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Alabama Aircraft Industries (AAII) To Delist from Nasdaq

March 18, 2009 1:20 PM EDT
Alabama Aircraft Industries (NASDAQ: AAII) announced that it has submitted written notice to the NASDAQ Stock Market LLC of its intention to delist its common stock from NASDAQ, where it currently trades on NASDAQ's Global Market. The Company intends to file a Form 25 with the SEC and NASDAQ on or about April 1, 2009 to effect the delisting of its common stock from NASDAQ. By operation of law, the delisting will be effective ten days after the filing of the Form 25 with the SEC.

Additionally, on the same day that the delisting becomes effective, on or around April 11, 2009, the Company intends to file a Form 15 with the SEC to voluntarily terminate the registration of its common stock under the Securities Exchange Act of 1934, as amended and suspend its reporting obligations with the SEC.

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