Board Meeting Notification

DERWENT VALLEY HOLDINGS PLC
24 September 1999

Letter to Company Announcements Office

Please be advised that a board meeting of this company will be held on Wednesday
29th September 1999 at 87 Wimpole Street, London, W1M 7DB.  Following this
meeting, the financial results for the half year ended 30th June 1999 will be
announced, together with the declaration of an interim dividend for the year.

From: T.J. Kite  Company Secretary
      Derwent Valley Holdings Plc