Result of EGM

YJL PLC 31 July 2000 YJL plc is pleased to announce that at the Extraordinary General Meeting held on 31st of July 2000 shareholders approved the disposal of the business and certain net assets of Birchwood Concrete Products limited to Hanson for the approximate price of £8,500,000, payable in cash on completion. The transaction is expected to be completed within the next seven days. The proceeds of the disposal will be used to enhance YJL's net cash position by repaying borrowings where appropriate, with the balance to be held on deposit in order to finance the development of YJL's continuing business and may, subject to such appropriate opportunities arising, be used to help fund future transactions.
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