Interim Results

CITY CENTRE RESTAURANTS PLC
7 September 1999


                  City Centre Restaurants plc
                              
    Interim Results for the Half Year ended 30th June 1999

City  Centre  Restaurants  plc is the  largest,  independent,
multi-site operator of branded restaurants in the UK and  is
listed  on the London Stock Exchange.  The Group's portfolio
of  well known core brands includes such well-known concepts
as Caffe Uno, Garfunkel's, Wok Wok, Chiquito's, Est Est Est,
Frankie & Benny's and Deep Pan Pizza.

                         HIGHLIGHTS
                              
* Turnover up 11.8% to £97.3m  (1998:£87.0m)

* Pre-tax profit rose to £5.9m (1998:loss (£4.0m) after
  exceptional items)

* Margins of principal brands improved from 15.6% to
  16.5%

* Basic earnings per share rose to 2.24p  (1998:loss
  (2.83p)

* Interim dividend of 0.75p (1998: 0.75p) per share

* Developing brands performed well and continue to drive
  the Group's growth

* Streamlining at Deep Pan Pizza is on track and trading
  at retained restaurants has improved


James  Naylor,  Chief Executive of City  Centre  Restaurants
plc, commented:

'The  outlook  for  the  second half, our  naturally  busier
period,  is  promising.  We will see  the  benefits  of  our
development,   rebranding  and  conversion  programme.    We
anticipate a better trading environment, including a  longer
Christmas  party season due to the Millennium and  a  strong
film  release programme.  We believe City Centre is  now  in
good shape and has excellent prospects.'

                                            7th September 1999
ENQUIRIES:
City Centre Restaurants plc
James Naylor, Chief Executive            Tel:  [phone]
John Wittich, Finance Director

College Hill
Matthew Smallwood
Justine Warren                          Tel:  [phone]


                 City Centre Restaurants plc
                              
   Interim Results for the Half Year ended 30th June 1999
                              
                    Chairman's Statement

We are now beginning to see a recovery from the weak trading
environment  which prevailed for much of the first  half  of
this  year.   During  this  period  we  made  a  significant
investment  in  an  extensive programme  of  rebranding  and
refurbishing  almost  15% of our  estate.   We  believe  the
actions  we have taken and the more benign economic  outlook
will  lead  to  a strong trading performance in  the  second
half.

Operating  profit  for the half year to 30th June  1999  was
£6,888,000   on   turnover  up  by  11.8%  to   £97,255,000.
Operating  margins, (before administration, of our  principal
trading brands improved from 15.6% to 16.5%.

Profit  before  taxation was £5,899,000 (1998:   £5,732,000,
excluding  the  exceptional items and compensation  for  the
surrender of a restaurant lease).

Basic  earnings  per share amounted to  2.24p  (1998:   loss
(2.83p)).  (See detailed accounts).

Interim Dividend

An interim dividend of 0.75p  (1998: 0.75p) will be paid on
14 October 1999.

Capital Expenditure

During the period, the Group incurred capital expenditure of
£17.2  million, of which £8.9 million related to  investment
in new restaurants, £4.5 million in rebranding and restyling,
with the balance being attributable to the refurbishment  of
existing units.

Review of Operations and Developments

The  first  half year has been a period of intense  activity
throughout the Group aimed at restructuring certain parts of
the  business to focus on those brands which provide a sound
foundation and the best growth prospects.  Earlier this year
we  commenced our programme of downsizing Deep Pan Pizza and
refurbishing those pizza restaurants we wish to retain,  and
we have already made considerable headway in this regard. 
In  addition, the number of OK Diners has now been  halved
and   the  Rick  Shaw's  restaurants  are  currently   being
rebranded  as Chiquito's.  Since the beginning of  the  year
the  Group's management has been involved in either opening,
converting  or  refurbishing  a  total  of  65  restaurants.
During  the  period we  opened 14 of  22  new  restaurants
planned for this year and three more have opened since then.
To  date  we  have  also converted 17 restaurants  to  other
brands and have substantially refurbished 31 restaurants.

