Flughafen Wien AG

M&A Activity • May 2, 2007

News Details

Corporate | 2 May 2007 16:45

Flughafen Wien AG acquires stake in Bodensee-Airport Friedrichshafen

Flughafen Wien AG / Alliance

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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The evaluation of a possible acquisition was announced at the start of
the year, and now the results are official: Flughafen Wien AG will acquire
a stake in Flughafen Friedrichshafen GmbH in connection with a capital
increase. The contract was signed this afternoon at a ceremony in
Friedrichshafen, after the cartel authorities in Germany and Austria had
approved the transaction.

Flughafen Wien AG (FWAG) will invest EUR 7.5 million for a 25.15% stake in
Flughafen Friedrichshafen GmbH, and thereby become the largest single
shareholder in the fourth largest regional airport in Germany. Public
authorities still hold the majority of shares: the district of
Bodenseekreis and the city of Friedrichshafen each own 14.38%, the province
of Baden-Württemberg 12.44% and Technische Werke Friedrichshafen GmbH
8.92%. The remaining shares are held by ZF Friedrichshafen AG,
Luftschiffbau Zeppelin GmbH, IHK Bodensee-Oberschwaben, Dornier GmbH and
MTU Friedrichshafen GmbH.

Hans Weiss, Managing Director of Flughafen Friedrichshafen GmbH, expressed
his satisfaction with the development and outcome of negotiations: 'Our
discussions were very efficient and constructive – only six months passed
from the first contact to the signing of the agreement.' For Flughafen Wien
AG, the investment in Bodensee-Airport Friedrichshafen represents a
strategic step with significant potential, indicated Herbert Kaufmann,
member and speaker of the Management Board. 'Two-digit growth rates, a
dynamic local economy and an attractive tourism region provide an excellent
foundation for this investment', commented Kaufmann. After Malta and
Kosice, Friedrichshafen is the third international investment acquired by
FWAG.

Bodensee-Airport Friedrichshafen:

Bodensee-Airport Friedrichshafen is located at the crossroads of Germany,
Austria and Switzerland, and offers direct flights to 29 destinations and
indirect connections to 180 cities. More than 650,000 passengers used the
airport in 2006, with 63.3% taking scheduled flights and 32.5% using the
charter offering. The high technical standards also make it possible to
continue flights under low visibility or poor weather conditions (CAT
IIIb).

More information is available under www.fly-away.de

Vienna International Airport:

Vienna International Airport is located 16 km southeast of the Austrian
capital of Vienna, and has established a position as an attractive hub to
Western and Eastern Europe. In 2006 64 scheduled airlines included Vienna
in their flight plans to a total of 176 destinations throughout the world.
Vienna International Airport handled nearly 16.9 million passengers on a
total of 237,490 take-offs and landings during the past year, and was also
able to expand its position as an east-west hub for European air travel.
Vienna ranks among the leading airports in Europe with 45 destinations
across Eastern Europe, and profited from an 8.0% increase in the number of
passengers travelling to this region in 2006.

FWAG acquired 66% of the shares in Kosice Airport, the second largest
airport in Slovakia, together with the TwoOne Consortium in October 2006.
In addition, FWAG holds an investment of 10.1% in Malta Airport through a
wholly owned subsidiary as well as a 40% stake through the MMLC Consortium,
in which FWAG owns a share of 57%.

Robert Dusek
Investor Relations
Tel: +43-1-7007/23126

DGAP 02.05.2007

Language: English
Issuer: Flughafen Wien AG
Postfach 1
1300 Wien-Flughafen Österreich
Phone: +43-1-7007/23126
Fax: +43-1-7007/23058
E-mail: r.dusek@viennaairport.com
www: www.viennaairport.com
ISIN: AT0000911805
WKN: 884216
Indices: ATX
Listed: Amtlicher Markt in Wien; Freiverkehr in Berlin-Bremen,
Stuttgart, München; Open Market in Frankfurt; Foreign
Exchange(s) London

End of News DGAP News-Service

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