=0YK<FX,96Y8F_Q@ZOW40XOL,N=H,8_6,[R5IF4[KO
MQ&,T5=LF*>)Y5[&EE-BQ*+N+'`5K;*7F&115K)GTIA6+TR=E2N:@E4H.:'1,
MCKN-\S^.4OF$,A<:G^7A98&D1*B;\DC$NS!W)\GM99NB%PTR>&,1<1;9Y)ZE
MR38C-"'5W0R97%5K6X8;==GEH(792XSC..W&>W&?3C./5G'M``$>_,_F^KXH
MR2-,:2)022?"5.VW<AR286CM7K_+=*JEU/Q4NJZE:\1&2ES:W)\=:^A4$C9Z
MEK)>)"V-L<V/)\H?A9H]L_J!<?-G%R<];"1Q^!P=3?;58;W-(!;$?S\.\?%*
M)ELMKA3LKB)$>DYU=RPQ3$YCLUJW0M9*34$4AYK[(C#T!=:/7-^@(MNP$S-V
MF\'5OB=(Y*F^9U594;<89''.6-T$9)E9B!RBY2JLH4_S%S(CK%+)V4PL;HXI
M7O"99E/&),H9\N,9QGTXSV^G./WXSG&<?NSC.,_UX'(`(XK%YXKX5R\;N,#?
M!X6_*#Y+0D>RW8LQ2CN.0(+J23]P?9Q!JM)A;@3((;2S/!SY79KDKD[2G;82
M1)7_`"M3*F!"S2&[#!SSXR21RC;8WS=X*VFY\,_F_<'&OK#:V2QV>?S]EJV+
MS"NWQRBR5KFL#76#)XC&5$V8%*V-M2F;0->[N"%FG<0<WKWE',2E=C8P2VNT
MC6)IU+Y)6\*E1E?SQ-7S[9$=DD[AN8:7.SX\3&BG)TE-=29I8S#''1"^[$M9
M[0M5IY)&C7;'6H^H<SV6C@[0\1A5`90]5)P!M!XD+W'ITXUHX+^;,@PQ(8'$
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M,`Y"3CCRP15'7LXEDQM&05_#FR<2)_KR)QF,KGJ0QYM85:QP<US<F6HVA`E;
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M4;$"[(LN"V>VH*\CJU/+6NMMETJ9UD`+G+%(5<4G$<2'DK&R+*YK7IO/?C60
MV.2L^1S,A[:9)K&%]?'5):Q5KDJMH`9:WPII51D-UGRB,XK4DZ9[RE+'SF#1
MI).3[N&KR48TZU!'>9M%S=;/D-<N,WL_:M$D`4RE=6]567,V/3>T(K")[!T+
M))&:+'QZ4.+U`K%A\YV11MS=#FF)/29\>\-J//?%IDO4$JV83/2(U^8M,9'&
MMN+%J1JV9%$;`UKB1-')V]U5+1J)IS6R-9<VZ9*75!\$MZ9VPD(12MSW;I,4
MT(H?,U#;4;#U%N)<B97R1H9_($S`SPY[GJ)W>:KM=A1S*,1RQD=0O2NM\O$*
M1'6.M16@Z,<$U9(62]/B^126*IFIN7D2F/J7&_5+WU75]M\W75\IDOAJVL%V
MJR>,TO@\QK^0Q>>,C+'9&X,3@Q39D8G(W&K%+8ZZHW9`0L8W1"[)E+6Y+"L[
M[:7F`6&Y*V\\4;4RZ?Q^,MLN?=YO3\"9F)X?5<;:3G6WKB@51(%SF\H621+4
MJ!E53DI\6:)&9:I6$-QB$C4DQ3JI)Q:>^9]L,=BH>/J^F(:BOM3<M>5YC!]E
M2$^HG""6C4%[6S$;08Y<36VDJ5;F[<?)[!7R$.$,;EC%*D!B@I^>(X8U/+M;
MBX^I@Z4_6J5XD511]ALYMY(RKBS-8S)[,7IH,AM-EK)1:,';(+*6.O7N<6+I
M>S8X0%CJ`I!5K2YJI)8C,QRMNC[^EPQN=Z[UYSHJ=A%3R]!7"J9*I,>Z26XX
MXBEK9A?0]05@:QH.2T^D:]B029G>WGC\^R9DC4FA29:VJ'20FKVLAW0GMQV,
MY[Z;ZF::[Z9QMKMC&VNVN<;:[:Y].-M=L>C;7;'9MKMCT;:YQMCT9'<!QG/9
M_;C']N<8_P"W]_J$851]1F(R^E:[OZS)71$`ADO:GF8O3##9U-+AE</C$<H"
MT[VE+#*"HU`V\N-3R+1RN7)Z7-[NDU0NC-'I2W,V5$IWCS8X9$,7-BC9/%YG
M*8]FT78FOS8UM+&`BD+?(FK0SS*)'SJ*RLZ$KH8DE!D/?HJF5.+=)R6PQI.5
M)%<?V4%R9(H92_,8>?7%N4S9C@L;GSL]KY`\U='$$@05U9)E?ZR*[:U:[=J-
MB66-O$](0@=+!K]Z:7N.IE;X3L<>YMC&LRB?W1L;%E..'/ZA,-4>L!'-3&RH
M%3%:4T.GTEK.WT3).H%5M:RVQI#+:=?2H?\``DV8&MBB+C)3'Y(:J:))%RTR
MF%'OQ[XP;+JB;.>?'1Z2XRUNUAJWX^5QB'-<"Q2UP$66^NLSK]UM:,*F&NU<
M)3RYV8':N&"03#62I6K9A0-<>?RG9P;W-E<6]/D#3UN0&^JO@MR5:\J)!7MD
M1MMEL1>5;(^QM6O8W4K)J,]7'Y.VL\B9%?9C8M4U/;4W.J`_0Q,N1IU!>Y>M
MR0`8G<X^6,;X/\7+4Y,R>*/T\3U\EC#>Q0.,')$K].IY84VC=:5O"FY>NUW1
M-9DJG\PCC&<\JR5"5E2+5#JH3*2T>R<W#JL.H!R?CET27C1RZX=-44O9SXS2
MOE-0[!Q?NM'>#!=3!7SVQ1FR*<2O5GQ*A"8G=D(?I?"TF27@XRMY0DD6SHT3
ME.0V'%JLENG1S!<^=_$BON33W59M)O4PD]QQ-YK`^8HY^?%'>GKHL"G'5&=+
MF]F8&]X.4N$#4KS36]MU0$&*MDJ%8YI""7-7G`````````````/(D#"S2IB>
M8S(FY*[L$A:G%C>VI:7@Y&YM#NB/;G-N5E9SC!J5<A4J$J@OMQWR3M]>W';V
MXP$A/#"P87<''!Q=;M>K7H/C9$)NW5E`)X0UL\PA$X6Q?6NZ_G2N51./)M+?
M71.HWJ;U8D\NBF5S0HI$9.7!WF,U-4K,9;5#3[)3J6?I&-S=7/2P;:L>WG+9
MVRCSNB>[)?MG]U;4/B29-CX*0J=LDM^%&#EF".SQE2>9_3%W``!9Z_:=:K]J
M"<5,[/\`(8AB5MJ;++-HB<B3RZ`S!A=6^306PXB<YHW%K*EE?S1E8)E&3'-O
M7MVCVR(<KT2M)X9.9BS+>GU$G&/MD5K^T[$J=A6<:V;B38R*+D1)TVL&EF10
M]*419ALG8G;$5L!/F7V"038$>++<-B;"D:A<WN#LEB[I':1L;IGQ*7LL_8XC
M=5HU:FM*'<FJQFQT6;H$Y'J:QY0/L<D,HC+'K)HRZI6%PB"R,IT4)DI2=4N2
M,SN^HWI,]*S6=R8[VM?"^"-<O9)@3*);NL8[?Y"W$F1[Y9L(C'KD7%G6*2=I
M-UT;<'?`[$B=35$?UT-U6ZJ2B?A)2M+[^FUNZ4Z=M94184,FT3>4[T3&F"LT
M3D1-JSJR42IRDE5T0P<?&*5,5E*XN7-H&>YPR(1%:_LT6<$[6H?698J:M6=+
M)Y2B=Y#,8[,=GL]```M&\4Y''N[85>:Y2L,D4%K2PJR:&O<E`:T9;[%EU72]
MS>-\G)=UY+R@656T)&XU*K)(PC<73"@DXW*4PC%^7]/2K9K#6>%.TQL).@8S
M.4ZMM<FA<RMSTA>.45L:W.XOR%;AG/*3NM;3I*TND!R8E4M^^&=(FEK?(T9R
MY*K^23\$T,]L:&6S8UB-$^LIFCK5").[S"D:@DK7,()&K!WL./H4L7D;*]-L
M*DC,ZO$K18F,/\05K$,P6[.+<I<&6'K8](-C'9_;G/J[/7G.?^WTY_7GTCD`
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M3,W)FTMQ?7<_&I[J\KM$NJIU<CM=35Z\Y0K,UQN=MC'OAGTXSCVC`9VZ?=:N
M[5>[2?,YT61?E<7E6TC,*VC_`(1G:[WO6U[ZD2]D[S1MIAQ9Y';3RSLN7#56
MFPR-K7A>2K7^.*U'D6'TWJ?L277[-G202C#K=<EIZ;M#6L0Q-^B%6S&H9"RS
M+=TB<2?&):TN[?9\PC3`^6W'Y>6]-<P,;"2B]&LWNJRO0,Z?E?KX/8T.<)0M
M;M;0I>)4Q(MH#":^K=A0MD2MFUK=)?HW#8LPIXZS/+J^6R\(WC/BZHAP(0(W
M)5@]]5NSDN_=TX+)"+&D%LP&Y)S`I\IN::7/$WA(R1!]31APM2MHU6UK0Y:S
MO3::URV%RQ/#8M*6].\)R9%%I6Q(5+9(SF?*ME56EL+I^%PCBU?=,T&\SAVG
MUV,=5L,:G#_*XXR.]9V3`43.DC/(C>0:,Y6QLBB,Z;B[T>$K6P.I[M,DVS1&
M8VB9U"9O;Y':V@,?JNO8/6<43[)8Q7\2CL+CZ??.NQA3-&&A&RMV#M]---3%
M&R5$48I-[N,FJ-S3=NW;?.<UL*,L:OHE;-?S>KYZTZ/T(L6)2*#R]E,/4I='
M6,RIH5L;XWY5HCDZU)LJ;5R@HM6C4$+$AFVBE*>2H**,UCAOS@1/K&HVVV!W
MO2P;NM'3BO?''Z@%LW3P&'[1%=<\,,B#W-WM[BD6;R9#:+NR(V*,&6`^)=&]
MG9TKJ:TQ9`LE4O5O52S'INQ>P'':?3FSGB=77K+='TNQYW7M93!E/8$M8JJG
M0P]QJAYCYE?+FTEC5&R<QUT;D;^9/S3WLIP2Q\_>("MI;P%@4CACU$4,K<F9
M([7W7O('+9M$("\0/,@KVEH%2#7$G&KW%@S"7FOBF*!-<I:(PM;L)HO/$K%(
MH_NDQ%&!&FI.`=-N"5VR5I&6FT;"<&.`5CQHK982[-\(\=E..*7(_7DK6,E6
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MT.D7@JXQ69":MM.HX=`DL`3M39$6>O(I&KBG3@RLZ$K+QO*WIQDS[(7UP=''
M*BGY)TZ(4]MZ8]-9DH5SAU3WLWV],9O$:PL8NZB.2!-:EV:;-X;((B7$6Q<4
MCJ*LFF#>1[9&VR(16)MT2PT/$<-4HC_CJCI<\?8%%TT.G;A-+Z96BLW:GV(Z
MVGG*Q]Q!I5.)U8-B[RA^C6L>63F8V[(YO\)6[-9+JI=;`=(ZQ/+P5\*EK52S
M*#CQ5UDU`Q+8#++"+GD"AK/6T&IP]P1$[3G6'PFMHXP.[U9;\0@;$[W-))+T
M[VJ-V;TNS<F8D;&=E2<[N#SJ5D2`9]/^S_9GM&",NX$UQ+N.U+<;UTPG":+T
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MDC1(HR]O#<0YGFQQJ428Z0+%#LL7^E=W%!:USMNY`53O:3Y;C=*ZV4LI$0?J
MH:=8Z@AM26G4KBH-;[02IXO)6:2QNPU*20-3DNU<6UW(C\MC&-E,<4,SS?CA
M924FXX<4J!HZ:/Y$IF-:5A&(Q+9"G/-6$N\F2I,J'Y:6X'HFPYTP:ZJE>,NQ
MC0R[.VVNSE\",V%6&M)D^`#';ECQ?JWF;QYL_C1<R1W45]:3(F;'-5'70QCD
M\?=F9X;91$9C%'HLL_+3+(3,&-BEL8<3$RM.E?&9"8K1+4GATAV"O$S@)R)I
M[FE8')CDYR7QS)-TX[1&C:!LV:QV.5G:51L&\Q/E5M0M96]7PEBJ20I;)=FF
M$2=TM[1P16`M7,.T36,!4=+3*]LT.&W%6'\+:#8^/T$D4FE,;8IO<LY3O,NR
MU9?#G"ZKEGMTOR,_+*@;6_Q)J?I^Y-31@M)H?AH1(<+35*WQA2;E&```````
M````````````````Q;Y>W)O2E4(WTA:_LBR3V#7M?(I6T'0IK:X>HE\D3(O*
M*9RVQFB10>#PQ.02>A>)6_QR1>)GN#>WLK`\25T94!\65;\Q>85BUPS7)Y=Q
MQK9H35'#"5.L915&G4M]I/%N<S+WHVSG5U=W8IO?F=F7T]6T9D;0CBJ&*JX_
M*W<R5&Z8BYY,)VKKCC<<\N/G;1[E/;'(=I:AH+G_`*3BBTT&3,2CCD\M')#C
M7$(S$WJ0(RBUZE6ZQ5C)RG(FYBI[FV6M59L*.1P)Y3-B>;<````````````!
M%AR],:-^:G%=-+'*F$45UI"_UY)-\/:QGB9TM27+Q,T9C(CW%J-`HLPIN4/9
M<>P?@Y26@/=<$:>*F+L;8G37G?R(8I\\1E^MB,5K5RKEC35/UK<SM5#::78M
M!SNR[<9K`N9-\+&9C[,NB,GC#;QS1O*I&9#FSR91\HG]I<:YN2'QYIJAKYE<
MMWA_IR+:2FL&%*_I7A37-G6`@8:M@/*G5NYF2>FF4[&DJ(7+4^LJX[,<)L5H
M9::/3R9VE=S1&9L*!=6Y2*-.7HH^2?,%/&&>3.UT5>QYMV#\P7ICWM"%QNKX
M-5KC1/+VKZWJ]`9/%"5W+:W:=4[.'J-KG>?-<O83;.)C4T;XX1&DKW#7?UJ0
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MV]19&:^6R=?H?$S&DMQ20Z3O<388\TN,S1*)DO\`:`BBY**6G7J$4&3+G*H$
MD:)X^29>U)[K>E+2UFRXKD33FB8VN<;JB&XRRO@W)R=M,R4>LTT.1E9TV;SE
MA1F+#SSPY%MSBK:Y=;$9K.&+N67'NG(%;+K4"74J?\9K%F%T-[OR6(T>SLL$
M=6RM_BA=+H,N*(Z(P'-=IN0K\T+Z]NN*L#;5\)YE<LY+8530U=*:Q9&=Q<HS
MBOYW-DT=K"+<NHBOYD6/3[O(V9%)B%SU\,N7'B'0*:0N/TT;HO53ZX8?,U32
MY55(8TPF?-'>3_,8FNH9*9/=57-2RX^/<ZMLM=8T3B%.Q.NWV`\JJEA*"',,
MW=T3ZRLL@L&E+*=HXTK+2:IHRI;98V68;(DL.4O<4)KZI>95^VO?54,3,XM<
M&@TD;..+S'8/R!Q`:_LBXJCLFDG*<658:5@;D);X[VO'YR6MCS,VU$H45,WZ
MUU+2GM(I12AC?V69_7.<ZZYSV=N<8SGL]..WL]/9G]>.WU?U#D``````````
M````````````````6+Y+<@X1Q6HVQ>0%CH94Y0FL60I_D*&$LF))*U*$UU;F
MC4MC8?'$&[NN\9=$^VB`A3JJ4::F:)"U"G)*<VF9IRTI^%V1QLJ]4X.;X]\I
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MK$>-O&4IY1=S0```````````!QG&,]G;C&>SU=OI%#3.M898*F%*Y:S_``JH
MKV;M5C1$SQ]R1?!,Q9&YZ:FQW[J!6ET6^+H)"[I\H7#54WG85]\]*880GV*K
MC&FN,8QC'9C7&,8QVY]&,>K]?KQ[?7Z<^GTY'.<8SCLSZ<>S.<_[?;^\.[C'
M9Z^W'JSG.<Y_MSGM]/Z_;V8[>WLP.1;]SMBK668):]>;)@+3/5K8H>T4)<YC
M'4$N5LR1"Y.:IW2QM4Y%/*AL2MK,[N"A<4BW3$H6MQ5F&ZID*HTJEVKD?QZ?
M8Q)9JR7M3;S#H9\#^6$K:K0@[C&HIY09(^`<25]1OIS4Q_#7C*;+1\)JTOPG
MXP1A#XQD[3&V/$[Y'\>KCX:7U:TN8WR><?4V]ZU=+VN*.36XKK#CT#L&2TW(
M#X6\L<I:VY2V3-<T'J(PZ$RIGS\%N*16I<&L[4[).2[;;\1\5TTG)J2I9'DM
M,K4PFQ)=7:64H6YUEND'CSNJ*C$UE#/\&RF5*$C)'529Y4?"#TO1LF-2GX_#
M;BW<HY=44TQ)QED0L&&VR4RS>G8,^-=73B&R]T9%]UVW%J>BZYX):WU1HW("
MG^3X6J=E>Y1RA`SO!;:6K<$N4N:_/O\`HE*=-4RFZ*G3**VV)+L0@^QX<2=`
MMSWG>/)M)H68]Z[Q;90_E[LA&'W"#)SOINUZ]J[39/BFY-RHXXQ./S&2N-UU
MBH102LG&Y),D9YQ&7EZ0UDW1UNEFTTPQMSJ>Z'L"M@>F)Q;'(I-LC<D[^P;(
MCS='IMRI^>.<H*;?8TY6`KG<%CE9)D$`=6FPY!8U?HXX[H+&BZ*4,!YF^)*8
MHCIBE.N)2(TDG*:5;P;@Q4R$N#;G1895FW("B-7^,13>ZJETE,V1QUPAL:VL
MB&8?Y:AER=0LBJR,L^7KX1?DDF2)%2N/J6I,K(>TR8\]K,5EDF;:W=]?J'&<
M8SZ\8SV>KM]/9_\`W_7ZQ92[2J,0ML+F-[R&'Q)DKNP6:<1&1S>:IH,RM,]:
M6B1HV=9ES7O+,W+51;0ZR+N-3@<J2*4^5*DY$;XCH:G]8F\*2,FC=6Q%O5<9
M8;IJCRTP(NP8D9,W+5<P9E2'*"+ZO.SXM\;B^,R)+E.A-RI8.\[D9,;<;*<4
M#%>5=/3V^5G'^!REAG,G9ZX>[$D3G#Y3%I,SQC1CGC=7RF+R/1E>%KDT2;=X
M6J#"D"]&3I@EJ="C#-%:0PC&2?=QZ,_KQZ,9[<YSZ/Z\Y[<]OZ\Y].>S';V]
MF!R```````````````````````````L!R=IYSOBFW^LVAV;&5>[OU<O!3@\)
M#U[;J7";/A<]5)E21-_C#]'!)%U#=IIGM*\*K+V/QDC!N,X&M?3HLY@<MWN-
M7@QL,@@EGO\`IQR>BX6:Z:4GQ]:*/Y.0^EJ])9G98I0RB15O:O)AWDZU<L.1
ML$G@T(@,06-Y9L92*#>E']/2Q(O;D=MVU9G%W]Q9KE_G6*2Z2*S+,DZ!;IPT
M2\7-'0BRK5,/D"R8;O6[Y+$[P0VL+:PQYX*BK(TI\(3UCICA1'$>XY5:==QO
M=O;V:K>,=#\1JBC]EO5*3^GWNP7+CAS?A%Z+BG1AGC4Q.[B]R*OZG(.6J(B3
M)*Q99E*%,C9YU(=9JN:(MGYQ@X5*N/;QQX<\O$158IKCE=E+/>K`PG-1DA>[
M:N>L+;S(4F^Q>G@D9*R%R`YV(69V6+GR1;N>,[&&KC3)!P``````````````
M`!&%?_#:^+IY#LL_-MUEWJ^.3UAG$3C;N[6&G,A;:W<?;0J5WAK/`6!4BKAY
M=7V>3_:R5-N2S#Q,DK*>NK=L:FYM;V5\+I[;I[2N.MU2+(/)*[2O=)U%T^X?
M&X\L8%[=#)1(N$<DNIP.;9!JWMZU0TQ*3,MN[%PI>W-;F[UW+(\Q2HIF=]&D
MMG6U61PEGZS@1=_%E^D-8;3RXY7R6FBA;'(Z]L56-ZN^K^G%U$1PMCSA8]$L
MS6DEI<9>%I91RIV4DKW_`$0Z;K\H"_CG'".:6'-..,_*;:1J<[B].5=CP6OH
M4A>9/$9/(Y/8S8NF+?-'1XBD84^3&:^1JGF'M35'2\QGD-K";EW,<#JNC;2L
MQ>XL=/NY72A>*RNRM:WJ^2T[2/'J#L,9C\(=XS(EK5$^6E%\K)?BT4!J9/M'
M)FB2TJV1!N9&<]];=)Q))]/W)S(UDQ<?::[,Z9%@22,T]6\WE%-+8-QUCZ.!
MPE<WPUWV?K@B"WE)15Y2!3=+6N3_``&G<#HK2")$XLC0?)FB9VX_KK2=5[$F
M3IHOBM;7X#7M<=Y2>:3"ZV-PA*E!RF98F:O4V`N=([$^0-#$U!#8:S5B0Y-E
M3QA)5BM0]NK[*VW1QFEMZK&]2\NT:/0JD3EZ$>X07=%9+!+?;9/4KC94#GM.
MSTJ$.Y4L,KM[40WB"X<4I@@VDNC)O(F!TR2[*YG`)>FB;LJ9"S'2*.K(K2R%
M<Z)/'K3IHO$$ADV9%$N@"M_FTBX7RQ0XM406-#2R+^.'*.2<FY3'8RV[&*U3
M)!RW>:22-U`P:KU6T.:MTNS@IW/.7&FR[8SCMSC&<9SC.>W&,XSG';G.<=N/
M7@=AB5RVIZXKCC409JJGJ*+HVY]D2B;QARD4]@[?.VAWK^5QN/I7";58I0V"
MWM\/F;NP3E?%V1Q:$5BHV(Z%2![:6AS.5ZXBU!TVGFMH5#&%=+8$YR6-W'P5
MLQQDJ&+KT2ER;^(W&^F:+<VXDX[8UR(6/JNO)2Z14XU8<4Q-<J\14F;';N63
MZVXC\*[1H6U*]E$SDM1NL5IKAU'.'\,-@T3=V29S1LB%CDRMML2=JEFA;:V+
M'9D0H-5T*:#GMN:9DKE\E02-<GEN6UGDY```````````````````````````
M``!QV8QZL8Q^KU?JQV]F/W=N?[<^T<@```````````````````>KU``#P92Z
MKF.-O[TV-"J0.+2R.SF@8D.=\+'I:WMZE8D:$F="5&^%+FH(+0D9T(.W\*HT
M[A1FW9IM#G#;ANYMKW@7>3#R,5VC-N9.OB$TKZ2I6#>J=]IAQSL6Y%;Y6\:C
M4;22B`MO'R60MK:G#)KPZ&+8-M)66S37>P'%BDK3;/CES1Y5I$:.UK,TBEC1
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M\Q>"G@I\@SQLMRJ;5#-(GAA)<4^KJVLSP6S2A$UI99'B'UF9Y`G8'QL3OS2V
MO!2U&3>$```````````````````````````````````````````````````%
MGXGQ]HR!S1[L:%5!6T4GDCR^[/DPCT+CS1(G/:4N:9ZE&REV0MY*O;:3O*-&
M\23.ANF9`ZI$KD\^/+4Y)^G>-4!1T.9=XW%:@K6/,!A\/4&,S/"X^@;-CJ]?
