Acquisition of the Seventh aircraft

NOT FOR DISTRIBUTION OR RELEASE IN ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW

DORIC NIMROD AIR TWO LIMITED

DORIC NIMROD AIR FINANCE ALPHA LIMITED

Acquisition of the Seventh aircraft

30 November 2012

Doric Nimrod Air Two Limited ("DNA2") and its wholly-owned subsidiary Doric Nimrod Air Finance Alpha Limited ("DNAFA") are pleased to announce that DNAFA, on 30 November 2012 purchased an Airbus A380-861 aircraft bearing manufacturer's serial number 110 (the "Aircraft") for the sum of US$234,000,000. This is the last aircraft to be bought using the proceeds of the C-Share equity issue, and the debt secured through the issue of the EETC and, as indicated in the announcement made on 15 October 2012, it is anticipated the dividend for the next quarter will increase to 4.125 pence per Convertible Preference Share, subject to compliance with applicable laws and regulations.

Thereafter dividends are expected to be targeted at 4.5 pence per Convertible Preference Share per quarter, subject to compliance with applicable laws and regulations.

DNAFA also entered into an Aircraft Operating Lease with Emirates pursuant to which the Aircraft would be leased to Emirates.

About the Company

DNA2 is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Stock Exchange (LSE:DNA2/DN2C).

DNAFA is a Guernsey domiciled company with enhanced equipment trust certificates admitted to trading on the Main Market of the London Stock Exchange.

DNA2's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the "Assets").

To pursue its investment objective, DNA2 will seek to use the net proceeds of placings and other equity capital raisings (including the C Share issue), together with debt facilities (or instruments), to initially acquire Airbus A380 aircraft which will be leased to Emirates Airlines.

The Company aims to provide Shareholders with an attractive total return comprising income, from distributions through the period of the Company's ownership of the Assets, and capital, upon the sale of the Assets.

For further information, please contact:

For administrative and company information:

Anson Fund Managers Limited

+44 (0) 1481 722260

 For shareholder information:

Nimrod Capital LLP

Richard Bolchover

Marc Gordon

+44 (0) 20 3355 6855