Wizz Air Regulatory News (WIZZ)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Wizz Air Holdings Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

x

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

Indigo Hungary Management LLC

William A. Franke

4. Full name of shareholder(s)

(if different from 3.):iv

Indigo Hungary LP

Indigo Maple Hill, L.P.

5. Date of the transaction and date on

which the threshold is crossed or reached: v

19 June 2017

6. Date on which issuer notified:

19 June 2017

7. Threshold(s) that is/are crossed or reached: vi, vii

Voting rights: Below 3%

Including instruments with similar economic effect to qualifying financial instruments: Below 140%, 139%, 138%, 137%, 136%, 135%, 134%, 133%, 132%, 131%, 130%, 129%, 128%, 127%, 126%, 125%, 124%, 123% and 122% (Please refer to Section 13)

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of

shares

if possible using the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights x

Direct

xi

Direct

xii

Indirect

Direct

Indirect

Ordinary

JE00BN574F90

Indigo Hungary L.P.

8,245,590

8,245,590

0

0

N/A

0%

N/A

Indigo Maple Hill, L.P.

2,495,043

2,495,043

0

0

N/A

0%

N/A

Bigfork Partners LLC

70,000

70,000

70,000

70,000

N/A

0.1%

N/A

Indigo Hungary Management LLC

4,750

4,750

4,750

4,750

N/A

0.0%

N/A

William A. Franke

82,917

82,917

82,917

82,917

N/A

0.1%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration date xiii

Exercise/

Conversion Period xiv

Number of voting

rights that may be acquired if the instrument is exercised/ converted

% of voting

rights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration date xvii

Exercise/

Conversion period xviii

Number of voting rights

instrument refers to

% of voting rights xix,

xx

Convertible Shares - Indigo Hungary LP and Indigo Maple Hill, L.P.

Each Convertible Share is convertible into one Ordinary Share

 N/A

N/A

44,830,503

Nominal

Delta

78.0%

Convertible Notes - Indigo Hungary LP and Indigo Maple Hill, L.P.

Series A Notes and Series D Notes - €1

Series B Notes - €1.50

31/03/2022

to 31/03/2022

24,952,565(Please refer to Section 13)

43.4%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

69,940,735

121.7%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Indigo Hungary Management LLC is the general partner of Indigo Hungary LP and Indigo Maple Hill, L.P. William A. Franke is the sole member of Indigo Hungary Management LLC.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

Shares sold pursuant to a placing announced on 14 June 2017.

Please refer to Part III of the prospectus published by Wizz Air Holdings Plc on 25 February 2015 which sets out the terms of the Convertible Shares and Convertible Notes (each as defined therein) and the circumstances in which the conversion rights can be exercised.

The number of voting rights included in respect of the Convertible Notes in Part C of Section 8 includes Ordinary Shares that would have been issued in respect of accrued but unpaid interest assuming that the Convertible Notes had been converted in full on 19 June 2017.

This disclosure has been calculated based on the total voting rights figure of 57,477,671 as set out in Wizz Air Holding Plc's announcement of 7 June 2017.

14. Contact name:

Ken Klingler (CFO, Indigo)

15. Contact telephone number:

+1 602.224.1502