Changi Airport Group and Narita International Airport Corporation
sign cooperation pact
Partnership will intensify collaboration and facilitate information exchange

28 May 2012 – Changi Airport Group (CAG) and Narita International Airport Corporation (NAA)
have signed a memorandum of understanding (MOU) to intensify collaboration between thetwo major air transportation hubs.

The agreement was signed by Mr. Lee Seow Hiang, CEO of CAG, and Mr. Kosaburo Morinaka,
President & CEO of Narita International Airport Corporation at the 7th Airports Council
International Asia-Pacific Regional Assembly held in Singapore on 23 May, last week.

The MOU reaffirms the strategic relationship between the two airports to develop and expand
the global air transport network, and provide high quality services to the users of both Changiand Narita Airport.

The provisions of the agreement allow for information exchange to facilitate the managers ofboth airports to learn from each other the operations and processes of the partner airport.
There will also be regular meetings between the two airports to exchange and shareexperiences as well as the possibility of joint projects aimed at improving the network betweenthem.

Prior to the agreement, CAG and NAA have already been regularly sending staff on study trips
to each other’s airports. The signing of the MOU is the culmination of years of friendly ties andmutually beneficial collaboration. The formalisation of this partnership is particularly importantin view of the high volume of traffic between Changi and Narita airports and the opportunity tocooperate with a major transportation hub outside of each other’s region.

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About Changi Airport GroupChangi Airport Group (Singapore) Pte Ltd (CAG) (www.changiairportgroup.com) wasformed on 16 June 2009 and the corporatisation of Singapore Changi Airport followed on 1July 2009. As the company managing Changi Airport, CAG undertakes key functions
focusing on airport operations and management, air hub development, commercial
activities and airport emergency services. Through its subsidiary Changi Airports
International, the Group invests in and manages foreign airports to spread the success of
Changi Airport internationally.
Changi Airport (www.changiairport.com) is the world’s most awarded airport having
garnered more than 400 accolades since it opened in 1981. To serve passengers andvisitors from the world over, there are 360 retail stores and 130 F&B outlets across theairport's four terminals. Changi handled more than 46 million passenger movements in2011, an annual record. Today, it serves some 100 airlines flying to over 220 cities in about
60 countries and territories worldwide. A flight takes off or lands at Changi roughly once
every 100 seconds.

About Narita International Airport Corporation
Narita International Airport Corporation (NAA) was established in April 2004 as a special
corporation funded by the central government to take over the operations of its predecessor,
New Tokyo International Airport Authority.
Narita Airport opened in May 1978 and is presently served by 73 airlines operating flights
to 93 cities in 37 countries and territories around the world. As one of the world's leadinginternational hubs, it handled approximately 28 million passengers and some 1.9 million
tonnes of cargo in 2011. In conjunction with the open skies policy that the Japan
Government is driving forward with, Narita is expanding its international and domestic
networks with increases in capacity to 270,000 annual movements by March 2013 andfurther to 300,000 by fiscal 2014 at the earliest. As a multifunction airport with the ability
to adequately meet the diversifying needs of passengers and airlines, including those ofLCCs and business jets, Narita's objective is to be the preferred airport for global customers.