The  impact  of the investment, rebranding and refurbishment
programme  has been significant and this has occurred  in  a
period   when   trading  conditions   were   not   generally
favourable.  However the results of these activities are now
bearing  fruit.   The  conversions  and  refurbishments  are
working  well,  new openings have got off to an  encouraging
start   and   we  have  disposed  of  -14  poor   performing
restaurants,  which  in  the  year  prior  to  their   sale,
accounted for over £650,000 of operating losses.  Restaurant
development costs will be lower in the second half than last
year,  conversion  costs  will  be  much  reduced  and   the
operating environment has improved considerably.

Developed Brands:

Sales               1999:  £34,090,000  (1998:  £33,382,000)

Operating Profit    1999:  £4,961,000    (1998: £4,820,000)

Garfunkel's restaurants traded strongly in the first quarter
at  both  high street and airport locations.  In the  spring
and  early  summer  there was a noticeable  decline  in  the
number  of tourists in central London but overall the  brand
has   traded  well.   Airport  trade  has  remained  buoyant
throughout  and  we are seeing good sales growth  from  this
area  of business.  In the first half we opened a new outlet
in  Heathrow's  Terminal 1 and more recently restaurants  in
the Arora Hotel near Heathrow and in Charing Cross Road, the
latter being a conversion from Deep Pan Pizza.

There  has  been  considerable activity in relation  to  our
Mexican  restaurants  this year.  Since  the  half-year  two
Nachos  units in Chiswick and Wimbledon have been  converted
to  Est  Est Est restaurants and a third conversion  to  the
same  brand will follow shortly in Notting Hill Gate.  After
a slow start to the year, the Group's Chiquito's restaurants
are  now  beginning to show encouraging signs of improvement
under  a  new  management team and we have  seen  some  good
results in recent weeks.  A new Chiquito's was opened  early
in the year at Swindon and this has performed well.                      
A  similar outcome is expected from a further new opening in
Aberdeen   in   September.   Three  of our four Rick Shaw's
restaurants,   a  trial  brand  which  did  not   meet   our
performance  criteria,  have been  converted  to  Chiquito's
since  the  half-year and have also shown encouraging  sales
uplifts.   The  one remaining restaurant will  similarly  be
converted by the end of September.

Developing Brands:

Sales                   1999:     £44,489,000  (1998:30,900,000)

Operating   Profit      1999:      £7,978,000  (1998:£5,200,000)

These brands, which are driving the Group's current phase of
growth, have continued to move strongly ahead.

There  are  now 64 Caffe Uno's, six of which opened  in  the
first  half  and one since then.  A further two  restaurants
will  open before the year end including one conversion from
Deep  Pan  Pizza.  Additionally seven of the  earlier  units
have  been  fully  refurbished to  keep  them  aligned  with
current  market  expectations as to  style  and  appearance.
This  brand has traded well so far this year and is  set  to
continue to do so.

The clear destination element of the Frankie & Benny's group
of  restaurants,  which are principally located  on  leisure
parks has, despite extremely weak cinema attendances for the
first  five months of the year, enabled the brand to deliver
a  satisfactory performance, considerably in advance of last
year.   Since  early June releases of a number  of  popular
films   such   as  'Star  Wars'  and  'Notting  Hill'   have
contributed  to  strongly  positive  like  for  like   sales
improvements  which  we  now  expect  to  continue  for  the
remainder of the year.  Four new restaurants opened  in  the
first  half  and two since then.  One further unit  will  be
opened  by the year end.  In addition 11 Deep Pan Pizzas  on
leisure parks have been successfully converted to Frankie  &
Benny's  and are already showing substantial sales  uplifts.
Today there are 49 Frankie & Benny's.

Est  Est Est has performed well since the beginning  of  the
year  with  both  sales and margins ahead  of  expectations.
Since   the   half   year,  as  previously  mentioned,   two
restaurants  have  opened in Chiswick and Wimbledon  with  a
third  to  follow shortly in Notting Hill Gate.  This  marks
the expansion of the brand to the South-East.  In the autumn
we shall be opening two more new Est Est Est restaurants.

