Fraport Is Spearheading Frankfurt
Airport's Biggest Expansion in History

FRA/rap> Frankfurt Airport (FRA) is owned and managed by Fraport AG Frankfurt Airport Services Worldwide, the second largest airport group in the world. FRA welcomed about 48.5 million passengers and handled over 1.6 million metric tons of airfreight in 2002 - ranking it among the world's top ten airports for both passenger and cargo traffic. The Far East accounts for an important share of FRA's passenger and cargo traffic. Your strategic gateway to the European marketplace, FRA offers an excellent location, fast connections to ground and air networks, and access to huge markets.

The Fraport Advantage:
Fraport is renowned for its highly efficient Frankfurt hub - the home base and "showcase airport" for Fraport's projects in Asia and around the globe. Using its "Made in FRA" expertise, Fraport is also active at about 50 locations around the globe. In Asia, Fraport is a member of the Tradeport Hong Kong consortium that opened an innovative cargo-logistics center at Hong Kong International Airport in March 2003. Tradeport Hong Kong has already signed up a number of major customers such as ABX Logistics, DHL Danzas Air & Ocean and Fedex. At the end of 2002, Fraport and Shanghai Airport Group signed a cooperation agreement and will soon be establishing a joint-venture company based in Shanghai. Yusen Air & Sea Service of Japan recently opened a -10 million air cargo center at FRA's CargoCity South area.

Frankfurt - a Trading Center:
Located in the heart of Germany and Europe, Frankfurt has served as a major trading center and crossroads for over 12 centuries. Today, FRA is the major driving force of the dynamic Frankfurt/Rhine-Main region. Home of the euro and the European Central Bank, the Frankfurt region is a leading center for finance, international trade fairs, IT, research, design, logistics, and international companies - including a large and growing Asian business community.

Extended Catchment Area:
FRA's leading role in international aviation is far greater than the Frankfurt region's modest population of about 2.5 million. However, FRA boasts the largest extended catchment area of any European airport - more than 35 million inhabitants within a 200-kilometer radius of FRA. Getting people and goods quickly to and from the airport has always been a high priority for Fraport.

Global Network:
FRA is the home base of the Lufthansa fleet and the main European hub for the Star Alliance, which also has its headquarters at FRA. Well over 100 scheduled passenger airlines (plus many charter carriers) link FRA with more than 300 destinations in about 100 countries. FRA enjoys an excellent reputation as an expeditious hub. Using advanced technology and optimized procedures, Fraport’s ground-handling teams and apron-control experts ensure that FRA has the best punctuality performance of Europe's major hub airports. Over 50 percent of FRA's passengers - more than any other European airport - transfer to connecting flights at Europe’s gateway to the world.

Intermodal Travel:
Fraport is an internationally recognized pioneer of intermodal transport, particularly air/rail/road links at FRA since 1972. August 2002 marked the inauguration of Deutsche Bahn's high-speed rail corridor between the Frankfurt/Rhine-Main and Cologne/Bonn (Rhine-Ruhr) regions. This enables more and faster rail connections. For example, travel times have been sliced in half to under one hour between FRA and downtown Cologne. Along with better access to FRA's expanded catchment area, the new line serves as a key link in the trans-European high-speed rail network. FRA’s Long-distance Train Station serves as a mainline hub in this network and offers some 160 intercity trains daily.

AIRail Partners:
Fraport, Deutsche Bahn and Lufthansa jointly offer the AIRail Service between FRA and Stuttgart (since March 2001) and Cologne (since May 2003). This innovative service provides fast and seamless connections, including baggage checked right through to your final flight destination. Rail travel time is only 57 minutes from Cologne to FRA and 73 minutes from Stuttgart to FRA. Future plans call for expanding frequencies on the Stuttgart route and adding more cities such as Düsseldorf.

Expanding FRA:
In the coming years, Fraport AG will be implementing the biggest expansion in the history of Frankfurt Airport. Fraport's vision calls for doubling retail space at Terminals 1 and 2 to 20,000 square meters by 2007, expanding high-speed rail services, providing a new maintenance base for Lufthansa's A380 superjumbo fleet, and building a fourth runway and third passenger terminal to meet future traffic demand. With average passenger growth of some five percent per year expected in the future, FRA needs to stretch beyond its boundaries. The political and administrative approval process is already well advanced for Fraport's new € 3.3 billion Airport Expansion Program (AEP). This program includes a fourth runway to increase overall runway capacity by 50 percent and a new Terminal 3 (to be built in three stages) that will have a capacity of over 25 million passengers per year - greater than Munich Airport’s current annual passenger volume. Thus, FRA will be able to serve well over 80 million passengers per year by 2015. At Europe's gateway to the world, Fraport AG is planning the future today. Find out more at: www.fraport.com

For More Information, Please Contact:
Fraport AG Frankfurt Airport Services Worldwide
Attn: Robert A. Payne - Manager International 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