Autogrill signs 30-year extension of Maine Turnpike service area concession for $1bn sales

Milan, 02 March 2006 - Through its American subsidiary HMSHost Corp., Autogrill Group (Milan: AGL IM) has signed an agreement with the Maine Turnpike Authority to extend its highway service area food & beverage concession for a further period of 30 years, from 2007 to 2037. The operation will generate accumulated sales of around $1 billion.

Under the agreement, HMSHost and the Maine Turnpike Authority will rebuild and upgrade the four existing higher density traffic service areas – Kennebunk North, Kennebunk South, Cumberland and Gray – and build a new location in the West Gardiner area, near the intersection of the Turnpike with Interstate 295.