ARAMARK Named Most Admired Outsourcing Company in New Fortune Ranking.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--Feb. 24, 2003

ARAMARK (NYSE:RMK), a world leader in managed services, was once again ranked the No. 1 company in "Diversified Outsourcing Services" in FORTUNE Magazine's new ranking of America's Most Admired Companies.

ARAMARK achieved its highest score ever, moving to No. 10 in the overall list of companies ranked by score. ARAMARK also improved in every attribute measured in the Fortune survey and earned its highest ratings ever in each area -- including "Innovativeness," "Employee Talent," "Use of Corporate Assets," "Social Responsibility," "Quality of Management," "Financial Soundness," "Long-Term Investment Value" and "Quality of Products/Services." Specifically, the company rated among the highest of all 580 companies included in the survey in "Quality of Management," "Use of Corporate Assets" and "Long-Term Investment Value." The company had captured the No. 1 spot in the Outsourcing category for the first time in 2002. This year, ARAMARK moved from No. 48 to No. 10 in the overall list of companies ranked by score earning an 8.06 overall average rating, compared to 7.29 in 2002.

"We are extremely proud of the dedication and commitment of our people and their success in creating greater value for our clients year after year," said Joseph Neubauer, Chairman and CEO of ARAMARK. "We will build on this achievement and continue to be No. 1 in every measure as we work to expand even more opportunities for growth with each of our clients."

To conduct the ranking, FORTUNE commissioned the Hay Group consultancy to study the 10 largest companies (by revenues) in 58 industries. The firm then asked 10,000 executives, directors and securities analysts to rate the companies in their own industries based on criteria of eight categories.

About ARAMARK

ARAMARK is a world leader in providing managed services -- including food, facility and other support services, uniform and career apparel, and child care and early education. ARAMARK ha leadership positions services the business, education, health care, government, sports and recreation segments. The company, headquartered in Philadelphia, has approximately 200,000 employees serving clients in 18 countries.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements that reflect our current views as to future events and financial performance with respect to our operations. These statements can be identified by the fact that they do not relate strictly to historical or current facts.

They use words such as "aim," "anticipate," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe" and other words and terms of similar meaning in conjunction with a discussion of future operating or financial performance.

Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond our control) that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements.

The forward-looking statements regarding such matters are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.

Factors that might cause such a difference include: unfavorable economic conditions, including ramifications of any future terrorist attacks; increased operating costs; shortages of qualified personnel; currency risks and other risks associated with international markets; risks associated with acquisitions, including acquisition integration costs; our ability to integrate and derive the expected benefits from our recent acquisitions, including our acquisition of ServiceMaster Management Services; competition, decline in attendance at client facilities; unpredictability of sales and expenses due to contract terms and terminations;, high leverage; claims relating to the provision of food services; costs of compliance with governmental regulations; liability associated with non-compliance with governmental regulations, including regulations pertaining to food services, the environment and childcare service; seasonality; adverse publicity concerning incidents at childcare centers; and levels of enrollment in our education business.

For further information regarding risks and uncertainties associated with ARAMARK's business, please refer to the "Management's Discussion and Analysis of Results of Operations and Financial Condition" and "Risk Factors" sections of ARAMARK's SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting ARAMARK's investor relations department at www.aramark.com.

Forward-looking statements speak only as of the date made. We undertake no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us.