Performance Food Group to Start Customized Distribution for 250 Ruby Tuesday Restaurants

Business Wire, August 15, 2001

Business Editors

RICHMOND, Va.--(BUSINESS WIRE)--Aug. 15, 2001

Performance Food Group (Nasdaq/NM: PFGC) today announced that it has been awarded a contract to provide customized foodservice distribution for approximately 250 restaurants operated under the names Ruby Tuesday, Mozzarella's American Cafe, and Tia's Tex Mex. The restaurants are located principally in the Southeast and represent approximately 40% of the units operated nationally by Ruby Tuesday, Inc. and SRG, Inc. The Company indicated that the contract, when fully implemented, would mean about $110 million in annual revenues.

Thomas Hoffman, Senior Vice President and President of the Company's Customized Foodservice Division, remarked, "We are excited about forming a working relationship with these fast-growing, successful restaurant operators. We plan to start serving about half of these units early in the fourth quarter of 2001 from our Gainesville, Fl. customized distribution facility. In the first quarter of 2002, we will expand our coverage to serve the remaining restaurants from our Lebanon, Tn. customized distribution center. A central focus of the growth in our customized distribution business has been to ensure that our infrastructure, systems, and personnel are capable of delivering consistently high service to all of our customers. Our role is vital in helping our customers deliver positive guest experiences. We are proud of the record we have accomplished in meeting these objectives."

Performance Food Group markets and distributes more than 31,000 national and private label food and food-related products to approximately 27,000 restaurants, hotels, cafeterias, schools, healthcare facilities and other institutions. For more information on Performance Food Group, visit www.pfgc.com.

Certain statements in this news release consist of forward-looking statements that involve risks and uncertainties, including, but not limited to, the economic sensitivity of the foodservice business, the reliance on major customers, the ability to identify and successfully complete acquisitions of other foodservice distributors and management of the Company's planned growth as detailed from time to time in the reports filed by the Company with the Securities and Exchange Commission.