Embraer entered into a framework agreement with China AVIC on industrial cooperation

Embraer S.A. (BOVESPA: EMBR3, NYSE: ERJ), signed today a framework agreement with AVIC (Aviation Industry Corporation of China) aiming to implement a Legacy 600/650 production line in China, using the infrastructure, financial resources and workforce of their joint venture company Harbin Embraer Aircraft Industry Company (HEAI). In the next few weeks the parties shall finalize the details of the project and execute the relevant documentation.

Embraer and AVIC recognize the rapid growth of the Chinese executive aviation market and are encouraged with the potential of the Legacy 600/650 to fulfill the requirements of this demanding market.

Embraer's corporate presence in the PRC dates back from the year 2000, and there are more than 80 Embraer aircraft currently operated in Greater China.

HEAI was established in January 2003, and has produced and delivered 39 ERJ 145 aircraft to date.