DIRECTORS DEALING

28 September 2015

The following amendment has been made to the 'Directors Dealing' announcement released on 28 September 10:31am. Under RNS No 3703A:

In the final line of the RNS 'Avation' was spelt 'Aviation'.

The full amended text is shown below.

Replacement

AVATION PLC

("AVAP" or "the Company")

DIRECTORS DEALING

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, announces that it has been notified that a company in which Jeff Chatfield, Executive Chairman, is interested, Takeoff Asset Management Pte Ltd, purchased on the 23rd of September 2015 250,000 units of 7.5% Avation Capital 2020 notes at an executed price of 97.25.

 - ENDS -

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

Enquiries:

Avation PLC - Duncan Scott, Chief Legal Counsel +65 6252 2077