Finning International Inc.
TSX : FTT

Finning International Inc.

December 11, 2006 09:30 ET

Finning Announces Equipment Sale to North American Energy Partners Inc.

Equipment sales to oil sands expected to reach C$280 million in 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 11, 2006) - Finning International Inc. ("Finning") (TSX:FTT) announced today that its Canadian division, Finning (Canada), has received significant mining equipment orders from North American Energy Partners Inc. ("NAEPI"). NAEPI is currently taking delivery of seven 793D and four 785C haul trucks valued at over C$32 million. NAEPI has also placed mining equipment orders valued at C$19 million, including two 793D and nine 777F haul trucks, all of which are expected to be delivered in 2007.

NAEPI has added over C$91 million in new and used equipment purchases to its substantial Caterpillar fleet between 2005 and 2006. NAEPI is one of Finning's largest and longest standing customers.

"Our mining customers - especially those operating in the oil sands - are experiencing a tremendous uplift in activity," said Ian Reid, President Finning (Canada). "They continue to demonstrate confidence in the Caterpillar product line and in Finning's ability to provide exemplary levels of service, resulting in a tremendous increase in sales activity projected for 2007. We value the trust and confidence our customers have placed in our ability to serve their needs." Finning (Canada) expects the expansion and growth of oil sands mining operations near Fort McMurray to lead to equipment sales of approximately C$280 million in 2007.

Finning International Inc. is one of the world's largest Caterpillar equipment dealers. The Company sells, rents, finances and provides customer support services for Caterpillar equipment and engines in Western Canada, the U.K., and South America (Argentina, Bolivia, Chile and Uruguay). Finning also owns Hewden, the largest equipment rental business in the U.K. Headquartered in Vancouver, British Columbia, Canada, Finning International Inc. is a widely held, publicly traded corporation, listed on the Toronto Stock Exchange (symbol FTT). For additional information please visit our website at www.finning.com.

This release may contain forward-looking statements and information, which reflect the current view of Finning International Inc. with respect to future events and financial performance. Any such forward-looking statements are subject to risks and uncertainties and Finning's actual results of operations could differ materially from historical results or current expectations. Finning assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein do not materialize.

Refer to Finning's annual report, management information circular, annual information form and other filings with the Ontario Securities Commission and Toronto Stock Exchange for further information on risks and uncertainties that could cause actual results to differ materially from forward-looking statements contained in this report.


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