Cessna Citation Mustang Achieves EASA Certification.

GENEVA -- Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today at the European Business Aviation Convention & Exhibition (EBACE) that the Citation Mustang has achieved European Aviation Safety Agency (EASA) certification, making it the first new-generation entry level business jet to be certified in Europe.

"The Citation Mustang has met or exceeded every performance objective established when we announced the program in 2002," said Cessna's Chairman, President and CEO Jack J. Pelton. "The Mustang is proving its capability in the United States where several owner-operators are currently flying their new airplanes. We're looking forward to starting deliveries of the Mustang in Europe later this summer."

The six-place Citation Mustang has a top speed of 340 ktas (nearly 400 miles per hour/644 kilometers per hour), a range of 1,150 nautical miles (1,323 statute miles/2,130 km - NBAA IFR Reserves) and a service ceiling of 12,500 m (41,000 feet).

Based on unit sales, Cessna Aircraft Company is the world's largest manufacturer of general aviation airplanes. In 2006, Cessna delivered 1,239 aircraft, including 307 Citation business jets, and reported revenues of about $4.2 billion and a backlog of $8.5 billion. Since the company was originally established in 1927, more than 189,000 Cessna airplanes have been delivered to nearly every country in the world. The global fleet of almost 5,000 Citations is the largest fleet of business jets in the world. More information about Cessna Aircraft Company is available at www.cessna.com.

Textron Inc. is an $11 billion multi-industry company operating in 32 countries with approximately 40,000 employees. 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 Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

Forward-looking Information: Certain statements in this report are forward-looking statements and speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including but not limited to the following: [a] changes in worldwide economic and political conditions that impact demand for our products, interest rates and foreign exchange rates; [b] the interruption of production at Textron facilities or Textron's customers or suppliers; [c] the occurrence of slowdowns or downturns in customer markets in which Textron products are sold or supplied or where Textron Financial offers financing; and [d] changes in aircraft delivery schedules or cancellation of orders.