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Thursday, 04/27/2006 4:13:14 PM

Thursday, April 27, 2006 4:13:14 PM

Post# of 173801
CFK EPS C.47 v C.32, Revs. C176M v C128M. Good quarter but Q2 might not be great:

Outlook
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The second quarter represents spring breakup in Canada as warm weather returns and the winter's frost comes out of the ground rendering many secondary roads incapable of supporting heavy equipment until the roads have dried out. As a result activity levels and the Company's revenue are expected to decline dramatically during the second quarter.

Strong commodity prices continue to support high demand for CE Franklin's products and services in Canada. Many industry watchers are predicting high levels of activity to continue through the third and fourth quarters of 2006. As a result, CE Franklin management remains optimistic regarding the continuation of strong demand for the Company's products and services in Canada.

CE Franklin is committed to outperform market activity.

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