MO*F`[^))T&B?'D-(^Z]PW7&F-(LYZ%K&/5"<47MI\L<XZ4+$'5P?(Q3=9L+N
MZ2I#.5[DU0J/H5:B8MATE4-LGR<0ATR4^(%,SEZE&Y$^#5)U,ID2@HS0YZ<=
MU%9.M;5Z^R-OF#U!HB[RQH^",M4F<HZTK7]MRP*7A:QY0NZE(8O2?`ZR0/JI
MK\`>7X@H>70Y-X,Q>JV-H]PX[T.Z.D9>U].UJ>\0QS?GB*.F88P%N$?<I5*-
MYO)U;4L*0EJ$ADDF9FTM?]2S,%/$ESE]<"U#G_E0_*$<;^/U:^+_`,WU)U7"
M\HY&DEZ+,8@489-D,G;X\[1%M?D.[>VD;(W-KBC\]QAJ5)LE;M<=>'-D;_%6
MQ>J2F_0Y<>:'=V$N+N5-5@LCI,;TAY#(=!HWLV)HJ7(T$Q*CJ5)\'>!2,Q$N
M:FR4IV]-J4G3R)M0/9&A;FC3JBZ_B,/BL!C;/#H3'F:*16/H]&]DCT?;TS4S
MM2(O;<S5*@0(RRDZ8G!AAAF="],8V,,,,V[=]]MLU&``````````````````
M`````````````````````````````````````````````````TR_.K\]O?L7
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9>V<&9UQG^:NEL>CN:9[/176,>O.?ZQ__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>g960831.jpg
<DESCRIPTION>G960831.JPG
<TEXT>
begin 644 g960831.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@!#1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?15]!3D1?4%]%05).7T)2241'12Y%4%/_
MVP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_P``+"`$[`JP!`1$`_\0`'P`!``$%
M``,!`0````````````D!!@<("@($!0,+_\0`9Q````8"`0$"!@P%#0L(!PD!
M``,$!08'`0(("1$2$Q89(5%7%!4Q6)*6EYC2U-?8.'%WL;87(C(W06%T=GB!
MD;6W"A@T-38Y<GFAM,<C)"4H0EG6\!HS5%:4U?%#2%)B9I.5LL'3_]H`"`$!
M```_`-SN3/7)YKU%R^Y@UC6L]X?3%WH#FK3W'6EN##W54X4<F>3T.L<B+^,3
MK!+`C]JI$3(Z1'1W<5![^]P3>*(\I,F/#@3OHB9'N7WD)U>JC32CGIQAK1MY
M*Q&W^(-*7/);8Y$Q[CFS6O3W'5=&^."N[H;/7W+Q/6".2U2\E[F-5>U\_K(^
M;8LXC+O&EQC)&]L2@S"MO];FK*]XM)VJOC.0E[\B,]-B)\O)':-=\9R7&,4Z
MUV92FT@J>YN0T4:'Y\C];H9M*#4,H7U[%MK+Q#V0]6I?"M(4W'OV?D4#USX7
M#^-O"U!?,&Y&\B^2%A\`J[YJ<F7GC72#-+V:F:Q=F;31WMZU&AB>(FECC$]O
M*9R.;XY`6%_>DZ!/[99C2!G5-IRO9<_KB\3U=:TQ9,)K7E3:FMO\<CN7*^$U
M927CM.Z;XU)Y$\10ZX+F:VV6:M,=CGM_')&WH&R-/TQE;^9'WHR.1]V(;5!N
MLH\3NBKIS3D<Y`Q::LCK3<LKAJMQAL+4_=-'UU;/,:)F*&7^R%91!J9J,C!V
MKOONK)(-3)\;ZJBB32S2]()NDQU:.07+SD'9==<HJ\A]8Q"\:6-YK]/O9A9G
M9G?)CQ,*M^P:L4HIXI=7->C=[(0-[17LX-):LH3]HY,BW50U(FY0BR7D_CK_
M`'03Q&Y*3GCFP1:E^8,,KCE39+Y2=-<B+-IR.Q>C9+=C"4YF*:J)D2.QWR0J
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M#918KO(4\D2/*LQN2,_<T-:N>?6"L;@5*>LM!G3B='Z$98K.+SBG`.15!*W2
M:2/B]`'QZT=7^2\HT-E$KVBXE\(8'>5M:!CK=3#<ZEM^#VXLT\YCSM]+_P"Z
M&>+4;,=T<:XZ<U;E7PWC%2/,&RS*6IV*2Y@K7C_=]5,5O-<_E<D=[+BZ%*WQ
M.,R%O*E"+!.KT:MPMS&VI]0-#TM;<_VKUJ^'5:D-3RR-=]79"2./5:<L+3L6
MAJ:>['A/'SCG;R!2\U[:UVN)"]L7QUJD+`W/4E+CD;:Y?.D4887J2.,52LB'
M==M?+?U8./$EYG+.#U?0/D':5E,T9@$]E,[K6J\RVEHA6EG5(Z6[#;(DM@M[
M_MANB;R@2,T0;C-V?+L[SJ7QEG8VIT0G.CLUXD5]9ZL]$%SQ\SBCS8@]ZUIQ
MID7*>%4%<E((JSL"[*JCCP@C;O(:Z*53=T;MRXP]/#4=.(_)%\=G488=W!S,
MB2M0V*6_75WC3U@95R78NDW;\Z(LWB[KRTD?*!JDU%_J$1&>1#D*36="F6(V
MOD/N)^LY),:UK:'&GDN<?F;9%7A\L^5M#Y#GF*Q6/DEOFV;>,/7XXG<I;`XT
M12,4QR]KN"\O'";1F@+]N"GH_#Z2GU@UXT+7B65XW21OL21/69`VE-ZU!HZZ
MQPR&+GE&L:D$G4JD*_"6E8]?[B!:\^I&+1NI>72>"<GN1&_&WC-R">*4;V^A
M;XE:1Z<HZ\2>"S8R<Y7DPQC>FW9$L.DT?892MU4>S&.*NR-JDAK'\3K-=0FZ
MN%EJ=/NN:PNGC;QRB/*6P[OBMI7GR>@SA-X#7#37D!C<ICKH<E0V+6FB35R=
MW,UA.V4OY19ZMT:\:FE8)W+4Y_:>H`]TCQ7HBSY^Q63U#'2R(E8L^=+JZ<W'
M50\TWM!XF[F+R)4<W2*VEZ&+H=(ZY-[6VMNL\DDCG+O'Y2Y1IDW(0+D3?\U3
MUK.)3E97$VJJNB7(F^)3S0IR`7Y2_P"HS3RN4H=JJFUC$5TYRN;^S7MF<X,A
MK0S#M*[0W?6LDF+1:.O.VA[C(=6^/K\.U!_=!?$>Y[!I2,,-+<PHU7%^<B%/
M$V`<CYS3L:8:#5\C-')V;6NJ=Y219+G(%KU(CVK75I<V**O$>*W<4Z1U=6YQ
M;I$B9,<P#K<5)4$6)9K-=^47+ZR[3Y[<SN+%/L%3\58#$9H;+Z*D3*XIJ;;H
MA'[:4MCXU1EHF,?B,7MAY=&Q9,\$JY5839"$B%V7$9I3]>;B<X4%#K?9:IY2
MO]FSGE/,>%K%P]9*NCJ[E7MR1KO1*MGU=K8?K/M("@-A["X-<D?WU39&C`@:
MW5N(-<-7=1EM+\F?KV<.I#"G*1,E=<JETW)Y;JN$$>H@RE4S7><VY%M4.;)M
M)(7'X6]S1K0MFL6;'+V$_+YQ((>60\HU#:C*7;J6HQQF!K6:;V/7T*GQD/FU
M?F3.+LDFW@]DLJ>.6!$=GI`2OS')HP)7%W3LTG9\G>PGML)<UY2)P)/3Z*S\
M%^$S>X````````````````````````````````````YC^1_0BY#\@IKSSAY7
M,BJX)Q7ZA'(RN[WN")%<839K><?(KA%'"&R/5U9TBM`F(Q9R6&1TK.97B`+G
M9J,.]D-N^A6R]M<=TC>E._[[=9_72Z6W)754K]@@T:W4Q!T5*J<PQ<:7R@=7
M.2*3)'@RP%*M2[:293LCS'3C\$&HS#ME"GV47I_OT2N456MC]'>,7*^G(8W<
M@^FCQ_Z>/*EXLNCYA-7C8WCS3RFFF*ZZ01M%EL#>RO,DAZU2SJHA,SG)I83C
M=I%HLD"_4AN3Z4\C>'5C]-I/#&VG+NO=ZMF5=)&'\$+!CM6]-R]^3\=Y!*ZK
M;Y5'8*JI6PZ_?%,+H>^%9N$[/EINH][@;+$GHN<N+9(E)9;;O?54]`JV'J@N
M!-G22&\-9%R"KS@56W%^ZJ'YTT,_WY6,54L$QDMH1>:PAPKR>PY^C5LP%1-W
M>$2UM)<'.'35FP:VY6M:E+A[5SK<E^#TUM?IK/\`P$IFR(#Q_<)72L.H1UGD
M(JHUJA+!`]BF)DM=)7M4M$J3$Q)%+8<3*8]%&'$G7HH<GD)!9BMWT;<;J--V
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M,VN;EMII8;^J6@[':Z_8^*G,23W)#.8*J=6*H1R&N*PC[54EA_\`232_6&7,
MY0[1J.ZQ6.K-WT@Q!*ESPZ.4OY43SBDQ5"^\8^/]1<7VJA66N;F:*?L`WG53
ML;HV09<M8-3-R,%CQZ(I(7*6)$TQ]*SR>,GIX<H-D+^F3/JUX+3(L?W5T4;1
MEE8\YZ]CLAX;V\CYK<[K5Y;JFWE70MC3-KJ)LL*LDT$8-ZV70BRF!V8[?@+C
MJL>$4]3]B%Z;%)T<RW,Z9:M5&[_OG3/9+#Z4Y73!N*ZI]8Z%5QQ8*-?;V<R_
M"31P?8R2W+H_/=&MT='7O%,,F9V9>UQAQ?G#_H%I1QQ:^J?^4<\ZPUKTM^34
M[N=7R$YK<B*?GMBU[PBL'@SQ_:J)J:60"&-<>L=O,0R^\K-3S&;2AX?+(DQ!
M2!&;#XPL98-'D):[#:8N5*TIZ#?W@?PZ*XC\$:(X7S.1M5J)ZHJ(NJI)(2&1
M2P-$R1'9=RW0S#&I<7-4@1N"-W/1F)37%29W,[[>%QG?&ND1Q'1QYW13C+*>
MF57//>M&7IN2HB4P],X/W'Q^?^:D)H6:OZ]YDO'V/6/FS$M2/#,M;'5WBJ:P
MY%`#I&W,SN?HD9BTR1&U:ZNN'3KYJKNH1U3Z6X?.<:XU<;K*X'<)^(+%.+QH
MJR)Y!9!5Z.B5-2NBND)VTR6(-#E:-*1MO<VK+8LVEC">KD^N)8A9U2-M6;YN
ML3^YVV2.3*OI-1B7AC;Z-%Q9XY<7IFU<_>-,FOHF.'\;H6;7\;NZH-H?9,.W
M9)-*8V:47.JV>S#(A(5K6UG>WB-.1JE*WYAG2J=81>'4*LZ(7EK6C/S0X?T)
MQ6K]-4T)S#)%QV,I*F)%4;=.H6J+?U#5J<@]N$+[#&1M3-.L7]J$C=HXG>"*
M6Z:8<)^@_-J`MN)V?9%C<96=(Q<';BX2OT;XR\>7VNWJQ2[&7QPS?D3:%ES>
M>2^46-=<I+;71QG"F2IS6Q,X'MZ*.F91Z.:A?=]`=&6_(+$NF+#[4Y#5`^HN
MF'*N33+`EE?U5.&-5:=0W-2F:PB&9>5(Y^]E,5D,CZX/<ADJIFRIBZQJ,:V1
MJ2%+$BQX7W;4716D5:T/T@J7<KX8)!KTS+7L.P)<ZDP!W0$7,U6`DL%$I8&9
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MGZYE%IEV(C7*9.Z%,C>F3'Y9C(XH3.*HU1K[.U==2]L)M,?U[T/I5">*'`#C
M>=R&C[@OX5]4!@ZA+G+"ZY=4Z6?LK);%F61M5[>T;RTP^.N:E//B&K$I4KG9
M$4<V&J\LINBK0DFM)]$"5U-R`X[74IY"QY[2T=U%>>_.19'R*Z=4*B1-',R&
MLL6:J[3N)DL4%-SC`S&C"QPD1J-4D?\`11X!,U-FQ633M7>0G3%<.%29/RJ0
M\B)<V6VS=87DGSZJ>:PCA+>/*^"P9@Y75NW1N7U#>E-T7)%%IKX,H::^1LBR
MX(@J9]FQZ>6UK3H&=2_)7=NPEQ:Z9G+GEQPNYQ$V5`J&5*N9'4>O3D3'S>H=
MQ<L-EECA7L@K-MKR+7Y!Z=ALVB,LXU6,;)-WR0P9E?ECZ\$PO4F/NRHI*YF/
M[QU+<.:">>+/%J@^.LAM&3W4]TQ5L2KQSM*88/T?IJKC;:6B->5*94Y/*E`E
MWSKA*TMBEX=U#6S)6YN.=7$U+LL.V5``````````````````````````````
M``````&OMD\K..=/I5RVS[D@4&2MUAL-3*SY$^$(-"[)DK(T29JA>G?QG8^0
M9C#ZTR=P0)L'&,D96:R)\]K68L]:5GQ.I(5$$*DQQ9Z9244>G/*VP84<2<7J
M:4:7OKVXWT,+VUWTVQG.-M=L9QVXS@?%D$J8(L0WJ7YQ+;R'1Y:V!";N2I.U
M/=GE1[&;DO\`S4@_)6#SL9QE0=@I(GUUV-4J"2M=M\8ZA/("F[*]I\P6?,TI
MT?3F@AK,9_;%02H,?ZNCMTLN-SL(M"DVCG5\LCDR1;K=R"CVIX0ZZ;Y6G92:
MYDQG&,=F/-V=F.S&/<]&.SW<>;W,=GN>?W!;TJEL;A#&KDLL>4+`P(#$!:YW
M<CO8[>B]LW)&THS%BG.,E)4YB]>D),5'[%I4VIOAU1Q"8LTXNXNW&?<SV^[C
M^?&>S./YL^;/[X`*9QC.<9SV^;]_/9_1V]F<X_<SG';C]P5```````!3NX[>
MWSYSV]OGSG.,9\^/-C.<XU\V<X\V,>;/8*@``*9QC..S/;_-G.N?Z<9QG_:&
M,8Q[F.S_`/W/ISZ<^G.?/D5`````````````````````````````````````
M<]5]5A.BJ'=<0JL[MDW-2B^=-KSV#3NGXLR2'15(K`Y!Q6U8ZYV!'Y)(8Q$W
MVK;0I*4UVUN21W,+C,:\3#TVLLA:ZORW=%)O=-:VU<9G#-ID^)9'V@BQE[_R
M=:Z@M&7P)HU;-^,=PH-6%=(XK(XO+G^#$W6ZPS5N0)ENYZU>ACKLX$>`1*3B
M]$JAH/FI"6NAT[B[WV\*'^O>$SSR$-FMTNLQ.6V@P6Q.=^0F'++U,G`E.0KK
MEX:D,V9(N6FB4J94+$CRV.ZIG2ZIL6U_QLYYUU126.5>PS6`V(I@;0A-T;)S
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M=X4S&-S?9'A-\=[;(R$`````````````````````````````````````````
M```````````(X,QSJTYSVYM[IUYSV]OGXV\GL^?L[/W>5'F\WH'EXO=6OUO]
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M.>WS9+XX\G-<=WLQYLXVY2[YSGM[?/C.,=G9CL[<9SF1@``!ZZA6E2:E[*E!
M*?4XXM.5L>:65J8>;GNE$%Y,VUQN<;M^M**T[3#,]N--=LXR*FJDQ)A!)QY1
M1JK?8M,489KH8H,TTV-W+)TVSC8W?0O78S;0O&V^I>NQFV,::YVQ^O?T[^"^
M]KW\ZYWQIVX[V==<ZXVVQKV]N<:YVUQMG&,XUSMKC/9WM>W\BU2<XT\@H\HP
MY-G3505H9IL:1L;I@PK4XO7.=RMC"\X,+P9KKDPO.-],;:9[1^X`````````
M```````````````````````````````````#YSL[M3$WJ79[<D#0UH]==U;D
MZ+$S>@2Z;F:%:;J5JPTA,GTW-,T*UV.-TUV,WT+QG.^^NN?P5R!C0)F]8M>&
MM(E=E*-&UJ53@C3IW)6XX[6]*@/./T*6J5V/.B3I=SCE>/UR?0W'G'T]SB2]
MB]##2R]CM_!E:[[ZZ9,W[N=NYIC;.,[[]W7;;N:]NW=QG;L[,9SAX8GPN",F
MEX.VTV,U*SOK@S;33.-=]]=,Y[VVFNVV-=MM<9UUVSC7;.,YQC/Z@`````"+
M#JDKN/#U7D5IVPJVIJW>0MU-ED0/C'$[?)8_:F*N[Q'43?8%VN[Z[DGGU]7E
M-LZIFED[L)G]BR1*83'(9"%1]@32)M+EH#R8A-31AJY/H+PLW%HVYQ\Z=W%3
M/!VUYR_M9UHN]E1Q';"=CN:AE9[BH<%ET6CR38*R1S5]B*M?(),[&US#7M4M
M9'9D0N<GNT!9F;J7UK8^Y;MF<3_@]=[5+#5DGD+NU)$\+N;B44U-$9C[@\+H
M[$VXA<_/R]Q*BK<V:OKJY*71].<UF$YY,?7!E)6379W`&15FK1+N2]H5%RC6
M<\7%$>UK+,DSLUJVITG3ER0U*V]O]Y#`^4:I%#(.KEA6%<.PZO\`!(IL@CZE
M<V8Z%0````````````````````````````````````````````$2/6:N+@S1
MW$Y'.N<M70&^V9%83>DH*@;#*:W)BMWD:\Q>4QR`1P]EDJM/"-TB=$^/C@\R
MJ>%'Q>O&0E?-]MD[XSL9F>3Z3UA6-6T'QIH'F)=='732]1]!3J13^AYD@M!@
ML.EV'GDGO'9Z,BM`3<F22%ED]S<9X/(8W5-;KHLYNLN8D<=1XB62SE!!6LIU
MP5+/7B:_W,SRNO2P[O=[_ED[XD5K/ZYFDQ5%UY#I6IX?V7-K3E"6NRDB4M/:
M\_EV4!5A2F0+GEXV31AJ8FS#(BPZI'#:\NC6RK_[H^K.PM)]:D[D%Z=/?E%,
M7<JQ)H;(6&"-C+<5%1Z.5U54:3HFQE@]?,*0A4XD-2-&I='5_>GI\D#R[KU6
MAB?HR``````&-)_3%06L8WG6?5E<6*<TDJ4[6;.X+%9@8VD+#2#U9*#>1M#G
MNB*5'I4QR@M-DK0\U.08;KON27MK[IU55DIS!-E%=P4[:KL%XK78V(1TS:O<
M$HR&XK$&SNV[9B'@V],G0E^+OM;W$9!"73L()*+TO#=L;C'`AVW0(MW5*B5M
MJ9RV2)]EZ=N7GHE2Y`0MV+RI)1+%+:WJ%24LW5.I/0HSCB]S$J?8OX#+`H/'
M)!)I9'X?%F.430Y$HF$C9X\SM;]*SVTG9.W'R5Y0HD[D_'("-]R$1KLJ6;I"
M=MBT^Q>FV=<W:`````````"G;CTX_IP';CTX_IP';C/N9QG^<5``````````
M```````````````````````6/.ZRKFT&U,SV5`858+2B5Y7HVN;Q2/RUN2KM
MDQR/98F0R%N<DI"K9(H/2Y4%%:'93GG$9W\$;OIM8KEQCXWO,=B,0=Z`I)UB
ME?R7,S@D9<JG@"Z/PJ8>R3%GC9$F15'36R-R7"LTU5[>LJ5$Z>R#3#\JLF[[
M;YRF\12,2%6P+G^.L3VMBKOA_C*QX9VYS5QU]U2*F_5Z8U*Y,H/:';"%:L18
M<FXQ,MPD5J4V#_`J#M-QT4C"B2(9B?'&$Z6MC0N8&Z4&L[:9(D#$YJ4RUQ9D
M3YNFV=$C2O6(D:I:VIU9:)6I2)CU!!AI!6^GWP```````````!X[YSC7;..S
MMQKG..WW.W&,]G;^]VCD7YN=37JP5+RUOZLZ5G_"QKJJ$V"L8X,@L"C;1DDS
M3,1;4T*R2Y$]LUBL[8X..JA6I\(H1MZ<G<OP7=TUSC.NNK/E>.MEV8S^J=T_
M.S/;V9SQPN7LSV>;/9G]5GLSV9\V>SM[,^;(GHZ-?+7F)RIBE\J^7T@HJ0O<
M(E,%10M31T!EL";R6A^87I4[$OZ25R>2G+EGL]N3F(3TAR<LE/L=H=J;OOI@
MF:@``!3/FQG\61'Y6S5>]TNMSOVG*.QX$VQ>_K;KUAC$8@M'+FELCD+?BVUH
M*T62JM'M\4J/`;;Y4J5SJJW-W[,X[F->W?[\9ALSFKQ,H]#NH=-I8_UT^%1B
MP6.,L/%%^>(+)#T!#J1'YBV-56JUL8?#FM2F<BFE\(0KS$"@A9HGRG-+,V\J
ME=[;BG*^;TO-;FD]M15)Q]@MFM9LKB]<L+BV2!^L6:1=PT)/@,1BNBA'LW1Y
M'W"EI:C8LXP[?7?SZ=W>,```````````````````````````````````````
M`````````>._[#;_`$=OS9'$-U"3B$W-'D^I4GE)4R>RG)0I5'[X+(2ID\>8
MSE*H_?;.,:$)B"S#SM\YQC0HO?;.<8QG(YO^&G-M1=_,:^HLM<56(38*(IQI
M]M6J,^";$M8$F-Q25&EVUU\`LE44/7R=T*TQV[KT&^=]S-]==AW>=!W_`"7Y
M,?QIK']'Y0)_P``%-O<S^+/YAJ!Q(_Q3R*_E:<B_TNT$8W2'_#JZ[_\`K`XI
M_8>QB2)I_P`X=._Y'%6?VU6F-UP`````````````````````````````````
M``````````````!X[_L-O]';\V1PO=4"&-5B<I.8$$?E#PE8Y=-WEA>3&%SW
M9W;9K<(^P%+TR1S+)4&(_9J;PB)3OH3OL8B4*4^.[@[.V.<CB=Q&IN.<S>2)
M3,GER#^]OE]6JZN-*E9OAD>9%''56\IWXS*#_IY&N[NR4Y,;JETR@./29SL6
M;MD=[?0<\T6Y,8__`%36/Z/R@3_@``*;>YG\6?S#4#B1_BGD5_*TY%_I=H(Q
MND/^'5UW_P#6!Q3^Q!C$D33_`)PZ=_R.*L_MJM,;K@``````````````````
M`````````````````````````````#QW_8;?Z.WYLCB*Z@GX:W)K\IZ[^HF$
M0<<:?PT^H3_&2D?T1>!V?]!W_)?DQ_&FL?T?E`G_````%-O<S^+/YAJ!Q(_Q
M3R*_E:<B_P!+M!&-TA_PZNN__K`XI_8@QB2)I_SAT[_D<59_;5:8W7``````
M``````````````````````````````````````````'CO^PV_P!';\V1Q%=0
M3\-;DU^4]=_43"(..-/X:?4)_C)2/Z(O`[/^@[_DOR8_C36/Z/R@3_@``*;>
MYG\6?S#4#B1_BGD5_*TY%_I=H(QND/\`AU==_P#U@<4_L08Q)$T_YPZ=_P`C
MBK/[:K3&ZX````````````````````````````````````````````````\=
M_P!AM_H[?FR.(KJ"?AK<FORGKOZB81!QQI_#3ZA/\9*1_1%X'9_T'?\`)?DQ
M_&FL?T?E`G_```4V]S/XL_F&H'$C_%/(K^5IR+_2[01C=(?\.KKO_P"L#BG]
MB#&)(FG_`#AT[_D<59_;5:8W7```````````````````````````````````
M`````````````'CO^PV_T=OS9'$5U!/PUN37Y3UW]1,(@XXT_AI]0G^,E(_H
MB\#L_P"@[_DOR8_C36/Z/R@3_@``*;>YG\6?S#4#B1_BGD5_*TY%_I=H(QND
M/^'5UW_]8'%/[$&,21-/^<.G?\CBK/[:K3&ZX```````````````````````
M`````````````````````````\=_V&W^CM^;(XBNH)^&MR:_*>N_J)A$''&G
M\-/J$_QDI']$7@=G_0=_R7Y,?QIK']'Y0)_P``%-O<S^+/YAJ!Q(_P`4\BOY
M6G(O]+M!&-TA_P`.KKO_`.L#BG]B#&)(FG_.'3O^1Q5G]M5IC=<`````````
M```````````````````````````````````````>._[#;_1V_-D<174$_#6Y
M-?E/7?U$PB#CC3^&GU"?XR4C^B+P.S_H._Y+\F/XTUC^C\H$_P"```IM[F?Q
M9_,-#*,L>OJBK3E99-J3>)UO7L0Y2<C7:5SF=2%JBD1C35I-$Z?=S?I$]JD3
M4T-Y9R@@HQ8O5$)R]S2]=S-<[X[88>D5S2X?:<^>L&UYY4\=-G._^H)!L42W
M%W371JZZ=7.J&>.MQM3I"Y%N?8A"U^+V9DJB(ENY![IG1`69LI,++WF[:?-U
M#IW_`".*L_MJM,;K@```IG/9CMSV^;T8SG/]&,9SG^;`\<;XSGL[-_/YO.7O
MC'\^<Z]F/QY\P\P``````````````````````````````````````````'CO
M^PV_T=OS9'$5U!/PUN37Y3UW]1,(@XXT_AI]0G^,E(_HB\#L_P"@[_DOR8_C
M36/Z/R@3_@``*;>YG\6?S".ZMJ?AO(*A^;=&6&@*<X+<%Z<N:SER(X@E1@Z/
M3=Q5QUTV++4:[%X4)TSANK2&^;<A6G(/*WT,+TWQQ6_W,#T?)C%^IER@N3D#
M%]3&KIR3Z9T;%3'!'@M`_<ECU2]B+D36G.V4DJTD+K?"R7I3#<9RE<I]`7MN
M4;FDZ&Z=QK1C&.H;.L8\V,<-ZLQC'HQBZK3[!NN```#77ES2SOR*XQ7Q1\=F
M<EKF46?5DRB$2G\0D#M%I)"9BZ,RG6(2MI?6-0D=$*EADY;2Y;;)5!63TZ<]
M*;G8@\W3?^>M_<U%7=0+EEU+Y(MY"\E>6;O3_!-<Y2"YXC+.0-O.D<>;G0/#
MO$Z[JR1MBZ5+FUT)TES-(9>],BXG=O<&FOU38YZ&(W3"95_2SQCLQC';G/9C
ML[<^[G]_/9V8[?Y@`````````````````````````````````````8[>+7@3
M`YJV=V?<)7%#OH6J3^U[F=X+<PHL_3'A"$9A6_:4:7MVZ&;8QWNS.<;8SC'S
M/U;JQ_\`>7'_`/%O/_R\7=&)I&ICHL,CCC[8:-^Y):O/L58F\%NHUWW)QV*T
MY&=^_J7OGM+QMC'9^NSC.<=MT@``*;8SG7;&/=SKG&/QYP.6;F'TYN8MI<HK
MSL2"U#A[A\QGBIYCKOX\U\W>V#:8TM";11[!<Y.C<$O:>F/T\$K3$'8[G>SI
MW=M-MM)8KT3^7$+G=E61'N/2E)+K;5,*V=+SK:KU8G<U$91'-[/NE;SYELD:
M\)TJ@W0S1%IIJIVVQN=WMM=<B?3I*\7;RXS,-Y(KLA.(8IF#_!%L=+Q(8R_^
MV"9F9W]*Y&=^-N[KHE]CGK4VG<5[$;F^$[Q.IFFN^VLP```"FW[';\6?S#GS
M:>K'6'$NRN35.3OB=U%ID]-G*:\W;23U/PIM*P:^?&QZE.JAO<8U+V[!#>_-
MBDK3?=.XHL;I%1?=-3F&$[Z&;_O'.N1Q.AZF5+(KP"ZG\<5SB3J9K,5+)TXK
M2;#I3+UC4SL:N3/YB/)6SL^J6:/L;6>ZK<G+34#0W)=SMB49&FF=.$',*/\`
M-;F=<-F0FB^5U116+\9JLA)ZSDMQYFM&>W#_`*VG8KT<FC>\JUV(?<IT#@G.
