Offer Update

British Airways PLC 19 April 2001 19 April 2001 Not for release, publication or distribution to, in or into the United States, Canada, Australia or Japan. Recommended Cash Offer by Ernst & Young on behalf of The Plimsoll Line Limited (the 'Offeror'), a wholly owned subsidiary of British Airways Plc to acquire the whole of the issued ordinary share capital of British Regional Air Lines Group plc (the 'Offer') EXTENSION OF OFFER AND LEVEL OF ACCEPTANCES The boards of British Airways Plc ('British Airways') and the Offeror announce that the Offer has been extended and will remain open until 3.00 pm on 9 May 2001. By 3.00 pm on 18 April 2001, the first closing date of the Offer, valid acceptances of the Offer had been received in respect of a total of 51,548,087 British Regional Air Lines Group Shares, representing approximately 79.7 per cent. of the total issued share capital of British Regional Air Lines Group. Immediately prior to the announcement of the Offer on 8 March 2001, the Offeror held irrevocable undertakings in respect of a total of 34,496,146 British Regional Air Lines Group Shares, representing approximately 53.3 per cent. of the total issued share capital of British Regional Air Lines Group, for which valid acceptances have now been received. Immediately prior to the announcement of the Offer on 8 March 2001, the Hon Raymond G H Seitz, who is a director of British Airways, was interested in 2,500 British Regional Air Lines Group Shares. A valid acceptance in respect of these shares has not yet been received from the registered holder. Save as disclosed above, neither the Offeror nor British Airways nor any persons deemed to be acting in concert with the Offeror or British Airways held any British Regional Air Lines Group Shares (or any rights over such shares) immediately prior to the commencement of the Offer Period nor has any such person acquired or agreed to acquire any British Regional Air Lines Group Shares (or rights over such shares) since the commencement of the Offer Period and no acceptances have been received from persons acting in concert with the Offeror or British Airways. Terms defined in the Offer Document dated 28 March 2001 have the same meanings when used herein unless the context requires otherwise. Enquiries: British Airways British Airways Press Office Tel: 020 8738 5100 Investor Relations Tel: 020 8738 6947 Ernst & Young Paul Smith Tel: 020 7951 4721 Andrew Grace Tel: 020 7951 4066 Ernst & Young, which is authorised to carry on investment business by the Institute of Chartered Accountants in England and Wales, is acting for British Airways and The Plimsoll Line Limited, a wholly-owned subsidiary of British Airways, and no one else in connection with the Offer and will not be responsible to anyone other than British Airways and The Plimsoll Line Limited for providing the protections afforded to clients of Ernst & Young, nor for providing advice in relation to the Offer. The Offer is not being made, directly or indirectly, in or into, or by use of the mails or any other means of instrumentality (including, without limitation, facsimile transmission, telex, e-mail or telephone) of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States, Canada, Australia or Japan and will not be capable of acceptance by any such use, means, instrumentality or facilities, or from within the United States, Canada, Australia or Japan.

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