Trading Statement

Greggs PLC
13 January 2005


13 January 2005

                                   GREGGS plc

                                 TRADING UPDATE


 Greggs is the UK's leading retailer specialising in sandwiches, savouries and
 other bakery products, with a particular focus on takeaway food and catering.
It has over 1,250 retail outlets throughout the UK, trading under the Greggs and
                              Bakers Oven brands.

Group Managing Director Sir Michael Darrington reports: 'We have achieved a
pleasing sales performance in our second half, which comprised the 29 weeks to 1
January 2005.  Group like-for-like sales for the period as a whole have risen by
6.0%.  Performance in the final 11 weeks following the issue of our October
trading update was ahead of our budget, showing a like-for-like increase of
5.7%.

Underlying like-for-like sales growth during the five week period to 8 January
2005, covering Christmas trading, was in line with the overall second half trend
after adjusting for the different holiday closure patterns in the two years.

Our selling price inflation averaged 2.4% over the second half, and is currently
running at the same rate.

During the year we opened a total of 56 new shops and closed 24, including 10
re-sites.  This gave us a net addition of 32 units, in line with our targets,
taking our total estate to 1,263 shops at the year end.

In view of the good sales performance, I am confident that we will report a year
of satisfactory progress when we make our preliminary results announcement,
which is scheduled for 14 March 2005.'



ENQUIRIES:
Greggs plc                                         gcg hudson sandler
Sir Michael Darrington, Managing Director          Wendy Baker / James Hill
Malcolm Simpson, Financial Director                Tel:  [phone]
Tel:   [phone]                               keithhann.communications
                                                   Keith Hann
                                                   Tel:  [phone]


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