Director Shareholding

Mulberry Group PLC
23 August 2001

MULBERRY GROUP PLC

23 AUGUST 2001

DEALINGS BY DIRECTORS

1)    NAME OF COMPANY
      MULBERRY GROUP PLC

2)    NAME OF DIRECTOR
      ROGER JOHN SAUL

3)    Please state whether notification indicates that it is in respect of
      holding of the director named in 2 above or holding of that person's      
      spouse or children under the age of 18 or in respect of a non-beneficial  
      interest

      Transfer to R.J Saul's holding from Mrs Joan Saul's holding in which R J  
      Saul has a non-beneficial interest

4)    Name of the registered holder(s) and, if more than one holder, the
      number of shares held by each of them (if notified)

Beneficial:

Roger John Saul                                                       3,317,090
Marion Joan Saul (Spouse)                                               548,722
Roger John Saul Life Interest Settlement                              4,355,660
R J & M J Saul Pension Fund                                             643,026
                                                                      ---------
                                                                      8,864,498
                                                                      ---------
Non Beneficial:

The Michael & Joan Saul Trust                                            50,000
Michael David Saul*                                                     481,360
Mrs Joan Saul*                                                           84,550
Rosemary Joan Matthews*                                                 465,590
John Francis Matthews*                                                   26,940
Andrew Peter Saul*                                                      454,276
Catherine Ann Murray Illif*                                              33,626
Michael Saul*                                                            52,250
                                                                      ---------
                                                                      1,648,592
                                                                      ---------


      * R J Saul has a voting interest in these shares

5)    Please state whether notification relates to a person(s) connected with
      the director named in 2 above and identify the connected person(s)

      Purchase in respect of R.J Saul's holding from Mrs Joan Saul's holding in
      which R J Saul has a non-beneficial interest

6)    Please state the nature of the transaction.  For PEP transactions please
      indicate whether general/single co PEP and if discretionary/non           
      discretionary

      Transfer of shares

7)    Number of shares/amount of stock
      150,000 Ordinary shares

8)    (0.41%)
      of issued class

9)    Number of shares/amount of stock disposed
      N/A

10)   (N/A%)
      of issued class

11)   Class of security
      Ordinary 5p shares

12)   Price per share
      NIL

13)   Date of transaction
      22 August 2001

14)   Date company informed
      22 August 2001

15)   Total holding following this notification
      8,864,498   beneficial
      1,648,592   non-beneficial

16)   Total percentage holding of issued class following this notification
      24.52% beneficial
      4.56% non - beneficial

17)   Name of contact and telephone number for queries

      Mark Taylor       0207 426 9517

18)   Name and signature of authorised company official responsible for making
      this notification

      Godfrey Davis

Date of notification
23 August 2001


END