RNS Number:2627R
Caffe Nero Group PLC
23 October 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

        Caffe Nero Group plc


2.     Name of shareholder having a major interest

       Paladin Partners 1

3.     Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above
       or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that
       person's spouse or children under the age of 18.

        As Above


4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

       As Above


5.     Number of shares/amount of stock acquired

        N/A


6.     Percentage of issued class

        N/A


7.     Number of shares/amount of stock disposed

        2,544,788


8.     Percentage of issued class

        3.88%


9.     Class of security

        Ordinary 0.5p shares


10.    Date of transaction

        21 October 2003


11.    Date company informed

        21 October 2003


12.    Total holding following this notification

        26,759,487


13.    Total percentage holding of issued class following this notification

        40.88%


14.    Any additional information


15.    Name of contact and telephone number for queries

        Ben Price



16.    Name and signature of authorised company official responsible for making this notification.

        Ben Price


Date of notification: 23 October 2003





                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

        Caffe Nero Group plc


2.     Name of shareholder having a major interest

        BancBoston Capital Management Limited


3.     Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above
       or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that
       person's spouse or children under the age of 18.

        As Above


4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

       As Above



5.     Number of shares/amount of stock acquired

        N/A


6.     Percentage of issued class

        N/A


7.     Number of shares/amount of stock disposed

        2,750,000


8.     Percentage of issued class

        4.2%


9.     Class of security

        Ordinary 0.5p shares


10.    Date of transaction

        21 October 2003


11.    Date company informed

        21 October 2003


12.    Total holding following this notification

        3,870,225


13.    Total percentage holding of issued class following this notification

        5.65%


14.    Any additional information


15.    Name of contact and telephone number for queries

        Ben Price


16.    Name and signature of authorised company official responsible for making this notification.

        Ben Price


Date of notification: 23 October 2003




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