EANS-Adhoc: gategroup Holding AG / Board of Directors Puts Dividend and Repeal of Restriction on Voting Rights on Annual General Meeting of Shareholders Agenda

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15.03.2012

ZURICH, March 15, 2012 --

- Board of Directors of gategroup Holding AG announces several agenda items
for the Annual General Meeting of Shareholders, to be held April 18, 2012
- Proposal of a dividend of CHF 0.80 per registered dividend paying share,
free of Swiss withholding tax, funded by a withdrawal from the reserve
from capital contribution
- Proposal to amend Articles of Incorporation to remove restrictions on
share transfers and limitations of voting rights for persons or entities
holding more than 10% of the registered share capital
- Proposal for a non-binding consultative vote on the 2011 Compensation
Report
- Five current members of the Board of Directors proposed for re-election
and nomination of two new members of the Board - Andrew Gibson, CEO of
gategroup, and Remo Brunschwiler, CEO of Swisslog Holding AG
- The Board also announces its decision to introduce quarterly financial
reporting to facilitate performance tracking of gategroup by shareholders
and investors

The Board of Directors of gategroup Holding AG, the leading independent

global provider of onboard products and services, today confirmed its
intention to pay a dividend to shareholders as part of its list of
proposed agenda items for the upcoming Annual General Meeting on
April 18.

The motion, subject to shareholder approval, calls for the
distribution of a dividend payment of CHF 0.80 per registered
dividend paying share, free of Swiss withholding tax, funded by a
withdrawal from the reserve from capital contribution. As a result of
a Swiss tax reform, effective as of January 1, 2011, Swiss tax
legislation allows the payment of a dividend without the deduction of
35% Swiss withholding tax if originating from the reserve from
capital contribution. If approved, the dividend will be paid on April
25, 2012.

The dividend proposal follows the statement made in the Chairman's
Letter of gategroup's 2011 Annual Report, published February 28,
2012, that the Board would consider a return to shareholders in line
with the Company's stated dividend policy and would include the
proposal in the invitation to the Annual General Meeting.

In addition to the dividend proposal, shareholders attending the
Annual General Meeting on April 18 will be invited to approve the
2011 Business Report, which incorporates the 2011 Annual Report, the
Compensation Report, the Financial Statements and Consolidated
Financial Statements. The Board further proposes that the 2011
Compensation Report be presented for a non-binding consultative vote.

Another key agenda item is the proposal to amend the Articles of
Association to reduce share transfer restrictions and repeal
limitations on voting rights. gategroup's Board proposes to remove
the voting right limitation currently placed on persons and entities
holding more than 10% of the registered share capital. By removing
this limitation, the Board has opted to follow the principle of "one
share, one vote" intrinsic to corporate governance best practice.

Separately, the Board has decided to introduce quarterly financial
reporting in 2012 with the aim of improving transparency of the
business and its performance to shareholders and investors.

Finally, re-election of the current members of the Board for a one
year term will be proposed and, in a separate vote, two new
candidates are nominated for election to the Board for a one year
term: Andrew Gibson, CEO of gategroup, and Remo Brunschwiler, CEO of
Swisslog Holding AG.

The invitation to the Annual General Meeting of Shareholders, including full
agenda and associated documentation, will be issued to shareholders on March 23,
2012, and published on the same day in the Swiss Official Gazette of Commerce
and on the gategroup website (www.gategroup.com).

gategroup Holding AG's Annual General Meeting of Shareholders will take
place on Wednesday April 18, 2012, at 10.00am CET at the Radisson Blu Hotel,
Zurich-Airport, Switzerland.

Please see the following link on the gategroup web site for the Annual
Report 2011 including Financial Statements and additional company information:

http://www.gategroupmember.com/index.php?option=com_content&view=arti
cle&id=498&Itemid=228

About gategroup: gategroup is the leading independent global
provider of onboard services to companies that serve people on the
move. gategroup comprises the following brands: deSter, eGate
Solutions, Gate Aviation, Gate Gourmet, Gate Safe, Harmony, Performa,
potmstudios, Pourshins and Supplair. Shares of Zurich-based gategroup
are traded on the SIX Swiss Exchange under the symbol GATE. Please
visit our website at www.gategroup.com

Further inquiry note:
For media - Carol Reed, creed@gategroup.com, +41 43 812 9128, or John Bronson,
jbronson@gategroup.com, +41 43 812 2048; For investors/analysts, Dagmara
Robinson, drobinson@gategroup.com, +41 43 812 5496

end of announcement euro adhoc
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issuer: gategroup Holding AG
Balz-Zimmermannstrasse 7
CH-8302 Kloten
phone: +41 43 812 54 96
FAX: +41 43 812 91 19
mail: invest@gategroup.com
WWW: http://www.gategroupmember.com/
sector: Consumer Goods
ISIN: CH0100185955
indexes:
stockmarkets: Hauptsegment: SIX Swiss Exchange
language: English