CE Franklin Ltd. announces new Chief Financial Officer

CALGARY, May 17 /CNW/ - CE Franklin Ltd. (TSX.CFT, AMEX.CFK) announced
today the appointment of Randall Henderson as Vice President and Chief
Financial Officer effective June 1, 2006.
Mr. Henderson has held senior positions in both public and private
companies. Randy replaces Mr. Salvatore Secreti who announced his resignation
(see press release dated January 16, 2006) effective May 31, 2006.
"Randy's executive experience and background will provide the financial
leadership we require to execute our growth strategy," said Michael West,
Chairman, President and CEO. "We welcome him to CE Franklin Ltd. as our Chief
Financial Officer."
Thank you for your interest in CE Franklin.

About CE Franklin

CE Franklin distributes products and provides services and solutions to
the Canadian oil and gas industry. These products, services and solutions are
used for projects involving drilling and completions, production and
maintenance and capital construction. The Company was established more than
50 years ago and has a network of 41 branches as well as many various
inventory stocking points across Canada primarily in the Western Canadian
Sedimentary Basin. All are connected by state-of-the-art technology that
provides our customers with a sophisticated supply chain management solution.
Smith International, Inc. is a major shareholder and owns 53.3%, of the
Company's outstanding shares, and CE Franklin partners with Wilson Supply, a
wholly owned subsidiary of Smith International. CE Franklin trades on the TSX
under the symbol CFT and on the AMEX under the symbol CFK.
Our employees are committed to delivering on the promises we have made to
our customers, partners, vendors, communities and shareholders. We promise to
listen, to improve, to work in partnership, to improve economics, to generate
new ideas and to create and build value.