Notification of Interest

Mulberry Group PLC
08 October 2003

Mulberry Group Plc

8 October 2003

    NOTIFICATIONS UNDER SECTIONS 198 TO 202 COMPANIES ACT 1985 (AS AMENDED)

Mulberry Group Plc ('Mulberry' or 'the Company') received notification by a
letter dated 7 October 2003 that FMR Corp. ('FMR') and its direct and indirect
subsidiaries, and Fidelity International Limited ('FIL') and its direct and
indirect subsidiaries, both being non-beneficial holders, have an interest in
4,866,306 ordinary shares in Mulberry (representing 9.98% per cent. of the
Company's issued share capital of 48,760,586) as follows:

      Fidelity International Limited (FIL)
      P.O. Box HM 670
      Hamilton HMCX, Bermuda

Parent holding company for various direct and indirect subsidiaries, (See
Schedule A for listing of Registered Shareholders and their holdings.)

The notifiable interests also comprise the notifiable interest of:

Mr Edward C Johnson 3rd
82 Devonshire Street
Boston, MA 02109

A principal shareholder of Fidelity International Limited.


The notifiable interests include interest held on behalf of authorised unit
trust schemes in the UK, notwithstanding the exemption from reporting pursuant
to Section 209 (1)(h) of the Companies Act 1985.

These notifications of disclosable interests constitute separate notifications
of interest in the shares and are combined solely for the purposes of clarity
and efficiency. Nothing herein should be taken to indicate that Fidelity
International Limited and its direct and indirect subsidiaries or Mr Edward C.
Johnson 3rd act as a group or in concert in respect of the disclosed interests,
or that they are required to submit these notifications on a joint basis.

The disclosable interests arise under section 208(4)(b) of the Act, namely where
a person, not being the registered holder, is entitled to exercise a right
conferred by the holding of the shares or to control the exercise of such
rights, or under section 203 of the Act respectively.



SCHEDULE A
            Shares held      Management Company       Nominee/Registered Name
              4,866,306      FIL                      HSBC


ENDS


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