Re Contract

14 March, 2008

             EGYPTAIR SELECTS ROLLS-ROYCE TRENT 700 AND TOTALCARE              

                             FOR ADDITIONAL A330s                              

EgyptAir has selected the Rolls-Royce Trent 700 to power an additional fleet of
up to eight Airbus A330s, due for delivery from 2011. Including a TotalCare®
long-term services agreement, the contract is valued at around $500 million at
list prices.

The airline already operates a fleet of seven Trent 700-powered A330s and 16
Airbus A320-family aircraft powered by the V2500, which is made by the IAE
(International Aero Engines) consortium in which Rolls-Royce is a leading
shareholder.

As part of the new agreement, Rolls-Royce has agreed to establish a
jointly-owned management services company in Cairo. It will provide EgyptAir
with support for its new engine workshop, as well as data management and
technical and logistics services for engines, including the Trent 700 and
V2500.

Abdel Aziz Fadel, Chairman and CEO of EgyptAir M&E said: "Our experience with
the existing fleet of Trent 700-powered A330s has been excellent and we have
been especially impressed with the engine's performance in the hot, sandy
conditions we operate in at Cairo. Rolls-Royce has shown it is sensitive to our
in-service support needs and we are delighted to be extending our existing
relationship with the company through its involvement in our maintenance and
overhaul facility."

Jim Sheard, Senior Vice-President - Airlines, Rolls-Royce plc, added: "We have
worked closely with EgyptAir to find a solution that meets their requirements
and we're looking forward to a closer working relationship in the future. As
the original equipment manufacturer, we are in the ideal position to provide an
unrivalled level of support to customers throughout the lifetime of our
products. This is a solution that works for all parties."

The Trent 700 holds a dominant position on the A330 with a 53 per cent market
share and has an unprecedented record of 100 per cent of follow-on orders from
A330 customers. Including this agreement, 11 customers have placed additional
orders for the Trent 700 following an initial fleet purchase.

NOTE TO EDITORS:

 1. The Trent 700 is the first engine in the successful Trent family and
    entered service in 1995. It is the most powerful engine for the A330, with
    a maximum in-service thrust of 72,000lb, and has been selected by 52 A330
    customers and operators. It is also the quietest and cleanest option for
    the A330, with the greatest margin to CAEP 4 legislation.
   
 2. Trent 700s have logged eight and a half million flying hours and almost two
    and a half million flights on 214 A330s.
   
 3. The Trent 700 continues to be the engine of choice on the A330 and is
    growing its market share. In the next three years, approximately 60 per
    cent of A330 deliveries will be Trent 700-powered, and the number of Trent
    700 engines delivered will be equivalent to 80 per cent of the entire
    number delivered to date.
   
 4. A programme of continuous improvement, involving the introduction of the
    latest Trent family technology to the Trent 700, will ensure increased
    benefits to customers, such as the lowest fuel burn of any engine on the
    A330.
   
 5. Rolls-Royce continues to invest in core technologies, products, people and
    capabilities with the objective of broadening and strengthening the product
    portfolio, improving efficiency and enhancing the environmental performance
    of its products. These investments create high barriers to entry.
   
 6. Annual sales were £7.4 billion in 2007, of which 55 percent came from
    services revenues. The firm and announced order book is £45.9 billion, of
    which aftermarket services represent 30 percent, providing visibility of
    future levels of activity.
   
 7. TotalCare, tailored for individual operators, offers a range of services
    from
    Rolls-Royce covering all aspects of asset management in support of its
    Civil Aerospace products. Building on the company's knowledge, experience
    and infrastructure, these services include elements such as predictive
    maintenance, logistics management, and global repair and overhaul
    offerings. TotalCare can remove uncertainties from engine management and
    improve operational reliability for operators through a mutually aligned
    business relationship.
   
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Martin Johnson

Vice President, Communications

Rolls-Royce plc

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