Annual General Meeting 2013 / Fraport's Fiscal Year 2012 Met Expectations in a Challenging Environment

Frankfurt (ots) -

- Dividend Proposed to Remain at EUR 1.25 per Share
- Fraport CEO Schulte: "New Pier A-Plus Is Milestone for
Enhancing the Passenger Experience and Making Transfers Easier"

Speaking at Fraport AG's 12th Annual General Meeting (AGM) on
Friday, May 31, in Frankfurt-Höchst, Fraport AG executive board
chairman Dr. Stefan Schulte reported that fiscal year 2012 met
expectations despite challenging times for the air transportation
industry. "The ongoing European debt crisis, along with business and
consumer uncertainty, influenced air travel demand. This caused
airlines to reduce services from their flight schedules.
Nevertheless, Frankfurt Airport (FRA) maintained its position in
terms of growing passenger numbers compared to other European
airports. Also on the financial side, we met the expectations
forecast in 2012," stressed Schulte.

Fraport's majority-owned airports served almost 100 million
passengers in 2012, an increase of 2.9 percent or 2.8 million
passengers year-on-year. At Fraport's Frankfurt home base, passenger
numbers grew by 1.1 million to 57.5 million (up 1.9 percent). Schulte
also presented positive financial results for 2012. Fraport's revenue
rose by three percent to EUR 2.4 billion, while EBITDA (earnings
before interest, tax, depreciation and amortization) climbed by six
percent to EUR 850.7 million.

As expected, Fraport's Group result of EUR 251.6 million (up 0.3
percent) reached the same level as in 2011 - due to large investments
at FRA and the resulting depreciation and financing costs. Schulte
explained: "We are implementing a comprehensive program for expanding
the capacity of Frankfurt Airport. The new Runway Northwest and
A-Plus terminal expansion, as well as our future Terminal 3 project,
are initiatives that are preparing FRA to meet the expected growth in
air traffic."

Hence, Schulte reiterated the expectations of the Fraport
executive board: The traffic volume at Germany's biggest airport will
continue to climb in the medium term. "From time to time, aviation
has experienced temporary traffic downturns. But history also shows
that these consolidation phases are followed by a resurgent stronger
industry. All forecasts indicate that the worldwide demand for
mobility in the air transportation industry will continue to grow."
Regarding construction of Terminal 3, Schulte added: "We will provide
new passenger facilities when our customers need them - which will
probably start around 2020. Thus, we are planning to commence
construction of Terminal 3 in 2015."

Fraport's CEO emphasized the inauguration of FRA's new A-Plus
terminal expansion, calling it a milestone for enhancing the
passenger experience and making transfers easer. The Frankfurt
Airport company invested some EUR 700 million for the new pier and
its corresponding aircraft apron area. Opened in October 2012, Pier
A-Plus has been well received by passengers and the airlines. Overall
passenger satisfaction at FRA has increased steadily since 2010,
which Schulte says can also be attributed to Fraport's "Great to Have
You Here!" quality service program.

Skytrax, the renowned market research institute, recently honored
Frankfurt Airport with its "World's Most Improved Airport" award. On
behalf of the entire executive board, Schulte thanked all Fraport
employees for their dedication and excellence, which made it possible
for FRA to receive this prestigious Skytrax award.

In his AGM presentation, Schulte also talked about measures being
taken to reduce noise emissions around Frankfurt Airport. In 2012,
the Alliance for More Noise Abatement - founded by major aviation
partners at FRA along with the Hessian State government - launched a
series of outstanding measures which are unprecedented in Europe. To
date, 10 out of 19 of the Alliance's active noise abatement measures
have already been implemented, so that people living close to
Frankfurt Airport are less affected by aircraft noise. "Our goal is
to achieve a reasonable balance between the economic requirements of
our region and the quality of life for residents. Therefore, we
regard our commitment to noise abatement as an ongoing
responsibility, which we will continue working on intensively,"
stressed Schulte.

For the 2013 business year, Fraport anticipates passenger traffic
at FRA to remain at about the same level as last year. For the
Group's other majority-owned airports outside of Frankfurt, Fraport
expects passenger growth to continue. Fraport forecasts Group EBITDA
to be between EUR 870 million and EUR 890 million and the Group
result to be below the previous year's level.

Fraport AG's executive and supervisory boards will recommend to
the shareholders a dividend of EUR 1.25 per share once again for
fiscal year 2012.

For Further Information, Please Contact:
Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne, B.A.A. - International Spokesman and Head of
International Press/PR & External Activities Team, Press Office
(UKM-PS), Corporate Communications, 60547 Frankfurt, Germany; Tel.:
+49 69.690.78547; E-mail: r.payne@fraport.de; Internet:
www.fraport.com