DAA Finance Plc Statement

EUR250,000,000 6.15 per cent. notes due 2011 of DAA Finance plc,
guaranteed by Dublin Airport Authority plc (ISIN:XS0124714832)

EUR600,000,000 6.5872 per cent. notes due 2018 of DAA Finance plc,
guaranteed by Dublin Airport Authority plc (ISIN:XS0375220588)

Standard & Poor’s Rating Services (“S&P”) has today changed Dublin Airport Authority plc’s (“DAA”) long-term corporate credit rating from BBB+ (Negative) to BBB (CreditWatch Negative).  Consequent upon their lowering of the ratings on Ireland to ‘A/A-1’ (CreditWatch negative) earlier this week, in accordance with their criteria on government-related entities, S&P has removed the one-notch uplift it previously applied to DAA’s stand-alone credit profile for extraordinary support.
At the same time, DAA’s short term credit rating was also changed from A-2 to A-3.

Enquiries: Ray Gray, Director, DAA Finance plc
Telephone number: +353 1 814 5265

Feargal O’Reilly, Director, DAA Finance plc
Telephone number: +353 1 814 1690