Goodfellow Inc. Announces Changes to its Board of Directors

Goodfellow Inc. Announces Changes to its Board of Directors 
DELSON, QUEBEC -- (Marketwire) -- 11/07/12 -- The Board of Directors
of Goodfellow Inc. (TSX:GDL) announced today that Mr. Claude Garcia
will be appointed as Chairman of the Board effective immediately. Mr.
Garcia was the President and CEO in Canada of The Standard Life
Assurance Company and associated companies for more than 20 years. He
has numerous directorships in publicly traded companies and has
proven to be a resourceful director during the last 7 years with
Goodfellow. Mr. Garcia replaces Mr. Stephen Jarislowsky who acted as
Chairman for over 20 years. Mr. Jarislowsky will remain a director of
the Company as Honorary Chairman and will stand for election at the
next Annual General Meeting of the Shareholders. 
Furthermore, Mr. Normand Morin, an independent director, will be
appointed as Chairman of the Audit Committee effective immediately.
Mr. Morin was elected as director at the last Annual General Meeting
of the Shareholders. He is currently a director at Canam Group Inc.
and GLV Inc. 
Goodfellow's shares are traded on the Toronto Stock Exchange (ticker
symbol: GDL). 
Contacts:
Goodfellow Inc.
Richard Goodfellow
President and CEO
450-635-6511
450-635-3730 (FAX)
info@goodfellowinc.com