New Swissport activities in Africa and South America

Zurich, June 14, 2000 - The continuous expansion of business opportunities in Africa, South America and the Caribbean represents the main emphasis of Swissport International Ltd.’s forward-looking strategy. Swissport aims to consolidate its position as the world’s leading ground handling company. Setting a new trend, Swissport has been active in the e-business field since June 1, offering customers an attractive 24-hour Internet service.

Swissport International, the SAirGroup’s ground handling subsidiary recently was awarded a concession as the sole ground handler at the international airport in Tanzania. As a result of the ongoing privatisation of airports in Tanzania, Swissport also acquired a majority stake in the Dar es Salaam Airport Handling Company Ltd. (DAHACO), allowing Swissport to offer its services at both Dar es Salaam International Airport and Kilimanjaro International Airport. Tanzania marks the third African location for Swissport.

New stations in South America…

On June 1 of this year Swissport Brasil commenced activities at the airport in Viracopos, Brazil. Viracopos is Swissport’s ninth Brazilian airport.

In Argentina Swissport has created a joint venture with Aeropuertos Argentina 2000. Swissport Argentina S.A. will begin operations on August 1, 2000 by offering services at Buenos Aires Airport. Plans call for handling activities at other Argentinean airports.

… and in Central America and the Caribbean

As part of the plan for the privatisation of the four largest airports in Honduras (Tegucigalpa, San Pedro Sula, Roatan and La Ceiba), Serlipsa-Swissport, the Peruvian Swissport subsidiary, has joined forces with San Francisco Airport to form a consortium that was granted a concession for ground handling activities at these airports.

Together with local joint venture partners Swissport has also acquired an operating license for passenger handling at the three airports most frequented by tourists in the Dominican Republic. Swissport plans to take up activities as of August 1, 2000 at the Santo Domingo, Punta Cana and Puerto Plata airports.

Swissport also no. 1 in e-business

Swissport has been active in e-business since June 1 and is the first ground handling provider to offer a semi-automated request for proposal quoting system via Internet. The initial release of "EASYcontact” makes it possible for airlines to quickly and simply inquire about a service they may need with the responsible Swissport professional. This service is available on the Swissport Web site around the clock. After submitting an inquiry the customer is then given an offer via e-mail a short time later.

Swissport International Ltd. is the leading ground handling company in the world and handles some 53 million passengers a year for more than 300 airlines at 118 airports. In 1999 Swissport generated consolidated operating revenue of CHF 700 million and employs more than 15,000 staff in 22 countries on four continents.