Response to Press Speculation

Greggs PLC
8 November 2001


                                                               8 November 2001



                                  GREGGS plc

                         COMMENT ON PRESS SPECULATION


In the light of press speculation, the Board of Greggs plc confirms that it is
not in discussions with any party regarding a possible offer for the Company,
nor has it received any approaches that might lead to such discussions.



ENQUIRIES:

Hudson Sandler

Keith Hann / Wendy Baker

Tel: [phone]