PRESS RELEASE

17 August 2004

debis AirFinance Leases Airbus A320 to New Customer Jet Club

Lease Agreements Signed with Nine New Customers in 2004

debis AirFinance, one of the world's largest aircraft leasing and asset management companies, has delivered an Airbus A320-200 aircraft on operating lease to Swiss operator Jet Club.

Jet Club is the ninth new customer that debis AirFinance has signed a lease agreement with so far in 2004.

Jet Club, based in Zurich, is an aircraft operator specialising in charter, management and consulting for high-end corporate jets. Since the inception of its business in 1994, Jet Club has built up a fleet of business jets comprising of Canadair Challenger, Cessna Citation, Falcon and Gulfstream aircraft. Jet Club will operate the A320 on wet lease flights (providing aircraft, crew, maintenance and insurance) for a third party between Switzerland and Kosovo and Macedonia.

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