Admission of New Ordinary Shares

14 December 2011

                                                AVATION PLC
                                              (the "Company")

                                     Admission of New Ordinary Shares

Further  to  the  Company's  announcement on 9 December 2011 in relation to the placing  of  1,818,182  new
ordinary  shares  in  the capital of the Company (the Placing) at a price of £1.10 per share  (the  Placing
Shares),  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 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  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 40,425,402 ordinary shares.

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

ENQUIRIES

Avation PLC:                                  

Jeff Chatfield (Chairman)                               [phone]

WH Ireland Limited:                                                        

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

Media:                                                                     

Nick Rome & Shabnam Bashir                              [phone]
(Bishopsgate Communications)                                               

Avation plc