Finning International Inc.

Finning International Inc.

December 15, 2008 09:30 ET

Finning Appoints Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) - Finning International Inc. ("Finning") (TSX:FTT) announces the appointment of Mr. David S. Smith as Executive Vice President and Chief Financial Officer of Finning International Inc. effective February 2, 2009.

Mr. Smith has been Chief Financial Officer of Ballard Power Systems Inc. since December 2002 with responsibility for external financial reporting, taxation, treasury, strategic planning, risk management, public and investor relations and information technology. Prior to this appointment, Mr. Smith acted as Ballard's Vice President, Controller from October, 2000. Immediately prior to joining Ballard, he spent 16 years with Placer Dome Inc. in various senior positions, including Vice President, Corporate Relations, Vice President, Business Development, and as regional Vice President and Chief Financial Officer in the United States, Chile, and Canada. Mr. Smith also was with Price Waterhouse for four years in the United States, is a Certified Public Accountant and holds a Bachelor of Science, Business Administration, from California State University, Sacramento.

"We are very pleased to appoint David as Chief Financial Officer," said Mike Waites, President and Chief Executive Officer of Finning International Inc. "David's background is an excellent fit with Finning's business. He is currently a CFO with a broad range of responsibilities and considerable experience in the capital markets. In addition, he has an extensive background in various senior management roles in the mining industry and has lived and worked in Chile. His considerable experience in the mining industry will provide an added benefit for us."

Finning International Inc. is the world's largest Caterpillar equipment dealer. The Company sells, rents and provides customer support services for Caterpillar equipment and engines in Western Canada, the U.K., and parts of South America. 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

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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