CE Franklin Ltd. - Conference call announcement

                  First quarter 2008 results and discussion

                           Friday, April 25, 2008

                          11:00 a.m., Eastern Time

    CALGARY, March 25 /CNW/ - CE Franklin Ltd. will release its earnings
report for the First Quarter Ended March 31, 2008, through CNW Group, on
Thursday, April 24, 2008 after the close of the markets. 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, April 25, 2008 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) to
discuss its earnings report for the First Quarter Ended March 31, 2008.
    Participants may join the call by dialing 1-416-644-3414 in Toronto or
dialing 1-800-733-7571 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 21267188 followed by the pound sign and may be accessed until midnight
Monday, May 5, 2008.
    The call will also be webcast live at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2209460 and will 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.
    Thank you for your interest in CE Franklin. We look forward to your
participation in the conference call.

    About CE Franklin

    For more than half a century, CE Franklin has been a leading supplier of
products and services to the energy industry. CE Franklin distributes pipe,
valves, flanges, fittings, production equipment, tubular products and other
general oilfield supplies to oil and gas producers in Canada as well as to the
oilsands, refining, heavy oil, petrochemical, forestry and mining industries.
These products are distributed through its 44 branches, which are situated in
towns and cities serving particular oil and gas fields of the western Canadian
sedimentary basin.

    Forward-looking Statements: The information in this news release may
contain "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934
and other applicable securities legislation. All statements, other than
statements of historical facts, that address activities, events, outcomes and
other matters that CE Franklin plans, expects, intends, assumes, believes,
budgets, predicts, forecasts, projects, estimates or anticipates (and other
similar expressions) will, should or may occur in the future are
forward-looking statements. These forward-looking statements are based on
management's current belief, based on currently available information, as to
the outcome and timing of future events. When considering forward-looking
statements, you should keep in mind the risk factors and other cautionary
statements and refer to the Form 20-F or our annual information form for
further detail.

For further information:

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

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