Grupo Aeroportuario del Pacifico Reports Capital Expenditure Figures for the Next Five-Year Period (Quinquennium)
Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the
Company” or “GAP”) announced today the projected capital expenditure figures
for the 2010-2014 period. This five-year period is also referred to as the
“Quinquennium”.
The following figures reflect the total investments approved by the
Ministry of Communications and Transportation in the Master Development
Program for the 2010-2014 period, and are expressed in Pesos as of
31, 2007
Construction Price Index published by the Mexican Central Bank each given
year. As a result, the commitment for each year may vary from the figures
expressed in the following table, per the inflation value measured in terms of
the Construction Price Index.
Projected CAPEX Figures:
Airport* 2010 2011 2012
AGU 6,328,671 4,846,000 1,450,000
BJX 13,310,937 35,463,941 37,687,400
GDL 102,143,667 197,050,000 138,683,152
HMO 18,173,283 24,675,462 12,900,000
LAP 2,200,000 2,800,000 8,500,000
LMM 13,400,000 8,300,000 19,300,000
MLM 14,106,000 10,270,000 13,467,500
MXL 7,700,000 6,900,000 7,294,981
PVR 113,328,250 186,582,629 92,500,000
SJD 151,232,034 342,352,400 192,200,000
TIJ 96,720,748 167,515,252 27,304,455
ZLO 15,260,000 2,700,000 10,930,000
TOTAL 553,903,590 989,455,684 562,217,488
Airport* 2013 2014 Total 2010-2014
AGU 7,144,250 550,000 20,318,921
BJX 6,495,213 3,000,000 95,957,491
GDL 210,340,167 171,416,100 819,633,086
HMO 2,032,000 13,300,000 71,080,745
LAP 41,290,000 2,750,000 57,540,000
LMM 24,910,000 2,700,000 68,610,000
MLM 2,757,500 634,372 41,235,372
MXL 10,684,000 1,679,500 34,258,481
PVR 24,200,000 21,800,000 438,410,879
SJD 38,010,000 30,800,000 754,594,434
TIJ 8,300,000 3,431,616 303,272,071
ZLO 35,186,300 1,669,333 65,745,633
TOTAL 411,349,430 253,730,921 2,770,657,113
* The airports above are listed in the following order:
Company Description:
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP) operates twelve
airports throughout
Cabos
2006
symbol “PAC” and on the Mexican Stock Exchange under the ticker symbol “GAP”.
This press release may contain forward-looking statements. These
statements are not historical facts, and are based on management’s current
views and estimates of future economic circumstances, industry conditions,
company performance and financial results. The words “anticipates,”
“believes,” “estimates,” “expects,” “plans” and similar expressions, as they
relate to the company, are intended to identify forward-looking statements.
Statements regarding the declaration or payment of dividends, the
implementation of principal operating and financing strategies and capital
expenditure plans, the direction of future operations and the factors or
trends affecting financial conditions, liquidity or results of operations are
examples of forward-looking statements. Such statements reflect the current
views of management and are subject to a number of risks and uncertainties.
There is no guarantee that the expected events, trends or results will
actually occur. The statements are based on many assumptions and factors,
including general economic and market conditions, industry conditions, and
operating factors. Any changes in such assumptions or factors could cause
actual results to differ materially from current expectations.
In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and
article 42 of the “Ley del
“whistleblower” program, which allows complainants to anonymously and
confidentially report suspected activities that may involve criminal conduct
or violations. The telephone number in
that is in charge of collecting these complaints, is 800-759-0045. GAP’s Audit
Committee will be notified of all complaints for immediate investigation.
For more information, visit: http://www.aeropuertosgap.com.mx or contact:
In Mexico
Miguel Aliaga, Investor Relations Officer
Grupo Aeroportuario del Pacifico, S.A.B. de C.V.
Tel: 01 (333) 8801100 ext 216
maliaga@aeropuertosgap.com.mx
In the U.S.
Maria Barona / Peter Majeski
i-advize Corporate Communications
Tel: 212 406-3690
gap@i-advize.com
SOURCE Grupo Aeroportuario del Pacifico, S.A.B. de C.V.

