Alpi Eagles Confirms Five Embraer 195 Jet Options

Released on Wednesday, June 20, 2007

S�o José dos Campos, June 20, 2007 � Embraer informs that Italy's Alpi Eagles has confirmed five options for the EMBRAER 195 jet from its original order for five aircraft of this model, announced last March. The value of the confirmed options, at list price, comes to US$ 182.5 million. Alpi Eagles now has ten jets in its backlog, and deliveries are scheduled to begin in April 2008.

"Alpi Eagles has a history of making good strategic decisions. The confirmation of the company's five options further establishes the fact that the E-Jets family is right for the market," said Mauro Kern, Embraer Executive Vice President, Airline Market.

"The EMBRAER 195 will provide them with a unique combination of operational flexibility, distinctive passenger comfort and highly attractive economics."

The EMBRAER 195 will be serving the airline's intra-European routes, configured in a single-class, 122-seat interior. The airline is the world's launch customer for the high-capacity version of the EMBRAER 195, announced in July 2006 at the Farnborough Air Show, in London, U.K., along with the similar versions of the other models of the EJets family (EMBRAER 170, EMBRAER 175, and EMBRAER 190).

"Today, we are especially pleased to announce, at the Paris Air Show 2007, that we will be taking five more EMBRAER 195 E-Jets," said Paolo Sinigaglia, President of Alpi Eagles. "The new aircraft, together with the other five EMBRAER 195 jets we already have on order, will be the backbone of our development in Europe."

The EMBRAER 195 is the largest aircraft of the four E-Jets. The first delivery occurred in September 2006. On March 31, 2007, the E-Jets family order book had logged 630 firm orders and 558 options, totaling 1,188 aircraft to 32 customers in 22 countries.