Horizon North Logistics Inc. announces construction of two camps in Fort McMurray region

    TSX Exchange Symbol: HNL

    CALGARY, Aug. 9 /CNW/ - Horizon North Logistics Inc. ("Horizon" or "the
Company") announced today that it is planning to expand and diversify its Camp
& Catering business with the construction of two 500 man open camps to service
oil sands projects in northern Alberta. The camps will be located adjacent to
oil sands projects that are entering the construction phase and the Company is
working with those and other operators in the area to secure utilization
commitments. Combined cost of the two camps, which will be made up of
virtually 100% new equipment to be constructed at Horizon's facilities, will
amount to approximately $40 million. When fully operational in mid 2008, the
two camps will be capable of generating annual revenue of approximately
$50 million.
    "The ability to take on these large projects is the result of combining
the camp manufacturing capacity and large camp management experience, that
came with the acquisitions completed by the Company in 2006, with the
financial capabilities of Horizon. Diversifying the Company's revenue sources
with exposure to the growing, long-term oil sands market further solidifies
Horizon's operating base from which we can look to participate in northern
frontier development projects," said Ric Peterson, Horizon's Chairman and
Chief Executive Officer.


    Certain information regarding Horizon and the above described future
plans may constitute forward-looking information under applicable securities
law and necessarily involves risks, including, without limitation failure to
achieve strategic objectives. As a consequence, actual results may differ
materially from those anticipated in the forward-looking information. Readers
are cautioned that the foregoing list of factors is not exhaustive.
Furthermore, the forward-looking information contained in this news release is
provided as of the date of this news release, and Horizon undertakes no
obligation to update publicly or to revise any of the included forward-looking
information, whether as a result of new information, future events or
otherwise, except as may be expressly required by applicable securities law.

For further information:

For further information: Ric Peterson, Chairman and Chief Executive
Officer or Bob German, Vice President, Finance and Chief Financial Officer,
Telephone: (403) 517-4654, Fax: (403) 517-4678

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