Issue of Equity - Replacement

Tasty PLC
17 May 2007


The following replaces the issue of equity announcement released at 08.21 under
RNS number 7612W. The Company has received informal commitments for all the New
Shares and expects to announce the completion of the Placing, subject to the
passing of the resolutions at the Company's annual general meeting on 25 May
2007 and upon admission of the New Shares to trading on AIM, by Friday 25 May
2007. The full amended text appears below.


                                   TASTY PLC

                                ISSUE OF EQUITY


Tasty plc ('Tasty' or 'the Company') announces today that it intends to raise up
to £3.0 million, before expenses, through a placing of 2,727,273 new ordinary
shares of 10 pence each ('New Shares') at a price of 110 pence per share (the
'Placing Price') principally through existing investors ('the Placing'). The
Placing Price represents a discount of 16.7 per cent to the closing middle
market price of the Company on 23 April 2007 (being the date prior to the
commencement of the placing process) and a discount of 35.3 per cent to the
closing middle market price of the Company on 16 May 2007. (being the date prior
to the release of this announcement). The New Shares will represent
approximately 10.5 per cent. of the current issued share capital of the Company.

The Company has received informal commitments for all the New Shares and expects
to announce the completion of the Placing, subject to the passing of the
resolutions at the Company's annual general meeting on 25 May 2007 and upon
admission of the New Shares to trading on AIM, by Friday 25 May 2007. The
Placing will be non-underwritten.

The net proceeds from the Placing will be used by the Company to accelerate the
expansion of its restaurants.


17 May 2007


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