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Armour Trust PLC (AMR)

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Friday 28 April, 2000

Armour Trust PLC

Disposal of Airfresh and Bluecol Brands

Armour Trust PLC
28 April 2000

        Armour Trust plc ('Armour' or the 'Company')
                              
Disposal of Airfresh (UK) Limited and Bluecol Brands Limited
                              
Further  to the passing of the resolutions proposed  at  the
Extraordinary General Meeting of the Company held yesterday,
the  Directors are pleased to announce that the disposal  of
Airfresh (UK) Limited and Bluecol Brands Limited for a gross
aggregate  consideration of £10.5 million to Pennzoil-Quaker
State  Limited,  as  described  in  the  circular  sent   to
shareholders dated 11 April 2000, was completed today.