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Yorkshire Group PLC (YOR)

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Wednesday 10 December, 2003

Yorkshire Group PLC

Memorandum of Understanding

Yorkshire Group PLC
10 December 2003

10th December 2003


Yorkshire Group plc ('Yorkshire') announces that it has signed a memorandum of
understanding with DyStar LP ('DyStar').  The memorandum envisages the
acquisition by DyStar of certain assets of the textile dyes business of
Yorkshire Americas Inc ('YAI').  The terms of the memorandum are confidential
but a further more detailed announcement is expected to be made in the coming
weeks.  The transaction envisaged by the memorandum would be subject to the
approval of Yorkshire shareholders.

                                    - Ends -


Nick Denton, Hogarth Partnership Limited                      Tel: 020 7645 3954

Andrew J Dick, Chief Executive, Yorkshire Group plc            Tel: 0113 2443111

                      This information is provided by RNS
            The company news service from the London Stock Exchange