Transaction in Own Shares

Greggs PLC
05 April 2006

Greggs plc ("the Company")



Transaction in Own Shares



Further to the Company's recent statement that it was considering plans for the
use of its surplus cash, the Company yesterday purchased through UBS Limited
100,000 ordinary shares in the Company for cancellation under its existing
buyback authority.  The price paid was £39.00 per share.



The Company's aim is to achieve a more efficient balance sheet structure by
reducing its surplus net cash balances, and therefore the Company expects to
continue a buyback programme for the medium term.  In connection with this the
Company will seek renewal and extension of its buyback authority at its AGM on
10 May 2006.



As at 31 December 2005, the Company's net cash balances stood at £65.6 million,
although these were recently reduced by the previously announced acquisition of
439,829 shares by the trustees of the Greggs Employee Benefits Trust for £16.3
million.


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