Re Contract

2 April, 2007

           ROLLS-ROYCE SECURES DOUBLE TRENT ORDER FROM CIT AEROSPACE           

Rolls-Royce has signed a deal for two versions of the Trent engine family with
CIT Aerospace, a unit of CIT Group Inc. (NYSE: CIT), and a leading global
provider of commercial and consumer finance solutions. CIT Aerospace is
purchasing the Trent 700 to power four firm and seven option Airbus A330s, and
the Trent 1000 for two firm Boeing 787s on order and options to equip three
additional 787s.

The contract is potentially worth up to $560 million at list prices.

The deal for the Trent 700s includes an order for engines to power two A330s
that have been placed by CIT Aerospace with the Hainan Airlines Group of China,
as announced in August 2006.

To date CIT Aerospace has taken delivery of eight Trent 700 powered A330s,
leased to Edelweiss, Etihad, JMC, and Iberworld.

Mark King, Chief Commercial Officer, Civil Large Engines at Rolls-Royce, said:
"CIT is an established and valued customer and we welcome this opportunity to
expand our business partnership with them. We view this double order from CIT
as an endorsement of the Trent product line, and our strategy of optimising
each type of Trent for its respective aircraft. Through constant development
and the use of innovative technologies, each Trent engine is tailored for its
specific aircraft application. This results in high performance engines with
class-leading economics that are also engineered to minimise environmental
impact."

Jeff Knittel, President, CIT Aerospace, added: "The Trent has proven to be a
reliable engine family combining high performance and low operating costs. More
than 50 percent of airline customers that lease an A330 have chosen the Trent
700. Their inclusion in our portfolio enhances our product offering to
customers."

NOTE TO EDITORS:

 1. The Trent 1000 is the launch engine on all variants of the Boeing 787. ANA
    will begin operating the 787-8 in mid-2008 and will also introduce the
    short-range 787-3 variant in 2010. Air New Zealand will launch the 787-9
    into service, also in 2010. It offers a range of thrusts from
    53,200-75,000lb.
   
 2. Along with this selection, firm and option orders have been placed for a
    total of 179 Trent 1000-powered Boeing 787s by ANA, Air New Zealand,
    Icelandair, LOT Polish Airlines, Northwest Airlines, Blue Panorama, Air
    China, Monarch and leasing companies ILFC, LCAL, Pegasus and two VIP
    operators.
   
 3. The Trent 700 is the market leader on the A330 with a 41 per cent share of
    orders and 34 customers and operators. It was the first Rolls-Royce Trent
    to enter service in March 1995 and is the most powerful engine for the
    A330, with a maximum in-service thrust of 72,000lb.
   
 4. Rolls-Royce is working hard to improve the environmental impact of our
    products and spends more than £1 million a day on research and development
    of new technologies and products. The primary technology investment area is
    aimed at reducing noise and emissions. Rolls-Royce has achieved dramatic
    improvements since the 1960s and is confident of continuing to make
    significant progress.
   
 5. CIT Aerospace, a unit of CIT Group Inc. (NYSE: CIT), provides financing
    solutions to a broad spectrum of the global aerospace value chain ranging
    from operators of commercial and business aircraft to manufacturers and
    suppliers in the aerospace and defense industries as well as financial
    institutions. www.CIT.com
   
For further information:

Annalie Brown
Communications Manager - Civil Aerospace
Rolls-Royce plc
Tel: [phone]
Fax: [phone]
Email: [e-mail]

Caroline Harris
Director - Corporate Communications
Tel: [phone]
Fax: [phone]
Email: [e-mail]