APGN.L Regulatory News (APGN)

Applegreen plc

AGM Statement

Dublin, London, 20 May 2016: Applegreen plc ('Applegreen' or the 'Group'), a major petrol forecourt retailer in the Republic of Ireland with a growing presence in the United Kingdom is holding its AGM today at 10.00 a.m. at the Clayton Hotel, Merrion Road, Dublin 4.

At the AGM, Daniel Kitchen, Chairman of Applegreen, will make the following statement:

Following another year of strong growth in 2015 I am pleased to report that 2016 has started well both in terms of trading and the development of the business.

Our business in Ireland has enjoyed a positive start with trading volumes up in all categories of the business, particularly food. We continue to enjoy good growth in UK food sales amid a tough competitive landscape. Overall the trading performance of the business for the first four months of the year has been in line with the Board's expectations.

Since 31 December 2015 we have added 17 sites to the estate. In the Republic of Ireland we have opened three new Petrol Filling Stations ('PFS') and two new Service Areas including one which was converted from a former PFS site. We also added six dealer sites. In the UK we have added four new PFS so far in 2016 and two Service Areas. This includes our latest Motorway Service Area in Lisburn, Northern Ireland on the M1, seven miles south of Belfast. Our pipeline of new PFS continues to be strong in both the Republic of Ireland and particularly in the UK.

We have also opened a new PFS in the Long Island region in the North East of the USA and have made good progress developing our presence in that region.

The pipeline of service areas continues to develop in both Ireland and the UK. We have a significant number of prospects in both core markets at various stages of the planning process and are confident of further expanding our businesses in each territory.

We are also pleased to announce an exciting addition to our suite of food offers in the form of Freshii, a Canadian concept, which provides fresh and nutritious meal choices that appeals to people on the go. The first Applegreen Freshii outlet will open in June in our Lusk MSA heading north on the M1 out of Dublin. We are continuing discussions with a number of other potential franchise partners.

In summary, the Board is very satisfied with the progress and performance of the business for the first four months of the year. This gives us confidence in our ability to meet our growth targets for 2016.

For further enquiries, please contact:

Applegreen

Bob Etchingham, CEO / Paul Lynch CFO +353 (0) 1 512 4800

Drury Porter Novelli (Irish media):

Paddy Hughes +353 (0) 1 260 5000

Goodbody

Simon Howley +353 (0) 1 667 0420

Siobhan Wall

Shore Capital

Stephane Auton +44 (0) 20 7408 4090

Patrick Castle