AAR to Announce Fourth Quarter 2002 Results on June 27

WOOD DALE, Ill., /PRNewswire-FirstCall/ -- AAR (NYSE: AIR) today announced that it will release financial results for its fourth quarter of Fiscal 2002 ended May 31, 2002, before the market opens on Thursday, June 27.

At 10:30 a.m. CDT, AAR will hold a conference call to discuss the results. The conference call can be accessed via dial-in (1-719-457-2649; conference code 602201). A replay of the call will be available (1-719-457-0820; conference code 602201) from approximately 1 p.m. on June 27 until 12 a.m. on Wednesday, July 3, 2002.

AAR (NYSE: AIR) is the preeminent provider of products and value-added services to the worldwide aerospace/aviation industry. Products and services include proprietary inventory management and logistic support services, encompassing supply, repair and manufacture of spare parts and systems. Headquartered in Wood Dale, Illinois, AAR serves commercial and government aircraft fleet operators and independent service customers throughout the world. Further information can be found at www.aarcorp.com.

SOURCE AAR CORP.

CONTACT: Dawn Kaiser, Director, Finance and Investor Relations, of AAR, +1-630-227-2098, dkaiser@aarcorp.com