Notification of Transaction by Director

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS UNLAWFUL.

DORIC NIMROD AIR TWO LIMITED 

Notification of Transaction by Director

13 December 2013

Doric Nimrod Air Two Limited (the "Company") announces that on 12 December 2013 it was informed of the following purchase of Ordinary Preference Shares (SEDOL: B3Z6252, ISIN: GG00B3Z62522) ("Shares") in the capital of the Company on the Specialist Fund Market of the London Stock Exchange:

Date Shares Acquired Price per Share

Geoffrey Hall* 10 December 2013 50,000 240.5 pence

* denotes the individual as a Director

This notification relates to transactions notified in accordance with DTR 3.1.4R and CISX Rule 6.9.20.

JTC Fund Managers (Guernsey) Limited

Secretary

01481 722260

END OF ANNOUNCEMENT

E&OE - in transmission