Iraq Banknotes

De La Rue PLC
07 July 2003





                                DE LA RUE PLC


                          DE LA RUE IN DISCUSSIONS ON

                        PRODUCTION OF BANKNOTES FOR IRAQ


In response to today's press announcements in Bagdad, De La Rue confirms that it
is in discussions to assist in the production of banknotes for Iraq. The Company
will lead a consortium of global currency specialists to manufacture the
banknotes.


                                     -ends-


For further information please contact:


Mark Fearon                Head of Corporate Affairs  [phone]
Mike Smith/                Brunswick                  [phone]
Jonathan Glass





7 July 2003







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