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Hong Kong Aircraft Engineering Company Limited

For Immediate Release 27 March 2015

HAESL Receives First Rolls-Royce Trent XWB Engine

HAECO Group announced today that Hong Kong Aero Engine Services Limited ("HAESL"), the Group's engine services facility in Hong Kong, has taken delivery of its first Rolls-Royce Trent XWB engine. The engine will support the crosscalibration of HAESL's test cell, marking an important milestone in the company's progress towards development of full Trent XWB capability. HAESL is on schedule to be equipped with Trent XWB engine overhaul capability by the end of 2015, thereby becoming one of only a few overhaul facilities in the Rolls-Royce global network providing Trent XWB engine overhaul services to airlines operating Airbus A350 XWB fleets.

To meet the future needs of servicing the Rolls-Royce Trent XWB engine, HAESL will construct a new four-storey, 13,000 square-metre facility, which will house engine overhaul workshops, offices and training rooms. The new facility, named Phase VI, will be constructed with optimisation of operational and material flow and sustainability in mind.

Augustus Tang, HAECO Group's Chief Executive Officer said: "We are committed to keeping abreast of new technology and to providing best-in-class aircraft engineering and maintenance solutions to airlines worldwide. The arrival of the first Rolls-Royce Trent XWB engine is a testament to our continuous efforts to enhance our technical capabilities and service offering."

Richard Kendall, HAESL's Director and General Manager said: "The Rolls-Royce Trent XWB is one of the world's most efficient large civil aero engines and the fastest-selling Trent engine ever. The development of Trent XWB engine overhaul capability will reinforce HAESL's position in providing world-leading services and comprehensive engine maintenance solutions to operators of Airbus A350 XWB in the Asia Pacific region."

The Rolls-Royce Trent XWB engine is the sixth generation of the Trent engine family and the sole engine type powering Airbus A350 XWB aircraft.

-End-


(From left) Richard Kendall, HAESL's Director and General Manager, Eric Schulz, Rolls-Royce
President of Civil Large Engines, and Augustus Tang, HAECO Group's Chief Executive Officer dot
the eyes of the lions at HAESL's Trent XWB inauguration ceremony.


HAESL takes delivery of its first Rolls-Royce Trent XWB engine.

About Hong Kong Aircraft Engineering Company Limited ("HAECO Group")
HAECO Group is one of the world's leading aircraft engineering and maintenance service providers. It provides a comprehensive range of services encompassing Airframe Services, Line Services, Cabin Solutions, Private Jet Solutions, Fleet Technical Management, Inventory Technical Management, Component Overhaul, Aerostructure Repairs, Landing Gear Services, Engine Services, Parts Manufacturing and Technical Training. The HAECO Group consists of 19 subsidiaries and affiliates, employing about 17,000 staff in Hong Kong, Mainland China, Singapore and the United States. The HAECO Group is publicly listed on the Hong Kong Stock Exchange (Stock Code: 00044). HAECO Group's website: www.haeco.com

About Hong Kong Aero Engine Services Limited ("HAESL")
HAESL provides world-class aero engine and component repair services to many of the world's most respected airlines that have chosen Rolls-Royce to power their fleet of Airbus and Boeing Aircraft. HAESL is a joint venture company between Rolls-Royce plc, Hong Kong Aircraft Engineering Company Limited (HAECO Group), a member of the Swire Group and SIA Engineering Company (SIAEC).


Source: Hong Kong Aircraft Engineering Company Limited
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