AGM Statement

City Centre Restaurants PLC 04 June 2003 CITY CENTRE RESTAURANTS PLC ('the Group' or 'the Company') AGM Statement At today's Annual General Meeting Alan Jackson, Chairman of City Centre Restaurants Plc, made the following comments 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 3% in Leisure Parks, 13% in Concessions and 2% in High Street Restaurants. Overall, the Principal Trading brands enjoyed a like-for-like sales increase of 4% for the first quarter and this trend has continued in recent weeks'. 'Leisure Parks performed well throughout the period. We have opened six new Frankie & Benny's restaurants to date, with a further six to eight expected to open in the remainder of the year'. 'Our Concessions business enjoyed a good first quarter and our High Street business, where we believe we are gaining market share, is proving robust'. 'In a climate where the customer has become much more discerning and has significantly greater choice, the need to provide an excellent experience at good value is paramount- this is exactly where we excel'. 'I look forward to reporting further good progress for the first half of 2003, in September'. 4 June 2003 ENQUIRIES: City Centre Restaurants plc Tel: 020 7747 7750 Alan Jackson, Executive Chairman Andrew Page, Finance Director College Hill Tel: 020 7457 2020 Matthew Smallwood Justine Warren This information is provided by RNS The company news service from the London Stock Exchange
UK 100