Premier Capital plc - Appointment as Development Licensee in Greece

On 23 May 2011 Premier Capital plc announced that it has been appointed the developmental licensee for McDonald’s in the Greek market. The Premier Group will be taking over 19 restaurants mainly located in and around Athens and will be responsible for the operation of the current 19 restaurants as well as the future development of the McDonald’s business and brand in Greece.

Following the addition of this new market, Premier Capital is now the Development Licensee in five jurisdictions, namely: Malta, Estonia, Latvia, Lithuania and Greece with an aggregate of 54 restaurants (8 in Malta, 10 in Estonia, 9 in Lithuania, 8 in Latvia and 19 in Greece).

Premier Capital stated that it will be commencing operations in Greece on 1 June 2011.