Mullen Group Ltd. Announces Change of Auditors for 2014

           Mullen Group Ltd. Announces Change of Auditors for 2014

PR Newswire

OKOTOKS, AB, March 12, 2014

OKOTOKS, AB,  March 12,  2014 /PRNewswire/  - (TSX:  MTL) Mullen  Group  Ltd. 
("Mullen Group"  and/or  the "Corporation")  today  announced that  its  Audit 
Committee has completed  a review  process in  relation to  its audit  service 
provider. The process was undertaken with the primary objectives of evaluating
the expertise available  to the  Board of Directors  of Mullen  Group and  the 
market cost of Mullen Group's audit services.

The Audit Committee  conducted this review  over the past  several months  and 
assessed a proposal  for audit  services from  one of  Canada's largest  audit 
firms against its existing auditor's audit plan for the year ended 2013. Both
firms have  significant  experience  and  local,  national  and  international 
expertise. At the conclusion  of the process, the  Board of Directors, on  the 
recommendation of the Audit Committee, has unanimously determined to  commence 
the process of changing Mullen Group's auditor to PricewaterhouseCoopers LLP.

Mullen Group's existing auditors, KPMG  LLP, had been Mullen Group's  auditors 
since 1993. KPMG LLP  has completed its audit  and related filings for  Mullen 
Group's financial year ended December 31, 2013. PricewaterhouseCoopers LLP  is 
being proposed for appointment  as auditor at  Mullen Group's upcoming  annual 
shareholders' meeting. There were no disagreements with KPMG LLP on any matter
of accounting  principles or  practices,  financial statement  disclosure,  or 
auditing scope or procedure for the period in which KPMG LLP provided auditing
services, including any "reportable event", as defined in National  Instrument 
51-102 - Continuous Disclosure Obligations. Indeed, the relationship with KPMG
LLP has been very positive and professional over the years.

"This process  is  consistent with  our  philosophy of  cost  discipline.  Our 
relationship with PricewaterhouseCoopers LLP is expected to benefit the Board,
management and  Mullen Group's  shareholders," stated  Mr. Murray  K.  Mullen, 
Chairman and Chief Executive Officer. "This process required the entire  Audit 
Committee to invest  a significant  amount of  their time  and expertise,  for 
which we are grateful," added Mr. Mullen.

The Audit Committee, on behalf of the Board of Directors, would like to  thank 
KPMG  LLP  for  its  services  and  contributions  to  Mullen  Group  and  its 
shareholders.

Mullen Group  is a  company  that owns  a  network of  independently  operated 
businesses. Mullen Group provides a wide range of specialized  transportation 
and related services to the oil and natural gas industry in western Canada and
is one of the leading suppliers of trucking and logistics services in Canada -
two sectors  of  the  economy  in  which  Mullen  Group  has  strong  business 
relationships and industry leadership.  Mullen Group provides management  and 
financial  expertise,  technology  and  systems  support  to  its  independent 
businesses.

Mullen Group is  a publicly  traded corporation  listed on  the Toronto  Stock 
Exchange under the symbol "MTL".  Additional information is available on  our 
website at www.mullen-group.com or on SEDAR at www.sedar.com.

SOURCE Mullen Group Ltd.

Contact:

Mr. Murray K. Mullen - Chairman of the Board and Chief Executive Officer
Mr. Stephen H. Lockwood - Co-Chief Executive Officer and President
Mr. P. Stephen Clark - Chief Financial Officer

121A - 31 Southridge Drive
Okotoks, Alberta, Canada T1S 2N3
Telephone: 403-995-5200
Fax: 403-995-5296
 
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