Safran

Capital/Financing Update • Nov 13, 2009

Safran : bond issue project

Not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan.

Paris, November 13, 2009

In the context of a potential bond issue, Safran has updated the public information related to the Group in a presentation available in the "Finance" section on the Group's website: www.safran-group.com.

This press release does not constitute an offer of securities for sale nor the solicitation of an offer to purchase securities in the United States or in any other jurisdiction. The securities may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities United States Securities Act of 1933, as amended. Safran does not intend to register any portion of an offering in the United States or to conduct a public offering in the United States.

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Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defense and Security. Operating worldwide, the Safran group has 54,500 employees and generated sales exceeding 10 billion euros in 2008. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2008. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

For more information, www.safran-group.com

Investors and Analysts contact: Press Contact :

Pascal BANTEGNIE Catherine MALEK VP, Investor Relations Press Relations Manager Tel +33(0)1 40 60 80 45 Tel +33 (0)1 40 60 80 28 pascal.bantegnie@safran.fr catherine.malek@safran.fr

Safran group 2, bd du Général Martial Valin 75724 Paris Cedex 15 – France