Goodrich anticipates opening a certified repair station in Sao Carlos later this year. The planned 30,000-square-foot facility will initially require 20-30 employees. The specialized technicians on-site will focus on repairing IAE/V2500-A5 engine inlets, fan cowls, and thrust reversers. Longer term, capabilities to repair the same components for CFM56-5B and the CF680E1 engine nacelle systems are also expected to be established.

"We are pleased that TAM, the leading airline in the Brazilian domestic market, has selected us to provide maintenance, repair and overhaul services for its growing fleet. Our Alabama Service Center in Foley has a long- standing work history and relationship with TAM. This new agreement builds on that relationship. Furthermore, by creating a Goodrich campus in close proximity to TAM, we're demonstrating our commitment to offering unparalleled customer support," said Goodrich Aerostructures Aftermarket Services Vice President & General Manager Bob Gustafson.

"Goodrich already has one of the largest global MRO footprints in the industry and our growth continues with this agreement. This new Brazil facility is a significant milestone in our regional marketing strategy to expand our long-term partnership agreements to airlines all over the world," Gustafson continued.

TAM Supply Chain Director Armando Berti commented, "With Goodrich locating in the Technological Industrial Park in Sao Carlos, TAM will be able to increase the competitiveness of its maintenance costs and preserve compliance with its quality standards. This demonstration of supply chain integration directly supports TAM business principles that guarantee the sustainability of our business. We are pleased to be working with Goodrich in accomplishing these goals."

Serving 71 cities in the Brazilian domestic market through regional alliances and seven cities in the international market, TAM currently operates 70 A320 family aircraft, 10 A330s, three MD11s and 16 F100s. It has also placed additional orders for 52 A320's, six A330s and four Boeing 777s.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com.

Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.

Forward-looking Statements

Forward-looking statements in this press release regarding the company's memorandum of understanding with TAM are based on assumptions that the company believes are reasonable, but are subject to a wide range of risks. Actual results may differ materially due to, among other factors: differences between the company's assumptions and the actual services provided by the company under the final agreement or changes to the terms of the memorandum of understanding in the final agreement; unexpected changes in TAM's competitive factors; unexpected changes in the company's contractual relationship with TAM; and other risks detailed in the company's filings with the Securities and Exchange Commission, including the Risk Factors identified in the Form 10-K for the fiscal year ended December 31, 2006.

The company cautions you not to place undue reliance on these forward- looking statements contained in this release, which speak only as of the date on which such statements were made. The company undertakes no obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date on which such statements were made or to reflect the occurrence of unanticipated events.

GR - Nacelles and Interior Systems

SOURCE Goodrich Corporation; GR - Nacelles and Interior Systems

Gail Warner, +1-704-423-7048, or Lisa Bottle, +1-704-423-7060, both of Goodrich Corporation