Re Contract

18 April 2002 Compass Group wins two important new UK education contracts Compass Group PLC is delighted to announce that its specialist education operating company, Scolarest, has been awarded two new local authority contracts to supply school meals in Essex and Bedfordshire. The combined turnover over the lives of the contracts totals £61 million. For Bedfordshire County Council, Scolarest will provide catering services to 174 schools, serving 18,000 meals a day. The contract has annual revenues of over £5m per annum and represents £39 million over seven years . For Essex County Council Scolarest will be responsible for foodservice at 350 primary and 30 secondary schools in the county with total turnover of £22 million. The contract is for two years although the council has the option of extending the agreement for a further four years. Compass Group's UK & Ireland Division Chief Executive, Don Davenport, said: 'These are significant gains for Scolarest and reflect our market leading position as the partner of choice for education authorities. Organisations are increasingly keen to explore the benefits of outsourced catering solutions. We are able to offer the benefits of scale, enhanced quality and service, as well as a flexible and innovative approach to developing bespoke solutions. ' Ends Enquiries: Cathi Lawrence, Compass Group PLC 01932 573000 Tim Grey / Simon Sporborg, Brunswick 020 7404 5959 Notes to Editors 1. Compass Group is the world's largest foodservice company with annual foodservice revenues in excess of £9bn. Compass Group has over 360,000 employees working in more than 90 countries around the world providing foodservice and hospitality. For more information visit www.compass-group.com 2. Scolarest is the specialist education operating company of Compass Group. In the UK alone it provides a range of catering services to over 2,000 schools, colleges and universities.
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