EMBRAER NAMES NEW CFO

São José dos Campos, December 17, 2010 – Cynthia Marcondes Ferreira Benedetto has been appointed the Company’s new CFO, today. She takes up the responsibilities of Luiz Carlos Aguiar, who will become the President and CEO of the recently created Embraer Defense and Security unit.

Currently Embraer’s Director of Finance, she will assume her new position on January 1, 2011. Cynthia has a degree in Economy, postgraduate in financial administration and auditing, and an MBA from Fundação Getúlio Vargas (FGV).

A seasoned executive with vast experience and market recognition, she has been with the Company since 1986 and over the past nine years has been at the helm of Embraer’s Finance Department.
“Cynthia will be a great addition to our senior management team”, said Frederico Fleury Curado, Embraer’s President and CEO. “Her skills, leadership and experience will strongly contribute to Embraer’s focus on continuous improvement, solid financial performance and long term sustainability.”

Note to Editors

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the United States. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On September 30, 2010, Embraer had a workforce of 17,009 employees – not counting the employees of its partly owned subsidiaries – and its firm order backlog totaled US$ 15.3 billion.