CAE announced today at the Asia Pacific Airline Training Symposium 2014 (APATS) that it has signed a multi-year contract to train Jeju Air’s pilots at CAE’s training centre in Seoul, Korea.

Under the agreement, CAE will provide Boeing 737-800 initial, recurrent training for 250 pilots. The training will be conducted using CAE instructors and the centre’s Boeing 737-800 full-flight simulator.

“We are very pleased to welcome Jeju Air, one of the fastest growing airlines in Korea, as a new customer,” said Nick Leontidis, CAE Group President, Civil Simulation and Training. “Jeju Air pilots will have access to the most advanced training curriculum and technologies.”

“Jeju Air is delighted to choose CAE as its training partner of choice. Safety is our number one priority and world-class training is the cornerstone of safe operations," said Captain Jeon, head of Flight Operations, JeJu Air, "CAE is the global leader in commercial aviation training and this partnership will enable us to offer world-class training to our pilots. “

Jeju Air currently operates 17 B737-800 aircraft and is increasing its fleet to 25 aircraft by 2017.

About CAE (NYSE: CAE; TSX: CAE)

CAE is a global leader in providing comprehensive training solutions based on world-leading simulation technology and integrated training services. The company employs 8,000 people at more than 160 sites and training locations in 35 countries. Our vision is to be our customers’ Partner of Choice and we take a long-term approach to customer relationships. We offer our civil aviation and defence and security customers a complete range of highly innovative product, service and training centre solutions designed to help them meet their mission critical needs for safety, efficiency and readiness. We provide similar solutions to customers in healthcare and mining. CAE has the largest installed base of civil and military flight simulators, supported by a range of after-sales services, and has been serving the needs of its customers for nearly 70 years. We have the broadest training services network in the world and offer civil aviation, military and helicopter training services in 67 locations worldwide and train more than 120,000 civil and military crewmembers annually. www.cae.com

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CAE contacts:

Media: Nathalie Bourque, Vice President, Public Affairs and Global Communications, +1-514-734-5788, [email protected]

Investor relations: Andrew Arnovitz, Vice President, Strategy and Investor Relations, +1-514- 734-5760, [email protected]