Corporate Action

Anglo-Welsh Group PLC
15 December 2000

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *AWL
SEDOL CODE              *043-834
TERMS                   *1 Offer share for every 2 existing ordinary shares held
                         at 2p.
EX DATE                 *18-12-00
RECORD DATE             *08-12-00
SPLITTING APPLICATION FORMS *09-01-01 3:00pm
RECEIPT OF APPLICATION FORMS *11-01-01 3:00pm
DEALING COMMENCE NEW SHARES *15-01-01
NOTES *


SUB-DIVISION
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *AWL
SEDOL CODE              *043-834
TERMS                   *Each Ordinary share of 10p will be subdivided into 10
                         Ordinary Shares of 1p each.
PROVISIONAL EFFECTIVE DATE *Info n/av
RECORD DATE             *Info n/av
NOTES *Dates to be confirmed.