Malta International Airport Plc

Earnings Release • Nov 8, 2012

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Announces Traffic Results – October 2012

Date of Announcement 8 November 2012

Reference 139/2012

In terms of Chapter 5 of the Listing Rules

Passenger movements at Malta Airport in October reached 348,711, i.e. the highest number ever registered in October. The increase in passenger movements, when compared to the same month last year, is equivalent to an increase of 0.6%. Seat capacity in the same month was of 435,542 or 1.2% more than that of October 2011.

In October, aircraft movements decreased by 0.6% over the corresponding period last year, whilst the average seat load factor decreased marginally by 0.4 PPD, and stood at 80.1%. The maximum take-off weight (MTOW) increased by 0.6% with a total of 219,445 tonnes, whilst cargo and mail was 26.5% less than that recorded during the same month in 2011.

The German market had a significant decrease of 26.7%, whereas the Spanish market registered a decrease of 7.3%. On the other hand, the Italian, UK and French markets registered increases of 5.9%, 5.6% and 2.5% respectively.

January – October 2012

The results for the first 10 months of the year, in terms of passenger movements, therefore show an increase of 3.7% when compared to the same period last year, totalling 3,245,545 passenger movements. Once again, this positive result was mainly brought about by the increase in the average seat load factor which stands at 2.4 PPD, and this is more noteworthy when one considers that the number of aircraft movements has more or less remained the same with an increase of 0.2% over the same period last year.

Updated Forecast

With the closing of the Summer Schedule (Apr-Oct), the Company is now in a position to update its forecast for passenger traffic for 2012 from an increase of 1.5% announced in July 2012 to approximately 3%, which means reaching the record of more than 3.6 million passengers.

Overview

	1 Jan - 31 Oct 2012	% Change*	1 Oct – 31 Oct 2012	% Change*
Passenger Movements	3,245,545	3.7%	348,711	0.6%
Aircraft Movements	24,834	0.2%	2,596	-0.6%
Cargo and Mail (in tonnes)	13,945	4.0%	1,220	-26.5%
Seat Capacity	4,108,379	0.5%	435,542	1.2%
Seat Load Factor	79.0%	2.4 PPD	80.1%	-0.4 PPD
MTOW (in tonnes)	2,067,544	1.4%	219,455	0.6%

Top Destinations (by Country)

Country	1 Jan - 31 Oct 2012	% Change*	1 Oct – 31 Oct 2012	% Change*
UNITED KINGDOM	975,042	1.8%	117,774	5.6%
ITALY	538,816	-1.2%	52,941	5.9%
GERMANY	472,304	3.1%	45,896	-26.7%
FRANCE	191,529	5.2%	17,608	2.5%
SPAIN	163,120	-0.1%	13,189	-7.3%

Top Destinations (by Airport)

Airport	1 Jan - 31 Oct 2012	% Change*	1 Oct – 31 Oct 2012	% Change*
LONDON - GATWICK	219,499	-11.2%	25,529	-13.9%
FRANKFURT	186,261	2.5%	20,047	-13.2%
ROME - FIUMICINO	172,866	-10.5%	16,388	-8.4%
LONDON - HEATHROW	161,174	-5.6%	17,857	0.0%
MANCHESTER	146,853	-1.6%	18,283	0.5%

*Compared to same period for 2011

Note: With the exception of cargo and mail and MTOW, all figures relate to scheduled & non-scheduled movements, excluding General Aviation.

For further information on traffic results, log on to www.maltairport.com or contact the MIA PR & Corporate Communications Department on 2369 6288.

__________________

Louis de Gabriele Company Secretary