Macro Enterprises Inc. to Acquire Pipeline Construction and Maintenance Business

Macro Enterprises Inc. (TSX VENTURE:MCR) ("Macro") announces its wholly-owned
subsidiaries have entered into an agreement to acquire the business owned and
operated by North American Pipeline Inc. and North American Fleet Company Ltd.
of constructing, installing, maintaining, testing and repairing pipelines and
facilities in the oil and gas industry throughout Western Canada together with
certain assets used in carrying on the business including pipeline construction
machinery and equipment. In addition, the purchasers will take an assignment of
a master services agreement with a major pipeline company to test and maintain
certain aspects of its pipeline network. The parties will enter into a
transition services agreement on closing to facilitate transition of the
business to the purchasers.


The purchase price is $16,250,000, subject to normal adjustments, and is payable
in full in cash on closing of the transaction. The transaction is subject to
receipt of the consents and approvals necessary or advisable in connection with
the transaction including the approval of the TSX Venture Exchange.


A success fee equal to 1% of the purchase price is payable to Mustang Management
Ltd.("Mustang") of Calgary, Alberta on closing of the transaction. Mustang is
arms' length to Macro.


Frank Miles, the President and Chief Executive Officer of Macro, says, "The
acquisition of the pipeline construction and pipeline maintenance business
represents an important strategic opportunity for our company and allows us to
play a larger role assisting our customers as they expand their mainline
networks."


Macro's core business is providing pipeline and facilities construction and
maintenance services to major companies in the oil and gas industry in
northeastern BC and northwestern Alberta. The Company's corporate office is in
Calgary, Alberta. Its shares are listed on the TSXV under the symbol MCR.
Information on the Company's principal operating unit, Macro Industries Inc.,
can be found at www.macroindustries.ca.


CAUTION REGARDING FORWARD-LOOKING INFORMATION

This press release contains "forward-looking statements" within the meaning of
Canadian securities legislation including, among other things, the opportunities
to be realized from the acquisition. Forward-looking statements are necessarily
based on assumptions that, while considered reasonable by Macro, are subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results to be materially different from those expressed or implied by
such forward-looking statements. There is no guarantee that the conditions to
closing of the acquisition will be satisfied and the transaction will be
completed. Investors are cautioned not to place undue reliance on these
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macro Enterprises Inc.
Frank Miles
President and C.E.O.
(250) 785-0033


Macro Enterprises Inc.
T. Jerrold Jackson
C.F.O.
(403) 705-7302
www.macroindustries.ca

Macro Enterprises (TSXV:MCR)
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