Press and Events


28/11/2001

EMBRAER WILL BE PRESENT AT BUSINESS AVIATION BRAZIL 2001

Embraer will participate in the First Business Aviation Brazil (BAB 2001), an international air show and conference event scheduled to open November 28, Wednesday at 10:00 a.m. The venue is the newly inaugurated Transamerica ExpoCenter exhibition hall in São Paulo.

The event is organized by the Brazilian Association for General Aviation (ABAG) and for three days, 32 exhibitors such as aircraft manufacturers, charter flight companies, suppliers and service providers related to the business jet industry, and aerospace trade magazines will have the opportunity to show their products and conduct business.

Business aviation professionals – to whom the show is dedicated – will be able to get more information about Embraer’s new Legacy business jet at the 150 square meter display. The stand, specially built for this event, will feature a mock-up of the new plane, information charts, and promotional material on both the aircraft and Embraer. Embraer representatives will be on hand to answer visitors’ questions.

The Legacy program was launched at the Farnborough Air Show in July 2000. Its maiden flight took place in less than one year, in late April 2001. The aircraft is based on the ERJ 135 platform with an executive version configured for up to 15 seats and a Shuttle version with up to 19-seat capacity. The Legacy is currently in the final certification phase. It has a range of 3,200 nautical miles at .8 Mach.

As of October 31, 2001, Legacy orders stand at 44 firm and 48 options. Six units have already been sold in Brazil with six options negotiated, with first delivery scheduled for January 2002.

Note to editors

Embraer (NYSE: ERJ; Bovespa: EMBR3 and EMBR4) is the world’s fourth largest commercial aircraft manufacturer and is headquartered in São José dos Campos, state of São Paulo, with offices and customer service bases in Australia, China, France, Singapore and the United States, and a total workforce of 10.9 thousand people. Embraer (Empresa Brasileira de Aeronáutica S.A.) is Brazil’s largest exporter for the two preceding years and from January to October 2001; as of October 31st, 2001 its backlog for firm orders amounts to US$ 11.1 billion and US$ 12.5 billion in options. Embraer has 32 years of experience in designing, developing, manufacturing, selling and providing after sales support to aircraft aimed for the world airline, corporate and defense markets.

This press release includes forward-looking statements or statements about events or circumstances which have not occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things: general economic, political and business conditions, both in Brazil and in our markets; anticipated trends in our industry; our expenditure plans; our ability to develop and deliver our products on a timely basis; and existing and future governmental regulation. The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects” and similar words are intended to identify forward-looking statements. We undertake no obligations to update publicly or revise any forward-looking statements because of new information, future events or other factors. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements.

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