'My Lunch' Acquired Along with Italian Subsidiary

Compass Group PLC 22 March 2000 COMPASS GROUP PLC Compass Group Strengthens Presence in Italy Compass Group PLC is delighted to announce the completion of the acquisition of the foodservice businesses of My Lunch SPA and its subsidiary Rial in Italy - more than doubling its existing presence in the significant Italian foodservice market. My Lunch and Rial focus primarily on foodservice for business and industry clients including 12 sites for Fiat alone. This will complement existing business for the group in the sector as well as for clients in military, healthcare, education and concession sectors. The consideration payable by Compass Group is £10.6 million (33bn lira), payable in cash. Philippe Adam, Chief Executive, Compass Group, Western Europe Division, said, 'Italy is the fourth largest foodservice market in Europe so we have always seen the development of a strong presence there as a strategic priority. With My Lunch and Rial we are now in the top ten within the Italian market, providing an excellent basis for strong future organic growth there, under the management of Paolo Gaudimondo.' For further information contact: Nick Lyon Hudson Sandler +44 (0) 171 796 4133 Cathi Lawrence Corporate Communications Director Compass Group PLC +44 (0) 1932 573000 Compass Group is the largest foodservice group in the world, with over 190,000 employees providing catering for clients including major employers, educational establishments, hospitals, leisure venues, retail locations and at major airports and stations throughout USA, Europe, Scandinavia and developing markets in Asia and South America. It operates through sector-specific subsidiaries such as Eurest, the world's largest specialist in providing foodservice to business and industry clients. The Group has increased turnover to over £4.8bn and now operates in over 70 countries world-wide.
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