AVATION PLC — Major Shareholding Notification 2011

Jul 4, 2011

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Company	Avation FLC
TIDM	AVAP
Headline	Notification of Major Interest in Shares
Released	09:27 04-Jul-2011
Number	6858J09

RNS Number: 6858J Avation PLC 04 July 2011

04 July 2011

AVATION PLC (the "Company")

Notification of Major Interest in Shares

The Company received notification on 1st July 2011 that, as at 30 June 2011, Slater Investments Ltd hold 4.01% (1,550,000 shares) of the direct voting rights in the Company.

ENQUIRES:

Avation PLC Jeff Chatfield, Chairman 942 553	+44 7783
WHIRELAND Harry Ansell, Stockbroker 7220 1670 James Joyce 7220 1666	+44 20 +44 20
Financial Public Relations Bishopsgate Communications 207 562 3350 Laura Stevens/Giang Nguyen	+44

Websites www.avation.net

Material Agreement Archive

Resid i July 2011

For fillings with the FSA include the annex. For filings with issuer exclude the annex

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: if		Avation plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: "	Slater Investments Ltd
4. Full name of shareholder(s) (if different from 3.): $\frac{iv}{ }$
5. Date of the transaction and date on which the threshold is crossed or reached: V		30 June 2011
6. Date on which issuer notified:		1 st July 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 4%

8 Notified details. dentity in the state of the explanation and an experimental state of the state of
A.W. Wotting international and to single produce the contract of the contract of the contract of the contract of				A BARTASAN DENGAN TERRA DENGAN TERRA DENGAN DENGAN DENGAN DENGAN DENGAN DENGAN DENGAN DENGAN DENGAN DENGAN DE			als where the
Class/type of shares	Situation previous to the triggering transaction			Resulting situation after the triggering transaction
if possible using the ISIN CODE	Number Number Οf οf	Number of shares	% of voting rights x Number of voting rights
	Shares	Voting Rights	Direct	Direct xl	Indirect xii	Direct	Indirect
GB00B196F554	1,500,000	1,500,000	0	0	1,550,000	0	4.01%

3B Qualifyliog Einemeial Instituments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date $^{\mathrm{xII}}$	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights

				EC. Efficinde Missingments with similar escriptific effectio Qualitying Ethancial Institution Is
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvil	Exercise/ Conversion period xvill	Number of voting rights Instrument refers to	$\%$ of voting rights $\frac{X}{X}$ ж
					Nominal	Delta

Number of voting rights	Percentage of voting rights
1,550,000	4.01%

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10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Ralph Baber
15. Contact telephone number:	+44 20 7220 9460

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