Termination of the Merger Implementation Agreement with DAE

(CAPA) Auckland International Airport Limited (AIAL) and Dubai

Aerospace Enterprise (DAE) Ltd announced that AIAL and DAE have completed the

consultation process required under the Merger Implementation Agreement (MIA).

AIAL and DAE have determined that, in light of the circumstances, they have

no alternative but to terminate the MIA on a mutually acceptable basis, including

that each party bears its own costs.