FOR IMMEDIATE RELEASE
CE Franklin Ltd. Switches to the NASDAQ Stock Market
Calgary, Alberta, April 2, 2009 – CE Franklin Ltd. (TSX.CFT, NYSE Alternext US: CFK) announced
today that its board of directors has approved management’s decision to switch the listing of its
common stock from the NYSE Alternext US stock exchange (“Alternext”) to the NASDAQ Stock
Market LLC (“NASDAQ”). The last day of trading on Alternext will be Monday, April 13, 2009.
The company’s shares will commence trading on the NASDAQ Global Market on Tuesday,
April 14, 2009 under its current symbol, “CFK”.
“This decision was reached after careful consideration of capital market alternatives and
analysis of the electronic market model, which provides added visibility to our investors,” said
Michael West, President and Chief Executive Officer of CE Franklin Ltd. “We believe that
NASDAQ’s electronic multiple market maker structure will provide our company with
enhanced exposure and liquidity, while at the same time providing investors with the best
prices, the fastest execution, and the lowest cost per trade. We are proud to be a part of
NASDAQ is the world’s largest electronic stock market, and hosts approximately 3,200 U.S.
companies, more than any other U.S. stock market. NASDAQ attracts leading growth
companies from a diverse group of sectors, including technology, retail, communications,
financial services, transportation, media and biotechnology.
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 oil sands, 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