RB 06/2008 LOI with Burger King regarding Bulgaria

The Management Board of AmRest Holdings N.V. (“AmRest”) informs about the signing of Letter of Intent between AmRest and Burger King Europe GmbH (“BKE”) regarding Bulgaria.

Both Parties have agreed to enter into negotiations intended for BKE to grant AmRest a Development Agreement and Franchise Agreements thereunder in the country of Bulgaria.  The negotiations will include the specific terms and conditions that will be mutually acceptable to both parties as it relates to AmRest developing and operating Burger King Restaurants in Bulgaria.

Since 2007 AmRest has had a right to open and operate Burger King restaurants in Poland (RB 5/2007 and RB 6/2007 dated 8 March 2007). Currently AmRest operates 4 Burger King restaurants in this country.

Legal act:

Ustawa o ofercie z dnia 29 lipca 2005 art. 56. ust. 1 punkt 1.