Netherlands MoD Signs Two Contracts With CAE Valued at CAD$60 million

Montreal, Canada (ots/PRNewswire) -

- CAE Will Design and Deliver C-130H and KDC-10 Full-Mission
Simulators

- CAE Will Provide 15 Years of Maintenance and Support Services

(NYSE: CGT; TSX: CAE) - CAE announced today that the Netherlands
Ministry of Defence (NL MoD) has signed two contracts with a combined
value of CAD$60 million ((euro)43 million) for CAE to design two
full-mission simulators (FMS) for the Royal Netherlands Air Force
(RNLAF) as well as provide comprehensive maintenance and support
services.

CAE will design and manufacture one C-130H FMS and one KDC-10 FMS
for the RNLAF to support flight and mission training. Both simulators
will be qualified to Level D standards, the highest qualification for
flight simulators, by the Netherlands Militaire Luchtvaart Autoriteit
(Military Aviation Authority). The simulators will be delivered and
made ready for training in early 2009.

The RNLAF operates the Lockheed Martin C-130H as a medium-lift
transport aircraft, and operates the KDC-10 as a tanker and strategic
transport.

"We are pleased to continue our long-standing relationship with
the Royal Netherlands Air Force as a provider of state-of-the-art
training systems," said Marc Parent, CAE's Group President,
Simulation Products and Military Training & Services. "We have been
training RNLAF CH-47 Chinook aircrews at our facility in the U.K. and
C-130 aircrews at our facility in Tampa, and now look forward to
providing high fidelity training systems and long term services to
ensure the RNLAF C-130 and KDC-10 aircrews are mission-ready."

Both simulators will feature CAE's next-generation technology,
including the CAE Medallion(TM)-6000 visual system and Liquid Crystal
on Silicon (LCoS) projectors. Following delivery of the two
simulators in 2009, CAE will provide on-site maintenance and support
services.

CAE is a world leader in providing simulation and modelling
technologies and integrated training solutions for the civil aviation
industry and defence forces around the globe. With annual revenues
exceeding CAD$1 billion, CAE employs approximately 6,000 people at
more than 75 sites and training locations in 20 countries. We have
the largest installed base of civil and military full-flight
simulators and training devices. Through our global network of 27
civil aviation and military training centres, we train more than
75,000 crew members yearly. We also offer modelling and simulation
software to various market segments and through CAE's professional
services division, we assist customers with a wide range of
simulation-based needs. http://www.cae.com

ots Originaltext: CAE Inc
Im Internet recherchierbar: http://www.presseportal.de

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For further information: CAE contacts: Nathalie Bourque, Vice
President, Public Affairs and Global Communications, +1-514-734-5788,
nathalie.bourque@cae.com; Trade media: Chris Stellwag, Director,
Marketing Communications, Simulation Products and Military Training &
Services, +1-813-887-1242, chris.stellwag@cae.com; Investor
relations: Andrew Arnovitz, Vice President, Investor Relations and
Strategy, +1-514-734-5760, andrew.arnovitz@cae.com