Director/PDMR Shareholding

Punch Taverns plc (the "Company")

14 November 2014

NOTIFICATION OF DIRECTOR / PDMR SHAREHOLDING

On 13 November 2014, Stephen Billingham, Executive Chairman, purchased 32,194 Ordinary shares of 0.9572p each in the capital of the Company at a price of 154.50 pence per share. Mr Billingham does not have any other interests in the Ordinary share capital of the Company.

The issued share capital of Punch Taverns plc is 221,859,048 Ordinary shares of 0.9572p each.

Name of contact and telephone number for queries:

Ed Bashforth

Company Secretary

Punch Taverns plc

Tel: 01283 502215