M5Z(C<FI--M=C],:;E[[3)````U1=^;7&AG>7Z/+)^YFN<:?7F,/>C57%J/:5
M"_1]>>U/3;AT9(0X-BA2V.*8](IRC6GZ%GE;:X,SG':-6./<QZ>?&&2\BI?4
M;E)&20<I;S?^0MO.1]37&I4/-A2-F9&9=LD-UK(@Q$Q%:,QCDB9N^<0E>7V2
M.FN^53VLVVWFJKD=3=V.T@8:VEYCZ]Q5`TNC^TK(U+XPXMK:_'N"9G7&HY8P
M,1YJ5P/:G$I,<GT.TWV2'8SG&-<9SF\```&G/4%M#D)2/"WDC<O%B/P>67M4
MU6R"RX/%;%9WU_BDFQ!="I-)X^I:(S(8J^+G1WAS9(4<:)0/J';QE,:<G^R4
MWADIW*CT0/[H(ZH?5;YQ1Z@Y'4/$N+TG$XG([-O6:0ZN+?(D;+"&A/HTL;9'
M')WNAY8$,FEDW>8VT-^SJWN!937B0.!;>LV;-M->W/';V8[>SM[,=O9CLQV_
MN]F,YSG&.WW,=N?QBH```,/\@;G8N.E(6Q?,ICLSED7IVOY39,EC]>,R60S9
MQCL.:5+Z^Z1IB6NC*G=G0AJ1+%A+?LYI-U.B8PLDS8[)9>\"O&O^ZENG-RSO
MNIN-M*P'EU(+/N>;,L%AZ!33T-1-NB]X-SD]W>7#]5H_+;'6!K*72&1NOL<_
M#6P-CBX93G83>"WZ2<9[<8SCW,^?'[^/W,_BSCSX%0``#W/=&%7_`))<>HH]
M.4;D]ZTW'9`S*MD3NQ/MI0-G>&M9KH6;LD<6MRD"5>A4ZEFE&9(5)R3<:&:;
MYT[N^N<_'_OLN+GOCZ%^62MO_%`R1!K/K:SDK@MKBP(1/T;4I*1.:N$RV/2Q
M,W+#R,*24J]1'W)Q)1J34^<'E$*=RC3"<X-TTV+SWA?0``"F<]F,Y]WLQG/9
MZ>P<VO)'KM<FJ*OZXZ:C/27M^VH]5]B2:$,UFLW(^LHXUSMM8%VR1+*4+`ZP
MU4X,Z5X+QA40W*UBL],7OJ6<HV-QOKKA3_TC'EM_W*EY?.IJ+_P,)C.FGSTL
M;GG7MCS&S.)TSXD/<#G*&*(XA,;"C5CGR9K7QM"^E25&\1EG94B(K16H6-)S
M:<G/.TW1EJO9.=57@")*@``#/FQG/H$4UJ=7SCA4=E3NKI'#+G6O]?2EVB+R
MK9H[$5#2I<6<_P``I.;3U<V1*CD>^_G(,4(TIVVOGW(TSYA8/EP.*W_N%?/Q
M7A'V@#>_BARYKGF!#Y+-:W9IDRM<6E.8DO(FC<T-RXYQ]IFU\\,D*:'M\),1
M^Q70@OPAIY)WLC0W3P'@]=#-]J``````!3;W,_BS^81XW!^V7+?X:D_JIO&-
MAMMQF_P*8_PQE_W5:-H@```4[,>C']&`[,>C']&!7LQCW,8P````/'.F,Y[>
MW?S^@S?&/Z,;8QC^;`IX/7T[_P#[AGTA7&N-?<SMY_3MMM__`&SGL_F'D```
MIGW/Y]?SX$4=`<Z^$53(;C@5J\Q^*]:SI@Y2\I2'R%S[D/4T.EC(<=>4S4DD
M.\=?Y>WN[:<8G-*/+)6HR#-BC-#-=>[MVC/GE,>F_P#]X%PF^==1W_CL8MXT
MWY1=_<X>2<@HBZJENM@:N//&MN<WJI+)AUDM+:X^.=Y&^P7!PA[T\I4*S)6V
MIF$RHTH[?3]?C3.,;9Q)F```#UU1)"I.>E4D%J4YY1A!Z<\G!Q"@DW7)9Q!Q
M9A>Y9A)Y>VY1NF^NVFY>^VNV,XSG`AAZ.W2&K[I5-_+?:/'-#L]\B.2LXF\?
M<&Q(9IO%N/S.\NI=#5>:<>D*4F*HFR/+RX/AFAVZ,][>S]4V,D(R-\S2XSC/
MN=O\^NV/SXP*@```]!U;6]Y;'!H=D*5S:W-$J;W)M6IRE2-P;UI!B5<A5IC]
M=B5"98D-.3'D&Z[%FE&[E[ZYUVS@<;?0.Z%[CPJZE?4"Y!V3%3RX?0=F2ZA>
M&S@](SBSG:+V`C0SEPLQJW-VUT,-;J?E$-KDIV1&+$ACI(;%9N\4L9U11?9F
M```#QWQVZ;XS[F==L9_HR.!KJ3\9..DQYY<J9)+*/JR12!WME>K=7U^B;:M<
M%RG=A8,&*ERT_3.^^W9KC8TW?.,:ZZ[;[>YMG,,/%E#PNY-/MZMC%QOI$E-6
M-A^U$;,+@[3@]]@"U)E(RR51IMW^TU<^LTAWVR5H642@5LI&^N%&#=S.V7^Y
MZ*LK6K:CY'M];0.*0-"Y6K$5;@CBC.F9TRU21!"B23U)*;&NIAI16^^FFV<?
MK==]NSS[9SGH@```!XY[,8SG/;YO/V8SGMS^]C';[N?<QC'NY\PBOX==4^GN
M8W-[GYPU@>6W=TX3R*`,2:2I'8U=K9.CDW*VBTUS>EU3ZIT9-76LA55VY>"5
MJ<*E&4;AKO@I87IK*EV=GI_GSG/YP```4V]S/XL_F'#;S@_#%Y._EMG7]8X&
MK0Z>>A?^T#<?Y:_^'L0$WX``````IM[F?Q9_,(\;@_;+EO\`#4G]5-XQL-MN
M,W^!3'^&,O\`NJT;1````````````````T@FO3-Z<]D2^36!87`SAQ.IW-'M
MPDLPF<OXTT[))5*9$['[*G1^D3^[Q!6Z/+PY*=]E"]R<52A8K/VV-/.,WVSM
MFV/),=+;_NX>"OS3Z,_\#C8"BN(_%?B]O)C>-G&VA^/YDTU:-)@92]2P2L=Y
M3HP9<-F/61;0QB9LO.K/EV=,M>KAE1A!EQ792X*RK/[^PP```('[KZ#D*NJX
M;1N`_J1=5RN#[0GDFGI\`J[E:SQJMX:HD[D<YGQR"1Y563JH8XHV''F$LK2:
MY+MD"3N)M5.Y9>F-<8?^CGP;_O5NLO\`/'8/LB$@7`?II,'`=[LQ[9N7'-OD
MOO9C5%&I0W\M+K;K8;(AK%%S\N*6P=,AAL6RR+WK9^W3R`\PQ9AP2MC25J61
ME)MN;):```IGS8S^+(CYK]/R2NEXN1[;.3;G7S+%+YM6N8_%VFH*MD"9`PPE
M]+;&S)CJ_M1[JL5&D[;;*3U1YFV^^,=F->S.=LD_J*<G??H2;Y!J4_\`DPMN
MH9%=,:Y33:D;&MXZV(ZAH2$6BTK5\"AD,<6YZD%A3"*KDW>B2))HL1X0QQ-N
M7JIQMMH><=G&?-KG&\0``#QW_8;?Z.WYLC@CZQ47LR;WES5A50N3`RSN7SA?
M&6][DCDXM3<S-CTSQY%(7`I6U-KJNPYZL9BY(UZ%)<8PK5Z*-U!.$^,[<VO3
M`X^W%7MYVA*R7J&'PR!R>9T':+64\O.K@XNC442Y(7B,I=F'"1Q1-[ZA;CDQ
MKDK:5>Z,Q?K['+WVQIO_`$1>A)^U?R"_*;%OT(($\8```-<>7CKR%9>,EX+^
M)T/;9WR2UKJ1)*4C;R_,$::#[$<TOM7''-T=Y0K0,1+=&UBW$G6)G!<ET<B&
M;=K*.T4+2LCAJZ(71BZT_3QZEM9\F+5IB-YJF9^.=?<CG8CD!4DA=G"!V*D.
M7.$D4-S;-%#N\+6"?-\7G&Z9&F<'%<<U*$Z<@PU5ML/Z$6.WLQWL8QGLQVXQ
MY\8SV>?&,_NX[14``!3;W,_BS^8<-O.#\,7D[^6V=?UC@:M#IYZ%_P"T#<?Y
M:_\`A[$!-^``````*;>YG\6?S"/&X/VRY;_#4G]5-XQL-MN,W^!3'^&,O^ZK
M1M$```````````````````````````IG';C./3C./-[OG$)]F]%O2?VM:UH1
MOJA=6JD$ULV/*[.<*RHSE7'8'5<6>I@O]L'1!#(MI5+@8TLVA^,83$*G%Q68
MTUQ[)7*3/UXLSR&C_P#]\WUQ/GML/V.C;[A1TW&SAE85B6<KYA\X>64LL.&Q
M:"&+>8EU,]O9B4?BCX^2%*GAIB"#Q-6TY7N+\JV<]5*E>G-T)3^QB$IF5!A\
MDP``"F<=N,XS[F<9Q_2(X[3Z6/%&XK&F-I3-LL`Z5SIZ,?GXULL)Y;$&[@8F
M2I-MDC>07DE&3X%&3C!)><ZXVQMMCS[9&*&GHC<"F#=T,885-&0Q\<SGI[W9
MYVN:]WEY4:XU4.[ML@0I]G)T4:ZZZGN*W)ZP[7&,&'[8QCLW8XS<2*@XF,LJ
M8:A22-*WS%Y1/KUK(I(MD9VZ]O;=6I/LF.6ZZ[)2<)-,8W)+QG7<SM,S^NR-
MG`````````%-O<S^+/YAPV\X/PQ>3OY;9U_6.!JT.GGH7_M`W'^6O_A[$!-^
M``````*;>YG\6?S"/&X/VRY;_#4G]5-XQL-MN,W^!3'^&,O^ZK1M$```````
M``````````````````````````````````````IM[F?Q9_,.&WG!^&+R=_+;
M.OZQP-6AT\]"_P#:!N/\M?\`P]B`F_``````%-O<S^+/YA'C<'[9<M_AJ3^J
MF\8V&VW&;_`IC_#&7_=5HVB`````````````````````````````````````
M````````4V]S/XL_F'#;S@_#%Y._EMG7]8X&K0Z>>A?^T#<?Y:_^'L0$WX``
M````IM[F?Q9_,(\;@_;+EO\`#4G]5-XQL-MN,W^!3'^&,O\`NJT;1```````
M``````````````````````````````````````*;>YG\6?S#AMYP?AB\G?RV
MSK^L<#5H=//0O_:!N/\`+7_P]B`F_``````%-O<S^+/YA'C<'[9<M_AJ3^JF
M\8V&VW&;_`IC_#&7_=5HVB``````````````````````````````````````
M```````4V]S/XL_F'#;S@_#%Y._EMG7]8X&K0Z>>A?\`M`W'^6O_`(>Q`3?@
M`````"FWN9_%G\PCQN#]LN6_PU)_53>,;#;;C-_@4Q_AC+_NJT;1````````
M`````````````````````````````````````*;>YG\6?S#AMYP?AB\G?RVS
MK^L<#5H=//0O_:!N/\M?_#V(";\``!X]['HV^!O]$.]CT;?`W^B'>QZ-O@;_
M`$0[V/1M\#?Z(=['HV^!O]$4SMC.,^;;W,_]C?Z(C[MU(L,LB5[EHU9FFRU)
MW=RTI^^FV,-:#&<Z[ZEYUVQC.,X[<9SCMQG`QQ[!7_\`L"[_`.#4_P#_`"&V
M'&LDXA%+_#D'D]Y8S=W!I!I>=NQ*M[>[C?37.V,>YG..W&,YQC/9VX&SG>QZ
M-O@;_1#O8]&WP-_HAWL>C;X&_P!$.]CT;?`W^B'>QZ-O@;_1#O8]&WP-_HAW
ML>C;X&_T0[V/1M\#?Z(=['HV^!O]$.]CT;?`W^B'>QZ-O@;_`$0[V/1M\#?Z
M(=['HV^!O]$.]CT;?`W^B'>QZ-O@;_1#O8]&WP-_HAWL>C;X&_T0[V/1M\#?
MZ(=['HV^!O\`1#O8]&WP-_HAWL>C;X&_T0[V/1M\#?Z(=['HV^!O]$.]CT;?
M`W^B'>QZ-O@;_1#O8]&WP-_HAWL>C;X&_P!$.]CT;?`W^B'>QZ-O@;_1#O8]
M&WP-_HAWL>C;X&_T0[V/1M\#?Z(=['HV^!O]$.]CT;?`W^B'>QZ-O@;_`$0[
MV/1M\#?Z(=['HV^!O]$.]CT;?`W^B'>QZ-O@;_1#O8]&WP-_HAWL>C;X&_T0
M[V/1M\#?Z(=['HV^!O\`1#O8]&WP-_HAWL>C;X&_T0[V/1M\#?Z(=['HV^!O
M]$.]CT;?`W^B'>QZ-O@;_1#O8]&WP-_HAWL>C;X&_P!$.]CT;?`W^B'>QZ-O
M@;_1#O8]&WP-_HAWL>C;X&_T0[V/1M\#?Z(=['HV^!O]$.]CT;?`W^B'>QZ-
MO@;_`$0[V/1M\#?Z(=['HV^!O]$.]CT;?`W^B'>QZ-O@;_1#O8]&WP-_HAWL
M>C;X&_T0[V/1M\#?Z(=['HV^!O\`1#O8]&WP-_HBFVV.S/FV]S/_`&-_1_HC
MAUYO)U&_,/DYMJG4;:YNV=9QMJ0;MKG'MCCSXSC3.,X]&<9SC/[@U;]BJO\`
MV53_`/#G?0'3IT,]#"J"N+!I9I><W7VXQN7OKG./U/8CY\8SKC.<>;..WL[.
MWS";OO8]&WP-_HAWL>C;X&_T0[V/1M\#?Z(=['HV^!O]$.]CT;?`W^B(YO)%
M=-'WE=!?$LOZV'DBNFC[RN@OB67];#R1731]Y707Q++^MAY(KIH^\KH+XEE_
M6P\D5TT?>5T%\2R_K8>2+Z:/O*Z"^)9?UL8Y2=-?H\.\V>J[0\9>'KI8D?1[
MN,AA*1%$5\T94!>J7;=>]1HEZ.?VU'IHM19W5N"`@C356ESL9C"@GO\`RF+I
MV]%Z3QN23*-\=N%,@B,.,.)ELI9,05VCD7.3$Z*5!,B?6]_4M+&:0G-+4'%N
MBQ)N409H;OK@O;&V;YBG2LZ4\O86V4PGB)QADD9?4VBYHD,5CC.\,3PCVVWT
M+6-SNS.*EM<4VVVF^FBA*I/*SMKOIC?O:[8Q<7DBNFC[RN@OB67];#R1731]
MY707Q++^MAY(KIH^\KH+XEE_6P\D5TT?>5T%\2R_K8>2*Z:/O*Z"^)9?UL/)
M%=-'WE=!?$LOZV+"7=-[I"MDY;*Q<>-W$E#8[RD]GM$`6$QE+-G5#@I4?E8V
MQ,]]+D"Y)@A"L.RI2-QQ."4BHW._<3G;:?"BO`;HP3J3'PJ%4=PME\P2^V7L
MF*1=QA,ADJ?VG.RG=O#,+/)EKL5[6'Z[$.'A$>OL([&2E7@M\9U%WP_IC=)N
MP6]:ZP3BUQ9FC6VN[A'W%QB38QR5`@?6K?0MT95BQD>%R9*[-IAFA:]M/-+6
MH]]]-5)!6VVN,W7Y(KIH^\KH+XEE_6P\D5TT?>5T%\2R_K8>2*Z:/O*Z"^)9
M?UL/)%=-'WE=!?$LOZV'DBNFC[RN@OB67];'QWWI5]+2+MV[Q).(G&YA:BU3
M:AW<GB,HFY%JM>'-&RM*3*E6O*)]E.CPX(&IO3]_PRUQ6I$2;0U2H)*WMN'=
M-SI#V(JD2*`\;.)<W6Q%?AJE22($1J3JHTZ;&*2M6V0)V)\7FLKAL:C5EZHG
M/1*JV,2J=-2L[)SL:6_KP)Z+V\=E,NTI'A7O%(,ZZ,<TDVKG!]H_$7HTTH@M
MIE#UB3Y;(^YF''DE:-[NJ1*]S3BB]2<[F::[7RS]+KI3R%<J;&+B=QF>7!$S
MQ^0JT36P-J]2G897HXF1AZ-)2.1VVK3(=&=UV9''LRC=,-B_*(X_"-1X.X_)
M%=-'WE=!?$LOZV'DBNFC[RN@OB67];#R1731]Y707Q++^MAY(KIH^\KH+XEE
M_6P\D5TT?>5T%\2R_K8>2*Z:/O*Z"^)9?UL6GKTQNDYNVZO.O%GB[EHWDYL)
MT=,M#/HW;S`B2FPTZ+:+MW75+O(BI<0=%]F70W9R\8BC&35-ESTV2XMI7T^>
MC:A?)=&%E`\.D\E@+"X2F<QTPV)X?X=&FE(2N=)!*&/$@R[,#(W(E"=6N=75
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M>2+Z:/O*Z"^)9?UL8)9>G7T-IK-YW`X]QPX"2^R*Z)4N%FPYH2U?(IS!R4YG
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M`,[]WLUQC^;`D6```,]F<=F>S.,^;.,^YGM\W9_.((+SG%!KN?/'IZC5G<))
M3&(1=-PN5M0^J8]'VWE36,@CE$64PVY9-]VVT3E^;FZE(R8A7,-U1R8P6M,.
M)RZ"M3_/7Y0SEPN782BEW\2J=MKE]>5HR+AW='&J.<9J-;$3IPXJQ@0U47[-
MN%Q3U!0UI,ALRLBOK2Y&2N1KXFHI5R/F\:;HG'/91BR#5I'G,R:223'ICQB(
M,]'3Z61F8T^_.ER7[9]VSJ%T)/(=853TC,+'V8G+>EXN]P50='#%T0CB6.JY
MRX("D1$PLEZF=A)4"=#+TF-I&P```0==1:0U(]W)5D6BD\X>/MF,O(OBEI9=
M((8DV._/V1/+=9D3DD24U'.&&:FR6N5D9ASF@F)[@]50\X(JU+.?`SVNV9^V
MEK!Z/(>N-+QDW4+G=,P9*D-XM<4[SXW50?6\2:6Z83+DY=E9I["OE\BKBRI4
M[JOE$4A'ZD%8Q%6GRH6IYE);/:"593GH>7G-7"MPX]/W+"W7OA>5`#..I/%/
MC#'I2Y5$ACZ.MS;499';1,0CRDQA3D)3;2AM*;1IJFS<;WI!&HHHK9CE):7)
M$?1D2T@``-%N6IV=KEX(MTF,(+JM9R6?5\JPM.2$-*J<16@+?F%*D/FZE03G
MV$BL%B)DC'C0LW'C_'83OC&%!277>$CD&]$2Z1<M)%PWG7$2V&W'3[LTB!N_
M!F"[,!]:5T_WY3+C(8QR2E-<S:9)K-?IE6ADF?ZF+B<EJF1LC=#KX<8;`-7.
M9II0R9#2R:LE2U*N0V+TTK3ICB1>M:RB'S1P30_B;Q0N20V#QZN*,[4\GE3.
