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AOT : AOT awarded a duty-free concession with King Power Duty Free.

Asia Africa Intelligence Wire

| April 06, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: SET Filing - AOT has awarded a new duty-free concession to the King Power Duty Free Company Limited at 4 AOT's airports namely Suvarnabhumi, Chiang Mai, Phuket and Hat Yai airports. The new concession agreements are with term of September 29, 2005 to December 31, 2015. King Power Duty Free Company Limited will pay the concession charges to AOT at the rate of 15 % of its gross revenue for the first five years and additional increase of …

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