11.11.2011 – 08:33

Air Berlin PLC

EANS-Adhoc: Air Berlin PLC announces the result and the economic effects of the partial acquisition of the 2007 1.5% Convertible Bonds

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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buyback convertible bonds 2007

11.11.2011

Ad hoc Notification Pursuant to § 15 of the German Securities Trading Act (WpHG)

London, 11 November 2011 - Air Berlin PLC announces that it will acquire bonds
of the EUR 220 million 1.5% Convertible Bonds issued by Air Berlin Finance B.V.
in 2007 (ISIN DE000A0NQ9H6) in an aggregate nominal amount of EUR 125.2 million.
This will occur after the period in which holders of bonds were invited to offer
the sale of their still outstanding bonds (aggregate nominal amount of EUR 136
million) to Air Berlin PLC expired on 10 November 2011 (see the ad hoc
notification dated 28 October 2011). The purchase price including accrued but
unpaid interest amounts to EUR 99,889.34 for each of the 1,252 bonds in a
nominal amount of EUR 100,000. In accordance with IFRS, this results in a
one-time financial expense of EUR 1.1 million. As a result of the repurchase,
the number of ordinary shares into which the holders may convert their
outstanding bonds will be reduced from approximately 6.05 million to
approximately 0.48 million.
Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER Hertfordshire
Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on the Frankfurt Stock
Exchange (Regulated Market, Prime Standard) ISIN DE000A0NQ9H6 (Convertible Bonds
2007) Euro MTF Market on the Luxembourg Stock Exchange ISIN DE000A1ALH01
(Convertible Bonds 2009) Open Market on the Frankfurt Stock Exchange ISIN
DE000AB100A6 (Bond 2010), ISIN DE000AB100B4 (Bond April 2011) and ISIN
DE000AB100C2 (Bond November 2011) each of the three bonds segment Bondm of the
open market on the Stuttgart Stock Exchange and Main Securities Market on the
Irish Stock Exchange
Not for release, publication or distribution in the United States, Canada,
Australia and Japan and in any other jurisdiction in which offers or sales of
securities of Air Berlin PLC (the "Securities") are prohibited by applicable
law. This document does not constitute an offer to sell or a solicitation of an
offer to purchase securities of Air Berlin PLC. The Securities may not be
offered or sold in the United States under the U.S. Securities Act of 1933, as
amended, absent registration or an exemption from registration. No public
offering of Securities will be made in the United States. This document is not
for general publication, release or distribution in the United Kingdom and may
only be distributed in the United Kingdom to persons who (i) are investment
professionals falling within article 19 (5) of the U.K. Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, in its current version (the
"Order"), or (ii) are high net worth entities or other persons to whom it may
lawfully be communicated falling within article 49 (2) (a) to (d) of the Order
(all such persons will be termed "Relevant Persons" below). Anyone in the United
Kingdom who is not a Relevant Person may not act on the basis of this press
release or its contents or rely thereon. Any investment or investment activity
to which this press release refers is only available to Relevant Persons and is
only carried out with Relevant Persons.


Further inquiry note:
Ingolf Hegner
Head of Investor Relations
+49 (0)30 3434 1590 
ihegner@airberlin.com

end of announcement                               euro adhoc 
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issuer:      Air Berlin PLC & Co. Luftverkehrs KG
             The Hour House, High Street 32
             UK-WD3 1ER Rickmansworth, Herts
phone:       +49 (0)30 3434 1500
FAX:         +49 (0)30/3434-1049
mail:         abpresse@airberlin.com
WWW:         http://www.airberlin.com
sector:      Air Transport
ISIN:        GB00B128C026
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English