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Yorkshire Group PLC (YOR)

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Monday 23 February, 2004

Yorkshire Group PLC

Disposal

Yorkshire Group PLC
23 February 2004


PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

23 February 2004

YORKSHIRE GROUP PLC ('YORKSHIRE' OR THE 'COMPANY')

  PROPOSED DISPOSAL OF PART OF YORKSHIRE AMERICAS, INC., NEW BANKING
  FACILITIES AND BOARD CHANGES

On 3 February 2004, Yorkshire announced the proposed disposal of part of the
textile dyes business operated by Yorkshire Americas, the agreement of the terms
of new banking facilities and a proposed extension of the borrowing powers of
the Directors granted at the Company's annual general meeting on 17 June 2003.

Following receipt of shareholder approval at the Extraordinary General Meeting
of Yorkshire on 19 February 2004, the Company is pleased to announce that the
Proposed Disposal and Proposed Banking Facilities have both become unconditional
in all respects. As a result, Pat Barrett's resignation as Chairman of Yorkshire
is now effective, with Andrew Dick assuming the additional role of Chairman on
an interim basis.

Certain terms used in this announcement are defined in the circular despatched
to Shareholders on 3 February 2004.

Enquiries:

Yorkshire Group plc                                  Tel: 0113 244 3111

Andrew Dick (Chief Executive)
Jim Perrie (Chief Financial Officer)
Malcolm Shilton (Company Secretary)

Hawkpoint Partners Limited                           Tel: 020 7665 4500

Andrew Speirs

Hogarth Partnership Limited                          Tel: 020 7357 9477

Nick Denton




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