MBNZM3[CXKL:UAL:(/$;33O*""S=/#76/1.7)#)F9G/I\L<\A\WX9I%3,DC3E
M,*CZBDCD<59&1UC<>8>-CGR[C4XXG-B6,R1&S2*-1F+MD[T9Z2:GMD:G9)`G
MJ2H5#(P&DKX^RSU```,:W,IG**HK165BGV560DKJ<*J_3:$$*MU$W3Q9V.B1
M.J93G"=1L;(=&W34D_."3=ML:&YQIMMD<Y]NJYFMH+B8ZL_&BZ;`XY4@R=.:
M:4!)(,ZT2XQZR;HG]XT*^V#;,S0R&[XA(B[(9DSF\5G"RGF(;%$V/8UGSQZ>
MTR=8R2>/;-6K)*8L#GSQA\39-P\F:-'=EGEVC3M6Q"+F\QJZF6M$V'%+8D5_
MV5$I]-6/-41];A;"KOA[]#(,G?')PA#$Y6)*36I-$)E(5TZ%TD<>$W'-3)37
M=1MFO$J>,+9`5J4]N5;(G9V0U*Z.V==M\J'!TJM-#'!4M,WW/7FJ<K5&VQZ@
MS.=U@```:&6BD3OW/?CY'IXF;W"#?WM')MW@+2\EH%#(XVH9*:5BLK/.1JS=
MO9L@0TS)Y(V-*?=(<7M$919.N<&$&+M=(\R(\S2&BI_S1K^-M,5F'(OFAQ*W
MXH-T;9$T;4ZT_4W(:+5)2.Z1GU):RE:"WHG);ZN21F;%YVQ65Z/B=064D:M]
MRY_=/V./1V[=G9Y\=W&V>YY_W>W7L\_[H\@``%-NWN[=W]EW<]W\?9YO]HAZ
M<)/5[(]<]G>][`XQUQ9"[EI7L&KN4<MD$8?:S:VA@X^5I,Z!:4K`[SV`F.J;
M5G<+BE\92MLQC;QI.'2RG1*JQLB=B-H9G'Q?-J2+LYT[X4566Y\>>>S;B?\`
M(B!:I^)M^1VQ.3D]-6E]/J'/VFB.L3G@QM+D;3LG6VTW--<S:MS%-4<G6U0T
M3S$\7"%?H?=UIE1ADGL5AKIQ,X"2V50RQ52M;*87=KQ!+19GB.2Q6LU3*S;,
M;Z2C-%M]D%KT:=9DYLC+@<0GW<LZ;2>@```T?Z@$D31NA5*1AC,5DMV65)8[
M1?',F3QMLD>C5<MSN)40C\J*3N3:X:$M=>(#'6UI=OILDU\4*^>C#E&FI.F<
M05\I:XKBCK,L6DH@Y4@RQ&HJVX#5VS4I;K,4LYA\C6.H'2.OT7VZ?LIP@]EQ
M)4ZJ-S8J:<SQ.W3GWD,SS-8V%4-)52RT7;JRTQV:]G_YM\_SYWVSG/[V,YSV
MXQY^S'9CMSV=N?(```&NW+:O(;:G&>\8)8$?1RN(/=93'9XC;G[(W:GG1J8E
MSRD0NR0@XG1T:S'!O2;.#,MP>UO"70QM=D:UN4J4AT'G-,RV)7T^*VB3AQ_M
MNPN/,(Z=46MATDD%=*BWCDCOI+429%7[;8+#,+3A<M\3:.P@*MP]O;XM)DTL
MGKE7B]"7L96KHUNO17$GM;)(TQOSC%Y!"5[NVI7!9$97LP;R2.*%1>#36=\V
MBK]*(WLZ(-LY(6;,<B>FO8[7;*-R5DYU-VN$``!X[=G=SV]F//CLSMCMQWLY
MQC3MQC..W]=V?NX_'@<8,EE_#9ZZSU$2%@EG`BT.,,1I+J;2RUV_B36Z2%/=
M!PM[KQ9BW95U.'Y(X31KM2&2AR/L!DRP/V:N48L26;REPB+UDTQ6\8SXTV!Q
M#KFTNLOR/N6!\$>8="T=Q:XI2UJD'#RDXVT\"I!-X0BL)NK&FD]8/V+/B:_D
MRJ?W]@8DL]163.S$$9DB2/H"X;J4Y,XZ-.BYP^>.%_3]J."SAG;&&Y;3523D
MA?C2R,R*,LK-<=[N&LWDL2:(NU$)66-M=>-:I@K=O9V-*E:$J6(%Y1D::F;=
MLK```````#TBVUO*/4J2D20I0LQV*SRTQ!9RK'9G&,*3-"]=U&,=[;LP=MOC
M';G/9VC\]&=J+2;H-&UOT0F;;;F(M42;5)OOOGMWWV2X*P1MOO\`]O;)>=M_
M-WLY[,=GZHF]`VE;$-Z)(A)VWR9L2C3$)2MC,ZZZY,V+(++TSOG7337.^=<[
M9UUUQG/9KC&/<```!Z>6]#E9EP]AI?9V2_`Y6X3DX5Y)\W_)94XT\/DK/9CM
M+R9W,]F,9USC'8/9T*++[_@]-=/";[&;]S773O&;_L]]N[C';OMG';MMGMVV
MSY\YSD?FG2IDNN^B8@E/H8:8=OJ27H5KN<=ODPX[?73&N-C3C,YW-,SC.YN^
M<[F;;;9[1^X``"U9C"(M/V<EAE[02\M:9\C4E2D&G*DQB.00Z0MDKC#RB5H5
M"5:B<F.1,S8[-ZQ(H).(5)"\XWR7L87O]Y(WH4&IFB)&F1Z&F;'&Z)2"D^IA
MV_9C8W?4G3378W;&,8R9MC._9C&.]V8QC'Y99VK8@I+LVH-DQ"CV42GV1ILD
M$JN_L9[())R5X,H_PF^YGAB]=3._MMOWN]MMG/QTD*BZ&8/,^3-!&DPD#`P1
M9V?MS%!RU3'HNN?W-B9],GG&%)6]"XRA_<,)T92?10M=%*M7A0?DLPNZ0``#
M..WW1:4/@D1@#'F-0YB1,+!AXD+\6T(L&Y0)G.4R-SEKX:C3'FG%H2%<A>')
MR+0(\$-Z`Q5L2W)4B70H@O\`610J+RMCE$<?69(K:)FRND=DZ<O&Z$YX9WE$
MH;G)$J7-VZ1PQJI1*E"?)I2LI07J;ML2<69V;X^XWMZ!H0(FIK1)6YL;4B9`
MWMZ%.4D1(4*(@M,C1I$I&A9*=*E3E%$)R"=-"B22]"R]==-==<>X```"U9%"
M(M*W*'O#^T$N#K`9%O+(>X9.5)E;"_G,#W%E*]$>C4)S/^>1V2/C*O2G;&H7
M!M<U25:F/*WUQK1[@\5D;A#G1[9DSBLK]]-DT/V/V/\``L;^='WJ*Y=TJ,LW
M1'NO)8)$]MJ10H3G[H27-7NB]CGF>%Q=8````LO:NX7M+7F<[QY!O*9%'H_%
MGUS,P:9[;L45<7]VC:%Q0F&[-JO+&NE,B-:U9R/=<BT>7%,0JU2J=R,W2<@1
M*"R2E"4@\M.86<1H<469J0<3_P"I.)UWUVP4:3_]B:7C4PK'F+VUP/A1N&1F
M)*I4MC[42W+)O)U$RE:O0U2>I?9*I:F=BW=5YZL]0:8<4QQ]C9DA6NVB9"TM
M#<W(B$Z-(23I=````/#<O0S.F=]-=\E[X,+SMKC;.F^-=M<;Z9SC.==N[OMK
MWM>S/=VVU[>S;.,_D:C2GG)U!R<@U0ESOLE/,*TW.3;&:]PS9.;MKG<C)FGZ
MPS)6VF3-/UN_>U\P]@````4SC&<9QG&,XSC.,XSCMQG&?-G&<9\V<9QYLXS[
MH\,E%[%^"R7IDON>#[F=-<Z=SL[O<[F<=WN]GF[O9W>SS=G8/T````'P446C
M3:J=EK='V1`L?]]S'Q4B:6Y(H>3-^_W]W4].F*-<M]O"F=[9=NHVSW]^W.<[
M;=M6F,1QA;O:AD869G:L'948;&MJ;VYOP?MMKOL?A"B3$)<'9WTTVR;@GPF=
MM-=L[9SKKG'W0```````:WW5=LF@TYJ6HJWA"*;VA<'CTZM6DCD"N)P>)0>L
M6UC6SF:RU^;(_+'K<I(OEL,C$?C[%''!Q?Y-+&LE2J86%(]R%LP27S8EJ>)-
MRQWHT]#-8WS%K[A[=C)K/D68O`WR>S*N8ZT6!#Y(ICJ9ZL:+2"/VQ`IK#T?B
M?%716VO1[9+]8:ZM*TG:07&>W&,^G&,BH``"F<]F,Y]&,Y]'N?OB)Y%U3H+'
MK)L!@MIHB<8KZ&R3D%&EDC@DQ?[4GT+64CR(C7'&.;VQ5$<@6)#&";TE\L9R
MZKRP*9,K<'C<Z/;(%19)KX3LJP\TZM5/2B-+'%^D$O=)C,&B.5[`JEN-]L-H
M9(.PUHYRQ1/HIF'[N4>.AJRSXHVR]\.)2Q-L>I5&XD4Y'RP]4UZ9(K'E+2-P
MS5X@$`EQKS(6MN?WM%L;'I(ULDOCT4EVT`E,FKR2NK2BCUAQJ-S;72,/C[#G
M)Y;6YT5MFIY^$KRT*E^PH``_%1L?J0=LFT*,4X+W]CEGF;E$;GYUS@G4XTLH
MXPLG8SNX-,T)-W++SMOJ69MKC3:/M#U`X:3!*"F<QC7B-M8$=N257BA?'E7X
M+CXT<=B54-NG#@>3'<KIDXQWD"LAM)1UI2M3&XS1TE9#JRIME:8J/KO*9=0B
MK8[)HN03NO;(HSNEQ);^S.(=/X;/J?05=0#E?B9>OKY[CZ"3J"I#%TJ5T9SR
MFA8D?V0\\Z.G."U(J3I\QV1S+H*K)2I@LED4H73=-+<0?Q0AM9V3/9`HDV*F
M7WD:W(V^&Q5[W4EIZK:G&6JG$O;+6F(2[-ARW1[-3-A]H1SJ"<7Y;'O&2/2^
M5.*9<DJMSB#9^I5::&268RWAF6?J2/U4Q=SAR)_LEBGA4"G"UD=HBWNB/#5$
M)&].)B!G:E*_79NM;)A-OP6,V57+^EDT+F#86[,+RE*5IL*$VYIJ<XE4A<$Z
M-S:W)O6IU3:[L[JB1.S.ZHUK6Z(D;@C4IBKY`!KARJOG?CC4Y=C%H(NMW5V5
M3-<:GS>6[0:&L>;=MF'5?F4RB4:M+WLV,<6UEF7]?G#?M[+*;\HLJ4.%&5I&
M`X!U%J?7U+%K%M,S$07.\8FUAO&E?(YM<<):J9AUBR"`(.1^TSC4&1'MG'2P
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M)*X.?G6,-CVY,*:3.$6D#`Q2)4SN+@SNJF*N#X@0:2)L;WEJ<FE4Y-NIJ0MP
M1G)_"9SC7;;+P`,'\D;DSQ^I&P[BUCOC7M!&0MWUCWMI[2>VN3'1N;<)O;3V
M`Y^PO.OP;X;V`I_]5W/!_K^_KAA3U".+"!=,4CE-I(U)8,MMQO>7]TJRU&V*
M*5=!VJVTQ=14>E"V&$,4HQ5T]=D2&9'QY<Y)6MHU<Y7H>IBK$_/#9<,@YR<9
MXS*W.&NE@*,.\?EYL*EBA'$)JX,4*<R9%&(9ESFLD0Q\]ABL0WFTM:X67-WI
MP21'>5HY4R8><*H+-\1[&\KZD7'9HKZX)Q%M[!FI]4U=R`M%*R)ZLLZ.:6*W
M\9I.?`KA;:^D,DAB%CDZF#3_`%11>4J&90XDL>CBFD1NJF-XW<\9++YK4,4^
M,$;>'J3,#N\+ZXCKH8[5_/4T?@\\MJ/-<FKRM+#EQD;UC$$L25MCXP>TT0E3
MHTO*E9)X:VF)2'.;1%$]_%KSG[Q?M"+9F<1FDD/CRAMIE\8E3Q5EIQE5,8YR
M#G.]:TY)H,T2*'-CS,H[.IR4;'6IYCS>O1$J=,*W`U&V'I5Q^YO_`)_\_P#G
MS_N``P+R&NW>D(C'7!JBJB=SBP+#A-35K#"G31A3/\ZGKGLB;O;N1FH'72.1
M5@:TCU+I@^EM+TX-T6CKN:S,$@>\MK&X:^YYSM58S:0U/R<AZNO;,22*HV:`
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MO]?V?#8W/X2^&MCLRFN\4ES0D?6!R-9WY"V/C2:L;%R8\QL>6Y`ZH-]]DK@B
M2JRC2-+\`!JY=%S6=$[<J2F:G@<$ELGLV!W38&SA8<^D,%86M#3R^HVO+1A1
M&J]L)P.521=;*+&'#9NP2RI6=4?["=SE1*336:,<\;3M;#VIIOCRV.QT!H=O
MM^PX3/;,50^?:2E);M^TU.JAB&C3`Y9$W631>5\=YFB99`\/[)%Y@N7,6F5D
M<952E_1_.6=36-*[[IRL(O#6A7"[5I2J.1&LDDL[)C$U04A9;',G^06[O#,L
M#FPL5>4BACT<S;KQ/YW#5+<=.F-*QHW)8I8")3L!GEVG_OM&_CIK!%1D'<&P
MR+EW3H]YRV:\B,072ZD]&:QO++C4]6HH+PUGXE9$B,3%YT*CFS3E6?JLUW-`
M`&O_`"HO#;C;QZMJ\]6)#)-JRAR^4:LKH_9C#6NV2G)D^-720ZMCSLRMA.56
M%3BY:M:_9(C(/-PF,SKC&,(9YNU[#LMJFSY]6*LAR;86D0HJ.*L^Z37R5V7>
M3[2->(HPZQF$;HG\J12QL)B9[6@2'/+'+BW++Q[%C9!#P;D-3S/HA)7<>MA4
MZ35-7KW(G^).<F559921'`)'%;!*JJ2L]JDJHL2NK%:PV#N9&G4F9I&G*0]&
MY.6_:R-:]T3VYCJ`\5BE\X2.=@NL>15^FO,]]DDHKJRHU$%AW&J<Z5K>39%I
M6]Q%$Q31ZKZ<')XZO9HDN>7-X7J"]8NE?=,';$^H^\XJEB+P2?,G&2Q)E7M%
M<)VJ&O\`35W(+D7RRUK:6U%`$Y4&VA)B[=KE\M)(CK(GU1>W6KK[)<'9.W1T
MK5Q'I2;J-<4HC#L3EZETWT8D4=E\LEI;=3%QO+]6T<@-D.=03)UM*+-$&622
MNB(_9;'((@L+E;6V*#%\:E"M$2K9XR_.;=O/C.,^YZ<X_GQGLS_MP```C,Y4
M\T[RA_*"M.$_$&B8'=7(684O+N2,U<KGMI[I2GZPI6+2UOKUM<G23Q>N+5E4
MBF$[L!PTC$8C3'$]BD9:1>_/K@E:TVVV-7#.M`]F5/Q!L%%PWL++M=_.-KX#
M<D6U?9D$2Q7B->*2^$/'B9L+S*$^BQ\MI=K.%N7.N=87"$C'+X@D6N\ID=>.
M";=EVG6QGM_ISC^C/8```````#`%ST,FM1_K2?,<SD=:VA4;F_J8;-XVG9W7
MPC!,VY&TSR"2>.2-$X,DAALQ1MC(J<4>Q;>\-S]&HS(&%\:G%HUV48#I_AFZ
MLM+>(MR3K>86:Z<IV7E'8MLQS&42FUIY`;FBUAPA[=(VY-V6R#HEL3KJO8*O
M@,:RO9X='&$IBCDE=]DI,@4[]X\V,8]````&?/C./2-3S>(L#,K"45=H]2`A
MNEO(PWDFZ/)!;,6];RLSD\AY1ZLF3=6W"<YA)E:`J-$Y4D'.A<6VV+U78<^Z
MNQ9.>%":/VPZW?6=O3:"V$^R^T'M\--9(?*HT[QJV#*L<'Z'*XZ\->G<)9)!
M44:D$2D2-R1R!H5K9$@6J7=F>-VXG[/&?A=`N+LDDKC!5#,:PN">0M\90G5O
M7K?,8VS2B;KYVXL3C;#2R);!F[.D<%:9M:4LJ=%9A34S,V[N>^/B++X;N:``
M*9QC.,XSY\9QG&<?O9]T:"OW3PI^2/O*9Y<9'/2M>3B5BU+1-CFU-Q=*NK8Y
MHYD[2"GSBVDPQK=I;;38U7%*/&762-SM.VX@Q4@.8MCF8RW97TYXI9Q4W<K<
MN"RYI.++060RS::H44)B:M1'Y[Q]?N.:!CCK,V1Y0R1M'"HK)Y!*&`PM,XJU
M<[?G=V?CW-H.1,+?<\+X+HV>S5ER3NZ+"LNQ'6=N$]<W)S9X-'&?9:MXX(^-
M.C0WL4:849#<S)XJCVE&"O9*I:=,W!S5F+?:8],S(K6D?35JA_C5:,QDH?U3
MA4%6\7*T@J^2L,,F#25IQ7(MQLC#W)8@^LIT<E1DSCEUSB.S5I<$Q;=[$4H'
M2+9CDB:T#PFW?JJ`(*LKJ'U\VX:,I8JQI&KPK%$XS!6I4H+[YRY<CB,.;VN,
M1_1P7'*5V[:R($R$@Y0;DO3.VV^^^0``8KMVIV:X6"-QY\<7-L2QFTZ?M=(<
MU>Q/#J'FF[-BUHL3<H]F)U)?M8YN\41H';P6FBO+<H4^PE"95X(\O2=3TV8J
MWH9>PU_=-HUS%;#B%BU'-8ZQ)(0X)%-%6#94WM!-6$9V?(XOQ#=:[=;2M2-U
MI*F<G+S'(//5D>5%.YD9@KG&+"+Z=".P9[RQE$L4.,`B]H3JBD]30;PD4G<;
M98G0NT2>9"K>H@X(G"/N$.Y#S>*LR^QJV?7!UVD###XJ\/:IBEBI4WLUZ1+I
MD0"%5F_0%DM:P_;)W9*Y2)9:H9:X)4-;_5O+FTN9D5?DT898DS1#1-K9]I.#
M.OC21H0,6\):&MF;B&Q9E2Y[_;6]."KS;%;K,3O*5P?CI+/'>7IYW6=8V<U2
M%GGG(R7<E3V9J0S>/.FL*7,$OL"<,3!)XX86[^+$BR6]8>7QBC+TS9XX_P#&
M5!1DRNRP-IDX2B37K(V"22XE/&8G!8KJ[1Y&ZHM)&3$X:W(&Q3/902[9_5`G
MJ_=0_3/#/&"5^2$T=;R-=H@`8EO2H62^:GFM22)S=6=EF[64U.#DR>P\.B0D
MIQ0N6IB/*].K1^%R:@++SX=.;IX/??LUQMW=L8'6<':O=B6-O?G:2O;(UF<S
M]%[(NW:L()`V\W9L_36S&AV\`@*/]@LITA7-,8]B&$'Z-F"_;8QP5XV/VPW%
M^F)6$054P\)IBYS64UQ#V>&SN5W'`ZPMQYN$M%;CO=SO,7_,JBVZ2(V1(Y_+
M;`<72809.S[;DS=?I[6&*H_#5L=R.LX!UHXP)!7BR83S=F1T[S"I8Q46>PZ.
M:F.\S96R2N?.>Z@QF.)U?(TJ9"4T2/\`8^Z34@\_=[2.I^=-\>@=P2(<WA;N
M_P!USUSALTF=.6O;U>D,4*;H]9%N4E&(''(W+<+2VA1((:RR`^J:MD<V@\9=
M26-Z?H&V[MYK(V/DR;9+:!W"/8F[."1;68\YJOA?3!\7=)&[/#%A5<+E'8W%
MXC3D8E,;;4FJMP.KQ]8%ERY?=](^TL\NT8TL?3O.KL^IV*2S&,8QC&,=F,8Q
MC&/1C'FQ@5`84OJCV*^84CC#F]OL0?HU+HI8U>3^*^U.THKZQH*ZEO,3ES&2
M_MKRP+S$2G4]`ZL<@9W6/R:..;W&GUN5M+PL)VT@M#@I8\AGU26FQ7?,'.YT
MG)&N+"L&W%C?#V@J.U/4M)<CX?!ZVB-=$M.\8.@Y4ONAU4/[$8<IE+^HL.9/
MQTM2FH(^6P77#.FW6$`L*$V0Q2'+Q(6HF(GV`ML2NJOL=SGLEB5FSRW2YNUO
M,DC!CC5TN>)M9<O6.2ZO#&I`F3&,.C`V,BZ,M3EI9UG=*JLK*K^EZX5VE8"%
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MJPMT]MZR9#*-9_*6-U=8Y8=@RR\+`=9G,6EOV6[N#KJZQHF-.J=.L)QW;W2F
MJ*U6R1PYIG\LKRJ)(\UM*R()$X[7JLV+OM5U#$**86J(3=]C;E+6ZLI35$#C
M5?6C6#@O>6&P8.?,8:N5((S/Y8V..8M^GU39I:60J5DD/MY/?Z'DL9<9:_"2
M6J+-1SW24;G^UVN#XB0TJ83KO2.Z+Q>/W)J(W,<U/-/+T6YVMJ5MLIIK>'(+
MAD$=D]GDLB;:</,1;#6B+*)$?L:I7D1Q"IT*6:,3=N=JV-1Z\DAQ7(D1*]Q(
M(7*5!6F10`8COBGV2_:DG%02-S=6=DG;/JS.+DQY1X=4A&J]$X>$19<$RM'X
M7)B$LO/LA,;IX/??];WN[G&++,XF0NT+=8[>=I'*6]\83*7,3MC;AJPT';4G
M;<@N!A\/E4W'JL^VSW(53:\^#4ZYV:R2,(O8JWPJC?6JX>EO6MO;EZK[-G+6
MD.D5POZPG>/US*#4!MR\D3>3$B.A)TNBSP77[\9(SS((OE\<3E25ZK/1`QK%
MY3RRL4A;,GSGI^5?8$80Q5YF%@)$;<NY7NR!>S+F9N=V][Y66_F[G1\;UOM0
M>6G<ZSGI+4Y5_DU*J0[Z,Z--+4$D2'+TROZBWA>3+9I%K*LZVI9,Y[&E=1';
M/"*.Q&)H'4FF+>?;ABY2UD:T*A,2:N>9`L:WT]"<GPK;="MT9"!7C8[;4'E9
MT_9Y(H[:4%X]/EC,KQR8BUO0VRK`VEM<(84V,=K<DY7>YS;+X\]-:B7Z(XDH
MN&V4D9>*R;G&2/<:<5<&DFS>N<F"P(E,]KC.,>?T[9_FSMG./]F<=O\`LSGW
M14``1X<M>"#O>=M0'DY0?(>=<1>5]<UU,:;;+GA$,KJSFZ55!-W9ME#E7%BU
MK:C(]1:4L+7-65KF495)C&9[8'TI8:E<#4[@>F&`Z+Z5R!KX0\4>.%W2C**S
MZ-Y15ES1M*>U=(ETH3W1R5KR\EMYR*>2!\L2)M;X8AN.9';/<O9=69`?$D[D
M9#HDZF-#"U.JB8O'F_V_[<]H````````````````````````````````````
M"%]7)V>*<M.H)*WZR*3KB2154UJ8+,)8A7S:\H8TIN$52.>SU7-8F.!6)M!$
M,DV>7%QB3&G+4REVUE32C4$OBW105@APYZ\G3D,$16Q:,,XIV@_5+SGL"7U4
MZ52CF2F)W-1#MQN0TGQZ2O+P>;F2DOL>LXV;*UC45M*KM3S=%&JK71MU9$QI
M-S2SFYS4U1<DW<C%85C8%8U->CN30DUWCR^6,>8CQDBE@5?8\.@NN$=IS_"N
MXWLTN9[+G`VMUE<'*X\SJV2>Q)Q<7C)MM<F.0M%[7(QS6Y6A[8Z5O.NM5KRB
MC-602\+2J^7<=VN<2.$T='I6W+ZUL&Q8Q9R[5R:H62PI);-*_.-@3-)BK'3M
M+[)LQ\/N1E^7)>D[:+!=Z\:&%MS>Z624NL>XNDMBK7*"7>G@]0*6V(MZ1+/]
M8K+ZR)4R2;/EFD;D/+\_0M]K16DB3QNSZ2@@`A4LVRN14<Y+\AXC54Z60EI>
M[3M^5+W5=!TL]V]B5#TZ^(LK@[!&B9)L<R,+4YV3*')9),I$*D]]2DOS.V&,
MS^O\8VK%2[F=R>B"FAH_:M\1"!L5T2#@P_S*V%E+L;8GKULY*T?RYG%GP2/:
M.:Q?&&%F9IA0T);X3,;$3RE=`$4E7F6,XS=-J0</LMW/Z^/&#BQ'75UT(F$J
ML.B8S*$SK$&*(1&\ZHN7D]8=-QVUZX@B]B>[95N;O3\8:[B?W5FE$/K.KU+K
M'B'':4I7_:/)/5A/(;EVY4ZC?83)H35[5'N/'3%;8M!F2A6;=A;9_P`MK$B<
M5M:2[MV5B#!4<KV**E&D/K]BPQ(6)Q5+%TA<G!N3-[4C^C)>57-^JVVR)$E?
