Open Offer - Admission of New Ordinary Shares

LSE: AVAP

                                                                                                24 May 2013

                                                AVATION PLC
                                              (the "Company")

                               Open Offer - Admission of New Ordinary Shares

Further to the Company's announcement on 23 May 2013 in relation to the allotment of 4,337,987 new ordinary
shares  in  the  capital of the Company (the New Shares) on the completion of the Open Offer,  the  Company
announces that the listing of the New Shares to the standard segment of the Official List of the UK Listing
Authority  and  the admission of the New 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  New Shares rank pari passu in all respects with the existing ordinary shares of the Company with  ISIN
GB00B196F554.

Following  Admission,  there  are a total of 48,822,960 ordinary shares  in  issue.  For  the  purposes  of
calculating Total Voting Rights shareholders may use the number 48,822,960 as the total number of shares in
issue from today.

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

ENQUIRIES

Avation PLC:                                                                  
Jeff Chatfield (Executive Chairman)                                                            [phone]

Liberum Capital Limited:                                                                                    
Chris Bowman / Richard Bootle                                                               [phone]

W H Ireland Limited:                                                                                        
James Joyce                                                                                 [phone]

Blythe Weigh Communications                                                   
Tim Blythe, Rob Kellner, Eleanor Parry                                                      [phone]

Avation plc