Press Release

Issued by Enstrom Helicopter Corporation.

January 24, 2014

Jerry Mullins, current president and ceo, announced his retirement effective January 31st, 2014. A veteran in the aviation industry for 40 years, Mullins says, “It's been a great run. Part of me will always be connected to the helicopter industry.” Mullins and his wife Nancy will be moving to Texas to be closer to family, which include twin grandchildren. “I look forward to being known as Papa rather than President,” he says, referring to his enjoyable role as grandfather. I have thoroughly enjoyed working in this industry with a wonderful group of highly dedicated people. I made friendships for life and appreciate all the support and opportunities the industry has offered." Mullins will continue to work as a consultant to Enstrom through 2014.

Enstrom Helicopter Corporation is pleased to announce that Tracy Biegler will be promoted to company president and ceo effective February 1, 2014. Biegler is currently serving as vice president. A 26 year veteran of the aviation industry, and 10 year employee with Enstrom, Biegler says this change in leadership will support the continued growth at Enstrom initiated by Mullins. “We've had a change of ownership in the last 15 months, and we're currently in the process of populating our expanded facility.” The company has increased its workforce and production capacity. “Look for Enstrom to take a bigger role on the global helicopter stage,” Biegler says.

The change in leadership will be formally announced at the Helicopter Association International (HAI) Heli-Expo in Anaheim, California, in late February.