Fraport Fiscal Year 2012: Fraport's 2012 Business Year Meets Expectations

Frankfurt, Germany (ots) -

- Growth in Passenger Traffic, Revenue and EBITDA
- Dividend of EUR 1.25 to Be Recommended Again
- Schulte Sees Challenging Framework Conditions for 2013

FRA/rap> The Fraport Group met expectations for the 2012 business
year by achieving growth in passenger traffic and positive
development of its key financial figures. A total of almost 100
million passengers - advancing 2.9 percent to 99.4 million passengers
- used Fraport's five majority-owned airports. At its Frankfurt
Airport home base (FRA), the number of passengers grew by 1.1 million
to 57.5 million in 2012, up 1.9 percent year-on-year. Revenue climbed
by EUR 70.8 million to EUR 2.44 billion, while Group EBITDA (earnings
before interest, tax, depreciation and amortization) rose by EUR 48.4
million to EUR 850.7 (up six percent). Major investment projects
completed recently - above all, the new Runway Northwest and A-Plus
terminal expansion - led to increased depreciation and financing
costs. As expected, the Group result before minority interest could
only be increased slightly by EUR 0.8 million to EUR 251.6 million
(up 0.3 percent year-on-year).

Commenting on the 2012 business year, Fraport AG's executive board
chairman Dr. Stefan Schulte said: "Overall, our company developed
well during the 2012 business year, and we met expectations. Compared
to many other German and European airports, Frankfurt Airport
performed well in a difficult environment - and gained more than one
million passengers. Thanks to the investments Fraport has made at
FRA, we have built a strong foundation for the future. This provides
us with the necessary growth reserves and secures our connectivity,
reliability and high service level for increasing our
competitiveness." A dividend of EUR 1.25 per share will again be
recommended at the upcoming Fraport AGM (Annual General Meeting) on
May 31, 2013.

Fraport's Retail and Real Estate business segment contributed to
the positive development of the company's financial figures,
particularly because of the growth in net retail revenue per
passenger at FRA. Benefiting from the inauguration of the A-Plus
terminal expansion with its 12,000 square meters of retail space,
this indicator rose from EUR 3.17 to EUR 3.32 per passenger in 2012.

In the Aviation business segment, the growth in passenger figures
and higher revenue from airport fees resulted in an increase in both
revenue and segment EBITDA. At the same time, depreciation and
financing costs have risen noticeably now that the new runway has
been operating for the entire year and because of the newly
inaugurated Pier A-Plus - thus resulting in a decline in the EBIT
(earnings before interest and tax).

The Ground Handling business segment registered a drop in revenue
and results compared to 2011, due to the decline in cargo and MTOWs
(maximum takeoff weights) - both particularly impacted by the
nighttime curfew at FRA as well as the difficult overall economic
situation. In the Group's most personnel-intensive business area, a
collective wage agreement in the public service visibly impacted
segment results, as seen in the form of increased labor costs.

Continuing favorable development of the Group's international
airport business led to positive results from the External Activities
and Services business segment. Along with its FRA home airport,
Fraport has a majority shareholding of at least 50 percent in four
international airports (Antalya in Turkey, Lima in Peru, Burgas and
Varna in Bulgaria), as well as minority stakes and management
contracts at eight other airports around the globe. Fraport's airport
portfolio is set to expand further.

Despite the satisfactory development during the last business
year, Schulte emphasized that the European air transport industry is
currently marked by economic and structural challenges: "The macro-
economic environment will also remain challenging in 2013. The
sector-specific burdens resulting from the planned European Emissions
Trading System (ETS) and the German air transportation tax have a
damping effect on aviation demand. This, in turn, leads to airlines
reducing their flight offerings. However, we essentially expect
stable passenger figures at Frankfurt Airport during the current
business year," explained Schulte.

In 2013, Fraport's CEO expects FRA's passenger volume to be at
about the same level as in the previous year, revenue to increase by
up to five per cent, and EBITDA to reach about EUR 870 million to EUR
890 million. The Group result is expected to be lower than for the
previous year, due to the continuing rise in depreciation and
financing costs.

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;
www.airportcarbonaccreditation.org