Investment Highlights

Key value • Long-term concession investments in attractive drivers locations in Matters Strategic

• Established regulatory framework

Financial • Track record of consistent passenger growth Information

• Balanced mix of international and domestic traffic Revenues Commercial Commercial • Successful, market leading commercial business

strategy

Operational Information • Strong cash flow profile and solid balance sheet

• Robust corporate governance and board of directors

Regulation with experienced management

Overview Company

Page 2 Page Page Company Operational Commercial Financial Strategic Regulation 3

Overview Information Revenues Information Matters Geographical presence Mexico in locations attractive in from November 1998 concessions airport year 50

Cancún: Close to major U.S. destinations

Illustrative flight times Matters Strategic from various

destinations Financial Information

Revenues Commercial Commercial

Operational Information

Regulation

Overview Company

Page 4 Private airports / airport groups listed on global stock exchanges

ASUR and GAP are the only Latin American

Airport Groups listed on NYSE Matters Strategic

Financial Information

Revenues Commercial Commercial

Operational Information

Regulation

Overview Company

Page 5 Ownership overview

FCHP & ADO Matters Strategic

Financial Information

Revenues Commercial Commercial

Operational Information

Regulation

Overview Company

Page 6 Established regulatory framework with a track record of rate setting precedents

Dual Till System Matters Strategic

Regulated + Non Regulated Financial

Information Revenues

Revenues Commercial Commercial

Operational Information

Regulation

Overview Company Note: 2011 Revenues per PAX, expressed In nominal pesos as of Dec 2011; passenger traffic excludes transit and general aviation passengers Page 7 Visibility of capital expenditure requirements through 2013

MDP investment commitments (expressed in June 2012 Million Pesos)

9,902M 1,318 1,209 1,109 invested 1,015 1,038 1,047 1,012 Matters Strategic 1999-2011 855

677 699 626 496

Financial 269 Information 170 242 2

2000 1 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Revenues Commercial Commercial

• Visibility on capital expenditure requirements, as maximum rate negotiated along with Master Development Plan (MDP) is a function of programmed capex

• Key projects completed: • Key future projects: Operational Information  

1999: Government capex backlog Terminal building expansion in Huatulco, Mérida,  2005: 9/11 security standards Oaxaca, Veracruz and Villahermosa  2006-2007:Terminal 3 and second runway in Cancun  Relocation of the General Aviation Apron in Cancun

Regulation  Passenger flow separation in Cancun

 Runway expansion in Huatulco  Taxiway expansion in Veracruz

1 Committed investments from May 1999 to Dec 2000

Overview 2 Company 242 million pesos have been paid each year (anticipated) – Terminal 3 & Second Runway – Cancún Airport Note: Committed investments according to Master Development Plan, expressed in million pesos as of June 2012 based on the Mexican construction price index Page 8 in accordance with the terms of the Master Development Plan; ;2012 & 2013 Estimated ASUR’s airports are among the most frequented in Mexico

Mexican Airports by PAX

(thousand PAX) Matters Strategic Pax (‘000s) Var % Airport 2010 2011 11 vs. 10

1 24,131 26,369 9.3% 2 Cancún 12,439 13,023 4.7% 3 Guadalajara 6,954 7,202 3.6% Financial

Information 4 Monterrey 5,380 5,583 3.8%

5 Tijuana 3,650 3,501 -4.1% 6 Los Cabos 2,746 2,807 2.2% 7 Puerto Vallarta 2,735 2,536 -7.3%

Revenues 8 Toluca 2,271 1,689 -25.6% Commercial Commercial

9 Mérida 1,136 1,226 7.9% 10 Hermosillo 1,138 1,201 5.5% 11 Culiacán 1,060 1,071 1.0% 12 Veracruz 834 867 4.0% Operational Information 13 Guanajuato 854 854 0.0% 14 Villahermosa 729 851 16.8% 2011 Total PAX 15 Chihuahua 828 782 -5.6% Int PAX Dom PAX Total PAX 06-11 CAGR 16 Mazatlán 756 722 -4.4% 10,083 7,457 17,540 4.90% Regulation 17 Ciudad Juárez 634 673 6.2% 7,152 13,055 20,208 -0.30%

