Fraport Fiscal Year 2002

Fraport Fiscal Year 2002: Manila Write-down Overshadows Successful 2002 Business Year / Sales Increase 14 Percent / Adjusted EBITDA Exceeds EUR 500 Million Frankfurt, Germany (ots) - For fiscal year 2002 Fraport AG has made a complete write-down - in the context of its business caution and conservative balance-sheet policy - on its financial investment in the new International Passenger Terminal 3 (IPT 3) project at Ninoy Aquino International Airport (NAIA) in Manila, the Philippines. This exceptional write-down overshadowed positive results in the Group's operating business: Excluding the