NEW YORK, September 26 /PRNewswire/ --

SilverJet, the startup UK all business service airline, is being sued for 
damages in a multimillion dollar lawsuit. The case was filed by C First Class 
Corp., a US holding company, in the United States Federal District Court of 
the Southern District of New York. Multiple counts against SilverJet include 
tortious interference and unjust enrichment claims.

According to the complaint, C First Class Corp. held an executed contract
with air carrier FlyJet Limited of the UK for the use of a dedicated
767-200ER aircraft and operation of an international charter programme.
( www.flyfirstclass.biz )

In November 2006, SilverJet acquired FlyJet Limited. The purpose for
SilverJet's acquisition, was to take control of the 767 aircraft contracted
to C First Class, crucial if SilverJet was to be operational in time for the
company's launch date deadline of Jan. 25, 2007 and to satisfy goals promised
to investors and shareholders. SilverJet subsequently appropriated the
dedicated 767 aircraft for its own purposes including a deposit of US$750,000
in direct violation and malicious disregard of all C First Class rights.

Shortly thereafter, the dedicated C First Class 767 aircraft served as
SilverJet's launch aircraft for international flights between London, Luton
and New York, Newark airports and continues to provide essential service and
profit for SilverJet on those routes.

"SilverJet had agreed to provide alternative 767 ER aircraft, a break up
fee of US$1 million and additional compensation to mitigate and ameliorate
the harm done to C First Class Corp. but has not honoured their agreement,"
said spokesperson Gabrielle Griswold for C First Class. "The filing of our
lawsuit is in direct response to the dismissive and arrogant attitude of
SilverJet leadership, their obvious disregard in honouring commitments."

Companies listed and traded on the London Stock exchange, in compliance
with AIM Rule 26, must disclose all relevant information that could impact
share value. Yet " SilverJet has not made any disclosures regarding this
matter," confirmed C First Class.

C First Class Corp. a US company, has filed a multimillion dollar lawsuit
for damages against startup, all business class SilverJet Airlines in New
York Federal Court. The lawsuit includes charges of Unjust Enrichment,
Tortiuous Interference with a Business Relationship and Tortiuous
Interference with Contract. SilverJet appropriated the use of 767 aircraft,
key to the successful launch and continued operation of their international
service, without agreement and in direct violation of existing rights of C
First Class Corp.

For additional information please refer to case Number 07 CIV 6371 filed
in United States District Court of the Southern District of New York.