StandardAero Appoints New Vice President, Contracts

Tempe, Ariz., January 2, 2009 – StandardAero has appointed Mary Ellen Keegan to the position of Vice President, Contracts based at their Component Services facility in Cincinnati, Ohio. In her role, Keegan will be responsible for legal support for all contract activity within StandardAero including negotiation and review of all sales, purchase, and lease agreements for the business sectors.

Prior to joining StandardAero, Keegan served as Counsel, Financial Transactions to GE Engine Services in Cincinnati. Keegan holds a Juris Doctor degree from Seattle University and a bachelor’s degree from Western Illinois University.

StandardAero, a Dubai Aerospace Enterprise (DAE) company with $1.4 billion in annual revenue, specializes 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. The company, part of the DAE Engineering division, forms 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 – DAE Capital, DAE Engineering, DAE Services, DAE Manufacturing, DAE Airports, and DAE Flight Academy.

Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central – the new 140 square kilometre airport and logistics city being constructed in Jebel Ali, Dubai. 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 the Government of Dubai, Dubai International Capital, DIFC Investments LLC, EMAAR, ISTITHMAR World, Dubai Silicon Oasis (DSO), AMLAK Finance.