AEGEAN AIRLINES S.A.

Financial Calendar 2012

Aegean Airlines announces the Financial Calendar for 2011, in accordance with article 4.1.4.3.1 of the Athens Exchange Rulebook:

Announcement of 2011 financial results: Wednesday 28 March 2012, after the close of Athens Exchange trading session

Publication of 2011 financial results: Thursday 29 March 2012 (Results will be posted on Aegean Airlines website (www.aegeanair.com) and on Athens Exchange website (www.athex.gr).

Analysts Conference Call on 2011 financial results: Friday 30 March 2012 (12:00 Greek time, 10:00 UK time)

Annual General Shareholders Meeting: Thursday 14 June 2012

The Company will not distribute dividend for FY2011

The Company reserves the right to change the abovementioned dates, after proceeding with the relevant public notification.