Pembroke, Aircraft Leasing, Financing and Management Services
First B717 To Impulse Airlines

Pembroke Group Announces Delivery of its first Boeing 717 to Impulse Airlines in Australia

Pembroke Group is pleased to announce that it has today accepted the delivery of the first of up to 50 B717 aircraft. The aircraft is leased to Australian low cost operator, Impulse Airlines and is expected to go into immediate service on the Sydney - Brisbane route. Pembroke will lease a second aircraft to Impulse at the end of this month. MeesPierson financed the acquisition of the aircraft. KfW in Germany financed the predelivery payments.

Shane Cooke, Chief Executive of Pembroke said ''We are delighted to take delivery of this the first of our newest lease offerings. The B717 was selected for reasons of proven technology, excellent operational economics and superior passenger comfort in the 100 seat market. As the world's leading lessor of the B717, with 49 units still on order, we are in the unique position that we can offer our customers aircraft on innovative lease and finance packages including wrap-around fleet hour agreements on airframe and engines. This aircraft is ideally suited for the operations of Impulse and we are delighted to be able to support them.''

Gerry McGowan, Executive Chairman of Impulse Airlines said ''We believe the Boeing 717 delivers the best combination of airline economics and passenger comfort. The 717 is perfect for our route requirements, and plans for quick turnaround times. We also expect substantial benefits from operating a fleet of brand-new airplanes.''

Pembroke Group, the aircraft leasing and financial services company, is 50% owned by Rolls-Royce plc and is headquartered in Dublin with offices in Amsterdam, Shannon and Seattle. Pembroke's fleet of owned and managed aircraft numbers 96 and are on lease to 29 operators in 20 countries with 49 Boeing 717 aircraft on order and option.


For further information please contact:
Shane Cooke
Chief Executive Pembroke Group Ltd

Phone:+353 661 0900
Fax No:+353 1 661 2849

Email:
shane.cooke@
pembroke-group.com Simone Corcoran
Corporate Affairs Manager
Pembroke Group Ltd

Phone: + 353 1 661 0900 Fax No:+ 353 1 661 2849

Email:
simone.corcoran@
pembroke-group.com