Block Listing of Shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

7 August 2017

Punch Taverns plc ("Punch")

Block Listing of Shares

Punch hereby notifies the market that an application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 650,000 ordinary shares of 0.9572 pence each in Punch (the "Shares") to be admitted to the Official List and to trading on the London Stock Exchange's Main Market for listed securities.

It is expected that admission will be granted on 9 August 2017 and that trading will commence on 16 August 2017.

The Shares are to be reserved under a block listing and will be issued as follows:

up to 325,000 Shares to satisfy the Punch Taverns plc Long-Term Incentive Plan 2008; and

up to 325,000 Shares to satisfy the Punch Taverns plc Sharesave Scheme 2016.

When issued, these Shares will rank pari passu with the existing ordinary shares of Punch.