Disposal

Marshalls PLC
29 November 2002


                                 MARSHALLS PLC

                         DISPOSAL OF FLOORING BUSINESS


Marshalls plc announces the completion of the disposal of its Flooring business,
which manufactures pre-cast concrete flooring, to Hanson Building Products, part
of Hanson PLC for a cash payment of £13.1 million.

The business had earnings before interest and tax of £1.45 million in the year
ended 31 December 2001.  The net assets the subject of the transaction, which
are fixed assets and stocks, are £6.7 million.  In addition Marshalls is
retaining the debtors and creditors.  Goodwill previously charged to reserves
will be brought into account in determining the profit on disposal of the
business.

The proceeds from the disposal will initially be used to reduce the Group's
borrowings and will then be used to fund future acquisitions.


Enquiries:


Christopher Burnett     Chairman, Marshalls plc                   01422 306000
Ian Burrell             Finance Director, Marshalls plc           01422 306000

Jon Coles               Brunswick Group                           020 7404 5959
William Cullum          Brunswick Group                           020 7404 5959


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