The Company announces that at a Board meeting held on 17 November 2006, 666,667 Ordinary Shares of 20p each ("Ordinary Shares") were allotted at a price of ¤0.60 per Ordinary Share under the terms of the facility agreement dated 2 September 2006. The enlarged issued share capital of the Company now consists of 42,205,213 Ordinary Shares. Application for the admission to AIM of the Ordinary Shares will be made and dealings are expected to commence on 24 November 2006. The Ordinary Shares will, on admission to AIM, rank pari passu with, and will be identical in all respects to, the existing ordinary shares of the Company. Application will also be made at the earliest practical opportunity for admission of the Ordinary Shares to trading on Euronext Amsterdam. Enquiries Should you have any queries please contact: - John Moore, CEO, Antonov plc +44 1842 768320 Jos Haag, Antonov plc +31 651 561 767 David Rae, Dawnay Day Corporate Finance +44 207 509 4570 Shane Dolan, Biddicks +44 207 448 1000