Canadian Equipment Rental Fund Limited Partnership Announces Exclusive Marketing Arrangement with Wacker Neuson Limited



    TSX Venture Symbol: CFL.UN

    CALGARY, June 9 /CNW/ - Mr. Wayne Wadley, president of CERF GP Corp., the
general partner of Canadian Equipment Rental Fund Limited Partnership
("CERF"), is pleased to announce that it has signed an agreement with Wacker
Neuson Limited to sell and service it's complete line of compact construction
equipment. These product lines include mini and compact excavators, wheeled
compact loaders and dumpers. Wacker Neuson's wheeled loader line offers both
articulating steering and fixed frame all wheel steering loaders. Typical
applications for the line range from general contractors to municipal,
industrial and recycling sectors. CERF through its 4-Way Equipment Rentals
operation in Edmonton will be the exclusive distributor of this equipment in
the north-central regions of Alberta.
    Wayne Wadley comments, "We are excited to become the exclusive
distributor for Wacker Neuson's compact equipment lines for northern Alberta.
Their equipment has a long and well proven track record in Europe and we are
confident that it will also be well received by the construction industry in
western Canada. We are confident that the design features, durability and
favorable fuel consumption rates of this equipment will quickly become the
choice of our customers. We have had a good long standing relationship with
Wacker Neuson over the years and appreciate their quality equipment and
commitment to customer service. We will also be putting this equipment into
our rental fleet for our customers."

    CERF LP is an Alberta limited partnership engaged in the rental, sale and
service of industrial and construction equipment. CERF LP trades on the TSX
Venture Exchange under the symbol "CFL.UN" and currently has 5,781,028 units
issued and outstanding.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00022335E




For further information:

For further information: Wayne Wadley, President and CEO, CERF GP Corp.,
general partner of CERF LP, Telephone: (403) 850-4095, E-mail:
wwadley@cerflp.com; Ken Stephens, CFO, CERF GP Corp., general partner of CERF
LP, Telephone: (403) 298-8695, Fax: (403) 269-3540, E-mail:
kstephens@cerflp.com

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CANADIAN EQUIPMENT RENTAL FUND LIMITED PARTNERSHIP

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