VERONA AIRPORT SYSTEM PROFILE

Catchment area: a strategic location

Verona and Brescia airports

Verona airport

Verona airport: shareholders Altri Enti Banco Popolare di Verona e Novara Provincia Verona Provincia Trento Provincia Brescia Provincia Bolzano Fondazione Cassa di Risparmio di VR-VI-BL-AN CCIAA Brescia Comune di Villafranca Comune Verona CCIAA Verona

Verona airport: key factors Second Italian airport for charter flights Core business: business & charter flights Strategic location in Northern Italy Attractive and competitive traffic catchments area 3,000 m. take-off/landing Runway, cat. IIIB ILS and hangar 3,5 million passengers in 2007 (+17% vs 2006)

Verona passengers traffic 1996-2007 Thousands of passengers 3,5 million 3.500 3.250 3.000 2.750 2.500 2.250 2.000 1.750 1.500 1.250 1.000 750 500 250 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

Verona traffic distribution 2007 65% International 35% Domestic

Verona traffic distribution 2007 63% Scheduled flights www.aeroportidelgarda.it 37% Charter flights

Hangar Larghezza: 80.9m Profondità: 64m Altezza porte: 17m

New Arrival Terminal

Verona new departure terminal

Verona new departure terminal Retail area + 50%

Turnover and Profits TURNOVER non aviation 25% aviation 75% PROFITS non aviation 68% aviation 32%

Non aviation turnover growth Thousands of euro 60.000 50.000 40.000 30.000 20.000 10.000 19,3% 21,5% 24,2% 24,8% 0 2004 2005 2006 2007 non aviation turnover aviation turnover

Development scene in the short term

Development scene in the mid term

Development scene in the long term

Interconnections The new highway gate The railway link Verona-Mantova The connection with the new automobile race track The People Mover link with the city of Verona

The access from the current gates VR Nord: 6.6 km Sommacampagna: 7km Nogarole Rocca: 17.5 km Verona VR Sud: 8.8 km

The new highway gate

Railway connection

Railway connection Mantova Trento Verona Vicenza

The new automobile race track

People mover Quadrante Europa Aeroporto Stazione FS Fiera VR Sud

Brescia airport

Brescia airport: shareholders Brescia Chamber Of Commerce Brescia Provincial Authority 7,5% 7,5% 85% V. Catullo Verona Airport

Brescia airport: key factors Open to commercial air traffic in March 1999 260,000 passengers in 2008 3,000 m Runway (ILS Cat. IIIB) 4,200 sq.m Cargo center (work in progress: 10,000 sq.m available by the end of the 2008) Strong Far East cargo traffic increase Jade Cargo Int. operates 3 weekly B747-400ERF flights to Shenzhen (Pearl River delta region), Osaka and Seul.

Brescia: freight traffic development (tons) 50.000 45.000 40.000 35.000 30.000 25.000 20.000 15.000 10.000 5.000 0 2004 2005 2006 2007 2008 Cargo Mail

