RNS Number:6465O
Caffe Nero Group PLC
13 August 2003


              Caffe Nero Group plc ("Caffe Nero" or "the Company)

                          Related Party Share Buy-Back


The Company announces that it has been granted Court approval for the reduction
in its share premium account to create a distributable reserve and therefore be
able to carry out the Related Party Share Buy-Back as set out in the circular
dated 26 June 2003.

The Company has today bought 2.9 million shares from Banc Boston (a related
party by virtue of its holding being greater than ten per cent.) at a fixed
price of 20p for cancellation.

Definitions in the circular apply in this announcement unless the context
otherwise requires.



For further information please contact:

Caffe Nero Group plc
Gerry Ford                                           020 7520 5150


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