BRIEF-Fastjet, Kenyan airline Jetlink sign MoU to form JV

LONDON Mon Jan 28, 2013 6:23am EST

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LONDON Jan 28 (Reuters) - Fastjet PLC : * Mou with kenyan airline & press speculation * Fastjet and jetlink are working together to create a joint venture * Mou is subject to a number of conditions precedent including board and any

other necessary approvals * Joint venture to give a platform for the launch of the Fastjet brand in Kenya * Don Smith and his partners have been paid all amounts due to them, a total

sum of US$6.75M