Corporate | 13 June 2012 16:11

Flughafen Wien AG: Flughafen Wien AG cancels leases with Sardana Group companies

Flughafen Wien AG / Key word(s): Miscellaneous

13.06.2012 / 16:11

Flughafen Wien AG cancels leases with Sardana Group companies

As a consequence of significant payment arrears, the failure to fully stock individual shops
and unfinished facilities in the new terminal Check-in 3, Flughafen Wien AG has cancelled
the leases with Artifacts, Saveria and Striberny in Check-in 3 after long and unfortunately
unsuccessful negotiations.

Flughafen Wien AG has filed various legal proceedings against the above-mentioned
companies to enforce its claims. Legal actions for eviction have also been started.

Since the current legal proceedings have not brought the expected payments, Flughafen
Wien AG has also filed an application with the provincial court in Korneuburg for the opening
of bankruptcy proceedings against the above-mentioned companies.

Two of the facilities in Check-in 3, which have not yet been transferred, will be re-let
immediately. A new tender for the remaining space will start as soon as the necessary court
decisions have been issued.

Flughafen Wien AG regrets this development, but the amount of the outstanding payments
and the length of the overdue periods as well as the failure to complete the shops will not
permit any further extensions. The loss in revenues resulting from these delays has already
been reflected in a provision, which was recorded by Flughafen Wien AG during the first
quarter of 2012. Therefore, the earnings guidance issued in May remains intact.

Contact:
Judit Helenyi
Flughafen Wien AG
Investor Relations
Tel: +43 1 7007/23126
e-mail: j.helenyi@viennaairport.com

Mario Santi
Flughafen Wien AG
Investor Relations
Tel: +43 1 7007/22826
e-mail: m.santi@viennaairport.com

End of Corporate News

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Language:	English
Company:	Flughafen Wien AG
	Postfach 1
	1300 Wien-Flughafen
	Austria
Phone:	+43-1-7007/22826
Fax:	+43-1-7007/23806
E-mail:	investor-relations@viennaairport.com
Internet:	http://www.viennaairport.com
ISIN:	AT0000911805
WKN:	884216
Indices:	ATX Prime
Listed:	Freiverkehr in Berlin, München, Stuttgart; Open Market in Frankfurt; London, Wien (Amtlicher Handel / Official Market)

End of News DGAP News-Service

173874  13.06.2012