ASSB in Malaysia celebrates Ground Breaking - Operations start 2007

Shah Alam, Kota Damansara (ots) -

- Cross reference: picture is available at
http://www.presseportal.de/galerie.htx?type=obs abrufbar -

- MTU Aero Engines, Lufthansa Technik to expand their joint
affiliate
- ASSB in Malaysia celebrates Ground Breaking - Operations start
2007
- New shop for blade repairs of CFM56, CF6, CF34 and V2500 engines

Airfoil Services Sdn. Bhd. (ASSB), an MTU Aero Engines and
Lufthansa Technik affiliate, is celebrating the Ground Breaking of
its new global integrated Centre of Excellence for aircraft airfoil
services in Kota Damansara at Selangor Science Park today.

The facility, which is expected to start operations by early 2007,
is located on a 5.9 acre site and will contain up to 5,000 sqm
workshop and 2,500 sqm office floor. It will be equipped with state
of the art machinery and high-technology processes. ASSB will be
repairing high-pressure compressor blades in addition to the
low-pressure turbine blades it is doing now, and add the CF34 to its
present CF6, V2500 and CFM56 engine portfolio.

ASSB specializes in the repair of blades from major engines,
including GE, CFMI and IAE, for mostly MTU's maintenance segment and
Lufthansa Technik. The company has been operating since MTU and
Malaysian Airlines agreed to build a common airfoil repair facility
15 years ago. Advanced technology has been implemented over the time,
a plan to set up a Centre of Excellence has been established and
three years ago Lufthansa Technik became a Joint Venture partner.

Both shareholders decided to significantly expand ASSB in
Malaysia, because of its strategic location with high potential
employees and stable wage rates and a good governmental support. This
includes the new facility in Kota Damansara, the implementation of
new products and to create additional 250 highly skilled jobs.
Employment will grow up to 500 people. In addition to the transfer of
technology, MTU and Lufthansa Technik will highly support the
training of these personnel.

MTU Aero Engines, with its about 6,800 employees, is Germany's
leading engine manufacturer and the world's largest independent
provider of commercial engine services. The company has carved out a
leadership role in engine technology and closely cooperates with the
world's major engine manufacturers. With its workforce of 25,000 and
network of 27 affiliates, Lufthansa Technik is the internationally
leading provider of maintenance and overhaul services for airframes,
engines and their various components. In Hamburg, Germany, the group
operates the world's largest engine shop outside the U.S. The company
focuses on a plurality of major jet engine makes.

Originaltext: Lufthansa Technik AG
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With inquiries or for more information, contact:

MTU Aero Engines Holding AG
Corporate Communications
Odilo Mühling
Tel.: ++49 89 1489 2698
Fax: ++49 89 1489 8757
E-Mail: Odilo.Muehling@muc.mtu.de
www.mtu.de

Lufthansa Technik AG
Corporate Communications
Aage Dünhaupt
Tel.: ++ 49 40 5070 3667
Fax: ++ 49 40 5070 8534
E-Mail: press.pr@lht.dlh.de
www.lufthansa-technik.com