                              
                 City Centre Restaurants plc
                              
    Interim Results for the Half Year ended 30th June 1999
                              
                Chairman's Statement (Cont'd)


Wok  Wok restaurants, with their minimalist decor and fusion
of Oriental cuisines, continue to attract a strong following
and  the  brand is now becoming well established.  Of  equal
importance  the introduction of a buffet style operation  at
Didsbury has lead to a near doubling of sales at this venue,
which gives the Group the opportunity of considering a wider
roll out programme than had been previously anticipated.   A
new  restaurant was opened in Marlow early in the  year  and
this  has performed exceptionally well. We are actively seeking 
new sites to further develop this brand.

Deep Pan Pizza

Sales               1999:  £16,221,000  (1998:£19,396,000)
Operating Profit    1999:  £83,000      (1998:  £1,553,000)

Our  plan  to streamline the Deep Pan Pizza brand is  moving
ahead  strongly.   The number of these restaurants  has  now
been  reduced  to 70 from 89 at the beginning of  the  year,
after  disposing  of seven restaurants and  converting  12 to
other  brands.  We shall be retaining 47 of the restaurants,
a  few  more  than had originally been anticipated. Eighteen of
these have now been refurbished, 16 more will be refurbished
by  the  end  of  the  year  and a  further  13  next  year.
Disposals,  conversions and lease expiries will, over  time,
account for the remaining 23 restaurants.

The pizza restaurants we are retaining have, under their new
management, shown encouraging signs of improvement.  After a
difficult  few  months earlier in the year there  is  now  a
focus and direction to the brand which is beginning again to
deliver positive like for like sales growth.

OK Diners

Sales                   1999:     £1,757,000   (1998:£2,115,000)
Operating   Profit      1999:        £28,000   (1998: Loss(£54,000))

The  Group  has made considerable progress in  reducing  the
number of OK Diner roadside restaurants it operates from  22
to  11.   These  remaining units produce a modest  operating
profit and will continue to be managed by the Group.


                 City Centre Restaurants plc
                              
    Interim Results for the Half Year ended 30th June 1999
                               
                Chairman's Statement (Cont'd)

Future Prospects

We  have  invested  substantially in our estate  during  the
first   half   and  have  made  considerable   progress   in
reconfiguring our Deep Pan Pizza business.  We  believe  the
actions  we  have  taken  and the more  favourable  economic
climate,  together  with  a  highly  trained  and  motivated
management  team, will produce a strong trading  performance
in  the  second  half  of  1999.  As the  eating-out  market
continues to grow City Centre Restaurants is well positioned
to capitalise on this trend.



                                                  Henry King
                                                    Chairman
                                            7th September 1999

                       City Centre Restaurants plc
                                        
             Interim Results for the Half Year ended 30th June 1999
                                        
                 Disclosure of Results before Exceptional Items

                            Half year ended
                             30th June 1999

             Restaurants    Restaurants    Turnover  Profit    Margin
             Trading at     in course of
             period end     rebranding      £'000     £'000       %

Developing 
Brands           73             5           34,090     4,961    14.6%
Developing
Brands          134             5           44,489     7,978    17.9%

Principal
Trading
Brands          207            10           78,579    12,939    16.5% 

Deep-Pan
Pizza            72             -           16,221        83     0.5%  

O K Diners       17             -            1,757        28     1.6%
  
Discontinued
Brands            -             -              698      (241)   -34.6%
                                  
Compensation                                                                  
for surrender                              
of lease                                                  -
                                                                              
            
Pre-opening                                            (658)
Costs

                296            10           97,255    12,151     12.5% 


Administration
                                                      (5,263)    -5.4%
                                                                              
            
Operating
Profit                                                 6,888      7.1%

Interest                                                (989)

Profit before
Tax                                                     5,899


                 Disclosure of Results before Exceptional Items

                            Half year ended
                             30th June 1998

              Restaurants        Turnover  Profit    Margin
              No at period   
              end                £'000     £'000       %

