Transaction in Own Shares

International Consolidated Airlines Group, S.A.

Transaction in Own Shares

INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (the "Company" or "IAG") announces that on 28 January 2016 it purchased 700,000 ordinary shares with a nominal value of 0.50 euro each in the capital of the Company (the "Shares"). The lowest price paid was £5.155 per Share and the highest £5.45 per Share. All of the shares purchased will be held as treasury shares in order to satisfy awards under the IAG Share Plans.

Following the purchase, the Company holds 16,928,825 treasury shares, and the Company's issued share capital (excluding Shares held as treasury shares) consists of 2,024,031,154 shares.

Each share carries the right to one vote in relation to all circumstances at general meetings of IAG. Accordingly, excluding shares held as treasury shares, IAG has total voting rights of 2,024,031,154.

This announcement is made in accordance with the requirements of Listing Rule 12.4.6 and Disclosure and Transparency Rule 5.6.1A.

IAG Shareholder Services

28 January 2016