Malta International Airport Plc

Management Reports • May 18, 2012

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Interim Directors' Statement

Date of Announcement	18 May 2012
Reference	128/2012
In terms of Chapter 5 of the Listing Rules	LR 5.86-5.88

The Company hereby announces that during the financial year commencing on 1st January 2012 and the date of this Announcement, no material events and /or transactions have taken place that would have an impact on the financial position of the Company, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules, and which have not been otherwise announced through a company announcement.

During the period under review, the financial position of the Company has remained sound and the performance has been in line with projected results. In the first quarter of the year the passenger movements were down by 4.7% when compared to those of the previous year. However, passenger movements showed an increase in April 2012 of 1.4% bringing the total passenger movements for the first four months of the year to 2.6% less than the amount for the same period last year. This is largely in line with the forecast for 2012. The number of passengers expected to make use of the facilities at Malta International Airport during 2012 will be between 2 to 3% less than those of last year.

In the meantime, the new Sky Parks Business Centre is in its last phases of completion after a delay of six months from the original target date. The building will be inaugurated in the second week of July 2012 and the first tenants should be moving in to the new building by that date.

Subject to any unforeseen circumstances, the Directors expect the Company's financial results for the year will be within the projections made at the beginning of the year.

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Louis de Gabriele Company Secretary