G&K Services, Inc.

G&K Services, Inc.

January 04, 2005 16:15 ET

G&K Services Receives `50 Best Employers' Award in Canada


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: G&K SERVICES, INC.

NASDAQ SYMBOL: GKSRA

JANUARY 4, 2005 - 16:15 ET

G&K Services Receives `50 Best Employers' Award in
Canada

MINNEAPOLIS--(CCNMatthews - Jan 4, 2005) -

G&K Services, Inc. (Nasdaq:GKSRA), today announced that it was named one
of the 50 Best Employers in Canada. The award is sponsored by The Globe
and Mail, Canada's national newspaper, and Hewitt and Associates, a
global consulting firm whose Vancouver, British Columbia office
conducted and analyzed the surveys for the award.

G&K Services has been providing branded identity apparel and facility
service programs to customers in Canada since 1990. Today, G&K is the
largest provider of these programs in Canada, employing more than 1,500
people.

"We are honored by this distinction," said Robert Wood, president of G&K
Canada. "Because the award was based on the response of our employees,
it is a testament to the hard-working individuals across the team who
make G&K a fulfilling place to work. We look forward to maintaining
these high standards."

Hewitt and Associates designed the survey in conjunction with Globe and
Mail personnel, who made the final decision on the winners. The survey
was sent to more than 1,000 Canadian companies with greater than 300
employees. Broken down into three components - the Leadership Team
Survey, the Human Resources Survey, and the Employee Opinion Survey -
the results were meant to capture a broad employee perspective within
the company.

The Leadership Team survey focused on the vision, culture, strengths and
opportunities of the organization while the Human Resources survey
focused on the HR strategy and philosophy of the company. The Employee
survey was distributed to a random sample of employees, representing
union and non-union groups proportionally. Based on the population of
G&K Canada, 300 employee surveys were required for consideration.

"Our outstanding team of people in Canada makes G&K a great place to
work," said Richard Marcantonio, president and chief executive officer
of G&K Services, Inc. "We are proud to be recognized as one of the '50
Best Employers' in Canada. Through the hard work and dedication of our
employees, we have built upon our leading position in Canada. Every day,
our Canadian partners look for new and innovative ways to enhance the
image of our customers and keep their facilities clean and safe."

The results and an article on the winners were published in the Globe
and Mail's December 31st edition of the Report on Business which can be
accessed at www.hewitt.com/bestcompaniescanada.

Safe Harbor for Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 (the "Act")
provides companies with a "safe harbor" when making forward-looking
statements as a way of encouraging them to furnish their shareholders
with information regarding expected trends in their operating results,
anticipated business developments and other prospective information.
Statements made in this press release concerning our intentions,
expectations or predictions about future results or events are
"forward-looking statements" within the meaning of the Act. These
statements reflect our current expectations or beliefs, and are subject
to risks and uncertainties that could cause actual results or events to
vary materially and adversely from stated expectations. Given that
circumstances may change, and new risks to the business may emerge from
time to time, having the potential to negatively impact our business in
ways we could not anticipate at the time of making a forward-looking
statement, you are cautioned not to place undue reliance on these
statements, and we undertake no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise.

Some of the factors that could cause actual results or events to vary
from stated expectations include, but are not limited to, the following:
unforeseen operating risks; the effects of overall economic conditions
and employment; fluctuations in costs of insurance and energy;
acquisition integration costs; the performance of acquired businesses;
preservation of positive labor relationships; competition, including
pricing, within the branded identity apparel and facility services
industry; and the availability of capital to finance planned growth.
Additional information concerning potential factors that could affect
future financial results is included in our Annual Report on Form 10-K
for the fiscal year ended July 3, 2004.

About G&K Services, Inc.

Headquartered in Minneapolis, Minnesota, G&K Services, Inc. is a market
leader in branded identity apparel programs and facility services in the
United States, and is the largest such provider in Canada. G&K operates
over 130 processing facilities and branch offices, serving more than
160,000 customers.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    G&K Services, Inc., Minneapolis
    Investor Contacts:
    Jeffrey L. Wright, 952-912-5500
    or
    Glenn L. Stolt, 952-912-5500
    or
    G&K Canada
    Media Contact:
    Robert Wood, 905-677-6161