Re Contract

11 April, 2007

             ROLLS-ROYCE TRENT WINS FIRST ORDER FOR A330 FREIGHTER             

The Rolls-Royce Trent 700 has won its first order for the recently-launched
Airbus A330-200 freighter through Guggenheim Aviation Partners (GAP), a
subsidiary of Guggenheim Partners. GAP has selected the engine for up to six
aircraft in a deal worth around $200 million to Rolls-Royce at list prices.
Deliveries to the US-based cargo leasing specialist will start in 2010.

GAP customers will also be offered a Rolls-Royce TotalCare® service package,
under which Rolls-Royce takes full responsibility for engine maintenance.

Chris Cyr, Executive Vice President - Americas at Rolls-Royce, said: "The Trent
700 is the most capable engine for the A330F, providing freighter operators
with the greatest operational flexibility in terms of route and network
options. It is also the cleanest and quietest engine for the aircraft, making
it an excellent choice for operators to minimise their environmental impact.

"This decision also establishes a new relationship for us as Guggenheim
Aviation Partners joins the growing list of Trent customers."

The Trent 700 is the only engine on the A330 that has been specifically
designed for the aircraft, resulting in better performance, reliability and
maintenance costs. It is the market leader on the A330 with a 42 per cent share
of orders and 35 customers and operators.

A programme of continuous improvement, involving the retrofitting of latest
Trent family technology, ensures that the Trent 700 will offer increased
benefits to customers, such as the lowest fuel burn of any engine on the A330
freighter.

NOTE TO EDITORS:

 1. The Trent 700 was the first engine in the Trent family to enter service in
    March 1995 and is the most powerful engine for the A330, with a maximum
    in-service thrust of 72,000lb.
   
 2. In the last three years, the Trent 700 has been successful in more than 80
    per cent of A330 engine competitions featuring aircraft leasing companies.
   
 3. The Trent 700 is the most environmentally friendly engine on the A330. It
    is the quietest and cleanest option, with the greatest margin to CAEP 4
    legislation.
   
 4. Rolls-Royce is working hard to improve the environmental impact of its
    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.
   
For further information:

Martin Brodie
Tel: [phone]
Email: [e-mail]