RNS Number:8823M
Majestic Wine PLC
27 June 2003

27 June 2003


MAJESTIC WINE PLC (the "Company" or "Majestic")

The Company operates a deferred bonus scheme for senior managers, which includes
the executive Directors. It involves the award of Bonus Shares to participants
subject to meeting performance criteria that are set annually by the
remuneration committee. Any bonus shares awarded in this manner are held on
behalf of participants by the Company's Employee Share Ownership Trust ("ESOT")
for a two year deferral period. At the end of that period, participants have a
right receive Loyalty Shares of equivalent number provided that they are still
in employment.

Following the award of Bonus Shares to certain Directors during June 2001, the
two year loyalty period has now been completed and these certain Directors were
awarded Loyalty Shares on 26 June 2003 as set out below.

Also, on 26 June 2003 certain Directors sold some of their ordinary shares in
the Company as set out below.

Following the award of the Bonus Shares (including those awarded for the
financial year that ended 31 March 2003) and the Loyalty Shares detailed above
and the sale of new ordinary shares by the Directors today, the Directors'
interests in the Company's share capital are as follows:

                         Original        Bonus      Loyalty      Shares     Price         Revised  % of issued
                           share-       Shares       Shares        sold   sold at   Share-holding        share
                          holding                                                                      capital

Tim How                    157124         3064         1966        1613      628p          160541         1.05

Tony Mason                  23517         1455         1072         880      628p          251164         0.16
Steve Lewis                  2058         1711            -           -         -            3769         0.02
Nigel Alldritt                286         1521            -           -         -            1807         0.01


                      This information is provided by RNS
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END

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