Final Dividend Payment Date - Update

RNS: AVAP
                                                                                                 7 November 2013

                                                   AVATION PLC
                                                 (the "Company")

                                      FINAL DIVIDEND PAYMENT DATE - UPDATE

Avation PLC, (LSE: AVAP) the aircraft leasing company, which purchases commercial passenger aircraft and  leases
them to airlines, advises that the exchange rate for the dividend payments to be made in GBP will be the USD/GBP
exchange  rate  as  at  close  of business on 4 November 2013; namely US$1.00 to GB£0.6263  as  advised  by  the
Company's bankers.

Accordingly, all holders of shares on the UK Register will receive a dividend paid in Sterling of 1.11 pence per
share.

The  Company  further  advises that, at the request of the service providers facilitating  the  payment  of  the
dividend,  the  Dividend Payment Date will be moved to 25 November 2013. The Ex-Dividend Date  and  Record  Date
remain as previously announced.

For clarity and certainty:        2013 final dividend payment date  25 November 2013

                                                     -ENDS-

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

Enquiries:

Avation PLC                                                                                                     
Jeff Chatfield, Chairman                                                                        [phone]

W H Ireland                                                                                                     
Harry Ansell / James Joyce                                                                      [phone]

Liberum Capital Limited                                                                                         
Chris Bowman / Richard Bootle                                                                   [phone]

Blythe Weigh Communications                                                                                     
Tim Blythe / Eleanor Parry                                                                      [phone]

Avation plc