MD%U+&*6<_*RA<$5U"@9%#H5QL@[E,*=F2Q;#?8CJ]S5X5LCFGF2)F3((I/&L
MY(UP6$P^0DZKW7[J7D#R\FAS;'H3R$K%=%\POF9.V.T(&P57<TBD**FJ]XTK
MJR8IPNB).E4L<ATLBTIX:_,T7:$RZ25BCBZ#7,4F)KD_IL^<#[,L>RKIY'R*
MRY^^G*IC7_#RS8Q3[AE(DC\!;+`XYQ5ZE:^"-:U'B2EQ538&\D8\J%+FX)L/
M+8XIG14NDA"Y4)1P`0OJY.SQ3EIU!)6_612=<22*JFM3!9A+$*^;7E#&E-PB
MJ1SV>JYK$QP*Q-H(ADFSRXN,28TY:F4NVLJ:4:@E\6Z*"L$.'/7DZ<A@B*V+
M1AG%.T'ZI><]@2^JG2J4<R4Q.YJ(=N-R&D^/25Y>#S<R4E]CUG&S96L:BMI5
M=J>;HHU5:Z-NK(F-)N:6<W.:FJ+DF[D8K"L;`K&IKT=R:$FN\>7RQCS$>,D4
ML"K['AT%UPCM.?X5W&]FES/9<X&UNLK@Y7'F=6R3V).+B\9-MKDQR%HO:Y&.
M:W*T/;'2MYUUJM>449JR"7A:57R[CNUSB1PFCH]*VY?6M@V+&+.7:N35"R6%
M)+9I7YQL"9I,58Z=I?9-F/A]R,ORY+TG;18+O7C0PMN;W2R2EUCW%TEL5:Y0
M2[T\'J!2VQ%O2)9_K%9?61*F239\LTC<AY?GZ%OM:*TD2>-V?24$````````
M`````````````````````````````````%,ZZY\^<8SGW.W]W^;/NX_F_&++
M55Y$%MA,=IJ6GPDZC<,E5?LSWA:X:>PXE-7V&R22M6&_15JUG^V+U`(FLPM4
M(S5Z/VJ\`A5)TZU>4IO3NX[>WL[/Q=N/YOQ?N]GI[<^[G.0SKC/N]O\`3G'9
M^_CLSYL_OX[,AC7&/<QV=O\`Y_\`IC]S]P5`8B4<@*(2:3(Q5=52IM*Z7-[9
M8.ZBQX:1K!7)V>U$::FZ8[&O6F(RN<Y$D5,+>E>\H3UKTF4-2;0U>0:GTL:T
M.7?'BK*;<;Q>+<K5P@V(O.Y)%'%ML>#^Q;$,K]I=G)]88"ZJY`G9Y*^EFLRM
MKRB;UQVR5TURF793;Z&=VU+<L^ME2?B=*7VK+!L:6S2QRI11<6B2N--[XRSS
M^]YMF5+G1Y/E,^@<4U3M]4'6&U'IW1Z7I3W5Q1Z)&U2NU0K46:5]X4^QH5:V
M4697T0RS[NB5_2R:?0UK/C;G'VUF=I,S/QVS^8@1.<902)C4R$C9:86VIW9K
M6J#O83DW*E-@J>5U.;S&L8U'Y6P3%DLYIN-W0V'$Y7%7N`,1%'M\=<)F6_2%
M&\FI$QJ720EDF^"W,T;CD#AJ\;(<%:YVO%%R)X_.:"/.C=>-0.+7+Y/F%11Q
M0V;"U:&3S'V6VM^8I'E2=\,)>I+AP>6=#EA;=U+MJL=6U/E'@U<EU-LN5\Q>
M,4.:6![7W=6J]HD=MPNC4#A'IG&Y"C)L^?J/`QV*N:EI=5)#4X*"<;N*@M>8
M08E:RS'$W3V-C)F;J:^055^UT/42^<0&`N\^>7ABAT>D=F5V:Y2=Q:9<?#M4
M4;.:I,N;Y"X*G3#>GV;&-6O7H'-U2,#DG32#4]N+N6,W-4$TECU`H?:E<2N<
MQO1T,D4-C4YB[[*V$IC=](^]&/,=:W56\-9;0_&%LCILM1D8;W??1M6>`6[Z
MDYR4`IG77/GSC&<^YV_N_P`V?=Q_-^,83FRNB(?:=?3RP95"(C:"^.2BJ:W/
ME4X01IQ?F><RJO'.11B-L3H\H4DB<'.51>O="\I&]>[I5N&YN0&D8>C4R[Z2
M"^J+=7B6Q]KN6J7)_@+9(7J=,C?8L/5N\,9HDORU2IUE;:G>C%D<;(TZ:[-T
M@7/!*)(R.&NR1S-2*?\`D\V_2O(JM.0+K;R2L'MMEC+44]9Z^73&.OS#)(G)
M'5VK&!6=NIC+S'7-R2J4K8AGZ%C<M3S"%:=];71/DGP&A)QN>L:XQ[F.SM_\
M_P#TQ^Y^X*@`````````````````````````````````````````````IG&<
MX\V>S/;C/;V=OFQG&<X\_P#^+';CM_<[>W'GP(:T73IO"4V>HG5TVW#K)\&N
MIK"UQ?3)_)%LU*JKG?!.6>',^(2`_->U:V'0Z!LL$CU:5PSYC;%)$6\J7/SY
MJO+):/>M7IWVX[M5V:5Q,Z>W<KMB?4`K%P;;)BC\[1.-Q3FW,(W.29<D;6HK
M<]YDT4>(SJAFD54;-K%9C8XI=E4C8U4;39=]D[\XIOME0SBJR(6NLI[MQVEI
M4@>(G:AS^CB4U(_O>;*I3&/9[*P29>B6H7.=))(EW/9%)9Q+<>EW,2J#BE!>
MB'-+I_W!*T'(B[(:37KY/+CKFO:/S4+57R^90]KA44L6@G>%/.J`PAH<I6\E
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M/AB5H4$O$GVY?W*HL]`<H<O!%;*7EI3:MJ:9.:[&=I$[H"G`C7N%D8*D%%,9
MQGM[,XSV9[,]F<9[,^C/9[F141O\Z>)5Y\H3DK%"[89V"N%\+21YSAK\Z3YA
M:F>6)+1ALS46$H;:]5(-;74+H:P.,):H583BFAD1=E".;E()$JV<&4_&ME]-
MEUG4**C#5,H3&W'#WU`9(J==8@:O3.3OS`Y%);_C93^V9V2XD+*B5,S'&[7:
MUBLC>;L^'!,C6)_")%*?;'BY2EC5?(^3D^L]36NDDY%WJVV]AAJU"]$,,60M
ME&4Y3Y+0Y.[\A:G"82-0=5RAZ=)>:RL67,IU1H\LZ/VLQDW;D```````````
M`````````````````````````````````````````!JUS7MN6T7Q:NFU8,8@
M12:(1#=8WO[NV'/++"RUSJULSE83\TD8QEQ8*X:7-?/GU$:80D4-$;6EKE*9
M#LI4%1R\K;=Y$<4']7":3Y$+K2<9E1379RC%Z%1R5/,`>V#E-QII])+6YPA\
M084A$=O*,W-.VS$76M&C&D?*^W?:P+9B&J3-JGP:N?-S<>XI;,OMF&-UD5ZB
MMSJ:ZPY<BG#P=8N#.,=DV-)(W'U*)P85#$W0-3'V%XA3.4G<E#E"F>.,#D:F
M>4KBO;F'9FM.67)*;WK7M%O%#QJ);.":X9=,[$D[G9$0;7NM*K6<>FXB0U1`
M)?`VF;N+A(I!>CA$#$LXUC+8SN-<O+ZC=)&SO;2FUPO.^:_(BO+?Y8PB&1.#
MV0@JW?DO<:8^PY>ZQ!-&:[XZ\?N#$H*K..)XK#GM6XKI[*[\F"_22/)YFL4-
MUW4'(9"D-2-"?)JOG98SE&+.M2*U]79-:0Z[*WXS1M!+)XY-\O<[9L^14]"6
MF23E6V,ZV.5U6S5+;A;C3\&XD,L>X:U)9,UH2%,M9&0C#MC]23D!`9'R!A":
MCZCDDDXHUE;=IVJZ:6M*FJ,3=KK<FF)*Q1ZMCRH(^+FB02N%V]J7)RY@6=BL
M)O&CV-0FFC,\(GY/=,QZ@U^PR?S&A<4%&YO>\"7V<ZJ&NNW.SI7$YS'*^J'C
MG:3=&XKLSUXY2IBG$O<^2,;@I+K)V?Q#C&8^NF$@=M$;TW,"66UI7&N;6W.)
M[>N:3EZ!&M-:W/4C1R;3%:8I1N@7Z)5"I+JM1;F92J]4RI01JH*-P2>:7C4S
M;Z```````````````````````````````````````````````````#UUB-*X
M)5*%<F3K$2Q.<D5I%9)2E*J2J2MB5"92G.UW)/(/)WW*.)-TW*-*WW+,TVTV
MVUS@J/\`%;C3%8A,8!&J$J%BA%@MK>RSB)M=>Q9''Y8S-!)R=E9G]J(;-$CF
MT,9"A02Q-:DO=`QZ'G8:4R+PIF=KQQ3%1>P4;9M6$`,;V]5,UR)&=$6$],F7
M6,G<TE@K2B3T)A>JR<IGIX(F*K.N3I,4ZN>CUNMU7JL&^K7U%TS5&$.*TJR`
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M&/-C&,8QC&,>;&,=F!4`````````````````````````````````````````
M```````````````````````<9?E5^>WKV+^2JE?LY#RJ_/;U[%_)52OV<AY5
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&SG]\?__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>g999300.jpg
<DESCRIPTION>G999300.JPG
<TEXT>
begin 644 g999300.jpg
M_]C_X``02D9)1@`!`0$!L`&P``#__@!#1$E32S$R-SI;,3%:0D8Q+C$Q6D)&
M,30S,#$N3U544%5473$P,S0S7S%?4E]!3D1?35]%05).7T)2241'12Y%4%/_
MVP!#``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0'_P``+"`$I`JP!`1$`_\0`'P`!``$%
M`0`#`0````````````@!!@<)"@4"!`L#_\0`:!````4$``("#@4'"`,(#`\`
M``0%!@<!`@,("1$3V!(7&2$Q45=889&3F)G2%!4XM=$607%R=X&Q"A@B-C=V
M>+<RH;8D-72RM,'7\",E)B@S2%)SE)?5UB<I1$5&5%5698*2EK/3X?_:``@!
M`0``/P"3^TG&HWBB3<W<F/XRV`U[6W'!&[<.Z\P!H>[M<S9AX[(M*1<#2JY#
M&'8]*>B`0C8ZU2RFMGL2L["/U;GRDJ4,*MEU2"*I;EMA.+TPJN?B'ZS1NP]L
M6>_=*80F1QS/M(QX?C!^1M`AY'UJ.S8PWFC8'O()!#>SH7<GTM'CAB.]*24]
MU/1JJ1-V6HK*RVN`QA64N-FT6WJKG;\--K:O8'8!.X8C(W!>LR,F$XMS%8(3
MY:A"U?B26]@VE8^[6\C+KC7#)!_...8D0I:(M5!HKJ.9-,LY&-F,?AZZ<<;`
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M83QI)SHB>[2B`9;.=Q8U%'H=Z5N.G,B2K1N*@P#>TK#U*?VNNTT#/&:7!+S.
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M9:VZV`3W7`<=,Z*\4KR*@R,FIYA^1TGU3"Y\VUG$B,57>2>H/8D<-8&]]1M%
M:<F)3<6;`F(9Y3N,E\N77!W:=D.-J2\BHFJVW$;;#-W5)=VXA2#YQCN-6@Z9
M\ATK2A'&_P"/<N&:3+3S$&J=.$%N06"\7DQI50FQB/Y<3.-*N*Q-N^CP4MHY
MHEWAAHNWVV;KGEW/!UI[RE]T.*6$&$4='.-M+0+5<QEUZ;D)825I.$L!)*.%
M6J2DPH2E#*Z2SJO5<.-NYFO2FOQ#W`XQ<E\/=S<:)I3?KLU(S2F6_MB6IPZ5
M+7@BN-]8UKCQ;7KC&)V[-4>Y:3B\OJ\>MY1=A8ZW4PNU<:E@(I]6^5M4LI!+
MEPY?Y0O#).YT%([TZW/G`Y&^I<%;LRRHQ4U8I.-&/-?YOB)"F4LXU%PNR4VH
M</*S6;:^6+*+9P(&%=6SA-9,MPD?24):4$_.4I\<W46/2A%=:C.GB=60FZV1
M7MW+K]AIHLA4;L`Z^S.G95N/GO)Q9Z22QW*HJ"LW"BLZC3$BM`DA^I#70EA<
M4VZ7)%L5QC)S>XLL+/W=%:TFBJ(=B)8=K69,9RB[9:C]CM]<A!O1=+D1GI:8
MKY..RUWXENJ>OX+$-H)"9^2]BVM.MR$,2,1/))%75".(,_&B:N;--$?7Z;[?
MQ_L5'6KSOVK8D%2LAP*D.:6H[9RR2;+BSH*BT=A':VVVM,A854\](#"D-PLF
M1T9O8E/,EM=76R>-%SQ>UIXNTA[#MSA!2Y+A"9M;57;M;VF)KT-,R*(6=T0;
M'DXT@7._TYTX'ZY)<<DLQ9%[8S7T/,-22BF"0GN^T1:;[Z9Z`QKDQ=4,TZN\
M?F!=GWGJB1)ZQ[=P_$FZ:N_&;KYL!,K/C)$C9X2/&J*?6W6SLF%JRB\'0GX<
M%B8?24YW9D6K45UTDHD2"CF*I"RH)U(N_E`&O,IN_78DE:T[@)L2[@;*YM:-
M5]C59AQV5AR9%X@N*S:5WF0-9)/L>3;9Y%92<M"MKC:)-Q+R=ERGT%$/WH;J
M)H%L\;[?V8M,I,X>K$C_`&7B742/=EI%G-LS'/LP0V3FQO,!$83`;#D;*E1I
MF7(T\N6IQ=4ZH62PLO)U<F=8)9\QCH25<&>0K=X@#@@C3_7^5G`0ESB<62*R
MY&D15V0TZA:)8?C4VRVXLYU1-5C[3F'8%FH[?4<[?42Z"V&@W78[GH_3K1<Z
MRFMXOT68GA^L6XV>MCLE34*(H9B?92>')NI!+(V0BH]&,>()U%0HH=$C61ZX
MUV2LJT\DA49ET978%AP/WIDH\0))R-G34E15W`>2TPWA6'/Y0=K],[Q@/"FZ
MN[ALF$]BMH#.F3!V5?[.BQ,BDULC546DM$8MN!%E=PO(^FN(TC?1"3O2VX:0
M2JB<R)1[-A4D)SET7'<<<;QAQ8@IK2<Z-N5NE+,R<0?=G4N'T!HP3K\Q787>
M$#+Z$J%8S+I2#,"<VLT=-A'>2$VFM++C5,#@64M/5WG**4T"I`[EQ9K3>//`
M"Y"#+?+>U_V87M@'WM\_]%D;3).;S`NGW'L=%.(DI22VU`Z8?N"+B+;9K;5$
M9QK3RSOFU')IZTGXC-2YFU0M(?Q3>/\`ZMJC-5EC#!>UY.12FYYO0I"@AP,N
M*6C*KJV&2&:EO1R(17,[YE08T;".V2BI:E*:P_I%:EIM:+92R$76"F<F>,;I
MHX=QY_,%F/939#PC51=C917">CZ0<"$6?+*-*Y#"=SM=W%VNO.AN87&B9,MQ
M!7Q(;C7$JP[AS6D54\7I88OO0```````````````````````````````````
M`<V6P/`8F">GYO.AYM]B3(U/XA$\LF:)_@]#U4:R[)1@HQ2+7P);4:,Z.N4%
M,LU<F8VUB)W*Y"$8WG\-UF*S`6ICH>Q*4QK^%#;6[C#V8YQKC+<5=B(+$)8K
MH^S&,T$$T'6]8U]+G#!HP^,N:43&6Q6_*?+7+5E9<E2_U7FSYLV?(KTB69X'
M,V1^EK#>UKW/:,8ITW\."!^';M.JO+7(_(:TZDC7V+;XE;4S0[B*S2U"$=/)
M?9>8TW%-`='Y>H"64/&U<C4\NV)YI/@OLUHO*'#]M8B#KM(NZSSE)9X4#2T0
MD.[7SAWK.P4>;&X(UJNM5C8V](:>]EE#U&F>MIJE32]*19[QVE,,]8M8,:NX
M2YC'FS!#G`'D'/!6B$@.?%J%=LE%>B3#U8FJ*-SM1VONG#B;1+=3ADEO.ADD
M:/MAJ#0F&*U5[+[8-K2,XEEEOA._[5*Q(RGD\!X]NLV6T47YLX<:[P_X[EEL
MP'C=D/,F#7!)$>PL@(R`289/\GTV44]B0VUW&U6DPRLAM0BY&TCHB4HYF^PB
M;HOH13U<NEX"N:'B?P#-3(0GS4?8[1W%=JK(FMDCG%)W9+CDF2XCS/"KF8ZL
MPWY#2JD/&6,2>TK5],4L9M+<Z*6SE$%0P7YZM=1N^@53K=AS@=71+K!PM]<+
M-E+%VG#<W)/;8Y'?EB.I"Z8<9UY2L[J,6U$MD8U1AY<5\EXB7Y354W=9?1$N
M,?4%E5&W$1Q!JC_)_P!Q:ZS]JC+JML7$3F(:@SC.LI(JZAZH)S=V,V2(3BA2
M,GG#VUNQAZ4EQQR#([2SOHD007`DH:4U,C?0<V$\T,RPIIZHW85[9\(5R1UI
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M15-Z2\\;<:?8J%$-=9["22>`^40T+#4^6SI<\M&=/$_3W2&"],EUV%9;38AB
MG#%JP[,S9JU";V(W7*M%$SE:]RXY+DDLHEE;.5R)]R\J768NRYG+[K_Z.I0O
MP3-J&UKRZ>'='O$;,-KAJ.LVXD2D=*6NR0Y-IFG!SP7CRX[-=VOL,=D+"VLK
M.6:J:JE8'>OQ4I.I(0E/.C%2^0ABL+Y(T*W#)W&<G$)XI$;:P/$MJ'J]+6C>
MFFH[9>LBZ^.:6V(\HO385RQ6XR<.N;%),<6DY-AENIAQ$)'#IUXHV.CJ.XG.
MW<9_ZE6R$@7Y_)ZV<A.UF.;7Y6U$<&(KJE`NJ+O3-]-'FGNL52,&O+2JQV/.
M4.45Y!8%S!DPTVKJDWDV#]Z]'3WSED@RMI=;4@K@I-AM\*,BVYFX@DFHTX*#
M,1=X]1H0U11F_%C!3XX6(`(PW#KDB(H](_7$=PY4>PW<47"RTTT!*:S9(,K,
MDE4TF:/E+<%Y:(.F'`7/ZZ2FRY+?4RP3E)-/1Z3M&#S)ULU(2-?2ST;CXJTR
MUDX/AW&9+?SC=\X+A=`4U.0UIR8U))6EU5*96Z2;90BJXW%=T%<%B3X^:W#6
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M#SL%LV[=<9/F+:J`)>E2+X-FC7V0S\M:2([RB.]+EE]W.A,G2`8$4IC.,V(=
MD6*V,">P"#S<RA)+<74XIA451N68;,Z$<R!I%P;LNG<VZ9S#?L+CD&FI7#\<
MNC.1OVQ9>UJOW*OS!EE6R3;%2L@+]&S84MSY4.]GW$%^XQ7L%*CFP<KB5]B1
M_P`#BYD:M:(:VW[*VJ=^E/$N1.(;1Y61'<2I(N-%E22))LB;ZAND8W5J7&,;
M_L1;WO177[;+TFY1M:E;3U")2D,\#G-$D\Z^S9=LMB7NT9Q!]Z]Z+VY2(KTS
M\I\.Y[02FKBC&Q5K)![ZFRQS]4X3V1Y7)ZI8[.DR%[6NW.5F:V+6R/"PRZA)
M1;8]G3;/ZA-.#B[[`;^1:_H&T>=>U^.(BNU,?$&\^XQEC7E@R06?TB1=>CQ\
MG-Q2D=DJJ$X"2PO)E,;>2RIPPH$L3Z>\+W;[8_33=DA+J;%;4.;H\0&<MBB:
M9Q$-0BTFOY8CIWQBEQRU9>SPNUI(C/%K7-9-P9'"]F,EV'%T^TB.-,05#%<G
MYLQQ6Z:=.]=L>I.KD"ZT8I`=,IXX/B]J1O;(#SOK5PNJC93["7UH;P5-J%$X
MM?RZ!)1[5`_C1$;`GH^,\<QD;3.628``````````````````````````````
M``````C+)VX^M$.8CF21Y;;;;N(R8C0YE+Y<:NH'<LEKB$B.<LT21!'3%$\I
M*A%MN)&7W#1.+FR[513MBDY<Z26QY;\<DRYG`:+8#9>_I2YG#B,8,EMM_+)A
MS8[<N*^EM;:7TI?CNMNI2ZVE:<Z4K2E>\/&7W0C-@N2-+.8W@+J"LG(A?(52
M5=4I:>5,U<!2XU1*('KB!"V^VZ\ZKGK2R0F8+;S2F>*%K+LM,8QYL5#<M8DS
M/'3OH[2ROD0,18VEM]U7$\=75$S7G%N7*1LPA8"R/@6HO>C8<Y#.LY2!<Q19
M+(UN3\HK<Z1AS7V=O+O<_%R[&[G3_P#+RYT\'>[W?Y=X6T\7HV&`W5!VO%8+
M(#;2:$[U5:/6YJ$$W"=/E$W$;4,^+%EM)D,1H\7N/'S'1DDTI7,H*&<JGEC)
MG#=%*TKX._WZT_?2O*OJK3D`!6E*^'O\O^O/]/BK^8````.5/#R[]?#7Q\O`
M```"G8VTK2O*G>Y\N]X.?AY>+G^?ERY_G%0``%*TI7P_I_17QT\04I2G@I2G
MY^]3EWZ^&O[Q4````````````````````````````````````!H$G*%9*S0`
ML(#'B*;7=MY"&\$H2''$KQ):PB)PJM2%L(WIF;#M=).2'FWVL[8RD*)7BTF\
M[T=53GBR4,\Q%0HJ7-Q4CU'6$K8Y-L-R9-]VFJ2_R6;*C(,C'G-LZD1I(#J9
M;0-ELFLDP-_ZMNRD'$W'4[F%;-*^TKTIO&[U')GR%D%<6TVZQ',&RD$H=U0V
MYCI/@C%6^4\QL_'FDY_88RY9W4'D<7)39,LOH_/AY>-N!_K.1:.&8\7DY,=!
MA*O,)3V02B(W[?KRQNI1%.QVR=1=ZV/!A1IQ^FKD?/\`RL5-3<N=*E)`;N&U
MPM_A.:]Z_(5%%81%U0LQYDZ?V([&D@+UB>M7M-P%BDCIQ2](P)ZT8S$V]4)4
MD.<6:8/1[.45Z?UD7,L+,'O6>C5ZT7.%]:)#:#B<RY8QY;=1[\B';(+GC\LG
M,4D^'`6R21'"I,N9&1#"[A7U[%:S%6T#"8"&=D",9/EM25=`L,*SD7DEQ$7O
MB)2=;`!QBMI&A%TMJ5EIQK3JEZ4U](9$SI+JCI615Q6S&Y<+R6VL2!EQOK>!
