General Announcement::RESPONSE TO ANALYST QUESTION

Issuer & Securities

Issuer/ Manager: AVATION CAPITAL S.A.
Securities: AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 10-Sep-2015 14:22:13
Status: New
Announcement Sub Title: RESPONSE TO ANALYST QUESTION
Announcement Reference: SG150910OTHRBR6R
Submitted By (Co./ Ind. Name): AVATION PLC / DUNCAN SCOTT
Designation: GENERAL COUNSEL
Effective Date and Time of the event: 09/09/2015 18:00:00
Description (Please provide a detailed description of the event in the box below): Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, completed a results conference call on the 8th of September 2015. A recording of the call is being made available on the Company website www.avation.net.

In response to an analyst question which involved the particulars of the 7th of August 2015 announced acquisition of an Airbus A320 on lease to Air France which is currently being purchased by Avation, the age of the aircraft was confirmed. The Company would like to advise that the aircraft was manufactured 23 September 2011. Therefore the aircraft is actually four years old. The Company advises that it has now successfully conducted technical due diligence on the aircraft.

Total size =50K