Press Release

Gate Gourmet Renews Catering Contract with MyTravel Airways

ZURICH, December 27, 2007 – Gate Gourmet has renewed a catering and provisioning services contract with one of its largest global accounts, charter carrier MyTravel Airways of Scandinavia.

The multi-year agreement will account for the delivery of approximately 1 million meals annually in Denmark, Sweden and Norway, where Gate Gourmet employs about 500 people. In addition to catering, Gate Gourmet will continue to handle tax-free goods sold on board MyTravel flights.

"We are extremely pleased about the new contract, which will not only offer a more transparent relationship between our two companies, but also will open the door for innovative food concepts that will delight MyTravel passengers," said Philippe Op de Beeck, Group SVP & President of Gate Gourmet’s Central Europe, Middle East and Africa region.

MyTravel Airways Director Tom Clausen said, "MyTravel Airways is the biggest charter company in Scandinavia and the world’s largest player in offering tax-free goods in the air. The new agreement creates an opportunity to introduce new meal concepts and improved quality."

MyTravel Airways is Scandinavia's biggest charter airline carrying 2.2 million passengers yearly and employing approximately 1000 people. The company is situated in Copenhagen Airports and operates out of Denmark, Norway, Sweden and Finland to holiday destinations in Europe, the Far East and Africa. MyTravel Airways is part of the Nordic leisure group Thomas Cook Northern Europe and includes tour operators such as Ving, Spies, Tjæreborg Rejser and MyTravel Tango. Thomas Cook Northern Europe is part of Thomas Cook Group plc, created by the merger of MyTravel Group plc and Thomas Cook AG in June 2007. Thomas Cook Group plc is a €12 billion revenue business, employing 33,000 people globally and operating a fleet of 97 aircraft.

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).