Result of General Meeting

PUNCH TAVERNS PLC

("Punch" or the "Group")

Result of General Meeting

Punch announces that at the General Meeting held today at Jubilee House, Second Avenue, Burton upon Trent, DE14 2WF, the ordinary resolution regarding the proposed disposal of the Group's 50% shareholding in Matthew Clark (Holdings) Limited to Conviviality Brands Limited, a wholly-owned subsidiary of Conviviality Retail Plc (the "Disposal"), as set out in the circular sent to shareholders on 15 September 2015 (the "Resolution"), was duly passed on a show of hands.

Details of the number of shares in respect of which proxy appointments have been made and the proxy votes cast for, against and withheld for the Resolution will shortly be available on the Group's website http://www.punchtavernsplc.com.

In accordance with Listing Rule 9.6.2, copies of the Resolution have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM and also on http://www.punchtavernsplc.com.

The disposal, which remains subject to the satisfaction of other conditions precedent, is currently expected to complete within the next two weeks.

Enquiries:

Disclaimer

Numis Securities Limited ("Numis"), which is authorised in the United Kingdom by the Prudential Regulatory Authority and regulated in the United Kingdom by the FCA and the Prudential Regulatory Authority, is acting exclusively for the Company and no one else in relation to the Disposal, and will not regard any other person (whether or not a recipient of this document) as its client in relation to the Disposal and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Numis, or for giving advice in relation to the Disposal or any transaction, arrangement or other matter referred to in this document. No person shall be treated as a client of Numis solely by virtue of receiving this document.