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or Name
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CA



CE Franklin Ltd
Symbol CFT
Shares Issued 18,029,876
Close 2012-04-16 C$ 8.41
Market Cap C$ 151,631,257
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CE Franklin appoints Garbutt director, Kennedy resigns

2012-04-16 20:29 ET - News Release

Mr. Michael West reports

CE FRANKLIN LTD. ANNOUNCES CHANGE TO THE BOARD OF DIRECTORS

Donna Garbutt, president of Schlumberger Canada Ltd., an affiliate of CE Franklin Ltd.'s majority shareholder, has been appointed as the new Schlumberger representative to the board of directors of CE Franklin. Ms. Garbutt replaces John Kennedy, who has stepped down from the board due to the recently announced sale by Schlumberger Ltd. of its Wilson distribution business in the United States. Mr. Kennedy is the president of Wilson.

Ms. Garbutt has over 25 years experience in the oil and gas industry. Her career has included a wide range of positions, covering many different geographic markets worldwide. She has a master of business administration from Athabasca University in Canada and has been recognized as a finalist for several awards, including the Woman of Achievement Award in Alaska in 2001, the 2003 U.S. Energy Woman of the Year in Washington and in 2006 the Blackberry Women in Technology award in the United Kingdom.

"We thank John Kennedy for his 13 years of valuable service and guidance he provided while on the CE Franklin board of directors and welcome Donna Garbutt," said president and chief executive officer Michael S. West.

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