Press Release

Issued by Gulfstream Aerospace Corporation.

March 27, 2012

Gulfstream Aerospace today announced an order by AllPoints Jet for a large-cabin, ultra-long-range Gulfstream G550 and a large-cabin, long-range Gulfstream G450.

AllPoints Jet is a Chinese startup company dedicated to charter services, aircraft management and aircraft maintenance. The aircraft will be used for charter services and are due for delivery in the first quarter of 2013.

"Gulfstream is well-known for its top-of-the-line, highly reliable products," said Jiyun Ding, the AllPoints chairwoman. "Gulfstream also enjoys the largest market share in the large-cabin market and is a brand favorite in China's business-jet market. The tremendous range offered by both the G450 and G550 is ideal for connecting China to the rest of the world. AllPoints, using these two Gulfstream aircraft, will make significant contributions to the growth of business aviation in China, especially in the western part of China."

"We are excited to work with AllPoints as they launch this new venture using two new large-cabin Gulfstream aircraft," said Roger Sperry, regional senior vice president, International Sales, Gulfstream. "This venture will demonstrate the growing benefits of business aviation, in general, and Gulfstream aircraft, in particular."