Exercise of share options

Spice Holdings PLC
10 July 2006


Spice Holdings plc ('Spice' or 'the Company')


Exercise of share options



Oliver Lightowlers has today exercised 9,250 share options under the Company's
Save As You Earn share option scheme.  The option exercise price per share was
100 pence and the total option cost was £9,250.  After taking account of the
exercise of share options, Oliver Lightowlers' revised shareholding in Spice,
including connected parties, totals 23,273 shares (representing approximately
0.05 per cent. of the ordinary issued share capital of the Company).




Enquiries:


Spice Holdings plc                                              Tel: [phone]
Simon Rigby, Chief Executive Officer
Oliver Lightowlers, Group Finance Director

Financial Dynamics                                              Tel: [phone]
Sally Lewis
Billy Clegg






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