CAE awarded contract by Emirates airline for two full-flight simulators

DUBAI, UNITED ARAB EMIRATES--(Marketwire - Nov. 14, 2011) - (NYSE:CAE)(TSX:CAE) – CAE announced today at the Dubai Airshow that it has received a contract from Emirates airline for two full-flight simulators (FFSs), one for the Airbus A380 aircraft and one for the Boeing 777. Emirates is the world's largest operator of both aircraft types. The contract is worth a total of more than C$34 million at list prices, and brings the total number of FFS sales that CAE has announced to date during fiscal year 2012 to 21.

The Boeing 777 FFS will be delivered to Emirates' training facility in Dubai in the first half of 2013. The A380 FFS will be delivered in the second half of 2013.

"The Emirates brand is based on service excellence, and our pilots are at the heart of our customer service," said Adel Al Redha, Emirates Executive Vice President, Engineering and Operations. "CAE simulators deliver the technology advantage that consistently keeps our pilot training program at peak quality."

"Emirates has been a CAE simulator customer for nearly 20 years and a valued training centre partner for the past decade," said Jeff Roberts, CAE's Group President for Civil Simulation Products, Training and Services. "We are pleased to play a key role in supporting Emirates' continued fleet and route growth."

About Emirates Group

The Emirates Group is a global organization with manifold business interests in the aviation, travel, tourism and leisure industries. Employing more than 57,000 people across its 50 business units and associated firms, it is one of the biggest employers in the region and offers specialist services spanning almost every aspect of the market. With a fleet of more than 160 modern aircraft and nearly 200 more on order, the airline currently flies to 115 destinations in 67 countries from its international hub of Dubai. www.theemiratesgroupgroup.com

About CAE

CAE is a global leader in modeling, simulation and training for civil aviation and defence. The company employs more than 7,500 people at more than 100 sites and training locations in more than 20 countries. Through CAE's global network of 33 civil aviation, military and helicopter training centres, the company trains more than 80,000 crewmembers yearly. CAE's business is diversified, ranging from the sale of simulation products to providing comprehensive services such as training and aviation services, professional services and in-service support. The company aims to apply its simulation expertise and operational experience to help customers enhance safety, improve efficiency, maintain readiness and solve challenging problems. CAE is now leveraging its simulation capabilities in new markets such as healthcare and mining. www.cae.com