Statement re Britvic Pricing

Whitbread PLC 09 December 2005 9 December 2005 Whitbread notes announcement of Britvic pricing statement and increase in the Global Offer size Whitbread PLC ('Whitbread') notes today's announcement from Britvic plc ('Britvic') regarding the offer price of 230 pence per Britvic share for its initial public offering (the 'Global Offer'). In addition, the Global Offer has been increased in size such that Whitbread, InterContinental Hotels Group ('IHG') and Pernod Ricard will now sell a total of 204 million ordinary shares of which Whitbread will sell 51 million shares, representing its entire holding in Britvic. At the announced price of 230 pence per share, Whitbread will receive gross proceeds of approximately £117.3 million. In the financial year to 3 March 2005, Whitbread accounted for its interest in the Britvic business as an associate and reported (under UK GAAP) its share of Britvic's operating profit before interest and tax as £17.4 million and its share of Britvic's net assets as £58.6 million. In addition to the proceeds of sale Whitbread received a special dividend of £23.4 million from Britvic on 29 November 2005. This is in addition to the special dividend of £44.9 million paid in May 2005. As previously announced, Whitbread intends to return to shareholders up to £400m of the proceeds from its ongoing programme of asset disposals, initially via an on market share buyback programme. Enquiries: Whitbread PLC: Investor Queries: Christopher Rogers Tel: 01582 396335 Media Enquiries: Andrew Honnor Tulchan Tel: 020 7353 4200 Anna Glover Whitbread Tel: 01582 844244 The securities mentioned herein have not been, and will not be, registered under the US Securities Act of 1933 (the 'Securities Act'), and may not be offered or sold in the United States (as such terms is defined in Regulation S under the Securities Act) unless they are registered under the Securities Act or pursuant to an exemption from registration. This information is provided by RNS The company news service from the London Stock Exchange

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