Transaction in Own Shares

AVATION PLC

("AVAP" or "the Company")

PURCHASE OF TREASURY SHARES

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that on 27 February 2018 the Company purchased 100,000 shares through the market into treasury at a price of 285 pence per share.

Following this purchase the Company holds 100,000 treasury shares.

There are 64,481,936 ordinary shares of the Company in issue.  Following this share purchase the applicable number of total voting rights for the purpose of calculating shareholders' percentage voting rights is 64,381,936.

  -ENDS-

More information on Avation can be seen at: www.avation.net

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman                                        +65 6252 2077

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to international airlines across the globe.

More information on Avation is available at www.avation.net.