RNS Number:1135R
Caffe Nero Group PLC
21 October 2003



                        CAFFE NERO GROUP PLC


Caffe Nero Group plc announces that it has issued and allotted 250,250 new
ordinary shares of 5p each to a former employee pursuant to the exercise of
options granted under its Unapproved Share Option Scheme at an exercise price of
24.48p per share. The new shares will rank pari passu with existing ordinary
shares of 5p each.


Application has been made to the UK listing Authority and to the London Stock
Exchange for the new shares to be admitted to the Official List and to trading 
on the London Stock Exchange. It is expected that admission will occur on 23 
October 2003.



21 October 2003


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