Developing 
Brands           72              33,382     4,820    14.4%
Developing
rands            96              30,900     5,200    16.8%

Principal
Trading
Brands          168              64,281    10,020    15.6% 

Deep-Pan
Pizza            88              19,396     1,553     8.0%  

O K Diners       22               2,115       (55)   -2.6%
  
Discontinued
Brands            4               1,164      (110)   -9.5% 
                                  
Compensation                                                                  
for surrender                              
of lease                                     1,198        
                                                                              
            
Pre-opening                                                    
Costs                                         (606)

                282              86,957    12,000     13.8% 


Administration                             (4,637)    -5.3%
                                                                              
            
Operating
Profit                                      7,363      8.5%

Interest                                     (433)           

Profit before
Tax                                         6,930


                                    Year ended 31st December 1998

                              Restaurants  Turnover    Profit    Margin
                                     No at
                                period end   £'000     £'000         %

Developed Brands                    72      70,507      12,231    17.3%

Developing Brands                  118      70,338      13,334    19.0%

Principal Trading Brands           190     140,845      25,565    18.2%

Deep Pan Pizza                      89      38,567       3,520     9.1%

OK Diners                           22       4,178        (56)    -1.4%     

Discontinued Brands                  4       2,277       (299)   -13.1%     

Compensation for
surrender of lease                                      1,197

Pre-opening costs                                      (1,271)
                                   
                                   305     185,867     28,656     15.4%   

Administration                                         (9,326)    -5.0%      

Operating Profit                                       19,330     10.4%        

Interest                                               (1,282) 

Profit before Tax                                      18,048  

                 City Centre Restaurants plc
                              
   Interim Results for the Half Year ended 30th June 1999
                              
                    Group Profit & Loss Account

                            Half year ended             Year ended 31st
                             30th June 1998             December 1998
                   Half                                           
                   year         Before                    Before        
                  ended         Except-  Exce-            Except-    Except-
                   30th  Total  ional    ptio-    Total   ional      ional
                   June  £'000  items      nal    £,000   items      items
                   1999         £'000    items           £'000       £,000
                  Total                  £'000  
                  £'000                 
                                                            
                                                            
Turnover         97,255  86,957 86,957     -     185,867  185,867      -
                                                            
Cost of sales:                                              
Excluding pre-                                              
opening costs    
and exceptional  
items           (84,446)(75,549) (75,549)  -    (157,137) (157,137)    -

Pre-opening      
costs              (658)   (606)   ( 606)  -      (1,271)   (1,271)    -      
                     
Compensation     
for surrender
of Lease             -    1,198    1,198   -       1,197     1,197     -

Provision for                                               
diminuition in   
value of             
tangible fixed
assets               -   (10,268)     -   (10,268) (9,814)      -     (9,814)
                                                            
                (85,104) (85,225)(74,957) (10,268)(167,025) (157,211) (9,814)
                                                            
Gross Profit     12,151    1,732  12,000  (10,268) 18,842    28,656   (9,814)
                                                            
Administrative                                              
expenses:
Excluding     
exceptional      
items            (5,263)  (4,637) (4,637)     -   (9,326)    (9,326)      -


Exceptional                                                 
items:
Provision for                                               
payment due to                                              
the originator  
and Managing                          
Director of the
Caffe Uno
division            -      (600)      -     (600) (2,016)        -    (2,016)


Abortive costs                                              
relating to the     -        -        -      -     (506)         -      (506)
disposal of
restaurants
                 (5,263) (5,237)  (4,637)  (600)  (11,848)   (9,326)  (2,522)
              
                                                            
                                                            
Operating      
Profit/
(Loss)           6,888  (3,505)    7,363  (10,868)  6,994    19,330  (12,336) 
        
                                                            
(Loss)                                              
on disposal of   
tangible fixed
assets              -     (91)        -      (91)     (39)        -      (39)

                                                            
Interest         (989)   (433)     (433)       -     (1,282)   (1,282)    -
payable (net) 

