J.F. Lehman & Company Completes Sale of Atlantic Inertial Systems

NEW YORK, December 22 - J.F. Lehman & Company ("JFL") is pleased to announce the completion of
the sale of AIS Global Holdings LLC ("AIS") to Goodrich Corporation
("Goodrich"). AIS, known as Atlantic Inertial Systems, is a leading provider
of mission critical guidance, stabilization and navigation products and
systems for the global defense market. The company has operations in both the
United States and the United Kingdom. The sale price was approximately US$375
million, subject to customary post-closing adjustments. An investment
affiliate of JFL acquired the business from BAE Systems in August 2007.

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Steve Brooks, Partner at JFL, said, "We are pleased to transfer ownership
of AIS to Goodrich as we believe it will be a strong fit with its Sensors and
Integrated Systems business and will benefit from Goodrich's global resources
and strong reputation."

According to Tig H. Krekel, Chairman of AIS and Vice Chairman of JFL,
"The AIS transaction was a successful investment for our investors, and we
are confident it will prove to be a strong performer for its new owners. The
success of the business over the past two years resulted from considerable
investment in new technology, and significant emphasis on achieving
operational excellence while having very strong growth objectives which were
achieved. Under the leadership of Chief Executive Officer Chris Holmes, on
both sides of the Atlantic, the firm performed at a very high level and is
expected to continue to do so."

Holmes added, "AIS has benefited tremendously from the strong support and
leadership of the JFL team. We look forward to combining capabilities with
Goodrich to further benefit the markets we serve."

Evercore Partners Limited, led by Senior Managing Director Ian Ferguson,
provided M&A advisory services for the seller in connection with the
transaction. Giles Elliott and Vica Irani led the Jones Day legal team
advising the seller.

About J.F. Lehman & Company

J.F. Lehman & Company is a leading middle-market private equity firm
focused exclusively on the defense, aerospace and maritime sectors. The firm
has offices in New York and Washington, D.C.

For more information about J.F. Lehman & Company, please visit
www.jflpartners.com.

About Goodrich Corporation

Goodrich Corporation, a Fortune 500 company, is a global supplier of
systems and services to aerospace, defense and homeland security markets.
With one of the most strategically diversified portfolios of products in the
industry, Goodrich serves a global customer base with significant worldwide
manufacturing and service facilities. For more information, please visit
www.goodrich.com.

Lisa M. Steffens, J.F. Lehman & Company, +1-212-634-1150, lms at jflpartners.com