Exco Technologies Limited - Normal Course Issuer Bid Approved

TORONTO, May 3 /CNW/ - Exco Technologies Limited (TSX-XTC) today
announces that the Notice of Intention to Make a Normal Course Issuer Bid
filed with The Toronto Stock Exchange ("TSX"), for the purchase, from time to
time, of shares through the facilities of the TSX has been accepted. Any such
purchases of shares would be made during the continuous period from May 6,
2005 to May 5, 2006. Exco will purchase the shares for cancellation.
The board of directors of Exco believes that, at certain times, the
market price of Exco's shares may not adequately reflect the current value of,
and prospects for, Exco's business. As a result, the board of directors
believes that Exco's outstanding shares may, at such times, represent an
attractive opportunity to realize additional shareholder value and that
purchases of shares at such times would be an appropriate and desirable use of
Exco's available funds.
Exco may commence purchases of shares on May 6, 2005, at times and in
quantities determined by it. All purchases will comply with the regulations of
a Normal Course Issuer Bid as defined by the TSX, which specify that Exco is
limited during the 12-month period to buying a maximum of 2,080,804 shares
being 5% of the issued and outstanding shares (41,616,095 shares) on the date
of acceptance of this Notice by the TSX. During any 30-day period within the
12 months, Exco is limited to buying a maximum of 2% of the outstanding
shares.

Exco Technologies Limited is a global supplier of innovative technologies
servicing the die-cast, extrusion and automotive industries. Through our 13
strategic locations, we employ 1,950 people and service a diverse and broad
customer base.

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