Canadian Natural Resources Limited Prices C$400 Million in 3 Year Notes

CALGARY, ALBERTA (NYSE: CNQ) ("Canadian Natural" or the "Company") has priced C$400 million principal amount of 5.50% unsecured notes due December 17, 2010 which have been sold to investors in Canada. The notes were sold at a price of C$99.951 per note to yield 5.518% to maturity.

Net proceeds from the sale of the notes will be used to repay bank indebtedness. RBC Capital Markets was co-lead and sole bookrunner, and Scotia Capital acted as co-lead on the offering. BMO Capital Markets and CIBC World Markets acted as co-managers.

The sale of the notes was the first issuance under the short form Canadian base shelf prospectus dated September 25, 2007 that allows for the issuance of debt securities in an aggregate principal amount of up to

C$3 billion.

Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore West Africa.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements.

Contacts: Canadian Natural Resources Limited Allan P. Markin Chairman (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited John G. Langille Vice-Chairman (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited Steve W. Laut President and Chief Operating Officer (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited Douglas A. Proll Chief Financial Officer and Senior Vice-President, Finance (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited Corey B. Bieber Vice-President, Finance & Investor Relations (403) 514-7777 (403) 514-7888 (FAX) Canadian Natural Resources Limited 2500, 855 - 2nd Street S.W. Calgary, Alberta T2P 4J8 Email: ir@cnrl.com Website: www.cnrl.com

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