StandardAero Highlights Engine and APU Leadership at EBACE 2009

Geneva, Switzerland – May 11, 2009 – Citing nearly 100 years of engine maintenance, repair and overhaul (MRO) capabilities, StandardAero brings its knowledge, experience and leadership in turbine engine and auxiliary power unit (APU) MRO to this year’s European Business Aviation Convention & Exhibition (EBACE) show in Geneva, Switzerland.

“With a deep depth and breadth in providing one-stop service and repair, worldwide field service support, on-site engineering and in-house component repair for an array of turbine engines and APUs, StandardAero is well positioned in the business aviation market,” said StandardAero President & CEO, Rob Mionis. “Our expertise in engine and APU MRO creates undeniable market significance and value for our customers.”

StandardAero is an OEM-authorized service provider for Honeywell TFE731, TPE331, HTF7000 and CFE738; General Electric CF34®; Rolls Royce AE3007; and Pratt & Whitney Canada PT6A, PW100 and PW600. Currently, the company processes more engines in the TFE and CFE lines than any other single service center and was the first to perform services on the Honeywell TFE731.

Over the past year, StandardAero has made significant investments throughout its network in expanding its engine MRO capabilities. These include a $20 million CF34® facility expansion in Winnipeg Canada, the development of a new, state-of-the-art PW600 test cell in Maryville, Tenn., a $3 million shop redesign at our Los Angeles facility, and new PT6A engine-upgrade programs. The Augusta, Ga. facility is now a center of excellence for TFE731 heavy work with the remaining facilities handling fly-in aircraft. Los Angeles now handles all TPE331 work. These changes create more efficient inventory management and reduced turn around time through further repair development within the StandardAero network.

StandardAero is located globally throughout Europe, North America, Australia and Southeast Asia with facilities on six of the world’s seven continents, and is fully supported by a worldwide sales force.

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 Investment Corporation of Dubai, Dubai International Capital, DIFC Investments LLC, EMAAR, ISTITHMAR World, Dubai Silicon Oasis (DSO), AMLAK Finance