Investor Presentaiton

Cairns Historical Financials A$m, financial year to June FY06 FY07 FY08 FY09 CAGR FY06-09 Revenue 61.3 63.0 66.4 57.6 (2.1%) Expenses* EBITDA * (14.2) (15.7) (18.2) (20.5) 13.0% 47.1 47.3 48.2 37.0 (7.7%) Non- Aeronautical 40% FY09 Revenue Breakdown Aeronautical 60% Property Rentals 28% Retail and Advertising 35% Ground Transport 37% Total Revenue A$57.6m Total Non-Aeronautical Revenue A$23.1m *Source: NQA. FY06-08 under public ownership Cairns Airport was part of Cairns Port Authority and not a standalone airport and the above results do not include any allocation of corporate costs. FY09 figures are estimates and represent a combination of the financial results of the three different ownership regimes and are inclusive of corporate costs. A | Auckland Airport 24

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