Frankfurt/Main, Germany (ots) - Over 2,000 shareholders and
shareholder representatives attended Fraport AG's regular Annual
General Meeting (AGM) today, the first AGM since the company's
initial public offering (IPO) on June 11, 2001. Held at the
Jahrhunderthalle in Frankfurt-Hoechst, the AGM ran from 10:00 in the
morning until shortly after 20:00.
In their speeches, different shareholder representatives
explicitly supported the airport expansion plans of Fraport AG and
the Hesse state government. Executive board chairman Dr. Wilhelm
Bender repeatedly earned demonstrative applause for his arguments in
favor of strengthening Frankfurt Airport (FRA) and its positive
impact on the prosperity of the Frankfurt/Rhine-Main region. Fraport
shareholders also responded favorably to learning that Lufthansa
recently made a clear statement confirming FRA's role as the
airline's main hub airport.
Among other agenda items covered during the general discussions,
the AGM voted in favor of a dividend payment of EUR 0.40 per share:
with 99.99 percent "yes" votes (agenda item two). Shareholders
ratified the executive board's actions in fiscal year 2001 with
99.97 percent "yes" votes (agenda item three). Subsequently, the
shareholders ratified the supervisory board's actions with 99.97
percent "yes" votes (agenda item four).
KPMG Deutsche Treuhand-Gesellschaft AG
Wirtschaftsprüfungsgesellschaft (Frankfurt am Main) was elected as
Fraport's auditor for fiscal year 2002: with 99.98 percent "yes"
votes (agenda item five).
As recommended by the supervisory board, the AGM elected Dr.
Manfred Bischoff, Christian Strenger, Prof. Karel Van Miert, and
Joachim Vandreike to the supervisory board for the remaining term of
members who recently left the board (agenda item six) with 99.98
percent "yes" votes.
Roland Koch, prime minister of the German federal state of Hesse
and chairman of Fraport AG's supervisory board moderated the AGM.
Fraport AG's executive board chairman Dr. Wilhelm Bender presented
the fiscal year 2001 results and an overview of the current business
year. Some 79 percent of the subscribed capital was represented at
the AGM, which accounted for 71,270,490 of the total 90,211,058
ots Originaltext: Fraport AG
Fraport AG Frankfurt Airport Services Worldwide
Robert A. Payne
Manager International Press
60547 Frankfurt am Main, Germany