CHC Helicopter Approved for Listing on NYSE

CHC Helicopter Corporation is pleased to announce that its Class A Subordinate Voting Shares have been approved for listing on the New York Stock Exchange. The company's Class A Subordinate Voting Shares will begin trading on the NYSE on Friday, October 11 under the stock ticker symbol "FLI".

"We are excited to have CHC's shares listed on the New York Stock Exchange," said Craig L. Dobbin, O.C., CHC's Chairman and Chief Executive Officer. "CHC will be joining a prestigious group of some of the largest international companies listed on the exchange and will gain increased visibility in the global investment community."

"We're thrilled to welcome CHC to our family of listed companies," said New York Stock Exchange Chairman and CEO Dick Grasso. "In the last 10 years, CHC has grown its business to become a leading offshore helicopter company, and listing on the NYSE further demonstrates the company's commitment to expanding its global reach. We look forward to our partnership with CHC and its shareholders."

Trading of CHC's shares on the NASDAQ will cease as of the close of business on Thursday, October 10, 2002.

The Company's Class A Subordinate Voting Shares and Class B Multiple Voting Shares will continue to trade on the Toronto Stock Exchange under ticker symbols FLY.A and FLY.B, respectively.