Airport Finance & Investment - Euromoney Institutional Investor PLC

&presentHear about the latestdeals directly fromthe airports2nd AnnualAirport Finance& InvestmentConferenceInsights into the latest developments and trends in airportinvestment, privatisation and financingTuesday 26th & Wednesday 27th June 2007 Hyatt Regency London - The ChurchillFeaturing key presentations from:Martyn Booth, Airports Director, Macquarie AirportsFrederic Dupeyron, Deputy Chief Financial Officer,Aéroports de ParisAndrew Cunningham, Manager Economic Regulation,British AirwaysMr. Chow Kok Fong, Chief Executive Officer,Changi Airports InternationalKjeld Binger, CEO Airports, Dubai Aerospace EnterpriseRichard Gooding, Managing Director, London City AirportThomas Weyer, Managing Director, Berliner FlughäfenDato’ Seri Bashir Ahmad bin Abdul Majid,Managing Director & CEO, Malaysia Airports HoldingsPaul Whelan, Chairman, The Low Cost Airports GroupRoman Himmler, Member of the Board, Meinl AirportManagers & Former Head of International Developments,Vienna AirportCatherine Harmel-Tourneur, Director,ACI Traffic Forecast ServicesJan Egenäs, CFO Division Stockholm, Deputy Division Head,LFV GroupNigel Fanning, Airport Planning Manager, EasyJetStuart Condie, Planning & Surface Access Director, BAAJean-Marie Chevallier, Chairman & CEO,Aéroports de Paris ManagementUlriche Heppe, Project Director, Global Investments& Management, FraportSupported by:Save £200 - book before 11th May 2007www.euromoneyplc.com

&present2nd AnnualAirport Finance &Investment ConferenceInsights into the latest developments and trends inairport investment, privatisation and financingTuesday 26th & Wednesday 27th June 2007Hyatt Regency London – The Churchill, LondonAfter a record number of deals in 2006,2007 is predicted to be another strong yearfor airport investment. Interest in regionalairports is at an all time high. Secondarytrade sales are common as airports changehands between those keen to maximisetheir returns. China, India and LatinAmerica continue to provide investors withlucrative opportunities in building anddeveloping airports.Airfinance Journal and Euromoney Seminars’2nd Annual Airport Finance & InvestmentConference is the essential event for airportand infrastructure investment professionals.It is the industry platform to shareprivatisation, investment and financingstrategies and case studies, and a keyforum for industry professionals, investorsand financiers to meet and network.A G EDay One - Tuesday 26th June 200708.30 Registration & refreshments09.00 Opening remarks from the Chairman09.10 Airport privatisation: Is the trend set to continue? Overview of recent airport privatisations – methods and returns What impact does privatisation have on an airport’s operations? Assessing the key economic and political drivers behindairport privatisation Part privatisation vs. full privatisation Balancing regulatory control and commercial returnsUlriche Heppe, Project Director, Global Investments& Management, Fraport09.50 Airport panel: Planning and investing for growth Forecasting the strategic direction of the airport – balancingcommercial vs. operational priorities Airport charging – working with regulators and airlines Where do airports see the most growth in the industry –network carriers or low-cost? Meeting infrastructure, environment and capacityrequirements Financing the future – cost of capital and financing optionsThomas Weyer, Managing Director, Berliner FlughäfenDato’ Seri Bashir Ahmad bin Abdul Majid,Managing Director & CEO, Malaysia Airports HoldingsJan Egenäs, CFO Division Stockholm,Deputy Division Head, LFV GroupRoman Himmler, Member of the Board, Meinl AirportManagers & Former Head of International Developments,Vienna Airport10.40 Morning coffee11.20 Where next for airports? Reviewing ACI’s20 year forecast Passenger flights and average passenger trends byworld region Trends and airline activity profiles by airport size category(small, medium & large airports) Comparing trends for transfer traffic vs. local traffic developmentby airport size category (small, medium & large airports) ACI survey showing the airports’ key concern in terms offuture growthCatherine Harmel-Tourneur, Director,ACI Traffic Forecast Services12.00 Macquarie: Where next for airport investment? Why invest in airports? Macquarie’s investment model – balancing the risks andrewards Forecasting global hotspots for investment What and where next?12.40 LunchMartyn Booth, Airports Director, Macquarie Airports14.00 Investing in regional airports and secondary hubs Assessing the investment potential of regional airports Where will long-term growth come from for regional airports? Environmental and capacity constraints Are regional airports too dependent on low cost carriers?Paul Whelan, Chairman, The Low Cost Airports Group14.40 Aéroports de Paris: One year after IPOFrederic Dupeyron, Deputy Chief Financial Officer,Aéroports de Paris15.20 Afternoon tea15.50 Airport PPPs: Financing an airport through a BOT Negotiating and structuring the deal Allocating risk between public and private parties Risks and rewards of concessions vs. equity airport dealsRenaud Beziade, Project Director, EGIS Projects16.30 The growth of airport investment funds Airports as a new asset class Are private equity companies in for the long-haul? Exit strategiesAdrian Williams, Director, BridgepointPhilippe Lenoble, Executive Director, InfrastructureInvestment Group, Goldman Sachs17.20 Close of Day One followed by evening drinks reception© Airfinance Journal & Euromoney Seminars 2007

