Eurocopter Holding, a subsidiary of EADS and Vector Aerospace Corporation (TSX:RNO) a Canadian company listed on the Toronto Stock Exchange, are pleased to announce that the formal bid circular in respect of the offer by 7762798 Canada Inc., a wholly-owned subsidiary of Eurocopter Holding, to acquire at a price of C$13.00 in cash per share all of the outstanding Common Shares of Vector Aerospace, including all shares that may be issued on the exercise of options granted under Vector Aerospace’s stock option plan, has been mailed to Vector Aerospace’s shareholders. Vector Aerospace has also mailed its directors’ circular recommending that Vector Aerospace’s shareholders deposit their shares under the offer.

On March 28, 2011, Vector Aerospace and Eurocopter announced Eurocopter’s intention to make a supported take-over bid for Vector Aerospace, valuing the equity of Vector Aerospace at approximately C$625 million. The offer represents a premium of approximately 15% over the closing price of the Common Shares on the TSX on March 25th, 2011, being the last trading day before the parties publicly announced that they had entered into a support agreement in respect of the offer and a premium of approximately 80% over the closing price of the Common Shares on the TSX on December 2nd, 2010, being the last trading day before Vector Aerospace publicly announced that it was reviewing strategic alternatives to enhance shareholder value.

The offer is scheduled to expire at 8:00 p.m. (Toronto time) on May 26, 2011, but is subject to extension beyond such date. Completion of the offer is subject to, amongst other things, obtaining all necessary regulatory clearances.

EADS press release