CAE Named a Preferred Provider for Dassault Falcon Jet's Maintenance Training

Montreal, October 30, 2007 – (NYSE: CGT; TSX: CAE) – CAE SimuFlite has been awarded a five-year contract with Dassault Falcon Jet as a preferred provider for maintenance training for Dassault Falcon Jet employees.

Under the new contract, CAE SimuFlite will provide maintenance training for employees associated with Dassault’s Little Rock Production facility, Dassault Aircraft Service Centers, and Dassault Falcon Jet Customer Support.

“CAE and Dassault have proven to be one of the best training teams in the industry,” said Jeff Roberts, CAE’s Group President, Innovation and Civil Training & Services. “Together, we have built one of the most technically advanced and operationally relevant courses ever delivered to the business aviation community. We are very happy to have this opportunity to further strengthen our relationship.”

CAE will provide on-site classroom training at Dassault’s facilities in Little Rock, Arkansas, and Wilmington, Delaware, as well as at CAE SimuFlite training centers in Dallas, Texas, and Morristown, New Jersey. As part of the contract, CAE will provide Dassault with classroom access to its cutting-edge CAE Simfinity™ Virtual Simulator, the industry’s most advanced training and troubleshooting tool.

CAE has an ongoing relationship with Dassault to provide maintenance training. CAE is currently the only maintenance training provider for the Falcon 7X, and is providing Dassault-recognized Falcon 900EX EASy and 2000EX EASy aircraft maintenance training. CAE is the only training provider qualifying these aircraft courses and instructors in accordance with the Dassault Training Policy Manual (FTPM). All of these technical courses have received approval from the European Aviation Safety Agency (EASA).

CAE is a world leader in providing simulation and modelling technologies and integrated training solutions for the civil aviation industry and defence forces around the globe. With annual revenues exceeding C$1 billion, CAE employs more than 5,500 people at more than 75 sites and training locations in 19 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 24 aviation training centres, equipped with over 115 full-flight simulators, we train more than 50,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and have a professional services division assisting customers with a wide range of simulation-based needs.