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Empresas y finanzas

Aéroports de Paris: Estimated 2008-2012 Investment Programme:


    Regulatory News:

    On 20 December 2007, the board of directors of Aéroports de Paris
    approved the estimated 2008-2012 investment programme pertaining to
    the Group´s regulated activities. The programme was first presented to
    the Economic Advisory Committee of the Paris-Charles de Gaulle and
    Paris-Orly airports on 19 December 2007.

    The investment programme for the next five years, which covers
    virtually all of the Group´s investments in its Paris-based airports,
    totals 2,464.4 million euros (2008 euros). It incorporates investments
    pertaining to real estate diversification activities through 2010(1).
    As of 2011, capacity investments will rise strongly due to the
    increase of the construction of satellite S4 at the Paris-Charles de
    Gaulle airport, which is stated to open in 2012. The annual breakdown
    of the estimated investment programme is as follows:

    -0-
    *T
    Investment in EUR m Total
    (2008 euros as of 2008-
    2008) 2006 2007 2008 2009 2010 2011 2012 2012
    ------------------- ----------- --------------------------------------
    Regulatory scope 640.9 693.2 494.6 478.5 459.4 562.0 469.9 2,464.4
    ------------------- ----------- --------------------------------------
    *T

    The estimated 2008-2012 investment programme covers:

    -- The opening of the terminal 2E passenger boarding area in
    March 2008 and the 2G regional terminal in September 2008 at
    the Paris-Charles de Gaulle airport, completing the
    installations of the CDG2 hub to meet the expected increase in
    passenger traffic,

    -- Construction of satellite S4, which is scheduled to open in
    third-quarter 2012. At this stage, the cost of the satellite
    is estimated at 500 million euros (2008 euros), excluding the
    baggage sorting system, for an estimated capacity of about 7.8
    million passengers,

    -- Renovation of the South terminal of the Paris-Orly airport
    (reconfiguration of international traffic flows), and the CDG
    2B and CDG1 terminals and satellites at the Paris-Charles de
    Gaulle airport,

    -- Ongoing efforts to adapt production facilities, to bring
    equipment and systems up to standard, improve the quality of
    passenger services and optimise existing facilities,

    -- The launch of a major real estate development programme for a
    total investment of over 250 million euros for the period
    2008-2012 (excluding real estate diversification activities
    after 2010), notably the extension of the FedEx base at the
    Paris-Charles de Gaulle airport and the new Coeur d´Orly
    business district,

    -- The work on construction of the extension of the East baggage
    sorting system (E-TBE)(2) which is stated to be delivered
    after 2012. Studies on this programme are in preparation and
    the start-up should happen in 2013.

    Through the 2008-2012 investment plan, the Group will continue to
    develop the passenger handling capacity of the Paris-Charles de Gaulle
    airport, whose capacity could exceed 80 million passengers by 2012.
    Over the next five years, the Group plans to increase capacity by 19.3
    million passengers, from the current level of 61.6 million
    passengers(3).

    Details of the investment programme as well as the presentation
    made to the Economic Advisory Committee of the Paris-Charles de Gaulle
    and Paris-Orly airports are available on the company´s website at:
    http://www.aeroportsdeparis.fr/Adp/en-GB/Groupe/Finance/Publications/
    AutresPresentations/. (Due to its length, this URL may need to be
    copied/pasted into your Internet browser´s address field. Remove the
    extra space if one exists.)

    Warning concerning forward-looking statements

    Forward-looking statements are included in the above press
    release. They are based on data, assumptions and estimates deemed
    sensible by Aéroports de Paris. They notably include information
    regarding the financial condition, results of operations and business
    of Aéroports de Paris. These forward-looking statements include risks,
    uncertainties and may be adversely affected by known or unknown
    factors, most of which cannot be controlled by Aéroports de Paris and
    cannot be easily predicted. A list of risk factors can be found in the
    reference document filed on April 27, 2007 with the French financial
    markets authority (AMF) under the number I. 07-036. They can lead to
    results substantially different from the information included in the
    forward-looking statements.

    Aéroports de Paris builds, develops and manages airports including
    Paris-Orly, Paris-Charles de Gaulle and Paris-Le Bourget. Aéroports de
    Paris is Europe´s second-largest airport services group in terms of
    airport revenues and the European leader for cargo and mail. Aéroports
    de Paris accommodates nearly 460 airlines, including the main
    companies in the air transport industry.

    With an exceptional geographic location and a major trading area,
    the Group´s strategy is to modernize its terminal facilities and
    upgrade the quality of services. It also intends to develop its retail
    and real estate business. In 2006, Aéroports de Paris Group had
    revenues of EUR 2,076.8 million, and handled 82.5 million passengers
    2006.

    www.aeroportsdeparis.fr

    (1) Current regulations call for real estate diversification
    activities to be removed from the regulatory scope as of 2011.

    (2) As planned, the E-TBE extension will be located under the
    Galerie Parisienne and the future S4 satellite.

    (3) Excluding La Galerie Parisienne, the existing terminal
    capacity was increased to 53 million passengers from 47.1 million
    through operational productivity gains. La Galerie Parisienne created
    additional capacity of 8.6 million passengers in 2007.