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.