AIRCRAFT OPTIONS PORTFOLIO

AVATION PLC

("Avation" or "the Company")

AIRCRAFT OPTIONS PORTFOLIO

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has expanded its aircraft options pipeline to 30 options for new ATR72-600 aircraft over the next five years. Previously Avation had 27 options for new ATR72-600 aircraft.

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More information on Avation PLC can be seen at: www.avation.net

Avation PLC is a commercial passenger aircraft leasing company, owning and managing a fleet of jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include Air France, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, Mandarin Airlines and VietJet Air.