Autogrill files an offer for Aldeasa and reaches an agreement with Altadis

Milano, 28 January 2005 - S.p.A. (Milan: AGL IM) – the leading player in Europe and North America of food & beverage and retail outlets for people on the move along motorways, airports and railway stations – today filed with the CNMV (Comisión Nacional del Mercado de Valores), through Retail Airport Finance S.L.U., wholly owned subsidiary of Autogrill Espana S.A.(100% Autogrill S.p.A.), a cash offer for 100% of the share capital of Aldeasa S.A. (Madrid: ALD SM) – the Spanish operator of duty-free, travel value, and duty paid stores in Spanish airports – in which Altadis S.A. (Madrid: ALT SM) – one of the leading players in European tobacco as well as in the wholesale distribution sector – owns a 34.6% interest.