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Aureos invests in leading Peruvian

restaurant group
Operates Peruvian restaurants from casual to fine dining
Plans for further expansion in Peru and into major cities of North America
and Europe

12 July 2012 - The Aureos Latin America Fund (ALAF) today announced that it has acquired a
significant stake in the Peruvian restaurant business, Acurio Restaurantes. This investment is
ALAFs twelfth investment in Latin America and its third in Peru. ALAF is managed by a
subsidiary of Aureos Capital, a leading small and mid-cap private equity fund manager
specialising in global growth markets.

Acurio Restaurantes operates a range of popular restaurants in the Peruvian cuisine segment of
the market. Since its establishment in 1994, the group has launched 32 casual and fine-dining
restaurants around the world, with 19 in major cities outside of Peru, including New York, San
Francisco, Sao Paulo, Mexico City, Buenos Aires and Santiago.

Acurio Restaurantes include Tanta, one of the most popular family-oriented restaurant chains in
Peru, La Mar, a Peruvian fine dining seafood chain and Astrid y Gastn, which is ranked in the
San Pellegrino Worlds 50 Best Restaurants in 2011. The group, originally founded by
internationally renowned chef Gastn Acurio, is now operated by a professional management
team, supported by a team of executive chefs.

Hector Martinez, Partner and Head of Aureos operations in Peru, comments: Perus
gastronomy industry is a fast-growing sector both locally and internationally. We are seeing a
growing trend in markets outside of Latin America for the consumption of Peruvian cuisine
which plays into our value creation strategy of growing Acurio Restaurantes footprint in these
lucrative markets.

Erik Peterson, Aureos Senior Partner for Latin America adds: Our team on the ground
identified Acurio Restaurantes as a standout candidate for investment. The group is the
recognized leader in the Peruvian cuisine space, and provides the markets of Latin America,
North America and Europe with high-quality, differentiated concepts in Peruvian cuisine.
Moreover, the group has a highly successful business model, which has proven, through
profitable growth, to be scalable. We look forward to working closely with the management team
moving forward to grow the business.

Gaston Acurio, Founder of Acurio Restaurantes comments: We are delighted to welcome


Aureos as a shareholder in our company. We look forward to working with such a high profile
international investor and leveraging Aureos global presence to grow our business in existing
markets and expand it into new ones, fulfilling our vision to introduce Peruvian cuisine to the
world.

ENDS

AUREOS CAPITAL LTD

Aureos Capital is a private equity fund management company which specialises in providing expansion and buy-out
capital to small and mid-cap businesses across Asia, Africa and Latin America.

Since its establishment in 2001, Aureos has increased its funds under management to US$ 1.3 billion and extended
its geographical footprint to over 50 emerging markets covering Asia, Africa and Latin America, by establishing 17
regional private equity funds.

Aureos funds are managed through its network of more than 20 offices worldwide, by a team of over 90 investment
professionals who combine world-class financial and operational expertise with unrivalled local knowledge and
experience.

Investors in Aureos funds include institutional investors, bilateral and multilateral development finance institutions,
pension funds, sovereign wealth funds, fund of funds, family offices and foundations and high net worth individuals.

Aureos is to be acquired by Abraaj Capital in July 2012. With the completion of the acquisition, the Abraaj Group,
including Aureos, will have a presence in more than 30 countries across growth markets, over 150 investments
managed by a dedicated team of investment professionals and approximately US$ 7.5 billion in assets under
management.

Press Contacts:

Lloyd West
Aureos Advisers Limited
Tel: +44 (0)20 7874 1887
Email: lloyd.west@aureos.com

Nick Mattison or Gordon Carver


Mattison Public Relations
Tel: +44 (0)20 7645 3636
Email: gc@mattison.co.uk

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