Mr. Mauk Breukels reports

FINNING ANNOUNCES ISSUANCE OF GBP 70 MILLION OF NOTES IN THE PRIVATE PLACEMENT MARKET

Finning International Inc. has completed a private placement of 70 million British pounds principal amount of senior unsecured notes. The sale of notes is composed of one series: the 70-million-British-pound 3.40-per-cent senior notes, Series F, due May 22, 2023.

The 10-year notes will rank pari passu with Finning's existing senior unsecured obligations. Proceeds will be used to finance the repayment of the company's current 5.625-per-cent 70-million-British-pound eurobond, due May 30, 2013.