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São José dos Campos, March 30, 2005 – Embraer today announced the appointment of Luís Carlos Affonso as its new Senior Vice-President for the Corporate Aviation Market. Affonso will be responsible for the corporate aviation business, comprising business and product strategies, as well as marketing, sales and customer support for this segment.

Affonso has been with Embraer for 22 years. Most recently serving as Senior Vice- President of Engineering and New Product Development, he led the EMBRAER 170/190 program since its inception, strongly advancing Embraer’s position in the airline market. Previously, Affonso was Chief Engineer for the successful ERJ 145 program.

The new corporate aviation executive was introduced by Embraer CEO Maurício Botelho on the eve of the third edition of the Latin American Business Aviation Conference and Exhibition (LABACE), to be held in São Paulo from March 31 to April 2. Affonso met the media and presented Embraer’s corporate aviation business during a press conference at the show.

I am thrilled to take charge of such a vibrant segment of Embraer and feel highly motivated by the prospects of this business line,” said Luís Carlos Affonso, newly appointed Senior Vice-President for Corporate Aviation. “With an outstanding product like the Legacy, Embraer is making firm strides in the business aviation world. My mission is to advance Embraer’s position in the corporate jet market.

Embraer entered the corporate jet market with the Legacy aircraft in 2000. Today, 49 Legacys are flying in 12 countries, a remarkable achievement for a product that was certified just under three years ago.

This month, Embraer announced the Legacy’s service ceiling rise to 41,000 feet and other cabin upgrades, including the High Speed Data with Wi-Fi connection and the pleated window shades. All of these new features will be available still in the first half of 2005.

Embraer will continue to invest in product improvement and innovation to meet and exceed customer requirements. It is this commitment to product excellence that has enhanced the Legacy’s value proposition and made it an obvious choice among business jets.

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About the Legacy Family

The Legacy is a super mid-size business jet based on the successful ERJ 135/145 regional jet platform with 900 aircraft delivered, more than 7 million hours flown and a dispatch reliability of over 99 percent.

The Legacy Executive carries up to 16 passengers in a 1,410 cu ft (39.9 m3) first-class cabin and is priced at $22.45 million USD (January 2005 economic conditions). It cruises at a speed of up to Mach .80 and offers a range of 3,250 nm (6,019 Km) with 8 passengers and NBAA IFR reserves. The Legacy Shuttle transports up to 19 passengers in business-class comfort or up to 37 passengers in the Shuttle HC version. The Legacy boasts the largest baggage compartment in the industry with 240 cu ft (6.8 m3) in the Executive and 325 cu ft (9.2 m3) in the Shuttle.

With the most spacious cabin in its class and priced at about a third less than comparable aircraft, the Legacy offers an unprecedented balance between comfort, reliability and performance.

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 35 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft for the global Airline, Defense and Corporate markets. With headquarters in São José dos Campos, state of São Paulo, the Company has offices and customer service bases in China, France, Singapore and the United States. Embraer is among Brazil’s leading exporting companies. As of December 31, 2004 Embraer had a total workforce of 14,648 people, and its firm order backlog totaled US$ 10.1 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 other: general economic, politic 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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