Exco Technologies Limited - Press Release



    TORONTO, May 6 /CNW/ - Exco Technologies Limited (TSX-XTC) announces that
it intends to renew its normal course issuer bid to acquire up to 1,500,000 of
its outstanding Common Shares, being approximately 3.7% of its outstanding
shares. As at April 29, 2009, Exco had 40,674,176 Common Shares issued and
outstanding. All purchases will be made through the facilities of and in
accordance with the rules of the Toronto Stock Exchange and all shares
purchased will be cancelled. Except where reliance is had on the Exchange's
block purchase exemption, the maximum number of Shares purchasable under the
bid on any trading day will be limited to 5,572 Common Shares. The average
daily trading volume for the six-month period ended April 30, 2009 was 22,290
Common Shares.
    The normal course issuer bid will commence on May 8, 2009 and end no
later than May 7, 2010. Management of Exco believes such purchases are an
appropriate and desirable use of available funds.
    Under Exco's existing normal course issuer bid which expires on May 7,
2009, Exco has purchased 354,200 Common Shares at a weighted average price per
share of $2.06. All of the Shares purchased under the existing bid have been
cancelled.

    Exco Technologies Limited is a global supplier of innovative technologies
servicing the die-cast, extrusion and automotive industries. Through our 10
strategic locations, we employ 1,500 people and service a diverse and broad
customer base.

    This news release may contain forward-looking information and
forward-looking statements within the meaning of applicable securities laws.
Readers are cautioned not to place undue reliance on forward-looking
information and statements, as there can be no assurance that the assumptions,
plans, intentions or expectations upon which such statements are based will
occur.

    %SEDAR: 00003420E




For further information:

For further information: Paul Riganelli, Vice-President, Finance and
Chief Financial Officer, Telephone: (905) 477-3065 Ext. 7228, Website:
http://www.excocorp.com


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