Aero Inventory PLC
31 March 2008


Immediate Release                                                  31 March 2008


                               Aero Inventory plc

          Five Year Exclusive Supply Contract with All Nippon Airways.

Aero Inventory plc ("Aero Inventory") is pleased to announce that it has signed
a five year exclusive contract with All Nippon Airways Co., Ltd. ("ANA") to
supply and manage a wide range of consumable and expendable aircraft parts for
Airbus A320 and B747-400 aircraft in the ANA fleet. The contract commencement
date is 1 April 2008.

The initial contract period will be for five years, with two further five year
extension options, and will involve a purchase by Aero Inventory of ANA's
existing stock in line with Aero Inventory's business model. The total
consideration to be paid to ANA amounts to US$22.5 million and will be financed
using part of Aero Inventory's recently enlarged asset backed finance facility
with Lloyds TSB Commercial Finance.

At ANA's recent rate of consumption the contract would be expected to generate
revenues for Aero Inventory of some US$ 160 million over the initial five-year
contract period.


Rupert Lewin, CEO of Aero Inventory said;

"We are delighted to have been selected as a partner by ANA, one of the world's
leading airlines, and to enter the important Japanese market."



For further information, please contact:

Aero Inventory plc +44 (0)20 8688 5812

Rupert Lewin, Chief Executive rupert.lewin@aero-inventory.com


JPMorgan Cazenove +44(0)20 7588 2828

Nick Garrett, Managing Director nick.garrett@jpmorgancazenove.com


Buchanan Communications Limited +44 (0)20 7466 5000

Bobby Morse, Director bobbym@buchanan.uk.com



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