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Q2 2003 Fraport AG Earnings Conference Call - Part 2.

The America's Intelligence Wire

| August 14, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Fair Disclosure Wire)

Byline: Annysa Johnson

MARCUS CURLY, ANALYST, MERRILL LYNCH: It's Merrill Lynch. I have three questions if I can. The first is just following on the [indiscernible] 2005. I just wanted to know if you could give us a specific [date] in terms of how much cost savings have been achieved to date and whether you have got a full years target for 2003. Secondly, if you can give us a view on total [capex] for the full year. And finally whether you have given any though to airport charge increases in 2004 specifically with regards to the option to add an additional increase for the short fall in passengers this year. DR. WILHELM ...

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