Completion of Disposal

API Group PLC
21 January 2005



21 January 2005

                                 API Group plc

           Completion of proposed disposal of API Converted Products


API Group plc, the specialist packaging group, is pleased to announce the
completion of the disposal of its Converted Products businesses for a cash
consideration of up to £12.2m as announced on 4 January 2005.

                                      END

Enquiries:

David Walton, Chief Executive, API Group plc                       020 7653 3300

Tim Spratt/Michelle Morton, Financial Dynamics                     020 7831 3113


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