Michelin and AirFrance-KLM Sign Long-Term Contract

GREENVILLE, S.C. (July 20, 2010) – Michelin has signed two 10-year contracts with airline companies Air France and KLM.

In all, MICHELIN tires will be fitted on around 425 aircraft operated both by the Air France-KLM Group and by other airlines for which Air France and KLM provide maintenance services. These aircraft include 37 Boeing B777-300 ERs, 66 Boeing B737-NGs, 145 Airbus A320s and three Airbus A380s.

These contracts are invoiced on a per-landing basis. Michelin’s end-to-end solution, based on the quality of its products and of its innovative services, played a decisive role in the signing of this long-term agreement.

To ensure its technological leadership, Michelin invests almost €500 million a year in its Technology Center. These resources dedicated to research and development are unrivaled anywhere else in the global tire industry.

Dedicated to the improvement of sustainable mobility, Michelin designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, motorcycles and the space shuttle. The company also publishes travel guides, hotel and restaurant guides, maps and road atlases. Headquartered in Greenville, S.C., Michelin North America employs more than 20,900 and operates 18 major manufacturing plants in 16 locations. www.airmichelin.com