Disposal

Carclo PLC
4 September 2001

                       CARCLO plc

                DISPOSAL OF WIRE BUSINESS

Carclo  plc, the technical plastics group, announces  the
sale   of   its   Joseph  Sykes  Brothers  ('JSB')   wire
manufacturing business to Bekaert, the Belgian,  publicly
quoted,  metal  transformation and coatings  technologies
group.

Bekaert  will  purchase  the  operating  assets  of   JSB
excluding  the  debtors,  creditors  and  the  land   and
buildings  for  a  total  amount  of  approximately  £5.6
million to be paid in cash upon completion. The net  book
value  of  the  assets being sold at completion  will  be
approximately  £4.6  million. The disposal  of  JSB  will
result  in the reinstatement of £1.5 million of  goodwill
which was previously written off to reserves. Carclo  has
retained the debtors and creditors with an estimated  net
value  of £1.8 million and the land and buildings with  a
net  book  value of £3.2 million.  The land and buildings
will be leased to Bekaert and will increase the value  of
the group's non core property assets to £9.3 million. The
proceeds  arising from the transaction will  be  used  to
reduce group indebtedness.

JSB's   principal   activity  is   the   manufacture   of
specialised steel wires for spiral binding,  haberdashery
products and other niche applications. In the year to  31
March  2001 JSB had sales of £13.7 million and  generated
an  operating profit before exceptional charges, interest
and taxation of £0.8 million.

The  sale  agreement  is  conditional  upon  satisfactory
consultation  with  the  affected employees,  with  final
completion anticipated to take place around 14  September
2001.

The   divestment  of  the  JSB  business  fits  into  the
strategic  plan developed over the last five years,  with
the  Carclo Technical Plastics division growing from  20%
to 80% of group activity.


For further information please contact:

Carclo plc
Ian Williamson, Chief Executive             01924 330 500
Chris Mawe, Finance Director

Golin/Harris Ludgate
Peter Gaze/Rachel Child                     0207 324 8888