CAE SimuFlite names two "Women in Aviation" scholarship winners

Dallas/Fort Worth International Airport, March 15, 2005 --

(NYSE: CGT; TSX: CAE) - CAE SimuFlite has named Rani Hobgood and Danielle Grieco winners of its training scholarships awarded through Women in Aviation International.

Rani Hobgood of Alexandria, Virginia, has received a Citation type rating scholarship while Danielle Grieco of Providence, Rhode Island, has been awarded a King Air C90 initial pilot training scholarship. The scholarships were presented by Mahnaz Moosa, CAE's Director of Finance, Americas, at the Women in Aviation's 16th annual conference held March 10-12 in Dallas, Texas.

The two will begin training this summer at CAE SimuFlite's Dallas/Fort Worth facility.

CAE SimuFlite's scholarship program was launched nearly 20 years ago, and through its Women in Aviation scholarships, promotes business aviation as a career choice for young female aviators and aircraft maintenance technicians.

In May, CAE SimuFlite is expected to announce four more recipients of Citation initial pilot-training scholarships awarded through the University Aviation Association, an alliance of more than 100 accredited colleges and universities.

Women in Aviation International is a nonprofit organization dedicated to the encouragement and advancement of women in all aviation career fields and interests.

CAE is a leading provider of simulation and modeling technologies as well as integrated training services for commercial and business aviation, and defense customers worldwide. The company has annual revenues of approximately C$1 billion, with operations and training facilities in 17 countries on five continents.

# # #