CE Franklin Ltd. - Conference call announcement


                           Friday, October 26, 2007

                           11:00 a.m., Eastern Time

    CALGARY, Sept. 25 /CNW/ - CE Franklin Ltd. will release its earnings
report for the Third Quarter Ended September 30, 2007, through CNW Group, on
Thursday, October 25, 2007 after the close of the market. It will also be
posted on the Company's website at http://www.cefranklin.com.
    The Company will then host its financial analyst conference call on
Friday, October 26, 2007 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time)
to discuss its earnings report for the Third Quarter Ended September 30, 2007.
    Participants may join the call by dialing 1-416-644-3416 in Toronto or
dialing 1-800-732-9303 at the scheduled time of 11:00 a.m. Eastern Time. For
those unable to listen to the live conference call, a replay will be available
at approximately 1:00 p.m. Eastern Time on the same day by calling
1-416-640-1917 in Toronto or dialing 1-877-289-8525 and entering the Passcode
of 21248142 followed by the pound sign and may be accessed until midnight
Friday, November 2, 2007.
    The call will also be webcast live at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2024000. The webcast
will also be available on the Company's website at http://www.cefranklin.com.
    Michael West, Chairman, President and Chief Executive Officer will lead
the discussion and will be accompanied by Mark Schweitzer, Vice President and
Chief Financial Officer. The discussion will be followed by a question and
answer period. The call is scheduled for a maximum of 45 minutes.
    Thank you for your interest in CE Franklin. We look forward to your
participation in the conference call.

    About CE Franklin

    CE Franklin distributes products and provides services and solutions to
the Canadian oil and gas industry. These products, services and solutions are
used for projects involving drilling and completions, production and
maintenance and capital construction. The Company was established more than
50 years ago and has a network of over 40 branches as well as many various
inventory stocking points across Canada primarily in the Western Canadian
Sedimentary Basin. All are connected by state-of-the-art technology that
provides our customers with a sophisticated supply chain management solution.
    Smith International, Inc. is a major shareholder and owns approximately
51%, of the Company's outstanding shares, and CE Franklin partners with Wilson
Supply, a wholly owned subsidiary of Smith International. CE Franklin trades
on the TSX under the symbol CFT and on the AMEX under the symbol CFK.
    Our employees are committed to delivering on the promises we have made to
our customers, partners, vendors, communities and shareholders. We promise to
listen, to improve, to work in partnership, to improve economics, to generate
new ideas and to create and build value.

For further information:

For further information: Investor Relations, (800) 345-2858, (403)
531-5604, investor@cefranklin.com

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CE Franklin Ltd.

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