18 Acapulco 737 596 -19.1% 1,784 9,988 11,773 0.00% 19 Zihuatanejo 497 481 -3.2% All of Mexico 1 28,904 53,155 82,058 2.20% 20 Huatulco 386 460 19.2% Overview Company 1 According to the Communications and Transport Ministry’s website Page 9 Source: Company financials, AICM website: Note: Selected airport sample includes ASUR, GAP, OMA and OHL concessions and the Mexico City airport; PAX traffic excludes transit and general aviation PAX Revenue and passenger breakdown

2011 Revenue per PAX:

Ps.220 Matters Strategic 2011 Revenues by by

business airport Other 11.3% Ps.3,859M Non-aeronautical 35% Regulated Villahermosa Commercial 69% 3.6% Financial Information 31% Merida

5.8% Cancun 79.3% Revenues Commercial Commercial

Aeronautical 65%

2011 PAX by type by airport

Operational Information Other 13.8%

17.5M Veracruz Domestic 4.9% 43% Merida Cancun Regulation 7.0% 74.2%

International 57% Overview Company Source: Company filings; Note: Non-aeronautical revenues are derived from leasing of space in airports to , restaurants, retailers and other commercial tenants and access fees collected from third parties providing complementary services (such as catering, handling, and ground transport). Commercial revenues are all non-aeronautical and include revenues related to retail (duty free & duty paid), food & beverages, Page 10 advertising, banking & foreign exchange, car rental, car parking, ground transport, teleservices and others. Revenues from Construction Services are not included. PAX traffic excludes transit and general aviation. ASUR traffic evolution

1990 – 2011 Domestic International Cancun Airport 17.8 17.5

CAGR: 5.6% 16.7 16.2 10.1 10.1 Matters Strategic 15.5 9.8 9.1 14.6

13.9 8.8 13.8 13.4 13.3 13.0 8.6 12.6 12.4

12.2 8.0 8.1

11.4 11.3 11.2 11.2 11.0 Financial

10.6 7.1 Information 6.8 10.0 9.8 6.6 9.7 8.2

9.4 6.4 9.3

5.9 8.7

8.5 7.9

8.3 5.4 8.0 7.8 5.0 7.7 7.6 7.7 7.4 3.6 7.0 4.0 4.1

6.2 3.5 6.2 3.1 5.9 Revenues 5.6

Commercial Commercial 5.1 2.8 4.8

4.3 4.4 2.6 3.9 3.4 3.0 6.4 5.5

Operational Information 3.0 3.4 4.3 4.3 4.9 4.0 4.2 4.4 4.4 4.7 4.7 4.6 4.6 5.1 5.3 5.2 5.8 7.2 7.7 6.7 6.9 7.5

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 9M12 9M11

YOY Growth (%) 10.7 19.4 5.4 9.0 (5.9) 3.8 13.3 4.3 8.4 7.7 (1.8) (2.2) 10.9 14.0 (4.1) 3.4 17.8 9.3 (12.5) 7.6 4.9 9.3 Regulation

CAGR ’90–’11 (INT’L): 6.7% Source: ASA from 1990-1998. ASUR management thereafter CAGR ’90–’11 (DOM): 4.4% Overview Company Note: Transit and general aviation excluded CAGR ’90–’11 (Cancun): 7.2% Page 11 ASUR has a balanced mix of domestic and international traffic

Passenger traffic by Origin – Destination

(million PAX) Matters Strategic

Financial Information

% Change % of total CAGR Avg. GDP Region 99 00 01 02 03 04 05 06 07 08 09 10 11 11 vs. 10 2011 1 99-11 99-10 Mexico 5.0 5.0 4.9 4.8 5.3 5.6 5.5 5.9 7.4 8.1 7.0 7.2 7.7 6.2 43.9 3.6 2.4

