Airports of Thailand Plc. Airports of Thailand Plc. Corporate - PDF document

Airports of Thailand Plc. Airports of Thailand Plc. Corporate Presentation Corporate Presentation – – Q2_FY08 Q2_FY08 (January 2008 – (January 2008 – March 2008) March 2008) Investor Relations Center, Email: aotir@airportthai.co.th, Tel: (662) 535-5900, Fax (662) 535-5909 Disclaimer This presentation is intended to assist investors to better understanding the company’s business and financial status. This presentation may contain forward looking statements relate to analysis and other information which are based on forecast of future results and estimates of amounts not yet determinable. These statements reflect our current views with respect to future events which relate to our future prospects, developments and business strategies and are not guarantee of future performance. Such forward looking statements involve know and unknown risks and uncertainties. The Actual result may differ materially from information contained in these statements. 1

Agenda o Business Overview o Air Traffic Statistics o Financial Highlights o Q & A 2 Airports in Thailand Total of 37 airports CHIANG RAI CHIANG MAI INTERNATIONAL INTERNATIONAL AIRPORT Airports of Thailand Public Company Limited * AIRPORT � � 2 in Bangkok and perimeter Pai Suvarnabhumi Airport (BKK) o Mae Hong Son Nan o Don Muang International Airport (DMK) Lampang Phrae Udon Thani � 4 international airports at regional sites Sukhothai Nakhon Phanom Tak Loei o Chiang Rai International Airport (CEI) Mae Sot Sakon Nakhorn Phitsanulok Khon Kaen Chiang Mai International Airport (CNX) Phetchabun o Roi Et Phuket International Airport (HKT) o Buri Ram DON MUANG Hat Yai International Airport (HDY) o Ubon Ratchathani INTERNATIONAL Nakhon Ratchasima AIRPORT SUVARNABHUMI AIRPORT SUVARNABHUMI AIRPORT AOT Airports Department of Civil Aviation (DCA) � U-Tapao Hua Hin o 27 regional airports DCA Airports Trad Bangkok Airways Airports Chumpon Royal Thai Navy � Royal Thai Navy Airport Ranong o U-Tapao Airport Surattani Samui HAT YAI Bangkok Airways Company � Nakhon Si Thammarat INTERNATIONAL AIRPORT Sukhothai Airport o Krabi PHUKET Samui Airport o INTERNATIONAL Trang Pattani Trad Airport AIRPORT o Narathiwat * Note: AOT’s traffics account for more than 90% of Thailand’s air traffics. 3

Business Overview Fact Sheet Shareholders Information HSBC Airports of Thailand PLC State Street State Street (Singapore) Goldman Bank and Bank and Nominees Sachs � Listed on 11 March 2004 Trust Trust Pte Ltd. International � Shares outstanding Company For 1,428.57million Company 2.31% 1.3% Nortrust Australia � Shareholders 2.31% Nominees 2.59% Thai NDVR Ltd. •Ministry Of Finance 70% 0.94% 4.22% •Free Float 30% Chase Others � Average Daily Market Cap (Jan – Mar 07) Nominees 11.74% Limited •BHT 79,444.37M 4.59% •US$ 2,503.76M Ministry of Fiscal EPS Dividend Dividend Dividend Finance 70.84% Year * (Baht) per share payout Yield (Baht) (Year End) ratio 2004 3.85 1.20 37.83% 2.41% As at January 2008 2005 5.19 1.70 37.89 % 3.40% Dividend Policy 2006 7.26 2.75 37.85 % 4.74% Not less than 25% of net profit of the company for each year after deduction of all specified reserves, 2007 0.77 0.40 51.95% 0.64% subject to our investment plans and other considerations that our Board of Directors deems *Note: In FY2006 AOT paid dividend twice: - On 12 Oct 2006 (Baht 0.95 per share) appropriate - On 23 Feb 2007(Baht 1.80 per share) 4 Airport Capacities Area Capacity Runways Cargo Airports Aircraft Passenger Total Area Terminal Area (Meters) (Acres) (Sq.m.) (Million Metric (Flight/hour) (Million/year) Tons/year) 60 x 3,700 BKK 8,000 563,000 76 45 3.00 2 60 x 4,000 60 x 3,700 DMK 1,552 391,316 60 36.5 0.91 2 45 x 3,500 HKT 47 23,369 20 6.5 0.036 1 45 x 3,000 CNX 642 31,301 24 8 0.035 1 45 x 3,300 HDY 28 14,656 20 1.9 0.013 1 45 x 3,050 CEI 15 16,650 12 1.7 0.005 1 45 x 3,000 Chek Lap Kok 3,101 710,000 55 48 3.00 2 60 x 3,800 60 x 4,000 Changi 3,212 1,043,020 n/a 68.7 2.00 2 60 x 4,000 Incheon 13,880 496,000 n/a 44 2.00 2 60 x 3,750 5

