Press Release

Issued by Sabena technics.

February 16, 2012

The vip completion branch of Sabena technics, the rising completion center, has entered into a licensing agreement for the modification of Boeing aircraft.

The new license comes as part of the ramp-up of the VIP aircraft completion and upgrade activity at the Bordeaux, France facility of Sabena technics.

"The attribution of this license is the first step toward becoming a licensed Completion Center, which we expect to happen sometime in late 2012 or early 2013," said Christophe Bernardini, CEO of Sabena technics. He added "The BBJ operators worldwide can now benefit from Sabena technics' recognized expertise for maintenance and modifications while our dedicated VIP cabin team performs a touch-up, upgrade or full refurbish of their vip or corporate cabin."

This milestone follows recent successes, both in narrow and wide-body completions and refurbishments.

Sabena technics' objective is to become a leader in vip completion and refurbishment and in order to offer more solutions to its customers the company will further develop its infrastructure in Bordeaux, to integrate, alongside its existing design office and manufacturing shops, a complete range of new cabin finishing shops in the second half of 2012.