Issue of Equity

8 January 2010

                                            AVATION PLC
                                   ("Avation" or the "Company")

                                          ISSUE OF SHARES

The Board of Avation announces that on the 8 January 2010, the Company issued and allotted 600,000
fully  paid  new ordinary shares pursuant to the exercise by Epsom Assets Limited. (a  company  in
which Mr. Chatfield, a director of Avation, has a beneficial interest) of options at a price of 4p
pence per ordinary share.

As  a consequence there are now a total of 26,219,010 shares in issue and the Directors' interests
are  now 19.3%. Mr Chatfield has a beneficial interest in 4,400,000 shares representing 16.78%  of
the issued ordinary share capital of the Company.

                                            ---ENDS---

             The directors take responsibility for the contents of this announcement.

ENQUIRES:

AVATION PLC                                                                     07783 942 553
Jeff Chatfield, Chairman

ADVISOR                                                                         020 7628 1128
Frank Lucas, Loeb Aron & Company

Avation plc