Redemption or Purchase of Own Shares out of Capital

South Ayrshire-4.61049155.509274KA9 2PLCompanies Act 19852008-08-112008-07-072008-07-11KA92PLTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211,

Redemption or Purchase of Own Shares out of Capital


(the “Company”)

Company No SC135365

Pursuant to section 175 Companies Act 1985 the Company hereby gives notice that:

1.  On 7 July 2008 the Company passed a Special Resolution pursuant to section 173 Companies Act 1985 approving a payment out of capital for the purpose of acquiring 15,000,000 of its own preference shares by purchase.

2.  The amount of the permissible capital payment for the shares in question is £14,130,000.

3.  The statutory declaration of the directors and the auditors’ report required by section 173 Companies Act 1985 are available for inspection at Glasgow Prestwick International Airport, Aviation House, Prestwick, Ayrshire KA9 2PL.

4.  Any creditor of the Company may at any time prior to 11 August 2008 apply to the Court under section 176 Companies Act 1985 for an order prohibiting the payment.

Secretary, for and on behalf of Prestwick Airport Limited

11 July 2008.