Disposal

Senior PLC
23 October 2001


23 October 2001


SENIOR SELLS TWO INDUSTRIAL BUSINESSES


Senior plc ('Senior'), the international manufactuting group, is pleased to
announce that it has sold its industrial operations in Australia and New
Zealand to Tyco Flow Control Pacific Pty Ltd ('Tyco') for a total
consideration of £1.6m.

The disposal, effected through the sale of 100% of the share capital of Senior
Flexonics Australia Pty. Limited and Senior Flexonics New Zealand Limited, is
expected to give rise to a profit on sale of £0.4m after costs of disposal.

In the nine months to 30 September 2001, the total profit before interest and
tax of the two operations was £0.2m on turnover of £2.7m. The sale proceeds
will be used to reduce the Group's borrowings.

Commenting on the disposal, Graham Menzies, Group Chief Executive said:

'The Australian and New Zealand industrial operations are both well managed
profitable companies with strong market positions. I am sure they will fit
well with Tyco's existing operations. The proceeds from the sale, which is in
line with Senior's strategy to focus on its Aerospace and Automotive
businesses, will contribute to the Group's ongoing debt reduction programme'.


Enquiries:

Senior
Graham Menzies          Group Chief Executive              01923 714702
Mark Rollins            Group Finance Director             01923 714738

Finsbury
James Murgatroyd                                           020 7251 3801
Charlotte Festing


Internet users will be able to view this announcement, together with other
information about Senior plc, on the web site: www.seniorplc.com You may
receive further Senior plc News Releases by post, fax or e-mail.  If you would
like to change from the current method please contact Lisa Johnstone at
Finsbury Group, at the telephone number above, or e-mail your request to her
at [e-mail]


Note to Editors:

Senior is an international manufacturing group with annual sales of nearly £
500m and with operations in 16 countries.

Senior designs, manufactures and markets high technology components and
systems for the principal original equipment producers in the worldwide
aerospace, automotive and specialised industrial markets.

Senior's policy is to enhance shareholder value by improving operating
performance and customer service levels and by developing its market position
in the aerospace and automotive industries.