Response to TDR statement

Restaurant Group PLC 20 January 2004 FOR IMMEDIATE RELEASE 20 January 2004 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA The Restaurant Group plc (previously City Centre Restaurants plc) ('The Restaurant Group' or the 'Company') Response to statement by TDR Capital LLP ('TDR') The Board of The Restaurant Group notes the announcement today by TDR that it is continuing to pursue discussions with ASK Central plc, following TDR's previous announcement on 9 January 2004. ASK Central entered an offer period on 12 November 2003 and The Restaurant Group announced its Offer for ASK Central on 18 December 2003. The Board notes there continues to be no offer from TDR and indeed TDR has repeated today that there is no certainty that any offer will be forthcoming. The Offer by The Restaurant Group announced on 18 December 2003 and posted to ASK Central Shareholders on 22 December 2003, remains the only Offer capable of acceptance. Based on the Closing Share Price of The Restaurant Group Shares today of 77.75 pence, the Offer by The Restaurant Group is worth at least 185.7 pence per ASK Central Share. In addition, ASK Central Shareholders who accept The Restaurant Group Offer have the opportunity to receive dividends amounting to 4.4 pence per ASK Central Share. ASK Central Shareholders are reminded that the closing date for The Restaurant Group Offer, which has the unanimous recommendation of the ASK Central Directors each of whom has accepted The Restaurant Group Offer, has been extended to 3.00 pm on 26 January 2004. To the extent they have not already done so, ASK Central Shareholders who wish to accept the Offer should complete and return their form of acceptance in accordance with the procedure set out in the Offer Document. Enquiries: The Restaurant Group plc Alan Jackson (Executive Chairman) Andrew Page (Group Managing Director) Tel: 020 7747 7750 Dresdner Kleinwort Wasserstein Charles Batten Christopher Baird Tel: 020 7623 8000 College Hill Matthew Smallwood Tel: 020 7457 2020 Terms used in this announcement shall have the same meaning as those in the Offer Document and the Listing Particulars dated 22 December 2003. Dresdner Kleinwort Wasserstein Limited, which is authorised and regulated in the UK by the Financial Services Authority, is acting exclusively for The Restaurant Group and for no one else in connection with the Offer and the Placing and will not be responsible to anyone other than The Restaurant Group for providing the protections afforded to customers of Dresdner Kleinwort Wasserstein Limited, or for affording advice in relation to the Offer and the Placing or any matters referred to in this announcement. The Offer by The Restaurant Group is not being made, directly or indirectly, in or into, or by use of the mails of, or by any facilities of a national, state or other securities exchange of any US Restricted Jurisdiction, Canada, Australia, Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of such jurisdiction and the Offer should not be accepted by any such use, means, instrumentality or facility, or from within any US Restricted Jurisdiction, Canada, Australia, Japan or any such other jurisdiction and doing so may render invalid any purported acceptance of the Offer. Accordingly, copies of this announcement and any documents related to the Offer are not being and must not be mailed, forwarded, sent, transmitted or otherwise distributed in, into or from any US Restricted Jurisdiction, Canada, Australia, Japan or any such other jurisdiction and all persons receiving such announcement (including, without limitation, custodians, nominees and trustees) should observe these restrictions and must not distribute, forward, mail or transmit or send them into or from any US Restricted Jurisdiction, Canada, Australia, Japan or any such other jurisdiction. END This information is provided by RNS The company news service from the London Stock Exchange
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