Deccan Aviation Equity Shareholders & Creditors To Approve Scheme Of Arrangement

Pursuant to an order of the Hon'ble High Court of Karnataka, separate meetings of the equity shareholders, secured creditors and unsecured creditors of Deccan Aviation will be held on 17 April 2008 for the purpose of considering, and if thought fit, approving, with or without modification(s), the arrangement embodied in the composite scheme of arrangement between Kingfisher Airlines, Deccan Charters and Deccan Aviation.