ShawCor Announces Contract To Provide Pipe Coating Services For The Enbridge Alberta Clipper Pipeline



    TSX: SCL.A, SCL.B

    TORONTO, June 18 /CNW/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced
its subsidiary, Shaw Pipe Protection Ltd., has received a contract with a
value in excess of $50 million to provide coatings for the Enbridge Alberta
Clipper project. Coating will commence in the third quarter of 2008 at the
company's Regina pipe coating facility.
    Enbridge's Alberta Clipper project will consist of approximately 1,600 km
of 36" pipe and will be coated with fusion bonded epoxy anti-corrosion coating
and a dual layer fusion bonded epoxy coating for sections of the pipeline
requiring additional protection during construction. Shaw Pipe Protection will
also provide Enbridge with rail car loading services for the coated pipe. This
project is a crude oil pipeline that will extend from Hardisty, Alberta to
Superior, Wisconsin and is expected to be in service by mid-2010.

    ShawCor Ltd. is an energy services company specializing in products and
services for the pipeline and pipe services and the petrochemical and
industrial segments of the oil and gas industry. The company operates through
six divisions with over sixty manufacturing and service facilities located
around the world.

    Shaw Pipe Protection Ltd. is a wholly owned unit of Bredero Shaw,
ShawCor's largest division. Bredero Shaw is the global leader in pipe coating
solutions and employs approximately 4,000 permanent and contract personnel
located at offices and facilities in fifteen countries. The division provides
specialized coating systems and related services for corrosion protection,
insulation and weight coating applications on land and marine pipelines
including highly engineered corrosion and insulation systems for deepwater
applications.

    This new release contains forward-looking information within the meaning
of applicable securities laws. Words such as "may", "will", "should",
"anticipate", "plan", "expect", "believe", "predict", "estimate", and similar
terminology are used to identify forward-looking information. This forward
looking information is based on assumptions, estimates and analysis made in
light of the company's experience and its perception of trends, current
conditions and expected developments, as well as other factors that are
believed by the company to be reasonable and relevant in the circumstances.
Forward-looking information involves known and unknown risks, uncertainties
and other factors which may cause actual results, performance or achievements
to be materially different from those predicted, expressed or implied by the
forward-looking information. The risks and uncertainties include, among other
things, changes in global economic activity and changes in energy supply and
demand which impact on the level of drilling activity and pipeline
construction; political, economic and other risks arising from international
operations; compliance with environmental, trade and other laws; liability
claims; fluctuations in foreign exchange rates and fluctuations in raw
material prices, as well as other risks and uncertainties that are more fully
described in the company's Annual Information Form, annual and quarterly
reports and in other reports and filings made with securities regulatory
authorities and available at www.sedar.com.





For further information:

For further information: ShawCor Ltd., Gary Love, Vice President,
Finance and CFO, Tel: (416) 744-5818, E-mail: glove@shawcor.com, Website:
www.shawcor.com

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ShawCor Ltd.

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