Erickson Air-Crane Incorporated (“Erickson”)(Nasdaq:EAC) announced today the pricing of its initial public offering of 4,800,000 shares of common stock at a price to the public of $8.00 per share. The common stock is expected to begin trading on the NASDAQ Global Market today under the ticker symbol “EAC.” Erickson expects to receive net proceeds, after deducting underwriting discounts and commissions and estimated offering expenses payable by Erickson, of approximately $32 million. Erickson intends to use the net proceeds to pay down indebtedness under its revolving credit facility. In addition, Erickson has granted the underwriters a 30-day option to purchase up to an additional 720,000 shares to cover over-allotments, if any. Stifel, Nicolaus & Company, Incorporated, Oppenheimer & Co. Inc. and Lazard Capital Markets LLC are acting as joint book-running managers, with D.A. Davidson & Co. and Wedbush Securities Inc. acting as co-managers for the offering. The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One South Street, 15 th Floor, Baltimore, MD 21202, by telephone at +1 443-224-1988 or by email at email@example.com, from Oppenheimer & Co., Inc., Attention: Syndicate Prospectus Department, 85 Broad Street, 26 th Floor, New York, NY 10004, by telephone at +1 212-667-8563 or by email at EquityProspectus@opco.com, and from Lazard Capital Markets LLC, Attention: Syndicate, 30 Rockefeller Plaza, 60 th Floor, New York, NY 10020 or by telephone at +1 800-542-0970. A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission (the “SEC”). This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.