Issue Of Equity - 19 August 2013

19 August 2013

fastjet plc

("fastjet" or the "Company")

Issue of Equity

fastjet (AIM:FJET) is pleased to announce that it has raised £1,612,000 via a draw down on its Equity Financing Facility ("EFF") with Darwin Strategic Limited ("Darwin"), a majority owned subsidiary of Henderson Global Investors Volantis Capital ("Henderson").

Under the terms of the EFF agreement the Company raised gross proceeds of £1,612,000 by way of the issue of 161,200,000 shares of 1p each to Darwin (the "EFF Shares"). The new EFF Shares have been issued and rank pari passu in all respects with existing ordinary shares of 1p each in fastjet.

Application has been made to the London Stock Exchange for a total of 16,120,000 ordinary shares of 1p each to be admitted to trading on AIM based on the the proposed consolidation and sub division of share capital being approved at the Extraordinary General Meeting today. It is expected that the admission will become effective and that trading in the new shares will commence on 22 August 2013 ("Admission").

For further information, please contact:

fastjet Plc                                 Tel: +44 (0) 20 3651 6355

Ed Winter

Angus Saunders

W.H. Ireland Ltd.                      Tel: +44 (0) 20 7220 1666

James Joyce

Nick Field

Darwin Strategic Ltd.              Tel +44 (0) 20 7491 6512

Anand Sambasivan

Jamie Vickers

Citigate Dewe Rogerson         Tel: +44 (0) 20 7638 9571

Sally Marshak

Eleni Menikou

Posted on 19th August 2013