Statement re share price movement

MayAir Group plc

("MayAir", the "Company" or the "Group")

Statement re share price movement

The Board of Directors of MayAir notes the rise in the Company's share price and confirms that it knows of no reason for the price movement. As announced by the Company on 5 August 2016, MayAir has recently commenced a share buy-back programme following the approval granted by its shareholders at the Group's annual general meeting earlier this year.

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Notes to Editors

Founded in 2001, MayAir Group is a leading specialist provider of air purification technology for use in industrial cleanrooms, supplying large multinational manufacturers including Sony, Continental and Bosch. The Group's core business is in providing Fan Filter Units ("FFUs") air filtering equipment for use in industrial cleanrooms, an area in which MayAir has established itself as one of the leading providers in China.

In recent years, the Group has diversified its product offering to include indoor clean air solutions for the commercial and residential markets. Key flagship commercial projects so far include Shanghai airport terminals, Shanghai International Convention Centre, SOHO Galaxy office development in Beijing and Chengdu's Subway. MayAir is well positioned to take advantage of the growing demand for air purification technology and in the year to 31 December 2015, the Group reported record figures with revenue rising by 45% to US$63.6 million and underlying operating profit rising by 19% to US$7.7 million. MayAir Group was admitted to trading on AIM in May 2015 with the ticker MAYA.L.

For additional information please visit: www.mayairgroup.com