Holding(s) in Company

Greggs PLC
07 February 2003

On the 7 February 2003 Greggs PLC ("the Company") received the following
notification:

"Dear Sirs,


Enclosed are amended notifications of disclosable interests under the U.K.
Companies Act 1985. Please note that while this information details the
disclosable interests of more than one entity, the enclosed disclosure
constitutes separate notifications of interest which have been combined solely
for the purposes of clarity and efficiency. It is not intended to indicate that
any of these entities act as a group or in concert with respect to these
interests.


These disclosures are made in the interest of conformity with the Companies Act.
The interest detailed herein were acquired solely for investment purposes. For
disclosure purposes, holdings should be represented as FMR Corp. and its direct
and indirect subsidiaries, and Fidelity International Limited (FIL) and its
direct and indirect subsidiaries, both being non-beneficial holders.


NOTIFICATIONS UNDER SECTIONS 198 TO 202 - UK COMPANIES ACT


1.     Company in which shares are held:          Greggs PLC


2.     Notifiable Interest:                    Ordinary Shares


     (A)     FMR Corp.
          82 Devonshire Street
          Boston, MA 02109

                FMR Corp are the parent holding company of Fidelity Management &
                Research Company (FMRCO), investment manager for US mutual
                funds, and Fidelity Management Trust Company (FMTC), a US state
                chartered bank which acts as a trustee or investment manager of
                various pension and trust accounts. (See Schedule A for listing
                of Registered Shareholders and their holdings).

     (B)     Fidelity International Limited (FIL)
          PO Box HM 670
          Hamilton HMCX, Bermuda

                Fidelity International Limited (FIL) are the parent holding
                company for various direct and indirect subsidiaries, including
                Fidelity Investment Services Ltd. (FISL) and Fidelity Pension
                Management (FPM), investment managers for various non-US
                investment companies and institutional clients. (See Schedule A
                for listing of Registered Shareholders and their holdings).

3.     The notifiable interests also comprise the notifiable interest of:


        Mr Edward C Johnson 3d
        82 Devonshire Street
        Boston, MA 02109

Mr Johnson is a principal shareholder of FMR Corp and Fidelity International
Limited.

        4.     The notifiable interests include interest on behalf of authorised
        unit trust schemes in the UK, notwithstanding the exemption from
        reporting pursuant to Section 209 (1) (h) of the Companies Act 1985.

        5.     These notifications of disclosable interests constitute separate
        notifications of interest in the shares and are combined solely for the
        purposes of clarity. Nothing herein should be taken to indicate that FMR
        Corp. and its direct and indirect subsidiaries, Fidelity International
        Limited and its direct and indirect subsidiaries or Mr Edward C. Johnson
        3d act as a group or in concert in respect of the disclosed interests,
        or that they are required to submit these notifications on a joint
        basis.

        6.     The disclosable interests arise under section 208 (4) (b) of the
        Act, namely where a person, not being the registered holder, is entitled
        to exercise a right conferred by the holding of the shares or to control
        the exercise of such rights, or under section 203 of the Act
        respectively.

(Schedule A)


Nominee/Registered Name   Management Company   No. of shares

HSBC  FMRCO    35,000

State Street Bank & Trust  FMTC   15,000

Chase Manhattan Bank London  FISL  2,115

Bankers Trust  FPM    33,560

Citibank   FPM    10,350

Deutsche Bank  FPM   2,550

HSBC   FPM    25,500

Bank of New York London   FPM     8,450

HSBC Client Holdings Nominee (UK ) Limited     FIL     181,391

Chase Manhattan Bank London   FIL     7,194

Northern Trust    FIL    26,546

JP Morgan    FIL    26,300

State Street Nominees Limited   FIL    14,900

Bank of New York Brussels   FIL    20,200

State Street Bank & Trust   FIL    2,600

Bank of New York London     FIL    40,300

Nortrust Nominees Limited   FIL    30,900

Morgan Stanley   FIL     20,800

Deutsche Bank    FIL     5,800

Citibank    FIL    2,250


Total ordinary shares:   511,465

This represents 4.26% of the issued share capital."


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