Aéroports de Paris

Earnings Release • Nov 13, 2014

13 November 2014

Press Release

Aéroports de Paris October 2014 traffic figures

In October 2014, Aéroports de Paris saw 8.2 million passengers; an increase of 4.4% on October 2013. 5.7 million passengers travelled through Paris-Charles de Gaulle (+4.5%) and 2.5 million through Paris-Orly (+4.0%).

• International traffic (excluding Europe) was up by 2.4%, with growth in the following destinations: the Middle East (+8.6%); Asia-Pacific (+7.2%); Latin America (+5.5%); and Africa (+0.7%). Two destinations were down: North America (-0.4%); and the French Overseas Territories (-4.5%);
• European traffic (excluding France) grew strongly (+7.8%);
• Traffic within France increased slightly (+0.7%);
• The number of connecting passengers fell slightly, by 0.1%. The connecting rate stood at 22.6%, down by 0.8 points.

Since the beginning of 2014, Aéroports de Paris passenger traffic remains up by 2.6%, with a total of 78.6 million passengers. The number of connecting passengers is down by 1.2%. The connecting rate stands at 22.9%, i.e. a decline of 0.9 points.

Passenger traffic at TAV Airports, 38%-owned by Aéroports de Paris, increased by 13.7% in October 2014 and has risen by 13.6%since the beginning of the year(1) .

Passengers	Oct. 2014	% change	Jan.-Oct. 2014	% change	Last 12 months	% change
Paris-CDG	5,636,191	+4.5%	54,119,131	+2.7%	63,490,982	+2.6%
Paris-Orly	2,530,593	+4.0%	24,471,909	+2.3%	28,821,530	+2.8%
Total ADP	8,166,784	+4.4%	78,591,040	+2.6%	92,312,512	+2.6%
Istanbul Ataturk	5,200,734	+12.8%	47,945,915	+10.6%	55,933,887	+10.7%
Ankara Esenboga	907,599	-5.2%	9,224,061	+0.8%	11,001,539	+3.5%
Izmir	944,747	+3.8%	9,288,930	+5.8%	10,719,316	+6.4%
Milas Bodrum(2)	160,465	N/A	1,865,936	N/A	1,993,998	N/A
Gazipaşa	74,459	N/A	677,753	N/A	731,884	N/A
Madinah	489,251	+15.3%	5,008,516	+25.1%	5,675,431	+20.4%
Tunisia	312,424	-15.6%	3,147,925	-3.0%	3,341,850	-2.7%
Georgia	151,891	+2.6%	1,551,372	+8.9%	1,769,748	+9.1%
Macedonia	109,811	+19.8%	1,098,636	+18.1%	1,235,483	+16.4%
Zagreb(3)	226,182	+8.4%	2,091,451	N/A	2,392,963	N/A
Total TAV Airports(1)	8,577,563	+13.7%	80,846,711	+13.6%	93,312,741	+13.3%

(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 October, by 9.5% since the beginning of 2014 and by 9.7% over the last 12 months.

(2) TAV Airports started to operate Milas Bodrum Airport in August 2014. Like for like, traffic rose by 15.6% in October 2014, and has risen by 15.9% since the beginning of 2014 and by 16.2% 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 4.6% since the beginning of 2014 and by 3.6% over the last 12 months.

Aircraft Movements	Oct. 2014	% change	Jan.-Oct. 2014	% change	Last 12 months	% change
Paris-CDG	40,504	-0.4%	392,439	-1.7%	465,758	-2.2%
Paris-Orly	20,227	+2.1%	192,456	-0.6%	228,585	-0.6%
Total ADP	60,731	+0.4%	584,895	-1.3%	694,162	-1.6%
Istanbul Ataturk	37,230	+8.3%	352,740	+9.4%	418,138	+9.9%
Ankara Esenboga	6,727	-10.1%	69,213	-2.6%	83,372	-0.1%
Izmir	6,584	+7.7%	62,779	+6.6%	73,918	+7.9%
Milas Bodrum(1)	1,451	N/A	14,398	N/A	15,392	N/A
Gazipaşa	554	N/A	4,909	N/A	5,240	N/A
Madinah	4,501	+8.5%	41,913	+24.4%	48,216	+20.1%
Tunisia	2,331	-25.2%	24,018	-13.1%	26,465	-11.0%
Georgia	1,936	-5.4%	20,384	+2.1%	23,928	+2.5%
Macedonia	1,243	+21.0%	11,902	+11.2%	13,580	+9.7%
Zagreb(2)	3,506	-2.7%	32,504	N/A	37,808	N/A
Total TAV Airports(3)	66,063	+12.9%	626,767	+14.6%	731,766	+14.3%

(1) TAV Airports started to operate Milas Bodrum Airport in August 2014. Like for like, aircraft movements rose by 27.5% in October 2014, and by 22.7% since the beginning of 2014 and by 18.9% 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 3.2% since the beginning of 2014 and by 4.2% 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 4.4% in October, by 7.2% since the beginning of 2014 and by 7.7% over the last 12 months.

Geographic split ADP	Oct. 2014 % change	Share of total traffic	Jan.-Oct. 2014 % change	Share of total traffic
France	+0.7%	17.8%	-2.5%	17.1%
Europe	+7.8%	44.0%	+5.0%	43.3%
Other International of which	+2.4%	38.1%	+2.3%	39.6%
Africa	+0.7%	10.9%	+1.3%	11.2%
North America	-0.4%	9.4%	+1.4%	9.7%
Latin America	+5.5%	2.9%	+1,5%	3.1%
Middle East	+8.6%	4.7%	+7.0%	4.7%
Asia/Pacific	+7.2%	7.0%	+3.1%	6.9%
French Overseas Territories	-4.5%	3.3%	+0.9%	4.0%
Total ADP	+4.4%	100%	+2.6%	100%
ADP	Oct. 2014	% change	Jan.-Oct. 2014	% change
Connecting passengers(1)	938,796	-0.1%	8,995,966	-1.2%
Connecting rate	22.6%	-0.8pt	22.9%	-0.9pt
Seat load factor	83.4%	+1.8pt	82,9%	+1.8pt

(1) Departing passengers

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.