Trading Statement

Greggs PLC
04 November 2005

                                                                 4 November 2005

                                   GREGGS plc

                             AUTUMN 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 1,300 retail outlets throughout the UK, trading under the Greggs and
                              Bakers Oven brands.


Group Managing Director Sir Michael Darrington reports: 'Group like-for-like
sales since the start of the second half (the 19 weeks to 29 October 2005) have
increased by 2.8%.  After an increase in the first six weeks to 30 July of 3.0%,
as already reported, sales trends improved slightly for a period with the onset
of more favourable weather.  However, this has been more than offset by poorer
performance in recent weeks.


Trading conditions have proved less positive than we expected at the time of our
interim results announcement in August, and we believe that this is attributable
to the well-publicised weakness of the retail market as a whole.  This is
resulting in lower footfall on the high street, which is affecting both our
brands but having a greater impact on Bakers Oven, whose format is more exposed
to the effects of reduced consumer traffic.


Energy costs have risen, as expected, but we are taking action across the Group
to control all our variable costs in the light of the more challenging sales
environment.


Profits in the second half to date remain below budget and the level of last
year.  The final outturn for the period depends on performance in the weeks
ahead, and particularly over the Christmas period.  However, given the good
first half, I believe that we will make modest progress over the year as a
whole.


So far this year we have opened a net 49 new shops, taking us to a total of
1,312 at 29 October.  Further openings are scheduled before Christmas and we
expect to approach 60 net openings over the year as a whole.  This is ahead of
our stated targets and reflects our confidence in the long term prospects for
the Group.'



ENQUIRIES:
Greggs plc                                              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]





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