Issue of Equity

8 January 2010 AVATION PLC ("Avation" or the "Company") ISSUE OF SHARES The Board of Avation announces that on the 8 January 2010, the Company issued and allotted 600,000 fully paid new ordinary shares pursuant to the exercise by Epsom Assets Limited. (a company in which Mr. Chatfield, a director of Avation, has a beneficial interest) of options at a price of 4p pence per ordinary share. As a consequence there are now a total of 26,219,010 shares in issue and the Directors' interests are now 19.3%. Mr Chatfield has a beneficial interest in 4,400,000 shares representing 16.78% of the issued ordinary share capital of the Company. ---ENDS--- The directors take responsibility for the contents of this announcement. ENQUIRES: AVATION PLC 07783 942 553 Jeff Chatfield, Chairman ADVISOR 020 7628 1128 Frank Lucas, Loeb Aron & Company Avation plc

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Avation (AVAP)
UK 100

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