Fraport Interim Report - Nine Months 2012: Positive Financial Figures for the First Three Quarters of the Year

Frankfurt (ots) - Profit Forecast Confirmed - Air Transportation
Industry Challenged by Changing Framework Conditions

FRA/rap> Fraport AG achieved revenue of EUR 1.85 billion during
the first three quarters of 2012 - up 3.5 percent or EUR 63.2 million
year-on-year. Group EBITDA (earnings before interest, tax,
depreciation and amortization) increased by 5.7 percent or EUR 36.8
million to EUR 683.1 million year-on-year. The Group result rose by
10.1 percent or EUR 22.8 million to a total of EUR 248.4 million
year-on-year. Correspondingly, basic earnings per share improved by
EUR 0.23 to EUR 2.57 (up 9.8 percent). Reflecting ongoing investments
at Frankfurt Airport (FRA), free cash flow was still negative at
minus EUR 76.3 million, compared to minus EUR 264.0 million in the
first nine months of 2011.

From January to September 2012, the number of passengers using
Frankfurt Airport climbed by 3.3 percent to 44.1 million - despite
3,350 strike-related flight cancellations during the months of
February, March, August and September. Across the Group's
consolidated airports, passenger traffic advanced overall by 3.4
percent to 78.2 million. Cargo throughput (airfreight and airmail)
fell at Frankfurt Airport by 8.1 percent to about 1.56 million metric
tons and dropped Group-wide by 7.3 percent to 1.74 million metric
tons year-on-year.

The lower cargo volume impacted, in particular, Fraport's Ground
Handling business segment. In the Retail and Real Estate segment "net
retail revenue per passenger" grew to EUR 3.12. This indicator is
expected to rise further due to the recent inauguration of the new
Pier A-Plus at Terminal 1, which offers space for some 60 shops and
restaurants. The External Activities and Services segment benefited
from good growth at the company's foreign operations, especially Lima
(LIM) and Antalya (AYT) airports. The Aviation segment generated more
revenue due to increased passenger figures and the development of
airport charges.

Ongoing investments - particularly FRA's new Runway Northwest -
resulted in higher depreciation and financing costs. Commenting at
the company's financial press conference today, Fraport AG executive
board chairman Dr. Stefan Schulte said: "Runway Northwest and the
construction of the new A-Plus terminal area are major projects that
have significantly enhanced the quality and reliability of our
intercontinental hub, - while providing FRA with the necessary
capacity growth reserves along with a noticeable improvement in
punctuality."

At the same time, Schulte stressed the growing difficulty of the
framework conditions for air transportation -- particularly in
Germany and Europe -- which are casting a cloud over the remaining
months of the year. While the decline in cargo tonnage will continue
to lessen, Fraport expects a decline in domestic and European
passenger flight movements for the Winter Timetable. Thus, FRA is
following the European-wide trend, whereby air traffic development on
the continent is being dampened by the European debt crisis and weak
economy. Furthermore, Schulte indicated that political decisions have
increased the cost pressure on airlines and airports: "It is
increasingly difficult for the aviation industry to compete
internationally due to unilateral national implementation of the air
transportation tax and the EU emissions trading scheme that has been
heavily criticized worldwide."

The Executive Board has not changed its outlook for full-year
2012. However, due to lower revenue from investments within the
foreign concessions, Group revenue will - contrary to previous
expectations - not exceed EUR 2.5 billion. Here, the organic revenue
generation remains unchanged. EBITDA is expected to advance by at
least five percent and the Group result is expected to remain at
approximately the same level as last year. Thus, Fraport is striving
to be able to recommend a stable dividend of EUR 1.25 per share at
the Annual General Meeting. Fraport continues to forecast passenger
growth of less than four percent at Frankfurt Airport - depending on
the actual course of the remaining months, this could be a growth
range of two to three percent.

Fraport AG's Interim Report as at September 30, 2012 (first nine
months), is available via our www.fraport.com under "Investor
Relations": Select "Reports & Releases" or "IR News".

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