EANS-Adhoc: Tax Audit of Fraport Group Completed - High Release of Provisions. Profit after Tax for 2010 Expected to Total around EUR 270 Million, Proposed Increase of Dividend to EUR 1.25 per Share.

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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25.01.2011

The tax audit of the Fraport Group carried out by the German tax authorities has
been completed. Today, Fraport received the tax assessment for the financial
years 1999 - 2002. According to the assessment, Fraport has to make a
retroactive tax payment of about EUR 20 million for the years 2001 and 2002.
Fraport has built up sufficient provisions for additional tax payments. The
remaining amount of provisions can thus be released and will be recognized in
income for the year 2010. The tax treatment of the Manila engagement was an
essential part of the tax audit.

Fraport now expects profit after tax to reach around EUR 270 million for the
year 2010. In the previous year profit after tax amounted to EUR 152.0 million.
As the financial year 2010 showed an overall positive development, the executive
board intends to propose to the supervisory board a dividend increase from EUR
1.15 to EUR 1.25 per share. The decision about the profit appropriation and the
dividend increase will be taken at the Annual General Meeting.

The Fraport Group will publish the preliminary figures for 2010 on March 11,
2011.

Further inquiry note:
Stefan J. Rüter

Head of Finance & Investor Relations 
Tel.: +49 (0) 69 690 748 40
E-Mail: s.rueter@fraport.de
end of announcement                               euro adhoc

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issuer:      Fraport AG Frankfurt Airport Services Worldwide
              
             D-60547 Frankfurt am Main
phone:       +49 (0)69 690-74842
FAX:         +49 (0)69 690-74843
mail:        investor.relations@fraport.de
WWW:         http://www.fraport.de
sector:      Transport
ISIN:        DE0005773303
indexes:     Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX, Prime All
          Share
stockmarkets: stock market: Luxembourg Stock Exchange, regulated dealing/prime
             standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart,
             Düsseldorf, Hannover, München 
language:    English

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