Brescia airport: freight traffic growth Italy freight traffic 2004 (tons): Italy freight traffic 2008 (tons): N. Aeroporto Merci Avio Merci Superfi cie Posta TOTALE 1 Milano MXP 347.065 14.172 361.237 2 Roma FCO 132.020 43.077 175.097 3 Bergamo 129.634 1.340 130.974 4 Milano LIN 16.558 9.077 25.635 5 Venezia 8.791 10.415 3.151 22.356 6 Roma CIA 21.730 21.730 7 Bologna 11.130 8.237 1.738 21.106 8 Treviso 17.924 102 18.026 9 Torino 3.239 11.537 1.218 15.994 10 Verona 475 11.186 1.098 12.759 11 Pisa 8.491 2.455 1.143 12.089 12 Catania 6.684 37 3.361 10.082 13 Napoli 2.450 2.589 2.578 7.617 Brescia 14 Genova 607 4.326 1.409 6.342 15 Ancona 4.672 92 1.116 5.880 16 Palermo 2.738 2.246 4.984 17 Bari 1.633 2.636 4.269 18 Cagliari 2.472 1.641 4.113 19 Rimini 3.376 3.376 20 Firenze 1.873 1.475 3.348 21 Lamezia T. 477 139 2.087 2.703 22 Pescara 1.043 1.108 2.151 23 Forlì 1.601 1.601 24 Alghero 421 46 734 1.200 25 Olbia 982 982 26 Brescia 817 33 850 27 Brindisi 531 273 804 28 Trieste 301 427 49 777 N. Aeroporto Merci Avio Merci Superficie Posta TOTALE 1 Milano MXP 403.585 12.367 415.952 2 Roma FCO 137.425 15.781 153.206 3 Bergamo 122.266 132 122.398 4 Brescia 9.571 55 30.341 39.967 5 Venezia 20.817 8.024 1.843 30.682 6 Bologna 24.680 1.816 26.497 7 Milano LIN 16.043 3.965 20.006 8 Roma CIA 19.637 7 19.644 9 Torino 1.249 8.875 1.674 11.798 10 Pisa 8.367 1.635 1.457 11.459 11 Catania 5.623 41 3.144 8.808 12 Treviso 8.644 2 8.646 13 Verona 534 6.975 5 7.514 14 Ancona 5.490 26 925 6.441 15 Napoli 1.388 2.182 2.231 5.800 16 Genova 379 3.868 1.064 5.311 17 Cagliari 2.536 2.355 4.891 18 Palermo 2.118 2.202 4.320 19 Bari 1.357 2.544 3.901 20 Pescara 2.170 1.169 3.339 21 Lamezia T. 132 1.846 1.978 22 Firenze 85 1.840 1.927 23 Rimini 1.884 1.884 24 Alghero 625 682 1.308 25 Trieste - Ronchi dei L. 187 927 1 1.115 26 Olbia 802 802 27 Reggio Cal. 180 180

Brescia airport: the new base for Poste Italiane Air links 24 daily flights Road links 28 daily trips TORINO GENOVA ALGHERO VBS PISA - - ROMA ANCONA PESCARA NAPOLI -00:50 BARI BRESCIA MILANO VBS BOLOGNA VERONA PADOVA VENEZIA 23:55-01:50- CAGLIARI LAMEZIA PALERMO CATANIA = 40,000 tons/year

Garda Cargo Center 5.500.000 2005

Brescia Airport 2004

The capacity target for this phase will be 1.9 million passengers per year. 52 stands are scheduled mainly 17 for the cargo area, 16 for general aviation, 2 for de-icing. The remainings for commercial aviation. The fundamental works will be the prolongation of the runway and the creation of a new RET (RAPID EXIT TAXIWAY) 2014

Development scene in the short term 2018

The scheduled works will achieve the plan s final configuration and capacity. The estimated capacity will be 2.9 million passengers traffic per year and 24.500 traffic movements per year. 2024

Development scene in the long term 2044

Piano d Area

Future interconnections: BreBeMi Aeroporto D Annunzio

Future interconnections: High Speed railway Aeroporto D Annunzio Aeroporto D Annunzio Stazione ferroviaria Terminal

Verona and Brescia employment Direct 1,700 Indirect + Induced 5,000 I.E. New VBS Postal activity +200 employees

1.1 OUR SCHEDULED AIRLINE PARTNERS

1.2 SCHEDULED AND CHARTER DESTINATIONS AGADIR CHANIA ISOLA DI SAL MARRAKECH PANTELLERIA TEL AVIV ALEPPO CHISINAU IZMIR MARSA ALAM PARIS TENERIFE AMSTERDAM COLOGNE KARPATHOS MARSA MATROUH PORTO SANTO TIMISOARA ANTALYA CRETA KOS MINORCA PRISTINA TIRANA ARAD CROTONE LAMEZIA TERME MOMBASA REGGIO CALABRIA TORTOLI' BARCELONA DAMASCO LAMPEDUSA MONASTIR RODI TUNISI BARI DJERBA LANZAROTE MOSCOW ROME VILNIUS BERLIN DUSSELDORF LARNACA MUNCHEN SAMOS WIEN BOAVISTA EL ALAMEIN LONDON MYKONOS SAN PETERSBURG ZANZIBAR BRINDISI ERCAN LOURDES NAPLES SANTORINI BUCAREST FRANKFURT LUXOR OLBIA SHARM EL SHEIKH CAGLIARI FUERTEVENTURA MALAGA OUJDA SKIATHOS CAIRO GRANCANARIA MALTA PALERMO TABARKA CATANIA HURGHADA IBIZA PALMA DI MAIORCA TALLINN