Mulberry : Issue of Equity

Mulberry Group plc

Issue of Equity

Mulberry Group plc ('Mulberry' or the 'Company') announces that it has issued 30,000 new ordinary shares of 5 pence each in the Company ('Ordinary Shares') at nominal value to one of its significant strategic suppliers.

Application has been made for the new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange ('Admission'). On Admission, the new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue. It is expected that Admission will take place and dealings will commence in the new Ordinary Shares at 8.00 a.m. on 10 December 2018.

The issued Ordinary Share capital of the Company following Admission will be 60,047,458 Ordinary Shares. No Ordinary Shares are held in treasury. Therefore, the total number of voting rights in Mulberry will be 60,047,458.

Following Admission, the figure of 60,047,458 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Ordinary Share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Headland Lucy Legh / Emma Ruttle	020 3805 4822
Mulberry Investor Relations Allegra Perry	020 7605 6795
GCA Altium (Nomad) Tim Richardson	020 7484 4040
Barclays Nicola Tennent / Stuart Muress	020 3134 9801