Aéroports de Paris

Earnings Release • Dec 15, 2014

15 December 2014

Press Release

Aéroports de Paris November 2014 traffic figures

In November 2014, Aéroports de Paris saw 6.8 million passengers; an increase of 2.0% on November 2013. 4.7 million passengers travelled through Paris-Charles de Gaulle (+2.8%) and 2.1 million through Paris-Orly (+0.2%).

• International traffic (excluding Europe) was down slightly, by 0.2%, with a decrease in the following destinations: the French Overseas Territories (-6.6%) and Africa (-3.4%). By contrast, others destinations continued to show growth: the Middle East (+3.7%), Latin America (+3.0%), Asia-Pacific (+2.0%) and North America (+1.8%);
• European traffic (excluding France) grew strongly (+5.7%);
• Traffic within France was down (-1.0%);
• The number of connecting passengers increased by 2.4%. The connecting rate stood at 25.7%, down by 0.2 points.

Since the beginning of 2014, Aéroports de Paris passenger traffic is up by 2.5%, with a total of 85.4 million passengers. The number of connecting passengers is down by 0.9%. The connecting rate stands at 23.1%, i.e. a decline of 0.8 points.

Passenger traffic at TAV Airports, 38%-owned by Aéroports de Paris, increased by 12.4% in November 2014 and has risen by 13.5%since the beginning of the year(1) .

Passengers	Nov. 2014	% change	Jan.-Nov. 2014	% change	Last 12 months	% change
Paris-CDG	4,687,230	+2.8%	58,806,361	+2.7%	63,619,650	+2.8%
Paris-Orly	2,113,119	+0.2%	26,585,028	+2.1%	28,825,510	+2.5%
Total ADP	6,800,349	+2.0%	85,391,389	+2.5%	92,445,160	+2.7%
Istanbul Ataturk	4,532,617	+12.8%	52,478,532	+10.8%	56,446,923	+11.0%
Ankara Esenboga	880,790	-3.4%	10,104,851	+0.4%	10,970,943	+1.7%
Izmir	841,476	+13.7%	10,130,406	+6.4%	10,820,567	+6.6%
Milas Bodrum(2)	78,902	N/A	1,944,838	N/A	2,006,895	N/A
Gazipaşa	25,835	N/A	703,588	N/A	741,529	N/A
Madinah	278,865	-22.6%	5,287,381	+21.2%	5,594,126	+22.7%
Tunisia	113,560	-4.4%	3,262,215	-3.0%	3,337,414	-2.9%
Georgia	122,863	10.6%	1,674,360	+9.1%	1,781,636	+9.1%
Macedonia	87,895	+21.2%	1,186,531	+18.3%	1,250,830	+16.9%
Zagreb(3)	175,692	+15.8%	2,267,143	N/A	2,416,895	N/A
Total TAV Airports(1)	7,138,495	+12.4%	87,986,061	+13.5%	94,102,165	+13.6%

(1) Aéroports de Paris and TAV started to operate Zagreb Airport in December 2013 and 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 Zagreb and Milas Bodrum traffic figures for 2013. Taking into account Zagreb and Milas Bodrum traffic on a like-for-like basis for 2013, total TAV Airports passenger traffic would have risen by 8.7% in November 2014, by 9.5% since the beginning of 2014 and by 9.8% over the last 12 months.

(2) TAV Airports started to operate Milas Bodrum Airport in August 2014. Like for like, traffic rose by 19.6% in November 2014, and has risen by 16.0% since the beginning of 2014 and by 16.3% over the last 12 months.

(3) Aéroports de Paris and TAV started to operate Zagreb Airport in December 2013. Like for like, traffic has risen by 5.4% since the beginning of 2014 and by 5.3% over the last 12 months.

Aircraft Movements	Nov. 2014	% change	Jan.-Nov. 2014	% change	Last 12 months	% change
Paris-CDG	35,971	-1.0%	428,410	-1.6%	465,223	-1.8%
Paris-Orly	17,566	-2.9%	210,022	-0.8%	228,061	-0.8%
Total ADP	53,537	-1.6%	638,432	-1.3%	693,284	-1.5%
Istanbul Ataturk	34,283	+9.0%	387,023	+9.3%	420,975	+9.9%
Ankara Esenboga	6,448	-9.7%	75,661	-3.3%	82,678	-2.1%
Izmir	5,593	+8.6%	68,372	+6.7%	74,361	+8.1%
Milas Bodrum(1)	625	N/A	15,023	N/A	15,522	N/A
Gazipaşa	222	N/A	5,131	N/A	5,345	N/A
Madinah	2,954	-10.5%	44,867	+21.3%	47,868	+22.5%
Tunisia	1,435	+1.1%	25,683	-11.6%	26,710	-10.7%
Georgia	1,704	-4.9%	22,088	+1.5%	23,840	+1.7%
Macedonia	1,044	+20.7%	12,946	+11.9%	13,759	+10.8%
Zagreb(2)	2,974	+13.9%	35,478	N/A	38,172	N/A
Total TAV Airports(3)	57,282	+11.8%	684,279	+14.4%	738,044	+14.7%

(1) TAV Airports started to operate Milas Bodrum Airport in August 2014. Like for like, aircraft movements rose by 28.9% in November 2014, and by 22.9% since the beginning of 2014 and by 21.0% over the last 12 months.

(2) Aéroports de Paris and TAV started to operate Zagreb Airport in December 2013. Like for like, aircraft movements have fallen by 2.0% since the beginning of 2014 and by 2.2% over the last 12 months.

(3) To be compliant with TAV Airports' presentations, the % change presented above does not take into account Zagreb and Milas Bodrum aircraft movements for 2013. Taking into account Zagreb and Milas Bodrum aircraft movements on a like-for-like basis for 2013, total TAV Airports aircraft movements would have risen by 5.4% in November, by 7.1% since the beginning of 2014 and by 7.7% over the last 12 months.

Nov. 2014 % change	Share of total traffic	Jan.-Nov. 2014 % change	Share of total traffic
-1.0%	19.1%	-2.4%	17.2%
+5.7%	41.8%	+5.1%	43.2%
-0.2%	39.1%	+2.1%	39.6%
-3.4%	11.2%	+0.9%	11.2%
+1.8%	8.3%	+1.5%	9.6%
+3.0%	3.6%	+1,6%	3.2%
+3.7%	4.7%	+6.8%	4.7%
+2.0%	7.4%	+3.0%	6.9%
-6.6%	3.9%	+0.3%	4.0%
+2.0%	100%	+2.5%	100%
Nov. 2014	% change		% change
860,957	+2.4%	9,856,923	-0.9%
25.7%	-0.2pt	23.1%	-0.8pt
78.7%	+1.3pt	82.6%	+1.8pt
			Jan.-Nov. 2014

www.aeroportsdeparis.fr

Press contact: Elise Hermant, Opinion Department Manager +33 1 43 35 70 70

Investor Relations: Vincent Bouchery, Investor Relations Manager +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 2013, Aéroports de Paris handled more than 90 million passengers and 2.2 million tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and 43 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 2013, Group revenue stood at €2,754 million and net income at €305 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.