AVIA SOLUTIONS GROUP AB - FL Technics AB has completed acquisition of Storm Aviation Limited (UK)

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 2 011 / 33

Date of issue: 2011-09-30

Short name of the issuer

AVIA SOLUTIONS GROUP AB

Subject

FL Technics AB has completed acquisition of Storm Aviation Limited (UK)

Official market - legal basis

Inne uregulowania

Unofficial market - legal basis

Contents of the report:

On the 30th of September 2011 FL Technics AB, the subsidiary of Avia Solutions Group AB, has completed acquisition of Storm Aviation Limited (UK). Total purchase price for the shares amounted to GBP 1.32 million and additional GBP 0.35 million will be payable subject to the achievement of performance targets within a period of four years. In addition GBP 0.94 million has been paid as a loan to refinance existing loan stock. This acquisition creates one of the largest networks of independent line stations across EU and CIS countries, and expands FL Technics aircraft capabilities into A330, A340, A380, B747, B767, B777 and other types of aircraft. It also delivers FL Technics access to new markets and customers with long-standing relations with Storm Aviation.

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] http://www.aviasg.com

(e-mail) (web site)

LT100005619918 Not applicable

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2011-09-30 Aurimas Sanikoavs CFO