Discover the secrets of profitable airportsfrom leading airport operators includingAéroports de Paris, Changi AirportsInternational, The Low Cost AirportsGroup, Berliner Flughäfen, London CityAirport, Manchester Airports Group, BAAand Malaysia Airports and learn how keycustomers like British Airways and easyJetwork with them.Hear firsthand as key investors likeMartyn Booth, Airports Director, MacquarieAirports and Andrea Pal, Senior VicePresident, Global Investments andManagement, Fraport explain howthey select opportunities and win deals.The unique focus of the conference meansthat you can network with the peopleshaping airport finance and developmenteasily and efficiently.N D ATaking place in mid-2007 this conferenceis your chance to combine analysis of keymarket activities to date with an unrivalledinsight into the forthcoming deals andprospective investment opportunities.Don’t miss your chance to: Find out the long-term strategy of airportprivate equity investors – are they in forthe long-haul? Analyse airport privatisation trends –who will be next? Join the debate in our airline andairport panel discussion – how muchinfluence should airlines have overairport development? Catch up on the latest airport financingstrategies - compare the outcomes ofrecent PPP structures, IPOs and mergersand acquisitions.With presentations and analysis fromEurope, Asia and the Americas, this eventwill provide you with comprehensive insightsinto who is investing in airports and where,and the innovative financing structuresbeing used. Don’t miss the opportunity tofind out where you should be making yournext airport investment.We look forward to seeing you in Londonin June.Register online atwww.euromoneyplc.comDay Two - Wednesday 27th June 200708.40 Morning refreshments09.00 Opening remarks from the Chairman09.10 Do you need an operator? Reviewing bidders'approaches to recent and forthcoming deals andthe costs and benefits of specialist know-how Recent deals including BAA, London City, Birmingham andAeroporti di Roma Forthcoming deals including Chicago Midway and Portugal Assessing the evolving operator landscape Risks, costs and benefitsColin Campbell, Managing Director,Global Banking Infrastructure, Citigroup09.50 M&A activity in the airports industry Reviewing the key drivers and financing of recent deals Assessing the impact of M&A activity on the industry Who is investing in airports and why? Valuing the airport industryChris Brooks, Managing Director,Global Co-Head of Transport, N M Rothschild & SonsChris Frost, Executive Director, Macquarie Bank10.30 Morning coffee11.10 Airport investment in China Opportunities for foreign investors Overcoming political constraints of investment Investment requirements vs. potential returnsMr. Chow Kok Fong, Chief Executive Officer,Changi Airports International11.50 Airline-airport panel: Working together Airport charging Managing the environmental impact Improving airport security Investing for future growth – key priorities for airlines andairportsAndrew Cunningham, Manager Economic Regulation,British AirwaysRichard Gooding, Managing Director,London City Airport12.40 LunchNigel Fanning, Airport Planning Manager, EasyJetStuart Condie, Planning & Surface Access Director, BAAJean-Marie Chevallier, Chairman & CEO,Aéroports de Paris Management14.00 Airport securitisation: A realistic financing option? Structuring whole business securitisations Risks vs. rewards for investors Rating dealsAlexandre de Lestrange, Associate Director,Standard & Poor’s14.35 Chicago Midway: A new wave of privatisation forthe US? Assessing the process of privatisation Can it work with other airports in other states? Investor appetite Other options for US airports?Philip Iley, Managing Director, Transport & Logistics Group,CSFB15.10 Middle East: The world’s hub How many hubs can the region handle? Growth forecast Is there any role for foreign lenders?Kjeld Binger, CEO Airports,Dubai Aerospace Enterprise15.50 Chairman’s closing remarks and close of conferenceInfrastructure Asset Finance & Investment SummitJune 26 & 27 - The Dorchester, LondonInfrastructure has emerged as the exciting new asset class in thepast twelve months. Specialist infrastructure funds, constructioncompanies and even private equity firms are fiercely battling to takeownership of these assets, fuelling some speculation of a bubble.Innovative structured finance techniques are now imperative to thesuccess of an infrastructure transaction.Euromoney Seminars’ Infrastructure Asset Finance & InvestmentSummit features presentations from the hottest infrastructure-assetbased transactions of the past year, with a first-class opportunity tonetwork with the most influential infrastructure financiers, corporateexecutives, and investors.Full details at www.euromoneyplc.comThe programme may change due to unforeseen circumstances and Airfinance Journal and Euromoney Seminars reserve the right to alter the venue and/or speakers. Airfinance Journal and Euromoney Seminars are a division of Euromoney Institutional Investor PLC

