Q8Aviation Secures Major Services Agreement With National Oil Ethiopia

By Q8 Aviation, PRNE
Thursday, January 20, 2011

WOKING, England, January 21, 2011 - Q8Aviation has signed a major Services Agreement with National Oil
Ethiopia (NOC), further strengthening Q8Aviation's presence in Africa.

NOC, Ethiopia's largest private oil company, entered the aviation fuel
supply business in July 2010 with the launch of a new aviation fuel depot and
state of the art refuelling facility at Addis Ababa Bole International
Airport. Under the agreement, Q8Aviation will carry out inspections and
audits of the refuelling operations and provide NOC with technical support
and insurance cover. Q8Aviation will also be responsible for handling tenders
for visiting carriers, working in partnership with NOC to develop its
refuelling business at Addis Ababa. NOC already has a significant presence in
the inland market in Ethiopia.

Nick Nigel, Market Development Manager, says: "I am delighted that we
have secured this important agreement with NOC and welcome the opportunity to
support the company in developing its refuelling business. It is particularly
pleasing that Q8Aviation was recommended to NOC by one of our existing
clients, Nile Bakri in Sudan, which suggests that we are building a strong
reputation for our expertise in this area of the world."

Tadesse Tilahun, Chief Executive Officer of NOC, comments: "NOC is
committed to expanding operations in Ethiopia and has been determined to
enter the aviation market since our inception in 2004. Our aim is to provide
greater competition and a superior level of customer service at Addis
Airport. Q8Aviation's highly respected expertise in fuel operations and in
building strong customer relationships will be invaluable in helping us to
achieve world-class operational standards and high customer satisfaction. We
look forward to a long and successful partnership."

Established in 2004, NOC is the fastest growing oil company operating in
Ethiopia, following reforms made by the Ethiopian Government to encourage
investment in the oil industry, which was formerly dominated by
multinationals. Ethiopia's aviation industry currently consumes 400 million
litres of fuel each year, a figure that is expected to at least double over
the next few years.

In addition to its core business of supplying jet fuel to airlines at
more than 60 airports around the world, Q8Aviation offers technical services
to organisations ranging from major oil companies to individual into-plane
operators. This business is expanding rapidly in Africa, where Q8Aviation has
established technical and sales services agreements with companies operating
at airports in Kenya, Tanzania and the Sudan.

For more information on Q8Aviation's technical services, please contact Debbie Valentine: debbievalentine at btinternet.com ; +44(0)1428-683616

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