PR Newswire/Les Echos/

Press release

This announcement does not constitute an offer of securities in the United
States. Securities may not be offered or sold in the United States absent 
registration or an exemption from registration under the Securities Act. 
Safran does not intend to register an offering, in whole or in part, in the 
United States, nor does it intend to conduct a public offering in the United 
States.

   Safran successfully launches its inaugural bond issue: Euro 750 million
                               five-year bonds

Paris, November 19, 2009 - Safran (NYSE Euronext Paris : SAF) today launched and
priced successfully a Euro 750 million, five-year inaugural bond issue (due in
November 2014), with an annual coupon of 4.00%.

The order book reached more than Euro 2.3 billion in one hour, demonstrating the
confidence that investors have in the Group's strategy and development.

This bond issue will enable Safran to diversify its funding sources, to lengthen
the maturity of its debt profile and to give the Group the means to continue its
growth. The funds will be used for the Group's general corporate purposes.

The long-term debt of the Group is not rated and Safran has not asked for a
rating of this issue.

The bonds will be listed on Euronext Paris from November 26, 2009.

The Joint-Bookrunners of this bond issue are BNP PARIBAS, CALYON Crédit
Agricole CIB, The Royal Bank of Scotland and Société Générale Corporate &
Investment Banking.

                                  * * * * *

Safran is a leading international high-technology group with three core
businesses: Aerospace (propulsion and equipment), Defence and Security.
Operating worldwide, the Safran group has 54,500 employees and generated sales
exceeding 10 billion euros in 2008. Working alone or in partnership, Safran
holds world or European leadership positions in its core markets. The Group
invests heavily in Research & Development to meet the requirements of changing
markets, including expenditures of 1.2 billion euros in 2008. Safran is listed
on NYSE Euronext Paris and is part of the SBF 120 and Euronext 100 indexes. For
more information, www.safran-group.com

Investor Relations contact                                      Press Contact

Pascal BANTEGNIE                                              Catherine MALEK
VP, Investor Relations                                Press Relations Manager
Tel +33 (0)1 40 60 80 45                             Tel +33 (0)1 40 60 80 28
pascal.bantegnie@safran.fr                          catherine.malek@safran.fr

                               Safran group
                      2, bd du Général Martial Valin
                      75724 Paris Cedex 15 - France
                      
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