Wizz Air Regulatory News (WIZZ)

Share Conversion

Geneva, 4 January 2016: Wizz Air Holdings plc ('Wizz Air' or the 'Company') announces that Indigo Maple Hill, L.P. and Indigo Hungary LP have converted 929,198 and 3,070,802 Convertible Shares into Ordinary Shares, respectively in accordance with the Company's articles of association (the 'Conversion'). The effect of the Conversion is an increase to the number of Ordinary Shares in issue from 52,377,615 to 56,377,615.

Each Ordinary Share carries one voting right per Ordinary Share. The Convertible Shares do not carry voting rights, save in very limited circumstances.

This Conversion has no impact on the total figure of 126,514,779 which may be used by shareholders for the Company's theoretical fully diluted share capital. Shareholders and others with notification obligations should refer to the total voting rights and share capital announcement made by the Company today.

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ABOUT WIZZ AIR

Wizz Air is the largest low-cost airline in Central and Eastern Europe and currently operates a fleet of 65 Airbus A320 and A321 aircraft, offering more than 400 routes from 23 bases, connecting 117 destinations across 38 countries. At Wizz Air, a team of approximately 2,600 aviation professionals delivers superior service and very low ticket prices making Wizz Air the preferred choice of 19 million passengers in the last 12 months. Wizz Air is listed on the London Stock Exchange under the ticker: WIZZ and is included in the FTSE 250 and FTSE All-Share Indices.