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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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09.02.2012

ZURICH, Feb. 9, 2012 -- gategroup announced today that it is seeking
the consent of lenders to extend the maturity of its CHF 850 million
senior secured credit facilities expiring in May 2013 along with
other amendments to its documentation. The amendments would reinforce
the Group's capital structure and long-term positioning and increase
its operational flexibility.

Consistent with management's prudent long-term strategy, gategroup is
asking lenders to extend their commitments by three years -- term
loan commitments to May 2016 and revolving credit facility
commitments to May 2015. The credit facilities were put in place on
May 31, 2007.

The extension and amendments require majority lender consents and
each extending lender will need to confirm its consent to the
relevant maturity extensions. The Company will announce the outcome
of the extension and amendment request in due course.

About gategroup: gategroup is the leading independent global
provider of onboard services to companies that serve people on the
move. gategroup comprises the following brands: deSter, eGate
Solutions, Gate Aviation, Gate Gourmet, Gate Safe, Harmony, Performa,
potmstudios, Pourshins and Supplair.

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

Further inquiry note:
Media: Carol Reed, creed@gategroup.com, +41-43-812-9128, John Bronson,
jbronson@gategroup.com, +41-43-812-2048; or Investor Relations, Dagmara
Robinson, drobinson@gategroup.com, +41-43-812-54-96

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

Quelle: OTS