Third Quarter Sales and Pub Openings

Wetherspoon (JD) PLC 16 May 2000 JD WETHERSPOON PLC THIRD QUARTER SALES AND PUB OPENINGS Total sales in the third quarter of our financial year which covers the 13 weeks to 30 April 2000 rose by £23.8 million to £95.5 million, an increase of 33 per cent. compared to the previous year. The year to date sales for the 39 weeks to 30 April 2000 were £270.1 million, 40 per cent. ahead of the previous year. Our established pubs achieved like for like sales increases of 10 per cent. in the quarter against a strong comparative period bringing the year to date position to 14 per cent. We opened 24 new pubs in the third quarter to add to the 45 new pubs opened in the first half of this financial year. 5 new pubs have opened in the first 2 weeks of May bringing the total number to 401. Starting today, we are increasing the number of products available on our National Price List, including Budweiser, Smirnoff Ice, Jack Daniels and a number of other top brands. We are also today issuing a Press Release covering the results of a price survey carried out in 21 towns and cities in England and Wales which highlights the competitiveness of our prices. For details see our web site at www.jdwetherspoon.co.uk. Enquiries: Tim Martin Chairman 01923 477777 John Hutson Managing Director 01923 477777 Jim Clarke Finance Director 01923 477777 Eddie Gershon Press Office 0956 392234
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