BA increases shareholding

British Airways PLC
19 March 2008


BA increases shareholding in Iberia

British Airways has bought 28,745,767 shares of the Spanish airline Iberia at an
average price of €2.34 per share, taking its holding to 13.15 per cent.

British Airways Chief Executive Officer Willie Walsh said: 'This purchase
reflects the strategic importance we attach to our relationship with Iberia and
our continued confidence in its management. We will consider further
opportunities to increase our stake.'

                                      ends

March 19, 2008                                                         039/KG/08


Notes to editors

Under the Spanish takeover regulation, the maximum shareholding that BA and the
other core shareholders can buy in any 12 month period without triggering a
mandatory offer is 5 per cent.

BA has an obligation to notify the other core shareholders before the 5 per cent
threshold is reached.


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