TREASURY DEALING AND VOTING RIGHTS

LSE: AVAP

20 October 2015

AVATION PLC

("the Company")

TREASURY DEALING AND VOTING RIGHTS

Avation PLC, (LSE: AVAP) the commercial passenger aircraft leasing company has purchased through the market into treasury 2,865,456 shares at a price of 140p from what was understood to be a liquidity motivated seller.

This purchase brings the total number of shares in treasury 3,315,456. The Company may in due course eventually deal in treasury shares or cancel them if it so elects. There are a total of 55,663,727 ordinary shares in issue in the Company. For the purposes of calculating percentage Voting Rights shareholders may use the number 52,348,271 as the relevant total number of Voting Rights.

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