Holding(s) in Company

Greggs PLC
17 January 2005


On the 17 January 2005 Greggs PLC ("the Company") received the following
notification:


"Dear Sirs,

Enclosed are amended 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 arise 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

Bank of New York Brussels                FIL                         6,400
Brown Bros Harriman Ltd LUX              FIL                         4,667
JP Morgan, Bournemouth                   FIL                         9,700
National ASTL BK Melbourne               FIL                         3,200
State STR BK and TR Co LNDN              FIL                         8,608
JP Morgan, Bournemouth                   FISL                        43,147
Brown Brothers Harriman and Co           FMRCO                       182,000
State Street Bank and TR Co              FMRCO                       700
Brown Brothers Harriman and Co           FMTC                        2,200
JP Morgan Chase Bank                     FMTC                        2,200
State Street Bank and TR Co              FMTC                        61,700
Bank of New York Brussels                FPM                         61,150
Bankers Trust London                     FPM                         13,600
Citibank London                          FPM                         12,650
Clydesdale Bank PLC                      FPM                         6,400
HSBC Bank PLC                            FPM                         33,200
JP Morgan, Bournemouth                   FPM                         128,900
Mellon Bank                              FPM                         38,300
Midland Securities Services              FPM                         6,800
Northern Trust London                    FPM                         145,144
State Street BK and TR Co LNDN           FPM                         67,641

Total ordinary shares:                   844,607

Change in shareholdings since 
last filing                             (109,686)"


This represents 6.956% of the issued share capital (based on the total number of
shares in issue being 12,141,603).


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