AGM Statement

City Centre Restaurants PLC
5 June 2001


                         CITY CENTRE RESTAURANTS PLC

                                AGM STATEMENT


At the AGM City Centre Restaurants plc held today, Alan Jackson, Chairman,
made the following comments on current trading:


'The Group has had a encouraging start to the year and continues to benefit
from the restructuring which commenced in February'.


'The Group is continuing to explore opportunities to dispose of a number of
brands that are considered to be non-core to the Group's strategy going
forward. The Company will update Shareholders when practicable.'


'Performance is steadily improving across the Group as a whole with some
notable successes. Caffe Uno is showing much improved performance with like
for like sales increasing from a negative 5% in January to a positive of 2% in
May. Frankie & Benny's continues its strong growth track record with like for
like sales up 5% and Garfunkel's, including its Airport locations, has a 1%
like for like increase through this period. Over the last few months, Est Est
Est has undergone extensive change and this brand is now showing encouraging
signs of recovery.'


'Along with other leisure industry operators, we are concerned that numbers of
foreign tourists visiting London are lower than expected. However, we are
confident that this is being offset by an increased number of UK visitors into
London and higher levels of custom at leisure parks over recent months
benefiting Frankie & Benny's in particular.'


'In addition, a number of changes have taken place at Board level over the
last few months. I am delighted to welcome Andrew Page as Group Finance
Director and Andrew Thomas as a Non-Executive Director to the Board. Both
Henry King, our former Chairman, and Michael Williams Jones retire from the
Board today and the Group would like to thank them for their contribution.'


'The Directors are confident that the Group has the management direction and
strategic focus in place to continue to deliver an improved performance. I
envisage the rapid re-establishment of City Centre Restaurants as a
significant and credible operator in its chosen markets.'

                                                                   5 June 2001


ENQUIRIES:

City Centre Restaurants plc                     College Hill
Alan Jackson, Chairman                          Justine Warren
Andrew Guy, Chief Executive                     Matthew Smallwood

Tel: [phone]                              Tel: [phone]