Results of Placing

NOT FOR ISSUE, RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL

BBA AVIATION PLC("BBA Aviation" or the "Company")

2 March 2011

Results of Placing

BBA Aviation is pleased to announce the successful completion of the placing announced earlier today (the "Placing").

A total of 43,200,455 new ordinary shares of 29 16/21 pence each (the "Placing Shares") have been placed by J.P. Morgan Securities Ltd., which conducts its UK investment banking activities as J.P. Morgan Cazenove ("J.P. Morgan Cazenove") and RBS Hoare Govett Limited ("RBS Hoare Govett") at a price of 205.0 pence per Placing Share, raising gross proceeds of approximately £88.6 million. The Placing Shares being issued represent 9.99 per cent. of the issued ordinary share capital of the Company prior to the Placing. The Placees are professional and institutional investors, independent and not connected with BBA Aviation and its subsidiaries and their respective associates.

Application has been made to the Financial Services Authority for admission of the Placing Shares to the Official List of the UK Listing Authority (the "Official List") and to the London Stock Exchange for admission to trading of the Placing Shares on the London Stock Exchange's market for listed securities (together "UK Admission"). It is expected that UK Admission will take place at 8.00 a.m. on 7 March 2011 and that dealings in the Placing Shares on the London Stock Exchange's market for listed securities will commence at that time. 

The Placing Shares, when issued, will be fully paid and will rank pari passu in all respects with the existing ordinary shares of the Company including the right to receive all dividends and other distributions declared, made or paid after the date of issue, including the proposed final 2010 dividend of 5.7 pence per share as set out in the Results Announcement.

Enquiries

BBA Aviation Plc +44 (0)207 514 3999

Simon Pryce, Group Chief Executive

Mark Hoad, Group Finance Director

Jemma Spalton, Head of Communications & Investor Relations

J.P. Morgan Cazenove +44 (0)20 7742 4000

Robert Constant

Michael Wentworth-Stanley

Nicholas Hall

RBS Hoare Govett +44 (0)20 7678 8000

Neil Collingridge

John Fishley

Lee Morton

Tulchan +44 (0)20 7353 4200

David Allchurch

Christian Cowley

Martha Kelly

GENERAL

This announcement is for information purposes only and shall not constitute an offer to sell or issue or the solicitation of an offer to buy, subscribe or acquire any new ordinary shares in any other jurisdiction in which any such offer or solicitation would be unlawful. The information contained herein is restricted and is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Japan, South Africa or any other jurisdiction in which such release, publication or distribution would be unlawful.

In particular, neither this announcement nor any part of it are for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia). Neither this announcement nor any part of it constitutes or forms a part of any offer or solicitation to purchase or subscribe for securities in the United States, Canada, Australia, South Africa or Japan. The Placing Shares (as defined below) mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act").

The Placing Shares may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of securities in the United States.

This announcement may contain certain "forward-looking statements" with respect to certain of the Company's plans and its current goals and expectations relating to its future financial condition, performance and results. Forward-looking statements sometimes use words such as "aim", "anticipate", "target", "expect", "estimate", "intend", "plan", "goal", "believe", or other words of similar meaning. By their nature, all forward-looking statements involve risk and uncertainty because they relate to future events and circumstances which are beyond the control of the Company, including amongst other things, UK domestic and global economic business conditions, market-related risks such as fluctuations in interest rates and exchange rates, the policies and actions of governmental and regulatory authorities, the impact of competition, inflation, deflation, the timing impact and other uncertainties of future acquisitions or combinations within relevant industries, as well as the impact of tax and other legislation and other regulations in the jurisdictions in which the Company and its respective affiliates operate. As a result, the actual future financial condition, performance and results of the Company may differ materially from the plans, goals and expectations set forth in any forward-looking statements. Any forward-looking statements made herein by or on behalf of the Company speak only as of the date they are made. Except as required by applicable law or regulation, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any changes in the Company's expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based.

No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earning per share of the Company for the current or future financial years would necessarily match or exceed the historical published earnings per share of the Company.