EBRD and Sukhoi Civil Aircraft Company sign EUR 100 million loan for Superjet 100 programme

Joint Stock Company Sukhoi Civil Aircraft (SCAC) has signed a
10-year, EUR 100 million loan agreement with the European Bank for
Reconstruction and Development (EBRD) to fund the construction of the
first new passenger airliner to have been designed in Russia since the
collapse of the Soviet Union.

The Superjet 100 programme is the first Russian aircraft project
integrating the best world industry resources and this will make it a
fully marketable product. For SCAC this agreement represents not only
financial support for the company's manufacturing infrastructure, but
also highlights the growing credibility of the Russian aerospace
industry and its potential to become a significant player in a highly
competitive market.

Among the many leading aircraft specialists involved in the
project, Boeing is acting as a consultant and Italy's Alenia, which is
considering acquiring an equity stake in SCAC, will market the
Superjet 100 and participate in after-sales support outside Russia.

The EBRD is committed to support Russia's integration into the
global economy and the unprecedented international cooperation that is
making the Superjet project possible is yet another good example of
how key sectors of the Russian economy can benefit from working with
the rest of the world.

The EBRD funds will be used to support the upgrade of the two
Russian plants where the Superjet 100 is to be built, as well as to
launch production and sales of the plane. The production and financing
for the Superjet 100 have been ring-fenced to separate these
completely from Sukhoi's traditional military aircraft construction
activities.

Sukhoi Civil Aircraft Company (SCAC) was established in 2000 and
it is a part of Sukhoi Holding. SCAC has its headquarters in Moscow
and its own manufacturing facilities in Novosibirsk (Siberia) and
Komsomolsk (Russian Far East) and leads the Sukhoi Superjet 100
programme. The programme's goal is to offer domestic and international
markets a family of modern, short to medium range jetliners with a
capacity of 75 to 95 seats, in basic and longer range versions.

SCAC's responsibilities include design and development,
procurement, production, certification, asset management, marketing
and sales, as well as customer support for the planes.

Superjet 100 Team: Thales, Liebherr Aerospace, Messier-Dowty,
Intertechnique (Zodiac), B/E Aerospace, Autronics (Curtiss Wright),
Honeywell, Ipeco, Parker, Hamilton Sundstrand, Goodrich, Saint Gobain
Sully etc.