ATV.L

Antonov plc

(the 'Company')

Issue of equity and unlisted warrants

The Company announces that following a drawdown of €250,000 under the terms of the 18 February 2009 Equity Facility agreement (the Facility Agreement), it has issued 410,924 Ordinary Shares of 10 pence each and 152,941 Unlisted Warrants to Quivest B.V. ('Quivest'). The shares allotted include the settlement of the commission due under the Facility Agreement.

Application for the admission to AIM of the Ordinary Shares allotted above will be made and dealings are expected to commence at 8.00am on 12 August 2009. The new ordinary shares will, on admission to AIM, rank pari passu with, and will be identical in all respects to, the existing ordinary shares of the Company.

Application will also be made for admission of the Ordinary Shares to trading on Euronext Amsterdam. It is anticipated that such admission will occur on or around 1 October 2009.

The enlarged issued share capital of the Company now consists of 13,465,065 Ordinary Shares of 10 pence each.

Enquiries.