New price effective July 1, 2007

São José dos Campos, May 11, 2007 – Embraer announces an increase in the price of the Phenom 100 jet, effective July 1, 2007. The aircraft will be priced at US$ 2.98 million for the U.S. Federal Aviation Administration (FAA) certification, based on January 2005 economic conditions in a baseline configuration. The current price of the Phenom 100 is US$ 2.85 million.

“The first Phenom 100 jet is in its final assembly stage and scheduled to fly very soon,” said Luís Carlos Affonso, Embraer Executive Vice President, Executive Jets.  “The Phenom 100 and Phenom 300 jets have met with great market acceptance, and are nearing 400 firm orders.”

In late March, the wing-fuselage mating was performed on the first Phenom 100 and final assembly is progressing successfully. The second Phenom 100 has just arrived at Embraer’s main plant, in São José dos Campos, to begin final assembly.

Embraer’s Phenom Tour continues to circle the globe, showcasing full-scale mock-ups of the Phenom 100 and Phenom 300 jets, which will be on display from May 22-24, at the European Business Aviation Conference & Exhibition (EBACE), in Geneva, Switzerland.  For the complete Phenom Tour schedule, visit www.EmbraerExecutiveJets.com.

About the Phenom Jets
The Phenom 100 and the Phenom 300 jets are best-in-class. Premium comfort, outstanding performance and low operating costs are key design drivers for these jets. Both aircraft will offer pilots and passengers the comfort and style previously unknown in their categories. The relaxing ambience is enhanced by the size of the generous windows and the most
ample cabin in their class. Onboard conveniences include a wardrobe or refreshment center, an aft cabin private lavatory with toiletry cabinet, and satellite communications.

The pilot-friendly cockpit and the docile flying qualities of the two new aircraft will enable single-pilot operation. Drawing from Embraer’s design and engineering experience, the Phenom 100 and the Phenom 300 will be built for high utilization and availability. For added safety and reliability, both jets will offer a standard anti-skid brake-by-wire system.  Based on Garmin’s all-glass, fully-integrated avionics suite, the ProdigyTM flight deck offers Phenom jet operators more advantages than any other avionics suite on today’s  market. The cockpit features three interchangeable 12-inch displays – two Primary Flight Displays (PFD) and one Multi-Function Display (MFD). The system integrates all primary flight, navigation, communication, terrain, traffic, weather, engine instrumentation, and crew-alerting system data and presents the composite information in brilliant, sunlightreadable color on three high-definition displays.

The Phenom 100 will comfortably accommodate four passengers in a typical club configuration. The generous 55 cubic feet (1.56 cubic meters) total baggage capacity is big enough to store their luggage, golf bags and even skis.

The jet is powered by two Pratt & Whitney Canada PW617F engines with 1,615 pounds of thrust each. Its range with four occupants will be 1,160 nautical miles (2,148 km or 1,335 miles) with NBAA IFR reserves, 35 minutes, and 100 nm alternate; or 1,320 nautical miles (2,445 km or 1,519 miles) with NBAA VFR reserves, 45 minutes. The aircraft is capable of flying at 41,000 feet (12,497 m) at a maximum operating speed of Mach 0.70 and is designed for short field takeoffs. These characteristics will allow customers to fly nonstop from Geneva (Switzerland) to Stockholm (Sweden), Kiev (Ukraine), Istanbul (Turkey) or
Rabat (Morocco); and from London (UK) to Reykjavik (Iceland), Lisbon (Portugal), Tunis (Tunisia), Sofia (Bulgaria) or Stockholm (Sweden) at a lower cost than competitive aircraft, including turboprops.

The Phenom 100 is expected to enter service in mid-2008.

Original Release