Airport Charges at FRA: Fraport and Airlines Reach Agreement

FRANKFURT, Germany, February 19, 2010 - Fraport AG and airline representatives have agreed on the
development of airport charges at Frankfurt Airport (FRA) during the years
2012 to 2015. A corresponding agreement was signed today by representatives
of Fraport AG, the airlines and airline associations.

"We have reached an agreement which will provide planning
security on both sides for the next six years. The airlines need this
security for their fleet planning and deployment, just as we need it to
shoulder the enormous billion euro investments being realized by Fraport at
Frankfurt Airport in the coming years," explained Fraport executive board
chairman Dr. Stefan Schulte.

At the beginning of December 2009, Fraport and airline
representatives already reached agreement on revising airport charges for the
years 2010 and 2011. During the years 2012 to 2015 charges will rise by 2.9
percent annually under the latest agreement. Fraport CEO Schulte emphasized
the need for raising charges. "The increase in airport charges is an
essential element for financing the immense capital expenditures for FRA's
future viability and competitiveness. With the charges agreed for 2010 and
2011 we have already taken into account the difficult economic
situation currently facing the airlines, by staggering the increase well into
2010," said Schulte. A further result of the negotiations: If passenger
figures at Frankfurt Airport develop faster than expected, the airlines will
be reimbursed one third of the additional revenue.

Fraport is currently investing about EUR1 billion annually in
the modernization and expansion of FRA's airside facilities - including the
Airport Expansion Program. "The additional capacities thus created will
ultimately benefit the airlines and their customers as much as they
strengthen the competitiveness of Germany as an aviation base. However, it is
important to note that each billion euro Fraport is spending requires about
EUR100 million in additional expenditures per year for interest and
depreciation. These expenditures must first be earned via the expected
traffic growth, additional airport charges, and increasing proceeds from
retailing," Schulte stressed.

Fraport's CEO thanked the Hesse economics minister Dieter
Posch and the staff of his ministry for their dedicated commitment and for
mediating a long-term solution acceptable for both parties. Today's agreement
is subject to approval to be obtained next week from the individual airline
association members.

Print-quality photos of Frankfurt Airport and Fraport AG are
available free for downloading via the Internet at www.fraport.com
(Menu: select Press Center > then Photo Service). For TV news and information
broadcasting purposes only, we also offer free footage material for
downloading via fraport.cms-gomex.com.

    For Further Information, Please Contact:

    Fraport AG Frankfurt Airport Services Worldwide
    Robert A. Payne, B.A.A. - Sr. Manager International Press
    Press Office (Dept. UKM-PS), Corporate Communications
    60547 Frankfurt am Main, Germany
    Tel.: +49-69-690-78547; Fax: +49-69-690-60548;
    E-mail: r.payne@fraport.de; Internet: www.fraport.com

For Further Information, Please Contact: Fraport AG Frankfurt Airport Services Worldwide, Robert A. Payne, B.A.A. - Sr. Manager International Press, Press Office (Dept. UKM-PS), Corporate Communications, 60547 Frankfurt am Main, Germany, Tel.: +49-69-690-78547; Fax: +49-69-690-60548; E-mail: r.payne at fraport.de