Press Release

Issued by Embraer.

February 1, 2010

Embraer has appointed Raco Trading Phils, Inc. as its authorized sales representative in the Philippines, and made the announcement, today, during a press conference for the Singapore Airshow, February 2-7. The Philippine company will promote the full portfolio of Embraer executive jets in that country.

"The Philippines are composed of more than 7,000 islands, with around 300,000 square kilometers of land, making air transportation an absolute necessity for many businessmen. We are confident in our diversified and comprehensive portfolio of executive jets, combined with Raco Trading's experience and support in this scenario," said José Eduardo Costas, Embraer Vice President, Marketing and Sales, Asia Pacific – Executive Jets.

Raco Trading collaborated with Embraer to showcase the entry level Phenom 100 executive jet to key prospects in Manila and Cebu, in the Philippines, in January. These two stopovers were part of a flying demonstration tour throughout Asia Pacific that kicked off in Mumbai, India, in November 2009.

"I am confident that Embraer Executive Jets are the best available products for many Philippine businessmen and companies, delivering state-of-the-art aircraft, with superior comfort, finishing, and style, as well as being the most efficient to operate," said Ramon B. Arnaiz, Chairman of Raco Trading.