Air Berlin PLC: Preliminary creditors' committees of Air Berlin has decided to continue the negotiat

Disclosure of inside information according to Article 17 of the Regulation (EU) No 596/2014 (Market Abuse Regulation, MAR)

Air Berlin PLC announces that the preliminary creditors' committees appointed by the local district court of Berlin-Charlottenburg in respect of Air Berlin PLC and Air Berlin PLC & Co. Luftverkehrs KG, which both are currently subject to preliminary debtor-in-possession insolvency proceedings, have decided today on the basis of the offers for the acquisition of the Air Berlin group or business units of the Air Berlin group that, with respect to the disposal of the air transport activities, negotiations shall be continued with a selected number of bidders until 12 October 2017; partial disposals shall also be considered. Further, authority was granted to conclude one or more agreements with one or more of these bidders. The selected bidders comprise (in alphabetical order) Deutsche Lufthansa AG and easyJet Airline Company Limited.

With respect to the other business units of the Air Berlin group the sales negotiations with further bidders will be continued.

As the selection of the bidders and the conclusion of transactions require the consent of the Board of Directors of Air Berlin PLC, the Board of Directors will deliberate on the offers of the bidders on 25 September 2017.