M$K9<#+BV-V>ZUNYRNAJ,)FMIQN.^_/DO7UY!;26DK*U=>9K<8OJJJ1,T?K?G
MNNRWU,=GDNNONNK7(0``````````````````````````````````````````
M``````````UZ5C;BC5\.W.D%?S]_0J:?#X_M^BO:WXH_G=:0^X7-/7]#M;<4
M?SN=(?<*FG\W@_\`']_,':VXH_G<Z0^X5-/Z//\`?%W@[6W%'\[G2'W"IIZ_
MHIVMN*-YW.D'@Y?8*FGP>+[?O@]`KVM^*/YW6D/N%S3U_0[6_%'\[K2'W"YI
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M=@H``````````\9><2`UR'UHY5M(;Z;](+E/K!;4R*01^E&\E,)0M]+43!8M
M](,YKK<1?#TO2YLE:68K;[ZTH/DHN!#1S"445EA+3#2Z>HF(A904"A$PKJ-<
M.0Q1/2\!K-ARJ)ZN##EST)D[,YFN''?EIB["RZZGW[C1:PSA)WF,-ALQASF"
MY:[+CMSY\!6[!89S8<-;J9,N(O>:+6Y\F.VZS#<8+TRW65SXJ7_1*KR(>551
M#)*Z8;6D2PED64DLH$S"FDV*.*_.GWJ:?AS7G$^P_AQWY25YS#AM-XK+LA>N
M2RVMP]8`````````````````````````````%H/60&)&Z3A7I">;38J(94"J
M076'DY$1K)6=5/UOH13,*BO'D\GE4#E<62A4ECSW&3%<=_0XK^PNY?T67VR6
MZIM=%7W>V$-8>YW*G,Q*6'`D)BD[5#`7H<SD&P0/'2YMP'<)2M#64HCX3IC&
M7K3/?CMQ76W5]O.K)990())A1(X%-4L-Y$U/SG"V$\H8R%EF0[>1*9,MI@Y8
M3QY,=YNXMCRT+69++\]<=M]E:TQJZ5F4S"+B4B&17*%,!\REV'"URD7(FLF3
M"6.YB%N6IO$4,9<.;%@-9,-N#-DQ9+,62^['?2WT0```````````````````
M``:Z>(_+6M\;1BSD6:8Y@N99)DES*[-UNBB>"K%RL]Q26>::O@6%YQ*K^*G$
M=D1HRV6;65N87_7!E-(L>U5$1$(N)W.=KL]R:EY0C366+(H>\<3E*#3FTY%W
M"0@YD:62HZ'"AN!0?LH,U8GHF\'?JX?4U16RY9I-2VEZU6I.-BJB@\DN\M"*
M27.&:X$XR9VH%H_*IF_&I$HN9+SV3(\]*-D&M(JR<5E$_6EC5<VG*A>@)*9E
M433>;*9@<ZXX%-1)M0BEDUI6,44E:BB:*D<^""6G6&)R<O:/WLVB1?N8;?\`
MO!@WCSHU6[?,E6UFQ2BJ2#BV1N3.3GHA8-BK8,LC>CMMJ4*X[VE@9/8MS-BI
M?T-@`````````````````````````````Y^OY01,^E\8:_,EFS_%>OLO;,3R
M1E:$M+D78VQCI\=,5Y2*WD)M2#,[N?<EF2#*BQCQ>DGVTNNE]YU-,<V.MJ4W
M&J?*YUU0,E^<S=!O0TPV#-<;/J8X[V#DZ+^#5PS&#PK9L0',FO-;E6669-YQ
MM/9\Z8KJ>>5%-3>BS-:,V<*I='YPV^,32))Z:NY\[7)*%U=\$[P208G\H`X1
MT\JS@D!;E38.%-Z"$AISL>R@OLUEEHDU@B1&2F=%K-Z2C;8;>R.)Q/1Y.+`A
ME\IIP/)VKBF>4LQ"U(3DRY=,]?VEKYQ]-]$UL.&1'<?D[1J")G>KGE!\K+]<
MRH\'[L;+UQ@J64%;)3"C-5KH*4WV8RFHADTY$;C2;:.0P%<IRT\H'NC,````
M`````````````````%L.9E,]YX2Q=WM5MNG`2OR9"F%QH*2NXBN3+T5<MY;&
MJDSEF"_)7#AKDNQ6V77UQ8^RK7H[.7QQLAFX2K=)8FHVL1-HF+3;4*8T%)QE
MFR:LQY<-AEOE["=N%$,68<^;%;G2["F:W'ER8Z7TMONI6XKBI:\QA-WE\%YH
MOBSX,!B[%CNSX,)J[!<9Q8<U;:Y,6(Q<6+W9\=EUMF6N##7);=7%CK;YY5`0
MR*LJ+I)'2RBVMV$\:RKED\F75%;&G8[L*?8IJ&'!8<4+"&*^_$2L.9\]I3'?
M=C+TQ675MKZX`````````````````````````````+<<#/:CLM*VNALM]QVD
MJY:D[5Y$2UFTK7/T5<U2U%,H:I@KEKAP]+T/8=)T6/L^RZ.SL?(-1A'!XVSC
MYQ@LHV>CW-G,L(X9:;?SFF28-8Z83)AHF<J;?F;.<QAMMPY\R'>0R9L5MMF2
MZZVVE*77G2DPT?(*AE.(F%)*L-XTQ0SDRV8ZGV'\>/$>L(F\F*XP3M.8L6/&
M:M+9<5IG'CLLS4R6V6TI2Q)2\:GG6L:<0L5S1/`GF52PF6M4<Y$KERYRQ+,>
MMQ4-Y2A?-GS9<!;)FNP8<N7+DQX[;\E];O0`````````````````````````
M````````````````````````4K=2WP\^_P"*VZ[_`(M*\OWCX]);XK_9Y/E#
MI+?%?[/)\H^=*\Z<_'W^_2M*_OI7OT_17O@``'.E/#7D*<Z>.GKH'.GCIZZ"
MH````````````````````````````````"EW.EM:TY<Z4KRY^#GR[W/EW^7C
M')EMYQCN*?#VT$\Q5#L-:!K,81W)SC:#(59*7]A"[\4$)%R82Q<VZ<38-VH%
MJL8S=/ES6)6+"4Q8[L6&RV^['?FRQ>LX^?%_R+IEL8X<X7E[C)HY1PFD.UW[
M.U5"Z$?/G$HBKYB=#W36)YM23SI'`9NMICO,E<N*E>=*=E,[0_BX\4#8/;B$
MX:G2(M#F[%#\<"TFO)9BA<GXY(1$B09CF72>1M8'<;N;MYK(KI2=A,_6F/)A
MHG9#O164,]!?9U06UK6VVM?#6E*UY>#G6@J`"EU>5M:T_-2M?500?(OK:.17
M].Q"/W9`K09T32?VO$_`](Q?KK7SV,O'+#>YM5/JJ)*[53Z4NS._,5Q%\"/C
MKCPD[+K\F2_(-0CGXZ#&;>XD>ZKV[L<.18:;VA9Y2TK;/D'`DVP<P%=I*ZHF
M8XK=JGDV7NPE'VNX4NY23B1AP)YKZ(:*TQ(YV[+;?=L^F>4]OH<AI9F^Z0=8
M7RVD;`T5/$108DDA/JOI+I<K=1<!A+7,LW*I+%9D)K]BB4-U(G<.:RS'2F*Z
MS+TENQVG?]=?]5:T%0```````<Z7\H-;*RY&GJWC1Y:GB*JEG7*M3.>#9F>L
M/&UJS,WFAT>!Q&6:=)9EPN1OPURIN$]=?:0RF#EY?L:F\]+N9'M5O/SON(#[
M[DZ?^WQ6D5O.M:4_G>\0'O\`>^VY.GY^]_\`;X[XM";3V/2S5C`I+SE=!XK`
M\9E#+B>*\?=+K6\A-L$2OUFY'(JY,JFO+9RW#;F4UA0RY#JB;NRFC-]V;+?=
M67```U@<6V39%B;5E-=$8O=S,!QY)<8Z3D7&FJ9DA4O2SI%RY#B?<;P<[ZE#
M5Y8O?GP_Z.2[!CK7_1H.:O\`GP;B^<[-O_[Z4?P%:;O[B5K3_OG9M\-/_ITH
M_@.JOAMOEY2/IE#SR?[H7'D[%BQ\557&XS^1365&I&0W4GD_IAW-_P!DS?12
M)4L3P=E_X,O@Q8Z=ZR@G.````````````````````````````````*7>"OZ*
M_P`!PR;V'2:=MSM2HJ)K"13T^8Y#/J!XS?3&7)$"1J\T=.&+Z]ZW`4*X<QC-
M=^;'BNK3G7O#C_C_`'J4C'$(,SDJFSA>,GFJ]K`T2STS8L"5$!HQA26L>SX+
MZ<L.1%-8$MZG>RLR77GZJMMEU/I5_/M*X:=.6].NM.=M>3K<5.=E:767<H^>
M5.RLNIWKK+O#9=3O76UI=3O5':A9_H6_JV_PH/D`#XW_`.A=^K=_"HB=K;RN
M?FX].??_`)T>;E7EV7*ZD#096VO+\_*ZE*\J^+OCATD/^3[V+G\I?3F#B:%:
M:6O>N?B$K-N%*NR-DNRDUVX+WA">6F7ITRVBM/64JU;4&W-@S%8T=98X5*TQ
MEKL=G;%Q$J4MTWE^VE.5*6Q_WJ4K2VG_`,*;&[UM*^"VG@MMY\K;:4MIWJ4$
MVZ>#]]W\:BH``QB^)KAZ,U$FD2+*T;,)54"55(BF/1^--J*!U.H8R%:GRA)?
M6$XT9)T-8LI>IK!BR8*9\=^'I.DLNMI9?\[+5SSCX%_]<D;?^]`K3;'5ZZM+
M;=CH&K6ZM+:4I,<;5K6ZZM*6TI2CGYUK6M:4I2G?K6M*4[]1("VZVZE+K:TN
MMK2E:76UI6E:5ISI6E:=ZM*TK2M*T[U:5YT%0`!S^<>;-AQ-?6;ILV'#V3ID
M_L>FRX\79<F^UN=+:Y+K>RK3G3G2G/ES[XYPOIA/_P"N$_\`TLO_`/V"MIPG
MSI_NPGX:?_*R_C_\X.XS1"ZV_376.ZRZV^VZ$H^K;=9=2ZVZE4$M6E;;K:UM
MNI6G?I6E:TJ)9@`#4/QKOL>)7[;(]^[G8.3\5M\-/TT_B.R;A3?8.@S]20O\
MSWB-B(``````````````````````````"EW/EWN7/G;X>_WNRIS_`'UISY>*
MO?'$D\.+CQFRCN=91`D;0DFA%'0Y":*54]?)?/*)9()KB@52\!XY@E(MA-',
M1#"7QFC&+!BQYC%N3)992VZ@L@AQEN,PJ'UQ*3ICX=IY2;)PBGN(@6UYF'*:
M13RFE%5Q/**6*V6>R+&#B.>)J1?'?W\A,SBRT\-:6[2N$WOUQ'=DMICL<[5/
M/51?C'%$ST<V`E#,1R"QW=:Z4A89Y1(SY%ASOEQIMZ/8455:ATG:1L,YLUY.
M_%GLMQ9*7=+8``5[]*T\8U!R]P=83F&4)"E-<E.6DQ5D5V++N5$Q*HQKDHD<
M6L_3F"A&A]KFC=Q/%=_1Q4-F#&:MO.F3)>(\I_\`)V]24N1G++!*39NQOAW-
MI!:*ZH7FF#E(F$)M9JF$@O@2;V?4@3,8<M>><X7Q6YS-M*6Y;JTY\Y10%PDH
M<U]F!C3(W)-E1<6V&HGE).25[\B_J@YE/(BJA9,9[ZM;1(]T>,NJYLV/Z,:P
MW]/BQ=E==C[.R[:_2G*E*4_-2E/4*@`I=3LK;K:UK3LJ5ISIWJTYTY<Z5_-6
MGYO2-+\R<&NV5YHEN9D#B;\5V!\DPO;*_%R-H`VE;L>Q8A+&5#1&[3"UVO2*
MU0P0)8DMOII?':=5%$W2W#2R\W?CMQV68W[A<L]-])[LKQOOI%,5<%#'\]9N
M_2*8*WTRUP4S]IOI:8*Y:4RUP]GT5<M*9*V=G2EP9.!)A4\A#`\.+3QF)";A
M=90%=39+[W#;;A9SGQMY=3G`71W*BYX@QXU)'.'$LOC/E>EPWY<%;Z8LV#-T
M>:S?12G*G+G6O?K7O^FM:\OT4Y\J>BE/"*@`"!>U_#!T)WD>;<D+;#6AB3:\
MVBU_R,;B^ZS+EPFTIL?6YY=^IR]B*N)9:XM174SYZE^;!DSVY366VF6F.M+*
M:--O=)?Y/'IIM-HYJI)VA$,T>6[LA.5C-Y2L<;N)DV"63$FTFV7$Y2YAUW9,
MI%[R:JM:-4/%TQ"EYY65%6PP8QMTV1,;(Z?R>G@Q5ISIH!#EM:T\-#S]MOMK
MZ*T=_.VZVOYZ5YVW4YTK2M.8W)DB99/)E2!/'T)0D6P%"V+L[\G1ERV&S!@Q
M]GENOR7]ABQV6]E??=?=R[*^ZZZM:U^R``+>7VBU7785L<[:;[CL(WY<A*Q>
M14Q8M*7Y[;+,]Y:U2*F;2]^:S'CMRW8:679+;++;ZW4MI2FA+C@\2C7_`(24
M9:\K]L1Q2ZG_`#//;,1;V::83:.G[H(9RVD+6PCJ3RN/&G76*9)HG"+5:QK)
MDRXL#P=R.<RE#I5./%Z[HV8SX$D%H-5^LUDQDX&@]FXANYJ+Q!EMJ\BMMMRI
M95:05@E?>CV77E5)*/%#I>ZMEM:XLUO.VE>=!F`@GD4HD534PD43D\C@QE21
M$B6P$R90MAMI9A+E2I;'BP%\&*RE+<>+#CLQV6TI;;;2E.0^V``-0_&N^QXE
M?MLCW[N=@Y/Q6WPT_33^([)N%-]@Z#/U)"_S/>(V(@``````````````````
M````````*5\'[[?XT'YVLV/A&C-.E:0G%;GR(C,,/APJ!<KCR9C9W$GK"GDP
MII/#BMOR9#BH:J73"EMMM?\`=!O'==RLMNNISS<//:%\Y=OG]21?K>XCL>LF
M\"_<8+*&0F@R':8,J3*LOK?9;C3\%"^8VS<%N3#CIB(GD_LJXBY2VMG<OP6^
M_N.>KXX4?_A[U?\`?UB^$=9H`````````````*5Y\J\N]7\U:]_EZ>7Y^7B[
MW/QT'!3Q@.`?QB^([Q$)(VT:CNUH:C(0U%OM#7).49O>R<Y&3&<<9JWLU0R8
M"D8G\:&Y5MP7JLC+1).4C.!,<SC.%2IXSC)XC63MMUQI-=D"P_AV0+-<O/A6
M.FF2F&K)6+UUI'9&()!8D[59N*61&0,F5'7%<N96B6'(DD[R6-0^@769*E>G
MRYJ```!RQ\8;^3CR-Q<-IRVP#KWXK%3*:;#;T>Q=$&+7?(]2;(1R-,JHYSF9
MQ=NIJEUI8>#N/*2VH*-K:3,^).HAH.2XY@02QO+NEX9NG\@Z%::Q+J7(4[V;
M%YH8*K#89\CW1_='!WM>7+!M19S3/H-7@]K<V1E)QV]MD%/&KX[32&02<%Q$
MOD)WWYY[@``-0_&N^QXE?MLCW[N=@Y/Q6WPT_33^([)N%-]@Z#/U)"_S/>(V
M(@``````````````````````````*5\'[[?XT'Y\KLK6USNJZVM;;J.=SUI=
M2M:5I7Z]4N_2M.5:5]-*\Q`C5C)DK-V^M*Y,G*[8Q'[*G9W<K_\`N*NI_3[_
M`/2[W>_I<^]WATB\%O[8Y[]BC_\`OUBCK-````````````````````````&H
M?C7?8\2OVV1[]W.P<GXK;X:?II_$=DW"F^P=!GZDA?YGO$;$0```````````
M```````````````%*^#]]O\`&@_/D=O]9G7_`'F<_P!_*0@/JQ_;?OG_`(C$
M?_8NX=(_!;^V.>_8H_\`[]8HZS0```````````````````````!J'XUWV/$K
M]MD>_=SL')^*V^&GZ:?Q'9-PIOL'09^I(7^9[Q&Q$```````````````````
M```````!2O@_?;_&@_/D=O\`69U_WF<_W\I"`^K']M^^?^(Q'_V+N'2/P6_M
MCGOV*/\`^_6*.LT````````````````````````:A^-=]CQ*_;9'OW<[!R?B
MMOAI^FG\1V3<*;[!T&?J2%_F>\1L1```````````````````````````4KX/
MWV_QH/SY';_69U_WF<_W\I"`^K']M^^?^(Q'_P!B[ATC\%O[8Y[]BC_^_6*.
MLT````````````````````````:A^-=]CQ*_;9'OW<[!R?BMOAI^FG\1V3<*
M;[!T&?J2%_F>\1L1```````````````````````````4KX/WV_QH/SY';_69
MU_WF<_W\I"`^K']M^^?^(Q'_`-B[ATC\%O[8Y[]BC_\`OUBCK-``````````
M``````````````&H?C7?8\2OVV1[]W.P<GXK;X:?II_$=DW"F^P=!GZDA?YG
MO$;$0``````````````````````````%*^#]]O\`&@_/D=O]9G7_`'F<_P!_
M*0@/JQ_;?OG_`(C$?_8NX=(_!;^V.>_8H_\`[]8HZS0`````````````````
M``````!J'XUWV/$K]MD>_=SL')^*V^&GZ:?Q'9-PIOL'09^I(7^9[Q&Q$```
M```````````````````````!2O@_?;_&@_/D=O\`69U_WF<_W\I"`^K']M^^
M?^(Q'_V+N'2/P6_MCGOV*/\`^_6*.LT````````````````````````:A^-=
M]CQ*_;9'OW<[!R?BMOAI^FG\1V3<*;[!T&?J2%_F>\1L1```````````````
M````````````4KX/WV_QH/SY';_69U_WF<_W\I"`^K']M^^?^(Q'_P!B[ATC
M\%O[8Y[]BC_^_6*.LT````````````````````````:A^-=]CQ*_;9'OW<[!
MR?BMOAI^FG\1V3<*;[!T&?J2%_F>\1L1```````````````````````````4
MKX/WV_QH/SY';_69U_WF<_W\I"`^K']M^^?^(Q'_`-B[ATC\%O[8Y[]BC_\`
MOUBCK-````````````````````````&H?C7?8\2OVV1[]W.P<GXK;X:?II_$
M=DW"F^P=!GZDA?YGO$;$0``````````````````````````%*^#]]O\`&@_/
MD=O]9G7_`'F<_P!_*0@/JQ_;?OG_`(C$?_8NX=(_!;^V.>_8H_\`[]8HZS0`
M``````````````````````!J'XUWV/$K]MD>_=SL')^*V^&GZ:?Q'9-PIOL'
M09^I(7^9[Q&Q$``````````````````````4YT\=/70.=/'3UT%>=*^"M*@`
M`*5\'[[?XT'Y\KLMNJYW52E*]]SN>E.]7\Z\I"*<)1,Z8]DC9]V+UR5>ES!+
MB>]VG:GG;S9O&BEFY5+RVK&"XOAH0/?2J_T2UF0S;7%3L^EIWJ7;^^"Y2O\`
M/'/=ZO\`8H__`,W_`..L4=9@````````````````````````U#\:[['B5^VR
M/?NYV#D_%;?#3]-/XCLFX4WV#H,_4D+_`#/>(V(@````````````````````
M`\9QF<Y)O+QPKDKA,E$94,E\MM+;KL6?`1SY<.2E+Z765K9DLMNI2ZVZVM:<
MKJ5ISH($4F"2^QMK^5IWOVVUK_N1*\-;:5K_`/-_C%>W!)?_`-[3O_HB5_[/
M&?('>CH=1URXW"L9U3&2*I-Y6W-A*8J8;S&<];FNM^C%L%;JWVXL=*]G6ZE.
MQIV-*5Y\Y)@`!_U]0UZFN%?HJ=-&CIF#[,ADZ:,G3.3M@2;;TADX8R&C.3L;
M'A;9;TF?-DO[&RVVRWLNQLMMLI;;3^'<IM#O(99_ZPI/_P#?$9<A71K5_7EY
M9)`B&,[6D[<J(H-V]5H['JM5N1U0P0-'BGT-?<*F0IT^=,)7]/0M0QCZ'L<6
M6RW)EI?+4````````````````````````:A^-=]CQ*_;9'OW<[!R?BMOAI^F
MG\1V3<*;[!T&?J2%_F>\1L1`````````````````````!;[M_JJYO[OK/W<9
M&L:W_1L_4L_XE!42>UG_`-\7?_P-#_Y0I"70````````````````````````
M`````-0_&N^QXE?MLCW[N=@Y/Q6WPT_33^([)N%-]@Z#/U)"_P`SWB-B(```
M``````````````````+?=O\`55S?W?6?NXR-8UO^C9^I9_Q*"HD]K/\`[XN_
M_@:'_P`H4A+H`````````````````````````````&H?C7?8\2OVV1[]W.P<
MGXK;X:?II_$=DW"F^P=!GZDA?YGO$;$0`````````````````````6^[?ZJN
M;^[ZS]W&1K&M_P!&S]2S_B4%1)[6?_?%W_\``T/_`)0I"70`````````````
M````````````````-0_&N^QXE?MLCW[N=@Y/Q6WPT_33^([)N%-]@Z#/U)"_
MS/>(V(@``````````->W=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\
MGV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_
M.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>
M/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#
M?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX#R'!
MQ*-?CZ"N$2T=[O9#)Q'4RI?'3AQ;]6UR9S!+/BPV4NOURLLMK?DOMMI6^^RR
ME:\[K[;>=U(,TW"C_L;:5AW>.E:6VTK_`/%W[P>&EM*>0?T"O\\./_([O'\.
M[>'_`*!QG2#]]H>9QQQY7!%N\!"P^52\96Z_AT;W9NEO+9CM^:VE">OAJMO8
MVYL=:UR4QTKV7]&MU:5I21'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TR
MUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OP
MX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=
M,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[
M\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!
MW3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;
MN_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN
M`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\G
MV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.
MK@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/
M)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?
MSJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7
MCR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@
MW\ZN`=TRUX\GV[OPX-_.K@-<_%`VZ9>Q6MA!@Q!#&[SL=F"4F:XLB5;P]MX4
M>ZU&2B3BQ'SGTMP0&DI]:%\ATI;7#0W])R5S4KAP9;;,M<?/E^2\T>:?O%[C
MNUG_`$3BM&Q,]*T_[T_>+PT_\1W:S_HG'2SP_MVXTA#4N*8RDR(MWFV]FU:\
M:+2-=P\-Z%2I/ZU?;D6B',\BZ_*29GZ=-4"ABGT8[FZ/I>BR]'FLR8[9E]TR
MUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OP
MX-_.K@'=,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=
M,M>/)]N[\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[
M\.#?SJX!W3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@'=,M>/)]N[\.#?SJX!
MW3+7CR?;N_#@W\ZN`=TRUX\GV[OPX-_.K@/ZV<2W7K)2M;8_W9I2E>7]/AR[
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MOXC`$A;+11&<RPC`CC5U#))D^J3F(LE#2$LVK8R)5JM5>=9Y=>)XK6I9HH![
M$W3Z&@*:Q=BM<+FY(B/B.9RRG>GQY(<2_60UC?BH>,28ALUI,>0I&:TAJT7.
M^C)FUI12["+#D`]!"FFE5(])AY#>2LA(*>WTQ+*N)Z?E"@+L?I3K:JP27LN?
