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Budapest Airport: Gerhard Schroeder is the new Chairman

Press release Budapest Airport

Mr. Gerhard Schroeder has been elected Chairman of Board of Directors of Budapest Airport today. Mr. Gerhard Schroeder is Managing Director of HOCHTIEF AirPort and succeeds at his new Budapest Airport position Mr. Reiner Schränkler who has left HOCHTIEF in April. Mr. Gerhard Schroeder knows Budapest Airport and Hungary very well since he has been CFO of Budapest Airport between 2007 and 2011.

More information:

Mihály Hardy

communication director

Budapest Airport Zrt.

Tel: +36 1 296-6753

Mobile: +36 30 327-2372

Email: <nobr>mihaly.hardy@bud.hu</nobr>

Notes to editors:

Budapest Airport Plc., the operator of Ferenc Liszt International Airport is owned by a consortium of German (KfW IPEX-Bank 4%) Canadian (Caisse de depôt et placement de Québec 18,167%), American (Aero Investment 10 %) and Singaporean (Malton Investments Pte Ltd. 18,167%) investors led by HOCHTIEF AirPort GmbH (49,666%). Currently, the two terminals of the airport are home to 31 airlines, which transported nearly 8.9 million passengers to more than 92 destinations in 40 countries in 2011.