Etihad and Linfox Armaguard Announce Joint Venture

ABU DHABI, UAE, February 22, 2011 - Etihad Airways, the national airline of the United Arab Emirates, and the
Linfox-owned Armaguard Group have announced the formation of a joint venture
to transport valuable goods around the globe.

The partnership will see Armaguard establish a presence in Abu Dhabi
under its ACM brand - the brand used as the international face of Australian
Armaguard services - known in Abu Dhabi as ACM UAE.

The announcement was made by Etihad Airways (
www.etihadairways.com/sites/etihad/Pages/GatewayPage.aspx) and
Armaguard (www.armaguard.com.au/services.html) at Armaguard's
headquarters at Essendon Fields in Melbourne.

Etihad Airways CEO James Hogan said: "This new joint venture allows
Etihad to enhance our growing global air freight business (
www.etihadcrystalcargo.com/Cargo/Templates/TPLSinglePlaceholderControler.aspx?pageid=FA995B91-E500-48F2-BA0B-9DB884066540)
by leveraging the ground
transport and security expertise of Armaguard to offer a new service for our
freight customers across our extensive global network.

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the hyperlinks into your Internet browser's URL address field. Remove the
space if one exists.)

"The ability to transport precious cargo including jewellery, precious
stones, gold, and artworks is an important next step for our cargo business -
particularly given Abu Dhabi's growing reputation as a capital for arts and
culture, with world-famous organisations like the Louvre and the Guggenheim
in the pipeline.

"Clearly Etihad is building a significant presence in Australia
(www.etihadairways.com/sites/etihad/global/en/home/pages/flights-to-australia.aspx),
with several strong partnerships - including our game-changing
alliance with the Virgin Blue Group (
www.virginblue.com.au/AboutUs/index.htm) - and bases established
across the country, and we are very pleased to be working with another great
Australian company on this very important venture."

Armaguard Managing Director, Keith Broadhouse, said the company was
excited about expanding into the United Arab Emirates.

"Armaguard has been in New Zealand for some time under the international
brand ACM and to be able to grow the ACM brand further is part of our
international growth strategy.

"We have been looking at expanding beyond Australia and New Zealand for
some time. Coupling our world's best practise currency management model with
the fastest growing five-star airline in the world will enable us to provide
an outstanding service with superior reach.

"This expansion is a good fit for both Etihad and ACM as it reinforces
our comprehensive growth strategies over the next 3-5 years.

"We look forward to a prosperous future with our new partner and the
business opportunities this will present us with."

Attending the announcement at Essendon Airport in Melbourne, Victorian
Minister for Manufacturing, Exports and Trade, Richard Dalla-Riva
congratulated both companies on the joint venture agreement.

"The Victorian Government welcomes this partnership which further
strengthens our State as a regional leader in aviation services ranging from
training and maintenance to airport design and management and now air freight
security."

Notes to editors:

About Etihad Airways:

Etihad Airways is based in Abu Dhabi, the capital of the United Arab
Emirates, and operates passenger and cargo services to 66 global destinations
and cargo-only services to 13 destinations.

About Armaguard:

Armaguard is an iconic Australian brand established in 1938. It has
become the dominant player in the Australian cash logistics, currency
management and precious cargo markets and more recently in New Zealand under
the ACM brand. It was acquired by Linfox in 2003 and has the most
comprehensive nation-wide coverage throughout Australia and New Zealand.

    For more information please contact:

    Tom Clarke
    Communications Manager
    Etihad Airways
    Khalifa City A
    PO Box 35566
    Abu Dhabi
    UAE
    +971-50-812-5796

www.etihadairways.com

For more information please contact: Tom Clarke, Communications Manager, Etihad Airways, Khalifa City A, PO Box 35566, Abu Dhabi, UAE, +971-50-812-5796