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Fraport AG

Fraport AG Holds Shareholders' - Annual General Meeting on June 25

Frankfurt a.M. (Germany) -

Fraport AG Frankfurt Airport Services
Worldwide will be welcoming its shareholders to the company's second
regular Annual General Meeting (AGM) on Wednesday, June 25
(tomorrow), at the Jahrhunderthalle in Frankfurt-Hoechst, Germany.
The AGM officially starts at 10:00 in the morning, with admission
beginning from 8:00. Nearly 400 of Fraport's own employees from
Frankfurt Airport will be working at the AGM. Like last year, the
shareholders' invitation card also serves as a valid ticket for the
Rhine-Main Regional Transit Authority (RMV). Shuttle buses will be
running between the nearby Hoechst train station (northern side) and
the Jahrhunderthalle all day on Wednesday. AGM participants will have
to go through an intensive security check when they enter the
Jahrhunderthalle.
Roland Koch, prime minister of the German federal state of Hesse
and chairman of Fraport AG's supervisory board will be heading the
AGM. Dr. Wilhelm Bender, Fraport's executive board chairman will
present the company's fiscal 2002 results and talk about business
development in the current year. This will be followed by a general
discussion.  The speeches of Prime Minister Koch and Dr. Bender will
be broadcast live on the Internet at http://streaming.fraport.com.
Prior to Fraport's initial public offering (IPO) in June 2001, the
shares in Germany's largest airport company were wholly owned by
government shareholders: the municipal, state and federal levels of
government. Now, 29.2 percent of the company's stock is owned by
private/institutional investors - including shares held by about
two-thirds of Fraport's employees. The remaining Fraport shares are
owned by the state of Hesse with 32.0 percent, the City of Frankfurt
(through "Stadtwerke") with 20.5 percent, and the Federal Republic of
Germany with 18.3 percent.
Detailed corporate information for shareholders can be found on
the Internet in the "Investors Relations" section of the Fraport Web
site at: www.fraport.com.

Contact:

Fraport AG Frankfurt Airport Services Worldwide
Attn: Robert A. Payne - Manager International Press
D-60547 Frankfurt am Main, Germany
Tel. +49/69/690'78547
Fax +49/69/690'60548
E-mail: r.payne@fraport.de
Internet: http://www.fraport.com

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