Extremely unlikely. The team who made the film have expressed no interest in a sequel as far I'm aware.
However, the same people made Hot Fuzz (which has some links to SoTD) and have plans to make a 3rd film. Some people like to call this the "Blood and Icecream" or "Cornetto" trilogy.
'Shaun of the Dead' (2004).
The duration of Shaun of the Dead is 1.65 hours.
Shaun of the Dead was released on 09/24/2004.
Shaun of the Dead was created on 2004-04-09.
Shaun of the Dead grossed $30,332,385 worldwide.
"Shaun of the Dead" (2004) is rated 'R' for zombie violence/gore and language.
Shaun of the Dead grossed $13,542,874 in the domestic market.
The Winchester
A cornetto.
He was on the telly, as Shaun was flicking through the channels.
Sometimes on Disney Channel
sadly no, but there is dawn of the dead but its not a comedy =D