Supply Deal with Interbrew

Greencore Group PLC
20 June 2001


                                Press Release

            Greencore Signs Major Malt Supply Deal with Interbrew


Greencore Group plc today welcomed the signing of a long-term malt supply
agreement between its Malting Group and Interbrew, the second largest brewer
in the world. Interbrew has announced that it has decided, following a
strategic review, to close its malting plants in Belgium and conclude a
long-term malt supply agreement with a joint-venture company to be established
by Greencore Malting Group and Malteurop.


'We are delighted to have formally established our close trading relationship
with Interbrew in a way which enables us to service almost all of Interbrew's
continental European malt requirements and which does not add further capacity
to the malt market. This relationship provides us with the opportunity, from
2002 onwards, to focus our Belgian business on a sustainable high quality
customer base rather than on lower margin commodity export business' said
David Dilger, Chief Executive of Greencore.


Greencore Malting Group is the sixth largest maltster in the world with
production operations based in England, Ireland, Scotland and Belgium.
Greencore Malting Group supplies 15 of the top 20 brewers and distillers in
the world, exporting to over 60 countries.


Interbrew is the world's second largest brewer in terms of volume. The company
is headquartered in Belgium and employs over 34,000 people worldwide. Its
portfolio combines strong local brands with world brands such as Stella
Artois, Bass and Labatt. In total, Interbrew's beers are sold in over 110
countries.




                                   - Ends -

20th June 2001

For reference:

Billy Murphy/Orla Benson

Drury Communications

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