Annual General Meeting 2012: Fraport CEO Schulte: FRA's New Runway Northwest Represents Important Milestone for the Future of the Region / Dividend Proposed to Remain at E1.25 per Share

Frankfurt (ots) - For Fraport AG's executive board chairman Dr.
Stefan Schulte, the year 2011 marks a decisive milestone in the
company's history. Speaking at Fraport AG's Annual General Meeting
(AGM) on Friday, May 11, 2012, in Frankfurt,-Höchst, Schulte said:
"With the opening of Frankfurt Airport's Runway Northwest, we have
laid the foundation for the future development of our company - while
creating sustainable growth opportunities for the city of Frankfurt
and the entire state of Hesse. The new runway finally provides us
with the necessary capacity gain to guarantee Hesse's and Germany's
long-term international connectivity."

Fraport's CEO could also present a positive operating result for
the year 2011: "With more than 56 million passengers at Frankfurt
Airport, we set a new record in 2011. This is an outstanding result,
particularly in view of the overall difficult economic environment
and the debt crisis in Europe," stressed Schulte. He also highlighted
two other successful operating results at Franfkurt Airport (FRA):
the excellent traffic punctuality rates and higher passenger
satisfaction, which markedly improved thanks to Fraport' "Great to
Have You Here!" service initiative.

"From a financial point of view, Fraport also performed well in
business year 2011," said Schulte commenting on the company's
results. The Fraport Group's revenue rose by eight percent to almost
E2.4 billion, while EBITDA (earnings before interest, tax,
depreciation and amortization) increased by about 13 percent to more
than E802 million. Adjusted for a base-year effect resulting from the
release of tax provisions, the underlying Group result improved by
about E60 million to E250.8 million. Schulte stressed Fraport's four
business segments all played a role in the company's positive
performance in 2011. As in previous years, Fraport's international
business in particular contributed to the overall positive result:
"Along with our Frankfurt Airport home base, Fraport's majority-
owned airports in Antalya (Turkey), Lima (Peru), Varna and Burgas
(Bulgaria) represent a particularly successful part of our portfolio
of international airports - allowing us to participate in attractive
and growing markets," explained Schulte. Thus, Fraport AG's executive
and supervisory boards will recommend to the shareholders a dividend
of E1.25 per share once again for fiscal year 2011.

Fraport's CEO also focused on the aircraft noise issue and the
ensuing protest action, pointing out that both the positive and
negative effects of Frankfurt Airport's expansion were two sides of
the same coin. On the one hand, the construction of the new runway
was in the public interest and a key factor for the prosperity of the
Frankfurt/Rhine-Main region and the state of Hesse, and for creating
thousands of new jobs. On the other hand, Schulte also confirmed his
commitment to implement further noise abatement measures as soon as
possible: "As a result of the airport's expansion, many residents
are now additionally and/or more affected by the impact of air
traffic - particularly those residents living in the approach flight
corridor of the new landing runway. For many, this is a difficult
situation and we take their concerns very seriously. Thus, it is our
duty to implement as a matter of urgency all "active" and "passive"
noise abatement measures agreed upon in the new 'Alliance for Noise
Protection 2012."

Equally clear, Schulte confirmed the need to ensure the aviation
industry's competitiveness in Germany and Europe: "The aviation
industry operates in an environment of intensified global
competition. Imposing ever-stricter conditions and restrictions on
airport companies, regarding the management of airport buildings and
operational facilities, will impair the competitiveness of our
industry as a whole. Likewise, the introduction of an air passenger
tax by a single state, or the launch of the emissions trading system
(ETS) by the European Union - if these policies are not sufficiently
coordinated, well in advance, within an international framework -
will have an equally negative effect on our industry's
competitiveness." Schulte also expressed his incomprehension at the
EU's latest draft resolution for a new regulation concerning slot
allocation at European airports and the ground handling market: "The
resolution ignores the reality of our industry and will lead to
additional wage pressure as well as inefficient utilization of key
infrastructures such as airports." Thus, Schulte called once again
for national and European policy makers to create a legislative
framework that supports the aviation industry's global
competitiveness: "As one of the top industries in Germany and Europe,
we connect the real economy (production sector) with the world, thus
securing employment and creating new jobs. We want to maintain this
commitment in the future as well," said Schulte.

For the year 2012, Fraport's CEO expects passenger growth at FRA
not to exceed four percent, mainly due to the constraints resulting
from strikes and the sluggish economy in many euro zone countries.
Fraport's revenue is expected to increase to more than E2.5 billion,
while EBITDA is forecast to grow by at least five percent. The Group
result is expected to remain at approximately the same level as in
2011.

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