Indygo Arrangement

Worthington Group PLC
30 January 2004

                         WORTHINGTON GROUP PLC

The arrangement with Indygo Limited (Indygo) in which Worthington have a 35%
investment has been terminated because their trading position was not in line
with expectations and no improvement was anticipated.

Worthington have carried out an extensive review of the opportunities available
for the assets invested in Indygo. It is expected that the plant and machinery
formerly leased to Indygo will now need to be sold with an expected write-down
of approximately £600,000. The investment of £35,000 in Indygo will be written
off together with debts of £26,000.



30 January 2004


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