Press Release

Issued by Sino Jet Management.

February 24, 2012

Sino Jet Management Limited, a leading full-service private aviation company based in Hong Kong, is pleased to announce the inaugural flight today of its fourth managed aircraft, a Gulfstream G450. With Shenzhen as its base, this G450 will be flying to Chongqing.

Gulfstream G450 is one of the few large-cabin and long-range aircraft capable of flying fourteen passengers 4,300 nm at Mach 0.85. It is a direct descendent of the storied GIV®-series aircraft, the best-selling business jet in the world. With the most advanced flight deck in business aviation—an exclusive PlaneView® cockpit and the Enhanced Vision System II™--G450 can always ensure passengers the safest and the most comfortable journey.

This aircraft is factory new. The color theme of its exterior is brown and gold to fit the owner's style. Different from the usual streamline paint scheme, the lower part of the aircraft is painted in brown with a gold line on the top, while a brown and golden logo is painted on the tail.

Gulfstream G450 is Sino Jet's fourth managed aircraft. Under the Company's management term, the owner is provided with a wide range of services, from recruitment of pilots, aircraft maintenance and financial control to flight support and travel concierge services.

"We are glad to have more aircraft, especially aircraft to be based in China to join our managed fleet. This G450 is also the second aircraft in our fleet to be based in the mainland, which testifies to an increasing recognition within a short period of time on our global management capability. We will continue to provide the world's aircraft owners with premium services," said Ms. Jackie Wu, Sino Jet's Chief Operating Officer.