RNS Number:5668Q
Cazenove & Co
06 October 2003

                                                                      FORM SAR 5



Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.

A copy must also be sent to the company the shares of which are being sold.



Date of disclosure


6th October 2003



DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL
ACQUISITIONS OF SHARES ("SARs")



Date of sale


3rd October 2003



Sale of (name of company)


Mulberry Group plc



1. Class of voting shares (eg ordinary shares)


ordinary



Number of shares/rights over shares sold


4,866,306                              Shares                       Rights



If rights over shares sold, as opposed to the shares themselves, specify nature
of rights






2. Resultant total holding of voting shares (and % of total voting shares in
issue)


8,886,944                                                18.23%



Resultant total holding of rights over shares (and % of total voting shares in
issue)


                                                         %



Total percentage


  18.23%



3. Party making disclosure


Cazenove & Co. Ltd

4. (a) Name of person selling shares or rights over shares


Roger J Saul and associated family members and family trusts



and, if different, beneficial owner


(b) Names of any other persons acting by agreement or understanding



Signed, for and on behalf of the party named in (3) above






(Also print name of signatory)


Alasdair McKerrell - Manaqing Director



Telephone and extension number


020 7588 2828



For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs.  If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section, Tel. No: 020 7638 0129. E-mail: monitoring@disclosure.org.uk


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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