Big Tex Trailers Names Textron Financial as Preferred Lender

Providence, RI – June 5, 2008 — Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, today announced that it has been named as the preferred lender of Big Tex Trailer Manufacturing, Inc., one of the largest trailer manufacturers in the United States. Through this strategic partnership, the company's Diversified Products Division will now provide inventory financing, commonly referred to as floorplanning, to Big Tex Trailers' entire dealer network on all Big Tex Trailers product lines, including CM Trailers and S&H Trailers.

"This is a tremendous opportunity for Textron Financial as we are now aligned with one of the most significant manufacturers in the trailer industry," said Lisa Larson, senior vice president and general manager of the Diversified Products Division. "The relationship allows both companies to leverage our respective strengths to the benefit of trailer dealers across the country. Dealers will be able to carry a greater variety of Big Tex Trailers' solid product line on their lot, while taking advantage of flexible financing options provided by a lender with years of industry experience."

Throughout the year, Big Tex Trailers will also be running a variety of interest-free subsidized floorplan financing programs. These programs, offered to all current and potential dealers, are financed exclusively through Textron Financial. "It is very important to us to make sure that our dealers have the financial tools they need to be successful. The team of professionals at Textron Financial makes it easy with their responsive and knowledgeable financial service, and they understand the need for personalized financing solutions in the trailer industry," said Stan Garrett, vice president of finance & accounting for Big Tex Trailers.

Textron Financial's Diversified Products Division provides non-exclusive inventory financing services to manufacturers, distributors and dealers in the trailer, hearth & home, musical instruments, power sports, and pool & spa industries. These services typically take the form of revolving lines of credit ranging from $50,000 to $10 million.

About Big Tex Trailers

Big Tex Trailers, the leading utility and equipment trailer manufacturing company in the United States, has a work force of over 600 and produces trailers from two separate manufacturing facilities in Texas – one in Mt. Pleasant and the other in Odessa. With the recent acquisition of CM Trailers, S&H Trailers & CM Truck Beds, Big Tex now offers a much wider range of products to offer their customers. The success of these companies can be attributed largely to their dealer networks. Together, the combined strength of the 500-plus independent Big Tex, CM and S&H dealers help represent the most diverse line of standard utility, dump, custom, enclosed and livestock trailers available in the country that been provided to governments, consumers, and industry throughout. Additional information about Big Tex is available at www.bigtextrailers.com and CM at www.cmtrailers.com.

About Textron Financial

Textron Financial is a diversified commercial finance company with more than $11 billion in managed receivables. It has core businesses in Aviation Finance, Asset-Based Lending, Distribution Finance, Golf Finance, Resort Finance, and Structured Capital. Textron Financial also provides financing programs for products manufactured by its parent company, Textron Inc. Additional information about the company is available at www.textronfinancial.com

About Textron Inc.

Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.