Københavns Lufthavne

M&A Activity • Nov 16, 2012

Stock Exchange Announcement number 14/2012

Copenhagen, 16 November 2012

As stated in Stock Exchange Announcement no. 11/2012, Copenhagen Airports A/S
(CPH) signed an agreement on 26 October 2012 to sell its 49% interest in the
share capital of NIAL Group Ltd. (NIAL), the parent company of Newcastle
International Airport, to a fund managed by AMP Capital Investors Limited
(Purchaser).

The sale was subject to the refinancing of NIAL’s existing group facility and
new debt funding from LA7 and the Purchaser. These conditions have now been
fulfilled and accordingly the sale completed today.

CPH's profit before tax for the year will be positively impacted by the sales
transaction in the range of DKK 750-770 million The gain on the transaction has
been calculated based on today's official exchange rate of the Danish central
bank. The divestment of NIAL will be recognised in CPH’s financial statements
for Q4 2012.

A part of CPH's strategy since 2007 has been to focus its activities on the
operation and development of Copenhagen airports. This is also described in the
World Class Hub strategy, presented on 1 March 2012. The divestment of NIAL is
part of the realisation of this strategy.

The support services agreement between CPH's subsidiary Copenhagen Airports
International A/S and NIAL was discontinued on closing of the sale. CPH is
currently continuing to provide certain IT services to NIAL.

About AMP Capital

AMP Capital is a specialist investment manager with AUD 126.9 billion in funds
under management as at 30 June 2012 and more than 250 investment professionals.
AMP Capital is one of the most experienced global infrastructure investment
managers with more than 20 years' experience – and was one of the first to
invest in infrastructure when it participated in the financing of the Sydney
Harbour Tunnel in 1988.

AMP Capital today manages unlisted and listed infrastructure investments in
Asia, Europe, North America, Australia and New Zealand. AMP Capital is a
subsidiary of AMP Limited. Established in 1849, AMP has more than 160 years of
experience providing financial services and is one of Australia's largest
retail and corporate pension providers.

P.O. Box 74
Lufthavnsboulevarden 6
DK-2770 Kastrup
Contacts:
Lars Jønstrup Dollerup
CFO
Telephone: +45 3231 3231
Fax: +45 3231 3132
E-mail: cphweb@cph.dk
www.cph.dk
CVR no. 14 70 72 04