Satair and B/E Aerospace Sign an Exclusive 5 Year Distribution Agreement for Oxygen Products

B/E Aerospace has appointed Satair as its exclusive distribution partner for oxygen products with full effect by 1 January 2008. The agreement includes the worldwide support of equipment from B/E Aerospace's recent Dräger Aerospace acquisition.

Since the acquisition of Dräger Aerospace last year, B/E Aerospace has carefully reviewed the requirements for distribution of oxygen products and Satair has been chosen as its distribution partner. Satair has represented B/E Aerospace oxygen products for more than 30 years. B/E Aerospace and Satair will be fully implementing the Dräger Aerospace product line by year end.

Satair’s CEO John Staer says: “This new and extended agreement is a further confirmation of the relationship Satair and B/E have had for 33 years. Satair is undoubtedly extremely well positioned to support B/E’s requirements, today and tomorrow. This naturally includes intensified support requirements for the A380 and the B787 – all of which is already part of our future strategies and supporting our company’s relationships with Airbus and Boeing as well as all operators and maintenance organizations."

About B/E Aerospace

B/E Aerospace, Inc. is the world’s leading manufacturer of aircraft cabin interior products, and a leading aftermarket distributor of aerospace fasteners. B/E designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E manufactured products include aircraft cabin seating, lighting, oxygen, and food and beverage preparation and storage equipment.

The company also provides cabin interior design, reconfiguration and passenger-to freighter conversion services. Products for the existing aircraft fleet - the aftermarket – generate about 60 percent of sales. B/E sells and supports its products through its own global direct sales and product support organization.

About Satair

Satair is the world’s leading independent distributor of spare parts for aircraft maintenance and aircraft manufacturing companies. Headquartered in Copenhagen, Denmark, the Group has subsidiaries in Denmark, the UK, France, the USA, Dubai, Singapore and Beijing. The Group employees around 500 people and together they generate around USD 340m (FY 07/08E) in annual revenues. Additional information can be found on Satair’s website: www.satair.com