Finning Announces Board of Directors Appointment

Finning Announces Board of Directors Appointment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/08/12 -- Finning
International Inc. (TSX:FTT) is pleased to announce that Mr. Mike
Wilson has been appointed to Finning's Board of Directors, effective
January 2013.  
Mr. Wilson has more than 30 years of international and executive
management experience in the agricultural and chemical industries. He
is currently President and Chief Executive Officer of Agrium Inc.  
Prior to joining Agrium, Mr. Wilson served as President of Methanol
and President and Chief Operating Officer for Methanex Corporation.
In addition, he has held various senior positions in North America
and Asia during his 18 years with Dow Chemical.  
Mr. Wilson, a resident of Canada, also serves as director on the
public boards of Agrium Inc. and Celestica Inc. and is a director of
the Alberta Economic Development Authority and the Calgary Prostate
Cancer Institute. He is a graduate of the University of Waterloo,
Ontario where he earned his degree in Chemical Engineering.  
As a result of this appointment, Finning's Board membership will be
increased to eleven directors.  
"We welcome Mike to our Board and are confident that his vast
experience and skills will enhance our Board and strengthen our
ability to support management in their commitment to driving
shareholder value creation," said Mr. Doug Whitehead, Chairman of the
Board of Finning International Inc.  
Finning International Inc. (TSX:FTT) is the world's largest
Caterpillar equipment dealer delivering unrivalled service to
customers since 1933. Finning sells, rents and services equipment and
engines to help customers maximize productivity. Headquartered in
Vancouver, B.C., the Company operates in Western Canada, Chile,
Argentina, Bolivia, Uruguay, as well as in the United Kingdom and
Forward Looking Information  
This report contains statements about the Company's business outlook,
objectives, plans, strategic priorities and other statements that are
not historical facts. A statement Finning makes is forward-looking
when it uses what the Company knows and expects today to make a
statement about the future. Forward-looking statements may include
words such as aim, anticipate, assumption, believe, could, expect,
goal, guidance, intend, may
, objective, outlook, plan, project, seek,
should, strategy, strive, target, and will. Forward-looking
statements in this report include, but are not limited to, statements
with respect to: expectations with respect to the economy and
associated impact on the Company's financial results; expected
revenue and SG&A levels and EBIT growth; anticipated generation of
free cash flow (including projected net capital and rental
expenditures), and its expected use; anticipated defined benefit plan
contributions; the expected target range of Debt Ratio; the impact of
new and revised IFRS that have been issued but are not yet effective;
growth prospects for the former Bucyrus business acquired by the
Company in Finning's dealership territories (Bucyrus) and the
competitive advantages of the business being acquired; expected
future financial and operating results generated from Bucyrus;
anticipated benefits and synergies of Bucyrus; and the expected
impact of Bucyrus on Finning's earnings. All such forward-looking
statements are made pursuant to the 'safe harbour' provisions of
applicable Canadian securities laws.  
Unless otherwise indicated by us, forward-looking statements in this
report describe Finning's expectations at November 7, 2012. Except as
may be required by Canadian securities laws, Finning does not
undertake any obligation to update or revise any forward-looking
statement, whether as a result of new information, future events, or
Forward-looking statements, by their very nature, are subject to
numerous risks and uncertainties and are based on several assumptions
which give rise to the possibility that actual results could differ
materially from the expectations expressed in or implied by such
forward-looking statements and that Finning's business outlook,
objectives, plans, strategic priorities and other statements that are
not historical facts may not be achieved. As a result, Finning cannot
guarantee that any forward-looking statement will materialize.
Factors that could cause actual results or events to differ
materially from those expressed in or implied by these
forward-looking statements include: general economic and market
conditions; foreign exchange rates; commodity prices; the level of
customer confidence and spending, and the demand for, and prices of,
Finning's products and services; Finning's dependence on the
continued market acceptance of Caterpillar's products and
Caterpillar's timely supply of parts and equipment; Finning's ability
to continue to improve productivity and operational efficiencies
while continuing to maintain customer service; Finning's ability to
manage cost pressures as growth in revenues occur; Finning's ability
to reduce costs in response to slowing activity levels; Finning's
ability to attract sufficient skilled labour resources to meet
growing product support demand; Finning's ability to negotiate and
renew collective bargaining agreements with satisfactory terms for
Finning's employees and the Company; the intensity of competitive
activity; Finning's ability to successfully integrate the
distribution and support business formerly operated by Bucyrus after
that transaction closes; Finning's ability to raise the capital
needed to implement its business plan; regulatory initiatives or
proceedings, litigation and changes in laws or regulations; stock
market volatility; changes in political and economic environments for
operations; the integrity, reliability, and availability of
information technology and the data processed by that technology;
operational benefits from the new ERP system. Forward-looking
statements are provided in this report for the purpose of giving
information about management's current expectations and plans and
allowing investors and others to get a better understanding of
Finning's operating environment. However, readers are cautioned that
it may not be appropriate to use such forward-looking statements for
any other purpose.  
Forward-looking statements made in this report are based on a number
of assumptions that Finning believed were reasonable on the day the
Company made the forward-looking statements. Refer in particular to
the Outlook section of the MD&A. Some of the assumptions, risks, and
other factors which could cause results to differ materially from
those expressed in the forward-looking statements contained in this
report are discussed in the Company's current Annual Information Form
(AIF) in Section 4.  
Finning cautions readers that the risks described in the AIF are not
the only ones that could impact the Company. Additional risks and
uncertainties not currently known to the Company or that are
currently deemed to be immaterial may also have a material adverse
effect on Finning's business, financial condition, or results of
Except as otherwise indicated, forward-looking statements do not
reflect the potential impact of any non-recurring or other unusual
items or of any dispositions, mergers, acquisitions, other business
combinations or other transactions that may be announced or that may
occur after the date hereof. The financial impact of these
transactions and non-recurring and other unusual items can be complex
and depends on the facts particular to each of them. Finning
fore cannot describe the expected impact in a meaningful way or
in the same way Finning presents known risks affecting its business.
Finning International Inc.
Mauk Breukels
Vice President, Investor Relations and Corporate Affairs
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