Aer Lingus Offer

DISCLAIMER - IMPORTANT NOTICE

Recommended Cash Offer for Aer Lingus Group plc ("AerLingus") by AERL Holding Limited, a wholly-owned subsidiary of International Consolidated Airlines Group, S.A. ("IAG") (the " Offer").

ACCESS TO THIS SECTION OF THE WEBSITE MAY BE RESTRICTED UNDER SECURITIES LAWS IN CERTAIN JURISDICTIONS. THIS NOTICE REQUIRES YOU TO CONFIRM CERTAIN MATTERS (INCLUDING THAT YOU ARE NOT RESIDENT IN SUCH A JURISDICTION), BEFORE YOU MAY OBTAIN ACCESS TO THE INFORMATION. THE INFORMATION IS NOT DIRECTED AT, AND IS NOT INTENDED TO BE ACCESSIBLE BY, PERSONS RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. IF YOU ARE NOT PERMITTED TO VIEW THE INFORMATION, OR VIEWING THE INFORMATION WOULD RESULT IN A BREACH OF THE ABOVE, OR YOU ARE IN ANY DOUBT AS TO WHETHER YOU ARE PERMITTED TO VIEW THE INFORMATION, PLEASE EXIT THIS WEBPAGE.

THIS SECTION OF THE WEBSITE CONTAINS ANNOUNCEMENTS, DOCUMENTS AND INFORMATION (TOGETHER THE "INFORMATION") RELATING TO THE OFFER IN COMPLIANCE WITH THE IRISH TAKEOVER PANEL ACT 1997, TAKEOVER RULES 2013 (THE "IRISH TAKEOVER RULES"). THE INFORMATION IS BEING MADE AVAILABLE IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY, AND ITS AVAILABILITY IS SUBJECT TO THE TERMS AND CONDITIONS SET OUT BELOW.

BASIS OF ACCESS TO INFORMATION

Please read this notice carefully before clicking "I agree" or "I disagree" below. This notice applies to all persons who view this part of the website and, depending on where you live, it may affect your rights. This notice may be amended or updated by IAG from time to time and it should be read carefully in full each time you wish to view the website. In addition, the content of the website, and its accessibility by certain persons, may be amended at any time in whole or in part at the sole discretion of IAG.

For regulatory reasons we have to ensure you are aware of the appropriate regulations for the country which you are in. To allow you to view details relating to the Offer, you have to read the following and then press "I agree". If you are unable to agree you should press "I disagree" and you will not be able to view any such details.

The Information is not intended to, and does not, constitute or form any part of an offer to sell or otherwise dispose of or an invitation or the solicitation of an offer to purchase or otherwise acquire any securities, or the solicitation of a vote or approval pursuant to the Information or otherwise. Any person seeking access to this part of IAG's website represents and warrants to IAG that they are doing so for information purposes only.

The Information speaks only at the date of the relevant document or announcement and IAG has, and accepts, no responsibility or duty to update any Information (other than to the extent such duty arises as a matter of law or regulation).

OVERSEAS PERSONS

The Information is not for publication or distribution, directly or indirectly, in or into any jurisdiction where it would be unlawful to do so. Nothing on, or which can be downloaded from, the website constitutes an offer to sell or an invitation or solicitation of any offer to purchase or subscribe for any securities or solicitation of any votes attaching to securities which are the subject of the Offer in any jurisdiction in which such offer or solicitation is unlawful. The Information may not be downloaded or accessed by any person from or in any jurisdiction where it would or may constitute a breach of any applicable laws or regulations.

If you are not permitted to view or download the Information on the website, or viewing or downloading the Information would result in a breach of the above, or you are in any doubt as to whether you are permitted to view or download the Information, please exit this webpage by clicking on the "I disagree" box below.

By clicking on the "I agree" box below, you certify that you will not forward, transmit or show the Information to any person. In particular, you certify that you will not forward or transmit the Information to any jurisdiction where it would be unlawful to do so. Failure to comply with any such restrictions may constitute a violation of the laws and/or regulations of any such jurisdiction.

FORWARD LOOKING STATEMENTS

The information contained or referred to in the website may contain forward-looking statements with respect to certain aspects of the business of both IAG and Aer Lingus, strategies and plans and their expectations relating to the Offer. These forward-looking statements can be identified by the fact that they do not relate purely to historical or current facts but may include statements about the beliefs and expectations of the IAG, Aer Lingus and/or their management. Forward-looking statements often use words such as "anticipate", "target", "estimate", "intend", "plan", "goal", "believe", "will", "may", "should", "would", "could" or other words of similar meaning, but the use of such words is not the exclusive means of identifying such statements. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that may or may not occur in the future, and readers are cautioned not to place undue reliance on such statements.

The factors described in the context of such forward-looking statements could cause actual results and developments to differ materially from those expressed in or implied by such forward-looking statements. These forward-looking statements speak only as of the date of the relevant document(s) and IAG assumes no obligation to update or correct the Information contained in the website (save to the extent legally required).

Unless expressly stated otherwise, no statement contained or referred to in the website is intended to be a profit forecast, and no statement should be interpreted to mean that earnings or the earnings per share for the current or future financial periods will necessarily be greater than those for the relevant preceding financial period.

Aer Lingus shareholders should seek advice from an independent financial adviser as to the suitability of any action concerned. Any action required by a shareholder in connection with the Offer will only be set out in documents sent to or made available to Aer Lingus shareholders and any decision made by such shareholders should be made solely and only on the basis of information provided in those documents.

RESPONSIBILITY

Subject to any continuing obligations under applicable law or any relevant regulatory requirements, IAG expressly disclaims any obligation to disseminate, after the date of the posting of any document or announcement on this webpage, any updates or revisions to any statements in such documents or announcements in relation to the Offer to reflect any change in expectations or events, conditions or circumstances on which any such statements are based.

CONFIRMATION OF UNDERSTANDING AND ACCEPTANCE OF THIS NOTICE

By clicking on "I agree" below, you confirm that you have read, understood and agreed to be bound by the terms of the notice set out above and that you are not in, or a resident of, any jurisdiction where to download or view the Information would constitute a breach of securities law or regulation in that jurisdiction.

If you click "I disagree" below, we will be unable to provide you with access to the Information and you will be redirected to IAG's homepage.

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