AGM Statement

Young & Co's Brewery PLC
12 July 2005



12th July 2005

                         YOUNG & CO.'S BREWERY, P.L.C.

                     Chairman's AGM Trading Statement

In his statement to shareholders at today's AGM, John Young, Chairman of Young &
Co.'s Brewery, P.L.C. made the following comments about trading:

'Trading across the business in the first quarter of the current financial year
has been satisfactory, with continued operational improvements offsetting the
additional legislative and regulatory costs facing the business again this year.

'It is of course, far too early to be making predictions about how the year as a
whole will turn out. The year started well, boosted by good weather in early
June, but the speed with which events can change was brought into sharp focus by
the contrasting events of last week. Like all Londoners, our celebration of Lord
Coe and his team's success in winning the bid to host the 2012 Olympic Games was
cut short by Thursday's atrocious terrorist attacks on London. I have no doubt
that Londoners will show the resilience that they have done so many times in the
past.

'For our part, our commitment to producing great beer and providing excellent
service in quality surroundings continues and we are confident that delivering
our strategy will enable us to continue to make progress.'

For further information:

Young & Co.'s Brewery, P.L.C.                           020 8875 7000
Stephen Goodyear, Chief Executive
Peter Whitehead, Finance Director

Hogarth Partnership                                     020 7357 9477
James Longfield/John Olsen




                      This information is provided by RNS
            The company news service from the London Stock Exchange