AIA – NQA Sale Update

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Market Release | 3 January 2018

NQA Sale Update


In August 2017, Auckland Airport announced completion of a strategic review of our
24.55% stake in North Queensland Airport, confirming it remains a highly attractive asset
but not integral to our current business strategy. We identified three potential outcomes
at the start of the NQA process:
1. Continue to hold;
2. Sell to one or more of the existing NQA shareholders in accordance with the
security holders agreement; or
3. Sell to third party in accordance with the security holders agreement.
All three options remain on the table and we remain comfortable with each outcome,
albeit our preference remains to sell this non-strategic asset. We have encountered
strong buyer interest and expect to provide a more detailed market update on or before
our FY18 Interim Results announcement in February 2018.

Ends
For further information, please contact:
Suzannah Steele
+64 27 203 2822
suzannah.steele@aucklandairport.co.nz