Director/PDMR Shareholding

Greggs PLC
23 November 2006

On the 23 November 2006, Greggs plc (the "Company") was notified that the
following transaction occurred on the 23 November 2006:

Malcolm Simpson, a director of the Company, sold 15,000 ordinary shares of 20p
each, in which he had a beneficial interest (0.13% of the issued share capital)
at £40.35 per share.

The total beneficial and non-beneficial holdings of Malcolm Simpson following
this notification are:-

                                     Beneficial              Non-beneficial

Malcolm Simpson                      10,010 (0.09%)          8,000 (0.07%)


Notes

1.                   Malcolm Simpson has a potential beneficial interest in the
410,433 shares (3.67% of the issued share capital) held by the Employee Benefit
Trust following this notification.

2.                   All transactions took place in the UK.



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