MH#V29L_V/)/2FW(L=OB.U-(37W&$MM+.R)":U'(DT76JJGD:I]5(G4!U)'3F
MD)>1%=52S)A.6D;.9*N!OKJ2FR'Y4]/KK^(<J>GUU_$.5/3ZZ_B'*GI]=?Q#
ME3T^NOXBW7<ZVTPFJY7P\UM/;309J`L.ITN)8-6DDE`;C?3S"LMK2H<RUIC*
MIR6FE#)TZ8R5[#"7P9+Z\^7*L1#&^$8H4+2G/\@1SL-%L:QBDIR]B.2#"CL2
M7/(B0L%CQE(SQK'R=59?R\H'Z$K<5S<56TWG2E9#I+(X$1'*Y<QDO,1NKB>Z
M$!$<B5?DR)B^D)BVG9,E.PR9""L1+J).^^RV^^EE]Q8SBNOMI??2VZM;:774
MISK[/*GI]=?Q#E3T^NOXARIZ?77\0Y4]/KK^(<J>GUU_$8&FS8J/8&R-K`\Z
MK9DVYD^1'!B)M].N53:6SHG8:O(4A/96P6F,%Y9M-M*3DY),&\?39S3I=C/;
MI(MG/KY6VW!>/?!LXHJP2PM0'LVV4Y;=<4,UB-A>CMLEWE)"W,AK`5:.-EI)
M.13Y`R7QWFB]RX97%A`QI&/+2N7I;K,MEF9F'L2B/!T,5EKC%D>+75(S`=T@
MM9O2>DHB"L&R+"=Q%J.Y%,$TES.&PLX4?$O-)TU3_I6:PZU'6FJA+/ERD5\F
MD2'Y4]/KK^(<J>GUU_$.5/3ZZ_B'*GI]=?Q#E3T^NOXARIZ?77\1%MZ;3(S5
MF_'`R-$TWR.Z"B!';H=2Y'C.1EAFL5"D]R/!M-<^[5U7>#?SE,=^=ANI14,:
M6F+&4@DI5YK)9?F,%2N:4G*GI_/X:U_-7]/Y_#3T!RIZ?77\0Y4]/KK^(<J>
MGUU_$.5/3ZZ_B'*GI]=?Q#E3T_\`ZJ_B(Q+>T[/(S5;!C;8\NR.XDI8:R%(K
MECU@FUZ/8@4WF3)*S>(R6]#*@EIB4IF$!32G0HH:':Y%]NM1907.Y4I'0W`B
M'E"V88W?A6=)'RQRS,,@%+E5)>K@C-[N=C++=C>;D&-7669,B+$//([=<1=Y
M1GN0\GX#MF;"D'%A%42#T:95Q,8UB<M9A\J>GUU_$.5/3ZZ_B'*GI]=?Q#E3
MT^NOXARIZ?77\12O*G_E5\5*5K6M:^O_`%^"E._6M*4K4:PHVXK4'2^DS"]8
MUAG<)ZP_%C6>3G;$Z-;6E\N.)]A[V,]$^/%EN:V+2%D45N4G*;>*C:D-DE8W
M$0F\<!!=7FLH*S;;JZL)]I-?C`PR\F4[7$V]:=[UIZ1E,"G",RP6@ZNN-V3A
M"KQ),TB_DX[)K-:"^O$$9GNEK*1)2:;T3G`L-Y;KGH3PG<9S%FPV31T[VRB7
M>372.MHX,RN<Q%DHXW+F:AAWMTVTU[/C:CO7F0JY#:&<S9\Q7']>MM3L*9>F
MRXCA2S"<PWUQ9[!)KE3T^NOXARIZ?77\0Y4]/KK^(<J>GUU_$.5/3ZZ_B'*G
MI]=?Q#E3T^NOXARIZ?77\0Y4]/KK^(<J>GUU_$.5/3ZZ_B'*GI]=?Q#E3T^N
MOXARIZ?77\0Y4]/KK^(<J>GUU_$.5/3ZZ_B*@``````````-9,BZN3E)*KO>
M@-AT(D3IVPCHUZQH+S7T,T]R#ICIIQDS6U+S1R(K1D-A.Q`L>B<E.*-S*[A<
M*&MHY!<.KS>Z8SB(',>(V;`N]D?0-NTQ"66+ZR!.^P>="A9;B]I98O38WCZ2
MD:+HL=<Z8\*U,\A4*I$8,4LL.MF1X2L+.<DJQ_C2<&)Q8G*DETC;#';":\6,
M%DQDR$S&BLR/&FW6.TD?%DR9<:6V6HD$T%!3[<N:Z_+E^AI9`K@NRY;[LF6^
MR[+DNNOONNK>(``I7G6E:4KRK6E>5>7/E7\U>7Y^7B&H.2=0]Q?YT,?30UY1
MA%[(RIN.@R:Y#C@A=Y87G&\%M.")UCIFL+ZWMV/2D-?;[-PR(KIZ65;;.2CR
ME)DGK$H*R;D(_E(D'<%E=4YK=D9P!K[*NN[_`"$>Z8PA-K#7'I&3QB(NY9V7
M3J$C1[#*CK$8,26G*+=6<J41I+Z^I3"GQJ4:SV0FXUZDW-ASJ1@O,O1B!I?9
MTG;+[$3.HRCE<<]X83:B,FS:IP\?EC"U(/07L3)+3P3->TU+A)EY%U;D1?L1
M&2PZ+%2#?24UQ.UP''JZE]-1]DP``"*>\D(NK9'4#8^"F,KX$%Z2E#[U:#35
M31C*2+E'(I).6J+7.H8.>=+Q9E'"7+7JV''GRI-,_P!98RQJXK0OEA#%D%S,
M;CC>U";L*S/"L<2M`&%G1)"TZSVES&\EF>%!B2^0DY_IRODEV8TUEMIYW.>+
MF?;:?DRF-VN5G.&05%L->Y3S+CMVD1*AJ;9BV-VXMEOH2P@L)F(JJ4Z7!G^B
MJ24VDM//ENG+9,I?-T!LMFQ=+@RY,.3L.SQ9+\=UMU<A```-<VSK$*9]DF*X
MWHPEB4XNE[53:#5);9R08(IYH^Y'O>QI/3F3B65-T-<@@8YG9\</IEX5LZK(
M!#`ZT=EIYMRI.54(9[8BM35_#<W)5JZ-)=JS>M>)R:RK4-:K+NQK9=,M-J7H
MVJ^\3SG=IG<^V5Z+'C/PHZO'"`:9)">\YIW*++7G?1AE3:R9SNB_X#BF8R4@
MZ3L=[HKG23D,O7;K8+(B2(]C4K/N&H`?:;($0Z^P.\9;QK;GPO1VW$),(YK^
MF=[XL*)D1J*/^6+JM::6Z%K<H```#4KN/KZMO6;<#M@?7J<T79);K`>%&W%:
M4U(;$A]G([!D%84<Y:1V=6<2BV]4MFM-8?!198F77UY$),)/THTZJ'T0PI+;
M1VT6TK2G*M>=>=W+E_Y-;JUMI^ZWE3]P^0``#XW4[*VZWP=E;6G/]-.0T<K&
MIDX,[;J17DQHZF!7<TI;N1%/[4V-09[QM*$8QU\M;<(-^?(M?,.YI5L,.1S.
M-O1C(S4QHA&$722?9V1(]<QE]-<RS*'V#D362!]@4AVZ41J^X>K'K0T-8,P-
M%8E7.N,14:\TJ:PURD2QF8B!-;KO6'L115YF9E609"R2,U6.=;J^71FJ0).+
M/G.*A#<(```\!U(V5Q-EP(.`Y>G9EI$5TC$?QVW7Y".133C1#&<LMLRX;[KB
MMYBTQ;;9FQ7W5QTI9DLNK2ZG&AP^-,>*/H;>@N:'-1YISOG6S1J5H4E6/I/V
MV:B_`V\NQV262*?KFLPFWEF95A$8$:QK'?TIZJ2X?1(64B[>^G1DG(N!QJ!M
M:7I31?K1Q%F[PV-THW:VL4R-+B*[SR>AWSSL#,$GZP7(ZNX=A<91BS/+D>$8
MPF]]_D5#NL<1DC[<C)AY3I!]9NG0CK8;YU3-JY5*Z0]=X,8FLL%1%KW&2?\`
M5C`A>.VE&C2*W]C4Q5$9Z*412AL]EISN,J:E]%O4U4WENOS'%(Z;-9\E^7-?
M?7,H``````````````````````=ZG[_]=0[W_/ZOS_N[P````=ZO[O\`54.5
M/%X?#Z0[W@[W.E*=[Q4KSY=[Q=ZO+]%?$````'>K3\U:5]5>?X@```!RIWJ^
M+P?P#E3ERY4Y>+\PIRIS_-SY<OW4_P":G/\`UBH``"G.GAYTY>/F'>\/>_3_
M`/Z*@``%:TIX:TI^D.=*^"O/PT_?2O*M/W5[U?2`!2M*^"O/]````/C7L+?#
MV-O95[_/E3LJ_P#/7_6*\J>*GJIX14``````````````````````!K+D-]RW
M(,C;JD478O+KXEZIM1E58Q-+0F&H(YM26X<MF0_+TTU?;4<*@O1D84365@$V
M^UEABE<24P)+,7./(ZCB4JLOWH-G68)-FO5=7<JV71&/L!P_%>>U>(2#;)%2
MC3DLDX=8\N<Y>YE7#G>2CE*EY=<B$73C!A'32B>7+W'D<ZM6WJ>/8L```U=S
M1M0_8*WV*IKV>1).T^*ZV,"DA%#Z2BE\,>2U(KSV-4&/)QAS6I]SARI#A3H'
M-1(<0,Q[*D7.EVL(R1+%5`T<O4(RM'B)3I$<0;#/V:$O!(4C-R3I@EE%A4TC
M.M)=<>ZZMK6_7O8*Y@E<\3PX\2).V+RDRI3+=$DS&:0$(H^EHDD+CPSY5),)
M$Y5$-XI9<TD&XW;,(L,F<<VT$HZUQ"JNR8E0B2=%8-8[QD"3Y`=I='C%7,M<
MG<FMLFAL=GHM7:O+ZQF7%59--MK(6-44\/QWQ&)!DC/!"DRH1(&WYLNS]3J6
M-=;GS)FBJ/#$OMS=]WKJJE+"9%)@^NX6OAUB42YM;3DO`9DPDO-3Z,FM&UM7
MWJ^QK62:3.P<(LF5U!KV,M7<.-P$%YKX5JCD)HKC:#M<#(<9-,<'U8B9%M'H
MNMI1RHRJ9148X>2LI(R=2$PYDSD<&>@`:[]H-EGWJ[)SC5E+-A<[#D?71RWP
M@S3)?`7OR[4QHX;<*'&Y!2)I>,\<.3^DR8V<*<145,[:F7Q*O'4DL3L.JM3&
M'5W<>8&%'3I0EM'3'H3B5\MK3F2IO+N]/0I,6-C%Z'&>IW2HWXD(,M/;-&'6
M1G^V"YA,P.5%=)=`S+;W1V<8;R(FD'#[L%[XJ)B)HS+NMMWN!T8)&TIU_7'$
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MCQ9CF.<S0HLN5VO!Z1RJ+C44<ZNU&N?/(V1&4OITXE[N2(@U^E-Z1`TD=9F-
MG0Q+KCB=K/>1Y!=D=0Y/\@1^PHX<:\[T2$<,9HRT8SNMQ'+R#Y<S*1'`I,U8
M;++7W#F(+:PCV)EWVFY@-YSO&0(\2'^]T!Z[[H3`:+,E`TS&4X4*$]T(&UJ9
M2$\:JD:F:T7L5TGE:IKRQV&\:6EH:T=/)2FIO++@;>;#F^$M6.MP0V1A:,NW
MBU'GL&C*Y=:F]318I-M:!(FA26S#@2GAEBXPZKU5T)^PL:H=4$RQ\>!LY\#Y
M7SBTIH[:3L;BG-KY*O;U@6$IMJB6-KMQ1%&LI_DYB5K%[&@=L)EHCN^I,:YC
M)IV-9L2OKCZ!8JXT\C8HVEZ'+"9:W-3!9E\!$W>>07K%FIDYOV.G`8:CU;K)
MS&6ZXR9))43B(H&55*3K5(H274Y61\YLKA.YLA:U13#Y2F>F._,4STLZ.L&Y
M6E*>V!LHCZMI6P3W6&@YY%U66KWQF1(WI*S,09<4-GT1V16>7RD>X6L:1E_M
M)MQWLM6.M:C_`$]/_+8B:7E-'O03B9AJ=]IMK&PGO^$HOD1^RL_(;V`E5(./
M"-6,P*2BZ-=VCK[$[P59#>!PPQW`P3!S6Z;=CHR:<NMV)HJ59%E!N-\R08K$
M,O7"ZFTJ7',_$D7C<?P8]X/DBBVDL5@+>S,ON-`CBQ11=F(PBZ0S<0&6G&-E
M"3Q+)#,V.*-F<)HAMXHJJ675%OQ@PC26>SMIVK%N3>$@K:2Y41(<2"HE%A#7
M4P@LHRL0SXS)%4250IA/IBD3,8N>/.5/D3!<V7RX_P"ADPYK+[?Z-U!ZP`($
M[,/:4RFS.K\7,=2ES$U'K'VQCQ>:-#N:&""ZH'XZ7]<TYKJ*VJ3'D*%,;72,
M$A.C"IIK:4<2XHYU8GEM)'K$_'<5C37B)R$V\,E9&Q!ECN9,.I[LD617(\9O
M,5>&=%.[S[&:UY&XPT<K%>8NJG4]-AA8>S735M204M/1LR!&N96SYRUSQO\`
M>D3B;+#4>K\:#(B-#E;Z'=86C!;3';(#':SN5B6W4+ZCN-'47<]H:(M\]:@.
M>:DI:/.2+#4G-?`;;3F:F52N/X$]0/9*9^Z4MON0DN"42&F"4F?`^-CD%WYE
M:6U3'&28U=<S\)$U)RMQ7*QSG>[E5G?=L-&="#8RLM(+-VECS,+;EO*H:#>[
M<$(7$7D1*;:NH-N#;'0S(XC9+F"2'(^YVS9'C1(=^W4YP#F;;2*%8HJ47E5'
M3XF67HD7K9ML(]J9>CL3*:PY<=SHMD-%>[;QD6<XP89F+6:EQC-1G<,E'[P)
M2H<5)`*YM09.1(O6,SLCK*P4]+)%GLI'E52Q427NJ&63C)HZ*X\.=:6\Q=(V
M*@`#1'.;ZV7V6XB^QVJ3/W7>NAL:ZJ:?P].[:/QLS(8675+STF)=D\FI2@]U
M6<&*^DP]!<(5C]+;[B9S9)-KZZ6G`<N6WR1OL*%BD=85WZWSFY*X#$\K;_C^
M/(LW1=SJC/8>)FY%%M5V5W8BP[LBZBLCD7P[CI\PS8L<Q6)64_&.SFDVD5Q6
MYG0<R*[[6&[B3D:_IDLK6MEE:]^M;;:UKZ:TI6H^0```````````````````
M```B]L;IQK[M,CK"?+3#(J*TJM3\C<;Y2*_4SY3$/`M8'.ED"R^6LNHJ)*,Z
M2I=QDVJZB;C91M1M-85ILJR6K+2<I9ZL9S<JXD=XFDHB?>2$VE9H)KM-DB?U
M^7;K@/MY5<"5A.%BY:PL07%9J-Q34R)3"7)9SJ,FY+2^.TF7LQW.```Q0_X*
MAN5,+G+R3&#&?99Z(;0;+M+.QM):\6<C>8+J/OEE(RT742^?`HIK6>"HH.9"
M*&L>3$G+9PPH%[;#&2Z\67).H^L\P?6W;.@^-GQ:OJ3@57!C<39(J&-PFW8W
M&FTG1:X,=]MMBX3<;=8;'2EQ,5;3:6JEF<U:GB6?,WDG,4\V8]9VQ(;(N:#4
M2XV:=QF3S$L*6=R16F2"EGG>IEUK$N..B1E7VJ:(.Y4SK&0UE=:<MEE#+;]-
M2E/$JH*VM)1ZD):@0/!#$AQD-1CHQ_)![,CME,MW+J6E&';A*1@W7VV6FH9%
M`D1(%2AU-391DO"0+HY%,24<L_',F(2:F))^A'%GII,]K,-"*MAF("2V&\2,
M*9HHC(A+"GIQ<RLJQY=5<^$K@MMQ695%84U!3.7VTI7.=.F3%_/)ENK6Y``6
M,]XRCZ2;V;D?[,;;QR1X^4.3&->XTDHK7-*06UA4"R`\V_4WCR52W(CEU93P
M)RN5Z,V5Q'S>/%DMMSY*5L=:UI@-Q2-EEM<B5BJ<CF"WT<R[C:"5R*QN^C74
MV/C/G<G*F`XLEV2LJ[-*+QK!F72;34S[;**6!$-9B-WAW:AZQWN]JORL%1E1
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MND6B-:FEI$QMN<$A^6K=CTROW-GRHUMQFF`UDLQRPMUJ@/"X6*ZBD4LY/78V
M;R$T62?24>B31!:S6P*A9KMTN72KB9$RAMG"N+5K<35$L<)(/UPJY$G$3O43
MM^;QW+J1K(\/R#M<T&QLMXHO0&BUF&7/-8GF)MIN1ZL);A8*&GE*66E+TUB.
M!&3%YEDS.(UC:BX3QJZ!:GJ/2F;_`&+]:-?\IM?/Y8A8N8PZ5YRN5<NSMW!F
MQGU]Y.!C.QX*UY;+;>7+G'4ZXU8CH<>8KA+T6W(UDA?4J&54M4W?C+8K4-ES
MJVU1`32,=M7,Z70XW0]5E;B)OR`H+:HZ8Q[4ZFX4[(JJB)]5O&QH%$1(Q+IG
M(N(RHAHQ9JN]JNIIFCB-GD/%D<MN'XRCN)6;C-X6A%[%:,=M7"?,_3#V%MLE
MO)S80L1PYT>'Z6;QI:65M,F>BQ=/GIDR]'CI?2RV^ZUI2M*5Y]_O4Y6W5I^^
MM*5I3P^&O*GJJ/C7);2EU:]E2EM*UK6ME_@IXOZ/]*OHMYUK^:@CD^Y'UPDF
M-IB0Y'4VVO1BV7;GA.74]W)*EC;V%SGC#3(WM51Q'B.&BC::.O5J%RQU-^DD
M,AQ4+6ECU,Q?/=@^'\T;6BK1-,>V&V98WCKV+R,?QXDLUB4S\A$K#)4J]SSD
MQ&+',>=94J:,$"[B-K6=3P)V6].Q&K$^M"]/ZJNI.LRPTV4QCD(QY8UHW^O/
MR&22#:+I&)KV.BVMCMP(QI(M('BY=X?Z;Q*V&[\#ORTH8<F)6SVVY:>O&42P
M5":DILB)HH0XZQ.5,HOJ15F1X?0F=G3T@Y5))I61534C$T$^XC>MFJ(C(PG"
M>3`EF50\D(-B5B4#%F5&FUVRQ&NW62SD,@VFDT41+;39;J,1^A)""@(A/"FH
MZ,E$L-E,)--3"!;`3(E,-*82I7#BPXK;<=EM*7#V=.=:=_O>*VZM/T4K2E:5
MK3\]*5K6G*O>[U>7@'G:V$Q>0&LHKZ00<KJPK1AMH!P^7++"Z7;F`F97\Z2G
M9K[#9["C%U`AF4\I?%?C)8SI2\Q=90SA[.W9,E5AP^WRCGD%=^HDE0<3=:29
M=C2UM;/JKG=BGA1FX@I*,W4Q86U556%//B*$B2>G&<V3)=6ZMMN.R^^W["25
M8[W-,R5BB,7.K!5LK!1GN15;Z@E.1*;3XR-Y17T[`67"">NHN!>S-5LF%A+.
MDB1G)G0TNATM9E)XK;;3_F^P94BZ4[M4L:A!ZIV5(=I/\FB5N%QIAA].Z3LQ
M%7Q=#3Z>5R2"_GH\[\>6EUM7&YUQ5K_NI0,7W6L0U%UB3G8NO@G!D;8W>YCM
M3ZPXJM8IE4S1B^2D>9LE+#6:S)0B7RRVWTF3LQ(A0H2S/\G:[<Q>]>RF#N;V
M75K1`3SR4-..*&<>4+'LKR-A5\:/5/7B[Y7T<DWG`Z"BZE7D5LHK+Z"G$$5=
M-%3^&U92B95/4[#1;!BQ6_<Q:Z0.61EQOX8D8.-$<[<*M!P)>-L$*D5EL$G8
MZ'V405,O;AK8;2B[R>KM<^(IFI7%:MN-84*4^D'\]UV#F1I4RVSM"?V@4\[9
MSNTD3F!-9I)H1NDL"I$I-[B:#@?!][+*:JJ>=^.+/5C(13`JX2K3(J&;,LN1
MU(KF>9\NXDZ5!20FB>D%<BPJJUR/IN,QJR`LHE2*ACJ3:3U77DVVTJ_6&0K8
MF9_K)98#L)T)ESF4^5HE_2#A;`6.D,QF]``0>W1X<6FO$";-K>VEA%JR&?(-
MAU--L/KH<J-)+'2W@1O)J]K.?"3D*K:3;=F^CJN-/S9CR#D5R)(^=1SM^#L;
M\SMO6^+TAIZ^-IR(I>2U'6,J@UB1\2`D-<X\6ZX$%A'HSL>9+.W&^V&^CNM1
M9BJKHJD=;#<0$^\FKJ)4DED2ABI>W/5*4I2E*=ZE*<J4\5*`````````````
M`````````````````````````I7OTK^BHU4*T#RL5>V^MQB*Y=?*7/#I<B]'
M*2FS*P&1"SD)JVM4#QHF7K.<F^",JL%WE'LQ5ZZKQ16O<K-PLEEG$W<IM1N2
M\>7769UGV9ND5=U]>2*\9KGHGI7*!1$V#+3%A8::G;`O[:-P9V+N::;UCN(4
M9YQ1+%TUR&4QCI:Z]X7*L,_$$<--2CMQ$\BC)"3M+-HWH?VYQG#TFG7O(A/8
MY/8<BM%],%G,]^,"5U./L$;L)Q.3$_4V7D)9B)GIV4A'R?@92$A1\ZFTXW`W
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MW()=(7UAAVU42JZ<P*5VK7#B?RH@G,][0/WNA6C_`(G'UQDME];+XCLB2A,F
M!:TB/Y<>)XXR%#$=,`VL=JT[BQ6EH&S&LV-OW-)5S4OK;3FT@VR>Y:9"CT-2
MF>D!YFEVRR06Q(L?M9K/Z.'J^($.EX_=;N3I"(2X76HG8;:<B8R2!%GHZ$VW
M,W74N-I_G,4B&BSHD&SM+W>Q=P6')^"*T]2BF/\`8+914C3&6<;=/W13'\V0
M#KK@)K+;0G"OX,[?9_;J9,O9SK2:]F541EMUT<*,T?JI</*!25V\$5ON5HZC
M)/C]%<RXI,[8^`9*6"+*<;8:SQM:;"?Q)<<IELJ[P6F^W[%8HFX[\N,J<6"=
MQXO:8*EK[S.7%CO@'LM".PQ=?=$]I*;(36BAE:MR*@.AJ.^64LV^%B6"VM<M
MD&ELVX"S)<ZLVS2_"Q,_6(<S>2%(\:D`U(AN5\Q,XMP9%1D_C!B:H['.&.(H
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MCQ.TRV`*NT]*26;/MZ;%S9:2%N^3C,B&U;*B0^Z]!5V'$.F1*N7C9(VTDW8P
MLS'N:CLNG9J7NM,OD>U'O6;LZSDOG0?7&0XAF.2GLYX+-PJB+VK.HL6J.51E
M1#DDW(,RQ2LSZ?EQYXK$ES.4P4(*=[[:QDN\%R])=<F9#&=Q/%#27&6-E:;6
M0`````````````````````````````````````````!\>PM[/I.QM[.MM+.S
M[&G9=C2M:TM[+EV78\ZUKV//ES[]*<ZU'R`````?&VRVRG8V6VVTYW7<K:4M
MIV5]U;[J\J4I3G===6ZZOANNK6ZM:UK6H^0``A:\9?G)Z3E)\)P!VI&[GAJ+
MV(\'*Z)=27BZ"SJ?4L9GQ<QH_1T-FN5GG&NA$$IB9U9X2,=/.G+@N<:2EMUB
MK!E,6S&&'-.)V_'<U49RMK7URH2<>0^'$[LMV10:+],+%FX6QRW"TAQN@D$I
MUI*@>7&_5K.!$9KM-I24@'5(BIN9PVHC;P(UZUG=S\437)C)Z?D>*9(+75RI
MF2L4@--6)L/"XXF38CE/##KU7'64PR#F(.A/*.[-2Y))0VH2BX7$@83C@04(
M^G$#E^'*V7;@LYH+V?F)@Q^]$\CK]9L(A(ZO(R0F(S:D1YZ^9Y`;CMR-8NDN
M@\XU)ED7RP%%#JXCI%NX%[!7Z6V<Q\KTAS!8[-XA4<*:B11WBS)':I$JZ%&-
M'/*YI`1,,0$90;&L9?:QW()$Y^6!U^YD0C&&)P'"CKR,BYL7++;5FF97+''A
M+DSET%-W$=126*;2]?\`8Q3<$H,=Q2I';")MN-:OAT1,UDIL*:S(UR1GE?`3
M:B9AROEC(A1I/M4:TG*KC=J:@IC$-*!)PXT3'N/B;0RL*:*6849SY)B$Z77#
M#":+T:#(;)=K.A[S]#2//,9MM.RO)^-);(Y%*/5LD<7UQPH2(U6*I=DF/=>0
M,]Y>N;[B7Q.=;%96C-'Q5>10U(EL683V-5)M%*4(Z6)FE%S0O'S?>K</O7`[
M#ZFJR:SG&VE//&R!(2*U<!#`Z78KHC,5T1Q*.Q&E>?\`U]=`````````````
M``'\^EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;
M?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?
MD#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9
M/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z
M6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.
