Standard Aero Limited Wins 2005 CME Manitoba Export Award

Winnipeg, MB April 8, 2005 – The Canadian Manufacturers and Exporters (CME) presented Standard Aero Limited with the 2005 Manitoba Export Award during the presentation gala dinner held at the Fairmont Winnipeg Hotel on Thursday, March 10th of 2005 Manufacturing Week. The Manitoba Export Award was presented to Standard Aero Limited for its outstanding success in the export market and contributions to increased exports and competitiveness, employment expansion, and community service. Over the past three years, Standard Aero Limited has created significant local and Canadian benefits towards export sales growth in global markets such as USA, Europe, Australia, South America, and others.

“Standard Aero’s growth has been steady over the past 15 years. We have consistently moved our market shares up with steadfast support from our investors and employees,” commented Dave Shaw, President & CEO, Standard Aero Group. “We have been fortunate to keep the momentum of growth going amidst an unstable commercial market.”

Standard Aero continues to capture new and existing export markets through its methodology expertise in redesigning traditional production plants to state-of-the-art cellular manufacturing facilities, engineering and repair development, as well as its leading reputation with its customers worldwide. In addition to the export market, Standard Aero pursues good corporate citizenship through involvement in the community as well as participation in various business associations.

Standard Aero is a world leader in providing aerospace MRO services. Standard Aero performs repair and overhaul on Pratt & Whitney Canada, Rolls-Royce, Honeywell, and General Electric engines used in regional airline, business aviation, helicopter, and military/government markets. Standard Aero employs specialized MRO business process transformation practices to both it’s own operations and in various customer partnerships, resulting in more efficient and effective business performance.