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2005-07-31 18:46:59

Budapest Airport: detailed information to ÁPV Rt.

In accordance with the request of State Privatization and Holding Co. Ltd. (ÁPV Rt.), Budapest Airport Rt. provided the owner with detailed information on its planned cargo base project.

BA Rt. sent the contract aimed at acquisition of the cargo base development land to ÁPV Rt. and summarized the decision-making process preceding contracting. During this process 18 board approvals were adopted by the board of directors and supervisory boards of the Company and ÁPV Rt. There was no cash movement in relation to the contract. The agreement may come into force subject to several criteria, which have not been met yet.

Further information
Ibolya Fórika
Communication Directorate Budapest Airport Rt.
Phone: +36 30 555 9184