Third Quarter Sales

Wetherspoon (JD) PLC 02 May 2003 JD WETHERSPOON PLC PRESS RELEASE Third Quarter Sales and Pub Openings Total sales in the third quarter of our financial year, covering the thirteen weeks to 27th April 2003, rose by £33.7 million to £186.6 million, an increase of 22% compared to the previous year. The year to date sales for the 39 weeks to 27th April 2003 were £537.2 million, 23% ahead of the previous year. Like-for-like sales in the quarter increased by 3.5% bringing the year to date position to 4.3%. Like-for-like sales for February, as previously reported, were 4.9% followed by 3.2% in March and 2.6% in April. In line with our expectations, thirteen pubs have opened so far in the second half of the financial year, bringing the total number this year to 34 and the overall number of pubs to 641. Margins and Outlook Margins in the third quarter were broadly in line with the same period a year ago and ahead of the first half of the current financial year. We thus remain confident of future prospects. Enquiries: Tim Martin Chairman 01923 477777 John Hutson Managing Director 01923 477777 Jim Clarke Finance Director 01923 477777 Eddie Gershon Company Spokesman 0208 352 5012/ 07956 392234 Visit our web site at www.jdwetherspoon.co.uk 2 May 2003 This information is provided by RNS The company news service from the London Stock Exchange
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