Contract Win

Compass Group PLC 07 July 2003 7 July 2003 Compass Group PLC wins 10-year Schlumberger agreement Compass Group PLC today announces that ESS, the Group's oil & gas, remote site and defence division, has signed a 10-year agreement with oilfield services company Schlumberger as it continues to expand its Global Preferred Supplier Agreement client base. This contract has a potential total annual value of around $60 million and confirms ESS's position as the market leader in support services worldwide. The initial contract, which has a first year value of $26 million, covers Schlumberger's operations in the UK, Algeria, Oman, UAE, Saudi Arabia and Pakistan. This is additional business to the work ESS already performs for Schlumberger in Alaska, USA, Argentina, Brazil, Venezuela, UK, France, Germany, Portugal and Indonesia. The innovative strategic approach ESS takes in offering global solutions for clients with operations across many countries provides excellent opportunities to increase its leading position in the marketplace. Peter R Harris, CEO of ESS, commented: 'We are extremely proud to announce our agreement with a company with such an excellent worldwide reputation as Schlumberger. The agreement demonstrates ESS's commitment in developing true business partnerships that provide win-win benefits to all concerned.' Ends Enquiries: Brunswick Tel: 020 7404 5959 Timothy Grey Simon Sporborg Notes to Editors Compass Group is the world's largest foodservice company with annual foodservice revenues in excess of £10bn. Compass Group has over 375,000 employees working in more than 90 countries around the world providing foodservice and vending. For more information visit www.compass-group.com This information is provided by RNS The company news service from the London Stock Exchange
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