Correction: Update re Auditor

For immediate release

20 December 2018

Patisserie Holdings plc

CORRECTION: Resignation and Appointment of Auditor

The Company has identified an error in the name of the auditor referenced in RNS number 1699L. The correct auditor name is RSM UK Audit LLP. All other information remains unchanged. The corrected announcement is included below.

Patisserie Holdings plc

Resignation and Appointment of Auditor

Further to the recent press speculation, Patisserie Holdings plc (AIM: CAKE) ("PH" or the "Company") confirms that it intends to appoint RSM UK Audit LLP as new auditors in replacement of Grant Thornton UK LLP once the necessary professional processes have been completed.

A further announcement will be made once the appointment is effective.

Enquiries:

Patisserie Holdings plc +44 (0)121 777 7000

Luke Johnson, Executive Chairman

Steve Francis, CEO

Nomad and Broker

Canaccord Genuity Limited +44 (0)20 7523 8000

Chris Connors

Henry Fitzgerald-O'Connor

Financial Public Relations

Maitland +44 (0) 20 7379 5151

Sam Cartwright

Jonathan Cook

END