CGT Cae

(NYSE: CGT)(TSX: CAE) - Representatives of the media are invited to attend CAE's 2008 annual and special meeting of shareholders on Wednesday, August 13, at 10:30 a.m. Eastern Time (ET). The meeting will be held at the Hilton Montreal Bonaventure.

At the meeting, members of CAE senior management will review the activities of the last fiscal year and present the financial results for the first quarter ended June 30 this year. Mr. Robert E. Brown, President and Chief Executive Officer, will also discuss prospects for the current fiscal year.

The meeting will be webcast live on CAE's site at http://www.cae.com. The webcast will be archived following the event.

Please note that broadcast and photographic equipment will only be allowed in the shareholder meeting room for the first 10 minutes.

Following the annual meeting, at approximately 11:30 a.m., Mr. Brown will be available for questions from the media.

Event: CAE's 2008 annual and special meeting of shareholders, including Q1 financial results

Date:    August 13, 2008

Venue:   Hilton Montreal Bonaventure
         900, de la Gauchetiere West
         Montreal, Quebec

Time:    Annual meeting: 10:30 a.m. ET
         Session with media: 11:30 a.m. ET

CAE will also release its fiscal year 2009 first quarter financial results on August 13, 2008. A conference call will be held at 1:00 p.m. Eastern Time (ET) to provide analysts and institutional investors with a review of CAE's performance and outlook. The media will have the opportunity to ask questions immediately following the analysts' question period.

Robert E. Brown, CAE's President and Chief Executive Officer, Alain Raquepas, CAE's Chief Financial Officer, will participate in this call.

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 FY2009 Q1 financial results and conference call

When:      August 13, 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: 3268260#

Contacts: CAE contacts: Nathalie Bourque, Vice President, Public Affairs and Global Communications 1-514-734-5788 nathalie.bourque@cae.com Investor relations: Andrew Arnovitz Vice President, Investor Relations and Strategy 1-514-734-5760 andrew.arnovitz@cae.com