AGM Statement

City Centre Restaurants PLC 29 May 2002 CITY CENTRE RESTAURANTS PLC AGM Statement At today's Annual General Meeting, City Centre's Chairman, Alan Jackson commented as follows on current trading: 'The Group has made a good start to the current year with like-for-like sales increases to the end of the first quarter of 11% in Leisure Parks, 1% in Concessions and 2% in High Street Restaurants. The first few weeks of the second quarter were slow but trading has now picked up well, with good like-for-like increases over the last four weeks. 'Leisure Parks performed well throughout the period. We have opened four new Frankie & Benny's restaurants with up to a further seven more expected to open in the current year. Additionally, our two other divisions, Concessions and High Street Restaurants, are also proving robust. 'I am confident that the actions we have taken in restructuring and refocusing the business leave us well positioned to continue to restore shareholder value and I look forward to reporting good progress for the first half of 2002.' 29 May 2002 Enquiries: City Centre Restaurants Tel: 020 7747 7750 Alan Jackson, Executive Chairman Andrew Guy, Chief Executive Andrew Page, Finance Director College Hill Tel: 020 7457 2020 Justine Warren Matthew Smallwood This information is provided by RNS The company news service from the London Stock Exchange
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