Eric Bachelet Named New CFM President

September 1, 2005

EVENDALE, OHIO September 1, 2005 Eric Bachelet today assumed the role of president and chief executive officer of CFM International (CFM), the 50/50 joint company between Snecma (Safran Group) and General Electric Company.

CFM, headquartered in Cincinnati, Ohio, is the world's leading manufacturer of jet engines for transport aircraft, with more than 15,000 in service with commercial and military operators worldwide.

Mr. Bachelet is replacing Pierre Fabre, who has served as CFM president and CEO since September 2001. Mr. Fabre has accepted the position of executive vice president of Turbomeca. Turbomeca is the helicopter engine manufacturing company of Safran Group, also the parent company of Snecma.

Mr. Bachelet joined Snecma (Safran Group) in 1971 after being graduated from the prestigious Ecoles des Mines de Paris. He also holds a master's degree in Materials Science from Case Western Reserve University in the United States. He has spent in increasingly responsible positions with Safran Group companies.

From 1974 to 1991, he worked in the materials department of the engineering division of Snecma (Safran Group). In this role, he participated in the early design of the CFM56 engine. In 1991, he joined Snecma's (Safran Group) manufacturing division and held a number of assignments in France and the United States. In 1996, he was promoted to general manager of FAMAT, another joint venture between GE and Snecma (Safran Group) which manufactures aircraft engine components.

From 2001 to 2003, Mr. Bachelet served as chief operating officer of Snecma Propulsion Solide, which develops and produces solid rocket motors for space and defense program. Before assuming his new post, he was the chief operating officer of Aircelle, which specializes in the design, manufacture and sale of aircraft engine nacelles.

Jamie Jewell

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Charles Soret

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Perry Bradley

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Talal Ahmed Almahmood

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