Discovery Air Inc. Files Management Information Circular for Proposed Sale of Fire Services Business - Seite 3

Votes must be submitted not later than 10:00 a.m. (Eastern time) on November 11, 2016, or if the Meeting is adjourned or postponed, prior to 10:00 a.m. (Eastern time) on the second business day before any adjourned or postponed Meeting.

If you have any questions about the information contained in the Circular, please contact Sheila Venman, the Company's Vice President of Communications, at [e-mail], and if you require assistance in completing your form of proxy, please contact Computershare Investor Services Inc., the Company's registrar and transfer agent, at 1-800-564-6253 or by e-mail at [e-mail].

Cautionary Statement Regarding Forward-Looking Statements

Certain statements made in this press release are forward-looking statements (as defined in applicable securities laws). These statements include, without limitation, statements relating to the DAFS Disposition, approval of the DAFS Disposition by majority of the minority shareholders of Discovery Air, the expected timing and impact of the DAFS Disposition, obtaining the required regulatory and shareholder approvals, the time and date of the Meeting, operational and financial benefits expected to result from the DAFS Disposition, Discovery Air's business outlook, objectives, plans and strategic priorities with respect to the remaining businesses, and other statements that are not historical facts.

Forward-looking statements, by their very nature, are subject to inherent risks and uncertainties and are based on assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed in or implied by such forward-looking statements. As a result, we cannot guarantee that any forward-looking statement will materialize and we caution you against relying on any of these forward-looking statements. For a description of relevant assumptions and risks, please consult the Circular, Discovery Air's 2016 Annual Information Form dated April 28, 2016, and Discovery Air's 2016 Second Quarter MD&A dated July 31, 2016, all filed with the Canadian provincial securities regulatory authorities (available at www.sedar.com) and which are also available on Discovery Air's website at www.discoveryair.com. Additional details regarding the DAFS Disposition are disclosed in the Circular.