Open Offer - Admission of New Ordinary Shares

LSE: AVAP 24 May 2013 AVATION PLC (the "Company") Open Offer - Admission of New Ordinary Shares Further to the Company's announcement on 23 May 2013 in relation to the allotment of 4,337,987 new ordinary shares in the capital of the Company (the New Shares) on the completion of the Open Offer, the Company announces that the listing of the New Shares to the standard segment of the Official List of the UK Listing Authority and the admission of the New Shares to trading on the London Stock Exchange's main market for listed securities became effective and that dealings commenced at 8:00 a.m. today. The New Shares rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB00B196F554. Following Admission, there are a total of 48,822,960 ordinary shares in issue. For the purposes of calculating Total Voting Rights shareholders may use the number 48,822,960 as the total number of shares in issue from today. The directors of the Company take responsibility for the contents of this announcement. ENQUIRIES Avation PLC: Jeff Chatfield (Executive Chairman) +65 9735 4151 Liberum Capital Limited: Chris Bowman / Richard Bootle +44 203 100 2222 W H Ireland Limited: James Joyce +44 207 220 1666 Blythe Weigh Communications Tim Blythe, Rob Kellner, Eleanor Parry +44 20 7138 3204 Avation plc