Exercise of options

2 Jun 2008 07:00

2 June 2008

Murgitroyd Group PLC ("Murgitroyd" or "the Group")

Exercise of options

Murgitroyd announces that it has issued and allotted 30,000 Ordinary shares of 10 pence each at a price of 181 pence per share pursuant to the exercise of options under the Group's unapproved Executive Share Option Scheme.

The options were exercised on 31 May 2008. An application for admission of the new shares to trading on AIM has been submitted and trading is expected to commence on Thursday 5 June 2008.

The total number of shares in issue following the exercises of options is 8,433,239.

For further information, please contact:

Keith Young, Chief Executive  0141 307 8400

David Ovens, Noble & Company  0131 225 9677