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19/04/2006

EMBRAER BEGINS PHENOM 300 JET JOINT DEFINITION PHASE

São José dos Campos, April 19, 2006 – Embraer announced today that it has commenced the Joint Definition Phase (JDP) of its Phenom 300 to design a premium quality light jet for outstanding performance, elegance and comfort, and solid reliability.

“The Phenom 300 is the first clean-sheet design of its category in over two decades,” said Luís Carlos Affonso, Senior Vice–President, Executive Aviation Market. “This collaborative initiative with our suppliers gathers another 300 engineers from Embraer, in addition to those allocated to the Phenom 100 program, and will enable us to deliver best-of-breed light jets in mid-2009.”

The Phenom 300 will bring unparalleled performance to its class with its high speed, short field operation and Embraer’s heritage of
engineering aircraft for high- utilization and low operating cost. The revolutionary Oval LiteTM cabin profile offers spacious comfort with fine appointments designed by BMW Group Designworks USA.

To showcase the Phenom 300’s premium space, comfort and luxury, a full-size mock-up of the Phenom 300 is on tour throughout North America, Europe and Latin America. To meet up with the Phenom Tour and experience the Phenom 100 or Phenom 300, please check the tour calendar posted on our website www.embraerexecutivejets.com.

About the Phenom Jets

The Phenom 100 and the Phenom 300 jets are best-in-class. Premium comfort, outstanding performance and low operating costs are key design drivers for these jets. Both aircraft will offer pilots and passengers the comfort and style unseen in their categories. The relaxing
ambience is enhanced by the size of the generous windows and the most ample cabin in their class. Onboard conveniences include a wardrobe or refreshment center, an aft cabin private lavatory with toiletry cabinet, and satellite communications.

The Phenom 100 will comfortably accommodate four passengers in a typical club configuration, and be powered by Pratt & Whitney Canada’s PW617F engine, with 1,615 pounds of thrust. Its range will be 1,160 nautical miles (NBAA IFR reserves, 35 min, with 100 nm alternate), or 1,320nm (VFR reserves, 45 minutes), with four people onboard, and it will have a maximum operating speed of Mach 0.7. The airplane is designed for short field takeoff performance and is capable of flying at 41,000 feet (12,500 meters). The Phenom 100, priced at US$ 2.75 million in 2005 economic conditions through May 31, 2006, is expected to enter service in mid-2008.

The Phenom 300 jet will be powered by Pratt & Whitney Canada’s PW535E engines, with 3,200 pounds of thrust each. Comfortably accommodating up to nine people, its range will be 1,800 nautical miles (NBAA IFR reserves, with 100 nm alternate) with six people onboard, and it will have a maximum operating speed of Mach 0.78. The airplane is also designed for short field takeoff performance and is capable of flying at 45,000 feet (13,700 meters). The Phenom 300 is expected to enter service in mid-2009 and be priced at US$ 6.65 million based on 2005 economic conditions.

For more information on the Phenom, please visit www.embraerexecutivejets.com

Note to Editors

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is the world’s leading manufacturer of Commercial jets up to 110 seats with 36 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the global Airline, Defense and Business jet markets. With headquarters in São José dos Campos, state of São Paulo, the Company has offices and customer service bases in the United States, France, Portugal, China and Singapore. Embraer is among Brazil’s leading exporting companies. As of March 31, 2006, Embraer had a total workforce of 17,144 people, and its firm order backlog totaled US$ 10.4 billion.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect the Company’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where the Company does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. The Company does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Company expectations.

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