Director/PDMR Shareholding

British Airways PLC 23 November 2006 British Airways Plc (the 'Company') Employee Share Schemes - Announcement of transaction in ordinary shares of 25p each. Exercise of options The Company announces that on 22 and 23 November 2006 it was notified that, on 21 and 22 November 2006, options to acquire ordinary shares of 25p each in the capital of the Company granted under the Company's Long Term Incentive Plan 1996 and Share Option Plan 1999 had been exercised by executive directors and/or persons discharging managerial responsibility ('PDMR') as detailed in the table below. Table 1 Name Director/PDMR Number of shares Option price Geoffrey Want PDMR 40,931 Nil cost Gareth Kirkwood PDMR 31,152 321p Gareth Kirkwood PDMR 26,315 380p Gareth Kirkwood PDMR 15,678 394p Gareth Kirkwood PDMR 100,050 157p The Company also received notification that the directors and/or PDMRs listed below each sold ordinary shares of 25p each in the capital of the Company on the London Stock Exchange as set out in the following table: Table 2 Name Director/PDMR Number of shares Sale price Date of sale Geoffrey Want PDMR 40,931 483.15p 21.11.06 Gareth Kirkwood PDMR 173,195 492.250p 22.11.06 Purchase and sale of shares by employee trust The Company also announces that on 22 November 2006 it was notified that Computershare Trustee (CI) Limited, the trustee of the British Airways Employee Benefits Trustees (Jersey) Limited (the 'Trust'), had purchased 215,952 ordinary shares of 25p at prices ranging from 479p to 490.25p each on the London Stock Exchange. The executive directors of the Company named below, as well as other employees of the Company, are potential beneficiaries of the trust. As such, the number of shares in which the directors are interested increased by 215,952. The Company also received notification that on 20 to 22 November 2006 the Trust disposed of 215,952 ordinary shares of 25p each to satisfy the exercise of options under the Company's Long Term Incentive Plan. Willie Walsh and Keith Williams, executive directors of the Company, as well as other employees, are potential beneficiaries of the trust. As such, they are deemed to be interested in the shares held by the Trustee. Accordingly, the number of shares held by the Trust in which the directors are interested decreased by 215,952 following the disposal. This announcement is made following notifications under both section 324 Companies Act 1985 and Disclosure Rule 3.1.2. Contact: Alan Buchanan, Company Secretary Tel: 020 8738 5119 This information is provided by RNS The company news service from the London Stock Exchange

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