Aeroports De Paris and Schiphol Group Create a Leading Global Alliance in the Airport Industry

December 1, 2008 12:50 PM EST

PARIS & AMSTERDAM, Netherlands--(BUSINESS WIRE)-- Regulatory News:

Aeroports de Paris S.A. ("Aeroports de Paris") (Paris: ADP) (Pink Sheets: AEOPF) and NV Luchthaven Schiphol ("Schiphol Group") announce today that they entered into a long-term industrial cooperation agreement and acquired an 8% stake in each other's share capital so as to reinforce their mutual commitment to the cooperation. The two groups have now created a leading global alliance in the airport industry. The first wave of thirty initiatives related to the implementation and operational management of the cooperation has been launched.

Aeroports de Paris and Schiphol Group had announced their intention to enter into an industrial alliance on 21 October and have now obtained all the approvals and authorisations to complete the operation.

    --  The industrial cooperation agreement has been entered into for an
        initial period of twelve years.
    --  This industrial cooperation agreement between two of Europe's leading
        airport groups represents a bold strategic move that is expected to
        generate significant benefits for the two groups and their clients in
        all key business areas: aviation, non-aviation (retail, real estate and
        telecoms activities) and international development.
    --  Schiphol Group acquired an 8% stake in Aeroports de Paris from the
        French government for EUR530MM, i.e., EUR67 per share. Reciprocally,
        Aeroports de Paris purchased EUR370MM an 8% stake in the Dutch Schiphol
        Group through its subscription to a reserved capital increase.
    --  The industrial cooperation is supported by an efficient and balanced
        governance structure to ensure its success, including
        cross-representation in Aeroports de Paris and Schiphol Group's
        respective Board of Directors and Supervisory Board and the creation of
        an Industrial Cooperation Committee ("ICC")1 and of eight Steering
        Committees for each of the cooperation areas: (i) dual-hub & network
        attractiveness, (ii) airport operations, (iii) retail, (iv)
        international development, (v) real estate, (vi) telecom & IT, (vii)
        sustainable development and (viii) purchasing.

The first meetings of the ICC and of the eight steering committees were held in Amsterdam. The thirty initiative leaders at Schiphol and Aeroports de Paris have been appointed and will work jointly on the first set of initiatives2 that will be launched in Q1 2009.

1 The ICC is made of four representatives of each company (Aeroports de Paris' representatives come from its Executive Committee and Schiphol Group's from its Board of Management) and is chaired by the Aeroports de Paris and Schiphol Group CEOs on a rotating basis. It meets at least every two months, alternatively in France and in the Netherlands.

2 Sixty initiatives have already been identified and will be addressed in three waves of implementation based on attractiveness and accessibility. The first wave includes thirty initiatives.

All of the information published the 21 October 2008, can be viewed on: http://www.aeroportsdeparis.fr/Adp/en-GB/Groupe/Finance/Publications/OtherPublications/.

Alternatively, all this information is available on www.schipholgroup.com Investor Relations section.

About Aeroports de Paris

Aeroports de Paris builds, develops and manages airports including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. Aeroports de Paris is Europe's second-largest airport group in terms of airport revenue and the European leader for cargo and mail. Aeroports de Paris accommodates nearly 460 airlines, including the main companies in the air transport industry. With an exceptional geographic location and a major trading area, the Group is pursuing its strategy of modernizing its terminal facilities and upgrading quality of services, and also intends to develop its retail and real estate business. In 2007, Aeroports de Paris had revenues of EUR2,292.4 million and a net result of EUR321.8 million. It handled 86.4 million passengers.

http://www.aeroportsdeparis.fr

About Schiphol Group

Schiphol Group is an airport operator. The company's aim is to create sustainable value for its stakeholders by developing AirportCities and by positioning Amsterdam Airport Schiphol as the leading AirportCity. The company's ambition is to rank among the world's leading airport companies.

Schiphol Group owns and operates Amsterdam Airport Schiphol, Rotterdam Airport and Lelystad Airport and has a 51% share in Eindhoven Airport. Outside the Netherlands, Schiphol USA Inc. has a share in JFK IAT, which operates Terminal 4 at John F. Kennedy Airport, New York and Schiphol Australia has a share in Brisbane Airport Corporation, the operator of Brisbane Airport.

In 2007, Schiphol Group had revenues of EUR1,146.2 million and handled 50.4 million passengers (Amsterdam Airport Schiphol, Rotterdam Airport and Eindhoven Airport combined).

http://www.schipholgroup.com

    Source: Aeroports de Paris

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