Press Release

Statement Regarding Chicago Gate Serve Warehouse

MEMPHIS, TN, March 30, 2005 - Officials of Gate Serve, a subsidiary of Gate Gourmet that provides pack-aged food and beverage items for several airlines at Chicago O'Hare Airport, today have applied for the necessary city license to resume operation at the Gate Serve warehouse.

No meals are prepared at that facility. Due to an administrative oversight, the city license inadvertently expired. The Gate Serve facility's Illinois business license, however, is current.

Airline customers are being served without interruption from other company facilities at the airport.

Compliance with all applicable health and sanitation standards are top priorities at Gate Gourmet, and the company is in the process of addressing the issues raised by city inspectors.

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).