Statement re Iberia Shrhldg

British Airways PLC
30 March 2007



BRITISH AIRWAYS STATEMENT ON IBERIA SHAREHOLDING

In the light of Iberia's announcement that it has received a bid approach, 
British Airways has decided to appoint UBS to advise on how to use 
British Airways' 10 per cent holding in Iberia in the best interests of 
British Airways shareholders. 

The advice will examine all options, including a disposal of British Airways' 
holding.


                                   ends

30 March, 2007                                                            PM/07


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