Press Release

Preliminary results for the year ended 30 June 2008

Aero Inventory plc (“Aero Inventory” or the “Group”), the provider of e-based procurement and inventory management solutions to the aerospace industry, today announces its results for the year ended 30 June 2008.

HIGHLIGHTS

• Revenue of $440.0 million, an increase of 78% over the previous year (2007: $247.0 million)
• Pre-tax profits of $73.1 million, an increase of 60% over the previous year (2007: $45.6 million)
• Basic EPS of 108.7 cents (2007: 65.9 cents), an increase of 65% over the previous year.
• Fully diluted EPS of 102.0 cents (2007: 65.3 cents), an increase of 56% over the previous year.
• Proposed final dividend of 12 pence per share (2007: 10.5 pence), to give a total for the year of 18 pence (2007: 15 pence)

A presentation to analysts will be held at 9.30am on Monday 22 September at the offices of Buchanan Communications, 45 Moorfields, London, EC2Y 9AE.

Commenting on the results, Rupert Lewin, Chief Executive of Aero Inventory, said:

“I am delighted to report another set of record results for the year to 30 June 2008. Airlines are now being forced to react to the impact of both increased fuel costs and recessionary pressures and this has resulted in more enquiries for new business than ever before. This places Aero Inventory in an excellent position to win new contracts in addition to working on the successful implementation of our contracts with ACTS and ANA.”

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View the full Preliminary results for the year ended 30 June 2008 PDF (95 KB)

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