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BAA RESPONSE TO COMPETITION COMMISSION ANNOUNCEMENT

The Competition Commission has announced that it has accepted a proposal from BAA to reverse the order of sales in its decision requiring BAA to sell Stansted followed by either Edinburgh or Glasgow airport.

BAA will shortly say which of Edinburgh or Glasgow airports it will sell and then commence preparation for sale of that airport.

BAA will continue with its judicial review proceedings relating to the Competition Commission’s July 2011 decision requiring BAA to divest Stansted. BAA is legally entitled to challenge the Commission's July 2011 decision and believes it has strong grounds to succeed.

BAA Chief Executive Colin Matthews said: