Result of EGM

Mulberry Group PLC
11 January 2005


MULBERRY GROUP PLC

11 January 2005

Result of Extraordinary General Meeting ('EGM') held on 11 January 2005

Mulberry Group plc (the 'Company') is pleased to announce that the special
resolutions put forward at the EGM of the Company, held on 11 January 2005,
proposing a reduction of the Company's share premium account and the reduction
of the authorised share capital of the Company by the cancellation of all of the
existing authorised, but unissued, 1% redeemable preference shares of £1 each
were duly passed.

The reduction will not be effective until the High Court has granted an Order
confirming the reduction and the Order is registered with the Registrar of
Companies. Accordingly, the Company will apply to the High Court for the
appropriate Order.

Further information is contained in the circular and notice of EGM, copies of
which are available free of charge at the Company's offices at Kilver Court,
Shepton Mallet, Somerset BA4 5NF and may also be requested directly from the
Company.


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