Textron Financial Strengthens Vendor Finance Division
Troy Murray Named National Sales Manager

Alpharetta, GA – June 23, 2008 — Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announced today that it has added Troy Murray as vice president and national sales manager for its Vendor Finance Division. In this role, Murray will assume responsibility for building vendor relationships within the construction segment.

"Troy is a skilled sales leader who understands exactly how our division needs to grow," said Vincent Faino, president of the Vendor Finance Division. "We are augmenting our leadership team with an expert in equipment leasing and vendor relationships, who has specific experience in golf and construction equipment financing. He will be a great asset as we continue to gain momentum in the marketplace and grow leasing volume."

Murray joins Textron Financial from GE Capital where he increased his program's sales volume by 27% in 18 months, developed a portfolio retention plan that delivered $40 million in organic growth, and mentored a sales team responsible for 38% of total volume. Murray has also worked for Information Leasing Corporation, originating leases and loans to the golf industry, as well as American Equipment Leasing.

The Vendor Finance Division develops and manages vendor-based equipment leasing relationships across multiple industries, oversees Textron Financial's golf equipment financing business, and pursues construction and agricultural equipment financing opportunities in the U.S. and Canada. The division is based in Alpharetta, Georgia.

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.