RB 27/2008 Annex to significant agreement – Pepis-Cola
15-05-2008

The Management Board of AmRest Holdings N.V. (“AmRest”) informs about signing, on 15 May 2008, of the Annex to the agreements signed with Pepsi-Cola International, Pepsi-Cola General Bottlers Poland Sp. z o.o. and General Bottlers CR s.r.o (collectively „Pepsi-Cola”), dated 23 March 2005 (RB 4/2005 dated 24 March 2005). The agreements are concerning the delivery of beverages to AmRest restaurants located in Poland and Czech Republic. The Annex prolongs the agreements by 31 December 2012. Based on the prolongation conditions AmRest will receive some additional marketing funds from Pepsi-Cola, proportionally to the prolongation period, provided that the sales revenues will be maintained minimum at the current level.
 
Additionally American Restaurants Kft. („AmRest Hungary”) and Fövárosi Ásványvíz és Űditöipari Rt. (“Pepsi-Cola Hungary”) and PepsiCo International exited from the current agreement and signed the new agreement on conditions similar to those in Poland and Czech Republic. This agreement will also expire on 31 December 2012.
 
Signing of the above documents will enable the optimization of cost of sales within the beverage sector and marketing policy unification among the three above mentioned markets.
 
The above agreements were defined as significant agreements since the estimated value of goods, to be delivered in the above period, exceeds the level of 10% of AmRest equity.
 
 
 
Legal act:
Ustawa o ofercie z dnia 29 lipca 2005 art. 56. ust. 1 punkt 2.

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