TWO ADDITIONAL AIRCRAFT

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

TWO ADDITIONAL AIRCRAFT

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, is pleased to announce that it has acquired two new ATR 72-600 aircraft from the manufacturer, Avions de Transport Regional GIE. These aircraft will be configured by the manufacturer and delivered on lease to Braathens Regional Airways AB. Deliveries are scheduled for mid-January 2020 and during March 2020.

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Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: [email protected]

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation is available at www.avation.net.