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AI Airports International Limited

EANS-News: AI Airports International Limited
AI reached an agreement for the settlement of certain disputes with Meinl Bank AG

St Helier, Jersey, Channel Islands (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Jersey/Vienna
September 25, 2010 - AI Airports International Limited 
("AI")announces today that it has reached an agreement for the 
settlement of certain disputes with Meinl Bank AG, and its 
subsidiaries and affiliates ("Meinl Bank").
Pursuant to this agreement, Meinl Bank will withdraw all claims 
against AI and pay EUR 4.5 million. AI will withdraw all claims 
against Meinl Bank. The agreement, however, does not affect the 
claims filed by the Parties with the International Arbitration Court 
at the Austrian Federal Economic Chamber in Vienna (the "Arbitration 
Proceedings"), relating to the Placement and Market-Maker Agreement. 
In addition, AI will transfer to Meinl Bank its interest in 
SO.GE.A.P. Aeroporto di Parma Società per la Gestione S.p.A; and 
Meinl Bank will assume all of AI´s rights and obligations in 
connection with the shareholding in SO.GE.A.P. In reaching this 
settlement, neither party admits any liability to the other.
This agreement is contingent on the approval of AI´s Shareholders and
Austrian depository certificate holders ("ADC Holders"). AI intends 
to convene an extraordinary general meeting ("EGM") of its 
shareholders and ADC Holders on or about 20th October to ratify this 
settlement.
Hearings in the Arbitration Proceedings are scheduled to commence on 
29th November, 2010. Further information will be provided at the EGM.
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations and Public Relations
Metrum Communications GmbH

Mick Stempel
T: +43 1 504 69 87-385
M: m.stempel@metrum.at

Michaela Lipa
T: +43 1 504 69 87-341
M: m.lipa@metrum.at

Branche: Real Estate
ISIN: AT0000A053N4
WKN:
Index: other listings
Börsen: Wien / Third Market

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