28 January 2010

       ROLLS-ROYCE SHARE OF JETSTAR V2500 ORDER WORTH UP TO $1.2BILLION        

Rolls-Royce, the global power systems company, has won a share of an order from
Jetstar Airways for V2500 engines to power up to 90 Airbus A320 family
aircraft. The order is worth up to $1.2bn to Rolls-Royce if all options are
exercised.

Jetstar, a wholly-owned subsidiary of Qantas Airways, has selected the engine
for a new fleet of 50 additional aircraft, with options and purchase rights on
up to 40 more. The aircraft will be distributed amongst the Jetstar Group fleet
that includes investments by Qantas in low cost carriers Jetstar Asia and
Valuair of Singapore and Jetstar Pacific, Vietnam's second largest domestic
carrier.

The contract includes a long-term engine service agreement for these aircraft
as well as engines installed on 40 aircraft already operated by the three
Jetstar Group airline brand businesses.

The V2500 is produced by the International Aero Engines consortium (IAE) in
which Rolls-Royce is a senior shareholder. IAE's other partners are Pratt & Whitney,
the Japanese Aero Engines Corporation and MTU Aero Engines.

The 22,000 - 33,000lb thrust V2500 powers the Airbus A319, A320 and A321 family
of aircraft as well as the Airbus Corporate Jetliner. More than 5,500 V2500
engines are in service or on firm order worldwide.

Notes to Editors:

 1. Rolls-Royce, a world-leading provider of power systems and services for use
    on land, at sea and in the air, has established a strong position in global
    markets - civil aerospace, defence aerospace, marine and energy.

 2. In 2008, Rolls-Royce and its partners invested £885 million on research and
    development, two thirds of which had the objective of further improving the
    environmental aspects of its products, in particular the reduction of
    emissions.

 3. Annual underlying revenues were £9.1 billion in 2008, of which 52 per cent
    came from services revenues. The firm and announced order book stood at 
    £57.5 billion at 30 June 2009, providing visibility of future levels of
    activity.
   
For further information please contact:

Mark Alflatt
Director of Financial Communications
Tel: +44 (0)20 7227 9285
mark.alflatt@rolls-royce.com

Nicky Louth-Davies
Director of Corporate Communications
Tel: +44 (0)20 7227 9232
nicky.louth-davies@rolls-royce.com

Website: www.rolls-royce.com