ATR 72-600 AIRCRAFT DELIVERY

AVATION PLC

("AVAP" or "the Company")

ATR 72-600 AIRCRAFT DELIVERY

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that it has delivered a second new ATR 72-600 aircraft, with manufacturer's serial number 1563, to the South Asian airline US-Bangla Airlines. The operating lease for this aircraft is at a market rates.

Avation's Executive Chairman, Jeff Chatfield said: "We are pleased to complete this second operating lease transaction with US-Bangla Airlines."

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation is available at www.avation.net.

Avation welcomes shareholder questions and comments and advises the email address is:

[email protected].