50PU Sg Issuer 24

RNS Number:8277W
DAA Finance PLC
17 May 2007


               DAA Finance plc (formerly Aer Rianta Finance plc)

  Euro250,000,000 6.15 per cent. notes due 2011 of DAA Finance plc, guaranteed by
                          Dublin Airport Authority plc


                                 press release

    DAA announces conditional agreement to dispose of interest in Birmingham
                             International Airport



17 May 2007

The Dublin Airport Authority ("DAA"), through its wholly-owned subsidiary, Aer
Rianta International c.p.t. ("ARI") and Macquarie Airports Group ("MAG"), who
each hold an interest of 24.125% in Birmingham Airport Holdings Limited ("BAHL")
announce that they have conditionally agreed to dispose of their combined 48.25%
stake in BAHL to Airport Group Investments Limited, a consortium comprising
Ontario Teachers' Pension Plan Board and Victorian Funds Management Corporation,
for a combined consideration of #420 million. Completion of the transaction is
subject to certain conditions, including pre-emption arrangements, and is not
expected to occur for a number of months.


Contact:

Ray Gray
Director - DAA Finance plc +353 (01) 8145265

Regina McGrath
Director - DAA Finance plc +353 (01) 8144997




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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