euro adhoc: Fraport AG Frankfurt Airport Services Worldwide / other / Fraport AG receives EUR 41.9 million under German investment guarantee program for its Manila investments

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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16.04.2008

The German government agreed today (April 16, 2008) to pay Fraport AG
EUR 41.9 million under the federal government´s investment guarantee
for capital investments outside Germany. Fraport AG had concluded
such a guarantee contract as protection against political risks for
its equity investment made in the Manila project. The amount can be
increased, when specific requirements are met, by a further EUR 3.9
million - and is being made with a conditional payback provision,
oriented on the outcome of the legal proceedings. Furthermore, the
payment is subject to Fraport AG´s acceptance of payout conditions.
This payment is expected to occur in three months.

The impact of this payment on Fraport AG´s financial results is
currently being examined.

In addition to this payment, Fraport AG is pursuing further claims
that are not covered by the federal government´s investment
guarantee. Fraport AG and the joint-venture company in the
Philippines are pursuing their compensation claims against the
Philippine government at national and international courts.

Fraport AG already made a complete write-down on its financial
investment in the Manila terminal project in fiscal years 2001 and
2002, and received a first payment of approximately EUR 27 million in
2006.

end of announcement euro adhoc
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ots Originaltext: Fraport AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Stefan J. Rüter

Telefon: +49(0)69 690-74840

E-Mail: s.rueter@fraport.de

Branche: Transport
ISIN: DE0005773303
WKN: 577330
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade