Issue of Equity

2 Sep 2008 15:13



2 September 2008

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

Exercise of options

Murgitroyd announces that it has issued and allotted 50,000 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 1 September 2008. An application for admission of the new shares to trading on AIM has been submitted and trading is expected to commence on Monday 8 September 2008.

The total number of shares in issue following the exercises of options is 8,483,239.

For further information, please contact:

Keith Young, Murgitroyd T: 07802 951913

David Ovens, Noble & Company Limited T: 0131 225 9677

Nadja Vetter/Catherine Maitland, Cardew Group T: 0207 930 0777