M7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\
M63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0
M.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]
MCE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;
M?%D]CE^0.EM\63V.7Y`Z6WQ9/8Y?D#I;?%D]CE^0.EM\63V.7Y!&65-7V;)K
MV.2,1><MQ6]EUA]J]Y.*('H;9)]\L#`=55%'0'+=5*5L53;5/N%S&F2\$/$A
MOYE9'0X[6LZTK$L&\=]O4TI@@FL-P\@)3A:R&UFQK:TTACMU5S$F:72]29(,
MR?`W8)IA/.J&#.RUQ05T^^I-7*X'`A*QLBXBZF9PIQ\A_.[3&+2#V[8[/7Y(
M8#W,.>0'`M.%IK:?8;<1"39#1Y3=316L3@;#A)96S>]D3`KHMI(H1<#9H>72
MC?<*<4<2YB/Y3)P)')"'WS!Q8HL6,*0LDTY'"5J?-W*5W;Z=3W>+_M)*=<'3
M$[,RS(+AN2+;;+_JHKD)EL5<MI2VZ^PR^GD&X2!5)SH:PI)."5%B7LZ6JJ1H
M^GJ;G<$$K&N*T352N8KT9]N*<6KRHD'$/+2A?,;,W'[LG24Z.MA8-$V$31V2
MG)LN;&)2E&+8<<=QL\$Z2<>![LR)G<B(:"XXJ).BYIY%!=::B6:C-4<2B\ZN
MA^)#E9S:=J$]4MSI]ZL8O-MZ70"SJ-_`U6XLH28U)+BN5&VC$EI5N3$9PPS"
MJ'`+")E,1NTR8JA)D<-U+(&$TP:,7J"CBRJQLW>;SY:W>>QM+8KB]UM]W1JO
MR4R#R673R#A)HZ\1,)LA)**_W_(Z"EO7`N-E8,9\2(NRB_"1,\VC;86\[:7[
MFRJ*JBCIR063YA4R6TIX,E?37#EY_O\`Z`=+;XLGL<OR!TMOBR>QR_('2V^+
M)['+\@=+;XLGL<OR!TMOBR>QR_('2V^+)['+\@=+;XLGL<OR!TMOBR>QR_('
M2V^+)['+\@=+;XLGL<OR!TMOBR>QR_('2V^+)['+\@=+;XLGL<OR!TMOBR>Q
MR_('2V^+)['+\@=+;XLGL<OR!TMOBR>QR_('2V^+)['+\@=+;XLGL<OR!TMO
MBR>QR_('2V^+)['+\@=+;XLGL<OR#\\,````````````````````````````
E````````````````````````````>F1_\%?_`.=K_P#QXQ__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>g860940.jpg
<DESCRIPTION>G860940.JPG
<TEXT>
begin 644 g860940.jpg
M_]C_X``02D9)1@`!`0$`@`"```#__@`Y35),3%]'4D%02$E#4SI;4U5.0T]2
M7T5.15)'65U354Y#3U)?14Y%4D=97U!-4U],3T=/+D504__;`$,``0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`?_;`$,!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_``!$(`#0`
M?@,!(@`"$0$#$0'_Q``=```!!0$!`0$`````````````!P@)"@L&!`$%_\0`
M+A```00"`0,$`@$$`@,`````!`(#!08!!P@`"1$2$Q05"B$Q%A<B02,D4831
M_\0`'0$``@$%`0$```````````````4&`P0'"`D!`O_$`"@1``(#``$$`@$$
M`P$```````(#`00%!@<1$A,`(10(%2(D%C%"(__:``P#`0`"$0,1`#\`O\='
M1U\\X_CSCS_X\]'P^?>CHZ.CX?#HZ.CH^'PZ.CHZ/A\.N<M5L@:5"E3]CD&H
MZ-%QC"G'/*G7WE^<-"B,(\NE%OJQZ61V4J6O/E6?2VA:T?MEE#@BDFEO('%$
M8>))?<SX;8'';4\\\YG_`$AII"UKS_I*<]1=76T6KD5LL.#K^%YC/D$C5D%_
MUM!QL4WX^98)7#>%J;=?92D@UWPIY#2A8L;&7,IPY@_K?U>GI=CYE3$S9Y#S
MSEMS]IX=QX(,_P`FZ1I4R]<6HA<=&F=A`2E)`ZY:?7J`VNMC[E3('3_A$\PO
MVVW;49G'<5'YV]JE(C%>J,&<)21Q*XL.!39@V00)4MKB!I`M#NCO_)Z^7&1^
MEH#)E<`*=R,`U'#)/MLKG.?&,>XVT5\1:\8]6!8IE;[/[PLYW.,^..B>,NZ;
M<I4B;&AP63EN$.DVN5]F0>=<SE;CQ`0;,F>EQU6<Y5\I#3V<YSE:,><^9`M7
M:<J>KHU#<6,@^=>:3B3LAC+>9,UST_YMCJ\*^NC\*SG#,>*I*,(PE12RB,K?
M6K/6)<?],^]SHD\EZ]\YWN1[K_[(<;R;BJF#A2[Q(J=?LEU>)`8A;HR:V>GV
M#/\`8OP(V63ZQUASN*P>7TRXWF9E%<0H]G2KG8T]+U_4/.)8MD"11)+&\VT7
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M.<.N-M-&@J\8D`QTN,.O.0ZB)Y8<;I/2QC._M&NDP<=7I!B6F8>.]2W:<7A[
M"46&#0M+B%UIQ;GQYJ%?PL:/8?5[:%PCY(P+[.,6^XOD#K(*TMI'"LL2_P#1
M72'9<3E,?/C,MN*)&;RK+R8J8'6W)1:G<>4-/.A*6X^"^KJ>\(Y5O3I6>%<Y
M2A/*LY'Y530JC`9_)<N)\(T:@P(`NP$Q/Y5<%JB)@R6A/J>E%AU"Z>X(\<H=
M3NF[[-W@NG<_;=+.N%[-7ANZ0PR,C2F"83*CA*)HW#-OE!*6Q[Y?5L6JP7<Y
M_(;VUKC=]_T#PLC]?@P6MY5ZJV/=]HB$7D^P6V,RW]ZG7\,Y(,U,6MPIN2(3
M[N<"L;D\:$:='#`Q:0B#655;N0_D+S\'';/K\'ONVT&397,1TP!PNK\M3I2)
M>2XZDN/)B]3-D'1&&O*@S03W&G$H;4T81GQE;#^X=VNN17`K:ML%-I5TN>A4
M2[A6N-[15?(EJS*U]_VR8X>XF0[!H=-N$<I:P):(L*(T8XH)V0@UR402VXB1
M31?Y./+VD)KL3N#4VE=SUF+'!`D3H!J=U==Y,8(5H1;S4M&R5EI3,B[EK#[J
M6Z6%&Y(4ZTT-'C*;2/TF3Q+"K<6Q;/3WAO#^=`VKWT+NTVK-]Y^E$^0_E`V$
MVG,)TOK'9JQGF,)%$]Y]?+EW+MZQRG91U"YER_@IJMP.?1QEV9SD!+6_1S68
MKW5DK!7IL!7L_G"1-)L3'9EI72W-^I:QXF<5M@\_]QZLT=N3=6K(VV2L?>S`
M-6ID9Y0<?*3H$=6IA]M^/+KX<_`C3<7G/O1AI*6B$-..81AW53Y&Z(O>H9+?
MM-VW0;-I6'C;/,2NT86R1Y](CXNE*-3;9`NP,.J!9$KJHX],N\MS"`LB$>]E
M/MJ\4N?R$N0U#Y54[MP\@M7ER#U&VCJ#==BB&))I8LC&%MVW7<3/04J-A:V6
MYBMS\=)UZ6R,X\,HZ,?4*00(H=YR1WMT3`1'XYG()I+V6UPNHN=46<X1G##2
M#'F[W)-H;=<5A+B5CRP:4K3G&%/K6SCRM'[PGK=.:H<3Q.7-.W0O[_+&X]W%
M%"EU<@6:NM4-*(\(:)U9H@H5L[")20R,1$1&;<KJ1:/E>YQ-:JMZA@<35KTM
MDG-.SK&O+RK0-=V+U2%J+C'22NY$,04%/>9^3P:FYW<-M[W!G7^F^36EMFW8
MB+DYMBK4J^PD_..Q$,TT_*R+<>"0X^H2/9>:=+>PGT,H<2I><8STFZNZ=VY$
MKRVKFSQJ2M*\MJ2K:]73E*TJ]"DJ\F8].4JQE.?/CQG&?/\`&>J3/8/(('Y[
M+(8?>8?'XS\C7F7FG%MO,O,TL!;;K;B,X6VZTXE*T+3G"D+3A2<XSC'4++7O
MD,^M>'B,?%;>+5GW'/+;R6FWG"%_Y>$NNOI0MQS.,+=>2G*LN.)PJ?5.@.)8
MY#M8Y;VH",O/P[BG0FI[6,U6:P-!D2'A`JC/7Z_'L4RPX+OV'M`+?Z@-RMQW
M#VAP<LW:NAMU&IEUOUJ7E!E$LUS!P<FR;S/9Y3XQ`!X]ON?FKUNCEYQ@XZ/U
M<;>V^M5ZE?NP!TI46K[<HBN+LD=&K!;/-AL'OMX/&$7)QR7WA\K0VHT;&<_\
MJ/*BUK<&J[AK./W-6MATV8U-*0#EJ`V0)88S-)(K3.'LO3^+*Z0U%-P[*1WU
M/2+Q+8K*6G%..IPG.>LY;G+RJ<Y2\1.VH9-S"Y/8NEJ/O;1.PLO+RHQPBB3N
MIVZ5-$KSGW'U6/7Q-<-?*=_S?EAYC&<K4TI65.Y]<H;VG@?VQ.'<)-D1U`1Q
M/K>[M@Q<;(/LMV^>LEZO-:I,59Q674MFQM7!J,I/1T<8AP5Z2L`THMIPB+CW
M6(^KH2UU?CB?W-Z-/3W-G,U(:@"JTJF.[4`[E4(D'.FP%!)5Q-D`<V@*3%?\
MXD3>NZDOY(_]M18S,K#Q=+,]+S&U<N;"LTAIV3F#4B*[+KA<0KDQBN4>$G_&
M;@^Q>[WVLBD3NN['S,UPKYF,1,F_4W[E-`K;>>0EUD6VU:K2\"ZP[Z<L&/AR
MCS+8ZW4O/-MJ4K#I-*V/BO!:D7R0UOLFGE:<M,'B73N"7N0:*;BNQTF3&O$?
MU-.N1P$3&LS(SPAWRG!?,D*D=_'OL-MXID=OC\?_`&AS4T#6>1MNWU":2I]]
M^Q+UW"#T,S8=DFH.*ERX5=@FDYMM0CZ^%(G1LAF'!:=E3B0&F)$G(;1K#'2*
M=X>]772E@U!VP8>]RLSI;A)J/7$#+>T$Y78S9^V[/6VK[8=D35>:DI%M:0H^
MT1\;5HHXZ517G5V`D0P@N4<+Z07?T^])N3<_R(P-!6QSCCDW*VAN:64BS9X_
MDUH<F[&7;FA6&'LOW8IPFM>:,%:=+2F`*?C*KUSZE<?X9I:7)<,<OBVVNDS&
MS:&BU`[>E;)3Z@Z%4KUAD)"E59<ECJ2I**ZX4,2P?ES"([PO;+F[2Q30.9>F
M<3))+(C+QTO+1-<6^^ZEEM&+E+0H-/QC*UIPI:IU+;:?4MQ:&T*5A\MIVWK"
MDZWDMPVN_5*!U7$0#5JD=AR$]'-4T6M/I96Q/+L2'W(M4.^@D=;$BT2X(\AY
MI;3JTK3G-#7<78YL&I>V1$\\"]TOR=]1KNA;?M>HFZFSFO`43815>^+&QEH'
ME'Y1^RUF&LL?-SIAL?B$*]B4CA6`6PV94I.N!?*S91_`;N9<-K#8'YC6\9Q)
MLVZ=<1LL8Z0[29>#V#1*W<H*K)>?RH2!L@]P`GRH45K(($M$&RHK0CDO)J*?
M6^D7%]+.+6X;R:[IU<S?JXFXJ[7!;0EEVI5M/HM_'JB?XX6UO""4U#U>4KL2
M:_6:^GU>Y1G:2\GF7&*67:U<"SMX3:5DVJ9ZZ=FU61=7+[!![BK&AOBU3D,\
M8-$`?F%U?/=1[<6,YQGFUQJQG&?&<?W7K'ZSC_V^G$Z5Y-\>>1P4G(:%W7K#
M;XL(\EB:7KRZ0-I=AW',YPSB5%BS7RX]!&<*^,Z8.RR3E"\#N.Y0K&,UC@+I
M;B;O7;MTK7,CD27QKUC!ZRG+1#7@,^`%)E;J)9*S&1E898L$+/)E%E14K,RN
M8N+!^V)1$*4.\VRT1G*\=E9&SF>Z'QR:TL1-22&+C/M7LV-;,#%,TBW$3+%Q
M/M@[65-#P+\;\`P027RH9JV+KHX^?MT!KPTWNAN!GT.2,H\@UQO<>RAU#+2S
MU+R[`E7L60KKNB*EFTAKD#?49E6)BB8HH.!E3Q_KIOZ-_C87N/X\T>1:A9:Q
MSM(V:E<P=60;VTBEK`6)61-?M6L;(@T%L"1DHTEY``.4!,C)$4<Z/D!2`C@B
MFD/BF!ELK'*$)8=PIMX<EAQQEYIQ*D+;6I*L9QG..H%J3L3/!#E5NBC')<(I
M,C#)<AQ2WG,()!?D8F;I)N5MI5[I$?#3$_"NNXQCW'1GO7X6CT(GS3Y]*?/G
MSZ<>?/\`/GQ^_/C]>?/5=KN]CLQ._-=2@[2&79S5*&BWDNH]9+D-:YQIK+C6
M596CV1SVVTNK2E+R<^AI2LL.X3H7U<!F=DY7+:,BK6XUJI.M8\?(OQ=(3HVJ
MQ1_TIQ,01#,]I]<Q_P!S$]3OTBTZ_,>:\AZ2;0':XUU'XM>3>I^R0$-'CIJW
MLW07,3,C8J+J7EJ,(DHFQ!SWA<=FM[G_`";F-7[HW1JL#B9";)K-"V/;*36[
M?%[T^L:M4%79(J'1,2$9_;6P!-JE%,9(2*')&",L.>SEYY?ES-8'FCR@-YN\
MC);<PVEZ#J"2MHL#6P-?:FC#7TRQ0#I3`!\AZ!1R[=?9GYS(!TE'PD:Y+I"B
M11XA+S&5D:#$?I7M7\K]@;&K$?H7B_M:_:]GY(39!"-'P*CHVRQDP=#S(4O:
ME4^-"E9@&9<-&EPV9F2+',7EP]I*E-N]>K4U%[6^BMJ34)IW7O%G7&XZMM*I
M:7ET5&AU:*OE>VC?JD;<JA2L2#$*J7B92T5*.D)B-0&6.'("`&?]I3XA#+>\
M_&>?\,X:1VL3IQNU^0JRU+ML9I734Q;`K][#UO-XUT66RID-"D,=V`*^T&,3
MR]Y+T^YGS,5UMOJ/@V>.MU&-K`G/I@T&+)L>A#4@F7O0$-"5'<*8E92S[&>U
M4GN%=N/D+I?M9=N^XS%/GRRM(P^[B]^P(PBY"0U2KD+=HO9]>(G1@VEO1T-7
ML!?TK;3GL+`KMD(&;.+0T=[S;"]1]TW=.G^`^U^`E>I&N)'7NU%79@J_R*)U
MRX0<-L=0RKE'"##R6*Z>Z4D=:(:5*':=A4&%*6/*+2$L716V_P`B]%::FJ)2
M-LWB(KT]MM<Q'4:L&1LU-2%O;B7(8*?2'%PL/,..Q\;FR0S<P2:TS'!LR;"S
M7D#K6M+->17'WM*Z!,A-M<B]`<2:(78[$4'%6:S:9JJL3%ACHN6M<FZZ)%U<
MU@I\*&C9FP2\@<!D8:/`-DI$A`XJW$''^K(6,ROE<MX9:W_?NW^18K*$-5[[
MS=.WHL]2"'^Q%.[9M!#%-:,)_P#!Z"E1D9R#I*=?3L:O$>:5,"48=#CVXN^2
MV0FBO-J9RI<^#G\>;E*O6.0<M4RV/<AL0P1"L5^.SQEO-AV?O_E5*U>3$U91
M./6S-?5BXEC_`!X>=V-=6XM1L9`$$>C[GZ.J0TRJ<+B_DAQ!$I'`'D,F&MC]
M,`[..BZ_RDY.W;CS.N`9#V[Q'Y#U`4M_+)&8:=,J]?(J]D';PK*L%UNS#1$V
M,M.,92X#C&<X2I6,Z*I]TT3JC22KX7/ZUHO'ZN4H:<;L+1%?A-7QE#-"9?CR
MP'0TL5UNO2(9XV(QJ/:4-)).&8`9)=,8:=2;C$)PVMM=)V[Q=UMJZ#C&RY.M
M%V&EZ/9U=84DQPHI!T21&F46HV[",AG!OLL+C_8/&*'<#^2T\C.;.QUCTK/^
M=:A8-Q'^0HR\K-LH<4U\-N6J[-<7V#K>+[9-M3:E8^B?*"@0@9@HOJW1S,J3
MP7+'>J._QYNKJZ-5X!%C:7IG4&R==`ODDU!76BM#)]L0,B1'Y3(_,M>W5BQ:
M^N%DH-V!<K]OI-FF:I:X`]:!R86S5V3?AIV/(8<6GVG1)$%]A6?'A;;;:TJ4
MWE"LSA\X.&>S;IVV^VMS6H,'*6ZGTCB?$ZEV^F#%P>NC0\5?+A::3=CQQ?=-
M5732[;9(2P3*6E@0#XL`[)/""'J?;N944?MV\D+-"6>ET7C3M*Z;,II.\0)Q
M6IJ7*V^=J[-K53B;Q-&S-0Q.A%MW,(NN/*LK@4]BP0TO'*%R;!2K8+UHRNP$
M)"C5N&A(B)KX8B@!(.,C08^'%!5A>%!C18C#(#`JL..84,T.AA6%KPIO.%JQ
MEOO=>[K+?'7KXTW/OXMX[-]%RP0JNJ=3L4+M4%S6!U?N;38EI2R4N2'L4Z!,
M"48'0*@NGR.NWD:M"AMTEUZ%BF@291:FY7OTK1'#R38[`L`:H87#5-+P8N2`
MQSXN"_?KY-<+M&P?'\?7NM]T4.GO$M:]+MTG88"?J,&>6_(/U?$M7/DBSL`*
M>423"XD`FY.':*?C\21L4U&A1WL[P.I=D;ZA>/\`W58.C/9U=RRT%J@_;9-<
M8)D8'5NYJ]`XJ$M#2Q/APT"K3X$3'#5FQS?H8*DXN0B##\'NQ2#[K-B[<G`B
MV6+-LL7#CC5*V%3S1+TF3INC)>*(:=R_@@QH>&9%->6ZK*GG"AWEO^?2_EQ/
MA/3H*_KN@U.F`ZYJU)J5:U_%QKD/&T>!KD/$5`")>4ZMZ,$K0`3$*/'O+?><
M>#;"2.ZX\ZMQM:W%J4H;U=XUG;]3E'%^&EF:[[%HN0PV[V1JU+H05E`0KS6A
MWY:T7`LA6#NU92U3(842W5TAY/I<?M\7Y3S$-+)0BM''I34F7Y=RD?C6L,EL
M";TQ3-U0JY6)\5'`J8'@!1GB;7[UN]MK=O2`X$RU$I\9&`TZB:VL6XAK!(O3
MUHUWKUV+<BX1VN$QZ(R*E9(>`@H^?GF9TQ)T<(>AJ,%=EG'15-X2\*=I4CMP
M=R+FOL.OG5"HW;B?-ZFU`Q8`7HZ0ND3,7BD6JXWJ.%-88(;JR'*Q`05>FL92
M-8GWY]P'+\>$R43=BC.W]P;AK;B]Q/$+C9'6Y+C;S<Z)I;7S)C!33RB$&BI3
M`_&%/P^I3N3QAVC%.9RK+^<_PYRPU&JVVN2-.M=:K]GJ4N#]9+5BPPT;-UZ4
MC<X1C,?(PDF,5&&@YPTWCXA(KH_AM&/;\(3C!?ZQ8E:A^U<2XG.)3O[M3<W#
M9<ASK3%7:MRTBJ,PP5?E?B*3[".%)3Y+55#S\@,_HWMV="-7EW*QV[F?AVL3
M#!524IJ@VG8J5GV2GP)DUOR6-\!"6-=(L;8.`\#S$^!O$`KFK(<I=?53#A>S
M]?<7K9NG4X(1&5N3=SHFPM=MOU18[*\X?S;ZI+V.O`9<3E`\Z;#$Y4C#2E9D
MO_'>Y[5GC=R+EN-6RWZ_#T'DS)1$?6K9(,1P,E5]Q`M_`K$+*RV6T2'T-]94
MFKMQAKSHT3=D5]T9@-4Q-ON7AJ#H;1^JI,V9U?IO56N)>2"^MD96A:[I].DC
MX[#[96`#3ZY#1I90>"6FB,"OO+8P^VA[V_<0E6.<"XJ\88V9_J..XYZ(`L'S
M'Y#[T+3^NQ9GYY3ZBB3?M&*V@[Y9)*UD/D^_[[SZU/..*<5E6:O(>ME#D]'D
MN/J<?MMR=FO2_;E#H*BQE7JRH$K0LFM(FN;":M@$"(#!!8$Y,;)Q%'CO1&]Q
M>]QK8RM^HK6QK%S]Q;-!DU]6C9;$C6)?O\@9%=EFN;I*9\320>!(&97KSCQY
M_P!?_/Y_7\^<?[Q_.,_KJOUS`H4]S%YWV35E'\%-Z6TO%"RYHN4N#C2S\^#*
MF`OO8Q[:"<_U@RQ[*E^Y[D68E*<98>\2V\K^2]1XLZCF=@V!;1T\1ZX6@5-O
M*UR%QNAC+GU,0*.PK!"@VG<)-FRFL9R'&-/9;2Z:^$*2BO;[XZ6O4.O;-LW;
MJ7'M]\@)YS86RWBDX2;#H/?+D(>K.XQE26"0<RA\C,#M>EL>6DWXW'N-10R^
MM.>654\IT,WB$=V55N7L\B-9?5:A7!HYU0RCO`V=*\0,2N9@XK4K+I'Q]?GT
M?Z,ZEWI#QCE/6X_75U;%1_!.ER+:Y[Z_)-!]%O)]I"I[&[*XIQP7UK]@1]!:
MN_DT(9[#?"F.]I*]'2/(7N*T18:V@*]R6V[*-F+MNR9-);\EMZYNYPU4IV\2
MVM:QEA);C3Q=#HU2DI["&";8=83V4&8:9L*C1$=W(Z7M.-)E(^R6_O,C:EN0
MXAF&X6W5&G<&-4[(HR9^.RROY<I1K1,6E^K2;;[#\>%<K3'.X)%DD-CG1UM7
MED4\MY=$E,P?&;PG$S,P0JRUL7!1_HH6Q2C")[P!K60]B`9CGQ<`)XAQ"9$9
MD.1(,)D8[@97G"1#/;^)$+&"11VF1,XF9@BB79=TF[&43G#VNY0$)1STA([W
M@\MIMFR*BEA$A9>.;F2G"=9W>B2,RTRH1*7JS9CIRBS3;BF;-5)UIH5`_;=Y
MJG"W^J<>ZN;-VRN,%2/,.2Q+TBS2E2L0Q%;[?7*2QAM,3$2^R0J-/*B68ZP0
MQ6"8:R5\N4KTX`?#R9@;IT=*,(SB]T]F"*)#'Y!(3!3$C/YW(Y[CVG^,]_OO
M';[^_C7=$9H]1HD1F#VN-043$3!1^!QF.Q=X^X[?7:>_U]?/'RZLI1W9/HN\
M18Z!@[)KC0_#SDO6*Y"0<<+K]BZ:TD=0[-K58(IY#!<>]KE,W&BQQ540IKQ`
M-H!!D`2&1S65([0NW+WN;6?**TWJQ6*:>'Y:6@&OQL[=+]>!*A!DZ<TM8EUF
MK26R;7=;1'5AF?G)N7CX)ZPEQ\0_+%BQ#($:D4$8Z.K5P!/"MDI`9(.1ZD`4
MC$D,18XY$0,]NX]H8R([=NT&<?\`1=[Q)G'-\$8,H%G',_S&"F!/^IOS_.(G
ML7V`3]]_L!G_`&,=NZX`ZTHM*WAW+I:JUL"$.DN::H@ET/W_`$(BO[$:=V.J
M+"9=>=9C8M=]VEL2WJC8]L4#[^XSTDD9)![R\R=='1U$>0L8W3EC3-C"S\:2
M-A$9E/[/0CO)%,S/U]?<_)EQL`7E0"P%8#H;4"`#`B,1M:$1`B,1$1$?41$1
M$?#HZ.CI)\>_#HZ.CH^'PZ_$LTD_#5RP2XJ6EDQ4)*R0Z'TK4PM\$%\II#R6
MW&G%-*<:2EQ+;K:\HRK"'$*\*P='7PR9A9S$]I@"F)C_`'$]I^_E5$1+TQ,1
M,2U<3$QWB8DQB8F)^IB8^IB?]_(2>WSEWFIN?97)WD(0]<;KJ6Q!U_5E64I+
M6MM?,FX(?Q(UNJ/(*6U-"*!;4+)GR1[_`,I>98CY$TP%)"SH]'1U`^FLRWC9
M6VS++5O5UVV[+)\[%I@7WH!EAQ=V.,$*4D#81$*EK7$P`#$;*_JR$:G59>)4
M&*N-A\,X-3Q<FO$)S,>I9XOEZ5BKET%^-7/KV-&[<ON144E3;MNS:8)/>UA_
"_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
