Response to press speculation

RNS Number : 7899M

Whitbread PLC

31 May 2010

 



Whitbread PLC

Response to press speculation

For immediate release

31 May 2010

Speculation in the weekend press has been noted regarding possible issue of

equity. Whitbread confirms that it has no current intention of raising

funds through the issue of equity.

As stated during Whitbread's annual results presentation in April, the

Company will begin to look at diversifying the sources and tenure of its

debt during 2010-11, through issuing debt in the capital markets including

debt private placement.

Ends

Whitbread

Tabitha Aldrich-Smith, Director of Communications+44 (0) 7887 767726

Tulchan

David Allchurch+ 44 (0) 20 7353 4200

Notes to Editors

Whitbread PLC is the UK's largest hotel and restaurant group operating

market-leading businesses in the budget hotels and restaurant sectors.  Its

well-loved brands are Premier Inn, Beefeater, Brewers Fayre, Table Table,

Taybarns and Costa Coffee.

Whitbread PLC employs over 33,000 people and serves 9 million customers

every month in over 2,000 outlets across the UK.

In the year ended 4 March 2010, Whitbread PLC reported a 7.5% increase in

Group Revenue to £1,435.0 million and Underlying Profit before tax of

£239.1 million up 6.6%.

Whitbread PLC is listed on the London Stock Exchange and is a constituent

of the FTSE 100. It is also a member of the FTSE4Good Index.

 

END

 

 

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