IAG: Completion of share buy-back programme

In relation to the share buy-back programme (the “Buy-back Programme”) pursuant to the announcement made on 30 June 2015, following the purchase made on 29 January 2016, INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (“IAG” or the “Company”) has concluded this Buy-back Programme in accordance with its terms.

Under this Buy-back Programme, the Company has acquired a total of 22,000,000 own shares, representing 1.08% of IAG’s share capital as of the date hereof.

The acquisition of own shares under this Buy-back Programme has been communicated on a regular basis, in accordance with the provisions of article 4.4 of Commission Regulation (EC) No 2273/2003 of 22 December 2003, and has been carried out pursuant to the terms and conditions established in such regulation.