Fraport AG Buys Caltex Site Northwest of Frankfurt Airport / Strategic Location Close to FRA: 84 Hectares Available for Businesses

Frankfurt Main (Germany) 22. 10. 2004 (ots/PROTEXT) - FraportAG - the owner and manager of Frankfurt Airport (FRA) - haspurchased the site of the former Caltex refinery from CaltexDeutschland GmbH. Final approval for the purchase is expectedfrom Fraport's supervisory board shortly. Located near the MainRiver and only a few kilometers northwest of FRA, the 84-hectareCaltex site is the largest undeveloped commercial land arearemaining in the airport vicinity. Over the years, the Caltex site has been proposed as thelocation for a major service and distribution center. However,the project was never realized. Using its resources andexpertise, Fraport will be aggressively targeting businesses tolocate at this strategic site near continental Europe's leadingair transportation hub. For developing the site, Fraport willbe able to draw upon its planning and marketing experiencegained at FRA's highly successful CargoCity South area. With the purchase of the Caltex site, Fraport has taken overall existing contractual obligations under public law with theneighbouring communities of Kelsterbach and Raunheim. "We lookforward to cooperating successfully with these communities inattracting new businesses and hence more jobs to the Rhine- Mainregion," said Dr. Wilhelm Bender, Fraport AG's executive boardchairman. For More Information, Please Contact: Fraport AG FrankfurtAirport Services Worldwide Robert A. Payne, B.A.A. - ManagerInternational Press Press Office (Dept. UKM-PS), CorporateCommunications (UKM) 60547 Frankfurt am Main, Federal Republic ofGermany Tel.: +49 69.690.78547; Fax: +49.69.690.60548; E-mail:r.payne@fraport.de; Internet: www.fraport.com

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