Foraco International announces appointment of Warren Holmes to Board of Directors


    TORONTO and MARSEILLES, Dec. 3 /CNW/ - Foraco International SA (TSX: FAR)
("Foraco"), a leading global provider of diversified drilling services, is
pleased to announce the appointment of Mr. Warren Holmes to its Board of
Directors, effective immediately.
    "Mr. Holmes brings to Foraco more than 40 years of experience in the
mining industry, including his recent position as Senior Vice-President,
Canadian Mining Operations for Falconbridge," said Daniel Simoncini, Chairman
and Chief Executive Officer. "We look forward to his guidance and strategic
input as we move forward in building our international presence."
    Mr. Holmes currently serves as Chairman of Nuinsco Resources Limited and
Victory Nickel Inc. He is also a Director of several other public and private
mining companies and is Co-Chair of the Ontario Mining Cluster, an initiative
sponsored by Ontario's Ministry of Northern Development and Mines. He
previously held increasingly senior managerial and executive level positions
with Falconbridge Ltd., including his most recent role as Senior
Vice-President of the Canadian Mining Operations. Mr. Holmes holds an MBA from
the University of Western Ontario and a Bachelor of Science, Engineering, from
Queen's University. Warren has been honoured with the Canadian Institute of
Mining, Metallurgy and Petroleum ("CIM") District Proficiency Award and the
CIM Past President's Medal, in recognition for his significant professional
contribution to the mineral industry.
    Foraco also announced that Mr. Richard LaBelle has resigned from the
Board of Directors to dedicate his time fully to other professional
commitments. Mr. LaBelle will be available to provide consulting services to
Foraco going forward. Senior management of Foraco extends its gratitude to Mr.
LaBelle for his diligent service during his tenure on the Board of Directors,
especially during the initial public offering process.

    About Foraco

    Foraco (TSX: FAR) is a worldwide drilling service provider headquartered
in Marseille, France. The Company provides a diverse range of drilling
services to the minerals, energy, water, environmental and infrastructure
sectors. The Company currently operates 100 drilling rigs, with a presence in
16 countries across five continents. For more information about Foraco, visit

    Caution concerning forward-looking statements

    This press release may contain "forward-looking statements" and
"forward-looking information" within the meaning of applicable securities
laws. These statements and information include estimates, forecasts,
information and statements as to management's expectations with respect to,
among other things the future financial or operating performance of the
Company and capital and operating expenditures. Often, but not always,
forward-looking statements and information can be identified by the use of
words such as "may", "will", "should", "plans", "expects", "intends",
"anticipates", "believes", "budget", and "scheduled" or the negative thereof
or variations thereon or similar terminology. Forward-looking statements and
information are necessarily based upon a number of estimates and assumptions
that, while considered reasonable by management, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. Readers are cautioned that any such forward-looking statements
and information are not guarantees and there can be no assurance that such
statements and information will prove to be accurate and actual results and
future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed under the heading
"Risk Factors" in the Company's final prospectus dated July 23, 2007, which is
filed with Canadian regulators on SEDAR ( The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements and information whether as a result of new information, future
events or otherwise. All written and oral forward-looking statements and
information attributable to us or persons acting on our behalf are expressly
qualified in their entirety by the foregoing cautionary statements.

    %SEDAR: 00025480E

For further information:

For further information: Bruce Wigle, Investor Relations, The Equicom
Group, T: (416) 815-0700 X 228, F: (416) 815-0080, E:

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