Fraport AG Frankfurt Airport Services Worldwide

euro adhoc: Fraport AG Frankfurt Airport Services Worldwide / Dividend Announcements
Fraport Plans to Raise Dividend - 45 to 50 Percent Payout Ratio Targeted for FY2004

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Fraport AG's supervisory and executive boards are planning to increase the company's dividend for the 2004 business year. Based on the annual group profit the payout ratio is expected to range from 45 to 50 percent. This compares with 34.5 percent for fiscal year 2003, which resulted in a dividend payment of 0.44 Euro per share.

The exact dividend recommendation for the Annual General Meeting on June, 1st 2005 will be established when the boards meets to approve the annual accounts in March 2005. The increased payout ratio should also serve as the basis for coming business years and offer shareholders an attractive dividend payment.

end of announcement                                euro adhoc 13.12.2004 12:34:56
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Further inquiry note: Christoph Hommerich Tel.: +49 (0)69 690 748 42 E-Mail: c.hommerich@fraport.de

Branche: Transport
ISIN:      DE0005773303
WKN:        577330
Index:    MDAX, Prime Standard
Börsen:  Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Frankfurter Wertpapierbörse / official dealing



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