Director Shareholding

Greggs PLC
21 March 2003


On 21st March 2003 Greggs PLC ('the Company') was notified that on 21st March
2003, the trustees of the Greggs Employee benefit Trust, including Ian Gregg,
Michael Darrington and Malcolm Simpson (directors of the Company), sold 130 
ordinary shares of 20p each in the company (0.001% of the issued shares) to a 
former employee of the Company at £20.98 per share.

After the transfer, the trustees of the Employment Benefit Trust hold 214,437 
ordinary shares in the Company (1.78% of the issued shares)

The total beneficial and non-beneficial holdings of each relevant director
(excluding interests in share options) following this notification are as
follows:-

                    Beneficial               Non-beneficial

Ian Gregg           230,800 (1.92%)            214,437 (1.78%)

Malcolm Simpson      79,323 (0.66%)            243,038 (2.02%)

Michael Darrington   70,440 (0.59%)            214,437 (1.78%)

(Both of the Executive Directors, Malcolm Simpson and Michael Darrington, have
a potential benefit interest in the 214,437 shares held by the Employee Benefit
Trust shown above as part of their respective non-Beneficial interests).



                      This information is provided by RNS
            The company news service from the London Stock Exchange