Malta International Airport Plc

Earnings Release • Feb 20, 2019

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Announces approval of Financial Statements and Dividend Proposal

Date of Announcement	20 February 2019
Reference	297/2019
In terms of Chapter 5 of the Listing Rules	LR 5.16.4, 5.16.21

QUOTE

Following the meeting of the Board of Directors held today, Malta International Airport plc announced that the Company's profits for the year ended 31st December 2018 increased from €24.2 million to €30.3 million.

Increases in revenues were registered by both the Company's aviation and non-aviation activities. Group revenues for the year were €92,191,719 up from €82,369,154 in 2017. Aviation revenues, which grew by 11.1% to total €65.5 million, are largely attributable to an increase of 13.2% in traffic, which reached a new all-time high of 6,808,177 passenger movements in 2018.

With an increase of 14.1% to reach €26.7 million, the Company's non-aviation activities also delivered positive results, in line with its corporate strategy. A positive trend was registered across most of the revenue streams within the retail and property portfolio, with particularly noteworthy contributions from the airport's retail outlets and SkyParks Business Centre. Within this portfolio, the Company's VIP products registered the biggest increase over 2017 (+36.3%).

The Earnings before Interest, Taxation, Depreciation and Amortisation (EBITDA) of the Group increased from €48.6 million to €54.4 million.

At the said meeting the Board of Directors approved the financial statements for the financial year ended 31st December 2018. These statements can be viewed on the Company's web portal: https://www.maltairport.com/corporate/investors/financial-results/.

Further to the net interim dividend of €0.030 per share (gross €0.046) paid, the Board of Directors is recommending the payment of a final net dividend of €0.090 per share (gross €0.138) on all shares settled as at close of business on Monday 15th April 2019, payable by not later than Wednesday 29th May 2019.

Finally, the Directors have also scheduled the Annual General Meeting of the Company for Wednesday 15th May 2019. Shareholders on the register of members at the Central Securities Depository as at close of business on Monday 15th April 2019 shall be eligible to receive notice, attend, and vote at the Annual General Meeting and to receive a copy of the Annual Report.

UNQUOTE

Signed: Louis de Gabriele COMPANY SECRETARY

About Malta International Airport

Malta International Airport connects the Maltese archipelago to over 100 destinations in more than 30 countries. Being Malta's only air terminal, the airport hosts more than six million passengers annually, of which the majority are inbound tourists. To be able to cater for an ever-increasing number of passengers, the company has consistently invested in the terminal since the airport's privatisation in 2002, with the Terminal Reconfiguration Project set to be completed in 2018 bringing about the most recent overhaul. The airport campus itself has grown to provide over 1,500 parking spaces, and 14,000m² of office and retail space housed within SkyParks Business Centre, with projects in the offing set to bring about further expansion. The airport team is guided by a vision of service excellence, which has landed MIA among the top five airports in ACI's prestigious Airport Service Quality Awards for the past nine years. To maximise its contribution to Malta's cultural heritage and environment, MIA set up the Malta Airport Foundation, an independently run non-profit organisation, which will be unveiling three projects in 2018.

Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholders being the Malta Mediterranean Link Consortium (40%), with Flughafen Wien AG owning a 96% share, the Government of Malta (20%), the general public (29.9%), and VIE Malta Limited (10.1%).

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