Proposed sale - Autoclenz Ltd

Yule Catto & Co PLC 31 October 2005 Yule Catto & Co plc Proposed sale of Autoclenz Ltd. The Board of Yule Catto & Co. plc ('Yule Catto' or 'the Group') announces that the Group is reviewing the potential disposal of Autoclenz Ltd., its car valeting and vehicle preparation subsidiary, by way of admission to the AIM market of the London Stock Exchange towards the end of November. If the flotation is successful, anticipated gross proceeds of £18 million would be used to reduce Group borrowings. In the twelve months to 31 December 2004 Autoclenz Ltd. had an operating profit of £1.87 million and gross assets of £5.5 million. This sale is in line with Yule Catto's corporate strategy, as referred to in its interim results on 8 September, of reshaping its performance chemicals activities. 31 October 2005 ENQUIRIES: YULE CATTO Tel: 01279 442791 Alex Walker, Chief Executive Sean Cummins, Finance Director COLLEGE HILL Tel: 020 7457 2020 Gareth David This information is provided by RNS The company news service from the London Stock Exchange BXEBBZFBZ

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