Secures Finance Facility

20 Dec 2007 07:00

Capital Lease Aviation PLC20 December 2007 20 December 2007 CAPITAL LEASE AVIATION PUBLIC LIMITED COMPANY (the "Company") USD $7,574,000 AVIATION FINANCE FACILITY The directors advise that the Company has secured, and a special purpose whollyowned subsidiary has drawn down, a USD $7,574,000 aviation finance facilityoffered by a leading bank. • The Term of the facility is a fixed 60 months; • The Interest rate is fixed at 6.5% per annum over the term; • Loan is fully amortizing over the term; • The currency of the loan is USD; and • No element of the facility is convertible to equity. In due course the Company anticipates using these funds to purchase anotheraircraft. The directors take responsibility for this statement. ---Ends--- Enquiries: CAPITAL LEASE AVIATION PLCJeff Chatfield, Chairman 07783 942 553 STOCKBROKERSWH Ireland Limited 020 7220 1670 MEDIAMaxine Barnes, Nick RomeBishopsgate Communications 020 7562 3350 NOMINATED ADVISER James Joyce, David PorterWH Ireland Limited 020 7220 1666 This information is provided by RNS The company news service from the London Stock Exchange