WOODBRIDGE, NJ – May 10, 2006 – NetJets®, the pioneer and worldwide leader in fractional aircraft ownership, announced that Bill Noe has been appointed to President of NetJets International Inc. (NJI). Noe will assume all day-to-day responsibility for the operations and administrative functions of NJI.

“We are pleased that Bill has agreed to take on this new responsibility,” said Richard T. Santulli, chairman and chief executive officer of NetJets.  “Bill has been intimately involved in NJI since its inception and is uniquely qualified to help guide the company in the years ahead.”

Since joining NetJets in 1993, Noe has served as a pilot, director of operations and vice president of operations. Noe holds a B.A. from Marshall University and serves on several industry advisory boards.

NetJets Inc., a Berkshire Hathaway company, provides the safest and most secure private aviation solutions in the world. NetJets fractional aircraft ownership allows individuals and companies to buy a piece of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours notice. The NetJets programs worldwide offer the largest and most diversified fleets in private aviation, which includes 14 of the most popular business jets in the world. Access to the NetJets fleet is also available in the form of a short-term lease, sold on an all-inclusive, pre-paid basis in 25-hour increments, through an exclusive alliance with Marquis Jet Partners. NetJets, Inc. also offers aircraft management, charter management and on-demand charter services through its subsidiary, Executive Jet Management. More information on NetJets, the Marquis Jet Program and Executive Jet Management is available at www.netjets.com.

NetJets International, Inc. is a wholly owned subsidiary of NetJets Inc. NetJets International was created in 1995 for NetJets long range, transcontinental flights. NetJets International operates NetJets US Gulfstream Large Cabin fleet and is the single largest operator of Gulfstream aircraft in the world.

NetJets Contact:

Maryann Aarseth
732-326-3735
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