Redemption of Loan Stock

Redemption of Loan Stock 

    LONDON--(BUSINESS WIRE)--June 26, 2003--

Redemption of Loan Stock

Tate & Lyle PLC ('Tate & Lyle') announces that it has today sent
notices of redemption to holders of 8.0% (formerly 7.5%) Unsecured
Loan Stock 2003 and 10.75% (formerly 10.25%) Unsecured Loan Stock 2008
(the 'Loan Stocks').

The Loan Stocks will be redeemed in full at par on 30 September 2003
together with interest accrued to that point.

Tate & Lyle will apply for the cancellation of the Loan Stocks on the
Official List of the UK Listing Authority and for the cancellation of
trading in the Loan Stocks on the London Stock Exchange's market for
listed securities. Accordingly, it is anticipated that such
de-listings and cancellations will take effect on 30 September 2003
(being not less than 20 business days from the date of this
announcement).

Enquiries:
Mark Robinson, Head of Investor Relations
[e-mail]
Tel: [phone]

   Short Name: Tate & Lyle PLC
   Category Code: MSC
   Sequence Number: 00006365
   Time of Receipt (offset from UTC): 20030626T152239+0100