Notifiable Interest

Mulberry Group PLC
21 October 2003


MULBERRY GROUP PLC


21 OCTOBER 2003

Mulberry Group Plc ('the Company')

The Company has been informed by a fax from Artemis Fund Managers Limited that
following recent market purchases, Artemis Investment Management Limited and
certain of its subsidiary companies have a notifiable interest of 5.0% in the
issued share capital of the Company.  Full details of the interest and the
beneficial holders are detailed below.


Beneficial Owner                 Number of Shares Held       Percentage Interest


Artemis UK Smaller Companies                 2,438,029                      5.0%


TOTAL INTEREST                               2,438,029                      5.0%



END






                      This information is provided by RNS
            The company news service from the London Stock Exchange