AVIA SOLUTIONS GROUP AB - Avia Solutions Group has completed the sale of a 49 percent shareholding of Baltic Aviation Academy UAB

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 12 / 2014

Date of issue: 2014-06-25

Short name of the issuer

AVIA SOLUTIONS GROUP AB

Subject

Avia Solutions Group has completed the sale of a 49 percent shareholding of Baltic Aviation Academy UAB

Official market - legal basis

Inne uregulowania

Unofficial market - legal basis

Contents of the report:

Avia Solutions Group AB, company code 302541648, registered address at Smolensko str. 10, Vilnius, Lithuania (hereinafter referred to as “the Company" or “Avia Solutions Group"), has completed the sale of 49 percent of shares of its subsidiary – Baltic Aviation Academy UAB, company code 300618099, registered address at Dariaus ir Girėno str. 21, Vilnius, Lithuania (hereinafter referred as the “Subsidiary") to an unrelated third party. Sales proceeds from the disposal of a 49 percent shareholding in Baltic Aviation Academy UAB amounted to EUR 1,28 million. Following the sale Avia Solutions Group AB remains the major shareholder of Baltic Aviation Academy UAB with a 51 per cent shareholding. Source of information: Warsaw Stock Exchange

Annexes

File Description

AVIA SOLUTIONS GROUP AB

(fullname of the issuer)

AVIA SOLUTIONS GROUP AB Usługi inne (uin)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

LT-30201 Wilno

(post code) (city)

Smolensko 10

(street) (number)

[phone] [phone]

(phone number) (fax)

[email protected] www.aviasg.com

(e-mail) (web site)

LT100005619918 302541648

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2014-06-25 Irina Travkina Deputy CFO