Aéroports de Paris

Earnings Release • Jan 12, 2017

12 January 2017

Aéroports de Paris SA Traffic at Paris Aéroport up by 1.8% in 2016, at 97.2 million passengers

PRESS RELEASE

2016 Full Year traffic

Paris Aéroport handled a total of 97.2 million passengers in 2016, an increase of 1.8% compared to the previous year. Paris-Charles de Gaulle Airport welcomed 65.9 million passengers (+0.3%) and Paris-Orly Airport 31.3 million (+5.3%). Traffic increased by 1.5% over the 1 st half of the year and increased by 2.1% over the 2 nd half.

• International traffic (excluding Europe) was up slightly (+0.4%), with an increase in following destinations: French Overseas Territories (+4.8%), the Middle East (+3.6%), Latin America (+2.0%), Africa (+1.9%) and North America (+0.1%). Only Asia-Pacific were down (-6.7%) due notably to the decrease of traffic with Japan and Malaysia;
• European traffic (excluding France) was up (+3.4%) driven by the dynamism of low-cost carriers;
• Traffic within France was up (+1.1%);
• The number of connecting passengers has risen by 1.2%. The connecting rate stood at 23.9%, down by 0.1 points.

Passenger traffic at TAV Airports, 38%-owned by Groupe ADP, increased by 2.0%(1) in 2016, to 104.4 million passengers.

Passenger traffic at Santiago, 45%-owned by Groupe ADP, have risen by 11.3%, with 19.2 million passengers welcomed in 2016.

Traffic in December 2016

In December 2016, Paris Aéroport saw 7.7 million passengers, an increase of 8.8% compared to December 2015. 5.2 million passengers travelled through Paris-Charles de Gaulle Airport (+7.5%) and 2.5 million through Paris-Orly Airport (+11.5%).

As a reminder, the events that occurred in Paris and St Denis on 13 November 2015 impacted passenger traffic at the Paris airports, with a decrease in traffic of 2.8 % in December 2015 compared to December 2014.

• International traffic (excluding Europe) was up (+7.7%), in all the destinations: the Middle East (+14.6%), Africa (+9.7%), Asia-Pacific (+7.1%), Latin America (+6.6%), North America (+4.8%) and French Overseas Territories (+3.2%).
• European traffic (excluding France) was strongly up (+11.4%);
• Traffic within France was up (+5.6%);
• The number of connecting passengers increased by 1.5%. The connecting rate stood at 24.6%, down by 1.6 points compared to December 2015.

Passenger traffic at TAV Airports, 38%-owned by Groupe ADP, increased by 2.3% in December 2016.

Passenger traffic at Santiago, 45%-owned by Groupe ADP, have risen by 15.1% in December 2016.

Passengers	2016	% change 2016/2015	December 2016	% change 2016/2015
Paris-CDG	65,933,145	+0.3%	5,199,096	+7.5%
Paris-Orly	31,237,865	+5.3%	2,492,721	+11.5%
Total Paris Aéroport	97,171,010	+1.8%	7,691,817	+8.8%
Santiago de Chile	19,183,379	+11.3%	1,713,409	+15.1%
Istanbul Ataturk	60,119,215	-2.0%	4,480,263	-3.4%
Ankara Esenboga	13,042,977	+7.7%	1,087,054	+9.3%
Izmir	11,951,183	-1.9%	914,034	+3.0%
Milas Bodrum	3,224,436	-16.9%	82,489	+0.6%
Gazipaşa	742,620	-18.8%	24,513	-11.1%
Medina	6,572,787	+12.7%	646,083	+27.0%
Tunisia	1,593,780	+13.2%	43,301	+20.4%
Georgia	2,560,462	+23.9%	171,121	+32.5%
Macedonia	1,794,376	+15.0%	133,366	+6.4%
Zagreb(2)	2,766,087	+6.9%	187,051	+9.8%
Total TAV Airport(1)	104,367,923	+2.0%	7,769,275	+2.3%

(1) TAV Airports began operating the international terminal at Milas Bodrum Airport in October 2015. To be compliant with TAV Airports presentations, the % change presented above does not take into account traffic at this terminal for 2015. Taking into account traffic at the international terminal of Milas Bodrum, on a like-for-like basis for 2015, total TAV Airports passenger traffic would have risen by 0.5% since the beginning of the year.

