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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (9278)2/26/1998 9:14:00 PM
From: Arnie   of 15196
 
SERVICE SECTOR / Canadian Fracmaster announces Dividend

CALGARY, Feb. 26 /CNW/ - The Board of Directors is pleased to announce
that it has today declared a cash dividend of $0.20 per Common Share payable
on March 23, 1998 to shareholders of record on March 9, 1998.

The dividend payment is consistent with the Company's objective of
maximizing shareholder value.

Canadian Fracmaster Ltd. is an international oil and gas service and
production company, which is listed on the Toronto and Montreal Stock
Exchanges and trades under the symbol ''CFC''. For further information on the
Company please visit our web site at fracmaster.com.
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