Press Release

Gate Gourmet Becomes Base Caterer for Qantas' Low Cost Carrier Jetstar

Sydney, February 11, 2004 - Gate Gourmet International and Jetstar, Qantas' new low cost carrier, start a direct-to-passenger sales program with the new airline's launch in May 2004. The global airline caterer Gate Gourmet provides food, beverages and merchandise for sale on board of the aircraft.

The new carrier will commence its service with 14 B717 aircraft and will later ex-pand the service with 23 A320's. During the service introduction phase, Gate Gourmet will sell soft drinks and al-coholic beverages, sandwiches, cereals, salads, a large variety of sweet and savory snacks, and chocolates. In a later phase, hot meals such as soups will be added to the menu selection.

Gate Gourmet's President and CEO Henning Boysen said: "We are delighted to have been chosen by Jetstar to be their partner. It is always exciting to be involved in the start-up of a new airline, and we are totally committed to helping to get Jetstar off to a flying start."

Jetstar Chief Executive Officer, Alan Joyce said: "Gate Gourmet was chosen from a comprehensive field of Australian domestic and other international catering providers. The Gate Gourmet offering will compliment Jetstar's fundamental requirements of quality, value and simplicity."

Gate Gourmet is a world leader in direct-to-passenger meal programs, serving globally more than 1'000 flights a day on a retail basis for airlines such as Delta Air Lines, Swiss International Air Lines, Maersk-Air, Song and United Airlines.

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).