Re Disposal

Carclo PLC
19 September 2001



                       Carclo plc
                                                        
    COMPLETION OF DISPOSAL AND RATIONALISATION OF THE
                 TELETRONICS BUSINESSES

Completion of Disposal

As  previously announced on 17 September 2001,  the  wire
manufacturing  business and operating  assets  of  Joseph
Sykes  Brothers have been purchased by Bekaert, a Belgian
publicly  quoted company.  Cash proceeds  of  £5.6million
have   been   received,   representing   a   premium   of
approximately £1million over the estimated book value  of
operating  assets transferred on completion.  Carclo  has
retained  £1.8 million of working capital which  will  be
converted to cash in due course.

In  addition we have exchanged conditional contracts  for
the  sale  of the Halifax site formerly occupied  by  Lee
Smith  Wires  and expect to receive cash proceeds  of  £2
million on completion of the sale in October.

Rationalisation of the Teletronics Businesses

In  the trading statement issued at the AGM earlier  this
month we stated that we were reviewing our UK teletronics
manufacturing  capacity following the sharp  downturn  in
demand for telecom components.  The conclusions from this
review are as follows:

* CTP  Silleck  Scotland  will  be  closed  and  the
  remaining business absorbed within an enlarged CTP Davall
  operation.  The costs of closing this business will be in
  the  region of £3.8 million of which approximately half
  will be cash costs of redundancy and reorganisation.

* At  CTP Alan, acquired in December 2000, action has
  been taken to reduce the cost base.  However, the board
  believes   that   some  impairment  of   the   goodwill
  provisionally associated with this acquisition needs to
  be recognised and this is currently being evaluated.

* In  addition we have decided to withdraw  from  the
  manufacture of CD boxes at CTP White Knight and redevelop
  the Eastbourne plant as a production unit for our growing
  medical  plastics business.  The cost of withdrawal  is
  provisionally  estimated  at  £2.1  million,  of  which
  approximately 25% will be the cash cost of redundancies
  and reorganisation.

We  continue to expand our production capacity  overseas.
Some  of  the plant and equipment released by  the  above
closure  programmes will be redeployed  to  our  overseas
operations.

The board of Carclo is determined to take early action to
protect  the  overall value of the group in the  face  of
this  downturn and to concentrate resources on businesses
which continue to create value.

For further information please contact:

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

Golin/Harris Ludgate
Peter Gaze/Trish Featherstone               0207 324 8888