Textron Financial Vendor Finance Names William Carney Sales Manager
for Southeastern Region

Alpharetta, GA, USA – June 30, 2008 — Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announced today that its Vendor Finance Division has added William Carney as a regional sales manager.  In this role, Carney will assume responsibility for building vendor relationships within the construction industry throughout the Southeastern United States. 

“Bill is a well-respected industry veteran who brings a wealth of knowledge and experience to our growing team of professionals,” said Troy Murray, vice president and national sales manager, Vendor Finance. “Our goal is to place top sales talent in strategic regions across the country in order to better serve our customers.”

“Bill is a leader in the construction equipment finance market,” said Vincent Faino, president, Vendor Finance. “He is known for successfully identifying and satisfying the needs of large multi-line dealers and distributors.  He places the customer first in all that he does, making him an excellent fit for Textron Financial.”

Carney joins Textron Financial from GE Capital where he grew the Southeast territory into one of the company’s largest volume-producing regions, originating over $50 million in new business.  He has also worked for CitiCapital, where he originated loans and leases to the construction industry.

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 United States and Canada. The division is based in Alpharetta, Georgia, USA.

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.