Date:                            22 September 2008

On behalf of:                The Clapham House Group PLC ("Clapham House" or the "Company")

For immediate release        

The Clapham House Group PLC 

AGM Statement

At today's Annual General Meeting of The Clapham House Group PLC, the owner and developer of leading restaurant brands, the following statement will be made by David Page, the Company's Chairman:

Your Board is pleased to report that trading has continued to be satisfactory in the second quarter of our financial year.  Today we operate from 82 locations: 53 Gourmet Burger Kitchen ("GBK") restaurants (45 in the UK and 8 under franchise internationally), 23 Tootsies / Dexters restaurants and 6 The Real Greek ("TRG") restaurants.

Over the last three months, a number of marketing initiatives have been introduced. Sales at our GBK restaurants have responded particularly well; sales at Tootsies have been satisfactory with the impact of the poor summer weather on the 23% of covers outside mitigated by an improved performance at several of the shopping centre restaurants; TRG's central London locations have traded well. 

We believe that recent trading in the current economic climate confirms that the positioning and price point of our brands remains very attractive to a wide range of customers, offering high quality products but at affordable prices.  

In addition to executing ongoing marketing campaigns across the portfolio, we have intensified the management of our supply chain and have revisited all arrangements with a view to achieving increased efficiency and scale savings whilst protecting the quality of our products. We monitor all costs extremely carefully on a continual basis.

In line with our stated opening programme, we have added two new GBKs in the current financial year, one of which is in London's Old Spitalfields Market. We are currently building four GBK restaurants to open in the second half of the year in Liverpool, Cardiff, Bristol, and White City. We are also building two TRGs at Old Spitalfields Market and White City. Contracts have also been exchanged on two further properties. 

Our franchise partner has opened two new GBK restaurants in Dublin, both of which have performed very well in their first few months of trading. We expect at least two further GBK international openings under franchise in the second half of the year.

In July, we successfully disposed of The Bombay Bicycle Club for £4.4m in order to focus resources on our pure restaurant businesses and strengthen our balance sheet. Consequent to this, Clapham House's net debt currently stands at £12.1m. The Company's debt facilities are £21.7m.

Similarly, we anticipated the current market conditions in December last year and took the requisite actions on a timely basis to refine our expansion strategy. Whilst we are understandably cautious on the UK economic outlook and its impact on consumer spending, we are confident that Clapham House is well positioned with an appropriate and sensible growth plan for the current market conditions.

We remain highly positive about the mid term market prospects for our formats and the UK eating out market.

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Enquiries:

The Clapham House Group PLC                     Tel: 0870 066 2099

David Page, Executive Chairman

Paul Campbell, Chief Executive

Nick Wong, Group Finance Director

Noble & Company Limited                               Tel: 0207 763 2200

Nick Naylor

Nick Athanas

Redleaf Communications                                   clapham@redleafpr.com

Emma Kane / Sanna Sumner / Kathryn Hurford     Tel: 0207 822 0200

Notes to Editors:

The Clapham House Group PLC gained admission to AIM in November 2003 with a strategy to build a unique restaurant group of high quality brands and to develop exciting restaurant concepts throughout the UK.

Clapham House has a portfolio of three strong brands:

Gourmet Burger Kitchen (www.gbk.co.uk) - with 53 restaurants across the UK and internationally, GBK offers a sophisticated, highly regarded and award winning range of gourmet burgers. 

Tootsies (www.tootsiesrestaurants.co.uk) - offering a family friendly all day menu, the first Tootsies restaurant opened in Holland Park over 35 years ago; today there are 23 Tootsies restaurants across the UK.

The Real Greek (www.therealgreek.com) - healthy Eastern Mediterranean cuisine, with six restaurants across London serving meze and TRG's much loved souvlaki. 

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