ARAMARK Acquires Food and Lodging Service Provider to Energy, Forestry Remote Camps in Canada.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--Aug. 8, 2002

ARAMARK (NYSE:RMK), a world leader in managed services, has acquired Travers Food Service, Ltd., a Canadian provider of food and lodging services to remote camps, for U.S. $18 million (25 million Canadian dollars) in

Travers, which was founded in 1978 and is headquartered in Edmonton, Alberta, provides camp, catering and logistics services at remote sites for oil and gas exploration, forestry, military, railway and large construction projects throughout the west to many of Canada's largest companies.

Travers also provided food and lodging services to more than 2,000 security personnel at this year's G8 Summit, an annual meeting of leaders from eight countries that addresses global economic development and foreign policy, which was held in Alberta last month.

ARAMARK currently provides a range of remote site management services, including food, housekeeping, laundry, maintenance, commissary, lounge, recreation, administrative services and turn-key camp operations in Canada and around the world, including remote sites and offshore locations in the United Kingdom, West Africa, the former Soviet Union and the Gulf of Mexico.

"Travers has significant experience in remote camp operations, with an experienced management team and solid relationships with some of Canada's leading companies," said Joseph Neubauer, Chairman and CEO of ARAMARK. "This acquisition will enable ARAMARK to expand the range of services we can provide to the growing remote camp sector and to leverage current remote site and offshore capabilities for new and existing clients in Canada and abroad."

In Canada, in addition to remote camp services, ARAMARK provides a complete range of managed services, such as food, dining, coffee and vending, office clerical, janitorial and laundry, plant operations and maintenance, conference center, environmental and patient care, to business and industry, education, healthcare and other clients.

About ARAMARK

ARAMARK is a world leader in providing managed services, including food, facility and other support services, uniform and career apparel and childcare and early education. ARAMARK has leadership positions serving the business, education, healthcare, government, sports and recreation sectors.

ARAMARK is ranked No. 1 in the outsourcing services category and is among the Top 50 companies overall in FORTUNE Magazine's 2002 "Most Admired Companies in America." Headquartered in Philadelphia, ARAMARK has approximately 200,000 employees serving customers in 17 countries.

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Factors that might cause such a difference include: unfavorable economic conditions, including ramifications of the September 11th terrorist attacks and other terrorist attacks, increased operating costs, shortages of qualified personnel and other factors leading to increased labor costs, costly compliance with governmental regulations, currency risks and other risks associated with international markets, risks associated with acquisitions, including our ability to integrate and derive the expected benefits from our acquisition of ServiceMaster Management Services and other acquisitions, competition, decline in attendance at client facilities, unpredictability of sales and expenses due to contract terms, significant leverage, claims relating to the provision of food services, liability associated with non-compliance with governmental regulations, including regulations pertaining to food services, the environment and childcare service, seasonality and adverse publicity concerning incidents at childcare centers.

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, its 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.

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