Exhibit 99.1
Annual Meeting of Shareholders of
PETRO-CANADA
April 24, 2007
REPORT OF VOTING RESULTS
National Instrument 51-102 - Continuous Disclosure Obligations Section 11.3
| 1. | The following directors were elected to hold office until the next Annual Meeting of Shareholders or until their successors are appointed: |
| | Votes for | Percent | Votes Withheld | Percent |
Ron A. Brenneman | 289,459,417 | 99.71% | 849,437 | 0.29% |
Gail Cook-Bennett | 289,488,286 | 99.72% | 820,568 | 0.28% |
Richard J. Currie | 284,173,448 | 97.89% | 6,135,406 | 2.11% |
Claude Fontaine | 287,057,738 | 98.88% | 3,251,116 | 1.12% |
Paul Haseldonckx | 289,502,167 | 99.72% | 806,687 | 0.28% |
Thomas E. Kierans | 288,297,766 | 99.31% | 2,011,088 | 0.69% |
Brian F. MacNeill | 287,024,082 | 98.87% | 3,284,772 | 1.13% |
Maureen McCaw | 288,183,316 | 99.27% | 2,125,538 | 0.73% |
Paul D. Melnuk | 289,496,872 | 99.72% | 811,982 | 0.28% |
Guylaine Saucier | 288,204,642 | 99.28% | 2,104,212 | 0.72% |
| James W. Simpson | 287,081,232 | 98.89% | 3,227,622 | 1.11% |
| 2. | Deloitte & Touche LLP, Chartered Accountants, was appointed to serve as Petro-Canada’s independent auditors until the next Annual Meeting of Shareholders, with the directors to fix its remuneration: |
Votes for | Votes Withheld |
289,346,799 | 962,055 |
(99.67%) | (0.33%) |
Anyone wishing additional information may contact Investor Inquiries at (403) 296-4040; fax (403) 296-3061 or by email at investor@petro-canada.ca
/s/ Hugh L. Hooker
Hugh L. Hooker
Chief Compliance Officer, Corporate
Secretary, Associate General Counsel