2nd Annual Airport Finance & Investment ConferenceTuesday 26th & Wednesday 27th June 2007 Hyatt Regency London - The Churchill, LondonPlease quote ELE854 on all correspondence(PLEASE PRINT)Please photocopy this form for additional delegatesEarly Registration Fee (book before 11/05/07)The information you have provided will be safeguarded by Euromoney Seminars who will use it to keep you informedof relevant Seminars in the future. Please tick how you would prefer to receive future information Mail Fax Email and fax back this form to +44 (0)20 7779 8603. We may wish to make your details available to sponsors of thisparticular event, or to other reputable organisations who may wish to contact you. Please tick this box if you wouldprefer your details to remain confidential and fax back this form to +44 (0)20 7779 8603. Euromoney Seminars is partof the Euromoney Institutional Investor PLC Group, who may also use your data to keep you informed of relevantproducts and services both domestically and internationally. If you object to being contacted by telephone , fax or email in respect of this, please tick the relevant box and fax back this form to +44 (0)20 7779 8603.METHOD OF PAYMENTPayment may be made in one of four easy ways – please tick theappropriate box ✔Card No:1. Please debit my credit cardMasterCard Visa Amex Diners ClubExpiry Date: /Card Verification Check:Cardholder’s Name:Signature:(last 3/4 digits printed on signature strip of card)2. Payment by BANK TRANSFER should be made through Lloyds TSB Bank Plc,City Office, PO Box 72, Bailey Drive, Gillingham Business Park, Kent, ME8 0LS, UKBeneficiary: Euromoney Seminars Account No: 01938032Sort code: 30-00-02, IBAN No: GB 53 LOYD 300002 01938032Swift Address: LOYD GB2 LCTY quoting ELE854. All charges to be paid by sender.3. CHEQUES should be drawn on a UK Bank and made payable to Euromoney Seminars.A receipted invoice will be sent to all delegates.4. INVOICE me (please note this option is only available on bookings made before12th June 2007, after this date credit card details are required).Please complete and return this form together with a copy of your credit card number,bank transfer or cheque, payable in UK£ to Euromoney Seminars, and send by post or faxto: Euromoney Seminars, Nestor House, Playhouse Yard, London EC4V 5EX, UK• Tel: +44 (0) 20 7779 8999 • Fax: +44 (0) 20 7779 8603• Email: registrations@euromoneyplc.com • www.euromoneyseminars.com/apc07ADMINISTRATIVE INFORMATION2nd Annual Airport Finance & Investment Conference • Tuesday 26th & Wednesday 27th June 2007CANCELLATION POLICY:If you cannot attend you must cancel your registrationin writing by 12th June 2007 to receive a refund lessa 10% administration charge. We cannot accept verbalcancellations. Cancellations received after 12th June 2007are liable for the full conference fee. We suggest you senda substitute to attend in your place at no extra charge.REGISTRATION FEE:The registration fee includes participation in the conference,lunches and documentation material, which will be distributedat the beginning of the event. All bookings are consideredbinding on receipt of the booking form.CANNOT ATTEND?Please pass this brochure on to a colleague or you canpurchase the documentation for £399 (includes courierdespatch). If your company is registered within the EUplease supply your VAT number.Standard Conference FeeOne Delegate £1,099 + VAT@17.5% (£200 Saving) £1,299 + VAT@17.5% Two Delegates £2,198 + VAT@17.5% (£400 Saving) £2,598 + VAT@17.5% Three Delegates £3,297 + VAT@17.5% (£600 Saving) £3,897 + VAT@17.5% Title/First Name/Last Name:Position:Address:Postcode:Tel:Email:Registration FeesTitle/First Name/Last Name:Position:Address:Postcode:Tel:Email:Title/First Name/Last Name:Position:Address:Postcode:Tel:Email:Company:DELEGATE 1Country:Fax:Company:DELEGATE Country: 2Fax:Company:DELEGATE Country: 3Fax:For immediate information onthis and related events, please callUK +44 (0) 20 7779 8050or alternatively emailprisebury@euromoneyplc.com5 EASY WAYS TO REGISTERwww.euromoneyplc.comEmail: prisebury@euromoneyplc.comFax: (UK) +44 (0) 20 7246 5200Telephone: (UK) +44 (0) 20 7779 8050Post: Paul Risebury,Euromoney Seminars,Nestor House,Playhouse Yard, London EC4V 5EX, UKFor further information on sponsorship or exhibitionopportunities please contactTel: +44 (0) 20 7779 8673Fax: +44 (0) 20 7246 5200Email: prisebury@euromoneyplc.comVENUE:Hyatt Regency London - The Churchill30 Portman Square,London, England W1H 7BHTel: +44 (0)20 7486 5800Fax: +44 (0)20 7486 1255Nearest Underground Station: Marble ArchTRAVEL & ACCOMMODATION:For all Accommodation please contact Reservationsat Banks Sadler on +44 (0) 1904 682 639 or emaileuromoneyseminars@banks-sadler.co.uk Banks Sadlerhave negotiated preferential room rates on behalf of allEuromoney delegates and look forward to assistingyou with the best accommodation for your budget.