Demerger Details

AMCO CORPORATION PLC
27 August 1999

EX-DISTRIBUTION OF SHARES IN TOLENT PLC
COMPANY NAME
*AMCO CORPORATION PLC
SECURITY TITLE
*Ord Shs
MNEMONIC CODE       *ARP
SEDOL CODE          *033-266
TERMS               *Shareholders will receive Demerger Shs on the following 
                     basis: 
                          For Every 1 Amco Share held shareholders will 
                          receive 1 Ord Shr of 10p in Tolent Plc
PROVISIONAL EFFECTIVE DATE *31-08-99
RECORD DATE         *05-08-99
NOTES               *The Distribution is to be effected by a dividend in specie.
                     If proposals are implemented an additional AIM listed
                     Company will be created. Namely Tolent Plc.
                     Dates subject to EGM 31-08-99.