Media Advisory/REMINDER: CAE's FY2008 fourth-quarter and full-year financial results and conference call

(TSX: CAE)(NYSE: CGT) CAE will release its fiscal year 2008 fourth-quarter and full-year financial results on Wednesday, May 14, 2008. A conference call will be held on the same day at 1:00 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook.

Robert E. Brown, CAE's President and Chief Executive Officer, Alain Raquepas, CAE's Chief Financial Officer, and Andrew Arnovitz, CAE's Vice President, Investor Relations and Strategy, will participate in this call intended for financial analysts, institutional investors and the media. Please note that the media will have the opportunity to ask questions immediately following the analysts' question period.

The conference call will be audio Webcast live for the public and will also be archived for 90 days following the event at http://www.cae.com.

What: CAE's FY2008 Q4 and full-year financial results and conference call

When: May 14, 2008

Time: 1:00 p.m. ET
      Phone numbers for conference call:
      North American participants: +1-866-540-8136 or +1-514-868-1042
      Overseas participants: +800-6578-9868 or +1-514-868-1042
      Instant replay (available 3 hours after the call ends for 48 hours):
      +1-800-408-3053 or +1-416-695-5800 - Access code: 3260080#

www.cae.com