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Autogrill holds 62.4% of Alpha Airports Group's shares

Analysis

Autogrill confirmed that as at 11-Jun-07, it holds 62.4% of

Alpha Airports Group's shares and it expects to make an offer for the remaining

shares shortly.

According to Alpha's CEO, Peter Williams, we believe that Autogrill's offer for, and eventual ownership of, Alpha is very good news for the business and all of its stakeholders including our people, customers and suppliers.

Autogrill believes that, together, Alpha Airports and Autogrill will significantly enhance their diversity of offerings and quality of services. In particular, Autogrill see an opportunity to develop the airline catering business leveraging Alpha Airport's know-how, whilst its experience in airport food, beverage and retail will complement Alpha's existing Airport Services business.

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