Standard Aero Signs Agreement with G.M. Aero Support Limited for Representation in Europe

WINNIPEG, Canada, April 11, 2008 — Standard Aero has signed a sales and service agreement with G.M. Aero Support Ltd., a United Kingdom-based consultancy company having extensive experience and familiarity in all aspects of gas turbine engine maintenance, repair and overhaul. G.M. Aero Support Ltd. will represent Standard Aero in Europe and is charged with boosting customer service, sales and technical support for the C-130 and P-3 propulsion systems, including the Rolls-Royce T56/501D family of engines, 54H60 propellers and quick-engine change units.

“This agreement gives Standard Aero a world-class team member to augment our sales and customer service throughout Europe,” said Jim Miller, Director, Marketing and Business Development for Standard Aero. “We recognize that geographical presence is an important part of meeting our European customer requirements and we are committed to filling that need.”

“G.M. Aero Support Ltd. welcomes the opportunity to continue our long standing relationship with the Standard Aero Group and we look forward to assisting with sales and service in Europe”, said Gerry Moore, Managing Director of G.M. Aero Support Ltd. “This is a partnership we strongly believe will bring benefits to both Standard Aero and it’s Customers and we hope to build from this platform to expand our role to other Standard Aero products.”

Standard Aero and Landmark Aviation, Dubai Aerospace Enterprise (DAE) Engineering companies with $1.3 billion in combined annual revenue, specialize in engine maintenance, repair and overhaul, and nose-to-tail services that include airframe, interior refurbishments and paint for business and general aviation, air transport, and military aircraft. Associated Air Center produces luxury and VIP interiors for transport size aircraft. The companies, part of the DAE Engineering division, form a global services network of 12 primary facilities in the U.S., Canada, Europe, Singapore and Australia, with an additional 14 regionally located service and support locations.

About DAE: DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – Airports, Capital, Engineering, Manufacturing, Services and University. Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and produce an integrated aerospace cluster based Dubai World Central – the new 140 square kilometer airport and logistics city. It is forming international partnerships at the highest level of industry, with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade. DAE’s shareholders include EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.