Aircraft to be used to develop new routes and link unconnected cities

Toulouse March 30, 2006-Kingfisher Airlines, India`s fastest growing airline and the first Indian carrier to offer Full Service at True Value today took delivery of its first ATR72-500 Aircraft in a ceremony at the ATR facility at Toulouse in France.

Kingfisher Airlines had initially placed an order for 20 ATR72-500 Aircraft, at the Dubai Air Show 2005 in a deal valued at US $350 million. But in keeping with its growth plans, had also placed a fresh order for 15 additional ATR 72-500 Aircraft in a deal valued at US$270 million. The new order was announced by Dr. Vijay Mallya, Chairman and Managing Director, Kingfisher Airlines, in the presence of French President Jaques Chirac earlier this year in the month of February.

In a ceremony today, Mr. Fillipo Bagnato, CEO, ATR, handed over Kingfisher Airlines` first ATR72-500 Aircraft to Dr. Vijay Mallya. The new ATR 72-500 Aircraft will be utilized to develop new routes and link unconnected cities in India.

"These aircraft will allow us to develop our network and introduce new routes not previously served and we are excited to be bringing the Kingfisher Airlines experience to more cities throughout India. We are pleased to induct this Aircraft into our ever expanding fleet," stated Dr. Vijay Mallya, Chairman and Managing Director, Kingfisher Airlines.

"I am very proud to see that this ATR aircraft under the livery of Kingfisher Airlines, will take part in the development of new commercial routes in India", said Filippo Bagnato. "This delivery is a step forward into the confirmation of the ATR aircraft as the optimal choice according to the characteristics of the Indian domestic flights".

Kingfisher Airlines currently operates a fleet of 11 brand new A 320 family aircraft and connects 15 key business and leisure destinations with more than 70 flights daily across India. Kingfisher Airlines is the first Indian carrier to have placed an order for five Airbus A380s, five A350s and five A330s. The deliveries of A330s are expected to begin in 2007 while the A380s and A350s arrive in 2010 and 2012 respectively.

About Kingfisher Airlines

Kingfisher Airlines is India`s first and only private airline to receive the prestigious, `Best New Airline of the Year` award in the Asia-Pacific and Middle East region from Centre for Asia Pacific Aviation (CAPA). Kingfisher Airlines has also been voted as the 3rd Most Successful Brand Launch of the Year 2005, in the annual Brand Derby Survey conducted by India`s leading business daily-Business Standard. In another Survey conducted by agencyfaqs.com and Brand Reporter, Kingfisher was voted as the 7th Buzziest Brand of 2005 amongst 2000 leading national and international brands. More recently, Kingfisher Airlines has bagged the "Service Excellence for a New Airline" award from Skytrax, a UK based specialist global air transport advisor. The latest addition to the list of laurels is the "Best New Domestic Airline for Excellent Services and Cuisine" award from Pacific Area Travel Writers Association (PATWA), the biggest travel writers` organization, representing members from 70 countries across the globe, that conducts independent annual surveys across various industries related with Travel and Tourism in order to select the best in each category.

Kingfisher Airlines commenced operations on May 9th, 2005 with a brand new fleet of aircraft. Kingfisher Airlines offers Full Service at True Value and promises an unparalleled experience to the Indian air traveler. On offer are extra-wide seats and spacious leg room, delicious gourmet meals, international-class cabin crew and a whole host of comforts and delights. Kingfisher Airlines also facilitates doorstep delivery of tickets on guest request. Fly the Good Times with Kingfisher Airlines. For more information on Kingfisher Airlines log on to www.flykingfisher.com

About The UB Group

The UB Group is one of India`s largest conglomerates with a turnover in excess of US $2 billion, with diverse interests in brewing, distilling, real estate, engineering, fertilizers, biotechnology, IT and aviation. In June 2005, The UB Group acquired management control of Shaw Wallace and Company Ltd. This transaction has catapulted The UB Group`s Spirits Division into becoming the third largest beverage alcohol company in the world with 15 millionaire brands in its portfolio, and annual sales in excess of 60 million cases. Kingfisher Airlines is a wholly owned subsidiary of United Breweries Holdings limited, the UB Group`s investments holding company. For more information on The UB Group log on to www.theubgroup.com

About ATR

Toulouse, Southern France-based regional aircraft manufacturer ATR is the world leader in the 50 to 70-seat turboprop market. In 2005, ATR posted a turnover of $542 million, an increase of 15% compared to 2004. ATR is an equal partnership between Alenia Aeronautica (Finmeccanica group) and EADS. ATR is certified ANSI/ISO/ASQ Q 9001:2000 and EN/AS/JISQ 9100, the worldwide quality standard in the field of aeronautics.

Previous ATR press releases: http://www.atraircraft.com/pressreleases.htm

For further information on Kingfisher Airlines, members of the media may contact:

Prakash Mirpuri: +91 98210 91715 / [email protected]