Profit (Loss)on                                                   
Ordinary         
Activities           
before Taxation 5,899  (4,029)    6,930  (10,959)    5,673    18,048 (12,375)
                                                            
Tax on profit   (1,557) (1,467)   (1,745)     278    (1,600)   (3,218)  1,618
/(loss)
on ordinary      
activities
(note 2)
                                                            
Profit  (loss)                                              
on Ordinary    
Activities          
after Taxation  4,342   (5,496)    5,185  (10,981)     4,073   14,830 (10,757)
                                                            
Dividends 
(note 3)        (1,457) (1,457)                        (6,021)         
                              
                                                            
Retained                                                    
Profit/(Deficit) 2,885  (6,953)                       (1,948)
for the            
period
     
                                                       
Earnings per                                                
Share (note 4)
                                                            
Basic earnings   
per share       2.24p  (2.83p)   2.67p  (5.50p)        2.10p   7.64p (5.54p)  
       

Diluted         
earnings per         
share           2.18p  (2.80p)   2.64p  (5.44p)         2.07p  7.52p  (5.45p)


All amounts relate to continuing activities
There were no recognised Gains or Losses other than the
profit/(loss) for the period.

           Reconciliation of Movements in Shareholders' Funds

                Total year   Half year   Year ended
                ended 30th   ended 30th        31st
                June 1999    June 1998     December
                                               1998
                Total        Total            Total
                £'000        £'000            £'000
               
                                         
                                         
                                         
Total                                               
recognised         
gains and
losses for
the period       4,342      (5,496)          4,073


Dividends       (1,457)     (1,457)         (6,021)
                                                    
Other                                               
movements:            
 New shares              
 issued              29          16              37
                        

 Goodwill
 written off          -      (2,000)         (2,000)
                                                    
Total                                               
movements          
during the
period           2,914      (8,937)         (3,911)
                                                    
Shareholders'                                       
funds at the       
beginning of
the period      72,318      76,229          76,229
                                                    
Shareholders'                                       
funds at the       
end of the
period          75,232      67,292          72,318
                                                    



                           
                 City Centre Restaurants plc
                              
    Interim Results for the Half Year ended 30th June 1999

                     Group Balance Sheet

                                  30th June    30th June     31st Dec
                                     1999        1998         1998
                                    £'000       £'000        £'000
                                                          
Fixed Assets                                              
Tangible Assets                    149,789     119,546    138,121
                                                          
Current Assets                                            
Stocks                               1,877       1,788      2,071
Debtors                             10,309       7,869      4,382
Cash at bank and in hand             1,183         778        901
                                    13,369      10,435      7,354
                                                          
Creditors: amounts falling due     
within one year                    (51,123)    (48,523)   (61,679)
                                                          
Net current liabilities            (37,754)    (38,088)   (54,325)
                                                          
Total Assets less Current          
Liabilities                         112,035     81,458     83,796
                                                          
Creditors: amounts falling due   
after one year                      (32,297)    (9,726)    (7,626)
                                                          
Provision for liabilities and                             
charges:
Deferred taxation                  (4,506)     (4,440)    (3,852)
                                   75,232      67,292     72,318
                                                          
Capital and reserves                                      
Called up equity share capital     48,576      48,551     48,561
Share premium account              10,192      10,167     10,178
Profit and loss account            16,464      8,574      13,579
                                                          
Equity Shareholders' Funds         75,232      67,292     72,318


                 City Centre Restaurants plc
                              
    Interim Results for the Half Year ended 30th June 1999

                Group Statement of Cash Flows

                                       Half        Half          Year
                                       year        year
                                      ended       ended         ended
                                    30th June     30th June    31st
                                                             December
                                       1999        1998          1998
                                      £'000       £'000         £'000
                                                           
Net Cash Inflow from Operating         6,344       12,129      32,225
Activities (note 1)
                                                           
