Issue of Equity

Tasty PLC 25 May 2007 TASTY PLC ISSUE OF EQUITY Tasty plc ('Tasty' or 'the Company') is pleased to announce that further to its announcement on 17 May 2007 the Company has finalised the issue, subject to admission, of 2,727,273 new ordinary shares of 10 pence each ('New Shares') at a price of 110 pence per share (the 'Placing Price') to raise £3.0million, before expenses ('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 the announcement of the Placing by the Company). The New Shares will represent approximately 10.5 per cent. of the current issued share capital of the Company. The Placing is subject to admission of the New Shares to trading on AIM which is expected to occur on 1 June 2007. The Placing is non-underwritten. The net proceeds from the Placing will be used by the Company to accelerate the expansion of its restaurants. The Company has been informed that Samuel Kaye, an Executive Director, and Adam Kaye, a Non-Executive Director, each purchased 454,545 New Shares in the Placing. Following this purchase, Samuel Kaye and Adam Kaye have a holding of 6,407,763 ordinary shares each, with each holding representing 22.30 per cent. of the Company's enlarged issued ordinary share capital. Keith Lassman, the Non-Executive Chairman of the Company, has also purchased 9,090 New Shares in the Placing. Following this purchase, Keith Lassman has a holding of 39,072 ordinary shares, representing 0.14 per cent. of the Company's enlarged issued ordinary share capital. The Company has also been informed that Philip Kaye, a major shareholder, purchased 181,818 New Shares in this Placing. Following this purchase, Philip Kaye has a holding of 1,720,279 ordinary shares, representing 5.99 per cent. of the Company's enlarged issued ordinary share capital. 25 May 2007 Enquiries: Evolution Securities 020 7071 4300 Tom Price Bobbie Hilliam This information is provided by RNS The company news service from the London Stock Exchange

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