Elior Group

Capital/Financing Update • May 4, 2016

PRESS RELEASE

Paris, May 4, 2016

Finance Elior Group successfully performs the refinancing of its high-yield bond, thus reducing the cost of its debt over the long term

Today, Elior Group completed the early redemption of its 6.5% May 2020 high-yield bonds listed in Luxembourg, under ISINs XS0808635600 and XS0808638299, for a total amount of €186 million (including the redemption premium), and announced that it had raised an equivalent amount with investors in the form of a seven-year private placement, at a variable Euribor rate, plus a margin of 250 basis points. These transactions make it possible for the Group to further lower the cost of its debt, while extending its maturity.

Olivier Dubois, Chief Financial Officer of the Group, stated: "We are continually working to optimize our balance sheet, reduce financing costs, extend debt maturity and diversify sources of financing. This new transaction underscores the attractiveness of Elior Group's debt, and the confidence of our banking and financial partners."

About Elior Group

Founded in 1991, Elior Group has grown into one of the world's leading operators in the catering and support services industry, and is now a benchmark player in the business & industry, education, healthcare, and travel markets.

In FY 2014-2015, it generated €5,674million in revenue through 18,600 restaurants and points of sale in 13 countries. Our 108,000 employees serve 4 million customers on a daily basis, taking genuine care of each and every one by providing personalized catering and service solutions to ensure an innovative customer experience.

We place particular importance on corporate social responsibility and have been a member of the United Nations Global Compact since 2004. The professional excellence of our teams, as well as their unwavering commitment to quality and innovation and to providing best-in-class service is embodied in our corporate motto: "Time savored".

For further information: http://www.eliorgroup.com Elior on Twitter: @Elior_Group

Press contacts:

Anna Adlewska / Caroline Guilhaume – anna.adlewska@fticonsulting.com / caroline.guilhaume@fticonsulting.com +33 (0)1 47 03 68 10

Investors contact:

Marie de Scorbiac – marie.descorbiac@elior.com / +33 (0)1 40 19 51 09

eliorgroup.com