Release of Civil Penalties Information

Pinnacle Aircraft Parts, Inc. Settles Reporting, Procedures and Penalties Regulations Allegations:

Pinnacle Aircraft Parts, Inc. (“Pinnacle”), Miami, FL, a U.S. corporation, has paid $225,000 to settle allegations of a violation of OFAC’s Reporting, Procedures and Penalties Regulations, 31 C.F.R. part 501 (the “RPPR”), occurring in November 2007. OFAC alleged that Pinnacle failed to provide documents responsive to an administrative subpoena issued by OFAC as part of its investigation of Pinnacle’s February 2004 sale and delivery of a jet engine, with a value in excess of $1 million. The engine appears to have been destined for Iran.

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