News Release

Carlyle Statement on Aviall, Inc. Shelf Registration Filing

2004-018

Washington, DC - Global private equity firm, The Carlyle Group, today issued the following statement regarding its ownership of shares in Aviall, Inc.


Aviall today announced that it had filed a shelf registration statement with the Securities and Exchange Commission ("SEC") relating to future offers and sales of securities. Included in this registration statement were 7,000,000 of the total 11,363,378 shares of Aviall's common stock beneficially owned or controlled by affiliates of Carlyle.


Carlyle does not have any current commitments to sell shares of common stock under the Registration Statement, but may do so at any time after the SEC declares the Registration Statement effective. "We continue to have great confidence in Aviall, its management team and its strategic direction," said Pete Clare, a Managing Director of Carlyle.


As a financial investor, Carlyle continually evaluates its alternatives with respect to all of its investments and eventually exits each of its investments, though at this time Carlyle has no current commitment to exit its investment in Aviall. Following the Registration Statement becoming effective, Carlyle may retain its stake in Aviall or may, from time to time, sell all or part of its shares in Aviall, depending on the prevailing market conditions and other factors.


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