Press Release

Issued by SR Technics.

February 14, 2012

SR Technics, part of the Mubadala Aerospace Maintenance Repair and Overhaul (MRO) network, has received Production Organization Approval from the Swiss Federal Office for Civil Aviation (FOCA), enabling SR Technics to take aircraft interior design and engineering to innovative levels.

From interior design to engineering through to handmade interiors, customers can rely on a highly skilled team – with specific expertise in the VIP business and in state-of-the-art technology – to deliver a product that truly meets their expectations.

SR Technics' world-class quality and safety standards, its highly attractive location as an international business hub and its 80 years of MRO experience, enable SR Technics to deliver an unparalleled product in the VIP arena. Its passionate team of long-standing experts in VIP completions create unique tailor-made solutions for business jet customers.

All interior design and engineering will be carried out at SR Technics' VIP Completion Centre in Zurich, which opened last year. The first aircraft to undergo the SR Technics' VIP experience arrived in the third quarter of 2011.

James Stewart, Group Chief Executive Officer of the Mubadala Aerospace MRO Network said: "Throughout this year, 130 SR Technics' employees across all areas and levels have been trained on how to implement the new Production Organization processes. This approval is the foundation of our VIP business as it enables us to move from pure repair and overhaul, into the production arena, not only for VIP but for all clients."

André Wall, President Europe of the MRO network, continues: "Our VIP team continually create unique visual, textural and experiential interiors that truly reflect our customer's vision. Our craftsmen's passion and dedication for realizing luxurious finishes, demanded in the business jet environment will become reality."

Under the terms of the approval, SR Technics is now licenced to manufacture and certify the following categories of aeronautical parts with a European Aviation Safety Agency (EASA) Form 1:

? Cabinets, to include: Interior equipment cabinets and furnishings ? Composites, to include: Composite structural, interior and systems parts ? Sheet metal / metal elements, to include: Metallic structural, interior and systems parts ? Upholstery parts ? Electrical systems parts

The Production Organization Approval enables SR Technics to offer its VIP, CAT and Maintenance customers a huge range of new, repair or replacement parts.