Trading Statement

Greggs PLC
09 January 2008



9 January 2008

                                   GREGGS plc

                                 TRADING UPDATE



 Greggs is the UK's leading retailer specialising in sandwiches, savouries and
other baker-fresh food on the go.   It has over 1,350 retail outlets throughout
            the UK, trading under the Greggs and Bakers Oven brands.



Group Managing Director Sir Michael Darrington reports:  "The business has
continued to achieve satisfactory like-for-like sales growth since our last
trading update in October.  Like-for-like sales in the second half of our
financial year, comprising the 28 weeks to 29 December 2007, increased by 5.8
per cent, giving overall growth in like-for-like sales for the year of 5.3 per
cent.  The like-for-like sales increase over the Christmas and New Year trading
period, comprising the four weeks to 5 January 2008, was broadly in line with
this at 5.6 per cent.



"During the year we opened 56 new shops and closed 24, making a net addition of
32 and a total of 1,368 units trading at the year end, meeting the increased net
opening target we announced in October.



"We have continued to return cash to shareholders through our share buyback
programme.  During the second half we purchased for cancellation a total of
375,300 ordinary shares at an average price of £47.69 and an aggregate cost of
£18.0 million.



"Despite the continuation of significant cost pressures on a number of our key
ingredients, we look forward to reporting on a year of satisfactory progress
when we make the preliminary announcement of our 2007 results, which is
scheduled for Tuesday, 11 March 2008."




ENQUIRIES:
Greggs plc                                                   Hudson Sandler
Sir Michael Darrington, Managing Director                    Wendy Baker
Richard Hutton, Finance Director                             Tel:  [phone]
Raymond Reynolds, Retail Director
Tel:  [phone]




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