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Legend Development Co. Ltd. has become the first company in Asia to take delivery of a Legacy Executive aircraft. Legend is owned by Macao-based entrepreneur Mr. Chow Kam Fai David. The delivery ceremony took place at Embraer headquarters on September 28, 2004.

“We are certain that Mr. Chow will be very pleased with the performance of his new airplane. For our Company, delivery of the first Legacy aircraft in Asia is a milestone. For our distinguished customer, Embraer will make it a rewarding choice,” said Guan Dongyuan, Director for the Civil Aviation Market in China.

As the Chairman and CEO of Legend Development Co., Ltd., Mr. Chow said: “I believe that I will buy more corporate jets in the future, when the market is evolved and prosperous. I also believe that the introduction of the corporate aviation business will help to further explore Macao’s tourism paradise.”

The Legacy super mid-size business jet is based on the successful ERJ 135/145 regional jet platform, with more than 800 aircraft delivered, close to 6 million hours flown and a dispatch reliability of over 99 percent. The maturity of its platform ensures Asian customers will also benefit from the Legacy’s high availability and will be able to rely on its global customer support network for smooth operation.

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The Legacy Executive carries up to 16 passengers in a 1,410 cu ft (39.9 m3) first-class cabin. 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 capability, luxury and value.

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 Australia, China, France, Singapore and the United States. Embraer is among Brazil’s leading exporting companies. As of June 30, 2004 Embraer had a total workforce of 14,207 people, and its firm order backlog totaled US$ 10.5 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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