HSE Integrated Ltd. responds to Forum National Investments Ltd.'s allegations regarding obtaining HSE Integrated Ltd.'s shareholder list



    
    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
    UNITED STATES/
    

    CALGARY, Aug. 5 /CNW/ - HSE Integrated Ltd. ("HSE") (TSX-HSL) has become
aware of recent reports by Forum National Investments Ltd. ("Forum") that
Forum intends to make a court application to force HSE to provide Forum with a
current shareholders list. HSE wants to assure its shareholders that HSE is
committed to maintaining good corporate governance practices and complying
with its legal obligations. The Business Corporations Act (Alberta) (the
"ABCA"), HSE's governing statute, mandates important protections related to
the release and use of shareholder information which HSE is committed to
upholding. To date, HSE has not received the ABCA mandated documentation which
is required prior to the release of a shareholders list to Forum.
    Douglas F. Robinson, Lead Director of the Board, said "HSE is committed
to proper corporate governance and ensuring that shareholder information,
which includes the name and address of each registered shareholder and the
number of shares owned by such shareholder as shown on the corporate records,
is only provided to a person who confirms that it will be used in the manner
permitted by the ABCA".
    If Forum provides the documentation required by the ABCA to obtain a
shareholders list to HSE, HSE will meet its obligations under the ABCA. Forum
has been advised that HSE will provide its shareholders list upon receipt of
the ABCA mandated documentation. Notwithstanding this advice, Forum has yet to
comply with the ABCA requirements for release of a shareholders list.

    HSE is an integrated, national supplier of industrial Health, Safety and
Environmental services. From its head office in Calgary, Alberta, it serves
its clients from field service locations in Alberta, British Columbia,
Saskatchewan, Ontario, Nova Scotia, New Brunswick, Newfoundland-Labrador and
Michigan. HSE also operates in Midland, Texas, through a jointly owned company
called Boots & Coots HSE Services LLC. HSE trades on the TSX under the symbol
"HSL".

    Forward-Looking Statements

    Certain statements in this release constitute "forward-looking
statements" (within the meaning of the United States Private Securities
Litigation Reform Act of 1995, Section 21E of the United States Securities
Exchange Act of 1934, as amended, and Section 27A of the United States
Securities Act of 1933, as amended) or "forward-looking information" (within
the meaning of applicable Canadian securities legislation). No assurance can
be given that the results discussed herein will be attained, and certain
important factors that may cause actual results to differ materially are
contained in HSE's 2008 Annual Report and in other filings with securities
commissions in Canada as reported on the Company's profile at www.sedar.com.
Any forward-looking statements in this news release speak only as of the date
of this hews release. Except as required by law, the Company disclaims any
intention to update or revise any forward-looking statements to reflect new
events or circumstances.

    %SEDAR: 00011733E




For further information:

For further information: David Yager, Chairman & CEO, (403) 266-1833,
E-mail: dyager@hseintegrated.com

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HSE Integrated Ltd.

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