Press Release

Gate Gourmet Announces New CFO

Zurich-Airport, May 6, 2003 - Gate Gourmet is pleased to announce that Guy Dubois will join Gate Gourmet International as Chief Financial Officer and Executive Vice President on 1 July 2003.

After he graduated from business school, Guy Dubois relocated to Sweden and worked for IBM. In 1988, he joined the European Organization for Nuclear Research (CERN) in Geneva, Switzerland. Since 1994 Guy Dubois was employed by Hoffmann-LaRoche, where he worked in various international positions in the field of finance. He started in Corporate Finance in Switzerland and then joined Roche Vitamins Asia Pacific Pte Ltd., Singapore as Area Manager Finance & Administration.

Founded in 1992, Gate Gourmet is the world's largest independent airline catering, hospitality and logistics company with dual headquarters in Zurich, Switzerland, and Reston, VA, USA. The company has substantially expanded its products and services recently through acquisitions and strategic investments. The portfolio now includes cabin service ware (deSter); comfort/entertainment items (Harmony); packaged food components assembled in central production units (Supplair); design and delivery of brand-linked customer environments (Performa); service staff recruitment and training and crew leasing (Elan); aviation services such as cabin cleaning, aircraft washing and deicing and passenger services (Fernley/IAS); catering security (Gate Safe); business applications (eGate Solutions); and supply chain optimization (partnership with Pourshins).