Press Release

Issued by SR Technics.

December 7, 2010

SR Technics has signed an agreement with TAG Aviation, a provider of personalized private aviation services, to enter a long-term cooperation in the areas of maintenance, interior completion, and refurbishment for Boeing and Airbus business jets. The agreement covers full support maintenance services, technical consultancy, and aircraft completion services with a focus on interior design, completion, and refurbishment. All services will be carried out in Switzerland.

SR Technics' engineering excellence as well as its related processes and procedures ensure a high reliability and safety in the VIP business in Zurich and Geneva.

André Wall, Chief Operating Officer at SR Technics said: "We are very pleased to have found such a strong partner to start our operations in the VIP business. We look forward to supporting the growth of TAG Aviation as a fully dedicated partner. TAG will benefit from our excellence in service and quality we provide to our other airline customers."

"We are proud to be an associate of SR Technics, who share our values which encompass the highest standards of personal service, ethics and operational excellence" said Graham Williamson, President of TAG Aviation Aircraft Management. "We build relationships that foster dedication to customer service and we value and support our partners and staff who deliver that service."