Enerflex :: TSX Compliance

TSX: EFX.UN 15.190

0.500
14:52 EST on Aug 21, 2008 TSX: quotes delayed at least 15 minutes.

Enerflex Alignment with TSX Corporate Governance Guidelines

Corporate Governance Guidelines	Does Enerflex Align?
Board responsibility for overall stewardship of Company	Yes
Board constituted with majority of unrelated directors	Yes
Relationship of each director disclosed and explained	Yes
Corporate Governance Committee constituted with non-management directors	Yes
Process implemented to assess Board effectiveness	Yes
Orientation and education program provided for new directors	Yes
Directors' compensation reflective of risk and responsibility	Yes
Committees are composed of non-management directors	Yes
Committee assigned to supervise corporate governance	Yes
Limits to management responsibilities defined	Yes
Board functions independently of management	Yes
Audit Committee composed only of unrelated directors and has direct communication with the Company's auditors	Yes
Systems implemented for Board to engage outside advisors	Yes

To review full details of Enerflex's TSX Compliance, please see Appendix E to the Company's Information Circular available at www.sedar.com.