Fraport AG

Connect Consortium Bids for Sydney Airport

    Sydney (ots) - The Connect Consortium - comprising ABN AMRO Bank,
Challenger, Egis, Fraport AG Frankfurt Airport Services Worldwide,
and Schiphol Group - delivered an "indicative bid" today to the
Government of Australia for the 100 percent privatization of Sydney
Kingsford Smith Airport (KSA).    Sydney Airport is the country's main
hub for both Australian Airlines/Star Alliance and for
Qantas/OneWorld. In 2000, KSA ranked 36 in the world with 23.6
million passengers and 29 with almost 565,000 metric tons of air
cargo. Well-managed by the Sydney Airport Corporation Ltd. (SACL),
KSA also contributed to the memorable success of the Sydney 2000
Summer Olympic Games.
      
    ABN AMRO is one of the leading investment banks in the world.
Along with being a major financial player in the air transport
sector, ABN AMRO has a strong presence in the Asia/Pacific region and
is Europe's fifth largest bank. Challenger is a financial services
company listed on the Australian stock exchange, Egis is a global
infrastructure company owned by the French CDC financial group.      
    
    Fraport AG and Schiphol Group - both internationally active
airport companies - are the respective managers of Frankfurt Airport
(FRA) and Amsterdam Airport Schiphol (AMS), two of the most
significant global air transportation hubs.  Frankfurt Airport is
number seven worldwide (number two in Europe) with 49.4 million
passengers in 2000; number eight worldwide (number one in Europe) in
terms of air cargo with 1.7 million metric tons.  Likewise, Amsterdam
Schiphol Airport ranks number ten worldwide (number four in Europe)
with 39.6 million passengers last year.  Handling 1.3 million metric
tons last year, Amsterdam ranks as the number 15 cargo airport in the
world (number four in Europe). All airport figurers are from the ACI
Airports Council International (air cargo includes airmail tonnage).
    
ots Originaltextservice: Fraport AG
Internet: www.newsaktuell.ch

Contact:
Veronica Harrer
Tel. +49 69 690 70554



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