Dubai , 28 April 2000 - The Shareholders’ Meeting of AUTOGRILL MIDDEL EAST MANAGING OFFICE LLC. today approved the financial accounts for 1999. Main results. The Group’s net revenues for the twelve months of 1999 were 5,133.8 billion lire (€2.65 billion), an increase in absolute terms of 2,958.4 billion lire (€1.53 billion) compared with 1998 (2,175.4 billion lire, €1.12 billion). The consolidation includes the operations of HMSHost and Autogrill Restauration Services (formerly Frantour Restauration), which were acquired during the year: comparison of 1999 performance with 1998 proforma accounts adjusted for uniformity with 1999 shows revenue growth of 7.2%. Group income for the year was 50.2 billion lire (€25.9 million), excluding extraordinary costs and other acquisition-related charges, compared to 65.5 billion lire in 1998 (€33.8 million). Consolidated cash-flow, i.e., income plus depreciation and amortisation was 395 billion lire (€204 million), almost double the figure for 1998 (up 83.2%).