Frankfurt Airport Exhibits at the MIPIM Real Estate Fair in Cannes, France - Visit Fraport AG at Stand R33.03

A Premier Location: Frankfurt Airport Serves As Your Gatewayto Global Business

AIRRAIL center frankfurt: One of Europe's Biggest and MostInnovative Real Estate Developments

Frankfurt 28.02.2003 (PROTEXT/ots) - Fraport AG FrankfurtAirport Services Worldwide - the owner and manager of FrankfurtAirport (FRA) - will be exhibiting at this year's MIPIM (MarchéInternational des Professionels de l'Immobilier) real-estatetrade fair from March 4 to 7 in Cannes, France. A key event forthe real estate industry, MIPIM allows international companiesto present their projects to potential investors and futuretenants. Fraport will be co-exhibiting with AIRRAIL CenterFrankfurt GmbH at the Frankfurt Economic Development Corp. stand(Number R33.03, Espace Rivera) at the Palais des Festivals. Fraport's home base of Frankfurt Airport is more than aninternational air/rail transportation hub, it is a major realestate marketplace. A flourishing location is necessary fordeveloping sustainable and profitable real estate projects.Airports, particularly Frankfurt Airport, are growth-orientedlocations. FRA offers outstanding opportunities because of theairport's excellent infrastructure and because of the long-termabove average growth forecasts for the international aviationindustry. Frankfurt Airport ranks as one of the top ten airportsin the world for cargo and passenger traffic and provides directemployment for over 62,000 people. One of the highlights for Fraport's guests at MIPIM will be athree- dimensional model of Frankfurt Airport, which will make itpossible to view and discuss FRA's latest projects in detail.Fraport AG's Prof. Manfred Schölch, executive board vicechairman, and Prof. Barbara Jakubeit, executive board memberresponsible for real estate development, will be attending MIPIMand participating in special events at the Fraport stand. OnWednesday, March 5, from 11:00 to 12:00, Prof. Jakubeit willdiscuss "Frankfurt Airport -

Perspectives on AirportDevelopment: The New Terminal Infrastructure at FRA South". OnThursday, March 6, from 15:30 to 17:00, there will be a paneldiscussion titled "AIRRAIL center frankfurt - A New Dimension inReal Estate Development". Prof. Schölch will be joined in thediscussion by Dr. Dierk Ernst, managing director of TerconImmobilien Projekt-entwicklungs GmbH. In the next few years, the AIRRail center frankfurt project -one of Europe's biggest real estate developments - will takeshape on the 660-meter-long rooftop of FRA's Long-distance TrainStation. Offering 185,000 square meters of total usable floorspace over nine levels, this glass-enclosed center will feature afive-star luxury hotel (680 rooms) from Le Méridien, 73,000square meters of quality office space, as well as retail andleisure facilities - located at the junction of internationalair and rail networks at Europe's best connected "intermodaltravelport". The investor syndicate for the AIRRAIL center frankfurtproject includes Bilfinger Berger Projektentwicklung GmbH, IVGImmobilien AG, and Tercon Immobilien Projekt-entwicklungs GmbH.The Frankfurt-based architects responsible for FRA's Terminal 2,J.S.K. Architeckten, created the stunning design for theAIRRAIL center frankfurt. Construction of a road access-ramp tothe AIRRAIL center frankfurt is now underway. Actualconstruction of the AIRRAIL center frankfurt is scheduled tobegin in April 2003 and be completed in 2006. For moreinformation, visit the Internet at: www.airrail.de and www.jsk.de- ENDS -

ots Original Text Service: Fraport AG Internet:http://www.presseportal.de For More Information, Please Contact: Fraport AG FrankfurtAirport Services Worldwide Attn: Robert A. Payne - ManagerInternational Press 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

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