Press Release

Issued by Farnborough Airport Ltd.

March 27, 2012

TAG Farnborough Airport, Europe's leading business aviation airport, is outlining its preparations to efficiently serve customers attending the London Olympic Games later this year, at the Asian Business Aviation Conference and Exhibition (ABACE) in Shanghai, 27-29 March 2012.

Demand for business aviation in the UK is expected to reach record levels this summer with the Olympic Games, Paralympics, Farnborough International Airshow and the Queen's Diamond Jubilee all taking place.

To handle increased demand during the Olympic period, arrivals and departures are being formally coordinated at all airports in the south east of England by Airport Coordination Limited (ACL) using a slot allocation system. According to TAG Farnborough Airport CEO, Brandon O'Reilly, the airport is well prepared and has already received a high number of advanced bookings.

"Thanks to our proximity to London and sole focus on business aviation needs, we are an ideal facility for customers travelling to these events," O'Reilly said. "The London Olympics presents an exciting opportunity to demonstrate to the world why we are Europe's leading business aviation airport."

Over the past 10 years, TAG Farnborough Airport has invested more than £100 million in state-of-the-art facilities and infrastructure. The airport now features an award-winning main terminal, control tower, on-site radar and two wave shaped hangars that offer 240,000 sq ft of hangarage space.

As a full service private airport, TAG Farnborough is able to offer a wide range of amenities and services for passengers, crew and aircraft including concierge service, on-site office space and aircraft maintenance. Passengers are able to drive directly to waiting jets, assuring a discrete and convenient flight experience.

"Our continued investment in cutting edge facilities and services, which are being outlined here at ABACE, reflect our commitment to serve our Asian customers. At TAG Farnborough we recognise the importance of the Asian markets and are already witnessing growth from this region," added O'Reilly.

The Asian Business Aviation Conference and Exhibition (ABACE) is being held in the new Shanghai Hawker Pacific Business Aviation Service Centre, 27-29 March, 2012. The conference is jointly sponsored by the National Business Aviation Association (NBAA) and the Asian Business Aviation Association (AsBAA), with the aim of increasing the business aviation market in Asia.