DNIPROAVIA PLANS TO BUY TWO EMBRAER-145 AND TWO BOEING-737-500 AIRCRAFTS BY 2008
Ukrainian News Agency, Kyiv, Ukraine, September 27, 2007

KYIV - The Dniproavia airline company (Dnipropetrovsk) has plans to buy
two Embraer-145 and two Boeing-737-500 aircrafts by 2008. Ukrainian News
learned this from a company representative.

"We have plans to buy by the yearend," he said. Besides, the company plans to purchase two Embraer-170 and Embraer-195 in 2008.

As Ukrainian News earlier reported, now Dniproavia fleet includes
Boeing-737-300 and Boeing-737-400, two Embraer-145, three YAK-42 and
two YAK-40. Dniproavia finished 2006 with a loss of UAH 30.407 million.

In 2006, the company boosted net revenues by 16.8% or by UAH 18.069
million over 2005, to UAH 125.297 million.

Dniproavia Airlines, an open joint-stock company, was created on the basis
of the Dniproavia state company in 1996.

Dniproavia operates regular flights from Dnipropetrovsk to Kyiv, Moscow,
Odesa, Istanbul, and Vienna. It also operates charter flights and transports
cargoes. It is one of the five largest airline companies in Ukraine.