Corporate Action - Update

easyJet PLC
2 November 2001

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *EZJ
SEDOL CODE              *164-199
TERMS                   *3 New Ordinary Shares for every 40 existing Ordinary   
                         Shares held at 375p
EX DATE                 *29-10-01
RECORD DATE             *22-10-01
SPLITTING APPLICATION FORMS *16-11-01 3:00 p.m.
RECEIPT OF APPLICATION FORMS *20-11-01 3:00 p.m.
DEALING COMMENCE NEW SHARES *21-11-01
NOTES *Confirmation of offer price