DGAP-Adhoc

Air Berlin PLC: Etihad contributes EUR 300 million to the company accounted for as equity cap-ital by subscribing to subordinated convertible bonds with no maturity date in an aggregate principal amount of EUR 300 million - Air Berlin PLC plans to issue n - Seite 2

CHF denominated notes or EUR denominated notes. The coupon for the notes is
to be determined in the course of the book building process and shall be in
a range of 5.50 to 6.25 per cent. p.a. (for the CHF denominated notes) or
6.00 to 6.75 per cent. p.a. (for the EUR denominated notes). The exchange
ratio for the bond due 2014 is 1 : 1.0325 for an exchange in EUR
denominated notes und 1 : 1.2597 for an exchange in CHF denominated notes.
For the bond due 2015, the exchange ratio is 1 : 1.0655 for an exchange in
EUR denominated notes and 1 : 1.2999 for an exchange in CHF denominated
notes. As a consequence, under the exchange offer, a maximum of new notes
in an aggregate principal amount of the equivalent of approx. EUR 368
million could be issued. Subject to an early closure, the exchange period
begins on 28 April 2014 and ends on 6 May 2014.

The new bonds to be issued will be divided into notes with a nominal value
of EUR 1,000 or CHF 5,000 each and will be issued and redeemed at 100 % of
their principal amount. The issue date for the bonds is expected to be on
or about 9 May 2014. The minimum subscription amount is EUR 100,000 or the
equivalent in CHF. The notes are to be included in the Open Market
(Freiverkehr) of the Frankfurt Stock Exchange by the issue date and listed
on the Euro MTF Market of the Luxembourg Stock Exchange. In addition, any
notes denominating in CHF are also to be listed on the SIX Swiss Stock
Exchange.

In addition to the bonds issued in connection with the exchange offer, Air
Berlin PLC plans to issue additional notes in an aggregated principal
amount of EUR 150 million due 2019 or due 2021. Air Berlin PLC intends to
use the net proceeds from the sale of these notes for general corporate
purposes.

With the measures described above, the discussions with certain
shareholders and finance providers referred to in the notifications of 19
March 2014 and of 26 March 2014 for a recapitalisation of the company are
concluded.

Air Berlin PLC The Hour House 32 High Street Rickmansworth WD3 1ER
Hertford-shire Great Britain ISIN GB00B128C026, WKN AB1000, (Share) on the
Frankfurt Stock Exchange (Regulated Market, Prime Standard), ISIN
DE000A0NQ9H6 (Con-vertible Bonds 2007) Euro MTF Market on the Luxembourg
Stock Exchange, ISIN DE000AB100A6 (Bond 2010), ISIN DE000AB100B4 (Bond
April 2011) and ISIN DE000AB100C2 (Bond November 2011 and November 2012)
each of the three bonds segment Bondm of the open market on the Stuttgart
Stock Exchange and Main Securities Market on the Irish Stock Exchange, ISIN