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CHC shareholders vote yes to First Reserve takeover

May 1,  2008, Vancouver – Shareholders of CHC Helicopter Corp. (TSX:FLY.A) have
voted overwhelmingly to accept a $3.7-billion takeover by First Reserve
Capital Corp.

First Reserve agreed in February to pay $32.68 for each of CHC's
class A and class B shares. The company will also assume assume about
$800 million in debt and includes the assumed liability associated with
off-balance sheet aircraft leases, which the company said is to be
about $1.4 billion or $1.5 billion.