AAIR Advent Air

RNS Number:1822D
Advent Air Limited
03 September 2007



For immediate release                                           3 SEPTEMBER 2007

                                ADVENT AIR LIMITED
                         ('Advent Air' or the 'Company')


                               EXERCISE OF WARRANTS


The Company announces that it received a notice dated 24 August 2007 from W H
Ireland Limited ('W H Ireland') to exercise warrants to subscribe for 2,000,000
new Ordinary Shares (the "Shares") at an average exercise price of 9.7 pence per
Share.

These warrants were issued to W H Ireland as a consequence of the successful
capital raising for the takeover of Skywest in August 2006. The allotment and
issuance of these Shares were approved by shareholders at the EGM of 15 May
2006.

Application has been made for these Shares to be admitted to AIM and trading is 
expected to commence on Friday 7 September 2007.

--ENDS--

Enquiries:

Advent Air Ltd                                                 07783 942 553
Jeff Chatfield, Chairman

Nominated Advisor                                              0207 220 1666
James Joyce/David Porter, W H Ireland Limited

Stockbroker
W H Ireland Limited                                            0207 220 1690
Philip Haydn-Slater

Financial Public Relations
Bishopsgate Communications                                     0207 562 3350
Maxine Barnes
Sophie Davis


Websites:
www.advent.com.sg
www.skywest.com.au


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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