Fraport AG

Environmental Initiatives: Fraport AG Will Reforest 310 Hectares of Land in Hesse as Green Offset for Expanding Frankfurt Airport

    Frankfurt Main, Germany (ots) - In conjunction with its planned
expansion of Frankfurt Airport, Fraport AG (FSE: FRA) Frankfurt
Airport Services Worldwide will reforest a total of 310 hectares of
land at several locations in the state of Hesse, Germany. Overall,
Fraport AG will invest some EUR 100 million in reforestation and
nature conservation projects as green offsets for FRA's expansion.  A
working group of the Darmstadt administrative district - comprising
representatives from the responsible authorities, forestry and
agriculture industries, environmental conservation groups, and
Fraport AG - has already identified 500 hectares in Hesse suitable
for the reforestation initiative. As a next step, Fraport will be
contacting the respective landowners in these areas to determine
their interest in selling or providing land for reforestation.
    "We intend to create ecologically valuable areas in the
Frankfurt/Rhine-Main region of Hesse where we can develop these
compensatory reforestation projects," said Dr. Wilhelm Bender,
Fraport AG's executive board chairman. Furthermore, Fraport will have
forests in the direct airport vicinity reclassified at a higher
protection level, thus eliminating lumbering in these woodlands.
    Embedded in Fraport AG's "Vision 2000Plus" guiding principles,
environmental protection is considered strategically vital for the
company and its home base Frankfurt Airport. Along with being
committed to sustainable development, Fraport has become a recognized
leader in a wide range of airport-related environmental technologies
and concepts. Implemented in 1999, Fraport's environmental management
system (EMS) is based on the European Union's Eco Management and
Audit Scheme (EMAS) and is certified in accordance with the DIN EN
ISO 14001 environmental standard.
ots Originaltext: Fraport AG

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

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