RNS Number:4009J
Majestic Wine PLC
31 March 2003



MAJESTIC WINE PLC

31 MARCH 2003





              MAJESTIC WINE PLC ("MAJESTIC WINE" OR THE "COMPANY")
                                ISSUE OF EQUITY



The company has issued and allotted, subject to admission, 4,000 new ordinary
30p shares under the Approved Executive Share Option Scheme.  The consideration
for the shares is as follows:


Share Scheme                                   Number of Shares   Exercise Price

Approved Executive Share Option Scheme            4,000             273p


The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company.  Trading is expected to commence on AIM on 3 April 2003.



END.




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