Press Release

Issued by Gulfstream Aerospace Corporation.

March 27, 2012

Gulfstream Aerospace is pleased to announce the delivery of a Gulfstream G450 to Nanshan Jet. Nanshan Jet is an air charter and management services company initially operating out of Beijing, Shanghai and Shenzen. The aircraft will be used for air charter services.

The large-cabin, long-range G450 was delivered to Nanshan Jet in November 2011. The company is scheduled to take delivery of two more Gulfstream aircraft – a large-cabin, ultra-long-range G550 and a large-cabin, long-range G450 – in 4Q12 and 2Q13, respectively.

"The G450 offers best-in-class comfort, performance, reliability and product support," said Bin Yu, president of Nanshan Jet. "This aircraft provides for intracontinental and worldwide flight, while giving customers a luxurious flying experience."

"We're thrilled with Nanshan's decision to purchase four Gulfstream aircraft as part of their air charter operation," said Roger Sperry, regional senior vice president, International Sales, Gulfstream. "Much like Gulfstream, this company is committed to bringing the tremendous benefits of business aviation to China."