Holding(s) in Company

Greggs PLC
16 January 2003

On the 16 January 2003 Greggs PLC ("the Company") received the following
notification:


"Dear Sirs,


Enclosed are notifications of disclosable interests under the U.K. Companies Act
1985. Please note that while this information details the disclosable interests
of more than one entity, the enclosed disclosure constitutes separate
notifications of interest which have been combined solely for the purposes of
clarity and efficiency. It is not intended to indicate that any of these
entities act as a group or in concert with respect to these interests.


These disclosures are made in the interest of conformity with the Companies Act.
The interest detailed herein were acquired solely for investment purposes. For
disclosure purposes, holdings should be represented as FMR Corp. and its direct
and indirect subsidiaries, and Fidelity International Limited (FIL) and its
direct and indirect subsidiaries, both being non-beneficial holders.


NOTIFICATIONS UNDER SECTIONS 198 TO 202 UK COMPANIES ACT


1.     Company in which shares are held:          Greggs PLC


2.     Notifiable Interest:                    Ordinary Shares


     (A)     FMR Corp.

          82 Devonshire Street

          Boston, MA 02109




                FMR Corp are the parent holding company of Fidelity Management &
                Research Company (FMRCO), investment manager for US mutual
                funds, and Fidelity Management Trust Company (FMTC), a US state
                chartered bank which acts as a trustee or investment manager of
                various pension and trust accounts (see schedule A for listing
                of registered shareholders and their holdings).



     (B)     Fidelity International Limited (FIL)

          PO Box HM 670

          Hamilton HMCX, Bermuda


                Fidelity International Limited (FIL) are the parent holding
                company for various direct and indirect subsidiaries, including
                Fidelity Investment Services Ltd. (FISL) and Fidelity Pension
                Management (FPM), investment managers for various non-US
                investment companies and institutional clients. (see schedule A
                for listing of registered shareholders and their holdings).


3.     The notifiable interests also comprise the notifiable interest of:




        Mr Edward C Johnson 3d

        82 Devonshire Street

        Boston, MA 02109

Mr Johnson is a principal shareholder of FMR Corp and Fidelity International
Limited.


        4.     The notifiable interests include interest on behalf of authorised
        unit trust schemes in the UK, notwithstanding the exemption from
        reporting pursuant to Section 209 (1) (h) of the Companies Act 1985.


        5.     These notifications of disclosable interests constitute separate
        notifications of interest in the shares and are combined solely for the
        purposes of clarity. Nothing herein should be taken to indicate that FMR
        Corp. and its direct and indirect subsidiaries, Fidelity International
        Limited and its direct and indirect subsidiaries or Mr Edward C. Johnson
        3d act as a group or in concert in respect of the disclosed interests,
        or that they are required to submit these notifications on a joint
        basis.


        6.     The disclosable interests under section 208 (4) (b) of the Act,
        namely where a person, not being the registered holder, is entitled to
        exercise a right conferred by the holding of the shares or to control
        the exercise of such rights, or under section 203 of the Act
        respectively.




(Schedule A)


Nominee/Registered Name             Management Company          No. of shares

HSBC                                     FMRCO                      35,000

State Street Bank & Trust                FMTC                       15,000

Chase Manhattan Bank London              FISL                        2,115

Bankers Trust                            FPM                        33,560

Citibank                                 FPM                        10,350

Deutsche Bank                            FPM                         2,550

HSBC                                     FPM                        25,500

Bank of New York London                  FPM                         8,450

HSBC Client Holdings Nominee (UK ) Limited     FIL                  82,560

Chase Manhattan Bank London              FIL                         5,784

Northern Trust                           FIL                        26,546

JP Morgan                                FIL                        26,300

State Street Nominees Limited            FIL                        14,900

Bank of New York Brussels                FIL                        20,200

State Street Bank & Trust                FIL                         2,600

Bank of New York London                  FIL                        40,300

Nortrust Nominees Limited                FIL                        30,900

Morgan Stanley                           FIL                        20,800

Deutsche Bank                            FIL                         5,800

Citibank                                 FIL                         2,250


Total ordinary shares:                                             411,465



This represents 3.42% of the issued share capital.


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