CAE achieves industry first with Level D certification of two Falcon 7X simulators and receives Level D certification for G450/550 simulator

Montreal, March 13, 2008 – (NYSE: CGT; TSX: CAE) – CAE achieved industry firsts with the receipt of Level D certification, the highest qualification for flight simulators, for two CAE-built Dassault Falcon 7X full-flight simulators (FFSs) located in CAE’s Burgess Hill training centre in the U.K. and CAE’s North East Training Centre (NETC) near Morristown, New Jersey. CAE also announced that a Gulfstream G450/550 full-flight simulator located in the NETC had been certified to Level D.

“Receiving Level D certification for the world’s first Falcon 7X simulators and for the Gulfstream G450/550 simulator confirms that our customers are training on the highest quality flight training equipment,” said Jeff Roberts, CAE’s Group President, Innovation and Civil Training and Services. “CAE has a wealth of experience in developing simulators for new types of aircraft and these latest achievements reinforce our position as the leading provider of innovative simulation technology.”

All three full-flight simulators were qualified by the U.S. Federal Aviation Administration (FAA) and the Joint Aviation Authorities (JAA).

The CAE Burgess Hill training centre offers Falcon 7X, Falcon 900EX EASy, and Falcon 2000EX EASy training programs, and also houses Airbus A320, A340-600 and Boeing B747-400 full-flight simulators for commercial aviation training. The NETC offers a range of training programs for business jets, including training for the Dassault Falcon 7X, Falcon 900EX EASy, Falcon 2000EX EASy, Gulfstream IV, Sikorsky S-76, and Gulfstream G450/550 aircraft.

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 C$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 crewmembers 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. www.cae.com