Revenues (0.1) 35.3 3.5 2.1 Commercial Commercial USA 4.1 4.6 4.5 4.4 4.9 5.9 5.6 5.3 6.0 6.5 5.9 6.2 6.2

Europe 0.7 0.9 0.9 0.8 1.0 1.3 1.2 1.3 1.4 1.5 1.0 1.2 1.3 10.2 7.6 5.7 1.8 Canada 0.3 0.4 0.5 0.6 0.7 0.8 0.8 0.8 1.0 1.3 1.3 1.5 1.7 10.9 9.8 15.8 2.5

Operational Information Latin America 0.5 0.5 0.5 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.3 0.5 0.6 17.5 3.5 1.4 3.0

Asia & Others 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8.1 ASUR 10.6 11.4 11.3 10.9 12.2 13.9 13.4 13.6 16.1 17.8 15.5 16.7 17.5 4.9 100 4.3 3.7 Regulation

1 Note: % of total refers to 2011 figure Note: Excludes transit and general aviation; Source for real GDP growth estimates: International Monetary Fund – average annual real GDP growth from 1999-2010 Overview Company

Page 12 Historically, traffic has recovered and grown after exogenous events

20 May '09: AH1N1 Sep. '08: Financial Crisis Passenger 18 18.8M traffic Oct. '05: Hurricane Wilma

Matters 16 Strategic during last Jul. '05: Hurricane Emily 14 12-months Sep. '01: 9/11 at each 12 Financial Information specific date 10 10.4M (million PAX) 8 8.4M Revenues

Commercial Commercial 6

4

2 Operational Information Note: Note: aviation Excludes general and transit passengers 0 jul-03 jul-08 dic-03 dic-08 oct-04 oct-09 jun-01 jun-06 jun-11 feb-03 feb-08 abr-02 abr-07 abr-12 sep-02 sep-12 sep-07 ene-01 ene-06 ene-11 nov-01 nov-06 nov-11 ago-00 ago-05 ago-10 mar-00 mar-05 mar-10 may-04 may-09

Regulation Domestic International Total

EVENT RECOVERY AFTER Type of PAX Historical Max. (%) Aug 12 vs. Hist. Max Sep ‘01: 9/11 13 months Domestic Sep’12 0.0% Overview Company Oct ‘05: H. Wilma 16 months International Sep ’12 0.0% Page 13 May ‘09: H1N1 26 months TOTAL Sep ’12 0.0% After 4 years, Mexico hasn’t recovered the level of Airplanes Available

2014 Industry Available Airplanes in Mexico Estimates: Matters Strategic 350 a) Existing Airlines 80 307 72 New 304 available jun-08 jun-12 Var. % 300 Airplanes airplanes 40 11 35 24 218% Lost vs. New Airplanes Financial 17 36 19 112%

Information 250 AEROMEXICO 94 109 15 16% 0 VIVAAEROBUS 7 18 11 157% 200 14 16 2 14% 224 -40 5 8 3 60%

Revenues 4 2 (2) (50)%

Commercial Commercial 150 -80

Available Airplanes Available Subtotal 152 224 72 47%

100 -120 b) Suspended Airlines (155) Lost

Operational Information jun-08 jun-12 50 -160 Airplanes

MEXICANA 78 0 (78) 0 -200 ALMA 15 0 (15) AEROCALIFORNIA 22 0 (22) oct-08 oct-09 oct-10 oct-11 feb-09 feb-10 feb-11 feb-12 jun-08 jun-09 jun-10 jun-11 jun-12 8 0 (8) Regulation ALADIA 3 0 (3)

Available airplanes 26 0 (26) Lost airplanes - Suspended Airlines NOVA AIR 3 0 (3) Source: New airplanes - Existing airlines Subtotal 155 0 (155) Overview Company www.airfleets.net

Page 14 www.aerotransport.org Successful commercial strategy

Nominal CAGR 2000 – 2011: 22.1%

(Mexican CPI CAGR 2000-2010: 4.4%) Matters Strategic 2011 commercial revenue per PAX Commercial revenues per passenger per quarter evolution

vs. peers (US$/PAX) (Ps. / passenger in Mexican pesos as of date reported)

