COMPLETION OF CONDITIONAL SALE OF AIRCRAFT

RNS: AVAP

17 April 2015

AVATION PLC

(the "Company")

COMPLETION OF CONDITIONAL SALE OF AIRCRAFT

Avation PLC, (LSE: AVAP) the commercial passenger aircraft leasing company, announces that, further to the announcement made on 13 February 2015, it has now completed the sale of one of the ATR 72-600 aircraft.

A further announcement will be made once the second conditional sale is completed which is expected in the next two months.

-ENDS-

More information on Avation PLC can be seen at: www.avation.net

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