RNS Number:6328S
Majestic Wine PLC
28 November 2003

MAJESTIC WINE PLC

28 NOVEMBER 2003





              MAJESTIC WINE PLC ("MAJESTIC WINE" OR THE "COMPANY")

                                ISSUE OF EQUITY



The company has issued and allotted, subject to admission, 320,630 new ordinary
30p shares.  The consideration for the shares is as follows:


Share Scheme                                                          Number of Shares   Exercise Price
Approved Executive Share Option Scheme                                     247,950           #2.425
Approved Executive Share Option Scheme                                     10,680            #3.075
Unapproved Executive Share Option Scheme                                   20,890            #2.425
Unapproved Executive Share Option Scheme                                   41,110            #3.075



The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company.  Trading is expected to commence on AIM on 4 December 2003.



END.




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