StandardAero Wins Spot in EPA National Environmental Performance Track Program

WINNIPEG, Canada – April 24, 2008 —StandardAero will eliminate tons of waste and reduce energy use and noise as part of the Environmental Protection Agency’s top “green leadership” program. The company earned a spot in the United States of America EPA’s prestigious National Environmental Performance Track program by maintaining a sustained environmental compliance record and making new commitments to reduce and recycle at its San Antonio, Texas, facility.

"Standard Aero is proud to be accepted into the National Environmental Performance Track program as a partner with the EPA,” said Corporate Director of Environmental Affairs Brian Skrobarcek. “StandardAero has continuously strived to provide timely solutions and products at the best value to our customers. Our commitment to environmental performance is an important part of this offering."

Performance Track recognizes facilities that have a strong record of environmental compliance, set three-year goals for continuous improvements in environmental performance beyond their legal requirements, have internal systems in place to manage their environmental impacts, engage in community outreach and consistently report results.

StandardAero, a Dubai Aerospace Enterprise (DAE) company with $1.4 billion in annual revenue, specialize in engine maintenance, repair and overhaul, and nose-to-tail services that include airframe, interior refurbishments and paint for business and general aviation, air transport, and military aircraft. The company, part of the DAE Engineering division, forms a global services network of 12 primary facilities in the U.S., Canada, Europe, Singapore and Australia, with an additional 14 regionally located service and support locations.

About DAE: DAE is a fast developing global aerospace, manufacturing and services corporation made up of six divisions – Airports, Capital, Engineering, Manufacturing, Services and University. Headquartered in Dubai, the group is growing through a series of phased developments and acquisitions to become a global player and produce an integrated aerospace cluster based Dubai World Central – the new 140 square kilometer airport and logistics city. It is forming international partnerships at the highest level of industry, with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade. DAE’s shareholders include EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.