OMA Reports Second Quarter 2008 Results: Financial News

MONTERREY, Mexico, July 24, 2008 (PRIME NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., or OMA, reported its unaudited, preliminary results for the second quarter and first six months of 2008 today.



                          2Q 07  2Q 08  % Var   6M 07  6M 08   % Var.

 Terminal
  passengers (million)     3.5    3.7     5.0    6.8    7.4      8.2
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 Total revenues
  (Ps. million)            474    504     6.3    923  1,006      9.1

 Income from
  operations               190    170   (10.8)   367    374      1.9
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 Adjusted EBITDA           264    267     1.1    515    556      7.9

   Adjusted EBITDA
    margin               55.7%  53.0%          55.8%  55.3%
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 Income before
  taxes                    221    187   (15.6)   416    519     24.6
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 Net Income (loss)         157     95   (39.6)   284    365     28.5

     EPS (Ps.)            0.39   0.24           0.71   0.92
     EPADS (US$)          0.30   0.19           0.55   0.71
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 Capital
  Expenditures             142  1,120            329  1,718
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 --  Passenger traffic totaled 3.7 million in the quarter, an increase
     of 5.0%. Domestic traffic grew 5.8%; international traffic
     increased 0.2%.

 --  Total net revenues increased 6.3% to Ps. 504 million.

 --  Cost of services and administrative expenses rose a combined
     12.5% to Ps. 195 million, as compared to Ps. 174 million in the
     same period of 2007.

 --  Cost of services and administrative expenses per passenger rose
     7.1% to Ps. 53.4, as compared to Ps. 49.8 in the same period of
     2007.

 --  Operating income decreased 10.8% to Ps. 170 million; the
     operating margin was 34%.

 --  Adjusted EBITDA increased 1.1% to Ps. 267 million, equivalent to
     a 53.0% margin.

 --  Net income was Ps. 95 million, a decrease of 39.6% over the prior
     year period. Earnings per share were Ps. 0.24, or US$0.19 per
     American Depositary Share (ADS).

 --  Capital expenditures in the second quarter were Ps. 1,120
     million, principally for the acquisition of land, the expansion
     and improvement of terminal buildings, runways, platforms, and
     the acquisition of machinery and equipment. Investments on a cash
     basis were Ps. 1,096 million in the quarter.

OMA's full earnings report is available at http://ir.oma.aero

OMA will hold a conference call on July 25, 2008 at 11:30 am EDT, 10:30 am Mexico City time.

The conference call is accessible by calling (800) 762-8779 toll-free from the U.S. or +1 (480) 248-5081 from outside the U.S. The confirmation code is 3903612. A taped replay will be available through August 1, 2008 at (800) 406-7325 toll free or +1 (303) 590-3030.

The conference call will also be available by webcast at http://ir.oma.aero/events.cfm.

About OMA

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., OMA, operates 13 international airports in nine states of central and northern Mexico. OMA's airports serve Monterrey, Mexico's third largest metropolitan area, the tourist destinations of Acapulco, Mazatlan, and Zihuatanejo, and nine other regional centers and border cities. OMA employs over 900 persons in order to offer passengers and clients, airport and commercial services in facilities that comply with all applicable international safety, security standards, and ISO 9001:2000. OMA's strategic shareholder members are ICA, Mexico's largest engineering, procurement, and construction company, and Aeroports de Paris, the second largest European airports operator. OMA is listed on the Mexican Stock Exchange (OMA) and on the NASDAQ Global Select Market (OMAB). Please visit our website, www.oma.aero.