Fraport AG Key Partner for Building and Managing Berlin's New Airport at Schönefeld

Frankfurt/Germany 30. 8. 2002 (PROTEXT/ots) - A key partnerin the BBIP consortium, Fraport AG Frankfurt Airport ServicesWorldwide, will be providing its know-how for the new Berlin-Schönefeld airport project in Germany's capital. Along withoperating the three existing Berlin airports, the BBIPconsortium will plan, build and manage - for 99 years - the newBerlin-Brandenburg International Airport (BBI). Fraport AG,which owns and manages Germany's largest airport (FrankfurtAirport = FRA), has developed wide-ranging airport expertiseover many decades at Frankfurt.

Fraport has been participating in the privatization processfor the Berlin airports since 1997. Fraport AG has a seven-percent share in the BBIP consortium. To be built in Schönefeldsouth of the city center, Berlin's new airport will be wellconnected to the city by autobahn (road) and rail. This isGermany's first airport to be built with private financing.Planning for the project began more than a decade ago.

As part of the privatization bid, Fraport AG has alreadydelivered important airport-specific elements for the project.These included input regarding the economic potential of the newairport (retailing and gastronomy, car parking management,etc.). Furthermore, expertise was also provided for the BBItechnical development concept. Fraport specialists have alsoanalyzed the long- term traffic potential of Berlin's newairport.

Commenting on the advancement of the Berlin project, Dr.Wilhelm Bender, Fraport AG's executive board chairman, said:"Fraport's expertise in building and managing anintercontinental air transport gateway will provide BBI with atremendous advantage in marketing the capital city as adestination. Our specialists are pleased to provide theirexperience and know-how to Berlin." Fraport AG is activelyinvolved at many airports in Germany, Europe and around theglobe.

For More Information, Please Contact: Fraport AG FrankfurtAirport Services Worldwide Attn: Robert A. Payne - ManagerInternational Press 60547 Frankfurt am Main, Germany Tel.: +4969 690 -78547 Fax: +49 69 690 -60548 E-Mail:r.payne@fraport.de Internet: www.fraport.com

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