Embraer Welcomes Saudi Aramco as New EMBRAER 170 Operator

São José dos Campos, São Paulo, Brazil, 12/07/2010 – First aircraft entered service in November 2010.

Embraer is pleased to welcome Saudi Aramco as a new EMBRAER 170 jet operator in Saudi Arabia. Its first aircraft, delivered at the end of November, will be followed by other EMBRAER 170 jets scheduled for delivery by year-end.

“We are honored by Saudi Aramco’s selection of the EMBRAER 170, and by the confidence they have placed in our aircraft to fulfill an important corporate role,” said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets. “I am convinced that Saudi Aramco will enjoy the EMBRAER 170’s combination of comfort, performance and economics, which has made Embraer’s E-Jets a preferred choice among corporate operators, worldwide.”

The EMBRAER 170 offers a unique solution for corporate flight departments, combining superior performance, low operating costs, reduced emissions levels, advanced engineering design and a spacious cabin without middle seats, all based on the outstanding reliability of a proven airliner platform. With a maximum cruising speed of Mach 0.82, cruise altitudes up to 41,000 feet (12,497 meters) and ranges as long as 2,100 nautical miles (3,890 kilometers), Saudi Aramco’s Embraer 170s will be configured in a standard and spacious 70-seat layout, and feature state-of -the-art fly-by-wire (FBW) technology, which increases operating safety, while reducing pilot workload and fuel consumption.

“We are pleased with the arrival of the EMBRAER 170s,” said Ali A. Al-Ashban, Manager Aviation Department of Saudi Aramco. “Embraer jets have earned a strong reputation in the Middle East, and we believe that the EMBRAER 170 will prove to be a high-quality, cost-effective aircraft for serving our business needs.”

About Saudi Aramco
Owned by the Saudi Arabian Government, Saudi Aramco (saudiaramco.com) is a fully integrated, global enterprise and a world leader in petroleum exploration, production, refining, distribution, shipping and marketing. The company manages the largest proven reserves of conventional crude oil – 260.1 billion barrels – and the fourth-largest gas reserves in the world – 275.2 trillion cubic feet. Saudi Aramco, through its affiliate, Vela International Marine Ltd., owns and operates the world’s second largest tanker fleet to help transport its crude oil production, which amounted to 1.3 million barrels per day in 2009. In addition to its headquarters in Dhahran, Saudi Arabia, Saudi Aramco, through its affiliates, has joint ventures and subsidiary offices in China, Japan, India, the Netherlands, the Republic of Korea, Singapore, the United Arab Emirates, the United Kingdom, and the United States. Saudi Aramco also refines and distributes oil products throughout the Kingdom of Saudi Arabia, to meet daily domestic energy demands.

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 (embraer.com) 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.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations.