CAE sells three full-flight simulators to Air China

MONTREAL, CANADA--(Marketwire - Aug. 7, 2012) - (NYSE:CAE)(TSX:CAE) - CAE today announced that it has sold three full-flight simulators (FFSs) to Air China for the Airbus A320, A330 and Boeing 737 aircraft. The contracts are worth a total of C$42 million at list prices and bring the total number of FFS sales that CAE has announced to date during fiscal year 2013 to 10.

"The contracts with long-time customer Air China reflect CAE's continued leadership position in China," said Jeff Roberts, CAE's Group President, Civil Simulation Products, Training and Services. "Air China has been a CAE simulator customer for nearly two decades, and we are privileged to continue to serve their flight training needs."

The A320, A330 and Boeing 737 CAE 7000 Series simulators will be deployed to the Air China training centre in Beijing in 2013. Each FFS will include the third-generation CAE Tropos™-6000 visual system.

About CAE

CAE is a global leader in modelling, simulation and training for civil aviation and defence. The company employs approximately 8,000 people at more than 100 sites and training locations in approximately 30 countries. CAE offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crewmembers yearly. In addition, the CAE Oxford Aviation Academy offers training to aspiring pilot cadets in 12 CAE-operated flight schools. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, professional services, in-service support and crew sourcing. The company applies simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is leveraging its simulation capabilities in new markets such as healthcare and mining. www.cae.com