Signature Flight Support Corporation Accepts for Payment the 11% Senior Notes of Aircraft Service International Group, Inc

Business Wire, July 10, 2001

Business Editors

ORLANDO, Fla.--(BUSINESS WIRE)--July 10, 2001

Signature Flight Support Corporation ("Signature") today announced the successful completion of its tender offer and consent solicitation for the 11% Senior Notes due 2005 (the "Securities") of Aircraft Service International Group, Inc.

The offer and consent solicitation expired at 10:00 A.M., New York City time, on July 10, 2001. As of the expiration of the offer and consent solicitation, $80 million in aggregate principal amount, or 100%, of the outstanding Securities had been validly tendered and not withdrawn pursuant to the offer and consent solicitation. Signature accepted all validly tendered Securities for payment. Signature expects settlement for the Securities to occur on or about July 11, 2001.

Morgan Stanley Dean Witter acted as Dealer Manager for the offer. The Information Agent was MacKenzie Partners, Inc., and the Depositary was State Street Bank and Trust Company. Persons with questions regarding the tender offer should contact the Information Agent at (800) 322-2885 or the Dealer Manager at (800) 624-1808.

This announcement is not an offer to purchase, a solicitation of an offer to purchase nor a solicitation of consents with respect to the Securities. The offer was made only by an Offer to Purchase and Consent Solicitation Statement dated January 4, 2001, as amended by Supplement No. 1 thereto dated May 25, 2001 and Supplement No. 2 thereto dated June 25, 2001, and the related Letter of Transmittal and Consent.