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Eurocopter Canada completes sale to Villeneuve Hélicoptères Ltée

Feb. 27, 2008 – Eurocopter Canada Ltd. has signed a contract for two AS350 B2 aircraft to Villeneuve Hélicoptères Limitée based in Quebec. Villeneuve has also taken out an option for two additional AS350 B2 aircraft and plans to use the helicopters in its leasing business.

“All of us within the company are thrilled to be acquiring these helicopters from Eurocopter,” said Regis Villeneuve, President of Villeneuve Helicopteres Limitee. “Not only does Eurocopter produce a superior product, but their service excellence is unmatched in the industry.”

The AS350 B2 is a high performance, single engine helicopter that offers superior ceiling and lift capacity. The aircraft has the capacity to carry five passengers plus a pilot, and comes with a VEMD multifunction cockpit display to reduce pilot workload and fatigue.

“We’re pleased to make this strategic sale in the Quebec market given our renewed focus on this province,” said Marie-Agnès Vève, President and Chief Executive Officer of Eurocopter Canada. “Going forward, Quebec will continue to play a central part in our growth plans for Canada.”

Eurocopter Canada is significantly growing its operations throughout the country, including an expansion of its main facility in Fort Erie, Ontario; the opening a new logistics facility in Richmond, British Columbia; and re-establishing its operations in Quebec. Eurocopter Canada forecasts that it will deliver its 500th helicopter in Canada within the next 12 months.