Contracts Extended for Fraport's Executive Board Chairman and Vice Chairman

FRA/rap> Fraport AG's supervisory board today approved contract extensions for the company's executive board chairman and vice chairman. Dr. Wilhelm Bender's term as chairman of the executive board will be extended from January 1, 2006, through to August 31, 2009. Likewise, Prof. Manfred Schölch's contract as vice chairman of the executive board and executive board member responsible for infrastructure and legal affairs has been renewed for the period from January 1, 2006, to June 20, 2007.

Dr. Wilhelm Bender, age 60, has served as the executive board chairman of Fraport AG (formerly Flughafen Frankfurt/Main AG) since January 1993. As CEO of the Frankfurt Airport company, he has overseen the inauguration of Terminal 2 in October 1994 and the company's initial public offering in June 2001.

Prof. Manfred Schölch, age 62, has been a member of the Fraport executive board since 1986 and vice chairman since 1989. He first joined the company in June 1971. His executive board responsibilities include obtaining planning approval for the expansion of Frankfurt Airport's runway system.

For More Information, Please Contact:

Fraport AG Frankfurt Airport Services Worldwide

Robert A. Payne, B.A.A. - Manager International

Press Press Office (Dept. UKM-PS), Corporate Communications (UKM)

60547 Frankfurt am Main, Federal Republic of Germany

Tel.: +49 69.690.78547;

Fax: +49.69.690.60548;

E-mail: r.payne@fraport.de;

Internet: www.fraport.de