Engine manufacturer selected

easyJet PLC 17 December 2002 Embargoed to 07:00 17th December 2002 easyJet confirms CFM as preferred engine supplier for Airbus A319 fleet easyJet plc (LON:EZL), Europe's leading low-cost airline, has selected CFM56-5 engines to power its fleet of Airbus A319 aircraft. The agreement in principle is subject to the successful conclusion of the contract for 120 Airbus A319 aircraft, and options with price protection on a further 120 A319s. The selection of the Airbus was announced on 14th October and easyJet expects, subject to shareholder approval, to conclude the transaction in the New Year. The detailed terms are subject to confidentiality restrictions. Ray Webster, easyJet Chief Executive, said: 'This announcement is the result of a very close competition between CFM International and IAE both of whom were focussed intently on trying to secure the deal. Both companies tabled very attractive offers and after an intensive review of all aspects of the proposal we were able to reach a clear decision.' Notes easyJet's firm order stream for Airbus A319s is expected to run from 2003 - 2007 with the first A319 being delivered to easyJet in the second half of the 2003 calendar year. Options with price protection on a further 120 A319s run through to 2012. CFM56-5 engines are produced by CFM International (CFM), a 50/50 joint company between Snecma Moteurs of France and the General Electric Company. With more than 13,000 engines in service, CFM is the world's leading aircraft engine supplier. easyJet plc Toby Nicol, Corporate Communications Manager +44 (0) 1582 525 339 Derek Livingstone, Investor Relations Manager +44 (0) 1582 525 462 CFM International Rick Kennedy / Christian Flathman +1 513 2435805 Vincent Chappard +33 1 40 60 80 18 This information is provided by RNS The company news service from the London Stock Exchange

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