(2) Groupe ADP and TAV Airports have,a shareholding of 21% and 15%, respectively, in Zagreb Airport. To be compliant with TAV Airports presentations, Zagreb Airport traffic figures are integrated into the TAV Airports group traffic figures

Aircraft Movements	2016	% change 2016/2015	December 2016	% change 2016/2015
Paris CDG	472,950	+0.8%	37,148	+0.7%
Paris Orly	234,453	+1.4%	18,090	+0.6%
Total Paris Aéroport	707,403	+1.0%	55,238	+0.7%
Santiago de Chile	125,751	+4.9%	11,289	+8.7%
Istanbul Ataturk	451,751	+1.1%	34,546	-4.4%
Ankara Esenboga	94,345	+7.4%	8,005	+12.0%
Izmir	80,022	+0.6%	6,170	+4.3%
Milas Bodrum	23,253	-11.5%	584	+1.7%
Gazipaşa	5,790	-9.8%	235	+5.4%
Medina	54,451	+11.1%	4,455	+7.0%
Tunisia	12,631	+3.3%	642	+38.7%
Georgia	27,788	+10.5%	2,154	+19.3%
Macedonia	16,883	+8.9%	1,214	-4.1%
Zagreb	40,796	+2.4%	2,848	+2.4%
Total TAV Airports(1)	807,710	+3.7%	60,853	+0.6%

(1) TAV Airports began operating the international terminal at Milas Bodrum Airport in October 2015. To be compliant with the TAV Airports presentations, the % change presented above does not take into account aircraft movements at this terminal for 2015. Taking into account aircraft movements at the international terminal of Milas Bodrum on a like-for-like basis for 2015, the total number of TAV Airports aircraft movements would have risen by 2.4% since the beginning of the year.

Geographic split Paris Aéroport (Paris-CDG & Paris-Orly)	2016 % change 2016/2015	Share of total traffic	December 2016 % change 2016/2015	Share of total traffic
France	+1.1%	16.8%	+5.6%	17.6%
Europe	+3.4%	43.9%	+11.4%	41.0%
Other International	+0.4%	39.3%	+7.7%	41.3%
Of which
Africa	+1.9%	11.0%	+9.7%	11.8%
North America	+0.1%	9.7%	+4.8%	9.1%
Latin America	+2.0%	3.2%	+6.6%	3.7%
Middle-East	+3.6%	4.9%	+14.6%	5.2%
Asia-Pacific	-6.7%	6.4%	+7.1%	6.7%
French Overseas Territories	+4.8%	4.1%	+3.2%	4.8%
Total Paris Aéroport	+1.8%	100 %	+8.8%	100 %

Paris Aéroport (Paris-CDG and Paris-Orly)	2016	% change 2016/2015	December 2016	% change 2016/2015
Connecting Passengers(1)	11,556,405	+1.2%	952,475	+1.5%
Connecting rate	+23.9%	-0.1pt	24.6%	-1.6pt
Seat load factor	83.8%	+0.9pt	84.8%	+6.2pt

(1) Departures passengers

Press contact: Elise Hermant, Medias and Reputation Department Manager +33 1 43 35 70 70 Investor Relations: Aurélie Cohen, Head of Investor Relations +33 1 74 25 70 64 - invest@adp.fr

Groupe ADP builds, develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2015, Paris Aéroport handled more than 95 million passengers and 2.2 million metric tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 55 million passengers in airports abroad through its subsidiary ADP Management. Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernising its terminal facilities and upgrading quality of services; the group also intends to develop its retail and real estate businesses. In 2015, Group revenue stood at €2,916 million and net income at €430 million.

Registered office: 291, boulevard Raspail, 75014 PARIS

Aéroports de Paris is a public limited company (Société Anonyme) with share capital of €296,881,806. Registered in the Paris Trade and Company Register under no. 552 016 628 RCS Paris groupeadp.fr