CITATIONSHARES INTRODUCES NEW PROGRAMS TO GIVE CUSTOMERS ENVIRONMENTAL, PHILANTHROPIC OPTIONS

7/1/2009

GREENWICH, CT, July 1, 2009 CitationShares, a private aviation company, today announced new partnerships with two organizations: TerraPass, a leading retailer of carbon offsets and consumer energy efficiency products, and Corporate Angel Network (CAN), a public charity that arranges free flights for cancer patients.

"We understand that serving our customers includes offering them opportunities to expand both their charitable giving and environmental stewardship," said Steve O'Neill, CEO of CitationShares. "We are thrilled to make these options available to our customers."

Through CitationShares' partnership with CAN, CitationShares customers will be able to donate flight hours aboard CitationShares jets to a CAN Jet Card account for use at their discretion for cancer patients in need of transportation. Through TerraPass, customers will be able to balance their "carbon footprint" by purchasing carbon offsets for the hours they fly on a CitationShares jet.

"TerraPass demonstrates a key component of our evolving environmental strategy," said Woody Harford, Senior Vice President, Chief Revenue Officer, "and CAN affords our clients a way to directly impact the lives of others through their relationship with CitationShares."

TerraPass and CAN are the latest of many programs from CitationShares that take steps to address areas that are important to its customers and employees. CitationShares recently placed second in the Earth Day Commuter Challenge race with a 61 percent participation rate by employees. Later this summer, the company will be receiving an award from the Connecticut Department of Transportation for this effort to create a better environment.

For more information on CitationShares’ partnerships with TerraPass and Corporate Angel Network, visit www.citationshares.com.

About CitationShares
Founded in 2000, CitationShares is an industry leader offering individuals and businesses the advantages of private jet travel through its innovative fractional and whole-aircraft ownership programs, Citelines and JetForth, and through its unique Vector Fleet JetCard, which allows customers access to its entire fleet of Citation aircraft on an hourly basis. CitationShares works exclusively with Cessna's popular Citation jets—Citation Bravo, Citation CJ3, Citation XLS, and Citation Sovereign—which are serviced and maintained at the factory-level. CitationShares operates the youngest fleet in the air by the best pilots in the industry, while setting the standard for safety and customer service. CitationShares is majority owned and controlled by Cessna Aircraft Company, a Textron (NYSE: TXT) company. More information about CitationShares and its offerings are available at www.citationshares.com.

About Cessna Aircraft Company
Based on unit sales, Cessna Aircraft Company, a Textron (NYSE: TXT) company, is the world's largest manufacturer of general aviation airplanes. In 2008, Cessna delivered 1,301 aircraft, including 467 Citation business jets, and reported revenues of about $5.662 billion. Cessna has a backlog of $14.5 billion as of December 31, 2008. Since the company was originally established in 1927, some 192,000 Cessna airplanes have been delivered around the world, including more than 5,700 Citations, making it the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

About Textron Inc.
Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, 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 Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

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