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Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Informs Regarding the Conclusion of the Riviera Maya Airport Bid

Dépèche transmise le 23 mai 2011 par Business Wire

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Informs Regarding the Conclusion of the Riviera Maya Airport Bid

Grupo Aeroportuario del Pacifico, S.A.B. de C.V. Informs Regarding the Conclusion of the Riviera Maya Airport Bid

GUADALAJARA, Mexico--(BUSINESS WIRE)--Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) updates regarding the proposal presented to the Ministry of Communications and Transportation (“SCT”) to participate in the bid for the Riviera Maya Airport project presented by the Company in conjunction with Grupo Mexico on April 28, 2011. As per a notification received from the SCT, all proposals for this concession were found deficient and voided.

The notification states that, upon completing the technical review phase, the SCT concluded that none of the proposals comply with the general bid requirements; therefore, the international public bidding process for the construction, administration, operation and exploitation of the airport located in the municipality of Tulum was declared deserted or void.

Also, according to the notice, all economic proposals will be returned unopened to the participants as soon as possible.

Company Description:

Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker 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 view 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 Mercado de Valores”, GAP has implemented a “whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that may involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party that is in charge of collecting these complaints, is 01-800-563-0047. The web site is http://www.lineadenuncia.org/gap. GAP’s Audit Committee will be notified of all complaints for immediate investigation.

Business Wire

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