Release Date: 9 Sep 2008

Statement form Brian Ambrose, chief Executive of George Best Belfast City Airport ("BCA").

"Ferrovial Aeropuertos, S.A., subsidiary of Ferrovial Infraestructuras, S.A., in turn subsidiary of Grupo Ferrovial, S.A., has agreed to sell its 100% interest in Belfast City Airport Limited (BCA) to ABN AMRO Global Infrastructure Fund for a price of £132.5m.

The sale is the result of Ferrovial's strategy to focus its UK airport business within the BAA group, manager of various UK airports. The capital gain on sale, in accordance with preliminary calculations, is £85m.

Completion of the transaction is expected to take place towards the end of September 2008.

The sale does not affect the day-to-day business of the airport and we look forward to continuing to serve both our business partners and our customers. We also look forward to continued investment in the airport facilities."

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