FASTJET ZAMBIA APPROVAL UPDATE

9 January 2015 - fastjet, Africa's low-cost airline, is pleased to announce that fastjet Zambia Ltd has received confirmation from the Zambian Civil Aviation Authority that it has successfully completed the critical 'Phase 1' of its application for an Air Operating Certificate (AOC). This is a significant step towards the launch of fastjet operations in Zambia. The next stage of the AOC process, which is well underway, allows the authorities to evaluate fastjet Zambia's planned company structure, gain first-hand understanding of fastjet's Airbus aircraft and approve fastjet Zambia's operational plan.

Commenting on the news, Ed Winter, interim Chairman and Chief Executive Officer of fastjet plc, said: "The process to obtain permission to operate in Zambia is proceeding extremely well. We have an excellent team in Zambia, who are working positively with the local authorities to complete the approval process as efficiently as possible.

"We look forward to bringing the high quality and low-cost fastjet operation to the people of Zambia soon".

Zambia will be fastjet's second base from which it plans to operate low-cost flights to various destinations in East and Southern Africa. Prices on regional routes from Zambia are currently very high, especially so where a monopoly operator controls the route. fastjet is confident that its low-cost model will stimulate the market.

fastjet intends to announce its passenger statistics for December 2014 on 12 January 2015.

Tribeca Public Relations