Tuesday, 20 February 2018

Announcement

GENERAL: CGF: Cooks opens first Esquires store in mainland Europe

13 Dec 2017 12:01NZX
NZAX AND MEDIA RELEASE
13 December 2017

Cooks opens first Esquires store in mainland Europe

Store opens in Porto, Portugal as Esquires Coffee named top-rated coffee
franchise in the United Kingdom by Elite Franchise magazine

Cooks Global Foods (NZAX.CGF) today announces the opening of the first
Esquires Coffee store in mainland Europe.

The announcement comes as Esquires Coffee was named the top-rated coffee
franchise in the United Kingdom by Elite Franchise magazine and among the
country''s top 100 franchises.

Esquire''s new store in Porto, Portugal officially opened on Monday 11
December and follows the conclusion of a franchisee agreement in June of this
year (images of the store in the attached).

The move is part of Cooks'' continuing drive into new markets where it sees
the potential for its unique take on Organic and Fairtrade coffee.

Over the last year Cooks has signed preliminary term sheets to extend
Esquires'' presence into the Middle East, North Africa & West Asia, Hong Kong,
Macau and Taiwan and it is in talks to engage franchisees in a number of
other regions.

Cooks executive Chairman Keith Jackson said: "Mainland Europe represents an
attractive territory for Esquires. New Zealand''s third-wave cafe culture is a
fresh take on coffee in a market that is dominated by traditional formats.
Cooks and our European partners believe our offer will resonate with
customers."

"Our confidence in the business was this week underscored by the naming of
Esquires Coffee as the top-rated coffee store franchise in the United
Kingdom. We are excited about the opportunities we see."

Elite Franchise rates all franchises on its list according to a broad range
of criteria ranging from growth and the support they offer franchisees,
through to their financial performance and their contribution to the
community. The full list is available here.

Cooks will provide a further update on its operations when it releases its
results for the year to 30 September 2017 on Thursday 14 December 2017.

For further information:
Keith Jackson
Executive Chairman
Tel: +64 9 304 0567 ext. 714.

Richard Inder
The Project
Tel +64 21 645 643

About Cooks Global Foods

Cooks Global Foods operates in world markets and is listed on the NZAX market
operated by NZX Limited in New Zealand under the code CGF. It owns the
intellectual property and master franchising rights to Esquires Coffee Houses
worldwide excluding New Zealand and Australia. Cooks currently operates or
franchises Esquires Coffee in Canada, the United Kingdom, Ireland, Bahrain,
Kuwait, Saudi Arabia, UAE, Indonesia, Portugal, and China. For more
information visit: www.cooksglobalfoods.com
End CA:00311862 For:CGF    Type:GENERAL    Time:2017-12-13 12:01:03
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Cooks Global Foods
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