EGM Approves Disposal of Cycles Division

Reece PLC
8 May 2000



REECE PLC ('the Company')


APPROVAL OF THE DISPOSAL OF THE CYCLES DIVISION

The  Company  is pleased to announce that the resolution  to
approve  the disposal of the Cycles Division of  its  wholly
owned subsidiary, Service (Engineers) PLC, was passed at the
Extraordinary General Meeting of the Company held on Friday
5 May 2000.

As  detailed in the Circular to shareholders relating to the
above  transaction, on completion of the  sale,  which  also
occurred  on  Friday 5 May 2000, Mike Norris stood  down  as
Managing Director of the Company.