EANS-Adhoc: gategroup Holding AG / gategroup Extends, Expands Business with SAS

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Contracts

14.06.2011

ZURICH, June 14, 2011 -- Gate Gourmet, a member of gategroup, has
extended the existing contract with Scandinavian Airlines System
(SAS) meant to expire in 2014 for two additional years to 2016
covering catering and provisioning services at the airline's three
main hubs in Copenhagen, Stockholm/Arlanda and Oslo as well as other
locations in Scandinavia.

Separately, the companies also reached a five-year extension of an
existing agreement covering catering services at over 15 locations
worldwide. This out- station agreement now also expires in 2016, and
the scope of cities includes potentially new locations where Gate
Gourmet has a presence but did not yet serve SAS. The companies also
reached a similar extension of an existing agreement covering the
supply of products provided by sister company deSter.

Over their life, the extensions to the existing contracts and
associated new business will generate revenues worth approximately
CHF 250 million.

"We are extremely proud to extend and expand the strong partnership
with Scandinavian Airlines System. Both companies share a passion for
reliability, innovation and quality," said Andrew Gibson, interim
Chief Executive Officer of gategroup. "We are pleased to retain SAS
as one of Gate Gourmet's key customers well into the future."

Gate Gourmet provides catering and provisioning service for SAS'
Business and Economy cabins on long-haul flights from the airline's
Scandinavian hubs, Copenhagen, Stockholm and Oslo; for the Business
and Economy Flex cabins on European flights; and for
intra-Scandinavian flights as well as for charter flights from six
Scandinavian locations.

About gategroup:

gategroup is the leading independent global provider of products,
services and solutions related to a passenger's onboard experience.
gategroup comprises 11 member companies, which are deSter, eGate
Solutions, Elan, Gate Aviation, Gate Gourmet, Gate Safe, Harmony,
Performa, potmstudios, Pourshins and Supplair.

The Group's world-class capabilities are focused in catering and
hospitality; provisioning and logistics; and onboard solutions.

Shares of Zurich-based gategroup are traded on the SIX Swiss Exchange
under the symbol GATE. Please visit http://www.gategroup.com.

SOURCE gategroup

CONTACT: Media, John Bronson, Corporate Communications,
+41-43-812-2048, jbronson@gategroup.com, or Investors, Dagmara
Wawrzonowska, Investor Relations, +41-43-812-54-96,
dwawrzonowska@gategroup.com

Further inquiry note:
Media, John Bronson, Corporate Communications, +41-43-812-2048,
jbronson@gategroup.com, or Investors, Dagmara Wawrzonowska, Investor Relations,
+41-43-812-54-96, dwawrzonowska@gategroup.com

end of announcement euro adhoc
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issuer: gategroup Holding AG
Balz-Zimmermannstrasse 7
CH-8302 Kloten
phone: +41 43 812 54 96
FAX: +41 43 812 91 19
mail: invest@gategroup.com
WWW: http://www.gategroupmember.com/
sector: Consumer Goods
ISIN: CH0100185955
indexes:
stockmarkets: Hauptsegment: SIX Swiss Exchange
language: English