GRM Gourmet Hldgs

RNS Number:2237G
Gourmet Holdings PLC
23 October 2007


Gourmet Holdings Plc ("Gourmet" or the "Company")

COMPLETION OF ACQUISITION


Gourmet, the London restaurant/cafe operator, is pleased to announce that
further to the announcement dated 27 September 2007 it has completed the
acquisition of Amato, the cafe/patisserie concept based in Old Compton Street,
London, on 22 October 2007.

In accordance with the terms of the acquisition the vendor, Shirepond Limited,
has been issued 89,286 ordinary shares (the "Acquisition Shares") and 535,715
options over the ordinary shares in Gourmet. The options can be exercised at any
time between three and six years from the date of completion at an exercise
price of 28p, being the average of the three day mid market closing prices up to
and including the day before completion.

Admission of and trading in the Acquisition Shares is expected to commence at
8.00 a.m. on 29 October 2007. Upon Admission, the Company's enlarged issued
share capital will comprise 42,019,612 ordinary shares with voting rights.  The
Company does not hold any shares in treasury.  This figure of 42,019,612
Ordinary Shares may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change in their interest in, the share capital of the
Company under the FSA's Disclosure and Transparency Rules.

23 October 2007


Enquiries

Gourmet Holdings                            020 7491 3791
Neil Blows

Arbuthnot Securities                        020 7012 2000
Nick Marsh
Paul Vanstone

College Hill                                020 7457 2020
Justine Warren
Matthew Smallwood




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