Press Release

BOC Aviation Converts Euro Medium Term Note Programme to Global Medium Term Note Program

16 Mar 2015

NOT FOR DISTRIBUTION IN THE UNITED STATES

This announcement does not constitute or form a part of an offer for sale of securities, nor a solicitation to purchase or subscribe for securities in the United States or any other jurisdiction.  The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.  Any offering of securities to be made in the United States or elsewhere will be made by means of a prospectus or an offering circular that may be obtained from the issuer that will contain detailed information about the issuer and its management, as well as financial statements. Nothing in this announcement shall constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful.

 BOC Aviation Pte. Ltd. (“BOC Aviation”) has converted its US$5 billion Euro Medium Term Note Programme to a US$5 billion Global Medium Term Note Program (“GMTN Program”), pursuant to which BOC Aviation may issue Notes in the United States to qualified institutional buyers in reliance on Rule 144A under the Securities Act and outside the United States to non-US persons in reliance on Regulation S under the Securities Act.

Notes issued under the GMTN Program may be listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) or such other or further stock exchange(s) and/or competent listing authorities as may be agreed between BOC Aviation and the relevant dealer(s) or may not be listed nor admitted to trading on any market. Net proceeds will be used to fund new capital expenditure, for general corporate purposes and/or to refinance existing borrowings.

Citigroup, The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) and J.P. Morgan have been mandated as arrangers for the GMTN Program, and will act as dealers together with BOC International.

BOC Aviation is a leading global aircraft leasing company with a portfolio of 250 owned and managed aircraft operated by 60 airlines worldwide in 31 countries, with commitments to acquire 201 aircraft, as of 31 December 2014. BOC Aviation has one of the youngest fleets in the industry with an average owned aircraft age of less than four years. BOC Aviation, owned by Bank of China, is based in Singapore with offices in Dublin, London, Seattle and Tianjin.

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For more information, please contact:

Claire LEOW

Tel: +65 6325 9638

Mobile: +65 9710 0790

[email protected]

www.bocaviation.com