Eighth ATR Aircraft

LSE: AVAP Singapore, 7 2012 AVATION PLC (the "Company") Eighth ATR Aircraft Avation Plc (AVAP) the aircraft leasing company is pleased to announce that it has taken delivery of a further ATR72-600 aircraft to be added to the growing fleet being operated by Skywest Airlines in Australia. This is the eighth aircraft to be supplied to Skywest by Avation as part of the Australian Regional Airline Network (ARAN) agreement. Commenting today, Jeff Chatfield, Chairman of Avation Plc said "The number of aircraft supplied to Skywest as part of the ARAN agreement continues to grow and this has a an immediate impact on the company's revenues and profits which increase accordingly. Currently we have a further eight firm orders for ATR 72-600 aircraft with eight more under option." Further information on Avation PLC can be seen at: www.avation.net. Avation PLC is registered in England and Wales with a Headquarters in Singapore. Enquiries: Avation PLC Jeff Chatfield, Chairman +65 97354151 W H IRELAND Harry Ansell /James Joyce +44 20 7220 1666 Cadogan PR Alex Walters +44 20 7839 9260 +44 (0) 7771 713 608 Avation plc

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