Macquarie Airports (MAp) invests in airports worldwide. MAp holds investments in Sydney Airport, Brussels Airport, Copenhagen Airports and Bristol Airport and Japan Airport Terminal. The principal activity of MAp during the year ended December 31, 2008, was investment in airport assets. MAp holds investments the United Kingdom, Europe, Australia, Bermuda, Mexico and Asia. A MAp stapled security consists of a unit in Macquarie Airports Trust (1) (MAT(1)), a unit in Macquarie Airports Trust (2) (MAT(2)) and a share in Macquarie Airports Limited (MAL). During the year ended December 31, 2008, MAp acquired an additional 6.7% in Bristol Airports (Bermuda) Limited (previously Macquarie Airports Group Limited). On November 5, 2008, MAp announced the financial close of the disposal of 50% of its interest in Copenhagen Airports and 42% of its interest in Brussels Airport.