PRESS RELEASE

17 January 2005

debis AirFinance Places Boeing 737-300 With German dba

debis AirFinance, one of the world's largest aircraft leasing and asset management companies, announced today that it has delivered a Boeing 737-300 to Munich-based dba. The aircraft is owned by AerCo, an aircraft securitisation vehicle, which currently owns a portfolio of 60 modern commercial jet aircraft and for which debis AirFinance acts as servicer and administrative agent. With the delivery to dba, debis AirFinance has secured a new customer for the AerCo portfolio.

Founded in 1992, dba now operates a fleet of 16 Boeing 737-300 aircraft on domestic routes between eight major cities in Germany and to the two foreign destinations Nizza and Ibiza. dba is Germany’s second biggest domestic airline in the scheduled service sector and carries over 3 million passengers per year.

About debis AirFinance

debis AirFinance provides aircraft leasing to airlines and asset management services to third parties such as investors and banks. The company has a total owned and managed fleet of over 250 jets and turboprops (Boeing / MDC, Airbus, Fokker, Dornier, ATR, DHC). debis AirFinance, headquartered at Amsterdam's Schiphol Airport, has a worldwide presence with offices in Shannon, Ireland and Fort Lauderdale, Florida/United States.

For further information on debis AirFinance please contact:

Frauke Oberdieck
Corporate Communications
debis AirFinance	Evert van de Beekstraat 312
Tel.: +31 20 655 9616	1118 CX Schiphol Airport Amsterdam
Fax: +31 20 655 9100	The Netherlands
Email: foberdieck@debisairfinance.com	www.debisairfinance.com