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Toni Perazzo
Chief Financial Officer
(650) 340-1888

FOR IMMEDIATE RELEASE


AEROCENTURY CORP. APPOINTS BRIAN J. GINNA AS VICE PRESIDENT-CORPORATE DEVELOPMENT

(Burlingame, CA), April 17, 2000 -- AeroCentury Corp., (ASE:ACY) announced today the appointment of Brian J. Ginna as its Vice President-Corporate Development. Prior to joining AeroCentury, Mr. Ginna, a graduate of Babson College, held various finance and accounting positions with affiliates of AeroCentury for the past nine years. He will be responsible for the company's public relations and investor relations.

AeroCentury is an operating lessor and finance company which specializes in leasing used regional aircraft and engines. The Company's aircraft and engines are on lease to regional airlines and commercial users in the U.S., the U.K., Europe and South America.

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