Fraport Consortium Wins Tender for 14 Greek Regional Airports

Frankfurt (ots) - Fraport-Copelouzos to Manage Concession for 40
Years - 14 Airports Including Thessaloniki, Chania (Crete), Kerkyra
(Corfu), Kos, Rhodes and Others - Some 19 Million Passengers Annually

Fraport AG Frankfurt Airport Services Worldwide and its partner
Copelouzos Group have been selected as preferred investor for a
40-year operating concession by the Hellenic Republic Assets
Development Fund (HRADF) for 14 regional airports in Greece:
including Aktio, Chania (Crete), Kavala, Kefalonia, Kerkyra (Corfu),
Kos, Mitilini, Mykonos, Rhodes, Samos, Santorini, Skiathos,
Thessaloniki - Greece's second largest city - and Zakynthos.
Combined, these airports served a total of about 19.1 million
passengers in 2013. The total purchase price of 1,234 million euros
will be paid by the time of closing, expected in the autumn of 2015.
Fraport AG will hold a majority share in the consortium.

Against strong international competition, Fraport and Copelouzos
delivered a convincing bid to win the privatization tender for these
Greek airports. Fraport AG's executive board chairman Dr. Stefan
Schulte expressed satisfaction with this latest new expansion of the
company's international portfolio: "The Greek regional airports add
another airport investment with dynamic development potential. The
choice for Fraport underscores our position as a leading global
airport manager. Our extensive know-how gained over many decades will
contribute to expanding and strengthening the competitive position of
the Greek regional airports."

As new owner, the Fraport/Copelouzos consortium will be
responsible for maintaining, operating, managing, upgrading and
developing the 14 gateways of international tourism until 2055. The
mainland airports include Aktio (PVK), Kavala (KVA) and Thessaloniki
(SKG). The remaining eleven are located on the Greek islands of
Corfu/Kerkyra (CFU), Crete/Chania (CHQ), Kefalonia (EFL), Kos (KGS),
Mitilini (MJT), Mykonos (JMK), Rhodes (RHO), Samos (KGS), Santorini
(JTR), Skiathos (JSI) and Zakynthos (ZTH).

The founder and chairman of Copelouzos Group, Dimitris Copelouzos,
stressed the project's importance at the local, national and
international level: "Modernization of the airports will allow us,
via reliable and safer transportation services, to further enhance
Greek tourism continuously - thus empowering competitiveness of the
local and national economies and generating new jobs. Our goal is to
create airport gateways that meet the growing needs and expectations
of the Greek people as well as visitors from around the globe."