Re Contract

September 28, 2007 ROLLS-ROYCE AWARDED $700 MILLION CONTRACT FOR V-22 ENGINES Rolls-Royce has signed a $700 million production contract with the Naval Air Systems Command to produce 370 AE 1107C-Liberty engines for the US Marine Corps' MV-22 and the US Air Force's CV-22 Osprey tiltrotor aircraft. The five-year contract coincides with the first combat deployment of MV-22 aircraft that took place this month. The production agreement includes engines for 148 aircraft plus 74 spares, for deliveries going forward to 2013. Dennis Jarvi, President Defense North America for Rolls-Royce, said: "This agreement represents another significant step in the development of this revolutionary aircraft. Rolls-Royce engines will provide the power, speed and range our customer requires to meet their mission." The Bell-Boeing aircraft were approved for full-rate production in 2005. The tiltrotor aircraft takes off and lands like a helicopter and can fly like an airplane. The twin engine V-22's fly at twice the speed, with three times the payload and up to five times the range, of conventional helicopters. NOTE TO EDITORS 1. Rolls-Royce produces the AE 1107C-Liberty engines at its manufacturing facility in Indianapolis, US. 2. The AE 1107C engine is part of the "common core" AE engine line produced by Rolls-Royce, and provides more than 6,000 shaft horsepower. The reliable and proven AE engine line has accumulated more than 25 million flight hours. 3. Rolls-Royce, the world-leading provider of power systems and services for use on land, at sea and in the air, operates in four global markets - civil aerospace, defence aerospace, marine and energy. 4. It continues to invest in core technologies, products, people and capabilities with the objective of broadening and strengthening the product portfolio, improving efficiency and enhancing the environmental performance of its products. These investments create high barriers to entry. 5. The success of its products is demonstrated by rapid and substantial gains in market share. The company now has a total of 54,000 gas turbines in service worldwide and they generate a demand for high-value services throughout their operational lives. 6. Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers including 70 navies, and energy customers in 120 countries. Rolls-Royce is a technology leader, employing 38,000 people in offices, manufacturing and service facilities in 50 countries. For further information, please contact: Maria Weber Justine Steele Director, Corporate Communications Defence Aerospace Rolls-Royce Corporation Rolls-Royce plc Indianapolis, IN Bristol (317) 230-6662; mobile, (317) 213-1392 0117 979 0991 maria.y.weber@Rolls-Royce.com justine.steele@Rolls-Royce.com Website: www.rolls-royce.com
UK 100

Latest directors dealings