Aéroports de Paris

Earnings Release • Jan 13, 2016

Press Release

13 January 2016

Aéroports de Paris

A record year with 95.4 million passengers handled in 2015

2015 traffic

Aéroports de Paris handled 95.4 million passengers in 2015, an increase of 3.0% compared to the previous year (92.7 million passengers in 2014) with 65.8 million passengers (+3.1%) at Paris-Charles de Gaulle Airport and 29.6 million passengers (+2.8%) at Paris-Orly Airport — a new record in passenger numbers for the two Paris airports.

Passenger traffic rose by 1.5% over the first half of 2015 and by 4.4% over the second half.

• International traffic (excluding Europe) was up (+3.4%), with growth in the following destinations: North America (+6.8%); the Middle East (+5.3%); Asia-Pacific (+4.4%); Latin America (+2.2%) and Africa (+0.8%). Only the French Overseas Territories were down slightly (-0.3%);
• European traffic (excluding France) was up (+3.5%);
• Traffic within France was up slightly (+0.8%);
• The number of connecting passengers increased by 5.7%. The connecting rate stood at 24.0% up by 0.6 points.

Passenger traffic at TAV Airports, 38%-owned by Aéroports de Paris, increased by 8.0% (1) in 2015.

Traffic in December 2015

In December 2015, Aéroports de Paris handled 7.1 million passengers, a decrease of 2.8% compared with December 2014. 4.8 million passengers travelled through Paris-Charles de Gaulle Airport (-3.4%) and 2.2 million through Paris-Orly Airport (-1.7%).

• International traffic (excluding Europe) was down slightly (-0.7%), with a growth in the French Overseas Territories (+4.7%) and North America (+3.4%) more than offset by the decrease in the other destinations: Asia-Pacific (-7.3%); Latin America (-2.9%); Africa (-1.4%), and the Middle East (-0.3%);
• European traffic (excluding France) was down (-4.1%), as was traffic within France (-4.8%);
• The number of connecting passengers decreased by 0.7%. The connecting rate stood at 26.2%, up by 0.4 points compared with December 2014.

Passenger traffic at TAV Airports, 38%-owned by Aéroports de Paris, increased by 8.9% in December 2015.

Passengers	2015	% change	Dec. 2015	% change
Paris-CDG	65,766,986	+3.1%	4,834,692	-3.4%
Paris-Orly	29,664,993	+2.8%	2,235,907	-1.7%
Total ADP	95,431,979	+3.0%	7,070,599	-2.8%
Istanbul Ataturk	61,322,729	+8.2%	4,629,516	+3.2%
Ankara Esenboga	12,326,869	+11.7%	1,210,120	+33.7%
Izmir	12,139,788	+10.7%	863,453	+7.5%
Milas Bodrum	3,877,603	+0.8%	82,043	+14.0%
Gazipaşa	915,046	+26.2%	27,977	+23.5%
Medinah	5,831,163	+2.2%	508,749	+22.3%
Tunisia	1,407,293	-57.8%	35,960	-48.8%
Georgia	2,066,268	+15.5%	129,158	+13.1%
Macedonia	1,560,381	+22.1%	125,326	+36.5%
Zagreb	2,587,798	+6.5%	170,402	+4.0%
Total TAV Airports(1)	102,488,496	+8.0%	7,782,704	+8.9%

(1) TAV Airports started to operate Milas Bodrum Airport in August 2014. To be compliant with TAV Airports' presentations, the % change presented above does not take into account Milas Bodrum for 2014. Taking into account Milas Bodrum traffic on a like-for-like basis for 2014, total TAV Airports passenger traffic would have risen by 6.4% over 2015.

Aircraft Movements	2015	% change	Dec. 2015	% change
Paris-CDG	469,338	+0.9%	36,874	+0.3%
Paris-Orly	231,114	+1.3%	17,974	-0.2%
Total ADP	700,452	+1.0%	54,848	+0.1%
Istanbul Ataturk	447,159	+6.5%	36,295	+4.4%
Ankara Esenboga	87,948	+7.1%	7,263	+10.5%
Izmir	79,880	+9.9%	5,990	+6.1%
Milas Bodrum	26,394	+0.3%	576	-5.6%
Gazipaşa	6,510	+23.4%	229	+6.0%
Medinah	49,031	+1.0%	4,164	+13.1%
Tunisia	12,229	-45.5%	463	-29.0%
Georgia	25,148	+5.6%	1,806	+5.2%
Macedonia	15,510	+11.0%	1,266	+23.8%
Zagreb	39,854	+3.9%	2,780	-3.2%
Total TAV Airports(1)	779,973	+6.2%	60,832	+5.3%

(1) TAV Airports has been operating Milas Bodrum Airport since August 2014. To be compliant with TAV Airports' presentations, the % change presented above does not take into account Milas Bodrum aircraft movements for 2014. Taking into account Milas Bodrum aircraft movements on a like-for-like basis for 2014, total TAV Airports aircraft movements would have risen by 4.8% over 2015.

Geographic split ADP	2015 % change	Share of total traffic	Dec. 2015 % change	Share of total traffic
France	+0.8%	17.0%	-4.8%	18.2%
Europe	+3.5%	43.2%	-4.1%	40.1%
Other International of which	+3.4%	39.8%	-0.7%	41.8%
Africa	+0.8%	11.0%	-1.4%	11.7%
North America	+6.8%	9.9%	+3.4%	9.4%
Latin America	+2.2%	3.2%	-2.9%	3.8%
Middle East	+5.3%	4.8%	-0.3%	4.9%
Asia/Pacific	+4.4%	7.0%	-7.3%	6.8%
French Overseas Territories	-0.3%	3.9%	+4.7%	5.1%
Total ADP	+3.0%	100 %	-2.8%	100 %

ADP	2015	% change	Dec. 2015	% change
Connecting passengers(1)	11,416,397	+5.7%	938,323	-0.7%
Connecting rate	24.0%	+0.6 pt	26.2%	+0.4 pt
Seat load factor	82.9%	+0.4 pt	78.7%	-2.6 pt

(1) Departing passengers

www.aeroportsdeparis.fr

Press contact: Elise Hermant, Opinion Department Manager +33 1 43 35 70 70 Investor Relations: Aurélie Cohen, Head of Investor Relations +33 1 43 35 70 58 - invest@adp.fr

Aéroports de Paris builds, develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2014, Aéroports de Paris handled around 93 million passengers and 2.2 million metric tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 41 million passengers in airports abroad. 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 2014, Group revenue stood at €2,791 million and net income at €402 million.

Registered office: 291, boulevard Raspail, 75014 Paris, France. 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.