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FORT ST. JOHN, BRITISH COLUMBIA -- (Marketwire) -- 03/05/13 -- Macro Enterprises Inc. (TSX VENTURE: MCR) -

                                               Summary of financial results                                     (thousands of dollars except per share                                                                    amounts)                                     --------------------------------------                                     Three months ended          Year ended                                            December 31         December 31                                     --------------------------------------                                         2012      2011      2012      2011                                     --------------------------------------                                             (unaudited)Revenues                             $ 43,827  $ 33,021  $148,314  $129,212EBITDA(1)                               7,576     4,277    30,626    13.304Net earnings                            5,643     2,113    19,345     6,027Net earnings per share                  $0.23     $0.08     $0.79     $0.23                                     --------------------------------------Weighted average common shares outstanding (thousands)                                   23,882    23,931                                                         ------------------Highlights--  Revenues increased substantially from same period last year due to    additional work obtained and from the November 2012 acquisition of    pipeline construction assets.--  EBITDA(1) of $7.6 million was generated in the quarter due to the    higher levels of activity and improved margins.Note 1 - References to EBITDA are to net income from continuing operationsbefore interest, taxes, amortization and impairment charge. EBITDA is notan earnings measure recognized by International Financial ReportingStandards ("IFRS") and does not have a standardized meaning prescribed byIFRS. Management believes that EBITDA is an appropriate measure inevaluating the Company's performance. Readers are cautioned that EBITDAshould not be construed as an alternative to net income (as determinedunder IFRA) as an indicator of financial performance or to cash flow fromoperating activities (as determined under IFRS) as a measure of liquidityand cash flow. The Company's method of calculating EBITDA may differ fromthe methods used by other issuers and, accordingly, the Company's EBITDAmay not be comparable to similar measures used by other issuers.

Fourth quarter results

Consolidated revenue was $43.8 million compared to $33.0 million in the fourth quarter last year. During the fourth quarter this year, the Company was active in pipeline integrity work for several customers. In addition, the Company obtained some pipeline and facility construction work for two customers. Lastly, additional revenue was obtained under the master services agreement obtained in November 2012 with the acquisition of the assets and business from North American Pipeline (the "NAP acquisition"). Last year, the Company worked on a compressor move and re-installation for one customer and began a second similar project for the same customer. The Company also worked on a pipeline project for a new customer. In addition, work continued on a large piping and related facilities contract for another customer in NE B.C. The Company also completed some smaller projects for other customers