Returns on Investments and                                 
Servicing of Finance
Interest received                         13          27           51
Interest paid                        (1,002)       (460)       (1,333)
Net Cash Outflow from Returns on                           
Investments and
Servicing of Finance                   (989)       (433)       (1,282)
                                                           
Taxation                                                   
Corporatation tax paid                 (440)       (223)       (3,873)
                                       (440)       (223)       (3,873)
                                                           
Capital Expenditure                                        
Payments to acquire tangible       
fixed assets                        (17,508)    (16,277)      (39,844)
Receipts from sales of tangible    
fixed assets                            179       1,317         3,473
Payments for lease surrenders and  
expenses of disposals                  (225)          -            -

Net Cash Outflow for Capital       
Expenditure                         (17,554)    (14,960)     (36,371)
                                                           
Equity Dividends paid                (4,565)     (4,563)      (6,019)
                                                           
Cash outflow before Financing        (17,204)    (8,050)     (15,320)
                                                           
Financing                                                  
Issues of ordinary share capital          29         16          37
New loans received                    30,000          -           -
Loans repaid                            (329)         -           -
                                       29,700        16          37
                                                           
Increase/(Decrease) in Cash in     
the period (note 5)                    12,496    (8,034)     (15,283)

                 City Centre Restaurants plc
    Interim Results for the Half Year ended 30th June 1999

Notes

1.Reconciliation of Operating Profit to Net Cash inflow from
Operating Activities

                                    Half        Half          Year
                                    year        year
                                   ended       ended         ended
                                 30th June     30th June    31st December
                                    1999        1998          1998
                                   £'000       £'000         £'000
                                                       
Operating profit                    6,888       (3,505)     6,994
Exceptional items                       -       10,268      9,814
Depreciation                        5,101        4,967     10,007
Decrease in stocks                    194          429        146
(Increase) in debtors              (5,463)     (3,506)      (620)
(Decrease)/Increase in        
creditors                            (376)      3,476      5,884
                                                       
Net Cash Inflow from Operating 
Activities                          6,344      12,129     32,225

2. Taxation
The taxation charge has been calculated by reference to the net
profit for the period.  The effective tax rate is less than the
standard rate of corporation tax because full provision has not
been made for deferred tax.

3. Dividends
The directors have declared an interim dividend of 0.75p (1998:
0.75p)  per  share  which will be paid on 14th  October  1999  to
Ordinary  Shareholders on the Register at the close of business
on 17th September 1999.

                 City Centre Restaurants plc
    Interim Results for the Half Year ended 30th June 1999

Notes (cont'd)

4.      Earnings per share

                    Half year ended     Half year ended       Year ended 31st
                    30th June 1999       30th June 1998        December 1998
                                                                      
Basic Earnings per                                                    
share
Weighted average                                                      
ordinary
shares in issue                                                     
during the
period                  194,262,616         194,188,417          194,195,129
                                                                             
                    Post                Post                Post          
                    Tax                 Tax                 Tax
                    profit/  pence      profit/  pence      profit/  pence
                    (loss)   per share  (loss)   per share  Loss     per share
                     £'000   £'000      £'000    £'000      £'000
                                                                              
                  
Total basic                                                           
earnings for the
period              4,342    2.24       (5,496)  (2.83)    4,073     2.10

Effect of                                                             
exceptional items:
Provision for                                                       
diminuition in
value of assets        -      -          9,990     5.14      9,169    4.72
  
Provision for                                                       
payment due
to the                                                              
originator and
Managing Director                                                    
of the
Caffe Uno             -       -            600    0.31      1,114     0.58
division

Abortive costs                                                        
relating to
disposal of           -       -             -       -         448     0.23
restaurants

Loss on                                                      
disposal of
tangible fixed       -        -            91     0.05        26     0.01
assets
                  
                     -        -          10,681     5.50    10,757     5.54
                                                                      
Earnings before                                                       
exceptional
items             4,342    2.24           5,185     2.67    14,830     7.64
                                                                      
Diluted earnings                                                      
per share
Weighted average                                                      
ordinary
shares in issue                                                     
during the
period              194,262,616              194,188,417        194,195,129



