£8 Million to Build New Hotel in Bristol

FULLER SMITH AND TURNER PLC
27 October 1999


            FULLER'S INVESTS £8 MILLION TO BUILD NEW HOTEL IN
                                     BRISTOL

Fuller Smith & Turner P.L.C. ('Fuller's') the London based brewers and retailers
is purchasing a disused 1960's office block known as 'Brigstowe' on Welshback in
Bristol city centre from Helical Bar PLC for £2.4 million. Fuller's will be
investing a further £5.6 million to create an individually styled 94 bedroom
hotel with a bar brasserie situated on the ground floor. The purchase completes
on the 27th October 1999 and its funding will be provided from existing cash
resources.

Fuller's is no stranger to Bristol as the company already operates two
successful outlets in the area, the popular 'Old Fish Market' in Baldwin
Street, serving Fuller's famous real-ales such as 'London Pride' and the highly
acclaimed 'Fine Line' bar in Whiteladies Road, Clifton, which also has a 70 seat
dining area.

The new hotel, which is scheduled to open in late 2000 will be the Group's
seventh in total and first in the West country. Simon Emeny, retail director of
Fuller's Inns comments:

'We are really delighted to acquire this freehold site in the centre of Bristol
at this stunning waterside location. The new hotel will contribute to the
critical mass we are looking for within our hotel division. The Bristol hotel
will follow the successful integrated hotel and bar formats which is working so
well in central London at our 'Mad Hatter' and 'Sanctuary House' hotels.

For further press information please contact:

The Fuller's Press Office
Tel. [phone]

e-mail: [e-mail]