Brand Licence

RNS Number : 3901X

Fastjet PLC

07 February 2013

 



7 February 2013

fastjet plc

("fastjet" or the "Company")

                                                                                                Brand Licence

In response to recent misleading press reports, David Lenigas, Chairman of fastjet plc and Chairman of Five Forty Aviation Limited (Kenya) ("Fly540 Kenya"), confirms that fastjet is the sole owner of the 540 brand (including fly540 Kenya) which it acquired through its acquisition of Lonrho Aviation in July 2012. Lonrho Aviation has held the sole and exclusive rights to the Fly540 Brand for a number of years, furthermore Fly540 Kenya have not been authorised to sub-licence the brand.

Statements made by Don Smith from Kenya, a director of Fly540 Kenya, suggesting he has the right to withdraw the Brand are absolutely wrong and without foundation. The Board of Directors of Fly540 Kenya has never met to even consider this issue and this has been confirmed by other directors.

fastjet wishes to advise the media and our passengers who fly with us throughout Africa in either a fastjet plane, Fly540 plane or Fly540 Africa plane, that we are looking forward to expanding our Low Cost Airline throughout the African Continent.

For media enquiries please contact:

UK media - Citigate Dewe Rogerson Tel: [phone]

Angharad Couch

Patrick Donovan

Chris Barrie

Eleni Menikou

Africa Media - Africa Practice Tel: [phone]

Natalie Maule

Anna Riley

Joan Kiambat

Meg Muigai

Evelyn Njoroge

For investor enquiries please contact:

W.H. Ireland Ltd. Tel: [phone]

James Joyce

Nick Field

NOTES TO EDITORS

About fastjet plc

fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com

 

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