SCHEDULE 10                                                      
                                                                                                                       
                                       NOTIFICATION OF MAJOR INTERESTS IN SHARES                                       
 
1. Name of company
 
PizzaExpress PLC                                                       
 
2. Name of shareholder having a major interest
 
Lehman Brothers International (Europe)                                 
 
3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or
in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
 
As per 2                                                               
 
4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
 
As per 2                                                               
 
5. Number of shares / amount of stock acquired
 
Not disclosed                                                          
 
6. Percentage of issued class
 

 
7. Number of shares / amount of stock disposed
 

 
8. Percentage of issued class
 

 
9. Class of security
 
Ordinary                                                               
 
10. Date of transaction
 
11 June 2003                                                           
 
11. Date company informed
 
12 June 2003                                                           
 
12. Total holding following this notification
 
2,922,474                                                              
 
13. Total percentage holding of issued class following this notification
 
                                                                    
4.07%                                                                  
                                                                       

 
14. Any additional information
 

 
15. Name of contact and telephone number for queries
 
Patrick Hartrey 01895 618732                                           
 
16. Name and signature of authorised company official responsible for making this notification
 
Patrick Hartrey - Company Secretary                                    
 
Date of notification
 
13 June 2003