Cessna Announces the Citation CJ2+

October 12, 2004

Las Vegas, NV - October 12, 2004 - The Citation CJ1+ was announced today as the successor to the market-pacing Citation CJ1. The Citation CJ1+ offers more performance, new integrated avionics, enhanced cabin features and expanded standard equipment compared to its predecessor.

"The CJ1 product line has introduced many turboprop owners to the benefits of owning and operating a jet. The Citation CJ1+ will continue in that tradition of being the first jet that many operators own," said Cessna's President and CEO Jack J. Pelton. "We updated the CJ1 because our customers told us they wanted a jet like the CJ1 with interior updates, FADEC engines, integrated avionics and improved performance. The CJ1+ is our answer to their requests."

The Citation CJ1+ is powered by the new Williams' FJ44-1AP dual-channel FADEC controlled engine. At 41,000 feet, the CJ1+ can travel more than 20 kts faster than the CJ1. Plus, the 100-pound gross weight increase of the CJ1+ allows it to carry more payload greater distances. Maximum IFR range with single pilot and three passengers is 1,285 nm.

The standard Citation CJ1+ Collins Pro Line 21 avionics package is nearly identical to the system offered on the new Citation CJ2+ and Citation CJ3. It features a standard configuration of three 8-inch by 10-inch active matrix color liquid crystal displays, two air data computers, file server system with cursor control panel and enhanced map overlays, Pro Line 21 CNS radios, broadcast weather, and Collins FMS-3000 with performance database. Optional CJ1+ avionics equipment includes electronic charts showing geo-referenced aircraft position on airport diagrams, interactive graphical weather, and Honeywell Mark VIII EGPWS.

The four-place interior of the CJ1+ has received substantial upgrades. Cessna's standard CJ1+ features now include a left-hand belted flushing toilet, deluxe refreshment center, indirect lighting, and over water life vests. The Citation CJ1+ also takes advantage of the interior design advancements of Cessna's larger Citations. For instance, the CJ1+ will have Cessna's new one piece, automotive-like, cockpit overhead lining. This overhead lining was first introduced on the Citation Sovereign.

Compared to the Citation CJ1, the Citation CJ1+ offers customers 17 once optional feat ures as standard and 10 brand new features. Some of these standard CJ1+ features include a copilot PFD, flight management system (FMS), broadcast graphical weather, Skywatch HP, and Landmark TAWS. In addition to an expanded standard features equipment list, the CJ1+ is also equipped with many standard features that were never available on the CJ1 such as integrated avionics, FMS performance database, FADEC engines, electronic checklist, and maintenance diagnostic system.

Designated as a model 525, the CJ1+ will receive FAR Part 23 certification. The first aircraft will have serial number 525-0600. The introductory base price of the Citation CJ1+ for 2005 delivery is $4,095,000. Cessna anticipates Citation CJ1+ type certification in the summer of 2005 with first delivery in the fourth quarter of 2005. The Citation CJ1+ is the successor to Cessna's CitationJet and Citation CJ1 fleet, which exceeds 500 aircraft and has logged over 850,000 hours.

Cessna Aircraft Company is a subsidiary of Textron Inc. (NYSE: TXT), a $10 billion multi-industry company with more than 43,000 employees in 40 countries. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

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David Rosenberg, Vice President, Investor Relations
(401) 457-2288

Kyle Williams, Manager, Investor Relations
(401) 457-2288

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