Rolls-Royce Wins USD500m Share of JetBlue Order

24 April, 2003

             ROLLS-ROYCE WINS $500 MILLION SHARE OF JETBLUE ORDER              

Rolls-Royce announced today (24 April) that it had won business potentially
worth $500 million as its share of an order for V2500 engines from the American
carrier JetBlue.

The engines will power an additional 115 Airbus A320 series twinjets for the
New York based, low-cost airline consisting of 65 firm aircraft plus 50
options.

JetBlue currently operates 41 A320s and has contracts for a total of 202 of the
jetliners, including those in today's announcement. All their A320s will be
V2500-powered.

The newly ordered aircraft will be delivered between 2004 and 2011.

Mike Terrett, President - Civil Aerospace, Rolls-Royce, said: 'The V2500's
links with JetBlue began four years ago and this repeat business is testimony
to the success of that partnership. JetBlue has a deserved reputation for
innovation and delivering a high quality product, and we look forward to
extending our close ties through the V2500 programme.'

International Aero Engines (IAE), which produces the V2500, is a multinational
consortium comprising Rolls-Royce, Pratt & Whitney of the United States, the
Japanese Aero Engines Corporation and MTU Aero Engines of Germany.

V2500s power Airbus A319, A320 and A321 airliners as well as the A319 Corporate
Jet.

More than 850 V2500-powered aircraft have been delivered, and the worldwide
fleet has accumulated over 20 million flying hours.

Corporate note to editors

Rolls-Royce plc operates in four global markets - civil aerospace, defence
aerospace, marine and energy. It is investing in technology and capability that
can be exploited in each of these sectors to create a competitive range of
products.

The success of these products is demonstrated by the company's rapid and
substantial gains in market share over recent years. As a result, engine
deliveries have grown and the company now has a total of 54,000 gas turbines in
service worldwide. The investments in product, capability and infrastructure to
gain this market position create high barriers to entry.

Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000
corporate and utility aircraft and helicopter operators, 160 armed forces and
more than 2,000 marine customers, including 50 navies. The company has energy
customers in nearly 120 countries. Rolls-Royce employs around 37,000 people, of
which 22,000 are in the UK. Forty per cent of its employees are based outside
the UK - including 5,000 in the rest of Europe and 8,000 in North America.

Most of the engines in service will have operational lives of 25 years or more,
generating an assured aftermarket demand for the provision of spare parts and
services. The company's strategy is to maximise aftermarket revenues which have
increased by 60 per cent over the past five years due to the development of a
comprehensive services capability.

Annual sales total nearly £6 billion, of which over 40 per cent currently comes
from aftermarket services. The order book stands at more than £17 billion,
which, together with aftermarket demand, provides visibility as to future
activity levels.

For further information contact:

Martin Johnson

Civil Aerospace Communications

Rolls-Royce

PO Box 31

Derby DE24 8BJ

UK

Tel:[phone]

Email: [e-mail]