Press Release

Metropolitan Washington Airports Authority
1 Aviation Circle - Washington, DC 20001-6000 - (703) 417-8370 - Fax: (703) 417-8371

Wednesday, March 31, 2004

Airports Authority Selects Chief Operating Officer

Today the Metropolitan Washington Airports Authority Board of Directors approved the selection of Margaret E. McKeough as the Executive Vice President and Chief Operating Officer for the Airports Authority.

James E. Bennett, President/CEO of the Airports Authority said, "Margaret McKeough is a talented and dynamic professional who has a proven track record managing key business programs at the Authority as well as leading us in improvements to our procurement programs, risk mitigation, and services we offer our customers. She has also led the Authority in very complex negotiations with our airline partners. I know she will bring energy and commitment to this new role."

Said Ms. McKeough on her appointment, "I thank the Board and Jim Bennett for their confidence in me, and I will work along with our excellent employees to continue to focus on ways that Reagan National and Dulles International Airports can be responsive to our customers and our community."

Ms. McKeough has served as Vice President for Business Administration since 1998. In that role she was responsible for managing several business functions including procurement, equal opportunity programs, concession and property development, risk management, administrative services and airline relations.

Prior to joining the Airports Authority, she was the Deputy Aviation Director for Business and Properties at Phoenix Sky Harbor International Airport. She also managed various business programs in the Phoenix Economic Development Department from 1986-1994.

She is a graduate of Providence College with a B.A. in Political Science and the University of Connecticut MPA program.