Alsea de CV : announces changes in its management team

Mexico City, April 3, 2017. Alsea, SAB de C.V. (BMV: ALSEA *) the leading operator of Quick Service Restaurants, Coffee Shops, and Casual Dining establishments in Latin America and Spain announces that as of Thursday, June 1, 2017, Diego Gaxiola Cuevas will leave the Chief Financial Officer position, to continue his professional development outside the company.

Alberto Torrado, Chairman of the Board of Directors of Alsea commented: "I want to thank Diego for his dedication and more than 12 years of work in the company, a period during which he contributed to the growth and development of Alsea, reason why we wish him great success in his new challenges." He also added: "Diego leaves the company with a solid team, well prepared and ready to face the new growth chapter of Alsea".

Renzo Casillo, Chief Executive Officer of Alsea commented: "Likewise, I want to thank Diego for all the effort and support he has given to the company over these years. On my side, I will be personally involved during this transition period in the process of identifying talent and analyzing the different alternatives to cover this position".

This press release contains certain forward-looking statements that reflect the current views and/or expectations of Alsea and its management with respect to its performance, business and future events. We use words such as "believe", "anticipate", "plan", "expect", "intend", "target", "estimate", "project", "predict", "forecast", "guideline", "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Alsea is under no obligation and expressly disclaims any intention or obligation to update or revised any forward- looking statements, whether as a results of new information, future events or otherwise.

Alsea is the leading restaurant operator in Latin America and Spain of global brands in the quick service, coffee shop, casual and family dining segments. It has a diversified portfolio, with brands such as Domino's Pizza, Starbucks, Burger King, Chili's, California Pizza Kitchen, P.F. Chang's, Italianni's, The Cheesecake Factory, Vips, El Portón, Archie's, Foster's Hollywood, LAVACA and Cañas y Tapas. The company operates more than 3,100 units and has more than 67,000 employees in Mexico, Argentina, Chile, Colombia, Brazil and Spain. Alsea's business model includes support for its brands through a Shared Services Center that provides all of the Administrative and Development Processes, as well as the Supply Chain.

For more information, visit: www.alsea.com.mx

Investor Relations Telephone: (5255) 7583-2000 ri@alsea.com.mx