Aircraft Movement Statistics AOT Traffics LCCs Traffics Major LCCs Airline (Unit: Thousand) 11.4% (Unit: Thousand) • Domestic 6.0% 390.3 Thai Air Asia 350.3 330.4 34.3% Nok Air 105.2 175.1 One Two Go Airlines 148.5 32.0% 136.7 78.3 • International 59.3 78.9 6.1% Air Asia 17.1% 59.4 Tiger Airways 106.6 100.5 215.2 43.5 201.8 30.2 193.7 25.8 48.5 Jetstar Asia 44.7 22.8 19.5 Jetstar Airways 26.3 55.8 58.1 18.9 15.8 6.3 7.4 CEBU Pacific Air 2005 2006 2007 Q2_07 Q2_08 2005 2006 2007 Q2_07 Q2_08 Firefly International Domestic International Domestic Mahin Lanka Airlines Q2_FY07 Q2_FY08 YoY% Q2_FY07 Q2_FY08 YoY% Air India Express BKK 73,005 67,043 BKK 15,750 11,553 Indonesia AirAsia DMK 5,722 15,530 DMK 599 7,888 BKK + DMK 78,727 82,573 4.89% BKK + DMK 16,338 19,441 18.91% Note 10,674 12,126 13.60% HKT 3,590 4,051 12.84% HKT CNX 6,769 7,209 6.50% CNX 2,884 3,389 17.51% AOT Average Aircraft Movement Growth Rate HDY 2,934 2,796 -4.70% HDY 2,248 2,089 -7.07% for the last 6 year is 9.8% CEI 1,393 1,903 36.61% CEI 734 1,286 75.20% * Note: Fiscal Year starting from October to September 6 Passenger Movement Statistics AOT Traffics LCCs Traffics (Unit: Million) (Unit: Million) 8.1% 9.5% 56.0 30.4% 12.0 51.8 Major Events 47.3 29.5% 20.8 2004 9.2 18.7 17.4 • Bird Flu 7.1 9.1 • Southern Violence 11.5% 21.2% 2005 7.0 • Tsunami 5.5 3.7 16.5 35.2 14.8 33.1 3.0 29.9 2006 6.2 5.5 2.8 2.3 • Coup D’etat 2.9 10.3 2.2 9.3 1.6 0.9 •Southern Violence 0.7 2005 2006 2007 Q2_07 Q2_08 2005 2006 2007 Q2_07 Q2_08 International Domestic International Domestic Note Q2_FY07 Q2_FY08 YoY% Q2_FY07 Q2_FY08 YoY% AOT Average BKK 11,665,008 11,368,931 BKK 1,833,202 1,402,484 Passenger DMK 125,644 1,692,505 DMK 68,717 955,296 Movement Growth BKK + DMK 11,790,652 13,061,436 10.78% Rate for the last 6 BKK + DMK 1,901,919 2,357,780 23.97% year is 8.4% HKT 1,652,955 1,925,647 16.50% HKT 435,884 504,358 15.71% CNX 879,175 937,718 6.66% CNX 362,537 402,973 11.15% HDY 319,239 375,800 17.72% HDY 242,116 277,076 14.44% CEI 187,767 234,719 25.01% CEI 90,622 134,693 48.63% 7

Airport Revenues Landing & Parking Charges 20% increased on Jan 1 st , 2005 15% increased on Apr 1 st , 2007 Aeronautical Passenger Service Charges (PSC) Effective on Feb 1 st , 2007 70.06% THB 500 to THB 700 - International PSC (End of Q2_08) THB 50 to THB 100 - Domestic PSC Aircraft Service Charges Fees paid by airlines for use of boarding bridges, varies by maximum take off weight of the aircraft and length of time at a gate Office & State Property Rental Rental tenants include airline, government agencies and concession tenants. Rents are determined based on the tenants ’ business use at each of our airports. Non-Aeronautical Service Varies by activities such as Utilities, Check-in Counter Services, Airline Announcement Services, Hydrant 29.94% System Services, etc. Concession Varies by activities such as Duty Free, Souvenirs, (End of Q2_08) Food & Beverage, Airline Catering, Fueling Services, Car Parking, Advertising, Banking, etc. 8 Revenue Breakdown Total Revenue By proportion 20.07% (Unit: Million) Q2_FY07 Q2_FY08 9.04% 19,501.41 4.83% 18.70% 8.72% 18.06% 16,240.73 14.72% 14.09% 14,894.40 5.91% 7.14% 2.23% 21.88% 1.91% 6,061.66 4,973.61 50.08% 53.61% By Growth (Unit: Million) 2005 2006 2007 Q2_07 Q2_08 FY2006 FY2007 YoY(%) Q2_07 Q2_08 YoY(%) LPC 3,468.48 3,937.40 13.52% 930.19 1,094.80 17.70% Landing & Parking charges (LPC) Passenger service charges (PSC) PSC 6,459.46 8,781.48 35.95% 2,665.92 3,035.73 13.87% A/C Service charges (ASC) ASC 312.98 427.10 36.46% 110.95 116.01 4.56% Office and state property rents (OPR) OPR 962.72 1,524.61 58.36% 293.91 432.94 47.31% Service revenues (SVR) SVR 932.72 2,818.54 202.18% 732.31 853.86 16.60% Concession revenue (CCR) 4,104.49 2,012.28 (50.97)% 240.33 528.31 119.83% CCR 9 * Note: Fiscal Year starting from October to September