Press Release

Issued by .

April 9, 2008

Standard Aero has been awarded a contract by Canadian Helicopters Limited (CHL) for exclusive component repair and overhaul services on the Rolls-Royce 250 engine. The contract names Standard Aero as the exclusive component repair and overhaul provider for a period of one year, with a possible one-year extension. The work is valued at approximately $6 million per year.

"This contract award extends a partnership that Standard Aero has had with CHL for many years," said Tom Roche, Vice President—Helicopter Programs, for Standard Aero. "We look forward to continuing a great working relationship."