Acquisition

ROLLS ROYCE PLC 
9 September 1999

                  ROLLS-ROYCE AGREES TO BUY NATIONAL AIRMOTIVE
                      TO EXPAND GLOBAL AFTERMARKET PRESENCE

Rolls-Royce has signed an agreement to purchase National Airmotive Corporation,
one of America's leading aero and industrial engine repair and overhaul
businesses, for $73 million. The acquisition, from First Aviation Services Inc.
is expected to enhance earnings per share in the first full year of operation.
It represents the latest move in the company's global strategy to grow its aero
and industrial engine repair and overhaul business.

The Rolls-Royce repair and overhaul network presently comprises 14 facilities
either wholly or partly owned, on four continents, servicing 48 different types
of engines for more than 400 operators every year. The acquisition will position
Rolls-Royce in new markets, strengthening the company's position and bringing
new customers in both the aviation and industrial sectors. National Airmotive
had sales of $94 million for the fiscal year ending January 31, 1999 and
carries out repair and overhaul work on a variety of turboprop, turboshaft, and
large turbine aero engines and industrial gas turbines.

Ian Lloyd, Managing Director Rolls-Royce Aero Repair and Overhaul, said, 'We are
delighted to add National Airmotive to our worldwide network of aftermarket
facilities. They have a deserved reputation for excellence. The acquisition
allows us to establish strong positions in Repair and Overhaul market sectors
which are new to us.'

National Airmotive, based in Oakland, California, with 380 employees, has more
than 300 customers in over 45 countries. The company is an authorised
maintenance center for a variety of engines including the T56 and Model 250
engines manufactured by Rolls-Royce in North America.  Last year, National
Airmotive won its largest ever contract with business from the U.S. Navy worth
potentially $189 million for the repair of T56 engines.  The T56 is the
strongest selling large turboprop in the world with over 8,500 in service.

Commenting on the sale, Aaron Hollander, Chairman of First Aviation Services
Inc. said, 'We are pleased to be able to conclude our strategic review of NAC
with this significant development.  Rolls-Royce is absolutely the best long-term
owner for NAC and its employees given its strategic objective to participate in
the Rolls-Royce Allison aftermarket.'

The agreement is subject to Rolls-Royce and First Aviation Services securing the
necessary regulatory approvals.

Note to Editors:

Rolls-Royce plc is a global company meeting present and future requirements of
civil aerospace, defense, marine and energy markets with facilities in 14
countries. Its core gas turbine technology has created one of the broadest
product ranges of aero engines in the world, wilth some 55,000 engines in
service with 300 airlines, 2,400 corporate and utility operators and more than
100 armed forces, powering both fixed and rotary wing aircraft. In addition,
more than 30 navies use Rolls-Royce propulsion. Energy markets include the oil
and gas industry and power generation. 
Rolls-Royce, the pioneer of gas turbine technology for aerospace, power
generation and marine propulsion, is today involved in the major future programs
in these fields, including the Trent aero, industrial and marine engines, combat
engines for the Eurofighter Typhoon and Joint Strike Fighter, and the WR21
marine engine.

First Aviation Services Inc. (NASDAQ: FAVS) is a worldwide leader in providing
services to aircraft operators of some of the most widely used military,
commercial and general aviation engines as well as operators of industrial
engines. In addition to National Airmotive Corporation, its operations include
Aerospace Products International, headquartered in Memphis, Tennessee, which is
the fastest growing supplier of aircraft parts and services to the general
aviation and commercial airline market in the United States.

FOR FURTHER INFORMATION PLEASE CONTACT

Robert N. Baugniet                               John A. Marsalisi
Vice President - Corporate Communications        Vice President & CFO
Rolls-Royce North America                        First Aviation Services Inc.
Tel: [phone] Ext. 6002                    Tel: [phone]
Fax: [phone]                              Fax: [phone]

Chris Springham
Director - Media Relations
Rolls-Royce plc
Tel: [phone]
Fax: [phone]

Rolls-Royce home page. www.rolls-royce.com