Aéroports de Paris

Earnings Release • May 17, 2016

17 May 2016

Aéroports de Paris SA

April 2016 traffic figures

In April 2016, Paris Aéroport welcomed 8.2 million passengers, an increase of 4.1% compared to April 2015. 5.5 million passengers travelled through Paris-Charles de Gaulle (+2.1%) and 2.7 million through Paris-Orly (+8.4%). As a reminder, in 2015, traffic was impacted by an air navigation strike on 8 and 10 April.

• International traffic (excluding Europe) was up by 1.3%, with a growth in the following destinations: the Middle East (+5.2%), Latin America (+5.1%), French Overseas Territories (+2.9%), Africa (+2.6%), North America (+1.2%). Only Asia-Pacific is down (-6.4%);
• European traffic (excluding France) was up (+6.6%);
• Traffic within France was up (+4.3%);
• The number of connecting passengers increased by 2.9%. The connecting rate raised to 21.7%, up by 0.2 points compared to April 2015.

Since the beginning of the year, Paris Aéroport passenger traffic grew by 2.5%, with a total of 29.2 million passengers. The number of connecting passengers has risen by 3.5%. The connecting rate raised to 25.2%, up by 0.4 point.

Passenger traffic at TAV Airports, 38%-owned by Groupe ADP, increased by 2.9%(1) in April 2016 and by 5.2%(1) since the beginning of the year.

Passenger traffic at Santiago, 45%-owned by Groupe ADP, increased by 8.9% in April 2016 and by 10.2% since the beginning of the year.

Passengers	April 2016	% change 2016/2015	Jan.-April 2016	% change 2016/2015	Last 12 months	% change 2016/2015
Paris-CDG	5,531,655	+2.1%	19,822,300	+1.5%	66,059,865	+3.2%
Paris-Orly	2,701,024	+8.4%	9,345,007	+4.8%	30,090,617	+4.0%
Total Paris Aéroport	8,232,679	+4.1%	29,167,307	+2.5%	96,150,482	+3.4%
Santiago de Chile	1,391,722	+8.9%	6,403,111	+10.2%	17,823,633	+8.9%
Istanbul Ataturk	5,104,219	+0.7%	18,860,352	+4.4%	62,116,807	+7.7%
Ankara Esenboga	1,065,917	+5.6%	4,028,015	+7.1%	12,592,921	+13.0%
Izmir	936,833	+0.7%	3,616,626	+6.1%	12,348,428	+9.7%
Milas Bodrum	153,820	+3.3%	408,041	+10.8%	3,917,362	+2.0%
Gazipaşa	49,380	-12.8%	133,149	+1.5%	916,960	+20.0%
Medina	586,159	+18.0%	2,236,312	+5.5%	5,947,013	+5.5%
Tunisia	94,250	-33.4%	249,391	-37.0%	1,260,694	-61.7%
Georgia	161,130	+20.8%	555,386	+20.1%	2,159,143	+18.3%
Macedonia	142,701	+28.2%	486,968	+28.3%	1,667,709	+24.2%
Zagreb	202,282	+2.3%	711,507	+5.3%	2,623,386	+5.6%
Total TAV Airports (1)	8,496,691	+2.9%	31,285,747	+5.2%	104,043,399	+7.6%

(1) TAV Airports started to operate the international terminal of Milas Bodrum Airport in October 2015. To be compliant with TAV Airports' presentations, the % change presented above does not take into account Milas Bodrum international terminal for 2015. Taking into account Milas Bodrum international terminal traffic on a like-for-like basis for 2015, total TAV Airports passenger traffic would have risen by 2.5% in April, by 5.1% since the beginning of the year and by 6.3% over the last 12 months.

