Malta International Airport Plc

Earnings Release • Nov 8, 2017

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – October 2017

Date of Announcement 08 November 2017

Reference 266/2017

In terms of Chapter 5 of the Listing Rules

QUOTE

Malta International Airport closed off summer, which stretches from April until the end of October for the aviation industry, with 4,249,321 passenger movements. This translates into an increase of more than 600,000 passenger movements over the same comparable period in 2016.

Growth in passenger numbers in the summer months was observed in parallel with an upturn of 13.3 per cent in aircraft movements and an increase of 16.1 per cent in seat capacity, mainly stemming from an enhanced flight schedule for the season. Moreover, at 85.0 per cent, seat load factor (SLF) for the seven-month period remained unchanged from last year.

"Last summer was our busiest yet on more levels than one. Apart from our ongoing Terminal Reconfiguration Project, we hosted over 4 million passengers in a span of seven months, which highlights the fastest rate ever at which traffic through our airport has grown. Having recently launched our winter schedule, our traffic development team, together with the Malta Tourism Authority, is looking ahead to next summer, with a number of interesting developments already in sight," said MIA CEO Alan Borg.

The top drivers of passenger traffic to Malta International Airport were the United Kingdom, Italy, Germany, France, and Spain. Growing by 9.6 per cent over last year, the UK accounted for 1,025,055 passengers, which is almost a quarter of the airport's total traffic for summer. The other four markets all registered double-digit growth ranging between 14.0 per cent and 32.5 per cent, with Spain's increase being the most noteworthy.

Having welcomed over 5.2 million passengers for the year to date, the airport's focus has now shifted to achieving the best results for winter. On the last weekend of October, the airport unveiled its new winter schedule featuring 66 destinations, five of which are new.

Traffic through Malta International Airport in October grew by 15.4 per cent to reach 596,648 passenger movements, on the back of a 14.7 per cent increase in aircraft movements and a 16.4 per cent increase in seat capacity.

SUMMARY OF RESULTS

	October	October	%	Summer	Summer	%	YTD 2017	YTD 2016	%
	2017	2016	growth	2017	2016	growth	(Jan. –	(Jan. –	growth
				(April – Oct.)	(April – Oct.)		Oct.)	Oct.)
Passenger	596,648	517,085	15.4	4,249,321	3,633,409	17.0	5,231,276	4,437,269	17.9
Movements
Aircraft	4,121	3,593	14.7	29,260	25,831	13.3	36,942	32,253	14.5
Movements
Seat	707,275	607,635	16.4	5,002,421	4,308,461	16.1	6,288,438	5,337,635	17.8
Capacity

UNQUOTE

Signed: Louis de Gabriele COMPANY SECRETARY

Note Some changes in data collection have come into effect as from January 2017, with the numbers reported being marginally different to those reported in previous years. This, however, does not have a material impact on our reported results. If further details are required, kindly contact the Marketing & Brand Development team via communications@maltairport.com.

About Malta International Airport

Malta International Airport is the only airport serving the Maltese islands, connecting the tiny island state to more than 80 destinations through over 30 partner airlines. With 97% of all Malta's tourists flying through it, the airport handles more than 5 million passengers and over 15,000 tonnes of freight annually. 2017 marks the terminal's 25th anniversary, during which time it has grown to support over 4,000 airport jobs, accommodate 45 retail and catering outlets and parking for over 1,500 cars. MIA's commitment to service excellence has landed it among the top five European airports in ACI's Airport Service Quality survey since 2010, as well as a 4-star rating awarded by Skytrax. Malta International Airport owns SkyParks Business Centre, an eco-certified building that provides nearly 10,000m² of office space and 4,000m² of retail and amenities. To maximise its contribution to Malta's cultural heritage and environment, Malta International Airport set up the Malta Airport Foundation in 2015, an independently run, non-profit organisation.

For more information, visit www.maltairport.com. Alternatively, follow us on Facebook (facebook.com/maltairport).