Goodfellow Announces the Retirement of M. Richard Goodfellow on November 30, 2014

Goodfellow Inc. (TSX:GDL) announced today that Richard Goodfellow, President and
Chief Executive Officer of Goodfellow Inc., has decided to retire on November
30, 2014. 


The Board of Directors of Goodfellow Inc. wish to thank Richard for his
invaluable contribution to the development of the company over the last 40
years. Under his leadership as President and Chief Executive Officer since 1989,
Goodfellow Inc has developed a presence across North America and in many foreign
markets. Annual sales have increased from $187 million in 1989 to almost $500
million since his nomination.


The Board of Directors have retained the services of J.Robert Swidler and
Associates to advise in the choice of a new Company leader. This firm will
evaluate both internal and external candidates. 


The Board of Directors of Goodfellow expects to make an announcement by November
30, 2014.


Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers
and distributors of lumber and hardwood flooring products. Goodfellow shares
trade on the Toronto Stock Exchange under the symbol GDL.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Goodfellow Inc.
Claude Garcia
Chairman of the Board
514-808-8196
450 635-3730 (FAX)
[e-mail]