Press Release

Issued by Embraer.

February 15, 2012

Embraer has re-appointed RACO Trading Phils, Inc., as its Authorized Sales Representative (ASR) in the Philippines. The Manila-based trading company was first appointed in 2010.

"The re-appointment of RACO Trading as our sales representative in the Philippines is an indication of the headway the team at RACO are making to secure Embraer's presence and profile in this market," said José Eduardo Costas, Vice President, Asia Pacific, Embraer Executive Jets. "It reaffirms our belief in the Philippine market, and the opportunities that are present there."

As an archipelago with over 7,000 islands, with a land mass of about 30,000 square kilometers, the Philippines present unique opportunities for air travel, especially for corporations and executives who have to travel between islands quickly. With a portfolio to accommodate every need and terrain, Embraer's advanced executive jets are perfectly suited for the country.