CHC awarded contract renewals in Europe ST. JOHN'S, NL, Aug. 19 /PRNewswire-FirstCall/ -- CHC Helicopter Corporation ("CHC") (TSX: FLY.A and FLY.B; NYSE: FLI) announced today that it has been awarded two contract renewals in the North Sea with a combined value of approximately CDN $14.5 million per annum. Contract renewals are as follows: 1. PGS Production AS has awarded CHC a two-year contract renewal, plus two one-year options, for the provision of offshore crew change helicopter services utilizing CHC's fleet of Super Puma aircraft based in Stavanger, Norway. 2. Kerr-McGee has awarded CHC a one-year contract renewal, plus two one-year options, for the provision of one dedicated Super Puma Mk2 aircraft based in Aberdeen, Scotland. CHC Helicopter Corporation is the world's largest provider of helicopter services to the global offshore oil and gas industry, with aircraft operating in 30 countries and a team of approximately 3,400 professionals worldwide. If you wish to be added to, or removed from, the Company's distribution list, please e-mail: . This press release may contain projections and other forward-looking statements within the meaning of the "safe harbour" provision of the United States Private Securities Litigation Reform Act of 1995. While these projections and other statements represent our best current judgement, they are subject to risks and uncertainties that could cause actual results to vary. These statements may involve risks and uncertainties including, but not limited to, factors detailed in CHC's Annual Report on Form 20-F and in other filings with the United States SEC. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. DATASOURCE: CHC Helicopter Corporation CONTACT: Jo Mark Zurel, Senior Vice-President & Chief Financial Officer, (709) 570-0567; Chris Flanagan, Director of Communications, (709) 570-0749/685-1537; Archived images on this organization are available through CNW E-Pix at http://www.newswire.ca/. Images are free to members of The Canadian Press. To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on reports@cnw.

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