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ASUR Announces New Nominees To Board Of Directors

Stocks in this article: ASR





MEXICO CITY, March 13, 2012 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR) (ASUR), the first privatized airport group in Mexico and operator of Cancun Airport and eight others in the southeast of Mexico, today announced that it was by informed by Inversiones y Tecnicas Aeroportuarias, S.A.P.I de C.V. ("ITA"), Grupo Ado, S.A. de C.V. ("ADO"), and Fernando Chico Pardo that they have agreed to appoint Fernando Chico Pardo and Jose Antonio Perez Anton to ASUR's board of directors. 

Pursuant to ASUR's bylaws, as sole holder of ASUR's Series "BB" shares, ITA has the right to elect two members of ASUR's board of directors. ADO indirectly holds 49%, and Fernando Chico Pardo indirectly holds 51%, of ITA's capital stock.

Furthermore, each holder of 10% of ASUR's capital stock is entitled to elect one member of ASUR's board of directors, thus Fernando Chico Pardo and ADO will elect Luis Chico Pardo and Aurelio Perez Alonso to ASUR's board of directors.  See biographies below.

These appointments will be made at ASUR's annual stockholder's meeting for 2012, which has not yet been announced.

Fernando Chico Pardo Mr. Chico Pardo is a member of our board of directors and Chairman of the Board since April 28, 2005. He is the founder and President of Promecap, S.C. since 1997. Previously, Mr. Chico Pardo was the Partner and Chief Executive Officer of Grupo Financiero Inbursa, S.A. de C.V., Partner and Chief Executive Officer of Acciones e Inversora Bursatil, S.A. de C.V. Casa de Bolsa, founder and Chairman of Acciones y Asesoria Bursatil, S.A. de C.V. Casa de Bolsa, Director of Metals Procurement at Salomon Brothers ( New York) and the Latin America Representative for Mocatta Metals Corporation and the Mexico Representative for Standard Chartered Bank ( London). Mr. Chico Pardo is a member of the board of directors of, among others, Grupo Financiero BBVA Bancomer, Grupo Carso, Sanborns Hermanos, Sears Roebuck de Mexico and Grupo Posadas. He is 60 years old.

Jose Antonio Perez Anton Mr. Perez Anton has been Chief Executive Officer of ADO since 2006 and a member of the board of directors of ADO since 2005. He has worked for ADO since 1996. Mr Perez Anton is also currently the Vice President of the Camara Nacional del Autotransporte de Pasaje y Turismo (the Mexican National Chamber of Intercity and Tourism Transportation, or "CANAPAT"), and is a Councillor at ITI (the Intermodal Transportation Institute, based in Denver). He is 39 years old.



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