Malta International Airport Plc

Earnings Release • Mar 8, 2018

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results – February 2018

Date of Announcement 8 March 2018

Reference 275/2018

In terms of Chapter 5 of the Listing Rules

QUOTE

Ending with a total of 349,430 passenger movements, last month was Malta International Airport's busiest February to date.

Traffic for the month grew by a significant 18 per cent over the previous year, peaking on the 18th of February when the airport handled 15,189 passengers. Whilst all winter months so far have registered double-digit growth, February's increase was the strongest.

This was observed in parallel with an increase in both aircraft movements and seat capacity, which grew by 14 per cent and 15.5 per cent, respectively. Despite a significant addition in the number of available seats on flights to and from the airport, seat load factor (SLF) gained 1.6 percentage points to reach 78.5 per cent.

The top contributors to February's traffic were the United Kingdom (+16%), Italy (+14%), Germany (+7%), Belgium (-2%), and France (+19%), cumulatively accounting for 71 per cent of the total passenger movements recorded.

These markets, except for Belgium, registered varying levels of growth, stemming from a winter flight schedule offering better connections. The increase in passenger numbers from the United Kingdom and Italy can be mainly attributed to the launch of the Belfast, London Southend, Naples and Comiso routes.

On the other hand, traffic from Germany and France was boosted by better flight frequencies on the Munich and Paris Orly routes, respectively.

The publication of these positive traffic results follows Tuesday's announcement by Airports Council International that Malta International Airport had claimed the second place from among European counterparts in its Airport Service Quality awards.

Malta International Airport is now looking ahead to unveiling a new flight schedule with more than 100 destinations towards the end of March to coincide with the start of summer for the aviation industry.

UNQUOTE

Signed: Louis de Gabriele COMPANY SECRETARY

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 6 million passengers annually, as well as over 16,000 tonnes of cargo. The airport's existent terminal has been in operation for the past 26 years, during which time it has grown to support over 4,000 airport jobs, accommodate 45 retail and catering outlets, and provide parking for over 1,500 cars. In 2017, Malta International Airport ranked amongst the top five European airports in ACI's Airport Service Quality survey for the seventh consecutive year, and in 2016 it was awarded a prestigious 4-star rating 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).