Wizz Air Regulatory News (WIZZ)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Wizz Air Holdings Plc(the "Company")

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 thenotification obligation: iii

Indigo Hungary Management LLCWilliam A. Franke

4. Full name of shareholder(s)  (if different from 3.):iv

Indigo Hungary LPIndigo Maple Hill, L.P.

Bigfork Partners LLC

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

2 March 2015

6. Date on which issuer notified:

4 March 2015

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

Below 14% in voting rightsBelow 154% including instruments with similar economic effect to qualifying financial instruments (please refer to Section 13)

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary

JE00BN574F90

Indigo Hungary LP

7,864,811

7,864,811

5,174,788

5,174,788

9.9%

Indigo Maple Hill, L.P.

2,379,822

2,379,822

1,565,845

1,565,845

3.0%

Bigfork Partners LLC

70,000

70,000

70,000

70,000

0.1%

Indigo Hungary Management LLC

4,750

4,750

4,750

4,750

0.0%

William A. Franke

82,917

82,917

82,917

82,917

0.2%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

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

48,830,503

Nominal

Delta

93.4%

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

24,362,938

Nominal

Delta

46.6%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

80,091,741

153.2%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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:

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

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

13. Additional information:

Please refer to page 250 of the prospectus published by the Company on 25 February 2015 (the "Prospectus") which sets out the expected holdings of Indigo Hungary LP and Indigo Maple Hill, L.P following Admission (as defined in the Prospectus). The Over-allotment Option (as defined in the Prospectus) was exercised in full on 27 February 2015, resulting in the sale of, in aggregate, 3,504,000 Ordinary Shares by Indigo Hungary and Indigo Maple Hill, L.P. on 2 March 2015.

Please also refer to Part III of the Prospectus 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.

This disclosure has been calculated based on the total voting rights in issue amount of 52,263,615 as set out in the Prospectus.

14. Contact name:

Dan Domogala

15. Contact telephone number:

+1 602 224 1500