StandardAero Awarded Design Organization Approvals by EASA and FAA

Tempe, Ariz. – Feb. 2, 2009 – StandardAero has received two new Design Organization Approvals (DOA) for engine and auxiliary power unit design and repair from the European Aviation Safety Administration (EASA) and the Federal Aviation Administration (FAA).

On October 21, 2008, EASA awarded StandardAero’s Tilburg location in the Netherlands Design Organization Approval allowing Tilburg to design and approve minor repairs to Pratt & Whitney Canada PW100 engine components.

With DOA authorization, Tilburg may offer customers additional repairs that supplement the Pratt & Whitney Canada repair manuals. This allows Tilburg to repair parts with conditions not addressed in the repair manuals, and to tailor repair methods to customer’s specific part requirements. DOA authorization eliminates delays due to external approval requirements for minor repairs. Such repairs are released in conjunction with customer, OEM, and EASA data as required to meet customer requirements.

On December 19, 2008, the FAA awarded StandardAero Maryville located in Maryville, Tennessee, Major Repair Organization Design Authorization (MRA-ODA) approval. This approval authorizes Maryville to approve major repairs to Rolls Royce AE3007 and AE2100, Pratt & Whitney PT6A, PW100, and PW600, General Electric CF34, Honeywell TFE731 and TPE331 series engines, components, and accessories. The authorization also includes Honeywell GTCP30-92, GTCP36-6, GTCP36-100, GTCP36-150, GTCP85-180 and 185, RE220 and Hamilton Sundstrand T62 and APS 500 series Auxiliary Power Units.

Maryville is one of the first engine maintenance, repair and overhaul companies to achieve authorization under the new FAA-ODA requirements. With ODA approval, Maryville may offer customers additional repairs to supplement the OEM manuals and reduce material cost. Such repairs are released in conjunction with customer, OEM, and FAA data as required to meet customer requirements.

“StandardAero is committed to serving our customers by providing component repair alternatives,” said Wayne Thomas, StandardAero Chief Engineer for Engine Repair and Overhaul. “Our on-site engineers are approved to the highest standards and supported by our corporate engineering resources to ensure we make the best component repair-or-replace decisions to serve our customers”.

StandardAero also has a Design Approval Organization (DAO) in Winnipeg, Canada, and engine FAA Design Engineering Representatives on site at the Component Services facility in Cincinnati, Ohio.

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.