Finning Collective Agreement Alberta

The agreement provides for a 5.25 per cent pay increase and expires on April 30, 2013. The subdivision has approximately 1,700 finning workers every hour in Alberta and the Northwest Territories. Vancouver, British Columbia–(Marketwire – March 12, 2012) – Finning International Inc. (TSX:FTT) today announced that the Canadian Division Finning Canada and the International Association of Machinist and Aerospace Workers – Local Lodge 99 (“IAMAW”) have approved a one-year extension of the current collective agreement. Forward-looking statements are, by their very nature, subject to numerous risks and uncertainties and are based on several assumptions that raise the possibility that actual results may differ materially from those expressed or implied in such forward-looking statements, and that Finnings` business prospects, objectives, plans, strategic priorities and other statements that are not historical facts may not be realized. Therefore, Finning cannot guarantee the arrival of a forward-looking statement. Factors that could cause actual results or events to differ materially from the factors expressed or implied in these forward-looking statements are: general economic conditions and market conditions; Exchange rates Commodity prices; Customer confidence and expenses, as well as demand and prices for finning products and services; Dependence on finning for the continued acceptance of Caterpillar products on the market and The timely supply of parts and equipment by Caterpillar; Finning`s ability to further improve productivity and operational efficiency while maintaining customer service; Finnings` ability to cope with cost pressure with revenue growth; Finning`s ability to attract enough skilled workers to meet the growing demand for product assistance; Finning`s ability to negotiate and renew collective agreements under conditions that are satisfactory to Finning employees and the company; The intensity of competitive activity Finning`s ability to successfully integrate Bucyrus` distribution and support activities as a result of this transaction; Finning`s ability to raise the capital needed to implement its business plan; regulatory initiatives or procedures, litigation and changes to legislation or regulations; Volatility in equity markets Changes in the political and economic environment of operations; Integrity, reliability and availability of information and data technologies processed by this technology.

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