Admission of New Ordinary Shares

AVATION PLC
                                              (the "Company")

                                                5 July 2012

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA,
            JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL

                                     Admission of New Ordinary Shares

Further  to  the  Company's  announcement  on  29 June 2012 of  the  publication  of  the  prospectus  (the
"Prospectus")  in relation to the placing of 2,000,000 new ordinary shares in the capital  of  the  Company
(the  "Placing  Shares")  at a price of 100 pence per share (the "Placing"), and  in  accordance  with  the
Prospectus,  the Company announces that the listing of the Placing Shares to the standard  segment  of  the
Official  List  of  the UK Listing Authority (the "UKLA") and the admission of the Placing  Shares  to  the
London  Stock Exchange's main market for listed securities became effective and that dealings commenced  at
8:00 a.m. today.

The  Placing  Shares rank pari passu in all respects with the existing ordinary shares of the Company  with
ISIN GB00B196F554.

As at today's date, the Company has in issue 44,374,463 ordinary shares.

The directors of the Company take responsibility for the contents of this announcement.

ENQUIRIES

Avation PLC:                                  

Jeff Chatfield (Chairman)                               [phone]

W H Ireland Limited:                                                       

Harry Ansell (Stockbroker)                              [phone]
James Joyce (Stockbroker)                               [phone]

Cadogan PR:                                                                

Alex Walters / Lavinia Fiamma                           [phone]

Avation PLC

DISCLAIMER

This  announcement  does  not  constitute  an offer to sell or an  invitation  to  subscribe  for,  or  the
solicitation  of  an offer or invitation to buy or subscribe for, Placing Shares in any jurisdiction  where
such  an  offer  or solicitation is unlawful or would impose any unfulfilled registration,  publication  or
approval requirements on the Company and/or W H Ireland Limited (in its capacity as the placing agent).

The  distribution of this announcement in jurisdictions other than the United Kingdom, including the United
States, Australia, Canada, India, Japan, New Zealand or the Republic of South Africa, may be restricted  by
law  and therefore persons into whose possession this announcement comes should inform themselves about and
observe  any  of those restrictions. Any failure to comply with any of those restrictions may constitute  a
violation of the securities laws of any such jurisdiction.

The  Placing Shares will not be registered under the US Securities Act of 1933, as amended (the "Securities
Act")  or  under  the  relevant  laws of any state or other jurisdiction of  the  United  States  or  under
applicable  securities  laws of any state, province or territory of Australia, Canada,  India,  Japan,  New
Zealand or the Republic of South Africa and, accordingly, subject to certain exceptions, the Placing is not
being made, and none of the Placing Shares may be offered, sold, resold, delivered or transferred, directly
or  indirectly, in or into the United States, Australia, Canada, India, Japan, New Zealand or the  Republic
of  South  Africa or any other jurisdiction where such offer or sale would violate the relevant  securities
laws of such jurisdiction.

W  H  Ireland Limited, which is authorised and regulated by the Financial Services Authority of the  United
Kingdom,  is  acting exclusively for the Company and for no one else as placing agent in  relation  to  the
Placing  and  the  listing of the Placing Shares on the Official List of the UKLA and  their  admission  to
trading  on  the London Stock Exchange's main market for listed securities, and will not be responsible  to
any other person for providing the protections afforded to clients of W H Ireland Limited nor for providing
advice  in  connection  with  the Placing, proposed listing or admission to trading  or  contents  of  this
announcement or any other matters referred to in this announcement.

Avation plc