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FT SERVICES COMPLETES SUCCESSFUL EXECUTION OF SHELL SCOTFORD TURNAROUND

June 17, 2010

CALGARY, AB - FT Services announced today the successful completion of its scope of work as a general contractor for Shell Canada's turnaround at the Scotford Upgrader near Fort Saskatchewan, Alberta. FT Services led a key portion of the mechanical maintenance alongside Shell and executed a safe turnaround (more than 500,000 work hours) with zero recordable injuries.

FT Services President and CEO, Michael Wandmaker, said, "The FT Services team is to be commended for their exemplary safety record of working the entire turnaround without a recordable injury." Mr. Wandmaker added, "Our team, which at peak included about 650 people completed their scope of work within schedule and budget."

BACKGROUND 

FT Services was formed in August 2006 to deliver operations and maintenance solutions to the oil and gas, mining and mineral processing, petrochemical and power generation sectors in Canada. FT Services brings together Transfield Services' global experience in asset management and maintenance of complex systems and technologies, together with Flint Energy Services' extensive Canadian hydrocarbons expertise and customer relationships. FT Services' business model provides best practices in safety performance, asset management and turnaround management systems and project execution. Our approach leads to a demonstrable step change in asset performance through our collaborative contracting approach. www.ft-serv.com  

Flint Energy Services Ltd. is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services; infrastructure construction; oilfield transportation; and maintenance services.  Flint, with more than 10,000 employees, provides this unique breadth of products and services through over 60 strategic locations in the oil and gas producing areas of Western North America, from Inuvik in the Northwest Territories to Mission, Texas on the Mexican border.  Flint is a preferred provider of infrastructure construction management, module fabrication, maintenance services for upgrading, and production facilities in Alberta's oil sands sector. http://www.flintenergy.com/ 

Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia. Transfield Services Limited is listed on the Australian Securities Exchange. www.transfieldservices.com

FOR FURTHER INFORMATION     

Cheryl McNeil, Communications Manager, FT Services

Telephone: (780) 790-2172, Fax: (780) 790-3610, Website: www.ft-serv.com/

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For more information contact:

Cheryl McNeil
Manager of Communications

Suite 3000, 715 5th Avenue, SW
Calgary, Alberta, Canada T2P 2X6

Phone: (403) 265-9033
Cell: (780) 742-5719
Fax: (403) 265-9063

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