80.0 74.6 72.4

Financial 10 Information

70.0 66.2

63.8

61.3 60.6

60.0 57.9 64.4 60.1 50.6 49.3 Revenues 55.9

50.0 46.3 Commercial Commercial 44.1

48.6

40.0 45.9

4.9 31.5 30.0 34.9 Operational Information 34.9 3.4 34.8 21.2

2.8

20.0 17.0 12.5 10.1 8.1 10.0 7.5 Regulation 1 Selected Int ASUR GAP OMA

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 12 0.0 1 International average 2010 includes figures for Fraport, TAV Airports, Copenhagen Airports, Vienna Airport, Aeroports do Paris and Zurich Airport; Note: OMA commercial revenues include parking, advertising, leasing, retail stores, car rental, food & beverage, communications, financial services, ground transportation and time-sharing; GAP commercial revenues include parking, leasing, retail stores, food & beverage, car rentals, time-share, duty free, advertising, communications, financial services and ground transportation; Fraport commercial revenues include real estate, retail, parking, energy supply, advertising and rents; TAV Airports commercial revenues include catering and duty free; Copenhagen Airports commercial revenues include shopping centers, car parking, rents, hotel Overview Company operations and other services; Vienna Airport commercial revenues include parking, rentals, advertising, shopping and gastronomy; Aeroports do Paris commercial revenues include retail stores, duty free, rentals, car parking, industrial services, shops, bars, restaurants, leasing and rentals; Zurich Airport commercial revenues include retail stores, duty free,advertising, car rentals, ground transportation, financial services, food & beverage, rentals and leasing; Converted to US$ at 2011 average FX of Ps.12.35/US$, 1.39 EUR/US$ and 0.92 US$/CHF where applicable; Note: Commercial revenue per passenger recorded in 3Q’05 reflects a one time payment from Dufry Mexico of Ps.39.5mm; Commercial revenue recorded in 4Q’06 reflects a one time payment of Ps.19.1mm from Aldeasa for a new concession Page 15 contract at Terminal 3 in Cancun International. Passenger traffic excludes transit and general aviation; Commercial revenue per passenger CAGR based on full year 2000 and full year 2011 figures Track record of consistent revenue growth and profitability

Total Revenues CAGR 1999 – 2011: 12.9%

Not including Revenues from Construction Services Matters Strategic 1999 – 2011 Revenues EBITDA & EBITDA Margin (Ps. Mm)

Aeronautical Non-Aeronautical Construction 3000CAGR ’06–’11: 13.5% 2,477 69% 2500 4,573 1,985 1,967 2,104 67% 2000

65% Financial 1,707 64.2%

Information 4,235 1500 1,317 62.7% 62.8% 63% 61.3%

714

1000 60.2% 61% 741 58.8% 500 59%

0 57%

Revenues 3,169 3,131 Commercial Commercial 1,361 2006 2007 2008 2009 2010 2011

2,786 1,211 2010 EBITDA margin calculated without Revenues from 1,067 Construction Services for comparability with previous periods 2,239 1,089 1,976 2,064 895

Operational Information Growth rates: ’99 – ’11 CAGR (%) 651 1,467 495 607 Passenger traffic 4.3% 1,159 1,164 1,241 311 2,498 Total revenues 12.9% 897 171 176 239 2,102 2,283 1,891 2,043 Regulation 137 1,481 1,457 1,588 EBITDA 14.6% 1,155

989 989 1,001 759 Net income 21.9% Mexican CPI 4.8% 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Overview Company Source for Mexican CPI: IMF; Note: CAGRs calculated in Mexican peso Figures for 2010 & 2011 reflect adoption of MIFRS-17 terms; Revenues from Construction Services not included; passenger Page 16 Note: From 1999 to 2007 figures in nominal Mexican pesos adjusted for inflation as of Dec. 31st of each year figures exclude passengers in transit or general aviation ASUR has positively differentiated itself…

ACI named Revenue per PAX in 2011 CAGR in Revenues 2006 – 2011 (%) Cancun the Matters Strategic best airport 11.5%

261 244 in Latin 237 8.7% America 220 209 Financial Information and 3rd 193 5.9%

worldwide

in its range The first column for each airport group excludes Revenues from Revenues Commercial Commercial in 2011 Construction Services; the second column includes these revenues.

