Stmnt re Disposal

Carclo PLC 3 October 2000 CARCLO PLC Completion of Disposal Carclo plc announces that, following satisfactory consultation with the affected employees, the sale of its Brunton Shaw wire rope manufacturing business was completed on 30 September 2000. As previously announced on 14 September 2000, the business and operating assets have been purchased by a newly formed subsidiary of Usha Beltron Ltd. to be called Brunton Shaw (UK) Limited. Cash proceeds of £3.3 million have been received, representing the estimated book value at completion of operating assets transferred to the new company. For further enquiries please contact: Carclo plc Ian Williamson, Chief Executive 01924 330 500 Chris Mawe, Finance Director Golin/Harris Ludgate Richard Hews 0207 253 2252

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Carclo (CAR)
UK 100

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