Disposal

20 July 2005 LAWRENCE plc Completion of Blackfast sale and Results announcement date On 31 March 2005 Lawrence plc exchanged contracts to sell the business and assets of Blackfast Chemicals, its room temperature blacking division, to its management team for a cash consideration of £1.3 million. Lawrence is now pleased to announce that the transaction has completed. Lawrence will announce its Results for the Year ended 31 March 2005 on 29 July 2005. Peter Lawrence, Chairman of Lawrence plc, commented: "This is a further step in the implementation of our strategy to focus on our global animal health and feed additive businesses. I am sure that Blackfast will continue to flourish under its management team". Contacts: Peter Lawrence Chairman, Lawrence plc 020 8336 2900 Anthony Spiro Spiro Financial 020 8949 0428 Philip Davies Charles Stanley & Co 020 7953 2000 Lawrence plc is a leader in the development, manufacture and distribution of principally specialist chemical and pharmaceutical products for the animal health and farming markets worldwide. Our products for these growth markets incorporate natural ingredients to promote well-being and sustainability. We achieve our financial goals through the careful and responsible application of science to generate value for our shareholders.
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