ADMISSION OF NEW SHARES AND TOTAL VOTING RIGHTS

AVATION PLC

("Avation" or "the Company")

ADMISSION OF NEW ORDINARY SHARES AND

TOTAL VOTING RIGHTS

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that, further to the Company's announcement on 16 November 2018 in relation to the allotment of 1,538,190 new ordinary shares in the capital of the Company (the "New Shares"), the listing of the New Shares in the standard segment of the Official List of the UK Listing Authority and the admission of the New Shares to trading on the London Stock Exchange's main market for listed securities ("Admission") became effective and that dealings commenced at 8.00 a.m. on 21 November 2018.

The New Shares rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB00B196F554.

Following Admission, there will be a total of 64,481,936 ordinary shares in issue and shareholders may use the same number for the purposes of calculating Total Voting Rights.

-ENDS-

More information on Avation can be seen at: www.avation.net

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Notes to Editors:

Avation PLC is a commercial passenger aircraft leasing company, headquartered in Singapore, which owns and manages a fleet of commercial passenger aircraft leased to airlines across the world.