BAA ANNOUNCES FEBRUARY TRAFFIC FIGURES                     

BAA's seven UK airports handled a total of 8.7 million passengers in February,
an increase of 6.3% against the previous year.

Stansted recorded a 24.2% increase, with over 16.5 million passengers handled
by the airport in the last 12 months. Glasgow experienced a 13.6% increase and
Edinburgh grew by 12.0%.

Heathrow grew by 1.4% and Gatwick, which continues to benefit from growth in
domestic and European services, reported gains of 5.9%. Southampton added 2.2%
and Aberdeen grew by 2.0%.

In the individual markets, domestic travel grew by 12.7%, whilst scheduled and
charter traffic on European routes saw increases of 8.6% and 4.7% respectively.
There was growth of 1.0% on North Atlantic routes whilst other long haul
services were up 0.6%.

Total Air Transport Movements were 4.7% higher whilst cargo tonnage was up
8.7%.

              For further information on BAA plc see www.baa.com               

BAA Traffic Summary : February 2003                                            
                                                                               
Terminal                       %    Fin year to        %   12 months          %
                                          date:                   to           
                                                                               
Passengers       Month   Change*      Apr-02 to Change**      Feb-03  Change***
(000s)                                   Feb-03                                
                                                                               
Heathrow         4,448.5     1.4       58,093.1      5.5    63,382.3        5.2
                                                                               
Gatwick          1,819.1     5.9       27,506.3     -2.5    29,783.7       -2.6
                                                                               
Stansted         1,211.3    24.2       15,413.7     19.0    16,548.0       18.9
                                                                               
London Area      7,478.9     5.6      101,013.2      5.0   109,714.0        4.8
Total                                                                          
                                                                               
Southampton         54.9     2.2          731.2     -6.1       793.4       -6.3
                                                                               
Glasgow            500.0    13.6        7,340.5      8.0     7,876.0        8.0
                                                                               
Edinburgh          527.3    12.0        6,477.0     13.7     7,038.3       14.4
                                                                               
Aberdeen           177.5     2.0        2,379.3      1.0     2,577.1        0.5
                                                                               
Scottish Total   1,204.8    11.0       16,196.8      9.1    17,491.5        9.2
                                                                               
BAA Total        8,738.6     6.3      117,941.2      5.4   127,998.8        5.3
                                                                               
                                                                               
Air Transport                    %    Fin year to        %   12 months        %
                                            date:                   to         
                                                                               
Movements         Month    Change*      Apr-02 to Change**      Feb-03 Change**
                                           Feb-03                             *
                                                                               
Heathrow            34,987     1.7        422,870      1.3     461,140      1.0
                                                                               
Gatwick             16,232     6.2        218,909     -0.7     237,207     -1.2
                                                                               
Stansted            12,446    25.2        148,262      6.7     159,475      5.4
                                                                               
London Area Total   63,665     6.8        790,041      1.7     857,822      1.2
                                                                               
Southampton          2,009    -2.7         25,647     -1.8      27,914     -1.8
                                                                               
Glasgow              6,283     2.8         81,856     -3.1      88,532     -3.6
                                                                               
Edinburgh            8,159     0.8         97,487      4.9   106,290        5.3
                                                                               
Aberdeen             5,972    -5.3         74,661     -6.2   81,325        -6.4
                                                                               
Scottish Total      20,414    -0.5        254,004     -1.1     276,147     -1.3
                                                                               
BAA Total           86,088     4.7      1,069,692      0.9   1,161,883      0.5
                                                                               
                                                                               
Cargo                            %    Fin year to        %   12 months        %
                                            date:                   to         
                                                                               
(Metric Tonnes)   Month    Change*      Apr-02 to Change**      Feb-03 Change**
                                           Feb-03                             *
                                                                               
Heathrow           100,831     9.4      1,141,768      7.6   1,247,544      6.7
                                                                               
Gatwick             18,022     0.2        219,121     -9.0     241,337    -10.0
                                                                               
Stansted            15,649    12.6        174,453     14.9     189,582     12.7
                                                                               
London Area Total  134,502     8.4      1,535,342      5.6   1,678,463      4.5
                                                                               
Southampton             21   -30.0            355     16.2         386     14.7
                                                                               
Glasgow                177   -19.9          5,188      0.6       5,424     -4.5
                                                                               
Edinburgh            1,681    51.9         21,220     48.4      22,429     41.2
                                                                               
Aberdeen               248   -20.0          3,321    -14.2       3,657    -21.6
                                                                               
Scottish Total       2,106    28.6         29,729     27.4      31,510     20.2
                                                                               
BAA Total          136,629     8.7      1,565,426      6.0   1,710,359      4.8
                                                                               
Above data excludes Air Taxi passengers and Air Taxi movements.                
                                                                               
* compared to the month of February 2002                                       
                                                                               
** compared to the eleven months April 2001 to February 2002                   
                                                                               
*** compared to the twelve months to February 2002                             

Market Comparison: February 2003                                           
                                                                           
                          BAA Total               BAA Total                
                                                                           
Market                              Feb-02           Feb-03                
                                                                           
                                    (000s)           (000s)        % Change
                                                                           
Domestic                             1,657            1,866            12.7
                                                                           
Eire                                   447              443            -1.0
                                                                           
European Scheduled                   3,088            3,355             8.6
                                                                           
European Charter*                      574              601             4.7
                                                                           
North Atlantic                       1,061            1,072             1.0
                                                                           
Other Long Haul                      1,392            1,401             0.6
                                                                           
Total                                8,219            8,739             6.3

* includes North African Charter

Note: Origins and destinations are classified according to ultimate origin or
destination of aircraft in the case of multi sector flights

Note: Figures for the market sectors have been rounded. Totals as per Traffic
Summary



END