Aircraft movements	April 2016	% change 2016/2015	Jan.- April 2016	% change 2016/2015	Last 12 months	% change 2016/2015
Paris-CDG	39,527	+3.8%	146,318	+1.2%	471,027	+1.9%
Paris-Orly	20,278	+6.4%	72,377	+1.3%	232,027	+1.9%
Total Paris Aéroport	59,805	+4.6%	218,695	+1.2%	703,054	+1.9%
Santiago de Chile	9,415	+1.3%	42,202	+4.0%	121,503	+2.5%
Istanbul Ataturk	37,525	+2.1%	144,037	+5.5%	454,633	+6.6%
Ankara Esenboga	7,610	+3.1%	30,118	+9.3%	90,504	+10.1%
Izmir	6,270	+2.2%	23,989	+6.3%	81,308	+9.4%
Milas Bodrum	1,164	+0.7%	2,909	+3.6%	26,495	+0.2%
Gazipaşa	405	-14.9%	1,090	+1.1%	6,522	+15.4%
Medina	4,470	+13.1%	17,741	+8.3%	50,396	+5.2%
Tunisia	1,071	-0.4%	2,975	-9.5%	11,916	-45.6%
Georgia	1,910	+5.6%	6,690	+2.7%	25,324	+7.2%
Macedonia	1,320	+16.4%	4,785	+15.4%	16,149	+12.3%
Zagreb	3,284	-7.6%	12,190	-1.7%	39,644	+0.5%
Total TAV Airports(1)	65,029	+3.0%	246,524	+5.8%	793,493	+6.4%

(1) TAV Airports started to operate the international terminal of Milas Bodrum Airport in October 2015. To be compliant with TAV Airports' presentations, the % change presented above does not take into account Milas Bodrum international terminal for 2015. Taking into account Milas Bodrum international terminal on a like-for-like basis for 2015, total TAV Airports aircraft movements would have risen by 2.5% in April, by 5.7% since the beginning of the year 2016 and by 5.3% over the last 12 months.

Geographic split Paris Aéroport	April 2016 % change 2016/2015	Share of total traffic	Jan.-April 2016 % change 2016/2015	Share of total traffic
France	+4.3%	16.9%	+1.0%	17.4%
Europe	+6.6%	44.7%	+3.9%	42.1%
Other International	+1.3%	38.3%	+1.8%	40.5%
Of witch
Africa	+2.6%	10.9%	+2.7%	11.3%
North America	+1.2%	9.1%	+3.6%	8.6%
Latin America	+5.1%	3.1%	+2.8%	3.8%
Middle-East	+5.2%	5.0%	+4.5%	5.1%
Asia-Pacific	-6.4%	6.1%	-6.4%	6.8%
French Overseas Territories	+2.9%	4.0%	+5.8%	4.8%
Total Paris Aéroport	+4.1%	100 %	+2.5%	100 %
Paris Aéroport	April 2016	% change 2016/2015	Jan.- April 2016	% change 2016/2015
Connecting Passagers(1)	903,496	+2.9%	3,669,323	+3.5%
Connecting rate	21.7%	+0.2 pt	25.2%	+0.4 pt

(1) Departures passengers

Press contact: Elise Hermant, Opinion Department Manager +33 1 43 35 70 70 Investor Relations: Aurélie Cohen, Head of Investor Relations +33 1 43 35 70 58 - invest@adp.fr

Groupe ADP builds, develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2015, Aéroports de Paris handled more than 95 million passengers and 2.2 million metric tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 55 million passengers in airports abroad through its subsidiary ADP Management. Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernising its terminal facilities and upgrading quality of services; the group also intends to develop its retail and real estate businesses. In 2015, Group revenue stood at €2,916 million and net income at €430 million.

Seat load factor 84.5% +0.8 pt 82.0% +1.3 pt

Registered office: 291, boulevard Raspail, 75014 PARIS.

Aéroports de Paris is a public limited company (Société Anonyme) with share capital of €296,881,806.

Registered in the Paris Trade and Company Register under no. 552 016 628 RCS Paris groupeadp.fr