News
Vector Aerospace appoints new UK Managing Director

Sept. 8, 2008, Toronto, Ont., – Vector Aerospace has appointed Tim Rice as Managing Director of Vector Aerospace, UK.

Tim joins Vector from Messier-Dowty, part of the
Safran Group, where he was Managing Director Messier Services and Group Vice
President, Airbus and European Programmes Business Unit. Prior to that, Tim
worked at Spirent Systems (formerly Penny & Giles Aerospace) as Executive Vice
President and Commercial Director, and at Dowty Aerospace Wolverhampton as
Commercial and Product Support Manager.

Tim is a Fellow of the Royal
Aeronautical Society, a Member of the Institution of Mechanical Engineers and
a Chartered Engineer.
Having built up a wealth of experience in general management in the
aerospace industry, Tim has a reputation for building high performance teams.
He will be accountable for all aspects and operations of Vector Aerospace in
the UK. This covers Vector Aerospace Engine Services UK Limited (formerly
Sigma Aerospace), Vector Aerospace Component Services Almondbank and Vector
Aerospace Helicopter Services Fleetlands.

The appointment is part of Vector Aerospace's strategy to strengthen the
company's management structure within the UK since acquiring the former MoD's
DARA businesses at Fleetlands and Almondbank.
Declan O'Shea, President and Chief Executive Officer of Vector Aerospace,
said: "We're delighted that Tim has chosen to join Vector Aerospace at this
important time in our development. Significantly for us, Tim was not actually
looking to make a career change but became interested in Vector's growth
mandate as well as having the opportunity to lead a team of people who are
interested in making a real difference in the industry."
Declan O'Shea remains as Acting Managing Director for Vector in the UK
until Tim takes up his position on October 20.

Tim will be based at Vector
Aerospace Helicopter Services Fleetlands, which is located in Gosport,
Hampshire, United Kingdom.