IAG, SA: Statement on possible cash offer for Aer Lingus

International Consolidated Airlines Group, SA (“IAG”) confirms it has submitted an improved proposal to make an offer for Aer Lingus. The proposal consists of an offer of €2.55 per share, structured as a cash payment of €2.50 per share, payable upon completion, in addition to an ordinary dividend of €0.05 per share. The proposal is subject to certain pre-conditions.
There can be no certainty that any further proposal or offer will be forthcoming. A further statement will be made if and when appropriate.