Textron Financial Vendor Finance Names Craig Caldwell Regional Sales Manager

Alpharetta, GA, USA – July 24, 2008 — Textron Financial Corporation, a Textron Inc. (NYSE: TXT) company, announced today that its Vendor Finance Division has added Craig Caldwell as a regional sales manager.  In this role, Caldwell will assume responsibility for building vendor relationships within the construction industry in New Mexico, Texas, Louisiana, Arkansas, Oklahoma, Colorado, Kansas, and Missouri. 

“Craig is a seasoned veteran of equipment financing with deep ties to the construction industry,” said Troy Murray, vice president and national sales manager, Vendor Finance. “His experience and transaction skills are a tremendous asset to our field sales force.  I doubt there is a deal structure or collateral type Craig hasn’t already handled.”

Caldwell joins Textron Financial from GE Capital where he distinguished himself by managing the Southern territory and growing originations to over $40 million annually.  He has also worked for CitiCapital and The Associates, originating loans and leases for both construction and the golf & turf industry.

“Craig is a true professional, and he knows that in the construction equipment finance marketplace it is all about serving the needs and exceeding the expectations of our vendors every day,” said Vincent Faino, president, Vendor Finance. “All of us are confident that he will make a significant contribution towards our overall success.”

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.