AGM Trading Statement

Young & Co's Brewery PLC
10 July 2007


10th July 2007


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


                           AGM Trading Statement


At today's AGM, Chris Sandland, Chairman of Young & Co.'s Brewery, P.L.C. made
the following comments about trading


'I am pleased to report that we have had a good start to the year and trading
over the first 13 weeks of the current year is in line with expectations,
notwithstanding a very wet month in June. Sales from our Retail activities were
up 15.4% in total with our managed house sales up 6.3% on a like for like basis
(up 3.7% uninvested). We saw very strong trading in April and May, although the
past month has seen the impact of the poor weather, which was in direct contrast
with glorious sunshine last year.


'We believe that Young's premium market position, well invested outside areas
and quality food offering makes us well placed to withstand the impact of the
smoking ban. Compliance with the ban has been very good, with all our pubs
reporting a positive customer response. However, at this early stage after only
10 days trading since the ban it is impossible to distinguish between the impact
on current trading patterns from the smoking ban and the weather.


'In addition last week we received the £10.25 million cash due on completion of
the sale of Buckhold Road, this will be used in the short term to repay debt.
This is the first of the two payments due from the previously reported
Wandsworth site disposals. The remaining £58.75 million, for the Brewery site,
is due on completion in January 2008.


'Taking all factors into account, while it remains early in our financial year
and there are some potential threats to trading on the horizon, we are confident
that we remain on track to meet our strong growth expectations for the current
year.'


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/Sarah Richardson




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