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Mayflower Corpn. (MFW)

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Thursday 18 December, 2003

Mayflower Corpn.

Refinancing

Mayflower Corporation PLC
18 December 2003


18 December 2003

                  The Mayflower Corporation plc ('Mayflower')
                                  Refinancing

On 16 December, The Mayflower Corporation plc announced that it had concluded
bank negotiations with regard to the refinancing of its syndicated loan.

The refinancing was subject to the formal completion of an equipment leasing
arrangement which has now been successfully concluded.

Enquiries:

John Simpson             The Mayflower Corporation plc        01494 450145
David Donnelly
Bill Simpson

Liz Morley/Laura Hickman Gavin Anderson                       0207 554 1400




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