Malta International Airport Plc

Earnings Release • Mar 7, 2019

COMPANY ANNOUNCEMENT

Malta International Airport plc (the "Company")

Traffic Results - February 2019

Date of Announcement 7 March 2019

Reference 298/2019

In terms of Chapter 5 of the Listing Rules

QUOTE

Last month was the second February which saw Malta International Airport surpass the 300,000 passenger mark. Totalling 359,395 passenger movements, total traffic for February grew by 2.9 per cent over February 2018.

This growth in passenger movements was registered alongside an increase of 8.9 per cent in aircraft movements and an improvement of 6.4 per cent in seat capacity. Measuring the occupancy of seats available on flights operated from Malta Airport, seat load factor (SLF) for February stood at 75.9 per cent.

Last month, the United Kingdom moved back to the top of the list of Malta International Airport's main drivers of passenger traffic, after having dropped a place in January. The UK market was followed by Italy, Germany, France, and Spain, which were cumulatively responsible for more than 60 per cent of all passenger movements recorded in February.

While the top three markets all registered a decrease ranging between -0.8 per cent and -5.5 per cent, France and Spain continued the growth trend observed at the beginning of the year into February. France posted growth of 15.6 per cent, partly stemming from developments such as the operation of the Bordeaux and Paris Beauvais routes during the winter season for the first time and better flight frequencies on the Paris Charles de Gaulle route.

On the other hand, a spike of 75.4 per cent was observed with regard to passenger movements from Spain, resulting from improved connections with this market throughout the winter season.

FEBRUARYIN NUMBERS

359,395 pax. movements	2,852 aircraft movements
Top Market United Kingdom (88,500 pax. movements)	Busiest Day 22.02.2019 (15,829 pax. movements)
Fastest-growing market in top 5 Spain (+75.4%)	Seat Capacity 473,851 available seats
Most popular airport London Gatwick (21,488 pax. movements)	Cargo & Mail 1,383 tonnes

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).