Sale

Genus PLC 21 March 2001 FOR IMMEDIATE RELEASE 21 March 2001 GENUS plc Sale of Human Pharmaceuticals Business The Distribution Division of Genus plc completed the sale of the stock and goodwill of its £2.6 million per year human pharmaceuticals wholesale business on 15 March to Audenbrook Ltd. The consideration was £352,000 in cash. Genus Distribution is a marketer and wholesale distributor of veterinary products. The sale of this non-core human pharmaceutical business will enable the Division's new management to concentrate its efforts on the recovery of the Division's principal businesses in the veterinary sector. - END - ___________________________________________________________________________ FOR FURTHER INFORMATION, PLEASE CONTACT: Genus Richard Wood, Chief Executive Tel: +44 (0)1270 536501 Buchanan Communications Charles Ryland / Catherine Miles Tel: +44 (0)207 466 5000 Notes to Editors: In July 2000 Genus moved from OFEX to the Alternative Investment Market of the London Stock Exchange and now trades in over 70 countries through its three divisions: * Genus Breeding is the global market leader in cattle Breeding. Its cutting edge technology is being used to improve the quality of beef and dairy herds worldwide. * Genus Consulting offers advice to the complete food chain including solutions for farmers, growers, food manufacturers, agri-business and national and international policy makers. * Genus Distribution is a marketer and wholesale distributor of veterinary products.

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Genus (GNS)
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