Change of NOMAD

FOR IMMEDIATE RELEASE

Mulberry Group plc

(the "Company")

Change of Nominated Adviser

As a consequence of an internal reorganisation within the Houlihan Lokey group of companies, the Company has changed its Nominated Adviser from Houlihan Lokey Advisory Limited to Houlihan Lokey UK Limited.

For further information please contact:

Mulberry Group plc                                                                          Tel: +44 (0) 20 7605 6793

Charles Anderson (Group Finance Director)

Headland (Public Relations)                                                             Tel: +44 (0) 20 3805 4822

Lucy Legh / Joanna Clark

Houlihan Lokey UK Limited (NOMAD)                                             Tel: +44 (0) 20 7839 3355

Tim Richardson