Shares to be                                                          
issued in respect
of options                                                          
granted under the
Executive Share                                                     
Option
Schemes              2,567,500                  965,000            925,000


Shares to be                                                          
issued in respect
of options                                                          
granted under the
SAYE Share           1,988,854                 1,200,913        1,988,854
Option Scheme
                   198,818,970               196,354,330       197,108,983
                                                                      
Diluted earnings  
per share (p)            2.18                     (2.80)             2.07



                 City Centre Restaurants plc
    Interim Results for the Half Year ended 30th June 1999

Notes (cont'd)

5.   Reconciliation of Changes in Cash to the Movement in
Net(Debt)/Funds

                                        Half        Half          Year
                                        year        year
                                       ended       ended         ended
                                     30th June    30th June     31st Dec
                                        1999        1998          1998
                                       £'000       £'000         £'000
                                                           
At beginning of period                 (20,129)    (4,846)     (4,846)
                                                           
Movements during the period:                               
New loans drawndown                     (30,000)        -           -
Loans repaid                                329         -           -
Cash inflow/(outflow)                    12,496    (8,034)    (15,283)
Increase/(Decrease) in cash       
during the period                       (17,175)   (8,034)    (15,283)
                                                           
At end of the period                    (37,304)   (12,880)    (20,129)
                                                           
Represented by:                         
                                  At the      Movements
                                 beginning    during        At end of
                                 of the       the           the  
                                 period       period        period
                                  £'000       £'000         £'000
                                                           
Cash at bank and in hand           901         282         1,183
Bank overdraft                     (17,748)    12,214      (5,534)
Bank loans                         (3,282)     (29,671)    (32,953)
                                   (20,129)    (17,175)    (37,304)

Interim Financial Statements
The interim financial statements have been prepared on the basis of the
accounting  policies  set  out  in  the  Group's  1998  statutory
accounts.   The periods ended 30th June 1999 and 30th June  1998  are
regarded  as distinct financial periods for accounting  purposes:
income and costs are recognised in the profit and loss account as
they arise.  The statements were approved by a duly appointed and
authorised  committee of the Board of Directors  on  7th  September
1999  and are unaudited.  The auditors have carried out a  review
and their report is set out below.

The figures for the year ended 31st December 1998 have been extracted
from  the  statutory  accounts which have  been  filed  with  the
Registrar  of Companies.  The auditors' report on those  accounts
was  unqualified and did not contain any statement under  section
237 of the Companies Act 1985.

Independent Review Report to City Centre Restaurants plc


Introduction
We  have  been instructed by the company to review the  financial
information set out on pages 8 - 14  of  this
document and we have read the other information contained in  the
interim  report and considered whether it contains  any  apparent
misstatements  or  material inconsistencies  with  the  financial
information.

Directors' responsibilities
The interim report, including the financial information contained
therein, is the responsibility of, and has been approved  by  the
directors.   The  Listing  Rules of  the  London  Stock  Exchange
require that the accounting policies and presentation applied to
the  interim figures should be consistent with those  applied  in
preparing the preceding annual accounts except where any changes,
and the reasons for them, are disclosed.

Review work performed
We  conducted our review in accordance with guidance contained in
Bulletin 1999/4 issued by the Auditing Practices Board.  A review
consists principally of making enquiries of group management  and
applying  analytical procedures to the financial information  and
underlying  financial data and based thereon,  assessing  whether
the  accounting policies and presentation have been  consistently
applied  unless  otherwise disclosed.  A  review  excludes  audit
procedures  such as tests of controls and verification of  assets,
liabilities and transactions.  It is substantially less in  scope
than an audit performed in accordance with Auditing Standards and
therefore  provides  a lower level of assurance  than  an  audit.
Accordingly  we do not express an audit opinion on the  financial
information.

Review conclusion
On  the  basis  of  our review we are not aware of  any  material
modifications that should be made to the financial information as
presented for the six months ended 30th June 1999.
                                                                 
                                                    Ernst & Young
                                                           London
                                                 7th September 1999