Re Contract

1 May 2012

           ROLLS-ROYCE RECEIVES $315 MILLION CONTRACT TO SUPPLY
                            LIFTSYSTEM TECHNOLOGY

Rolls-Royce, the global power systems company, has received a contract for $315
Million from Pratt & Whitney to supply the Rolls-Royce LiftSystem® for 17 F-35B
Lightning II aircraft.

Rolls-Royce is the only company in the world to produce the advanced technology
that enables F-35B aircraft to perform Short Take Off and Vertical Landings
(STOVL), and that provides increased mission flexibility.

Neil Mehta, Rolls-Royce LiftSystem Programme Director said, "Rolls-Royce
continues to focus on increasing efficiency as we provide this vital capability
to the F-35 Lightning II Joint Strike Fighter programme. We anticipate
continuous cost improvements as production volumes ramp up to meet the needs of
the F-35 programme."

The LiftSystem comprises a Rolls-Royce LiftFan®, Roll Posts and a 3-Bearing
Swivel Module. Rolls-Royce is a subcontractor to Pratt & Whitney, which
manufactures the F135 engine for the F-35 Lightning II programme. Under the
contract, Rolls-Royce will produce 17 LiftSystems for the fourth lot of
Low-Rate Initial Production (LRIP) through 2012, with a further order for the
fifth lot expected later in the year. To date, Rolls-Royce has delivered 32
LiftSystems, plus spare parts.

In 2011, the LiftSystem proved successful in the first ship-borne landings on
the USS Wasp, as well as completing 268 vertical landings overall. The first
three production F-35B aircraft were delivered to Eglin Air Force Base in the
US in January to begin training.

Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services for
use on land, at sea and in the air, and has established a strong position in
global markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer base
comprising more than 500 airlines, 4,000 corporate and utility aircraft and
helicopter operators, 160 armed forces, more than 4,000 marine customers,
including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenues were £11.3 billion in 2011, of which more than
half came from the provision of services. The firm and announced order book
stood at £62.2 billion at 31 December 2011, providing visibility of future
levels of activity.

4. Rolls-Royce employs 40,400 skilled people in offices, manufacturing and
service facilities in over 50 countries. Over 11,000 of these employees are
engineers.

5. In 2011, Rolls-Royce invested £908 million on research and development, two
thirds of which had the objective of further improving the environmental
performance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,
which connect the company's engineers with the forefront of scientific
research.

7. The Group has a strong commitment to apprentice and graduate recruitment and
to further developing employee skills.

For further information, please contact:

Investor relations: 

Simon Goodson
Director - Investor Relations
Rolls-Royce Holdings plc
Tel: [phone] 
E: [e-mail]

Media relations: 

Josh Rosenstock 
Director of External Communications 
Rolls-Royce Holdings plc 
Tel: [phone] 
E: [e-mail] 

www.Rolls-Royce.com