Trading Update

Mulberry Group PLC ("Mulberry")

Trading update

Mulberry Group plc, the English luxury fashion brand, announces today that due to strong UK and export sales during January and February which have continued into March, sales and profit for the year ending 31 March 2011 are expected to exceed market expectations.

Margins for the year to date have continued to be strong as increased sales have led to improved operational gearing. Order intake for the Autumn 2011 collection is encouraging.

For further details please contact:

Pelham Bell Pottinger

Dan de Belder / Lucy Frankland 0207 861 3232

Altium Capital

Ben Thorne / Melanie Szalkiewicz 0207 484 4040