SKYW Skywest Air

TIDMSKYW

RNS Number : 1590A

Skywest Airlines Limited

15 March 2013

ASX: SXR

AIM: SKYW

15 March 2013

SKYWEST AIRLINES LTD.

("SKYWEST" OR THE "COMPANY")

NOTICE OF COURT HEARING

IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE

Originating Summons

No. 139 of 2013

In the Matter of Section 210 of the Companies Act (Chapter 50 of Singapore)

And

In the matter of SKYWEST AIRLINES LTD. (RC No. 199708548K)

SKYWEST AIRLINES LTD. (RC No. 199708548K)

... Applicant

Scheme of Arrangement under Section 210 of the Companies Act (Chapter 50 of Singapore)

Between

SKYWEST AIRLINES LTD.

And

SHAREHOLDERS

(as defined herein)

And

VAH NEWCO NO.2 PTY LTD

ADVERTISEMENT OF HEARING OF APPLICATION FOR APPROVAL BY COURT OF SCHEME OF ARRANGEMENT BETWEEN SKYWEST AIRLINES LTD. ("SKYWEST"), THE SKYWEST SHAREHOLDERS (THE "SHAREHOLDERS") AND VAH NEWCO NO.2 PTY LTD DATED 26 FEBRUARY 2013 (THE "SCHEME")

1. The Scheme was approved by the Shareholders present and voting (by person or by way of proxy) at the meeting of the Shareholders (the "Scheme Meeting") convened on 13 March 2013 for the purpose of considering, and if thought fit, approving the Scheme to be made pursuant to Section 210 of the Companies Act (Chapter 50 of Singapore) (the "Act"), between Skywest, the Shareholders and VAH Newco No.2 Pty Ltd.

2. In this respect, Skywest has made an application to the High Court of the Republic of Singapore (the "High Court") for the following orders:

(a) the Scheme approved at the Scheme Meeting be sanctioned and approved by the Honourable Court pursuant to Section 210(3) of the Act so as to be binding upon Skywest and on the Shareholders;

(b) the Scheme shall take effect in accordance with its terms upon a copy of the Order being lodged with the Registrar of Companies;

(c) that Skywest be at liberty to apply; and

(d) that such other orders as may be made providing such further and/or other relief as the Honourable Court deems fit.

3. If the High Court approves the Scheme, all Shareholders shall be bound by the terms of the Scheme regardless of how they voted at the Scheme Meeting.

4. NOTICE IS HEREBY GIVEN that, Skywest's application has been filed by way of Summons No. 139 of 2013 (the "Summons") in Originating Summons No. 139 of 2013 in the High Court and the High Court has directed that the application be heard on 26 March 2013 (Tuesday) at 10.00 a.m.

5. Any Shareholder who wishes to attend the hearing of the application should appear at the High Court at the time of the hearing by himself or his counsel for that purpose. A copy of the above Summons together with the supporting affidavit, will be furnished to that person on his request in writing to Skywest's solicitors at: 63 Market Street #02-01 Singapore 048942.

6. Shareholders who may wish to raise any issues in advance of the hearing are encouraged to contact Skywest and/or the solicitors for Skywest.

Skywest's address is, 510 Thomson Road #12-04 SLF Building Singapore 298135.

Skywest's solicitors are WongPartnership LLP of 63 Market Street #02-01 Singapore 048942.

Dated this 15(th) day of March 2013

Note: Any person who intends to appear on the hearing of the application should serve on or send by post to Skywest and/or the solicitors for Skywest, notice in writing of his intention to do so. The notice should state the name and address of the person, or if a firm, the name and address of the firm, and should be signed by the person, firm, or his or their solicitor (if any) and should be served, or, if posted, should be sent by post in sufficient time to reach the abovenamed not later than 12.00 p.m. of 21 March 2013.

WONGPARTNERSHIP LLP

SOLICITORS FOR SKYWEST

Enquiries:

Skywest Airlines Ltd

   Jeff Chatfield, Executive Chairman                                                   +65 97354151 

Nominated Adviser

   James Joyce, W H Ireland Limited                                                   0207 220 1666 

Company Stockbroker

W H Ireland Limited 0207 220 1670

Financial Public Relations

   Bishopsgate Communications                                                         0207 562 3350 

Nick Rome

skywest@bishopsgatecommunications.com

Websites

www.skywest.com.au

www.advent.com.sg

www.skywest.com.sg

This information is provided by RNS

The company news service from the London Stock Exchange

END

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