Operational Information CAGR in PAX Traffic 2006 – 2011 (%) CAGR in EBITDA 2006 – 2011 (%)

4.9% 13.5% Regulation 7.2%

2.2% 5.8%

-0.3% 0.0% Overview Company Mexico Aggregate Page 17 Page Page Company Operational Commercial Financial Strategic

18 Regulation Overview Information Revenues Information Matters administrative services, costs of services and D&A; passenger passenger D&A; and services of costs services, administrative aviation aviation change change indexedin CPI to 2006; total costs include concession fee, as calculated rate growth inflation Mexican terms; peso Mexican in rates growth Note: Highlights 2011 • Administrative services Administrative services of Costs passengers passengers prices and the global financial crisis crisis the and financial prices global outbreak,significant increase in crudeoil majorexogenous eventssuch the as H1N1 EBITDA marginshave increased despite operating cost breakdown (%) cost breakdownoperating 1 Note

: revenue per passenger figures does not include include constructionnot does revenuefigurespassenger revenue : per 51% Technical assistance Technical D&A Operating leverage recovers trafficas passenger traffic excludes excludes traffic

technical assistance technical 22% Concession fee transit and general general and transit 10% , the the 10% % Revenues havegrown faster ata rate than

7% Income Net EBITDA Revenues Passenger traffic

resulting from resulting by the bankruptcy announced accounts doubtful for reserve the in increase million Ps.128.0 the reflect not Does 3Q’10: 1Q'06 41 7 152 Revenue and cost per PAX ’06 rates: Growth 2Q'06 42 6 157 Cost Services of 3Q'06 52 7 161

4Q'06 47 8 167 1Q'07 37 6 161 2Q'07 45 6 167 3Q'07 46 7 175

4Q'07 53 7 172 PAX and costs total traffic 24.7% 13.5% 11.5% 1Q'08 37 5 Administrative 173 4.9%

2Q'08 39 6 175 –

3Q'08 50 6 175 CAGR (%) ’11 4Q'08

60 8 193 Mexican GDP growth GDP Mexican (CPI) inflation Mexican Total costs Administrative Cost services of

Grupo 1Q'09 39 6 203 2Q'09 58 8 201

Mexicana de de Mexicana 3Q'09 53 8 198 comparison 4Q'09 57 10 205 Revenues 1Q'10 39 8 207

2Q'10 52 9 210 services Aviación 3Q'10 49 10 208 4Q'10 59 12 212

1Q'11 44 8 217

2Q'11 50 9 218 (Ps./PAX 3Q'11 54 10 11.5%

217 2.2% 4.4% 4.6% 7.1% 4Q'11 59 11 229

1Q'12 44 8 )

234 2Q'12 49 10

234 Page Page Company Operational Commercial Financial Strategic

19 Regulation Overview Information Revenues Information Matters 3 2 1 thereafter, i.e. dividend shown in year (x) in the chart above is actually the dividend paid in year (x+1) according to ASUR to ASUR year in (x+1) paid theaccording dividend is actually above year the chart in (x) in shown dividend i.e. thereafter,

Note:Figures in nominalMexicanpesos the forrespective year;for illustrative purposes, dividend inyearin eachchart the Note: 2011 dividend approved by the Annual General Shareholders’ Meeting and paid in May 17 May in paid and Meeting Shareholders’ General Annual the by approved dividend 2011 Note: Note: 2006 (Ps. million) EBITDA

