Aéroports de Paris

Earnings Release • Jun 15, 2012

Paris, 15 June 2012

Aéroports de Paris May 2012 traffic figures

In May 2012, Aéroports de Paris passenger traffic decreased slightly by 0.6% compared to May 2011, with a total of 7.6 million passengers handled including 5.3 million at Paris-Charles de Gaulle (-0.1%) and 2.3 million at Paris-Orly (-1.8%).

• International traffic (excluding Europe) increased slightly by 0.5% with good performance in Asia-Pacific +5.1% ; The Middle East +4.9% ; Africa +4.2% and Latin America +2.1%. In contrast, the French Overseas Departments and Territories decreased by 6.4% and North America by -5.4%, following a sharp reduction in capacity of flights offered by some airlines.
• European traffic (excluding France) was almost stable (+0.1%).
• Traffic within France decreased by 4.6%. The presidential elections and the presence of bank holidays in midweek have "blocked" some leisure traffic. Traffic has also been affected by tough comparable base from last year as traffic was up by 4.4% in May 2011.
• The number of connecting passengers was down by 4.8%. The connecting rate decrease by 0.5 point at 22.5%.

Since the beginning of the year, passenger traffic increased by 2.2 % with a total of 34.8 million passengers handled. The number of connecting passengers was up 6.0%, resulting in a connecting rate of 24.5% up by 0.9 point.

Passengers	May 2012	% change	Jan-May 2012	% change	Last 12 months	% change
Paris-CDG	5,286,761	-0.1%	24,131,196	+3.0%	61,674,764	+3.3%
Paris-Orly	2,319,366	-1.8%	10,705,567	+0.4 %	27,183,580	+3.7%
Total ADP	7,606,127	- 0.6%	34,836,763	+2.2 %	88,858,344	+3.4%
Istanbul Ataturk	3,787,486	+20.3%	16,525,104	+21.4%	40,371,456	+20.4%
Ankara Esenboga	777,174	+11.1%	3,652,976	+9.4%	8,835,197	+6.9%
Izmir(1)	815,283	NS	3,359,670	NS	8,794,401	NS
Tunisia	260,774	+57.6%	669,456	+51.3%	2,526,398	- 27.8%
Georgia	107,757	+19.0%	453,589	+25.3%	1,282,525	+28.0%
Macedonia	75,479	+13.7%	314,854	+19.9%	890,425	+17.7%
Total TAV Airports	5,824,424	+32.7%	25,005,649	+33.6%	59,042,536	+19.7%

(1) TAV started to serve domestic passengers on January 2012. Like-for-like, traffic is up by 8.2% in May 2012, by 8.1% on January to May 2012 and by 10.7% over the last 12 months.

Aircraft Movements	May 2012	% change	Jan-May 2012	% change	Last 12 Months	% change
Paris-CDG	42,419	- 4.0%	200,112	- 2.7%	501,256	-0.3%
Paris-Orly	19,953	+0.4%	92,636	-1.4%	227,207	+1.6%
Total ADP	62,372	-3.5%	292,748	-2.3%	728,463	+0.3%
Istanbul Ataturk	29,489	+16.6%	133,250	+15.9%	324,100	+15.2%
Ankara Esenboga	6,343	+7.6%	29,983	+6.9%	74,190	+8.6%
Izmir(1)	5,974	NS	24,480	NS	64,253	NS
Tunisia	2,377	+49.5%	7,057	+34.8%	22,627	-21.6%
Georgia	1,938	+10.6%	8,562	+8.3%	23,770	+17.0%
Macedonia	915	-15.4%	4,268	+2.4%	11,976	-1.6%
Total TAV Airports	47,036	+26.2%	207,600	+25.4%	493,153	+15.3%

(1) TAV started to serve domestic passengers at Izmir Airport on January 2012. Like-for-like, aircraft movements are up by 6.0% in May 2012, by 5.0% on January to May and by 7.0% on the last 12 months

Geographic split ADP	May 2012 % change	May share of traffic	Jan-May 2012 % change	Jan-May share of traffic
France	- 4.6%	18.7%	-1.3%	18.7%
Europe	+0.1%	45.3%	+2.2%	42.1%
Other International of which	+0.5 %	36.0%	+4.0%	39.2%
Africa	+4.2 %	10.1%	+2.6%	11.1%
North America	- 5.4%	9.8%	+1.9%	8.9%
Latin America	+2.1 %	2.7%	+4.9%	3.7%
Middle East	+4.9 %	4.1%	+5.4%	4.5%
Asia/Pacific	+5.1%	6.2%	+5.5%	6.7%
French Overseas Territories	- 6.4%	3.1 %	+7.3%	4.3%
Total ADP	- 0.6%	100,0 %	+2.2%	100,0 %

ADP	May 2012	% change	Jan-May 2012	% change
Connecting passengers(1)	830,808	-4.8%	4,234,785	+6.0%
Connecting rate	22.5%	-0.5 pt	24.5%	+0.9 pt
Seat load factor	79.9%	+3.4 pts	77.4%	+3.6 pts

(1) Departing passengers

Aéroports de Paris

Registered office: 291, boulevard Raspail, 75014 Paris

A French limited company (Société Anonyme) with share capital of €296,881,806 552 016 628 RCS Paris

Press contact: Christine d'Argentré + 33 1 43 35 70 70 – Investor Relations: Florence Dalon + 33 1 43 35 70 58

Aéroports de Paris builds, develops and manages airports including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2011, Aéroports de Paris handled more than 88 million passengers and almost 2.5 million tons of freight and mail in Paris and 40 million passengers in airports abroad.

With an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernizing its terminal facilities and upgrading quality of services, and also intends to develop its retail and real estate business. In 2011, the group revenue stood at €2,502 million and the net income at €348 million.