AGM Statement

City Centre Restaurants PLC 24 May 2000 CITY CENTRE RESTAURANTS PLC AGM STATEMENT At the AGM of City Centre Restaurants plc held today, James Naylor, Chief Executive, made the following comments on current trading: 'We are continuing to see the benefits of the strategy put in place in 1999. Sales in the first third of this financial year are on budget and ahead of last year on a like for like basis. 'Since the start of the year we have opened 10 of 30 new restaurants planned for this year and these are trading satisfactorily. We are also well advanced with our annual programme of reinvesting in our established restaurants. 'Overall, with less disruption than last year, and market conditions that are generally favourable, we approach the remainder of the year with confidence.' ENQUIRIES: City Centre Restaurants plc James Naylor, Chief Executive Tel: 0207 930 9324 John Wittich, Finance Director College Hill Matthew Smallwood Justine Warren Tel: 0207 457 2020
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