Disposal

3 February 2014

BBA Aviation plc - Disposal of APPH

BBA Aviation plc ("BBA Aviation" or the "Company"), the leading global aviation support and aftermarket services provider, announces that it has completed the sale of the share capital of its APPH entities, part of the Aftermarket Services division, to Héroux-Devtek Inc. ("Héroux-Devtek") for a total cash consideration of US$128 million.

APPH is a full service landing gear and hydraulic sub-systems supplier, manufacturing and supporting systems and sub-systems for original equipment and aftermarket applications. For the year ended 31 December 2013, APPH had estimated revenue of $76.8 million and $7.2 million of underlying operating profit. After disposal-related costs and cash which will transfer with the APPH entities, the net cash proceeds of the transaction will be approximately $120.6 million.

In accordance with the Group's disciplined approach to capital management, the Board is considering an appropriate return of cash to shareholders and will make a further announcement regarding this in conjunction with the Group's Final Results on 5th March. In the meantime, the proceeds of the disposal will be used to reduce the Group's net borrowings. Prior to the impact of a cash return to shareholders, the transaction will be marginally earnings dilutive.

Commenting on the disposal Simon Pryce, Chief Executive of BBA Aviation, said:

"APPH is the only part of BBA Aviation that is focused on product design and development, with significant manufacturing activities and a higher fixed cost base than the rest of the Group.

APPH has made significant operational and financial improvements over the last two years. It has a leading position in its market and a range of growth opportunities, the pursuit of which is better undertaken under ownership more aligned to its products and markets.

We believe that the disposal is a positive development for BBA Aviation and its shareholders as we continue our focus on delivering long-term, sustainable value. We also believe that it is a positive outcome for the APPH business and its employees, offering them the opportunity of a long-term future within a group dedicated to the development and manufacture of landing gear systems and components for the aerospace market."

Enquiries:

BBA Aviation plc

Mark Hoad, Group Finance Director

Jemma Spalton, Head of Communications & Investor Relations

020 7514 3999

Tulchan

David Allchurch / Christian Cowley

020 7353 4200

Notes to Editors

About APPH

APPH is a landing gear and hydraulic sub-systems manufacturer, designing, engineering, manufacturing and supporting systems and sub-systems for original equipment and aftermarket applications.

The company produces and supports hydraulic equipment for military helicopters, advanced fighter jets, civil airliners and business jets and has an advanced Engineering Design Division dedicated to designing, certifying, testing and supporting hydraulic systems and landing gears.

APPH's manufacturing capability provides complex, multi-axis and mill-turn machined components for landing gears, match-ground hydraulic flight controls and aero-engine casings.

For the year ended 31 December 2012, APPH delivered operating profit of $2.9 million and as at 30 June 2013 had gross assets of $90.6 million.

About BBA Aviation plc

BBA Aviation plc is a leading global aviation support and aftermarket services provider with market leading businesses and attractive growth opportunities. BBA Aviation's Flight Support businesses (Signature Flight Support and ASIG) are focused on refuelling and ground handling of business and commercial aviation aircraft. Its Aftermarket Services businesses (Dallas Airmotive, Premier Turbines, H&S Aviation, International Turbine Service, Barrett Turbine Engine Company and Ontic) are focused on the repair and overhaul of jet engines and the service of aerospace sub-systems and components. For more information, please visit www.bbaaviation.com.

About Héroux-Devtek Inc.

Héroux-Devtek Inc. (TSX: HRX) is a Canadian company specializing in the design, development, manufacture and repair and overhaul of landing gear systems and components for the Aerospace market. The Corporation is the third largest landing gear company worldwide, supplying both the commercial and military sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. The Corporation also manufactures electronic enclosures, heat exchangers and cabinets for suppliers of airborne radar, electro-optic systems and aircraft controls through its Magtron operations. Approximately 70% of the Corporation's sales are outside Canada, mainly in the United States. The Corporation's head office is located in Longueuil, Québec with facilities in the Greater Montreal area (Longueuil, Laval and St-Hubert); Kitchener and Toronto, Ontario; as well as Springfield and Cleveland, Ohio.