FT SERVICES AWARDED NEW CONTRACT FOR PIPELINE MAINTENANCE 

November 3, 2008

CALGARY, AB - FT Services announced today that they have been awarded a two-year, $12 million contract to provide pipeline maintenance services at the Canadian Natural Resources Ltd's Horizon Project near Fort McMurray, Alberta. This follows the award of an earlier three-year contract for maintenance work on bitumen production facilities at Canadian Naturals' Horizon Project in late 2007. The new contract adds pipeline maintenance services to the existing mechanical, electrical and instrumentation services performed at CNQ's bitumen production.

"This new contract builds upon our current maintenance capabilities with Canadian Natural and excellent performance to-date," says Andy Mackintosh, President and CEO, FT Services. "The addition of the pipeline maintenance work demonstrates our capabilities and growing relationships with our customers in the Fort McMurray oil sands region."

FT Services has completed more than 100,000 recordable hours of injury free leading up to the successful commissioning of the Bitumen Production plant at Horizon.

Another 50 to 60 personnel will be employed as FT Services ramps up to start pipeline maintenance services in mid-December this year. FT Services currently employs more than 100 staff for mechanical, electrical and instrumentation services on the Horizon site.

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. http://www.ft-serv.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 29,000 employees in Australia, New Zealand, the United States, the United Arab Emirates, Qatar, New Caledonia, South East Asia, India, Chile and Canada. Transfield Services Limited is publicly listed in Australia and included in the S&P/ASX 100. http://www.transfieldservices.com/

Flint Energy Services is a market leader providing an expanding range of integrated products and services for the oil and gas industry including: production services; field construction; oilfield transportation; process equipment design and manufacturing; and tubular management services. Flint provides this unique breadth of products and services through over 62 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, and maintenance services for upgrading and production facilities in Alberta's fast growing oil sands sector. http://www.flint-energy.com/