Issue of Equity

Mulberry Group PLC
29 June 2007

MULBERRY GROUP PLC (the 'Company')


29 June 2007


ISSUE OF EQUITY AND DIRECTOR DEALINGS


The Company has applied for 230,000 ordinary shares of 5p each in the Company,
which were issued pursuant to the exercise of share options, to be admitted to
trading on the Alternative Investment Market of the London Stock Exchange.


These share options were exercised as follows:-

205,000 at the option price of 49.5 pence
 25,000 at the option price of 53 pence.



The Directors of the company have approved the allotment of the shares.


Pursuant to the exercise of options the following Directors have sold shares in
the company at a price of 260 pence as follows:


Godfrey Davis     105,000
Guy Rutherford    100,000


These shares will rank pari passu with the existing ordinary shares of the
Company and dealings are expected to commence on Thursday 5 July 2007.




Mr Robert Gibson, a Director, has also sold 7,000 shares in the company at a
price of 260 pence.



Enquiries:

Teather & Greenwood                       Tel: [phone]
Mark Dickenson
Fred Walsh





END


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