Director/PDMR Shareholding

Greggs PLC
05 April 2007

Greggs plc ("Company") announces that on 5 April 2007 the following directors of
the Company purchased the following amounts of ordinary shares of 20p each in
the capital of the Company ("Shares") and were granted nil cost options over the
following amounts of Shares pursuant to the Greggs plc Long Term Incentive Plan
2006 ("Scheme") approved by the Company at its annual general meeting on 10 May
2006.



Richard Hutton



239 Shares purchased at £47.46 per Share

Nil cost options granted over 812 Shares



Raymond Reynolds



179 Shares purchased at £47.46 per Share

Nil cost options granted over 610 Shares



The performance target in relation to the nil cost options are a growth in
Earnings per Share at +3% above RPI to entitle the option holder to 50% of the
total number of options granted and growth in Earnings per Share at +7.5% above
RPI to entitle the option holder to 100% of the total number of options granted.
For Earnings per Share growth between +3% and +7.5% above RPI a pro rated scale
of between 50% and 100% will be determined.



Following these purchases and grants the directors have the following interests
in the share capital of the Company (excluding options):



Richard Hutton



1,446 (0.01%) beneficial

215,000 (1.93%) non-beneficial



Raymond Reynolds



2,987 (0.03%) beneficial



In addition, Richard Hutton and Raymond Reynolds also have a potential
beneficial interest in the 406,664 (3.65%) Shares held by the Company's Employee
Benefit Trust.




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