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Mon, Dec 22, 2008

Rolls-Royce Establishes New Scholarship Program

Celebrates 50 Year Partnership With Gulfstream

Rolls-Royce recently marked 50 years of partnership with Gulfstream Aerospace Corporation -- the longest partnership in business aviation -- by establishing a 50th Anniversary Partnership Scholarship Program for eligible children of Gulfstream's employees.

Under the terms of this new Scholarship Program, Rolls-Royce will provide an annual stipend of $1,500 for each of the winners' four years of college.

This Scholarship Program is offered through the National Merit Scholarship Program, an annual academic competition open to all US high school students who meet published participation requirements.  The National Merit Scholarship Program is conducted by the National Merit Scholarship Corporation (NMSC).  Candidates for the 50th Anniversary Scholarship Program must meet all eligibility requirements as defined by NMSC and have a parent employed by Gulfstream.  Winners are determined by NMSC and are judged to have the strongest combination of academic skills and achievements, extracurricular accomplishments and potential for success in rigorous college studies.

The new Scholarship Program was announced at a ceremony in Savannah, GA on Wednesday, celebrating the two companies' long-standing success in the corporate aircraft market.

Over the past five decades, Rolls-Royce has powered 13 Gulfstream business jets, and has delivered more than 3,500 Dart, Spey, Tay and BR710 engines. No other civil aerospace customer has received more engines from Rolls-Royce.

Gulfstream's first business aircraft, the GI, made its maiden flight powered by Rolls-Royce Dart engines more than 50 years ago. This year, the two companies continued the legacy of establishing new milestones in style with the unveiling of the latest, all-new business jet, the Rolls-Royce BR725-powered Gulfstream G650.

FMI: www.gulfstream.com, www.rolls-royce.com

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