Re Contract

Compass Group PLC 25 September 2001 25 September 2001 COMPASS GROUP PLC GAINS FURTHER LLOYDS TSB SITES IN £24 MILLION CONTRACT Compass Group's business and industry subsidiary, Eurest, has strengthened its working relationship with Lloyds TSB by extending its provision of staff catering and hospitality from 23 locations to 36 sites in the UK. This major new three year contract is worth nearly £24 million in total turnover. The contract extends the relationship between the bank and Compass Group which started ten years ago. It involves Eurest managing significant new business, including the Lloyds TSB sites at Bridgend, Newport, Glasgow, Manchester, Andover and Chatham. In addition, a major part of the new business won by Eurest will involve providing food services at Lloyds TSB company Scottish Widows, across three sites in Edinburgh, including the Company's headquarters building. Commenting on this new agreement, Mike Goodman, head of facilities management at Lloyds TSB said, 'Through our ten year relationship, Eurest has developed a broad understanding of the working environment in the financial services sector. We wanted a foodservice organisation who could continue to take our catering services forward and with their track record, Eurest was the natural choice.' Michael J. Bailey, Chief Executive, Compass Group PLC said, 'This is a significant win for Eurest as it is an example of the success of the merger with Sutcliffe, who previously managed the contract. We are delighted at this vote of confidence from Lloyds TSB and look forward to providing the highest standards of foodservice across the Group's 22,000 employees.' Enquiries Cathi Lawrence, Corporate Communications Director, Compass Group PLC Telephone: 01932 573 000 Nick Lyon/Wendy Baker, Hudson Sandler Ltd. Telephone: 020 7796 4133 Notes to Editors 1. Compass Group is the world's largest foodservice company employing over 265,000 people in over 90 countries and with annual revenues in excess of £8.3bn. Compass Group provides catering for clients including major employers, educational establishments, hospitals, leisure venues, retail locations and at major airports and stations throughout USA, Europe, 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. Further information on the Group can be found at www.compass-group.com
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