Grant of options

City Centre Restaurants PLC 5 July 2001 City Centre Restaurants plc (The 'Company') Grant of Options On 8 May 2001, the Board approved the grant of options to Andrew Guy, Chief Executive of the Company, over 650,000 of the Company's shares of 25p each. The options were granted for nil consideration and are exercisable at a price of 44.2p, being the average middle market quotation of the Company's shares, as derived from the Daily Official List, over the five dealing days immediately preceding the date of grant. The options are exercisable between three and ten years after their being granted and are subject to various performance criteria.
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