Pegasus Helicopter Group Plc

LONDON, September 14, 2011 - Further to the delisting from the plus market on 17 June 2011, the board of Pegasus Helicopter Group PLC is pleased to announce the final closing and receipt of the committed $2 million investment from the Kuwaiti holding company "Thimar." The investment is in the form of a note convertible into 28.6% of the shares outstanding after the transaction.