Statement re Bond Maturity

British Airways PLC
09 June 2005



British Airways Plc and British Airways Capital Limited announce that the 9 3/4
per cent. Convertible Capital Bond 2005 issued by British Airways Capital
Limited (the 'Bonds') will mature on 15 June 2005.



By close of business on 8 June 2005, being the closing date for holders of the
Bonds to voluntarily elect to exchange and convert their Bonds, a total of
13,279 elections had been received to convert and exchange a total of
108,037,184 Bonds. Those Bonds will convert into 46,162,189 ordinary shares in
British Airways Plc, which will be issued to the former holders of the Bonds on
15 June 2005.



As regards the remaining 4,280,090 Bonds, British Airways Plc has received
notification that the trustee of the Bonds, The Law Debenture Trust Corporation
p.l.c., (the 'Trustee') intends to exercise the exchange and conversion rights
in respect of the unconverted Bonds in accordance with the terms and conditions
of the Bonds and that, accordingly, the Trustee has arranged for the sale of the
1,817,297 ordinary shares arising on exchange and conversion which are to be
issued by British Airways Plc on 15 June 2005.








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