Royal Philips Electronics

Compass Group PLC 17 December 2003 Royal Philips Electronics and Compass Group PLC extend Global Foodservice Partnership for a further 10 years 17 December 2003 Compass Group is pleased to announce that Royal Philips Electronics is extending its Global Foodservice Agreement with Compass Group for a period of 10 years. The initial contract was awarded in 1998. At the time it was the first ever global agreement signed in the foodservice market. Compass Group now serves over 88,000 Philips employees at staff restaurants, conference and meeting facilities, convenience shops and executive dining and vending worldwide. Michael J. Bailey, Chief Executive, Compass Group said: 'We are very pleased to continue our relationship with Philips. Our extensive geographic coverage and focus on global account management, coupled with our ability to offer high quality foodservice, strong brands and vending, is becoming increasingly relevant as to why we win and retain international business'. Since signing the first global agreement with Philips in 1998, Compass Group has won a significant number of international contracts with clients such as IBM, Microsoft, American Express, ChevronTexaco and Schlumberger. Enquiries: Compass Group PLC +44 (0) 1932 573000 Sarah Ellis Director Investor Relations Brunswick Group Ltd +44 (0) 20 7404 5959 Timothy Grey/Pam Small Note to Editors Compass Group is the world's largest foodservice company with annual revenues in excess of £11 billion. Compass Group has over 400,000 employees working in more than 90 countries around the world. 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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