StandardAero Awarded French Fire Suppression Fleet Engine Maintenance Contract

Tempe, Ariz., December 23, 2008 – StandardAero has been selected to provide PW100 and PT6 engine maintenance services to the Direction de la Défense et de la Sécurité Civile (DDSC) based out of Marseilles, France. The total contract value for the first six years is expected to be approximately $20 million with a six year contract extension.

Used for fire suppression, the DDSC fleet is made up of 12 CL415 Water Bombers, nine S2F Trackers, three Beechcraft King Air 200s and two Dash 4-402MRs. StandardAero will provide a complete maintenance package including site management and logistics, line maintenance, and engine repair and overhaul services.

“StandardAero has been committed to serving the Securite Civile over the past four years and looks forward to servicing their needs for six more,” said Erik Krol, Tilburg General Manager. “Our on-site representatives, with PW100 and PT6 support from our facility in Tilburg, Netherlands, allows StandardAero to maintain maximum-level fleet readiness during the fire season for the Securite Civile.”

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.