Post Stabilisation Notice-Heathrow Funding Limited

28-Apr-21

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in

which such distribution would be unlawful.

Heathrow Funding Limited

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 30/03/20211 Deutsche Bank AG, London (contact: DCM Syndication TA; telephone: 0207 54 54153 hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority)2 was undertaken by the Stabilisation Manager(s)3 named below in relation to the offer of the following securities.

The Securities:

Issuer: Heathrow Funding Limited

Guarantor (if any): Heathrow Airport Limited, Heathrow(AH) Limited,

Heathrow(SP) Limited, Heathrow Express Operating

Company Limited

Aggregate nominal amount: EUR 500m

Description: Heathrow Funding Ltd EUR 500m 9.5yr

Stabilisation Manager(s): BNP Paribas, BofA Securities, Deutsche Bank,

Lloyds, Morgan Stanley

Offer Price: 98.908%