Result of AGM, Dividend Dates and Director Changes

4 December 2012

                                            AVATION PLC
                                   ("AVATION" or the "COMPANY")

                     Result of Annual General Meeting, Change of Directorship

The  Directors of Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company,  are
pleased to announce a business update.

RESULTS OF THE AGM
The  Company  is  pleased to announce that resolutions 1-5; 7; and 9-10 set out in  the  Company's
notice  of annual general meeting dated 1 November 2012 and the additional resolutions set out  in
the  addendum to notice of annual general meeting dated 12 November 2012, proposed to shareholders
at the Company's Annual General Meeting held earlier today were duly passed.

Resolution 6 was withdrawn.

Resolution 8 was defeated at the annual general meeting.

The  Company  further advises that 72% of the Company's shareholders participated  in  the  annual
general meeting.

DIVIDEND DETAILS
The relevant dividend resolution was passed, for clarity and certainty, the particulars are:

Ex-Dividend Date:        23 January 2013
Record Date:             25 January 2013
PAY DATE:                22 February 2013
RATE:                    1.05 pence per share

RESIGNATION OF DIRECTOR
The  Company  announces  that  Mr. Andrew Charles Baudinette has tendered  his  resignation  as  a
director of the Company at the conclusion of the Company's annual general meeting.  The directors,
at  a  subsequent  board meeting to the AGM, accepted Mr. Baudinette's resignation  and  expressed
their gratitude to Mr. Baudinette for his service to the Company.

A  copy  of  the  Notice of General Meeting, detailing the resolutions, is available  from  the
Company's website at: http://www.avation.net/notices.html

                                           --- Ends ---

Enquiries:

Avation PLC
Jeff Chatfield, Chairman                                   [phone]

Cadogan PR
Alex Walters                                               [phone]
                                                           [phone]

Further information on Avation PLC can be seen at: www.avation.net. Avation PLC is registered in
England and Wales with an Operational Headquarters in Singapore.

Avation plc