CAE SimuFlite Appoints Malkosky as Senior Manager, Technical Training

DALLAS/FT. WORTH INTERNATIONAL AIRPORT, Texas, October 24, 2002 --

CAE SimuFlite announces the appointment of Mark Malkosky, senior manager, technical training. In his new role, Malkosky will oversee all aspects of Maintenance Training.

Prior to joining CAE SimuFlite, Malkosky held the position of manager, technical training for Bombardier Aerospace where he managed the introduction, development and delivery of Bombardier’s Learjet maintenance training programs.

Malkosky reports to Tom Stelter, vice president, specialized training.

CAE SimuFlite, a part of CAE’s Civil Simulation and Training Division, provides advanced training to pilots and maintenance professionals operating piston and turbine-powered aircraft in private, corporate, military and government service.

CAE (NYSE: CGT, TSX: CAE) is a global leader in providing advanced simulation and controls equipment and integrated training solutions for customers in the civil aviation, military and marine markets. With annual revenues in okexcess of C$1 billion, CAE employs more than 6,000 people in Canada, the United States and around the globe.

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