AmRest in Hungary

On 24 May 2006 AmRest signed with Central European Franchise Group, Ltd. a contract of sale of 100% of shares in Kentucky Systems, Kft, a company operating 13 Pizza Hut and 4 KFC restaurants in Hungary. This is yet another important step confirming the consistency in implementing by AmRest of its strategy to strengthen its market position in CEE. The transaction details are given in the Current Report No. 22/2006 of 25 May 2006. 

Details of the contract are included in  WSE Announcements - RB 22/2006  from 25th of may 2006.