XOJET Secures $363 Million in Financing from TPG and Lehman Brothers Global Principal Strategies

Company making big splash at NBAA

XOJET's business model is differentiated by key strategies including:


XOJET is the first companytoprovide private jet ownership, leasing and on-demand travel solutions built especially for frequent business jet fliers. The company's strategy is to combine the service, access and exclusivity of owning a jet with the efficiencies and operational rigor of successful commercial airlines. Founded in 2001, XOJET officially launched its service in January 2006 and has quickly established itself as the fastest-growing private aviation company on record. Among its customers, XOJET is known for brand new jets, unmatched economics, stringent safety practices, exceptional service and a 99.5 percent on-time departure rate.

Most recently, XOJET has been recognized with a number of honors including being named a Robb Report "Best of Private Aviation" winner, an Inc. Magazine "Fastest Growing Company" and one of the best places to work in the Bay Area. For more information, visitwww.xojet.com.

About TPG Growth

TPG Growth is the venture, growth and mid-cap buyout investment platform of TPG, the global private investment firm. With more than $2.5 billion under management, TPG Growth targets investments in technology, life science, biotechnology, renewables, and consumer companies utilizing venture capital, growth equity, public equity and leveraged buyout structures. The firm is backed by the resources of TPG with more than $30 billion of assets under management and with successful travel investments that include America West, Continental, Hotwire and Sabre. TPG Growth has offices in the US, China and India. Please visitwww.tpg.com.

CONTACT: CXO Communication Kathleen Bowden, 617-247-0122 or 617-872-0914 (cell) kathleen@cxocommunication.com Morgan Mauritz, 650-462-2969 or 650-906-7200 (cell) morgan@cxocommunication.com

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