1. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE

2. June 14 2005 Annual General Meeting

3. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE Sir John Banham Chairman

4. Agenda for today’s meeting  The latest chapter  The next chapter  Questions  AGM business

5. The latest chapter Total shareholder returns: 5 years to June 2005 FTSE 100 constituents in 2000

6. Total shareholder return June 2000 - June 2005 50 70 90 110 130 150 170 190 210 230 Jun-00Dec-00Jun-01Dec-01Jun-02Dec-02Jun-03Dec-03Jun-04Dec-04Jun-05 TSR WhitbreadFTSE100

7. The next chapter “More of the same, but better”  Continued top line organic growth  Like-for-like sales growth  Improvement in returns

8. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE Alan Parker Chief Executive

9. Trading statement * Travel Inn only 1.5%14.1% First quarter SALES trend - 13 weeks to 2 June % change vs prior year Like-for-like total Premier Travel Inn8.2 * 10.4 * Pub restaurants(1.0)3.7 High Street restaurants(0.1)5.5 David Lloyd Leisure0.12.0 Continuing Whitbread1.05.0

10. One Whitbread - route map Pub Restaurants Re organisation Exit Citypoint Business Review June 2004 JulyAugSepOctNovDecFeb Mar 100 Day Plan Marriott Announcement Leadership Convention Special Dividend AprilMay Premier Lodge Acquisition June 2005 Courtyard Sale 100 Day Plan Key exec appointments AGM Chairman succession Jan 2005 AGM

11. 2004/5 financial highlights  Pre-tax profits up 17.8%  Pre-tax, pre-exceptional profits up 9.4%  Earnings per share (adjusted) up 10.1%  Full year dividend per share up 13.2%

12. Return on capital employed 2004/5 11.4% 9.4% 0 2 4 6 8 10 12 As reported Pro Forma, excluding Marriott %

13. The Whitbread family

14. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE

15. Agenda 2005/6 - the year of ROCE step up  Drive like-for-like sales  Improve operational efficiency  Achieve disciplined growth  One Whitbread No Limits culture

16. WINcard - Whitbread in Numbers

17. The Whitbread Way We believe in… People and Teamwork Caring for Guests Passion for Winning Continuous Improvement

18. One Whitbread synergies People Property ProcessProcurement Hotels Health & Fitness Restaurants

19. Agenda 2005/6 - the year of ROCE step up  Drive like-for-like sales  Improve operational efficiency  Achieve disciplined growth  One Whitbread No Limits culture  Execute the restructuring

20. Summary  Whitbread is the UK’s No.1 hospitality company Hotels Restaurants Health & fitness  2004/5 - restructuring for future growth and shareholder value  2005/6 - focus on execution, disciplined growth and improved returns

21. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE Shareholder questions

22. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 1 1 Resolution one Total proxy votes received133,148,198 For Against 130,054,476 368,013 Abstained2,725,709

23. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 2 2 Resolution two Total proxy votes received133,136,197 For Against 126,286,282 1,186,760 Abstained5,663,155

24. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 3 3 Resolution three Total proxy votes received133,161,069 For Against 133,149,519 5,761 Abstained5,789

25. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 4 4 Resolution four Total proxy votes received133,108,333 For Against 132,519,262 518,937 Abstained70,134

26. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 5 5 Resolution five Total proxy votes received133,104,686 For Against 132,682,040 355,315 Abstained67,331

27. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 6 6 Resolution six Total proxy votes received133,100,197 For Against 132,385,453 657,784 Abstained56,960

28. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 7 7 Resolution seven Total proxy votes received133,100,357 For Against 132,796,144 250,313 Abstained53,900

29. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 8 8 Resolution eight Total proxy votes received133,098,724 For Against 132,480,667 554,827 Abstained63,230

30. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 9 9 Resolution nine Total proxy votes received133,146,706 For Against 132,441,767 683,690 Abstained21,249

31. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 10 Resolution ten Total proxy votes received133,123,475 For Against 131,202,486 1,865,848 Abstained55,141

32. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 11 Resolution eleven Total proxy votes received133,079,717 For Against 131,849,477 1,106,920 Abstained123,320

33. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 12 Resolution twelve Total proxy votes received133,100,443 For Against 132,773,073 122,921 Abstained204,449

34. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE 13 Resolution thirteen Total proxy votes received133,077,435 For Against 131,251,385 556,741 Abstained1,269,309

35. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE June 14 2005 Annual General Meeting

36. PREMIER TRAVEL INN · BREWERS FAYRE · BEEFEATER · T.G.I. FRIDAY'S · COSTA · PIZZA HUT · DAVID LLOYD LEISURE