Statement re circular

Pittards PLC
27 June 2005

Pittards plc announces that it has issued a circular to holders of 9.5%
cumulative preference shares in the Company and (for information) to holders of
ordinary 25p shares in the Company. The circular states that, as a consequence
of being required to fully adopt FRS17 in 2005 and the elimination of the
distributable reserves in the Company's balance sheet due to the deficit in the
Company's pension scheme, likely to result when the 31 December 2004 results are
restated, the Directors have concluded that the Company should not pay the
dividend due to Preference Shareholders on 30 June 2005 and the Directors are
currently unable to foresee when the payment of dividends to either Preference
Shareholders or Ordinary Shareholders may be resumed.


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