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SSL InternationalPLC (SSL)

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Friday 29 September, 2000

SSL InternationalPLC

Disp/Re Agreement-Replacement

SSL International PLC
29 September 2000

The issuer has made the following amendment to the Disposal/Re Agreement
announcement released today at 07:00 under RNS No 7453R.

The tenth paragraph should read: 'Commenting on the technology sharing agreement
and the sale of Scholl rights in Latin America, Stuart Wallis, Chairman of SSL
said:' inserting 'sale of' which was omitted in the original text.  

All other details remain unchanged.

The full corrected version is shown below.

                      SSL International plc
  Sale of US unbranded condom manufacturing facility and Scholl
                     brand in Latin America
Signing of new technology sharing agreement with Schering-Plough

SSL International plc ('SSL'), the international manufacturer and
distributor of healthcare products, announces the sale of its  US
unbranded  condom manufacturing facility, the signing  of  a  new
technology  sharing  agreement  with  Schering-Plough  Healthcare
Products Inc and the sale of the Scholl brand in Latin America.

Sale of unbranded condom manufacturing facility

SSL   has   completed  the  disposal  of  its  unbranded   condom
manufacturing  facility in Eufaula, Alabama, to  Custom  Services
International Inc ('CSI').  SSL announced its intention  to  sell
this  operation  in  June 2000 following  a  comprehensive  group
strategy review.

The Eufaula plant manufactures unbranded condoms for supply to  a
number  of government and aid agencies, the largest of  which  is
the US Agency for International Development ('US AID').

CSI  is  an  established  international condom  manufacturer  and
distributor  in  the United States and Latin  America,  and  will
continue to operate the Eufaula factory as a condom manufacturing
site.   The  US  AID supply contract is in the process  of  being
transferred to CSI as part of the transaction.

The  consideration for the Eufaula facility, comprising land  and
buildings, plant and machinery and stock, was approximately  $8.3
million in cash.  The site employs approximately 250 people, most
of whom will be retained by CSI following the sale.

This disposal completes the sale of non core areas.

SSL   remains   the  leading  branded  condom  manufacturer   and
distributor in the world, with condom manufacturing facilities in
Thailand, Spain, India, China and the UK.

Footcare technology sharing agreement

SSL  announces  that it has entered into a long  term  technology
sharing  and licensing agreement with Schering-Plough  HealthCare
Products  Inc  ('SPHCP')  for  the development  of  new  footcare

Under the agreement, new products developed by either party  will
be  available for sale by the other party in the relevant  market
subject to a royalty payment.  As part of the agreement, SSL  has
paid a know-how licence fee of US$10 million to SPHCP.

Sale of Scholl brand in Latin America

SSL has also sold the rights to the Scholl brand in Latin America
to  SPHCP. SSL will close its commercial facilities in Brazil and
Argentina,  but will retain commercial operations  in  Mexico  to
support other businesses.

Commenting  on  the technology sharing agreement  and the sale of
the  Scholl  rights in Latin America, Stuart Wallis, Chairman  of
SSL said:

'We  have  long admired SPHCP's innovations in footcare,  and  we
believe  that this long term agreement will benefit both parties,
allowing  new  Scholl  products to be introduced  to  the  global
market more efficiently and with faster lead times.

'Our  post-merger strategy review revealed that the Scholl  brand
in  Latin  America  is difficult to sustain without  the  selling
rights  in  North America.  The sale will allow SPHCP to  exploit
the  brand  in the whole of the Americas, and will enable  us  to
concentrate  on developing the Scholl brand in the  rest  of  the

The  consideration for the sale of the brand was  US$10  million.
Sales  of Scholl products in Latin America for the thirteen month
period ended 31 March 2000 were US$6.3 million.

For further information, please contact:

SSL International plc
Stuart Wallis, Chairman                             020 7426 4680
Iain Cater, Chief Executive                          01565 624000
Paul Sanders, Finance Director                       01565 624000

Square Mile Communications
Louise Robson/Carys Jones                           020 7601 1000

a d v e r t i s e m e n t