Fraport to Sell Partial Stake in Thalita Trading Ltd. to Qatar Investment Authority

Frankfurt (ots) - Additional partner strengthens Pulkovo Airport
consortium / Fraport retains role as "Airport Operator"

Today, Fraport AG Frankfurt Airport Services Worldwide (Fraport
AG) and its consortium partners at Pulkovo Airport reached an
agreement to sell part of their shares in Thalita Trading Ltd.
(Thalita) to Qatar Investment Authority (QIA). Thalita is the parent
company of Northern Capital Gateway LLC consortium, which has the
30-year concession for operating Pulkovo Airport (LED) in St.
Petersburg, Russia. Fraport will be reducing its stake in Thalita by
10.5 percent from 35.5 percent to 25 percent. Based on the current
book value, Fraport expects profit from the transaction to range
between 30 and 40 million euros - which in its total sum will impact
the Group EBITDA, EBIT and EBT for the 2016 business year and will
positively influence the Group result. The transaction closing is
expected to be completed in the second half of 2016.

Decreasing its shareholding will not affect Fraport's role as
"airport operator" in the consortium. It is planned that QIA will
also be able to acquire shares from the other consortial partners for
a total stake of 24.99 percent in Thalita.

Fraport AG executive board chairman Dr. Stefan Schulte stated:
"Pulkovo Airport has developed well since the operating concession
started. In selling part of our stake, we are realizing value
enhancement while maintaining our role in the consortium.
Furthermore, this agreement with the renowned global financier Qatar
Investment Authority will broaden the shareholder base of our
consortium and strengthen Pulkovo Airport to meet the challenges and
opportunities of the future. Despite the current difficulties in
Russia, we continue to regard this as an attractive market."

Since the Northern Capital Gateway consortium started operations,
passenger traffic at LED has risen from 8.4 million in 2010 to 13.5
million in 2015. Pulkovo Airport has also been receiving more new
airlines and routes in recent months. The successful on-time and
on-budget implementation of new terminal facilities in 2013 has
greatly enhanced Pulkovo's capacity, service quality, as well as the
role of St. Petersburg as Russia's second largest metropolis and as a
leading international business and tourist destination. The enlarged
consortium will be able to leverage and build upon the milestones
already achieved at Pulkovo Airport.

Fraport AG - which ranks among the world's leading companies in
the global airport business - offers a full range of integrated
airport management services and boasts subsidiaries and investments
on three continents. The Fraport Group generated sales of EUR2.6
billion and profit of about EUR297 million in 2015. In 2015, some 111
million passengers used airports around the world in which Fraport
has more than a 50 percent stake. In its Mission Statement, Fraport
places the focus on customers. The Group's commitment to ensuring a
"good trip" to all passengers and travelers is also reflected in the
corporate slogan: "Gute Reise! We make it happen". This commitment
applies to all of Fraport's business activities and services both at
Germany's largest aviation hub in Frankfurt and the Group's airports
worldwide.

At its Frankfurt Airport (FRA) home base, Fraport welcomed more
than 61 million passengers and handled about 2.1 million metric tons
of cargo (airfreight and airmail) in 2015. For the current summer
timetable, FRA is served by 95 passenger airlines flying to 290
destinations in some 100 countries worldwide. Half of FRA's
destinations are intercontinental (beyond Europe) - underscoring
Frankfurt's role as a leading hub in the global air transportation
system. In Europe, Frankfurt Airport ranks second in terms of cargo
tonnage and is the fourth busiest for passenger traffic. With about
59 percent of all passengers using Frankfurt as a connecting hub, FRA
also has the highest transfer rate among the major European hubs.

Frankfurt Airport City has become Germany's largest job complex at
a single location, employing more than 80,000 people at some 500
companies and organizations on site. Almost half of Germany's
population lives within a 200-kilometer radius of the FRA intermodal
travel hub - the largest airport catchment area in Europe. FRA
Airport City also serves as a magnet for other companies located
throughout the economically vital Frankfurt/Rhine-Main-Neckar region.
Thanks to synergies associated with the region's dynamic industries,
networked expertise, and outstanding intermodal transportation
infrastructure, FRA's world route network enables Hesse's and
Germany's export-oriented businesses to flourish in global growth
markets. Likewise, FRA is a strategic gateway for companies wanting
to access the huge European marketplace. Thus, Frankfurt Airport -
which is strategically located in the heart of Europe - is one of the
most important hubs in the global logistics chain.

Print-quality photos of Fraport AG and Frankfurt Airport are
available for free downloading via the photo library located in our
Press Center on the Fraport Web site. For TV news and information
broadcasting purposes only, we also offer free footage material for
downloading. If you wish to meet a member of our press team when at
Frankfurt Aiport, please do not hesitate to contact us.

Contact:
Fraport AG
Robert Payne
Press Office
Corporate Communications
60547 Frankfurt, Germany
Telephone: +49 69 690-78547
E-mail: r.payne@fraport.de
Internet: www.fraport.com
Facebook: www.facebook.com/FrankfurtAirport