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16/07/1999

Discussions between Allied Domecq PLC ("ALLIED DOMECQ") and Punch Taverns Group Limited

Discussions between Allied Domecq PLC ("ALLIED DOMECQ") and Punch Taverns Group Limited ("PUNCH")

Bass notes Allied Domecq's announcement this morning. Bass is delighted that Allied Domecq has entered into discussions with Punch. Bass continues to believe that the acquisition of up to 650 of Allied Domecq's most attractive pubs will deliver material value for Bass shareholders.

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For further information, please contact:

Richard North, Finance Director   0171 409 1919
Mark Rigby, Media Relations   0171 409 8571
Jonathan Atack, Investor Relations   0171 409 8153

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