(TSX: CAE)(NYSE: CGT) - CAE and consortium partners, Eurocopter, Thales, and Rheinmetall Defence Electronics, inaugurated the world's first NH90 helicopter full-mission simulator and the first NH90 training centre at a ceremony held today at the German Army Aviation School in Buckeburg, Germany. The release issued today by the consortium Helicopter Flight Training Services (HFTS) is available at www.cae.com/HFTS.

The NH90 helicopter program is the largest ever launched in Europe, with firm orders now totaling 507 aircraft to equip and modernize the Armed Forces of France, Germany, Italy, the Netherlands, Portugal, Finland, Norway, Sweden, Greece, Oman, Australia, New Zealand, Spain and Belgium. In addition to the NH90 training centres in Germany, CAE is also involved in the design and development of NH90 training systems for the following customers:

- Australia: CAE is the prime contractor with overall responsibility for providing two MRH90 full-flight and mission simulators (FFMSs), training facilities, and comprehensive engineering and support services to the Australian Defence Forces.

- Netherlands: Rotorsim, a consortium owned equally by CAE and AgustaWestland, has prime contractor responsibility for providing one NH90 full-mission flight trainer (FMFT) and an NH90 virtual sensor trainer for training rear crew sensor operators.

- France: Helisim, a training centre based in Marignane, France and jointly held by Eurocopter, Thales, and Defense Conseil International, has ordered an NH90 full-mission simulator from Helicopter Training Media International (HTMI), a joint venture of CAE and Thales responsible for the design and development of NH90 training media, including full-mission simulators.

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$1.4 billion, CAE employs approximately 7,000 people at more than 75 sites and training locations in 20 countries. We have the largest installed base of civil and military full-flight simulators and training devices. Through our global network of 27 civil aviation and military training centres, we train more than 75,000 crewmembers yearly. We also offer modelling and simulation software to various market segments and, through CAE's professional services division, we assist customers with a wide range of simulation-based needs. www.cae.com

High resolution photos of the world's first NH90 simulator are available at www.cae.com/photos

Contacts: CAE contacts: Nathalie Bourque Vice President, Public Affairs and Global Communications 514-734-5788 nathalie.bourque@cae.com Trade media: Chris Stellwag Director, Marketing Communications, Simulation Products and Military Training & Services 813-887-1242 chris.stellwag@cae.com Investor relations: Andrew Arnovitz Vice President, Investor Relations and Strategy 514-734-5760 andrew.arnovitz@cae.com

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