Grant of Options

Mulberry Group PLC
29 June 2004

29 June 2004

MULBERRY GROUP PLC (the 'Company')

GRANT OF OPTIONS

On 29 June 2004 the Board of Mulberry Group plc granted the following options
over Mulberry Group plc ordinary shares of 5 pence each at an exercise price of
49.5 pence per share:

Godfrey Davis       105,000 shares

Guy Rutherford      100,000 shares

John Rogers          60,000 shares

END.

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