Disposal of Animal Feeds Divisions

HAYS PLC 21 October 1999 HAYS DISPOSES OF ANIMAL FEED INGREDIENTS OPERATIONS Hays plc today announces that it has disposed of Hays Ingredients Ltd and Feed Flavors Inc. These businesses manufacture and distribute animal feed ingredients and were part of Hays Chemical Distribution. They were purchased from Hays by The Braes Group for a total cash consideration of £18m. The proceeds of the sale will be used to reduce Group borrowings. The disposal of this non-core division demonstrates Hays' commitment to concentrate on its main, service-related, core activities. Commenting on this disposal, Ronnie Frost, Chairman of Hays plc said: 'We are very pleased with the sale and wish the management and staff every success in the future.' For further information, please contact: Ronnie Frost Chairman, Hays plc 01483 302 203 Andrew Grant Brunswick 0171 404 5959 Corinne Daniels

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