Dividend Declaration

DORIC NIMROD AIR TWO LIMITED

DIVIDEND DECLARATION - ORDINARY PREFERENCE SHARE

Overview

Doric Nimrod Air Two Limited (LSE:DNA2/DN2C) (the "Company") is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Market of the London Stock Exchange and the Channel Islands Stock Exchange.

Declaration of Dividend

In line with the Distribution policy the directors of the Company have declared a second interim dividend of 4.50 pence per Ordinary Preference Share for the financial period ending 31 March 2013.

This dividend will be payable on or around 2 November 2012 to holders on record 19 October 2012. The corresponding ex-dividend date will be 17 October 2012.

Future dividend payments are anticipated to be declared and paid on a quarterly cycle and as per the Prospectus are targeted at 4.50 pence per Ordinary Preference Share per quarter subject to compliance with applicable laws and regulations.

A quarterly fact sheet is posted on the Company's website http://www.dnairtwo.com/investors/quarterly-factsheet.html 

As the Board currently anticipates a further imminent delivery of an aircraft, which would be the second asset to be financed out of the proceeds of the C-share issue, it expects to make a further announcement in relation to the declaration of a C-share dividend before the end of October.

Investment Objectives and Policy

DNA2's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the "Assets").

To pursue its investment objective, DNA2 will seek to use the net proceeds of placing's and other equity capital raisings (including the C Share issue), together with debt facilities (or instruments), to initially acquire Airbus A380 aircraft which will be leased to one or more major airlines. All three aircraft proposed to be acquired at IPO have now been acquired and leased.

The Company aims to provide Shareholders with an attractive total return comprising income, from distributions through the period of the Company's ownership of the Assets, and capital, upon the sale of the Assets.

Investor information

The latest available information on the Company can be accessed via the website.

This document has been issued by, and is the sole responsibility of the Company and is for information purposes only. It is not, and is not intended to be an invitation, inducement, offer, or solicitation, to deal in the shares of the Company. The price of shares in the Company and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of shares in the Company. An investment in the Company should be considered only as part of a balanced portfolio of which it should not form a disproportionate part. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision.

By order of the Board

11 October 2012

For further information, please contact:

For administrative and company information:

Anson Fund Managers Limited

+44 (0) 1481 722260

For shareholder information:

Nimrod Capital LLP

Richard Bolchover

Marc Gordon

+44 (0) 20 3355 6855

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