Greene King Regulatory News (GNK)

GREENE KING plc

POTENTIAL SECURED FINANCING TAP

Ahead of an upcoming bond roadshow, Greene King plc announces that it is seeking to enter into a tap of its secured financing vehicle (the "Third Tap Issue").

As part of the Third Tap Issue, subject to market conditions, Greene King Finance plc proposes issuing new benchmark Class A6 notes with expected ratings of A(sf) and BBB+ from Standard & Poors and Fitch respectively

Details of the proposed transactions are contained in the preliminary prospectus dated 13 May 2016 (the "Preliminary Prospectus").

The Preliminary Prospectus contains no update on current trading and remains subject to completion and amendment.

Greene King Retailing Limited, the principal operating company of the secured financing, has also today published its Q3 Investor Report covering results for the period from 19 October 2015 to 10 January 2016.

Both the Preliminary Prospectus and the Q3 Investor Report can be viewed at the following URL:

http://www.greeneking.co.uk/index.asp?pageid=55

For further information:

NOTES FOR EDITORS

· Greene King plc was founded in 1799 and is headquartered in Bury St. Edmunds, Suffolk. It currently employs around 42,000 people across its main trading businesses; Retail, Pub Partners and Brewing & Brands.

· It operates c. 3,000 pubs, restaurants and hotels across England, Wales and Scotland, of which c. 1,800 are retail pubs, restaurants and hotels, and c. 1,200 are tenanted, leased and franchised pubs. Its leading retail brands and formats include Hungry Horse, Farmhouse Inns, Chef & Brewer, Flaming Grill and Loch Fyne Seafood & Grill. 83% of the estate is either freehold or long leasehold.

· Greene King also brews quality ale brands from its Bury St. Edmunds and Dunbar breweries, and is the UK's leading cask ale brewer and premium ale brewer. Its industry-leading portfolio includes Greene King IPA, Old Speckled Hen, Abbot Ale and Belhaven Best.