Sao Jose dos Campos, April 14, 2008 – Embraer finished assembling the first Phenom 300 jet at its Gaviao Peixoto plant in Sao Paulo, Brazil, on April 12. The rollout precedes a series of ground tests to be conducted in preparation for the jet’s first flight. Moreover, the final assembly of the second Phenom 300 has already begun at the same plant.

Expected to enter service in the second half of 2009, the Phenom 300 is priced at US$ 6.65 million, based on January 2005 economic conditions, in the baseline configuration, for FAA certification.

More information about Embraer Executive Jets is available at www.EmbraerExecutiveJets.com.

Embraer (Empresa Brasileira de Aeronautica S.A. -NYSE: ERJ; Bovespa: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil's leading exporters. Embraer's headquarters are located in Sao Jose dos Campos, Sao Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments. The Company also provides after sales support and services to customers worldwide. On March 31, 2008, Embraer had a workforce of 23,878 employees and a firm order backlog of US$ 20.3 billion.

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