Fixed Rates Now Available for Cessna Single Engines

April 12, 2004

Wichita, KS - April 12, 2004 - Cessna Finance Corporation in conjunction with Cessna Aircraft Company is now offering low fixed rates on new 2004 single engine piston aircraft delivered to retail customers, in the US, between now and September 30, 2004.

"This program will be extremely beneficial to those that have ordered new G1000 airplanes, but have yet to take delivery of them," said John Newton, CFC's Senior Vice President Domestic Sales and Marketing. "We're confident that our finance programs will make it easier and more economical to own a new 2004 Cessna."

Cessna Finance Corporation is now offering new fixed rates starting as low as 5.50% and a variable rate of 4.50% (US Prime rate plus .50%), when utilizing CFC direct debit.* Cessna Finance Corporation is one of the largest general aviation finance companies, providing lease and finance products worldwide on a full range of aircraft from single engine piston to corporate jets. For additional information about Cessna Finance Corporation and copies of these finance programs contact 1-866-CFC-LOAN (1-866-232-5626) or visit www.CFCLOAN.COM.

* Program availability, rates and payments are subject to credit approval and may vary.

Cessna Aircraft Company is a subsidiary of Textron Inc. (NYSE: TXT). Textron is 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.

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

Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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