Holding in Company

Avation Pplc - Notification of interest

28 March 20087

AVATION PLC ("THE COMPANY")

HOLDING IN COMPANY

Pursuant  to  the  FSA's  Disclosure and Transparency Rules, the Board  of  Avation  Plc  received
notification on 26 March 2008 from Loeb  Aron &  Company Ltd. that it has an interest in 1,056,000 shares in the Company. The interest totals 4.16%% of the issued voting shares of the Company.

The directors take responsibility for the contents of this announcement.

                                      ---ENDS---

ENQUIRES:

AVATION PLC                             07783 942 553
Jeff Chatfield, Chairman

ADVISOR                                 020 7628 1128
Frank Lucas, Loeb Aron & Company

STOCKBROKERS
WH Ireland Ltd                          020 7220 1670

Cornhill Asset Management Ltd           020 7743 6000

MEDIA                                   020 7562 3350
Maxine Barnes, Nick Rome & Sophie Davies
Bishopsgate Communications

Avation plc