Renault Sport awards a 3-year contract to Mecachrome for the manufacture and assembly of F1 engines

    MONTREAL, Nov. 22 /CNW Telbec/ - Mecachrome International (TSX : MCH)
announced today that it renewed its contract with Renault Sport, on an
exclusive basis, for the manufacture and assembly of Formula One engines
developed by Renault Sport. The contract is for three years, beginning with
the 2008 F1 season until the end of the 2010 season.
    Renault Sport and Mecachrome have been collaborating for many years in
the high performance motor sports sector, particularly in the Formula One
World Championship, and have developed a long-term partnership based on their
respective know-how and experience.

    About Renault Sport

    Renault Sport is the motor sports division of French automobile
manufacturer Renault involved in the development of Formula 1 engines. Renault
Sport develops the engines for the Renault Formula 1 cars. Renault has been
involved in the motorsport sector for over a century. Since 1992, Renault
Sport has won eight Formula 1 Constructor World Championship. For additional
information, please visit :

    About Mecachrome

    Mecachrome is a leader in the design, engineering, manufacture and
assembly of complex precision-engineered components for aircraft and
automotive applications, including aerostructural and aircraft engine
components, high-end automobile engine components and motor racing engines.
Since 1937, Mecachrome has established a significant presence and global
reputation in certain high-precision sectors of the aerospace, automotive and
industrial equipment industries, providing services primarily to original
equipment manufacturers. The company currently operates 11 state-of-the-art
facilities, principally in France and Canada, and employs over 2,000
employees. For additional information, please visit :

For further information:

For further information: Elina Tea, Director, Investor
Relations/Corporate Finance, (514) 373-2009,

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