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Fraport AG

Fraport AG Holds First Regular Annual General Meeting on June 26

Frankfurt, Germany (ots)

Fraport AG will host its first regular
Annual General Meeting (AGM) tomorrow at the Jahrhunderthalle in
Frankfurt-Hoechst. Over 450 employees of Fraport AG will be welcoming
the company's shareholders and guests at this major event. The AGM
begins at 10:00 in the morning; with admittance from 8:00.
Roland Koch, prime minister of the state of Hesse and chairman of
Fraport AG's Supervisory Board, will be heading the AGM. At 10:00, he
will welcome shareholders, guests and journalists in the
Jahrhunderthalle. Fraport's executive board chairman, Dr. Wilhelm
Bender, will present Fraport's fiscal year 2001 results as well as an
overview of the airport company's development during the current
year. This will be followed by an open debate of the items on the AGM
agenda. The speeches of Roland Koch and Dr. Wilhelm Bender will be
broadcast (in German) on the Internet at:
http://streaming.fraport.com.
On Wednesday June 26, shareholders can travel to the AGM via
public transit; their shareholders' invitation also serves as a valid
ticket for the Rhine-Main Regional Transit Authority (RMV). Shuttle
buses will be running between the nearby Hoechst train station
(northern side) and the Jahrhunderthalle all day on Wednesday. AGM
participants have to go through an intensive security check - just
like at the airport - when entering the Jahrhunderthalle.
Fraport AG - the owner and operator of Germany's biggest airport
(FRA) - is the country's first airport management company to become
listed on the stock exchange. In 2001, Fraport achieved revenues of
almost Euro 1.6 billion and a consolidated profit of Euro 101.1
million. The company's Executive Board and Supervisory Board will
recommend a dividend of Euro 0.40 per share to the shareholders.
Before Fraport AG's initial public offering (IPO) on June 11,
2001, the company was wholly owned by government shareholders (City
of Frankfurt, State of Hesse and Federal Republic of Germany). After
the IPO, private and institutional investors in Germany and other
countries (including 56 percent of Fraport's staff who participated
in the employee share program before the IPO) joined the three
government shareholders. Ownership of Fraport AG's shares is now
divided as follows: the State of Hesse holds 32.1 percent, the City
of Frankfurt 20.5 percent, the Federal Republic of Germany 18.4
percent and private/institutional investors 29.0 percent.

Contact:

Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne
Manager International Press
60547 Frankfurt am Main, Germany
Tel. +49/69/690/78547
Fax +49/69/690/60548
mailto:r.payne@fraport.de
Internet: http://www.fraport.com

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