Press release, 9 November 2004

Mitteldeutsche Flughafen AG welcomes intention by Deutsche Post to establish European hub at Leipzig/Halle Airport

A signal for the entire region
The announcement by the Deutsche Post (German Post Office) of its intention to establish the DHL hub at Leipzig/Halle Airport is a positive signal for the entire region in economic terms. Both parties to the project are planning investments which will guarantee sustained economic development for the Airport as well as the surrounding region.

Close co-operation on the political and financial level
Preparing the proposal for Deutsche Post was given top priority and was made possible thanks only to the full support provided by the Government of the Free State of Saxony. The Minister President of Saxony, an inter-ministerial working group, the Executive Board and representatives of Mitteldeutsche Flughafen AG and the management of Leipzig/Halle Airport all worked very closely together in planning the project.

»We are very pleased at the announcement by Deutsche Post in favour of Leipzig/Halle. This is proof that the right strategy was pursued in order for the Airport to win through in the face of European-wide competition. It gives us great pleasure to see that care and professionalism made it possible to persuade the customer that this was the right choice. The declaration of intent commits us to the work which lies ahead. Everyone concerned will do their utmost to bring the project to a successful conclusion,« commented Volkmar Stein, CEO of Mitteldeutsche Flughafen AG, which took the lead in managing the bidding process.

Eric Malitzke, Managing Director of Flughafen Leipzig/Halle GmbH, emphasised in particular the potential of the knock-on effects for the Airport: »The declaration of intent by DHL to come to Leipzig/Halle will also help stimulate interest in the cargo sector in taking advantage of the locational advantages which the Airport has to offer.«

Investment volume
The Free State of Saxony has made a particularly significant commitment to the financing of the infrastructure requirements, the procurement and availability of which are seen as the decisive factors behind the declaration of intent by Deutsche Post. Some 290 million Euro will be going into investments by the Airport shareholders into the reconstruction of the southern runway, including taxiways and aprons, as well as 60 million Euro into noise protection measures and land acquisition.