Re Contract

22 May 2009

ROLLS-ROYCE MARINE TECHNOLOGY ENABLES DEEP SEA OIL EXPLORATION OFF THE COAST OF
                                    BRAZIL                                     

Rolls-Royce has secured a £38 million contract to supply a newly-developed
anchor handling system that will enable floating oil platforms to be secured to
the seabed in the extreme depths off the coast of Brazil.

The system has been developed in response to the increase in deep water oil
exploration and will be fitted to two vessels serving platforms owned by
Brazilian oil company Petrobas.

The vessels are currently under construction by STX Brasil Offshore and each
one will carry more than 1,000 tonnes of Rolls-Royce equipment.

The equipment package includes winches specially designed for the manoeuvre and
installation of torpedo anchors. Weighing in at 130 tonnes each, the torpedo
anchors have been developed by Petrobras. By penetrating the seabed, they give
a secure fixing for the heavy-duty cables used to keep oil platforms in
position.

The powerful Rolls-Royce winches are each capable of handling anchors down to
depths of 3,000 metres - equivalent to more than four times the height of Rio's
Corcovado mountain.

Ottar Antonsen, Rolls-Royce Sales Manager - Deck Machinery, said: "We have been
part of the Brazilian offshore market for over 25 years, and this latest
contract demonstrates customer confidence in the capabilities of our equipment.

"As oil and gas exploration focuses on more extreme locations around the world,
we've responded by leading the technological developments that will enable oil
companies to extract oil in the most challenging of seabed conditions.

"During our time in Brazil, we have built a strong relationship with Petrobras,
and will soon be further enhancing our customer support in the region when we
open our new Marine Service Centre in Rio."

When complete, each vessel will feature a deck machinery package and equipment
designed to enhance safety of operations at sea. In addition to winches,
Rolls-Royce will supply anchor handling cranes, stern rollers, towing and
stopping pins, and a pennant winder and spooling sheave.

Rolls-Royce also supplies Petrobas with power generation and compressor
systems, and since the 1950s has built a broad customer base in Brazil's civil
and defence aerospace sectors.

Notes to Editors:

 1. The Marine business of Rolls-Royce employs 8,000 people in 34 countries
    with the main manufacturing centres being in the UK, the Nordic countries,
    the United States and increasingly Asia.
   
 2. Rolls-Royce is a world leader in marine solutions, providing products,
    service and expertise to more than 30,000 vessels in the offshore,
    merchant, naval surface and submarine markets. It designs ships and its
    product range includes propulsion systems featuring diesel engines and gas
    turbines, propellers, thrusters and water jets. Rolls-Royce also provides
    manoeuvring and stabilising systems and deck machinery. Around 30 per cent
    of Marine turnover is derived from service support activity, with a global
    network of sales and service offices in 34 countries. Rolls-Royce equipment
    is in service with more than 70 navies.
   
 3. The Rolls-Royce Group has a broad customer base including more than 600
    airlines, 4,000 corporate and utility aircraft and helicopter operators,
    160 armed forces, more than 2,000 main customers, including 70 navies, and
    energy customers in nearly 120 countries. With facilities in 50 countries,
    Rolls-Royce employs 39,000 people worldwide and has businesses
    headquartered in the UK, US, Canada, Germany, Scandinavia, Singapore and
    China. This global presence allows the Group to access long-term
    international growth opportunities.
   
 4. Rolls-Royce has been supplying products and services to customers in Brazil
    since the 1950s. The main customer in civil aerospace is TAM, which employs
    Rolls-Royce Trent 500 engines in its A340s and V2500 engines in its Airbus
    A319s, A320s and A321s.The Brazilian Air Force has been using Rolls-Royce
    engines since 1953 and the Brazilian Navy uses a large fleet of Rolls-Royce
    gas turbines to power its frigates under a long term service agreement. In
    the energy sector, Rolls-Royce supplies Petrobas with offshore electrical
    power generation systems and centrifugal gas compressors for the land-based
    Gasene pipeline project.
   
 5. Rolls-Royce 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.
   
 6. In 2008, Rolls-Royce invested over £885 million on research and
    development, two thirds of which had the objective of further improving the
    environmental aspects of its products. The primary technology investment
    area is aimed at reducing noise and emissions.
   
For further information please contact:

Mark Alflatt
Director of Financial Communications
Tel: [phone]
[e-mail]

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