2010 & 2011 & 2010 229 2007 –

1,042 CAPEX CAPEX 2008 figures figures 1,049 reflect reflect

2009

the adoption of INIF 17 INIF of the adoption 1,290 2010 1,321 2011 1,719

1999

0 Dividends paid Retained earnings income Net 2000

0 Income,Net retained earnings and dividends evolution 2001 th , 2012 ,

444 Ps. 1.48 per share 2002

150 Ps. 0.50 per share 2003

fin 168 Ps. 0.56 per share

2004 ab ancial statements; statements; ancial ove relates to the dividend paid in nominal pesos in the year year the in pesos nominal in paid dividend the to relates ove Profitability indicators 186 Ps. 0.62 per share 2005

205 Ps. 0.68 per share Dividends evolution 2006

225 Ps. 0.75 per share 2007

600 Ps. 2.00 per share 2008 1999 1,884 Ps. 6.28 (Ps. thousands) 2009 per share

750 Ps. 2.50 per share -

2010 2011 1

900 Ps. 3.00 per share 2011

1,080 Ps. 3.60 per share Robust corporate governance and board of directors

Acq. & Board of Audit Operations Nom & Comp Contracts

Committee High Directors Committee Committee Committee Corporate Fernando Chico Pardo Matters

Strategic X X X X Governance Founder and president of Promecap José Antonio Pérez Antón X X X Standards CEO of Grupo ADO Roberto Servitje Sendra1 Chairman of Grupo Bimbo X X Financial

Information 1

Ricardo Guajardo Touche

Former president of BBVA Bancomer X X X Francisco Garza Zambrano1 President of CEMEX North America X X

Revenues 1 Commercial Commercial Guillermo Ortiz Martinez

Former Governor of Mexico Central Bank for 12 years X X Rasmus Christiansen 1 CEO of Copenhagen Airports International A/S X X X

Operational Information Luis Chico Pardo Former economist at the Bank of Mexico X

Aurelio Pérez Alonso Deputy Chief Executive Officer of Grupo ADO X X Regulation 1

Five out of nine board members are independent • • Sarbanes-Oxley compliant • Four committees led by board members Overview Company • Audit committee comprised of 3 independent members of the board of directors

Page 20 Experienced management team

Long Serving Fernando Chico Pardo Management President Matters Strategic with company since 2005

Adolfo Castro Rivas Agustín Arellano R.

Financial Chief Executive and Financial Officer Chief Infrastructure Officer Information

Head of Investor Relations

with company since 2010 with company since 2000 (experience in the industry for 35 years) Revenues Commercial Commercial Claudio Góngora Morales Manuel Gutiérrez Sola

General Counsel Chief Commercial Officer

Operational Information with company since 1999 with company since 2000

Carlos Trueba Coll Héctor Navarrete Muñoz General Director of Cancún Airport General Director of Regional Airports Regulation

with company since 1998 with company since 1999 Overview Company

Page 21 What’s Next?

Short & Long • Further develop our commercial business Term Matters Strategic Objectives • Improve our passenger volumes

• World Class service – ASQ Program Financial Information

• Improve capital structure Revenues Commercial Commercial • Monitor new business opportunities

Operational Information

Regulation

Overview Company

Page 22 ASUR: International Presence in Puerto Rico

Aerosatar: • Luis Munoz Marin International Airport, in San Juan Limited liability Puerto Rico (8.5M PAX / yr) Matters Strategic company th owned by • July 24 : Aerostar signed a lease agreement with the ASUR (50%) & Puerto Rico Ports Authority:

Financial Highstar (50%) ‐ Term of 40 years Information

‐ Upfront payment of $615M USD (to be funded by a mixture of debt financing incurred by Aerostar and equity contributions by each of ASUR and Highstar Capital) Revenues Commercial Commercial

‐ Regardless of the PAX traffic, Airlines serving LMM will collectively make aggregate payments of $62M USD / yr for the first five years; LMM years 6-40 the payment will be increased annually by the U.S. CPI

Operational Information ‐ Revenue-sharing payments to PRPA: fixed at $2.5M USD first five years; 5% of gross airport revenues (years 6-30); 10% of gross airport revenues (years 31-40)

Regulation ‐ Capital Improvement projects: $34M USD

Overview Company • Next Steps: Application for a Operating Certificate by FAA Page 23