Flughafen Wien AG

Governance Information • Jan 12, 2006

News Details

Corporate | 12 January 2006 08:30

Flughafen Wien AG: Cooperation between Vienna International Airport and Bratis

Corporate-news transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Cooperation between Vienna International Airport and Bratislava will permit optimal development of the market. The “Airport TwoOne” consortium, which is comprised of Flughafen Wien Aktiengesellschaft, Raiffeisen Zentralbank Österreich AG (RZB) and Penta Investment Limited, is optimistic that it will win the tender for partial privatisation of 66% of the Bratislava and Kosice Airports after a recommendation to this effect was made by Slovakian Transportation Minister Pavol Prokopovic. A final decision by the Slovakian government is still outstanding. Flughafen Wien AG sees substantial opportunities for the commercial development of Vienna and Bratislava Airports based on the strong impulses for growth that are inherent in the Vienna-Lower Austria-Bratislava region. The number of passengers in this area is forecasted to grow from roughly 17 million today to nearly 30 million in 2015. The consortium, in which Flughafen Wien AG holds over 50% of the voting rights, has offered 6 billion SKK (EUR 154 mill.) for the investment in Bratislava Airport and 900 million SKK (EUR 24 mill.) for the stake in Kosice Airport. A further 7.9 billion SKK (EUR 203 mill.) have been promised as a capital contribution for expansion at Bratislava Airport and 380 million SKK (EUR 10 mill.) for Kosice Airport. The expansion programme for Bratislava Airport calls for investments totalling 9.37 billion SKK (EUR 240 mill.) during the first five years and covers 22 projects. The highest priority will be given to the expansion of the existing terminal, renovation of the runways, construction of a new General Aviation Centre, increase in parking space and addition of another terminal. The expansion programme for Kosice Airport calls for investments totalling 415.6 million SKK (EUR 11 mill.) during the first five years. For additional information contact: Robert Dusek Tel.:01 7007 23126 Michael Fazekas Tel.:01 7007 22361 Flughafen Wien AG P.O. Box 1 – A-1300 Wien-Flughafen E-mail: r.dusek@viennaairport.com; m.fazekas@viennaairport.com End of announcement (c)DGAP 12.01.2006 —————————————————————————— WKN: 091180; ISIN: AT0000911805; Index: ATX Listed: Amtlicher Handel in Wien; Open Market in Frankfurt; Freiverkehr in Berlin-Bremen, Hamburg, München, Stuttgart; London