First Caravans with Oasis Interior Delivered to U.K.

May 24, 2004
Geneva, Switzerland - May 24, 2004 - Cessna will deliver the United Kingdom's first and second Caravans equipped with the new executive OASIS interior by the end of June. The Caravans will be received by two retail customers who will operate their airplanes from central and northwest United Kingdom, respectively.

"The European aviation community has been using the Caravan for many years because they're able to operate in and out short airstrips in rural European communities. The OASIS interior is an added benefit to these customers because they are now able to use the Caravan as a traveling office, similar to a Citation business jet," said Bill Harris, Cessna's Director of International Propeller Aircraft Sales.

Cessna announced the OASIS interior at the 2003 NBAA convention. Its comfortable club seating area, state-of-the art entertainment offerings, and Cessna-unique selections of leather, fabric, and cabinetry finishing distinguishes the OASIS. Customers now have a new and economical way to travel in first-class surroundings. The OASIS interior is offered solely by Cessna in cooperation with Yingling Aviation, an authorized Cessna Pilot Center and Service Station in Wichita, Kansas, which holds an exclusive STC for the OASIS interior.

To date, Yingling has completed ten Caravan OASIS interiors and has scheduled eight more for completion in 2004.

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. More information about Cessna Aircraft Company is available at www.cessna.com.

For additional information or questions about the general aviation industry, contact the General Aviation Manufacturers Association (GAMA) at 202-393-1500 or www.GAMA.aero.

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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