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Fraport AG

New Fraport Shares for Employees

Frankfurt, Germany (ots)

Following its successful initial public
offering (IPO) in 2001, Fraport AG is again offering employees the
opportunity to receive Fraport shares as partial or complete
remuneration under the company's annual success and performance
participation program.  A third of Fraport's staff has taken
advantage of this opportunity, subscribing to 106,058 shares with a
nominal value of EURO 10 per share. As a result, Fraport's share will
increase to EURO902.1 million.
Fraport's executive board regards the employee stock 
participation program as an important instrument for motivating
employees, so corporate goals can be optimally realized. Employees
already had the opportunity internally to subscribe to company shares
offered during Fraport's IPO in June 2001. At that time, 56 percent
of all eligible Fraport employees took advantage of the offer. In the
coming years, Fraport employees will have further opportunities to
subscribe to Fraport shares at attractive conditions.

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
mailto:r.payne@fraport.de
Internet: www.fraport.de (cllick on "Press Lounge")

Weitere Storys: Fraport AG
Weitere Storys: Fraport AG