2nd Boeing for Hong Kong Express

14 June 2007

Lease Corporation International (LCI), the global aircraft leasing company, has today concluded an agreement for the lease of the second of three Boeing 737-800 aircraft to Hong Kong Express Airways. The aircraft represent the first deliveries of new Boeing aircraft by LCI.

This aircraft is the 20th in the LCI fleet that now has a total value approaching US$1.2 billion. A third Boeing 737-800 to be leased to Hong Kong Express is due to be delivered in the fourth quarter of 2007.

Crispin Maunder, Chairman and Chief Executive of LCI, said: “We are delighted to conclude this landmark agreement with Hong Kong Express, our newest customer. This is the second of three aircraft we are leasing to them, and we are confident that this marks the start of a longstanding partnership.”

Mr. Guo Yajun, President of Hong Kong Express added, “The success of our initial collaboration with LCI has been very pleasing. With this as the foundation of what I hope will become a much closer relationship, I believe there will be greater cooperation between LCI and Hong Kong Express Airways in the future.”

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