EANS-Adhoc: Air Berlin PLC - Closing of Orderbook for the 11.5% bond - Offer Period for Buyback of 1.5% 2007 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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closing orderbook bond

28.10.2011

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

London, 28 October 2011 - Air Berlin PLC announces that it has closed
the order book for the new 11.5% bond issue (ISIN DE000AB100C2) and
has ended the subscription period on 28 October 2011, as the
subscriptions for the bonds exceed the principal amount of the bond
issue of EUR 100 million. The bonds are denominated in units with a
nominal value of EUR 1,000 and will be issued at 100% of their
principal amount. The issue date for the bonds is 1 November 2011.
quirin bank AG is the Lead Manager of the bond issue. Following the
successful placement of the 11.5% bond, Air Berlin PLC further
announces that the period in which holders of the 1.5% Convertible
Bonds issued by Air Berlin Finance B.V. in 2007 (ISIN DE000A0NQ9H6)
will be invited to offer to Air Berlin PLC the sale of their
outstanding Convertible Bonds will last from, and including, 31
October 2011 through, and including, 10 November 2011. The invitation
will be subject to customary exclusions and receipt of the proceeds
from the issuance of the new 11.5% bonds. The offer price for an
individual Convertible Bond in a nominal amount of EUR 100,000 will
be EUR 99,000 plus accrued interest. Morgan Stanley Bank AG has been
mandated to act as exclusive Dealer Manager and Tender Agent.

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 Bond 2007) Euro MTF Market on the
Luxembourg Stock Exchange ISIN DE000A1ALH01 (Convertible Bond 2009)
Open Market on the Frankfurt Stock Exchange ISIN DE000AB100A6 (Bond
2010) and ISIN DE000AB100B4 (Bond 2011) each of both 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