Disposal discussions

Renold PLC
06 June 2006


Renold plc ('Renold' or the 'Group')

Disposal discussions

In line with the Board's strategy to focus the Group on the core activities of
the manufacture and sale of industrial chains, gears and couplings, the Board is
pleased to announce that it is in advanced discussions which may or may not lead
to the disposal of the Group's Automotive business.

Renold is at an advanced stage of negotiations with Schaeffler KG ('Schaeffler')
whereby Schaeffler will acquire the business and certain assets of the
Automotive business, and the appropriate employee consultation process is about
to commence.

The Board of Renold will make further announcements regarding the progress of
this potential disposal as soon as it is appropriate.

For further information, please contact:
Robert Davies, Chief Executive - tel: [phone]
Tony Brown, Finance Director - tel: [phone]




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