First Day of Dealings

Tasty PLC 04 July 2006 Tasty plc ('Tasty' or 'the Group') First Day of Dealings on the Alternative Investment Market Tasty plc is pleased to announce its flotation on the Alternative Investment Market ('AIM') under the ticker symbol 'TAST'. Tasty's shares have been admitted to trading on AIM today, following a Placing at 52p per share that values the entire issued share capital of Tasty at approximately £11.75 million. In the Placing, Tasty has raised approximately £1.75 million (gross) by way of a placing of new ordinary shares which, together with the Group's existing banking facilities and net cashflow, will be principally used to enable the Group to proceed with its expansion strategy with a view to opening at least six further restaurants by December 2007. It is also the Group's intention to use the proceeds to set up a new central kitchen facility. Highlights Established in 1993, Tasty operates three restaurants which are based in Hampstead, Highgate and Charlotte Street, London, under the 'dim t' format. The restaurants principally serve dim sum and other oriental food including Chinese, Thai and Vietnamese cuisine. The Group's restaurants are in a modern, oriental style which combines a contemporary ambience with a comfortable environment. The menu offers a variety of dim sum dishes as well as a range of other oriental foods. Average spend per head is approximately £12. The directors believe that there is significant opportunity in the casual dining market, following Admission, Tasty intends to expand its estate through the continued growth of the 'dim t' concept. The Directors have the infrastructure in place to support a significantly larger business. Leases have already been agreed for three additional sites in Tunbridge Wells (July), Gloucester Road (October) and Loughton (late 2006) and it is the intention to open at least six further restaurants over the next 18 months. Tasty's directors have extensive management experience and expertise in the fast growing casual dining market and in successfully rolling out restaurant brands such as ASK and Zizzi. Tasty has achieved strong growth in both sales and profit since its inception in 2003. In the 12 months ended December 2005, Tasty generated turnover of £2,016 million, gross profit of £950,000 and operating profit of £110,000. Evolution Securities is acting as Nominated Adviser and Broker to Tasty plc. Jonny Plant, Chief Executive of Tasty plc said: 'Tasty has a unique trading format. People are increasingly adventurous in terms of eating out and dim t provides a genuinely different, ethnic dining experience and an alternative to existing restaurant concepts for our customers. We are now well positioned with the funding in place to expand the Group taking dim t to a variety of new locations.' Sam Kaye, Executive Director of Tasty plc said: 'We are delighted that the Placing has been so well received. The Directors are confident that there is still significant opportunity for restaurants offering quality food, value for money and excellent service. We look forward to expanding the Group further and delivering value to shareholders going forward.' 4 July 2006 Enquiries Tasty plc Sam Kaye, Executive Director Jonny Plant, Chief Executive Evolution 020 7071 4300 Tom Price Bobbie Hilliam College Hill 020 7457 2020 Justine Warren Jamie Ramsay This information is provided by RNS The company news service from the London Stock Exchange

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