NORDIC AVIATION CAPITAL A/S – Recent Transactions

Monday 26th September 2011

Nordic Aviation Capital is pleased to confirm that it has purchased one Bombardier Dash 8-Q300 (MSN 565) from All Nippon Airways Trading Co., Ltd. and purchased one ex Mac Air ATR 42-500 (MSN 571) from Transtate Airlines Investments Pty Ltd (Receivers and Managers Appointed).

It is also pleased to confirm that it has leased on ATR 42-320 (MSN 337) to TACA and sold one Fokker 50 (MSN 20178) to Air Panama.

Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft. NAC is the largest turboprop lessor in the world and marked its 20th anniversary in 2010.

The company provides aircraft to well-known carriers such as American Airlines, Lufthansa, US Airways, SAS, Flybe, TACA and other major regional carriers including Widerøe and TRIP Linhas Aéreas. Nordic Aviation Capital's current fleet of over 160 aircraft includes ATR 42, ATR 72, Bombardier Dash 8, Boeing 737, MD 83, CRJ 200, Fokker 50 and Saab 2000 aircraft.

The senior management team of NAC will participate at the European Regions Airline Association Annual General Assembly, era2011, in Rome this week (28-30 September).For additional information, please visit us at:

www.nac.dk.