CE Franklin Ltd. Names New Board Member

    CALGARY, March 19 /CNW/ - CE Franklin Ltd. (TSX.CFT, AMEX.CFK) today
announced the appointment of Don McKenzie, President and Chief Executive
Officer of M-I SWACO, a 60%-owned subsidiary of Smith International Inc., to
the board of directors effective immediately. Don's extensive North American
and International oilfield services experience aligns with CE Franklin's
strategic initiatives.
    CE Franklin also announced today that Doug Rock, who has been on the
board since 1999, has stepped down effective today. Doug initiated discussions
with the Board several months ago about stepping down due to time constraints
associated with his responsibilities at Smith International Inc. He targeted
the March 19, 2008 date and has worked closely with the Board to help identify
a successor and ensure an orderly transition process.
    "Doug has been a great partner and, on behalf of the entire Board, I want
to thank him for his commitment and contribution to CE Franklin over the last
nine years as well as his commitment to the business going forward," said
Michael West, Chairman, President and CEO. "We are excited that Don McKenzie
is joining the Board, adding a wealth of experience and continuing the
diversity of knowledge available to the Company."

    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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