Pre-Close Trading Update

Dart Group PLC 17 April 2007 17 April 2007 Dart Group Plc ('the Group') Pre-close Trading Update Dart Group PLC, the aviation and distribution group, announces a pre-close trading update ahead of the Group's preliminary results for the year ended 31 March 2007, which are due to be announced on 28 June 2007. Since announcing interim results on 23 November 2006, the Group's low-cost airline Jet2.com has continued to invest in its route structure, launching a number of new routes earlier than originally planned. It has also launched Jet2holidays.com, its on-line package holiday product. Both of these initiatives involved unbudgeted development investment and marketing costs, which will be written off against 2006/07 profits. Fowler Welch-Coolchain has seen good volumes and continued to trade ahead of the Board's expectations. Cash flow remains strong, with year end net debt approximately £16 million. Further investment in the aircraft fleet was made in the second half, with the purchase of three Boeing 757 aircraft and two spare engines. The Group's strategy is to continue to grow both organically and by selective acquisition. Overall, the Board expects the Group's full year results to show strong growth over the previous year, with revenues in line with expectations. The accelerated investment in new routes at Jet2.com has led to higher costs in the year to 31 March 2007. Consequently, the Group's pre-tax profits will be moderately less than the market's best expectations. For further information contact: Philip Meeson 01132-387444 07785-258666 Mike Forder 01202-597680 07721-865850 This information is provided by RNS The company news service from the London Stock Exchange

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Jet2 (JET2)
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