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Friday, February 23, 2007

Grupo Aeroportuario del Pacifico (GAP) Announces Results for 4Q06

GUADALAJARA, Mexico, Feb. 23 /PRNewswire-FirstCall/ -- Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC) (BMV: GAP) ("the Company" or "GAP") today reported unaudited results for the fourth quarter of 2006 ended December 31, 2006. Figures are unaudited and have been prepared in accordance with Generally Accepted Accounting Principles in Mexico (NIF). Except as otherwise indicated, all peso amounts are presented herein in constant pesos with purchasing power as of December 31, 2006.

Highlights of 4Q06 versus 4Q05:

- Revenues increased 9.5%, or Ps. 64.3 million, mainly due to a Ps. 40.9 million (7.4%) increase in revenues from aeronautical services, of which Ps. 31.1 million, (76.0% of the increase) is derived from a 7.2% increase in revenues from passenger charges.

- Revenues from non-aeronautical services increased Ps. 23.4 million, or 18.6%.

- Passenger traffic increased 8.7% and workload units (WLU)(1) increased 8.9%.

- Cost of services increased 5.2%; as a percentage of revenues it decreased 3.9% and per WLU it decreased 3.4%.

- As a result of the increase in revenues, the cost corresponding to government concession fees increased 9.5% (Ps. 3.2 million). The increase in revenues was offset by a 5.8% increase in the cost of services (excluding payment for technical assistance, depreciation and amortization) and as a result the technical assistance fee increased 10.9% (Ps. 2.6 million).

- Operating income increased 0.4%, from Ps. 265.7 million in 2005 to Ps. 266.8 million in 2006.

- EBITDA increased 11.3%, from Ps. 427.4 million to Ps. 475.8 million.

- Net income increased 128.4% from Ps. 134.6 million to Ps. 307.4 million, mainly due to a reduction in the asset tax base for the airports of Aguascalientes, Hermosillo, La Paz, Los Mochis, Morelia and Manzanillo, in accordance with the decision made by the federal appellate court in the legal proceeding against the Ministry of Finance and Public Credit.

For the full version of this report please see the Company's web site at www.aeropuertosgap.com.mx under "Investors"

(1) Workload units represent passenger traffic plus cargo units (1 cargo unit = 100 kilograms of cargo).

    For more information please visit www.aeropuertos gap.com.mx or contact:

    In Mexico                                       In the U.S.
    Rodrigo Guzman, Chief Financial Officer         Maria Barona
    Miguel Aliaga, Investor Relations Officer       Peter Majeski
    Grupo Aeroportuario del Pacifico,               i-advize Corporate
     S.A.B. de C.V.                                   Communications, Inc.
    Tel: 01 (333) 880 1100 ext 216                  Tel: 212 406 3690
    maliagag@aeropuertosgap.com.mx                  gap@i-advize.com

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