Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Air Partner Plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

x

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme

4. Full name of shareholder(s) (if different from 3):

N/A

5. Date of transaction (and date on which the threshold is crossed or reached if different):

8th December 2008

6. Date on which issuer notified:

9th December 2008

7. Threshold(s) that is/are crossed or reached:

0%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB0000115302

ORD 5p

559,926

559,926

0

0

N/A

0%

N/A

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

0

0%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

All voting rights held on behalf of the above entity are disclosed pursuant to DTR 5.1.2.

This disclosure is made by Hermes Investment Management Limited as agent on behalf of BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.

14 Contact name:

Valerie Davidson / Margaret Moss

15. Contact telephone number:

020 7680 2177 / 020 7680 2125

Annex Notification of Major Interests in Shares

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme

Contact address (registered office for legal entities) 

Lloyds Chambers, 1 Portsoken Street, London E1 8HZ

Phone number

020 7702 0888

Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name 

Hermes Administration Services Limited as agent for BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme

Contact address 

Lloyds Chambers, 1 Portsoken Street, London E1 8HZ

Phone number

020 7680 2125

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

Hermes Administration Services Limited acts as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme

C: Additional information

Please contact Margaret Moss / Valerie Davidson on the above numbers for further information.