Interim Management Statement

GREENE KING plc

INTERIM MANAGEMENT STATEMENT

At its AGM today, Greene King will make the following Interim Management Statement for the 18 weeks to 4 September 2011.

CURRENT TRADING

Our strategy is to grow our Retail business and it is therefore encouraging to report like-for-like (LFL) sales in Greene King Retail, our largest and fastest growing division, up 2.6% after 18 weeks, with 4.3% LFL growth in the last ten weeks. This strong performance is despite the negative impact of last year's World Cup.

Our focus on food continues to deliver strong results with LFL sales up 4.2% after 18 weeks and 4.7% growth in the last ten weeks.

Both of this year's acquisitions, Cloverleaf and Realpubs, are trading strongly. In addition, we have declared the offer for Capital Pub Company unconditional and we can now begin to integrate Capital into Greene King and start to capture operational synergies of at least £2m.

After 16 weeks, average EBITDA per pub in Pub Partners was up 2.4% with LFL EBITDA down 1.0%. LFL EBITDA in our core estate is ahead of last year.

In Brewing and Brands, core brand own-brewed volume is up 1.8%, with 5.0% growth in the last ten weeks, compared to the UK ale market down 8.0% in the last quarter. All of our category-leading core brands are outperforming their categories with Old Speckled Hen performing particularly well.

Overall, our margins, profit, cashflow and balance sheet remain in line with our expectations.

OUTLOOK

The trading outlook remains uncertain as UK consumers are having to cope with rising costs, falling disposable income and the prospect of increased unemployment.

Overall, however, we are confident that our Retail expansion strategy, and the consistent delivery of excellent value, service and quality to our customers across each of our businesses, will enable us to deliver growth, further increase our market share and continue to deliver value to our shareholders.

For further information:

NOTES FOR EDITORS

§ Greene King operates c.2400 pubs, restaurants and hotels across England, Wales and Scotland, of which over 900 are in our largest, and fastest growing business, Retail. Its

leading retail brands are Hungry Horse, Old English Inns, Loch Fyne Restaurants and

Eating Inn.

§ Greene King also brews Greene King IPA, the no.1 cask ale in the UK, Old Speckled Hen,

the no.1 premium ale in the UK, Abbot Ale, the no.1 premium cask ale in the UK and

Belhaven Best, the no.1 ale brand in Scotland.