Director Shareholding

Greggs PLC
17 June 2004

On 17 June 2004 Greggs PLC (the "Company") was notified that on 17th June 2004,
the trustees of the Greggs Employee Benefit Trust, including Ian Gregg, Sir
Michael Darrington and Malcolm Simpson (directors of the Company), sold 5,938
ordinary shares of 20p each in the Company ("shares")(0.049% of the issued
shares) at £20.98 per share to employees on the exercise of options granted
pursuant to the Company's Savings Related Share Option Scheme.

After the disposal, the trustees of the Employment Benefit Trust hold 154,713
shares (1.276% 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                 155,490 (1.28%)        154,713 (1.276%)

Malcolm Simpson            85,722 (0.706%)       183,314 (1.512%)

Sir Michael Darrington     70,639 (0.58%)        154,713 (1.276%)

(Both of the Executive Directors, Malcolm Simpson and Sir Michael Darrington,
have a potential beneficial interest in the 154,713 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