ROLLS-ROYCE AND GAMCO SIGN TotalCare AGREEMENT

18 June, 2003

                ROLLS-ROYCE AND GAMCO SIGN TotalCare AGREEMENT                 

Rolls-Royce has been contracted by Gulf Aircraft Maintenance Company (GAMCO) to
support a TotalCare agreement for Gulf Air's fleet of six A330-200s powered by
the Trent 700. The contract, which is valued at $150 million, was announced
today (18 June) at the Paris Air Show.

Under the terms of the agreement, GAMCO will manage the contract on behalf of
Gulf Air. The signing of this agreement further strengthens the relationship
between Rolls-Royce and GAMCO which has existed since GAMCO's founding in the
early 1980s and extends across several Rolls-Royce engine types. Gulf Air has
been a Rolls-Royce customer since its start-up in 1950.

Charles Cuddington, Managing Director - Airlines, Rolls-Royce, said: 'Today's
addition of Gulf Air to the growing list of TotalCare customers underlines the
appeal of our long-term service agreements. TotalCare currently covers 60 per
cent of the Trent fleet and enables operators to remove the risk involved in
fleet management.'

For further information contact:

Martin Johnson

Rolls-Royce Media Centre, Chalet B 48

Tel: + 33 (0) 1 4157 4875 / Fax: 4894

Email: [e-mail]

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